Most indices in Asia and Europe rose on hope that the financial crisis in the eurozone has improved. Recent auctions of Italian and Spanish bonds have been completely below expected interest rates.
In Asia, the Nikkei 100 was up by 1.4% to just over 8,500. The Hang Seng was higher by .6% to 19,204.
Just after the open in Europe, the FTSEÂ 100 was up by .4% to 5,685.8. Bank shares have done particularly well today. The DAX is up .54% to 6,212.
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