European stocks rose on Monday, with financial stocks, miners and house builders pulling up the London benchmark, after a strong day in Asia.
The FTSE 100 was recently up 0.32% at 6,611.69. In Frankfurt the Dax gained 0.64% to 9,690.94 and in Paris the Cac 40 was up 0.43% at 4,208.51.
S&P 500 mini futures were recently up 0.19%.
In Frankfurt ThyssenKrupp (TYEKF) rose more than 5% after it said it was in talks with India's Tata Steel about the company's European operations. Any deal could at least partially address overcapacity in the industry.
Miners Fresnillo (FNLPF) , Glencore, Anglo American, Rio Tinto (RIO) led the London benchmark higher, while Royal Bank of Scotland (RBS) , Barclays (BCS) and fund manager St James's Place were also among the lead gainers. A strong U.S. jobs report on Friday assuaged fears about global "lower-for-longer" rates. However, in the U.K. the Bank of England is widely expected to cut rates on Thursday from historic lows of 0.5% - where they have been since March 2009 - and potentially pump more into the money supply through a program of asset buying.
Restructuring engineering group Rolls-Royce (RYCEY) fell sharply on the opening but had recently pared losses to trade down about 1.6% after it announced it would buy the outstanding 53.1% of aircraft engine and components firm Industria de Turbo Propulsores from Sener for €720 million ($795 million).
In Zurich building materials maker LafargeHolcim (HCMLY) rose 2.5% after it agreed to sell its Lafarge India business to Nirma for an enterprise value of around $1.4 billion, double the value of a previous deal to sell a more limited range of assets.
Monte dei Paschi di Siena shares were briefly suspended after it surged on opening as the Italian government talks with the European Central Bank and Brussels antitrust regulators about a potential bailout program for ailing banks. The stock was recently up more than 5%.
Larger peer UniCredit (UNCFF) was down close to 3%.
Asian stocks rose on Monday, boosted by the U.S. jobs data and a victory for the coalition led by Prime Minister Shinzo Abe in Sunday elections for the upper house of the Japanese parliament.
The Nikkei 225 soared 3.98% to 15,708.82, while the Topix rose 3.79% 1,255.79.
On mainland China the CSI 300 closed up 0.35% at 3,203.33. Inflation data released on Sunday showed consumer prices fell a below-forecast 0.1% month-on-month in June after a 0.5% decline in May.
The dollar fell against the yen but rose against the pound.
A dollar recently bought ¥102.14, a rise of 1.59%, while the pound was down 0.69% against the dollar at $1.2864
Brent crude was recently down 1.26% a barrel at $46.17.
Spot gold was down 0.55% a barrel at $1,358.76 an ounce. Silver was up 1.12% at $20.33 an ounce.