• FTSE 100 futures up 66 points at 10,743.5

• Asian markets mostly higher as technology shares rally

• Wall Street closes modestly lower

• Gold rebounds while oil holds near US$96

• Revised UK growth figures in focus

7.00 am BST: London called higher as bond pressure eases

The FTSE 100 is expected to rebound at Wednesday’s open, with the December contract up 66 points, or 0.6%, at 10,743.5.

London’s blue-chip index closed 48 points lower at 10,636.71 on Tuesday after its early gains faded.

Sentiment improved overnight as US Treasury yields retreated from multi-year highs and Asian technology shares advanced.

Japan’s Nikkei 225 climbed 1.5%, supported by chipmakers and a 6% jump for technology investor SoftBank Group, while the broader Topix gained 1%.

Australia’s S&P/ASX 200 advanced 0.8%, and mainland China’s Shanghai Composite added 0.3%, although Hong Kong’s Hang Seng and South Korea’s Kospi slipped 0.3% and 0.4% respectively.

Wall Street finished modestly lower as elevated borrowing costs continued to pressure equities, with the Dow Jones Industrial Average down 0.3%, the S&P 500 losing 0.2% and the Nasdaq Composite edging 0.1% lower.

The US 10-year Treasury yield eased to around 5.22% after reaching its highest level since 2007.

Brent crude slipped 0.1% to US$96.04 a barrel, and West Texas Intermediate was broadly unchanged at US$89.39, potentially limiting support for BP and Shell.

Gold recovered 0.7% to US$4,210 an ounce, which could provide some relief for precious-metals miners following their recent losses, while copper fell 0.4%.

Investors will assess revised UK second-quarter gross domestic product figures, the current-account balance and Nationwide’s latest house-price index.