The crypto market shed more than $8 billion yesterday, raising questions about the long-term volatility of several of the market’s biggest names.
The blue-chip index was also put under pressure by a rally in the pound.
Oil prices were weaker today after President Donald Trump gave limited waivers to eight countries to continue importing Iranian crude without violating US sanctions. But the price remains higher than a year ago, thanks to production curbs by oil producers.
New GDP figures are expected to show growth of 0.6%.
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Investors had one eye on political developments.
The pound and London share prices were sanguine this morning ahead of a key Brexit Cabinet meeting tomorrow. But a UK-EU deal is far from certain with major issues unresolved.