Economic Data Were Relatively Good &Nbsp; The European Stock Index Rose 0.77% On Tuesday.

On Tuesday, China and Germany announced the latest manufacturing sector. data The result is even more resilient than economists generally expected. Relatively benign macroeconomic data make investors optimistic about the market trend and expect the fed to take more action to stimulate economic growth. The European stock market led by some stocks, while the European stock index closed up 0.77% on that day.

The pan European Dow Jones index closed up 226.63 points on Tuesday, up 0.77%, continuing its rebound trend on Monday after last Friday's two-year low.

On Tuesday, China's preliminary statistics showed that in August, the purchasing managers index rose from 49.3 points last month to 49.8. Although this index is still below the 50 point growth and recession demarcation line, the upward trend is still the same. relieve The market is worried about the hard landing of China's economy.

European data also greatly alleviated investor sentiment on that day: German Manufacturing Purchasing Managers' index continued to be flat at 52 in August, averaging better than 50.8 economists, while the euro area composite purchasing managers index was flat at the lowest level of 51.1 months in 22 months, which is also better than the 50.3 market consensus.

The German DAX 30 index, which has a higher weight in industry and automobile manufacturing sector, is driven by the relative favorable data of the two groups. Closing up 1.07%, it reported 5532.38 points: Barclays Capital increased the European telecom sector rating to more than the big market on the same day, DTE shares rose 4.81%, BMW motor (BMW) rose 2.6%, and the industrial gas and Engineering Group Linde Company (LIN) increased 2%. Bayer pharmaceuticals (BAYN) trial was approved by the Federal Food and Drug Administration (RFA). Its share price rose 1.8% and its Norway partner ALGETA rose 10.91%.

Stephen Po, executive director of research group spotlight concept, points out that Germany's data show that the international demand for high-end engineering products in the country is still strong, which makes Germany's growth dependent on Stephen Pope. But he also pointed out that the main reason for the increase in European stock markets on Tuesday is the expectation that the market will take more measures to stimulate the growth of the Federal Reserve.

Bernanke, chairman of the Federal Reserve, will give a speech on Friday at the annual meeting of the World Bank of the central bankers held in Jackson, Wyoming, Holzer. The market expects that he will make use of this opportunity to hint that the Federal Reserve has more economic stimulus measures. However, some analysts warn that if Bernanke fails to give such signals as expected, the market may face another setback. "We do not want this to happen: they put down a so-called third round of quantitative easing, and then count on the market to help them finish the rest of the work."

British security professional company G4S (GFS) announced a favorable business report and expressed optimism about the prospect of the British government's contract bid. The share price rose 8.54%: the FTSE 100 index rose 0.67% to 5129.42. On other companies, John, Wood group (WG), an oil services group, raised its profit expectations and raised dividend payments, and its share price rose 4.63%.

The French CAC 40 index rose 1.08% on Tuesday, at 3084.37 points: ALU, a telecommunications equipment maker, continued to rebound after a recent crash and rose 2.18% on Tuesday.

According to other companies, Deutsche Bank lowered the ratings of several aviation companies, Berlin Airlines (AB1) fell 10.2%, and Lufthansa (LHA) fell by 1.9%; the Swiss bank group (UBSN) announced a layoff and cost reduction plan, and its share price rose 2.09%.

Italy, Spain and Greece, which were beset by sovereign debt problems by the eurozone periphery, did poorly on Tuesday. Italy's St Paul Commercial Bank (ISP) fell 0.64%, and TPEIR of Greece dropped 7.58%, dragging Greece's ASE composite index down 3.15% to 911.07.