European equities on more positive footing to start the day

  • Stocks are in a more buoyant mood as the session gets underway
  • Eurostoxx +0.6%
  • Germany DAX +0.9%
  • France CAC 40 +0.4%
  • UK FTSE +0.6%
  • Spain IBEX +0.6%
  • Italy FTSE MIB +0.3%

It's a positive start no doubt, with US futures also rising to the highs for the day. S&P 500 futures are up 0.4% with Nasdaq futures up 0.6% and Dow futures up 0.2% currently. Tech shares are still leading the charge in that lieu, after Netflix posted a revenue beat and surging subscriber count in Q4 earnings. As for the broader risk story, China's RRR cut announcement here is helping with that a fair bit.

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