Amid all that optimism, the FTSE-100 was expected to rise 40 to 5942 by CMC Markets traders, with the Cac-40 in France up 30 at 4855 and the Dax in Germany up 77 at 12,766.
Global markets had sold off on Friday after the President's diagnosis with investors fearing a Joe Biden victory in the US elections would spell higher taxes and lower growth.
The FTSE managed to pull back its losses by the end of Friday's session but other indices were down sharply on what was deemed a "risk-off" session.
Also boosting shares today was speculation Washington may at last be making progress on the much-delayed fiscal stimulus programme to support those most economically affected by the ramifications of the Covid-19 pandemic.
Democrats have passed a $2.2 trillion package in the House of Representatives but Republicans are opposed to its size.
Trump tweeted on Sunday night that negotiators should work together and get the deal done - perhaps in response to experiencing the effects of the virus for himself.
Shares in Cineworld were set to slump after it bowed to the inevitable and declared it would be shutting all of its cinemas following the weekend postponement of the new James Bond movie launch.
Already stricken by its outsized debts following years of ambitious takeovers, the group had been heading for a major restructuring anyway, but the latest delay to No Time To Die pushes it ever closer to the brink. The company yesterday said the closures would be temporary.
European investors will be watching service sector economic data later this morning as Purchasing Managers Index reports come out from the UK, Spain, Italy, France and Germany. PMIs last week on manufacturing were strong and UK numbers are expected to register 55 where any number above 50 indicates growth.
