What you need to know before the open
European markets are expected to make a positive start to the day, with investors hopeful of US and Chinese stimulus to counter economic slowdown.
Corporate data
UK broker ICAP has announced a fall in revenue for February and March of 14 per cent. The company believes it will achieve results in line with market expectations, which range from £266m to £280m. The consensus is £273m.
UK engineering group Babcock International said this morning that it has been named as the preferred bidder for a 21 year contract, with London's Fire Brigade (LFB).
BHP Billiton has issued a statement responding to so-called “market speculation” about its decisions on simplifying its portfolio.
Jupiter Fund Management has announced it is selling its private client and charities operations to Rathbone Brothers for £43m.
Data in focus
7:55am: Germany March unemployment
8:30am: UK March Markit manufacturing PMI
9:00am: EU February unemployment rate
12:58pm: US March Markit manufacturing PMI