European stocks join global risk-on rally led by Clinton

The stocks on the European bourses snapped last week’s run of losses and bounced sharply this Monday, as sentiment towards risky assets improved dramatically after the FBI cleared Clinton’s email case.

Markets now price-in a Clinton win at the US presidential elections to be held tomorrow, as she is sought to be a more stable candidate over Trump for the presidential race.

The UK’s FTSE lead the European markets rebound as the traders take advantage of the massive sell-off in the GBP and rallying oil prices, which underpins resource and energy sector stocks on the indices.

Meanwhile, Germany's DAX 30 index jumps +1.56% to 10,420 levels, while the UK's FTSE 100 index rallies +1.94% to 6,765. Among the other indices, the French CAC 40 index rises 1.67% to 4,445, while the pan-European Euro Stoxx 50 index gains +1.56% to 3k mark.