World Stocks climb on US, Euro optimism

World stocks rallied 2 per cent, US oil jumped nearly 5 per cent and the euro  surged on Friday on news US employers increased hiring in July by the most in  five months and on revived optimism that Europe was closer to action on its debt  crisis.
Read more: http://www.smh.com.au/business/markets/world-stocks-climb-on-us-euro-optimism-20120804-23lrt.html#ixzz22Wi0bJyu

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