Futures tied to the Dow Jones Industrial Average was up 0.5%, while the pan-continental Stoxx Europe 600 index gained over 1%.

European markets were also lifted by slightly better-than-expected economic data today, as a eurozone index reading from IHS Markit, which looks at manufacturing and services activity, came in at 50.6 for the month of November, which, although very low, is still growth.

Trump was on all fronts again yesterday. He took note of the report published by the House of Representatives, which advocates the launch of an Impeachment procedure for abuse of power with the solicitation of a foreign power, Ukraine, to influence the 2020 presidential election. In addition, severe charges are brought against Donald Trump regarding national security and obstructions to the investigation. He still accuses the Democrats of witch-hunting. At this stage, the outcome of the procedure is more than uncertain because a large part of the American population does not take a positive view of this removal project, so that the Senate - Republican - has little reason to abandon the tenant of the White House.

NATO members met yesterday in London, where Trump and Macron, the president of France, had tense talks. American President, formerly NATO's chief critic, castigated Emmanuel Macron for his “brain-dead” comments on the military alliance, which he described as "insulting".

Meanwhile, negative rates continue to weigh on European banks. Restructuring plans are endless in the major banking groups. UniCredit, Italy's largest bank, has announced a plan to cut 8,000 jobs across Europe. Jean-Pierre Mustier, its CEO, announced the measures as part of the overhaul of the Italian bank. This brings the total number of job losses announced by banks worldwide to 73,400, including 86% in Europe.

Today, the PMI service indices (final data) are in the spotlight in the United States. Other key indicators expected in the United States are the ADP Employment Index, the Services ISM and weekly oil stocks. Earlier today, Australia announced that its GDP growth in the third quarter reached 0.4% (consensus 0.5%).