Wednesday, January 2, 2013

European shares lap up US fiscal deal




Published 02 January 2013 17:33
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. But traders there are warning that the good news created by the deal may not last long. Al Jazeera's Nadim Baba reports.

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