European equities open higher as the positive mood keeps up

• Eurostoxx +1.0%
• Germany DAX +0.8%
• France CAC 40 +1.3%
• UK FTSE +0.5%
• Spain IBEX +0.4%
• Italy FTSE MIB +0.6%

This comes with US futures also nudging a little higher in the past hour, now seen up 0.2%. The positive mood in Europe comes after the better start to the week yesterday, as investors react to heightened odds of an ECB rate cut next month. That came after a poor set of PMI readings from France and Germany as seen during the session here.

This article was written by Justin Low at www.forexlive.com.