European equity bourses are higher on Wednesday, with FTSE-100 leading
the charge given it is heavily weighted in commodity stocks. Oil stocks
are outperforming, taking cue from fresh record highs in crude oil
prices today, with WTI Nymex crude oil hitting $129.74. Elsewhere,
German stocks are also higher after stonger than expected German Ifo
survey, with E.ON the main gainer, which hit 4-month highs on back of
record power prices. CAC-40 is up 23pts (+0.45%), Xetra-DAX is up 26pts
(+0.37%) and FTSE-100 is up 60pts (+0.97%).