European equities open firmer to start the day

Risk on the firmer side as we get the session underway

  • Eurostoxx +0.5%
  • Germany DAX +0.8%
  • France CAC 40 +0.4%
  • UK FTSE +0.2%
  • Spain IBEX +0.6%

This follows the mood in US futures, which are seen up by ~0.7% amid stimulus hopes. European assets though have virus concerns to worry about, as the escalating situation is likely to weigh on the Q4 outlook; but that also means likely more ECB stimulus.

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