European shares lap up US fiscal deal
Markets across continent enjoy broad-based rally after fiscal deal passed by US Congress.
Published On 2 Jan 2013
European markets have breathed a collective sigh of relief following the fiscal deal passed by the US Congress.
Shares saw a broad-based rally on Wednesday, kicking off the New Year with strong gains.
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But traders there are warning that the good news created by the deal may not last long.
Al Jazeera’s Nadim Baba reports.
Source: Al Jazeera