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Global stocks hit post-crisis high

Wednesday 08:00 BST. Global stocks are at their best levels since the outbreak of the financial crisis, bolstered by record highs on Wall Street as the US economy improves but monetary policy remains accommodative.

Perceived havens such as the yen and Treasuries are softer as investors embrace riskier bets.

The FTSE Eurofirst 300 is up 0.2 per cent after its Asia-Pacific peer added 0.4 per cent. Together, they are helping the FTSE All-World equity index rise 0.2 per cent to 272.6, a seventh consecutive day of gains that takes the worldwide benchmark to its highest since December 2007. Another 2.6 per cent rise and the All-World will be in record territory.

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