The FTSE 100 .FTSE index is seen leaping 140-146 points, or 2.9 percent higher, at its open on Tuesday, according to financial bookmakers, returning in bullish fashion after the long August Bank Holiday weekend, to catch up with strong gains in Europe on Monday and overnight on Wall Street and in Asia.
U.S. blue chips .DJI soared nearly 2.3 percent higher on Monday, adding to Friday's 1.2 percent advance, in a broad-based rally led by financial stocks as a merger between two big Greek banks provided a rare bit of encouraging news out of debt-stricken Europe, and as a rebound in consumer spending calmed fears of a new U.S. recession.
Asian stocks rose strongly on Tuesday, with Japan's Nikkei .N225 and MSCI's Asia ex-Japan index