Global shares gain as global economic outlook improves
LONDON (Reuters) – World share markets extended a week-long rally on Thursday as manufacturing surveys in China and the United States boosted confidence in global growth and euro zone data at least did not worsen the already weak outlook for that region. The euro hit a three high against the dollar on optimism that a funding deal for debt-crippled Greece will ultimately be agreed – and despite data indicating the region’s economy is on course for its deepest recession since early 2009. . . .
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