European stocks open higher, FTSE eyes UK services PMI

The stocks on the European bourses kicked-off a brand new week on a firmer note, extending its positive reaction to the US labour market report into a second day today.

Moreover, strong dovish comments from the BOJ Governor Kuroda delivered overnight, citing that there is ample room for further easing, also collaborated to a strong start on the European indices.

Further, the European equities also benefit from renewed buying seen in the oil prices as well as on the back of stronger Chinese services PMI reading-led optimism in the markets.

Meanwhile, Germany's DAX 30 index rises +0.45% to 10,730, while the UK's FTSE 100 index trades modestly flat at 6,900. Among the other indices, the French CAC 40 index edges +0.16% higher at 4,547, while the pan-European Euro Stoxx 50 index gains +0.15% to 3,090.

The immediate focus now remains on the services PMI releases from across the Euro area economies and UK lined up for release this session.