European shares are seen rebounding slightly today, helped by a retreat in oil prices below $60 a barrel.
However, investors are awaiting a fresh batch of US economic numbers for clues on whether the Federal Reserve will continue to raise interest rates.
Technology shares may come under pressure, after profit and valuation concerns pressured the sector in the United States and in Asia.
Business updates from banks HBOS and Allied Irish Bank, and first-half results from British water utility Severn Trent top a thin corporate agenda, leaving investors to focus on a set of economic reports, which include US productivity and factory orders.