European markets are trading slightly higher on low volume ahead of US non-farm payroll data due out later today. While all sectors are higher in the Euro Stoxx 50  technology has led on talk of consolidation as Autonomy has gained another 3.5% this morning. We are seeing interest in the resource names after Goldcorp’s bid for Andean and selling in the telecommunications sector.

FTSE       +.66%

CAC        +.63%

DAX       +.42%