Global stocks rose on Wednesday staged a modest recovery, boosted powerful data release, depicts the U.S. economy is on the rise.
New home sales, the greater the increase in factory orders and consumer confidence, help reduce countries fear the U.S. economy, the world's largest. The data came from China's central bank in the world's second largest economy eased concerns about the credit crunch on the heels of opinions. Analysts said that in the development of both countries boosted appetite for equities.
"Solid data with ease China's central bank liquidity conditions of the banking industry views Mitu (Mitul Kotecha) Calyon in Hong Kong, said:" In a comment.
China's central bank on Monday after causing a global market rout, move it to the curb so-called shadow banking - without the loan company from a traditional bank credit starvation. Investors worry that this will lead to the company's borrowing rate, damage to corporate. Tuesday, the central bank said in a statement, will take action in order to maintain the normal operation of the credit markets, if needed.
Britain's FTSE 100 rose 0.8 percent to 6,147.89 points. Germany's DAX index rose 1.2% to 7,902.70 points. French CAC-40 index rose 1.2 percent, to 3,694.77.
Gains on Wall Street. The Dow Jones industrial average futures rose 0.3 percent to 14,729 points. S & P 500 Index futures rose 0.3 percent to 1,586.20 points.
Chinese mainland stocks were mixed after falling sharply to endure earlier this week. China allows interbank interest rates rose, Thursday overnight Beijing in an attempt to combat large-scale flow of credit to the informal loan industry. Small and medium-sized enterprises, have largely been denied access to the country's main banks often turn to informal sources of credit lenders books cash required. However, this has caused a potentially destabilizing credit bubble concerns.
At GE Oriental Financial Group in Hong Kong, the chief economist, said Francis Lun, tight cash reflects Chinese Premier Li Keqiang took office in March of thinking.
Fallon said: "He is a market economist, I think he does not want the government prop everything." "He is determined, bleeding air from the housing bubble and credit bubble and so he put the squeeze on the banks."
Shanghai Composite Index fell 0.4% to 1,951.50 points. But the smaller Shenzhen Composite Index rose 2.5% to 901.72. In Hong Kong, the Hang Seng index rose 2.4 percent, to 20,338.55.
Japan's Nikkei 225 index fell 1 percent, to close at 12,834.01 points. South Korea's Kospi reversed early losses, up 0.2 percent, to 1,783.45. Australia's S & P / ASX 200 Index rose 1.6 percent to 4,731.70 points.
Analysts said they have confidence in the world's second largest economy, China will be able to continue to grow, albeit slowly.
"Overall, we believe that the market does not have to panic about a hard landing in China ... - Beijing have enough time and resources to stimulate the economy, it is impossible to accept the missing" 7.5% growth forecast for 2013, the French agricultural credit bank said.
China bank shares rise significantly. China Industrial and Commercial Bank of China, the world's largest market capitalization of banks in Hong Kong rose 4.3%. China Construction Bank rose 3.9%.
Wall Street stocks closed higher after a report showed that durable goods sales rose 3.6 percent last month, while prices rose 12.1% in April. Another report showed that sales of new homes they are the fastest pace in five years, accelerate sales in May rose 2.1%. Consumer confidence index also increased.
This data highlights the news from the Fed last week, plans to reduce its bond buying program ends this year and next year, if the economy continues to strengthen. Fed's bond-buying program helps keep long-term interest rates low.
Benchmark crude for August delivery fell 43 cents to $ 94.95 a barrel in New York Mercantile Exchange electronic trading. On Tuesday, the contract rose 14 cents to settle at $ 95.32 a barrel.
In currencies, the euro fell to $ 1.3058 from $ 1.3090 late Tuesday in New York. Dollar rose to 97.75 yen from 97.53 yen.
 



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