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

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

Monday, 09/12/2024 | 08:05 GMT

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.