The FTSE 100 <.FTSE> index is seen opening down 10-17 points, or as much as 0.3 percent on Monday, according to financial bookmakers, extending the previous session's decline and tracking weakness in Asian equities, with investors seeking direction from Friday's U.S. jobs report.

You can almost sense a tumbleweed moment playing out in European and global equity markets, where we are seeing the calm before the potential storm as the event risk in all parts of the world comes alive, said Chris Weston, Institutional Trader at IG Markets.

The blue chip index closed down 20.12 points, or 0.3 percent on Friday at 5,911.13, dragged down by weakness in heavyweight mining issues.

U.S. blue chips <.DJI> ended flat on Friday, while the broader S&P 500 <.SPX> shed 0.3 percent as investors consolidated recent gains and looked for fresh direction.

Asian shares eased on Monday with investors cautious about riding further on liquidity-driven optimism without seeing more evidence of firmer global growth.

The MSCI Asia Pacific ex-Japan <.MIAPJ0000PUS> dropped 1.1 percent and Japan's Nikkei stock average fell 0.8 percent.

On the commodity front, Brent crude climbed back up near $124 a barrel on Monday, rebounding from a drop of 2 percent the previous session as another refiner announced cuts to Iranian imports, feeding fears of a supply crunch as the West presses ahead with sanctions on Tehran.

Copper prices, however, edged lower, falling back after hitting one-month highs, with mixed data from China creating some uncertainty.

China's services sector ran at its fastest pace in four months in February, although well below its long-term trend despite an uptick in new business growth to an eight-month high, according to HSBC's survey of purchasing managers.

China aims to grow its economy by 7.5 percent in 2012 by following proactive fiscal and prudent monetary policies to combat downward pressure on growth and still high inflation, Premier Wen Jiabao said as the country kicks off its annual parliament meetings.

On the domestic data front, with all eyes on Thursday's monthly Bank of England interest rate decision, investors will only have February's Markit/CIPS British services PMI report, released at 0928 GMT, to digest on Monday, with a reading of 54.8 forecast, down from 51.4 in January.

Across the Atlantic, January U.S. factory orders and revised durable goods orders will be released at 1330 GMT, with the February U.S. ISM non-manufacturing index due at 1500 GMT.

The main focus this week, however, will be February's U.S. jobs report, due on Friday, with an increase of 200,000 forecast in nonfarm payrolls, after a 243,000 rise in January, leaving the unemployment rate unchanged at 8.3 percent.