London's blue-chip stocks are set to start Thursday in positive territory, with the FTSE 100 called around 8 points higher, despite US markets ending lower overnight and with Asian stocks mixed this morning.
Meanwhile, disappointing consumer confidence data is likely to impact retail stocks when trading resumes today.
In the US overnight, the Dow closed 0.11% lower at 24,726.65, the S&P 500 fell 0.08% to end at 2,679.25 and the Nasdaq eased by 0.04% to 6,960.96.
In Asia this morning, the Nikkei 225 was down 0.12% at 22,864.28, while the Hang Seng was up 0.46% at 29,368.43.
WTI crude was 0.1% lower at $58.03 per barrel and Brent was down 0.17% at $64.45 per barrel.
Gold was 0.02% weaker at $1,269.3 an ounce, silver was down 0.18% and copper was broadly unchanged.
Shareholder meetings are to be hosted by APQ Global, Duke Royalty, Karelian, Plexus, Trinity Capital and Transense Technologies.
In economic news, GfK said its UK Consumer Confidence Index decreased by one point to -13 in December.
In addition, data regarding public sector net borrowing is expected later today.