We expect strong openings across Europe this morning - the bulk of the U.S. gains we saw yesterday were posted after the European markets had closed.

We could see a shaky start today in the States as the market come to terms with the news that Microsoft are to delay the release of their new Vista operating system until after Christmas.

Things started to quiet down yesterday ahead of the Easter break with volumes on the low side and concerns about oil prices keeping the brakes on the markets.