Commodity prices found a small bid in early US trading after a top official in the Trump administration said that Washington was not looking at the possibility of de-listing Chinese firms from US stockmarket exchanges.
A top US official said on Monday that Washington was open to a short-term deal with China as long as "structural issues" such as American companies' access to the Asian giant and Chinese government subsidies for the their state-owned enterprises were on the table.
European stocks finished higher on Monday as investors awaited the restart of trade talks between the US and China, though weak German data soured the mood.
The spotlight on Tuesday will be on a trio of speeches from three top US central bank officials.
The pound drifted slightly lower at the start of the week after The Daily Telegraph reported that the Prime Minister, Boris Johnson, was ready to go to the Supreme Court in order to avoid having to ask Brussels for another extension if he had not clinched a withdrawal deal by 19 October, as the Benn Act required of him.
London stocks started the week higher, despite worries about a global slowdown and jitters ahead of this week's Sino-US trade talks.
Hundreds of climate change protesters blocked major roads around parliament in London on Monday, marking the start of two-weeks of peaceful demonstrations to force the government to change its policies on environmental issues.
Analysts at ShoreCap raised their recommendation on Sainsbury's shares from 'sell' to 'hold' on valuation grounds, but shied away from recommending a 'buy' following the recent loss of Argos Sainsbury boss, John Rogers, and the likelihood of a flat medium-term earnings trajectory for the grocer.
Churchill China revealed on Monday that non-executive director Andrew Roper had sold 259,000 ordinary shares in the British pottery manufacturer.
Gooch & Housego on Monday said trading for the year ended 30 September was in line with expectations, as demand for its fibre optic products and fibre couplers reached record levels.
London's FTSE 100 was up 0. 6% at 7,194. 73 in afternoon trade on Monday.
MaxCyte announced a new clinical and commercial license agreement with Editas Medicine on Monday, in which Editas would use MaxCyte's ‘Flow Electroporation’ technology and ‘ExPERT’ instruments for the advancement of engineered cell medicines, including EDIT-301, which was described as an experimental CRISPR medicine designed to durably treat sickle cell disease and beta-thalassemia.
US stocks opened lower on Monday as market participants looked to a meeting between US and Chinese trade officials later in the week with a degree of scepticism.
London's FTSE 250 was down 0. 23% at 19,436. 03 in afternoon trade on Monday, with SIG leading the index lower.
Quadrise Fuels on Monday reported a narrowed annual loss and said it is assured funding through the medium-term after completing a successful fundraising in September.
Clinical diagnostics specialist Novacyt announced the successful development of a new molecular diagnostic multiplex test for respiratory infections on Monday, which it said was ready for launch in North America in time for the United States cold and flu season.
CEPS announced on Monday that its subsidiary company, Signature Fabrics, has acquired 90% of the issued share capital of a newly-incorporated company, Milano International Holdings, which has been formed to acquire 100% of the issued share capital of Milano International, trading as Milano Pro Sport, for a consideration of £1. 85m.
Security and surveillance software developer Petards has been awarded a contract to supply Bombardier Transportation with its ‘eyeTrain’ systems, it announced on Monday.
Integumen has signed multi-year agreements with two unnamed ‘top 10’ global cosmetic companies for recurring LabskinAI services, it announced on Monday, with initial aggregate low six-figure payments already received.
US President Donald Trump attacked House Speaker and top Democrat Nancy Pelosi on Sunday saying she could be guilty of treason.