Europe Stock Futures, Euro Climb on Greece Optimism; Oil Rallies

European equity futures and Asian stocks rallied and the euro strengthened for the first time in five days after opinion polls of Greek voters eased concern that the country will exit the euro zone. Oil and copper rose.

Euro Stoxx 50 Index futures gained 1 percent at 7:01 a.m. in London, while those for the Standard & Poor's 500 Index futures added 0.9 percent. The MSCI Asia Pacific Index advanced 0.6 percent, rebounding from a five-month low. The euro climbed 0.7 percent to $1.2602 while the Dollar Index, which tracks the currency against six U.S. trading partners, fell 0.6 percent, and was poised for the biggest drop in six weeks.

"There will be no exit by Greece," said Binay Chandgothia, a Hong Kong-based portfolio manager at Principal Global Investors, which manages $250 billion globally. "If they take structurally positive steps, things will be all right in the long run," he said in a Bloomberg Television interview.

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