• FTSE 100 seen opening slightly higher

  • Nikkei rallies 3.5% as tech rebounds

  • Gold climbs above US$4,120

  • Kainos and Kingspan lead UK diary

FTSE 100 seen opening slightly higher

Nikkei rallies 3.5% as tech rebounds

Gold climbs above US$4,120

Kainos and Kingspan lead UK diary

7.00 am GMT: London eyes a firm start

The FTSE 100 is expected to open around 0.1% higher on Monday after losing 1% on Friday, with improving sentiment towards technology stocks providing a more supportive global backdrop.

Wall Street stabilised on Friday after the previous session's rout, with the Nasdaq gaining 1.1% and S&P 500 adding 0.3%, although the Dow slipped 0.5%.

The recovery accelerated in Asia, where Japan's Nikkei jumped 3.5%, Taiwan surged 5.7% and South Korea's KOSPI gained around 1.7%, while Hong Kong edged higher.

Australia's ASX 200 closed almost flat at 9,030.

Gold rose 1.3% to around US$4,127 an ounce, while Brent crude fell 1.2% towards US$97.

Bitcoin has fallen below US$75,000 as cryptocurrency markets extend their recent sell-off, with Ethereum, Solana and XRP also under pressure amid heavy ETF outflows and renewed concerns over US regulation.

In London, investors will watch half-year results from Kainos and a trading update from Kingspan, alongside signs of further cooling in the UK jobs market.