Another up day for the European Markets

European stock markets are set to open higher on the first trading day of the week by building up further gains on top of last week’s gain. The stock market in Europe is gathering their momentum on the back of a strong win by the Japanese prime minister by 121 seats in the upper house election. There is more optimism in the market that Mr. Abe may be in a stronger position to deliver this promise of keeping up the quantitative easing program in the country. However, if the prime minister fails to deliver on his verdicts, it could derail the rally for the indices in Tokyo.