European equities open up with a more positive mood to start the day

  • The broader risk mood is lifted after China vows stronger monetary policy easing and bigger fiscal spending
  • Eurostoxx +0.5%
  • Germany DAX +0.5%
  • France CAC 40 +0.7%
  • UK FTSE +0.4%
  • Spain IBEX +0.3%
  • Italy FTSE MIB +0.6%

It's all looking positive for stocks now as the mood music has turned up after China's announcement earlier. S&P 500 futures are also seen up 0.1% as risk trades are rallying to start the session. In FX, the biggest beneficiary is the aussie with AUD/USD lifted up from 0.6385 earlier to 0.6425 on the day now.

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