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Markets: Nikkei up 7.7%; Europe shares rally

Squawk Box Live gave you analysis and updates on global equity markets, which have been boosted by a "risk-on" sentiment Wednesday.

Japan's Nikkei posted its biggest one-day rise since 2008, catching up on gains made by other developed markets made earlier in the week. European stocks rallied at the open and Wall Street is expecting a higher open Wednesday after weeks of volatility and bouts of hefty selling.

Here's how the morning unfolded.

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