GLOBAL MARKETS-World shares, euro gain after recent losses

                                
 * Markets stick to recent pattern
                                
 * Bernanke soothes concerns
                                
 
                                
 By Jeremy Gaunt, European Investment Correspondent
                                
 LONDON, June 8 (Reuters) - Financial markets stuck to their
recent script on Tuesday, following a day of volatility with
modest equities gains and a small lift for the euro.
                                
 Comments by Federal Reserve Chairman Ben Bernanke that the
U.S. economy should avoid a double dip recession and that he
believed European leaders were committed to the euro's survival
also lifted sentiment.
                                
 MSCI's all-country world stock index <.MIWD00000PUS> was up
0.2 percent and its emerging market counterpart <.MSCIEF) added
0.5 percent.
                                
 This followed Monday's sharp falls brought on by worries
that the U.S. economic recovery may be stalling and that
European government debt troubles are spreading.
                                
 "Bernanke ruled out a double dip recession, which is a major
issue," said Heino Ruland, strategist at Ruland Research in
Frankfurt. "Markets had overdone the euro zone debt crisis, and
Bernanke's remarks have helped to calm markets."
                                
 The FTSEurofirst 300 <.FTEU3> index of top European shares
was up 0.3 percent.
                                
 Japan's Nikkei average <.N225> closed up 0.2 percent in
choppy trade.
                                
 Investors are currently balancing negative sentiment
engendered by the likes of the Greek debt crisis and positive
sentiment from relatively good economic outlooks.
                                
 "There are concerns that the global economy might lose its
footing going forward, but recent data, including upbeat
corporate earnings, runs counter to that," said Mitsuo Shimizu,
deputy general manager at Cosmo Securities in Japan.
                                
 
                                
 STEADIER EURO
                                
 The euro paused from its recent sell-off as the slight gains
in global stock markets prompted investors to cover short
positions created in the single currency.
                                
 It was up 0.4 percent at $1.1963 <EUR=>, still around
four-year lows.
                                
 "Some people are trying to bottom fish at these levels,"
said John Hydeskov, senior currency analyst at Danske in
Copenhagen, adding that some European banks and corporates had
been picking up the single currency.
                                
 He added that short covering may push the euro up above
$1.2010 again in the near term.
                                
 The dollar was generally lower, falling 0.2 percent against
a basket of major currencies <.DXY>.
                                
 On fixed income markets, euro zone government bond yields
were little changed.
                                
(Additional reporting by Brian Gorman and Naomi Tajitsu;
editing by John Stonestreet)