US stocks surged to new multi-month highs with buyers diving into technology and financial stocks on bets that the recovery is on track.

The FTSE 100 index is set to rise, tracking Wall Street's overnight surge economic data bolstered confidence that an economic recovery will quickly feed into company profits. So-called witching or expiry of futures and options on shares takes place on Friday, with double-witching in London scheduled to take place mid-morning. The expiry often produces large trades in index futures, options and the underlying stocks, triggering volatile market moves.Brambles: The world's largest pallet supplier said it had not received a bid approach, damping down persistent speculation that it might be the target of a bidEMI The music company is looking to muscle into merger discussions with Warner Music and has been lobbying AOL Time Warner to return to the negotiating tableMyTravel: First Choice: Travel firms could rise after TUI, Europe's largest tourism firm, said late on Thursday it expected tourism sales and profits to grow next year. House of Fraser department store chain is expected to release a full version of its interim results, after unveiling a narrower first-half loss and saying like-for-like sales were up at the start of the second-half after a flat first half. The retailer had to bring forward its results, originally scheduled for next Wednesday, after a news wire published draft results.

Granada said the broadcaster would have to "look very carefully" at selling the advertising sales houses of both it and Carlton, if regulators required the move to approve the proposed merger between the companies.

De La Rue commercial printer of banknotes, said its first-half results would beat expectations because it was ahead of schedule with a contract to supply banknotes to Iraq.

United Kingdom  (F)inals (I)nterim	United States  (GMT)	Europe & World (GMT)
Fri 19th Sep International Energy (I), Johnson Service Group (I), Kiln (I), Minerva (F),S&U (I), Selfridges (I)Index Future & Option Expiry (Double Witching) 10.10 10.30 SETS Price Monitoring InactiveFTSE Index Quarterly Reshuffle & Weighting Changes - Effective after the close of business.	Watch Out! Double / Triple Witching Day  Click here for information	07.00 Aug German Producer Prices m/m 11.00 2nd Quarter Production in Construction 11.00 2nd Quarter Labour Costs y/y
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