CNBC Daily Open: The sun rises on Japan

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CNBC Daily Open: The sun rises on Japan
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Japan's Nikkei 225 and Topix have been continuing to climb after breaching 33-year highs in late May, thanks to three factors pushing them up.

, though the pan-European Stoxx 600 edged up 0.07%. Shares of OMV jumped 7.4% amid speculation that Abu Dhabi's interested in the Austrian oil and gas company.

where inflation is still rising, according to data from the Organization for Economic Cooperation and Development. In May, inflation in the G7 fell to 4.6% year on year — but consumer prices in the U.K. rose 0.1 percentage points to 7.9%, compared with April. Some analysts think the country isChinese President Xi Jinping said Beijing

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