London stocks were set to rise at the open on Tuesday following heavy losses in the previous session.
The FTSE 100 was called to open 60 points higher at 7,357, having slumped 2.6% on Monday amid growing tensions between Russia and Ukraine.
CMC Markets analyst Michael Hewson said: “As a result of yesterday’s startling rebound in the US, markets here in Europe look set to open higher this morning, despite a negative Asia session, with the volatility set to continue, with the only US economic numbers of consequence being US consumer confidence for January as the latest two-day Federal Reserve rate meeting gets under way.
Jarvis Investment Management Ltd offers a wide range of stockbroking and administration services and solutions. Their parent company, Jarvis Securities plc (LON:JIM) is listed on AIM.