FTSE 100 Live: European Stocks Set to Rise After Asia Rally

European stock markets opened higher on expectations that Asia's overnight rally would carry through to the continent. The FTSE 100 index in London and major European indices were positioned for gains at the open. Asian markets had posted gains overnight, with the Nikkei 225 in Japan and Shanghai Composite in China both closing higher. Investors pointed to improved sentiment around corporate earnings and reduced concerns about interest rate increases as reasons for the regional strength.

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