The European Stock Index Fell 0.67% On Monday, Down From Its Seven Year High.

The pan European Dow Jones index closed down 0.67% at 348.61 on Monday.

The index rose 1.78% to 350.97 last Friday, but on Monday, all the European stock index fell, and the index fell from its highest level since January 2008.

By the end of last Friday's trading day, the pan European Dow Jones index rose 1.07% in a week, expanding to 6.92% since 2014, up 11.63% from the same period last year.

In addition to the expected economic data of Asia's two largest economies, data released by Germany on Monday showed that the industrial output value of the largest European economy grew by less than expected in October.

The output of that month increased by 0.2%, not up to 0.3% of the average economists expected.

Ewald Nowotny, member of the European Central Bank's Executive Committee and governor of Austria's central bank, said on Monday that the euro zone is undergoing "massive weakening" and that inflation is likely to continue to decline in the first quarter of 2015.

He stressed that the euro zone is already a weakness in the global economy. The central bank should consider whether to support economic growth by purchasing government bonds.

The euro's exchange rate rebounded and its recovery against the dollar fell from its lowest level since August 2012, rising from $1.2247 to $1.2293 after the speech of Iwo de noble.

In the main regional index, the French CAC 40 index fell 1% on Monday, closing at 4375.48 points, while the German DAX 30 index fell 1.05%.

At 10014.99, the FTSE 100 index fell 1.05% to 6672.15.

China, the largest consumer of commodities, released its economic data on Monday on the weak side. In November, imports fell by 6.7%, contrary to the 3% growth forecast proposed by economists.

After the mining sector fell: Anglo American resources fell 1.89%, Rio Tinto Group fell 0.52%, and glenco Xstrata dropped 0.74%.

In addition, the continued decline in oil prices also caused crude oil and gas producers to drop by 2.1% on Monday, while BP and Royal Holland Shell fell by 1.70% and 2.65% respectively.

El Parry, UK's market analyst, Craig Erlam, said: "the decline in China's imports highlights the further decline in domestic demand and the slowdown in the real estate industry." Erlam

The decline in commodity prices also shows the weakening of China's economic outlook.

"He also pointed out that the adverse economic data made it possible for the PBC to introduce more stimulus measures.

In a customer report, Sue Trinh, a senior currency strategist at the Royal Bank of Canada capital market, pointed out that although lower commodity prices may have a downward drive on import figures, this decline is surprising.

Coupled with the high valuation of the renminbi, there is a real reason why domestic demand has been greatly reduced.

"

On the other hand,

It shows that the extent of economic contraction in the third quarter of the country may be more serious than before. The growth rate of the quarter was revised from minus 1.6% to minus 1.9%.

After the 6.7% contraction in the second quarter, the Japanese economy has officially entered a recession.

Among the other regional indices,

The financial times MIB index fell 0.68% on Monday to 19951.15.

Rating agency Standard & Poor's issued a report after the end of last Friday's trading session, reducing Italy's long-term and short-term credit rating from BBB and A-2 to BBB- and A-3, which is a higher level than junk level.

The report says this adjustment is meant to reflect the weakening of Italy's real and nominal GDP performance, calling it "weakening the sustainability of the country's public debt".

Other

In terms of trend, the sale of online sales of Martha retailer of British retailer has been delayed on a large scale, and its share price fell 2.70% on Monday.

IG's market analyst Alastair MacKay G (Alastair McCaig) said Martha's stock price fell sharply, which highlighted the importance of online shopping.

Media reports said that the active investment fund crystal amber is discussing with many shareholders and may jointly Raider the supermarket operator Sanz Boli's stock to launch a takeover.

Sanz Boli's share price rose earlier, but eventually dropped 1.05%.