City sources predict the FTSE 100 will open up eight points from Friday's close of 6,426, boosted by the news that Italy has sworn in a new government, to be led by Enrico Letta, a Catholic Democrat. US equities ended Friday broadly lower after the Commerce Department unveiled first quarter economic growth figures which undershot expectations.On today's agenda, PMI data is due out from Germany and the Eurozone as a whole, with the latter is also expected to report on its business climate and economic climate indicators. The US is due to announce pending home sales figures. In today's UK company news, FTSE 100 mining giant BHP Billiton has signed a definitive agreement to sell its Pinto Valley operations and the associated San Manuel Arizona Railroad Company (SMARRCO) to Capstone Mining Corp. Under the $650m deal, Capstone will assume the business's environmental liabilities, and BHP Billiton employees working at Pinto Valley and SMARRCO will become employees of Capstone.UK lender Lloyds is to dispose of its loss-making Spanish retail and private banking operations in an effort to continue its strategy of 'rationalising' its overseas presence and ensuring best value fore shareholders, the group said on Monday. Lloyds Bank International and Lloyds Investment Espana SGIIC, which had total assets of £1.5bn at March 31st, are to be sold to Spanish peer Banco Sabadell for a mix of shares and cash.Aberdeen Asset Management said assets under management increased in the last six months, following healthy new business flows as risk appetite continues to improve, but remains cautious about the market outlook. AuM increased 13% to £212.3bn for six months to March 31st 2013 from the same time a year earlier after a positive market and currency performance and net new business flows.