European shares hit fresh seven-year highs on Tuesday

European shares hit fresh seven-year highs on Tuesday. Investors were comforted by Janet Yellen's comments. And euro zone creditors approved the list of reforms put forward by Greece to secure an extension of bail-out funds. The FTSEurofirst index rose by 0.5%, with the German Dax up 0.7% to record highs and the UK FTSE was up by 0.5% to record highs. Mining shares rose in London with BHP Billiton up by 6.2% while Rio Tinto rose by 1.4%.


Craig James
Chief Economist
CommSec

I am married with three children (all in their 20s) and currently live in Huntleys Cove in the inner west of Sydney. Chief interest is athletics and trying to keeping up with the children.My current role is Chief Economist, Commonwealth...

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