European equities open higher to start the day

The positive mood continues as the cash equity market opens

Decent gains across the board as we get things going on the day. European stocks mainly benefited from the positive mood from the autos sector yesterday, and the rally in risk that we're seeing today is helping to fuel further gains.

I'm still a little wary of the risk rally that we're seeing so far though. It's a sign that investors will just about look for any dips to buy, but there's still a lot of uncertain elements at play on the trade front (don't forget that EU autos tariffs suspension is not a done deal either) - and that will limit any major turnaround in sentiment.

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