LIVE MARKETS-Morning call: The bull in the room

Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London.

MORNING CALL: THE BULL IN THE ROOM (0640 GMT)

Many indexes on both sides of the pond are now technically back in bull territory, up 20% from their lows.

But obviously, with so many countries waiting for the epidemic to peak and the surge of unemployment in the U.S., calling the return of the bulls seems very premature at best.

Anyhow, it's been a while since European futures looked so cool in early morning, with a modest 0.5% rise.

Yesterday's rally on Wall Street seems to still be spreading some feel-good effect across trading floors globally with Asia ending the day in the black.

U.S. futures are trading a tad lower, down 0.6% for the S&P.

(Julien Ponthus)

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(Reporting by Danilo Masoni, Joice Alves, Julien Ponthus and Thyagaraju Adinarayan)