German and French support to Greece has proved lucrative for Japan as its Nikkei index witnessed an upward jump. It has been informed that the Nikkei index was 1.8% up at 8,668.86. It is said to be its biggest jump since last week.

It is believed that positive waves coming from the debt ridden country, Greece has caused this sudden jump. There are rumors of China coming forward to support debt ridden countries like Greece.

It has been informed that China has showed interest in buying the bonds from the debt ridden countries. Following the news, the Euro stood 105.29 stronger against yen. The advancement in Euro highlights that soon there will be a growing demand for buying it. Since the global financial crunch, Euro demand was severely affected. However, now there are some hopes of it gaining momentum.

Although a jump has been witnessed by the Europe Index, it has been on gradual decline since last 12 months. However, the news of Greece support will definitely help in boosting the confidence of the investors who for long have been waiting to re-invest. It is believed that initially there will be a few investors but later on if the European economy continued with its progress then many investors will be seen investing in Euro.