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NEW YORK--Wall Street has increased significantly Wednesday after reports showing the pace of economic expansion in China has accelerated in November sent overseas shares higher.

The Dow Jones industrial average was recently more than 200 points.

Investors were also increased by some optimistic américaine.Avant bargaining beginning economic information, payroll processor ADP said private employers added 93,000 jobs in November. Monthly numbers were much stronger than expected.

Each month, EPA issued a report if private sector employers add jobs in advance of the month. The report is often used as a header in Government, monthly employment report gauge due to Friday.

A separate report released Wednesday showed U.S. productivity has increased at a rate of 2.3% in the third quarter higher than initially estimated.

And the Institute of supply management manufacturing activity expanded month at a moderate pace.The IMS stated that its index of manufacturing read 56.6 in November, corresponding to the expectations of analysts. This is the 16th straight months of croissance.Une reading above 50 indicates growth.

Separately, other reports show sharp construction until octobre.Le said Commerce's expenditure spending grew by 0.7%.November motor sales figures are due to more later mercredi.Et the Federal Reserve will be his report on the regional economic activity.

Fears that the European financial crisis spreads one to a better than expected bond auction by Portugal contributed to send to the higher euro.Investors feared that the country will be the next member of the European Union to require financial support from its neighbours.

Bond auction Portuguese sent Portugal 5.28% 4.81% bond interest rates.He pointed out that investors consider the debt of the country as a higher risk, there is a strong demand for bonds and interest rates are not as high as some investors fear.

The euro rose by 0.9% after the auction .the ' index Euro Stoxx 50, which tracks blue chip companies in countries that use the euro, increased by 1.2%.

In China, an index of the State of manufacturing activity rose from 55.2 in November of 54.7 in octobre.Un number any above 50 indicates monthly surveys many expansion have stayed over this number for 21 months droites.Un Chinese competitor survey by HSBC has increased to a maximum of eight months.

Hong Kong Hang Seng rose by 1.1 %.Référence index composed of Shanghai China increased by 0.2 percent 100.Les stocks fell in Asia since early November after China has triggered a key interest rates to fight inflation.

The Associated Press and Reuters have contributed to this report.

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Portugal denied EU pressure for a rescue operation but markets did not believe them.

Nature at two speeds on the continent were drawn clearly traders on their screens - countries where bond yields are fall (and rise in the price) and those where yields continue their relentless travel upwards where obligations prices fall as investors turn their back on countries financing needs.

Italy and the Spain dislike the concept of "devices" nation, but in terms of funding, they are moving in this direction, join the Ireland, the Portugal and the Greece.Spanish and Italian bonds risk premia were pushed yesterday at their highest levels since the euro was born in 1999.

The sovereign debt crisis becomes a self-sufficient, daytime phenomenon as bond investors refused to believe these Governments claiming political rhetoric from does not need renflouer.Leur lack of support just exacerbates the problem, the European Central Bank and the international monetary Fund help inevitable.

Without full and credible deficit reduction plans, appearing on politically unpalatable, countries such as the Portugal will be forced into Ireland in reality even more unpleasant to accept a bailout.

By this stage a country facing long-term and permanent damage as it takes even more debt but is supported by an economy struggling to grow or to decline.

At United Kingdom yields gilt 10 years encouraged by once again 3 2pc, continuing the theme of the United Kingdom considered a safe haven.This is partly due to the fact that UK debt has already average maturity 14 years compared to eight in savings in distress and significantly on our credit 80pc is occupied by institutions national as UK pension funds, ready for greater stability on the market.

But we can't be complaisants.Prévisions Monday with the Agency the responsibility of the budget (TBO) show that our annual discovered is ￡ 148. 5bn or public sector net debt PIB.La 10pc smite ￡ 923bn or 61pc GDP.

That international investors are comfortable with these record levels of debt is because our policy has changed and we have a credible repayment plan at least for our annual discovered which is scheduled for autumn to ￡ 18bn or 1pc of GDP 2015.La public sector net debt here however, will continue to rise over the next five years as our annual, exceeded only downward is added to the stack of our total debt RTI ' by 2015 at the 923bn ￡, reach 1.3 trillion of ￡.

But the powers of market are other obsession tirelessly in Europe are only outstanding here because investors believe our assumptions that budgetary consolidation, reform of welfare and released for the growth of the private sector will make our still precarious equilibrium finance.

For the moment at least, response to serious problems of our own is in our hands, but no sign of convenience by the coalition on our finances and apparent contagion in Europe is rapidly surround us, too.

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