European equity bourses are in positive territory early Thursday session, but off their best levels. Mining/oil stocks are higher on back of recent recovery in underlying commodity markets.
Xetra-DAX is outperforming after German jobless data came in weaker than expected. Volkswagen and Deutsche Bank are key gainsers, with the latter reporting a suprise Q3 profit after the new accounting rule change which allows it to book fewer asset writedowns, say traders. CAC-40 is up 14pts (+0.41%), Xetra-DAX is up 117pts (+2.38%) and FTSE-100 is up
4pts (+0.08%).