• FTSE 100 up 26 at 10,776

• Miners recover ground

8.30am: Blue-chips in the green

UK blue-chips opened their account in the green on Monday, with mining stocks, heavily sold off last week, reversing some of their losses. Antofagasta, which warned on production, led the charge, adding around 2% in the first half hour of trading.

Corporate news was at a premium, with the only notable news of the day coming in the form of a clinical trial update from AstraZeneca, which had positive news on its cancer drug Tagrisso.

Ahead of the open

Good morning. The FTSE 100 is poised to open around 23 points higher, taking its cue from a mostly buoyant session across Asia.

Regional technology shares led the way, buoyed by fading expectations of an imminent Federal Reserve rate hike.

Soft US retail sales, down 0.6% in July, have trimmed the odds of a September move to roughly one in four, from about 50% a week ago.

Chip stocks did much of the heavy lifting. Hong Kong's Hang Seng climbed 1.8%, while Japan's Nikkei shrugged off weaker-than-expected growth figures to move further into record territory.

Oil, meanwhile, remains a worry, with tanker traffic through the Strait of Hormuz still largely halted and President Trump warning Americans to brace for pricier petrol.