World shares reached a 15-month high and the euro climbed as the focus shifted from the expected US interest rate hike to the similar move expected by the European Central Bank (ECB).
The MSCI's 47-country ACWI stocks index was at its highest level since April 2022, having surged 30% since November 2021.
Investors are waiting for the ECB's decision, which is expected to hike by a quarter point as it approaches the end of its tightening campaign.
The pre-ECB moves saw gains across Europe with the STOXX 600 up 1%, Amsterdam hit its highest since the start of 2022, and the euro rose 0.4%.
The US Federal Reserve delivered a quarter-point rate hike as widely expected.
