uropean equities FTSE,CAC and DAX to end up higher

[gnutrade.satya]

Positive US consumer sentiment data helped boost confidence over the prospects for economic recovery and this helped the European equities like the FTSE , CAC and DAX to end up higher.The banking sector in Europe was on the back foot.Mining shares were higher, as copper prices rose near record highs on supply worries. Carmakers rose when shares were knocked by a report China may end tax breaks for passenger cars.Manoj Ladwa, senior trader at ETX Capital, said: "People are keeping an eye on economic numbers but until they all start moving in the same direction across the board, traders are still going to be a bit jittery."