Following the report of France and Germany aiding financially ridden Greece have brought a sharp turn in the UK’s market as stocks and Euro were seen rising on Wednesday. Despite Moody's ratings review of Italy, the euro finished up by 0.7 % at $1.4306 which was a week ago at 0.2% decline.

On Wall Street, the Dow Jones industrial average was up 42.84 points, or 0.36%, at 12,004.36. The Standard & Poor's 500 Index was also up by 3.86 points, at 1,271.50. Although all over markets were seen up, the Nasdaq Composite Index was down 7.22 points, at 2,616.48.

Since the Greece financial crisis, S&P 500 and Dow were trading at their lowest. It has been told that a week ago S&P 500 was almost 7 %below and on 2nd May 2011 it reached three-year high.

Meanwhile it has come to light that Greece’s Prime Minister George Papandreou has appointed a new finance minister, Evangelos Venizelos, in an effort to push through harsh economic reforms. Venizelos said that he will seek approval from his Euro zone counterparts on Sunday to agree to the government’s decision.

Although the position of the market all over the world seems to improving there are chances that it may fall back at any point of time. Therefore, market experts are advising investors to be careful while trading.