欧元/土耳其里拉 (EURTRY) 加自选

法兰克福DAX指数周五收窄早盘涨幅，在23690点附近几乎持平，徘徊在历史高点附近，因为交易员在周末前变得谨慎，关注贸易发展和俄罗斯-乌克兰谈判。与此同时，欧盟官员周四表示，欧盟正在推动与美国达成一项比目前与英国和中国谈判的更全面的关税削减协议，并补充说，讨论正在取得积极进展。在企业方面，莱茵金属领涨1.7%，紧随其后的是Vonovia、SAP、Beiersdorf、Symrise和西门子医疗，涨幅在1.5%至2%之间。另一方面，E.On（-3.9%）、巴斯夫（-2.2%）和海德堡材料公司（-2.2%。每周表现显示上涨0.8%，使该指数连续第五周上涨。

Frankfurt's DAX trimmed early gains to trade almost flat around 23,690 on Friday, hovering around record highs, as traders turned cautious ahead of the weekend, eyeing trade developments and Russia-Ukraine negotiations. Meanwhile, EU officials stated Thursday that the bloc is pushing for a more comprehensive tariff reduction deal with the US than those currently being negotiated with the UK and China, adding that discussions were progressing positively. On the corporate front, Rheinmetall led gains with a 1.7% rise, followed by Vonovia, SAP, Beiersdorf, Symrise, and Siemens Healthineers, which advanced between 1.5% and 2%. On the other hand, E.ON (-3.9%), BASF (-2.2%) and Heidelberg Materials (-2.2%) were among the biggest laggards. The weekly performance pointed to a 0.8% gain, positioning the index for its fifth consecutive weekly rise.

STOXX 50和STOXX 600均抹去了周五在持平线附近交易的早盘涨幅，因为投资者仍持谨慎态度，等待全球贸易的进一步发展，并密切关注俄罗斯-乌克兰和平谈判。诺和诺德公司首席执行官宣布辞职后，该公司股价下跌约3%，加剧了人们对该公司可能在竞争日益激烈的肥胖药物市场中失去先发优势的担忧。E.ON也表现不佳，下跌3.9%。从好的方面来看，历峰集团领涨STOXX 600指数，在这家奢侈品公司报告第一季度收入增长7%强于预期后，涨幅超过6%。尽管周五的行动较为温和，但这两个指数都有望实现约1.8%的周涨幅，这是它们连续第五周上涨。

Both the STOXX 50 and STOXX 600 erased early gains to trade near the flatline on Friday, as investors remained cautious, awaiting further developments on global trade and closely monitoring Russia-Ukraine peace negotiations. Novo Nordisk shares fell around 3% after the company's CEO announced his resignation, fueling concerns that the firm may be losing its first-mover advantage in the increasingly competitive obesity drug market. E.ON also underperformed, sliding 3.9%. On the upside, Richemont led the STOXX 600, jumping over 6% after the luxury goods company reported a stronger-than-expected 7% rise in first-quarter revenue. Despite Friday’s muted action, both indexes are on track to post weekly gains of around 1.8%, marking their fifth consecutive weekly advance.

意大利10年期英国国债收益率跌至3.6%以下，进一步远离5月14日触及的近一个月高点3.726%，并追随欧洲借贷成本的下降。交易员们等待贸易战的进一步明确，并继续评估更广泛的经济和货币政策前景。美国和中国同意实施为期90天的关税削减并恢复贸易谈判所引发的最初乐观情绪已经消退，投资者现在重新关注潜在的经济影响，特别是对美国经济的影响。在货币政策方面，预计欧洲央行将在6月继续降息；然而，欧洲央行管理委员会成员哈萨克斯坦表示，如果通胀恢复到预测的2%的目标，降息可能即将结束。4月，欧元区整体通胀率稳定在2.2%，而核心通胀率上升至2.7%。与此同时，第一季度GDP增长率从早先估计的0.4%下调至0.3%。

The yield on Italy’s 10-year BTP fell below 3.6%, moving further away from a near one-month high of 3.726% touched on May 14th, and tracking a fall in European borrowing costs. Traders await further clarity on the trade war and continue to assess the broader economic and monetary policy outlook. The initial optimism sparked by the US and China’s agreement to implement a 90-day tariff reduction and resume trade talks has faded, with investors now refocusing on the potential economic fallout — particularly for the US economy. On the monetary policy front, the ECB is expected to continue lowering interest rates in June; however, ECB Governing Council member Kazaks indicated that rate cuts may be nearing their end, provided inflation returns to the 2% target as forecast. In April, headline inflation in the Eurozone remained steady at 2.2%, while core inflation ticked up to 2.7%. Meanwhile, first-quarter GDP growth was revised down to 0.3% from an earlier estimate of 0.4%.

法国10年期OAT收益率跌至3.25%，远离5月14日触及的近一个月高点，并追随欧洲借贷成本的下降。交易员们等待贸易战的进一步明确，并继续评估更广泛的经济和货币政策前景。美国和中国同意实施为期90天的关税削减并恢复贸易谈判所引发的最初乐观情绪已经消退，投资者现在重新关注潜在的经济影响，特别是对美国经济的影响。在货币政策方面，预计欧洲央行将在6月继续降息；然而，欧洲央行管理委员会成员哈萨克斯坦表示，如果通胀恢复到预测的2%的目标，降息可能即将结束。4月，欧元区整体通胀率稳定在2.2%，而核心通胀率上升至2.7%。与此同时，第一季度GDP增长率从早先估计的0.4%下调至0.3%。

The yield on France’s 10-year OAT fell to 3.25%, moving away from the nearly one-month highs touched on May 14th, and tracking a fall in European borrowing costs. Traders await further clarity on the trade war and continue to assess the broader economic and monetary policy outlook. The initial optimism sparked by the US and China’s agreement to implement a 90-day tariff reduction and resume trade talks has faded, with investors now refocusing on the potential economic fallout — particularly for the US economy. On the monetary policy front, the ECB is expected to continue lowering interest rates in June; however, ECB Governing Council member Kazaks indicated that rate cuts may be nearing their end, provided inflation returns to the 2% target as forecast. In April, headline inflation in the Eurozone remained steady at 2.2%, while core inflation ticked up to 2.7%. Meanwhile, first-quarter GDP growth was revised down to 0.3% from an earlier estimate of 0.4%.