FTSE 100 Set to Open Flat Ahead of ECB Decision and US Inflation Figures

Global markets are bracing for a quiet opening on Tuesday as investors wait for fresh cues from this week's European Central Bank interest rate decision and crucial US inflation figures.

Futures indicate that the FTSE 100 will open around 2.4 points lower at 10,819.73, following Monday's subdued session in which the blue-chip index slipped 8.96 points, or 0.1%, to 10,822.13.

Attention is already turning towards the ECB's decision on Thursday and US inflation data on Friday, which could impact market sentiment and trading activity.

The pound strengthened against the dollar in early trading, rising to $1.3538 from $1.3516 at Monday's London close, while the euro surged to $1.1642.