德国HCOB 4月制造业PMI高于预期（48）：实际（48.4）。德国HCOB 4月制造业PMI高于预期（48）：实际（48.4）

Germany HCOB Manufacturing PMI above expectations (48) in April: Actual (48.4).Germany HCOB Manufacturing PMI above expectations (48) in April: Actual (48.4)

德国4月最终制造业采购经理人指数48.4 vs 48.0。“随着整体采购经理人指数接近中性50大关，人们可能会认为德国工业正在逐渐摆脱持续近三年的衰退。毕竟，制造商已经连续第二个月扩大生产。

Germany April final manufacturing PMI 48.4 vs 48.0 prelim.“With the headline PMI moving closer to the neutral 50 mark, one might think that German industry is gradually emerging from a downturn that has lasted almost three years. After all, manufacturers have expanded production for the second month in a row.

法兰克福DAX指数重返绿色，周三收于22497点，上涨约0.3%，为4月初以来的最高点，连续第七天上涨。投资者对潜在关税谈判的乐观情绪抵消了经济数据和企业盈利报告的好坏参半。在经济数据方面，尽管美国经济在第一季度意外收缩，但欧元区GDP增长超过了分析师的预期。德国摆脱了短暂的经济衰退，在2024年第四季度收缩0.2%后，第一季度实现了0.2%的增长。德意志交易所是涨幅最大的股票，上涨3.7%，这得益于最近的积极业绩，其次是莱茵金属（+3.1%）和Vonovia（+2.8%）。另一方面，Zalando和阿迪达斯表现不佳，分别下跌5.2%和4.1%。与此同时，梅赛德斯-奔驰集团股价下跌2.7%，此前该汽车制造商在第一季度利润暴跌41%后撤回了2025年的盈利预期。大众汽车股价下跌2.4%，第一季度利润下降37%。4月份，该指数上涨了1.5%。

Frankfurt's DAX returned to the green, closing about 0.3% up at 22,497 on Wednesday, its highest since early April and extending gains for the seventh day. Investor optimism surrounding potential tariff negotiations offset mixed economic data and corporate earnings reports. On the economic data front, while the US economy unexpectedly contracted in Q1, Eurozone GDP growth surpassed analysts' expectations. Germany emerged from a brief downturn, posting 0.2% growth in Q1 after a 0.2% contraction in Q4 2024. Deutsche Borse was the top gainer, up 3.7%, on the back of recent positive results, followed by Rheinmetall (+3.1%) and Vonovia (+2.8%). On the flip side, Zalando and Adidas underperformed, down 5.2% and 4.1%, respectively. Meanwhile, Mercedes-Benz Group dropped 2.7% after the carmaker withdrew its 2025 earnings outlook following a 41% slump in Q1 profits. Volkswagen fell 2.4% as it posted a 37% drop in first-quarter profit. For April, the index added 1.5%.

欧洲指数收盘涨跌互现。今日德国经济数据喜忧参半。欧洲主要指数正在接近结果。在今天的德国，一系列经济数据需要一个喜忧参半的局面。

European indices close mixed. German economic data today was mixed.Major European indices are closing with results. In Germany today, a slew of economic data needed a mixed picture.