Tuesday, 7 May 2013

Global shares rally on German data, weak yen

Japanese shares


Global shares rallied Tuesday on strong German factory data and as Japanese stocks jumped past a level last seen five years ago.

Japan's Nikkei-225 index rose above 14,000 for the first time since mid-2008 as government efforts to weaken the yen boosted exporters.

Germany's Dax hit a fresh record high; the FTSE 100 was up 0.6% and France's Cac 40 rose 0.7%.

Wall Street opened up 0.2% after last week's strong non-farm payrolls data.

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