LONDON — World share markets extended their rally on Wednesday as investors focused on the good news in a mixed bag of global economic data. The safe-haven yen fell to a 10-week low.
Europe's main stocks markets .FTSE .FCHI .GDAXI climbed to near a one-month high, heading towards a seventh straight day of gains for the first time in six months. Greek and Portuguese bonds reached post-euro-crisis highs.
The euro got a modest lift and was around $1.3810 at 0800 GMT.
"We are short the euro, long the periphery, but it's incredibly frustrating being short the euro at the moment." said Aberdeen Asset Management fixed income and FX strategist Luke Bartholomew.
Investors have been speculating the European Central Bank will soon loosen policy, though official messages are mixed.
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Research Associate at Center for Islam and Global Affairs (CIGA) at Istanbul Sabahattin Zaim University
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