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LIVE MARKETS-Europe up, positive vibes from China

reuters.com · 09/01/2021 02:22
LIVE MARKETS-Europe up, positive vibes from China

European stock futures up 0.8%

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European stock futures are in positive territory after yesterday's fall, although most analysts see room for taking some profit off the table.

Positive vibes come from China's stocks, which closed higher as weak economic data raised hopes of more stimulus from the government, which might introduce counter-cyclical measures.

Markets are also focusing on next week's ECB policy meeting. But while some hawkish comments sent jitters through trading floors yesterday, analysts see these remarks as unlikely to represent the view of the majority of the ECB's Governing Council.

(Stefano Rebaudo)