Source - SMW
The FTSE 100 is seen around 14 points higher at the start of trading, tracking early gains in Asia, but volumes are expected to be subdued in the run-up to the Christmas break.

OVERSEAS MARKETS

In the US on Friday, the Dow closed 0.58% higher at 24,651.74, the S&P 500 added 0.9% to end the week at 2,675.81 and the Nasdaq gained 1.17% to reach 6,936.58.

In Asia this morning, the Nikkei 225 was up 1.62% at 22,917.62 and the Hang Seng was 0.71% higher at 29,053.73.

COMMODITIES

WTI crude was 0.3% higher at $57.47 per barrel and Brent was up 0.33% at $63.44 per barrel.

Gold was little changed at $1,258.3 an ounce, silver was up 0.17%, while copper eased by 0.48%.

LONDON MARKETS

Shareholder meetings are to be hosted by Leaf Clean Energy, Minds + Machines, Mosman Oil And Gas, PROACTIS and Zhejiang Expressway.

Interim results are due from Goodwin and final results are expected from Schroder UK Mid & Small Cap Fund.

Meanwhile, a trading statement is scheduled to be released by Berensden.

In economic news, CBI Industrial Order Expectations data is to be released later today.