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Tuesday, June 4, 2013

Nikkei, European shares rise.

The Nikkei continued with its volatile ways today, jumping 2.05% after its sharp fall yesterday and as the yen weakened against the dollar. The moves follow soft U.S. manufacturing data yesterday, which eased fears about the Fed's QE program and also helped to boost European stocks. Time was when bad economic data sent shares lower and vice versa. Chinese shares dropped noticeably, partly due to investors taking profits on small-caps.

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