There's a US interest rate decision coming later in the day, but in the meantime investors and traders will have jobs and wage data, Bank of England minutes and a host of corporate updates to chew over.
Here's the highlights of this morning's breaking stories:
These stories are breaking and may develop throughout the day. Keep checking the Standard's business pages for the latest.
Employment and wages on the up?
Jobs figures due out at 09:30am are expected to show that the unemployment rate has held steady at 5.5%, but all eyes will be on wages as latest data from the Office for National Statistics covers April - the most important month for pay settlements.
Signs of rising pay could give some of the Bank of England's rate-setters itchy trigger-fingers.
Speaking of the Bank of England, the minutes of its June policy meeting will also be released at 09:30am and are likely to show that the committee responsible for setting rates voted unanimously to keep them at 0.5%.
Bond sell-off continues
World markets worry and the bond sell-off continues over concerns about a potential Greek default and ahead of the US Federal Reserve's interest rate decision.
When that decision is reported this evening, commentary could indicate a US rate rise is coming, as expected, in September.
Companies news highlights:
From World Cup to Grand National - Betfair has a record year with earnings up 32% to £120 million.
GlaxoSmithKline is investing $95 million to create a new US research institute led by a top genomics professor to investigate how a cell's operating system works.
Old Mutual is raising $230 million through a share placing for "general corporate purposes"
Housebuilder Berkeley's profits rose just 42% last year to £540 million. It also completes a "milestone" 434p per share dividend pay-out and says will make £2 billion profit over next three years and return £1.7 billion to shareholders.
Steel structures firm Severfield takes £6m hit for falling bolts from the Cheesegrater, which will take a year to replace.
Ten Alps is buying Reef TV, maker of such daytime hits as 'Put Your Money Where Your Mouth Is', 'Penelope Keith's Hidden Villages' and 'Selling Houses with Amanda Lamb' for £5 million. Plus, Bob Geldof leaves the board and Luke Johnson joins.
Bob Diamond's Atlas Mara sells a small stake in African private equity firm for $8.7 million.
Posh wallpaper firm Walker Greenbank says it has seen a strong start to the year, with sales up 8.9% and the US market booming.
