European markets opened higher on Tuesday, following the bullish tone on both Asian markets and US futures overnight. Market sentiment turned positive this week, helped by resurging stimulus hopes and expanding vaccination plans which offset volatility fears triggered by the dramatic retail speculation on some stocks.
All European benchmarks are trading higher this morning, driven by tech shares and reassuring macro data from France and Italy while most investors wait for results from Amazon, Alphabet, Alibaba and Pfizer later today. While the current lower market volatility will reassure mid to long-term investors, it will remain the main focus over the next few trading sessions, with tomorrow’s EU CPI report and Friday’s US NFP release crucial points to assess the mood of markets.
