The positive tones reverberate to Europe in early trades
- German DAX futures +0.7%
- UK FTSE futures +0.4%
- Spanish IBEX futures +0.7%
It is all about the reflation/stimulus narrative in the equities and bonds space right now and the optimism is carrying over to Europe after a solid session in Asia.
S&P 500 futures are also up 0.4% following the record close yesterday, reflecting that investors are still riding high towards the weekend. And that focus is likely to override anything that the US non-farm payrolls report will dish out later today.