European stocks rose on the data on the trade balance in China and Germany.

As recent data, which were presented by the Federal Statistical Office on the basis of German exports rebounded in June, which was supported by strong demand from countries not included in the composition of the euro area, while the volume of imports unexpectedly declined, reflecting the weakness in domestic demand.

According to the report, the volume of exports, adjusted for working days and seasonal changes, rose in June by 0.6%, compared with a revised fall of May at 2%. However, the growth rate was weaker than the average forecast from the experts - at the level of 0.9 percent. As for imports, its volume decreased by 0.8%, after rising 1.4% in May, which was revised. Economists had forecast that imports will rise by 0.5%.

According to another report, the volume of China's July exports rose by 5.1% compared to the same period last year, after falling 3.1% in June, while imports increased by 10.9% after the June decline to 0 7%. We also add that many analysts had expected growth of exports last month by 2.8% and imports increased by 1.3%. In addition, it was reported that the July trade surplus fell to $ 17.8 billion from $ 27.13 billion a month earlier, while the market expected an average of $ 26.2 billion

FTSE 100 6,529.68 +18.47 +0.28%, CAC 40 4,064.32 +25.83 +0.64%, DAX 8,318.32 +57.84 +0.70%

Deutsche Telekom increased by 7.7%. Germany's largest phone company said revenue rose by 5.4% to 15.2 billion euros ($ 20.3 billion), exceeding analysts' forecasts at 14.6 billion euros. Net income rose by 10% to 530 million euros, compared with a year earlier.

Commerzbank rose by 15.7%. The second largest bank in Germany reported that second-quarter net profit of 43 million euros, compared with 270 million euros in the second quarter of last year, exceeding the average estimate of experts at 4.6 million euros.

Adecco SA rose 3.1% after the world's largest supplier of temporary workers reported an increase in profit and said it sees positive signs for business, as the labor market is stabilizing in Europe. The data showed that second-quarter net income rose 12% to 126 million euros, exceeding the assessment of experts at 112.1 million euros.

Nestle SA fell 2.1% after the world's largest food company reported the slowest sales growth in the first half of the year for the last four years. Sales increased by 4.1 percent, excluding acquisitions, divestments and currency changes. According to forecasts, the growth was 4.5%.

U.S. stocks rose as China’s trade data topped forecasts and investors weighed the latest jobless-claims report.

Global Stocks:

Nikkei 13,605.56 -219.38 -1.59%

Hang Seng 21,655.88 +67.04 +0.31%

Shanghai Composite 2,044.9 -1.88 -0.09%

FTSE  6,531.93 +20.72 +0.32%

CAC  4,059.1 +20.61 +0.51%

DAX 8,323.57 +63.09 +0.76%

Crude oil $103.85 -0.50%

Gold $1293.10 +0.61%

European stocks were little changed as an increase in Chinese exports offset investor concerns the Federal Reserve will pare bond purchases this year. U.S. stock futures and Asian shares were also little changed.

The Stoxx Europe 600 Index rose less than 0.1 percent to 302.75 at 8:30 a.m. in London. The benchmark has rallied 9.8 percent since June 24 as the Federal Reserve, European Central Bank and the Bank of England pledged to continue stimulus. The Stoxx 600 fell for a second day yesterday as the Bank of England said it won’t raise interest rates or reduce bond purchases until the U.K.’s jobless rate falls to 7 percent, sparking concern it expects the economic recovery to be slow.

China’s exports and imports rebounded in July more than estimated. Exports rose 5.1 percent from a year earlier, the General Administration of Customs said in Beijing today. That compared with the median estimate for a 2 percent increase in survey and June’s 3.1 percent drop. Imports rose 10.9 percent.

Fed Bank of Cleveland President Sandra Pianalto said yesterday there has been “meaningful improvement” in the labor market and that tapering may be warranted if it continues to strengthen. Fed policy makers are weighing data to determine whether the economy has improved enough to begin reducing its $85 billion in monthly bond purchases.

Deutsche Telekom added 4.2 percent to 9.43 euros. Germany’s largest telephone company said revenue climbed 5.4 percent to 15.2 billion euros ($20.3 billion), beating analyst estimates of 14.6 billion euros. Net income rose 10 percent to 530 million euros from a year earlier.

Commerzbank gained 8.9 percent to 7.21 euros. Germany’s second-largest bank reported second-quarter net income of 43 million euros, compared with 270 million euros in the second quarter of last year, beating the 4.6 million-euro average estimate of analysts.

Adecco SA (ADEN) rose 3.1 percent to 62 Swiss francs after the world’s largest provider of temporary workers, reported increased profit and said it sees positive signs for business as labor markets in Europe stabilize. Second-quarter net income rose 12 percent to 126 million euros, beating the 112.1 million-euro estimate of analysts/

Nestle SA (NESN) declined 2.1 percent to 63.35 francs after the world’s biggest food company posted the slowest first-half sales growth in four years. Sales increased 4.1 percent, excluding acquisitions, divestments and currency shifts, the Vevey, Switzerland-based company said today in a statement. The median of analysts’ estimates was for 4.5 percent growth.

FTSE 100 6,531.67 +20.46 +0.31%    

CAC 40 4,051.11 +12.62 +0.31%

DAX 8,290.35 +29.87 +0.36%   

Asian stocks outside Japan rose after Chinese exports grew more than forecast. Japanese shares sank as the yen strengthened after the Bank of Japan maintained its stimulus policy.

Nikkei 225 13,605.56 -219.38 -1.59%

Hang Seng 21,644.96 +56.12 +0.26%

S&P/ASX 200 5,064.8 +53.50 +1.07%

Shanghai Composite 2,044.9 -1.88 -0.09%

BHP Billiton Ltd., the world’s No. 1 mining firm, gained 1.2 percent in Sydney.

Kubota Corp. climbed 1.6 percent after profit at the Japanese tractor maker surged 50 percent, topping analyst forecasts.

Telstra Corp. gained 2.4 percent as Australia’s largest phone company posted earnings that beat analyst estimates after luring subscribers to its wireless services.

Nikkei 225 13,824.94 -576,12 -4,00%

Hang Seng 21,573.35 -350,35 -1,60%

S & P / ASX 200 5,011.3 -94,33 -1,85%

Shanghai Composite -0,67 -13,72 2,046.78%

FTSE 100 6,511.21 -93.00 -1.41%

CAC 40 4,038.49 +5.92 +0.15%

DAX 8,260.48 -39.25 -0.47%

DJIA 15,470.70 -48.07 -0.31%

S&P 500 1,690.93 -6.44 -0.38%

NASDAQ 3,654.01 -11.76 -0.32%