Wall Street is booming, with ripple effects around the globe. Now investors are watching for the latest announcement from the Federal Reserve.
Tokyo and Brussels have agreed a free trade accord, opening up the EU to Japanese cars and Japan to European cheese. Japan's economy meanwhile has recorderd its longest uninterrupted growth since 1994.
Tokyo's Nikkei 225 has posted the longest winning streak in its nearly 70-year history as markets cheered the weekend election victory of Japan's pro-business Prime Minister Shinzo Abe.
Japan's stock market has continued its rally as investors are optimistic about the mid-term prospects for the global economy. The Kobe Steel data scandal no longer seems to worry traders that much.
Tokyo's benchmark index has climbed significantly to close at its highest level in over two years. It rose past a psychologically important mark on a weaker yen and the prospect of a snap election in Japan.
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