DAX周四几乎没有变化，徘徊在前一天创下的历史新高附近，因为交易员们关注公司业绩。西门子股价下跌约2.3%，此前该公司的利润因其自动化业务需求疲软而令人失望。德国电信的股价也略有下跌（-0.4%），尽管其盈利超出预期。梅赛德斯（-0.8%）和大众（-0.9%）也出现了亏损。另一方面，安联（1.5%）和慕尼黑RE（1.6%）出现了上涨。

The DAX was little changed on Thursday, hovering close to record high levels reached the day before, as traders focus on corporate results. Shares of Siemens were down about 2.3% after the company's profit disappointed amid weak demand in their automation business. Shares of Deutsche Telekom were also slightly lower (-0.4%) although its earnings beat estimates. Mercedes (-0.8%) and VW (-0.9%) were also in the red. On the flip side, Allianz (1.5%) and Munich RE (1.6%) booked gains.

周四，恒生指数上涨302.82点，涨幅1.59%，收于19376.53点，扭转了前一交易日的小幅下跌，所有板块均上涨。该指数保持了九个多月来的最高水平，这得益于对中国经济在4月份保持复苏势头的乐观情绪，周五公布了一些关键数据，尤其是工业产出、零售额和失业率。与此同时，北京将于周五开始特别超长债券销售，以支持基础设施项目和战略性行业。另外，大陆地方政府采取行动，帮助购买未售出的房屋，以拯救房地产市场。对进一步降低存款准备金率的押注也在增加，高盛经济学家预测，中国央行今年将在第二季度和第四季度两次将存款准备金率下调25个基点。腾讯重量级人物。在实现稳健盈利后，股价飙升4.2%。其他跑赢大盘的股票包括龙湖集团（11.1%）、中国海外置地（4.6%）、华润置地（3.6%）和美团（3.0%）。

The Hang Seng surged 302.82 points or 1.59% to finish at 19,376.53 on Thursday, reversing from slight losses in the prior session as all sectors gained. The index held its highest level in over nine months, boosted by optimism that China's economy sustained recovery momentum in April, ahead of some key data Friday, notably industrial output, retail sales, and the jobless rate. Meanwhile, Beijing will begin special ultra-long bond sales on Friday to support infrastructure projects and strategic sectors. Separately, local governments on the mainland moved to help buy unsold homes to rescue the property market. Bets of more reductions in reserve requirement ratio also mounted, with Goldman Sachs economists predicting the PBoC will cut the ratio twice this year by 25bps each in Q2 and Q4. Heavyweight Tencent Hlds. soared 4.2% after delivering solid earnings. Other outperforming stocks were Longfor Group (11.1%), China Overseas Land (4.6%), China Resources Land (3.6%), and Meituan (3.0%).

意大利的年通货膨胀率从3月份的1.2%降至2024年4月的0.8%，略低于0.9%的初步估计，这表明欧洲央行长期限制性货币政策的影响。因此，净通胀率从上月的2.3%降至2.1%。与前一年相比，不受监管的能源通缩仍在继续（-13.9%对-10.3%）。此外，运输（2.7%对4.5%）、各种服务（1.8%对2.3%）、非耐用品（1.5%对2.0%）和食品（2.4%对2.7%）的成本放缓。与此同时，受监管的能源价格下降幅度较小（-1.3%对-13.8%），烟草（3.3%对1.9%）和娱乐文化（3.8%对3.2%）的通货膨胀率上升。本月，意大利消费者价格继3月份持平后，小幅上涨0.1%。

The annual inflation rate in Italy eased to 0.8% in April of 2024 from 1.2% in March, coming slightly below preliminary estimate of 0.9% and indicating the impact of prolonged restrictive monetary policy from the ECB. Accordingly, net inflation decelerated to 2.1% from 2.3% in the prior month. Energy deflation from the previous year continued for the unregulated kind (-13.9% vs -10.3%). Additionally, cost slowed for transportation (2.7% vs 4.5%), various services (1.8% vs 2.3%), non-durable goods (1.5% vs 2.0%), and food (2.4% vs 2.7%). Meanwhile, the prices of the regulated energy fell less (-1.3% vs -13.8%), and inflation picked up for tobacco (3.3% vs 1.9%) and recreation & culture (3.8% vs 3.2%). Over the month, Italian consumer prices edged up by 0.1%, following a flat reading in March.

富时100指数周四下跌，此前两天上涨，投资者密切关注公司业绩。易捷航空是跌幅最大的航空公司之一，在繁忙的夏季到来之前，易捷航空报告上半年亏损符合预期，跌幅达7%。这家廉价航空公司还宣布，首席执行官约翰·伦德格伦将于2025年初卸任。其他显著下跌包括英国石油公司（-2.0%）、葛兰素史克（-0.8%）、翠鸟（-3.6%）和乐购（-2.1%），原因是交易中没有股息。从好的方面来看，英国电信集团股价上涨9%，领涨该指数，因为该电信公司的首席执行官为未来五年的自由现金流增长设定了雄心勃勃的目标。

The FTSE 100 declined on Thursday, following two days of gains, as investors kept an eye on companies' results. EasyJet was one of the top losers with a 7% drop after reporting a first-half loss in line with expectations ahead of the busy summer season. The budget airline also announced that CEO Johan Lundgren will step down in early 2025. Other notable drops included BP (-2.0%), GSK (-0.8%), Kingfisher (-3.6%), and Tesco (-2.1%) due to trading without dividend entitlements. On the upside, BT Group surged 9%, leading gains on the index as the telecom company's CEO sets ambitious goals for free cash flow growth over the next five years.