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The pan-European STOXX 600 index rose 0.4% by 0707 GMT, on course to end the week with a 2.3% gain, helped by a sharp rebound in risk appetite in the past two sessions.
Banks were the top gainers in Europe after forecast-beating quarterly results from four of Wall Street’s biggest lenders on Thursday.
Retailers, oil & gas and travel rose between 0.6% and 1%.
German fashion retailer Hugo Boss climbed 3.8% after it raised its outlook for the current year after third-quarter earnings rebounded on the back of strong demand in Europe and the Americas.
UK-listed shares of Rio Tinto (NYSE:RIO) fell 1.3% after the Australian miner cut its 2021 iron ore shipments forecast, citing a tight labour market, while Swiss banking software firm Temenos tumbled 14% after results.
French cloud computing services company OVHcloud rose 1.8% in its Paris stock market debut.
