Good morning.
It’s set to be a positive start for the FTSE 100, which is poised to reverse yesterday’s losses at the open.
The blue-chip index closed down lower on Monday, dragged down by oil prices as fresh lockdowns in Shanghai sparked fears over demand.
But hopes of progress in negotiations between Russia and Ukraine helped to boost investor sentiment, with US and Asian stocks rising overnight.
5 things to start your day
1) P&O Ferries has second vessel detained over safety concerns Ship remains in Dover days after ferry not allowed to leave port in Northern Ireland
2) Security flaws leaves electric cars at risk of cyber hacks Electric cars can be hacked into via charging points
3) Gas imports to soar without more North Sea investment, warns industry Offshore Energies UK says that Norway now supplies more of UK’s oil than country’s own producers
4) Brussels takes legal action against UK over use of British parts in wind farms The EU has complained to the World Trade Organisation, in its first such move since Brexit
