Reuters
Global shares rose on Tuesday, driven by a recovery on Wall Street, where investor focus is pinned on earnings reports from the U.S. megacaps, while the yen hit a new 34-year low against the dollar, prompting a warning from Japanese officials. The MSCI All-World index, which on Friday hit a two-month low, was up 0.2%, lifted by gains in Europe, where the FTSE 100 hit a record high, while the STOXX 600 traded at one-week highs thanks to the technology sector. Adding to the optimism was a series of surveys of business activity that showed Germany returned to growth in early April after months of contraction, while activity in the broader euro zone expanded at its fastest clip in nearly a year.