周四，STOXX 50指数上涨0.7%，STOXX 600指数上涨0.5%，交易员消化了乐观的企业业绩和新的经济数据。欧元区HCOB PMI数据显示，尽管制造业衰退有所缓解，但欧元区私营部门活动仍处于收缩区间。此外，随着服务业增长加速和制造业下滑放缓，德国也出现了一些积极迹象。然而，在法国，数据远低于预期。在企业方面，爱马仕股价上涨约2.1%，此前该公司报告第三季度销售额大幅增长。LVMH（1.8%）和欧莱雅（1%）也有所上升。雷诺录得强劲增长（5%），此前该汽车制造商第三季度收入增长并支持其前景。此外，巴克莱银行在盈利超过预期后上涨了4%，英美资源集团在报告第三季度生产稳定后股价上涨了4%以上。

The STOXX 50 was up 0.7% and the STOXX 600 gained 0.5% on Thursday, as traders digest upbeat corporate results and fresh economic data. Flash HCOB PMIs for the Eurozone showed private sector activity in the bloc remained in contraction territory although the manufacturing downturn softened. Also, there were some positive signs coming from Germany with as services growth accelerated and the fall in manufacturing eased. In France however, the data came well below forecasts. On the corporate front, shares of Hermes jumped about 2.1% after the company reported a significant increase in third quarter sales. LVMH (1.8%) and L'Oreal (1%) were also higher. Renault booked a strong gain (5%) after the carmaker recorded a rise in revenue in Q3 and backed its outlook. In addition, Barclays jumped 4% after a profit beat and shares of Anglo American gained more than 4% after reporting stable production in Q3.

HCOB欧元区服务业采购经理人指数从前一个月的51.4降至2024年10月的51.2，低于其升至51.5的预期。这是自2月以来私人服务活动的最温和增长，加强了欧洲央行继续降低基准借贷成本的理由。新订单连续第二个月下降，是自1月以来的最快速度，迫使企业依靠积压订单来记录在此期间商业活动的轻微积极变化。因此，服务提供商的就业水平接近停滞。在价格方面，投入成本急剧上升，但仍低于系列平均水平，促使企业提高产出费用。展望未来，需求疲软继续给商业信心带来压力。

The HCOB Eurozone Services PMI eased to 51.2 in October of 2024 from 51.4 in the previous month, missing expectations that it would have risen to 51.5. It was the softest increase in private services activity since February, strengthening the case for the ECB to continue lowering benchmark borrowing costs. New orders decreased for the second consecutive month, and at the fastest pace since January, forcing firms to depend on backlogs to record the slight positive change in business activity over the period. Consequently, employment levels for service providers came close to stalling. On the price front, input costs rose sharply but remained below the series average, driving firms to raise output charges. Looking forward, the softer demand conditions continued to pressure business confidence.

初步数据显示，HCOB欧元区制造业采购经理人指数在2024年10月升至45.9，为五个月高点，高于9月的45.0，也高于预期的45.3。尽管如此，制造业产出连续第19个月继续下降，但速度略低于9月份。新业务也下降，企业减少采购，降低材料和成品库存。供应商交货时间连续第二个月延长，这是自1月以来最糟糕的表现。在价格方面，投入成本连续第二个月下降，为3月以来的最快速度，而销售价格也有所下降。最后，商业情绪进一步减弱。

The HCOB Eurozone Manufacturing PMI rose to 45.9 in October 2024, a five-month high, up from 45.0 in September and above expectations of 45.3, preliminary data showed. Despite this, manufacturing output continued to decline for the 19th consecutive month, though at a slightly slower pace than in September. New business also fell, with firms reducing purchases and lowering stocks of materials and finished goods. Supplier delivery times lengthened for the second month, marking the worst performance since January. On the price front, input costs dropped for the second month in a row, at the fastest rate since March, while selling prices also declined. Finally, business sentiment weakened further.

HCOB Flash欧元区综合采购经理人指数从9月份的七个月低点49.6升至2024年10月的49.7，但略低于49.8的预测。欧元区商业活动连续第二个月小幅下降，服务业增长略有放缓（51.2比51.4），制造业衰退有所缓和（45.9比45）。产量因需求环境疲软而缩减，新订单连续第五个月下降。公司通过近四年来最大程度的裁员来应对工作量减少，而商业信心降至11个月来的最低点。与此同时，投入成本以2020年11月以来最慢的速度增长，产出费用通胀同样降至44个月低点。德国和法国再次成为疲软的主要来源，商业活动进一步明显减少。

The HCOB Flash Eurozone Composite PMI rose to 49.7 in October 2024 from a seven-month low of 49.6 in September, but was slightly below forecasts of 49.8. Business activity in the Euro Area edged down for the second straight month, as services growth eased slightly (51.2 vs 51.4) and the downturn in manufacturing softened (45.9 vs 45). Output was scaled back in response to a weakening demand environment, with new orders down for the fifth month running. Companies responded to lower workloads by reducing employment to the largest degree in almost four years, while business confidence dropped to an 11-month low. Meanwhile, input costs increased at the slowest pace since November 2020, with output charge inflation similarly easing to a 44-month low. Germany and France were again the main sources of weakness, seeing further marked reductions in business activity.