A strong performance on Wall Street overnight has led to an opening surge for the FTSE 100, currently up 63.5 points, or 1.03%, to 6252.6.
Again it seems to be the miners dominating the market, with Antofagasta posting a solid result early, up 22 points or 3.27%, to 694.
Anglo American, the world’s second largest miner, is up 80 points, or 2.98%, to 2765; while Lonmin is ahead 85 points, or 2.76%, to 3170.
The wettest British June on record hit Scottish & Newcastle’s first-half profit, the brewer currently down 7 points, or 1.22%, to 565.
In New York, the Dow Jones pegged back much of the losses incurred on Friday, posting the biggest gain in five years of 286.87 points, or 2.18%, to close 13468.78.
American Express was fined $65m by US regulator for violating a federal law intended to prevent money laundering.
But it didn’t affect its share price; Amex posted the day’s best result, up 2.74 points, or 4.77%, to 60.23
The world's largest insurer, the American International Group, also had a stellar day, climbing 2.92 points, or 4.74%, to 64.56.
Alcoa was the only stock to lose ground, the mining giant finished 0.51 points lower, or 1.41%, to 35.67.
It was a relatively calm day in Tokyo, the Nikkei adding just 7.31 points, or 0.04%, to close on 16,921.77.
Software firm Trend Micro surged on a better forecast news, up 500 points, or 13.89%, to 4,100.
Nisshin Oillio also put in a powerful performance, closing the day 50 points higher, or 8.12%, to 666.
The slide in oil prices stung Inpex Holdings, the energy firm slid 90,000 points, or 7.96%, to 1,040,000.
Mitsui Min & Smelt didn’t fare too much better, dropping 38 points, or 6.75%, to 525.
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Paul Bruns and Elaine Parkes
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