The party continues to rock on in Europe as nobody is quite ready to turn down the music just yet this week.European stocks are pushing higher again at the open today, carrying the more positive mood over from Asian trading. Even yesterday's hotter-than-expected US inflation numbers aren't doing much to spoil the fun, as US futures are also joining in on the festivities.S&P 500 futures are up 0.6% while Nasdaq futures are leading the charge with a 1.5% gain. That's quite the turnaround after yesterday's inflation scare sent US stocks tumbling and Treasury yields surging. Having said that, just keep in mind though that the US bond market is closed today in observance of Veterans Day. As such, that could complicate the scenes we're seeing as equities look to be coming out of hiding amid the absence of fixed income traders.In any case, here's how European equities are looking at the open:Eurostoxx +0.9%Germany DAX +0.9%France CAC 40 +0.6%UK FTSE +0.7%Spain IBEX +0.3%Italy FTSE MIB +0.7%Regional stocks are continuing to perform well with the DAX moving closer to all-time highs once again. Germany's benchmark index is now within striking distance of its record high around 26,692, with the broader STOXX 600 also hovering near record territory.So, what's keeping the party alive?To start, the sharp retreat in oil prices has been a major relief for European equities. Hopes of de-escalation in the US-Iran conflict are helping to ease concerns over energy-driven inflation and that's helping to provide businesses with some added breathing room in terms of managing their costs and overlays.Besides that, European corporate earnings have also been holding up better than feared, with banks enjoying a particularly strong start to the week. Deal-making optimism and encouraging results from the likes of UniCredit have helped lift the sector in general, so this isn't just Europe riding on Wall Street's coattails.What looks to be telling this week is how willing investors have become to look past all of the risks from recent weeks again. But still, it is worth asking whether are we actually seeing genuine confidence returning to stocks, or are investors simply getting comfortable ignoring the risks again?With the US bond market closed today, we won't get a proper follow-up to that until tomorrow at least. So for now, the bulls are keeping the music playing. But with European stocks starting to approach record territory once more, the question is whether there's enough fuel left to keep this party going. This article was written by Justin Low at investinglive.com.