Metal Prices Drove &Nbsp Of Mining Shares, And The European Stock Index Rose 0.5% On Wednesday.

Wednesday morning, Beijing time, on Wednesday.

Pan European Dow Jones index closed at 262.51 points on Wednesday, or 0.5%.

The index rose 1.3% on Tuesday, when the European Central Bank and the Bank of England regularly announced new measures to stimulate the recovery after Thursday's regular meeting.

US stocks fluctuated on Wednesday, with major indexes fluctuating repeatedly.

On the same day, the ADP employment report showed that the number of private sector employment decreased by 39 thousand last month, far less than the 20 thousand expected increase in the market.

The Dow Jones Industrial Average closed its 5 month high on Tuesday, but fell below 11000 on Wednesday.

On Wednesday, rating agency Fitch announced that Ireland's sovereign credit rating would be downgraded to A+. The outlook for the rating is negative, suggesting that there may be another downside in the future.

However, the European stock market is not very keen. Ireland's ISEQ index even rose 1.2% to 2743.79.

The International Monetary Fund said on Wednesday that economic growth in the United States and Europe in the second half of 2010 to the first half of 2012 will slow down, and warned that the global economy still has downside risks.

However, considering the strong growth momentum of Germany, the IMF increased the economic growth rate of the euro area slightly, determined that the growth rate from 2010 to 2011 was 1.7%.

Earlier Wednesday, the German Ministry of economic data said that the number of factory orders increased by 3.4% in August and 1.6% in July.

The German DAX 30 index rose 0.9%, at 6270.73 points.

Deutsche Post Bank (DPW) and Deutsche Bank (DBK) rose 2.8% and 1.5% respectively.

The latter announced on Wednesday the successful issuance of new shares totaling 10 billion 200 million euros ($14 billion 100 million).

In an interview, the head of brand development of VW said it would expand the production scale of medium-sized cars in China, and the company's preferred shares rose by 1.2%.

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IG Market Research Analyst Chris Weston pointed out that Wednesday's stock index change is still fragile.

In particular, he stressed that Japan's economic growth prospects have become more uncertain after the announcement of the lowering of key interest rates by the BoJ, especially in the case of non farm employment data coming out of the US in September.

Weston wrote in his client report, "past facts show that central banks generally like to take amazing measures, so the market increasingly feels that the ECB and the Bank of England's interest rate decisions may have unexpected results on Thursday.

In our view, the conclusion is almost certain: it is difficult to maintain any upward trend in the long run.

The European Central Bank and the Bank of England will announce their respective monetary decisions after the regular meeting on Thursday.

The French CAC 40 index rose 0.9% on Wednesday, closing at 3764.91.

GLE rose 2% and LG, the infrastructure material supplier, rose 3.2%.

The financial times 100 index was driven by the mining sector by 0.8%, at 5681.39.

ANTO and AAL rose by 3.5% and 4.2% respectively.

British Airways (BAY) announced its long-awaited joint venture with American Airlines and Iberia airlines. Its share price rose 4.5%. Budget airline company announced its optimistic earnings forecast and its share price rose by 12%. (EZJ)