Source: Sharecast
The FTSE 100 was called to open around 70 points higher.
On the macro front, all eyes will be on the S&P Global CIPS manufacturing PMI for May, which is due out at 0930 BST.
In corporate news, meanwhile, there were several reports that online fashion giant Shein was edging closer to a London stock market flotation.
It was understood that Shein - which was founded in China and is headquartered in Singapore - is planning to file a confidential prospectus with regulators this month.
Elsewhere, Hollywood Bowl reported a 10.5% rise in half-year earnings and lifted its dividend by a fifth on the back of record revenues, driven by strong trading in the UK and Canada.
Pre-tax profit came in at £29.5m as revenue rose 8% to £119.2m. The dividend was increased 21.7% to 3.98p a share.
Engineering firm Hunting said it had secured a second OCTG order with Kuwait Oil Company, through its distributor in Kuwait, with a value totalling $86m.
With this order, Hunting has now been awarded contracts with a total value of $231m from KOC for OCTG casing and its premium connections.