European equities set to open higher on the Chinese gains

  • DAX futures +1.6%
  • CAC40 +1.4%
  • FTSE +1.1%

Bund futures down 22 at 160.16

Shanghai Composite Index closes up 3.2% at 3007.74. CS1300 Index +3.0% at 3223.13

Euro under pressure still as equities rally.