European markets start week on a positive note

European stocks rallied to a one-week high on signs that the Trump administration may fast-track vaccines and treatments for coronavirus.

London’s FTSE is seen opening 31 points higher at 6,025, Germany’s DAX is seen 67 points higher at 12,820, France’s CAC 40 is expected to open 26 points higher at 4,914 and Italy’s FTSE MIB up 87 points at 19,753, according to IG.

Europe’s pan-regional STOXX 600 rose 1.8% – its biggest daily gain in nearly three weeks – and the global equity benchmark added 0.6% after U.S. regulators authorised the use of blood plasma from recovered patients as a treatment option.