European markets rebound as UK investors await services data – business live
Growth in UK and US in focus after new year fears rattle markets
It has all the signs of a bounce on the FTSE 100 risers, with oil-exposed companies among the early performers.
Oil services firm John Wood Group is up by 3.3%, while packaging firm Mondi gained 2.4% in early trading.
FTSE 100 opens up by 1%.
France’s Cac 40 up 0.8% and Italy’s FTSE MIB rises by 0.86%. Europe-wide Stoxx 600 index gains 0.8%.