Eurostoxx futures +1.7% in early European trading

Positive tones in early trades

• German DAX futures +1.7%
• UK FTSE futures +1.3%
• Spanish IBEX futures +1.4%

European equities had a rough time last week, with a red day on Friday as well so this in part is some catch-up to the more solid close by US stocks at the end of last week. US futures are up by ~0.6% so that is also helping to keep the optimism flowing for now.