European stocks open higher as easing oil prices boost global sentiment

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European futures data pointed to a positive open for regional equities on Friday, as easing oil prices lifted sentiment in global equity markets.

Futures tied to the pan-European Stoxx 50 jumped 0.7% ahead of the week’s last trading session, while those tied to the German DAX and London’s FTSE 100 were up 0.6% and 0.5%, respectively. French CAC 40 futures added 0.3%.

Capital markets are capping off a volatile week that saw a sell-off grip assets across the board following the outbreak of the U.S.-Iran war.

Stocks listed in Europe ended Thursday’s session broadly lower, as uncertainty around the conflict in the Middle East lingered and overwrote some tentative optimism that saw regional equities claw back some lost ground on Wednesday.