World's stock markets react well to Spain's bailout deal
Stock markets in Europe and Asia are reacting well today to Spain's bailout deal.
In London, stocks are up 1.6 per cent. In Madrid, they are up 4.4 per cent.
Markets in Japan and Hong Kong each gained two per cent.
And the euro is up more than one per cent against the US dollar.
On Saturday, Eurozone ministers agreed to lend Spain up to 100-billion euros, or $125-billion.