欧元徘徊在1.16美元左右，与上周的水平相比几乎没有变化，因为市场进入了一个关键的一周，充满了全球贸易谈判、央行会议和欧洲各地的关键经济数据发布。投资者对美中贸易谈判取得进展的迹象表示欢迎，现在人们的注意力转向特朗普总统和Xi将于周四举行的会晤，预计此次会晤将最终确定周末讨论的初步协议的框架。与此同时，人们普遍预计欧洲央行（ECB）将在周四的会议上保持利率稳定，而在劳动力市场放缓和通胀低于预期的迹象下，预计美联储将削减借贷成本。本周晚些时候，欧元区将公布第三季度GDP数据和10月份通胀数据，进一步了解该地区的经济前景。

The euro hovered around $1.16, little changed from the previous week’s levels, as markets entered a crucial week filled with global trade negotiations, central bank meetings, and key economic data releases across Europe. Investors welcomed signs of progress in US–China trade talks, with attention now turning to the upcoming meeting between Presidents Trump and Xi Jinping on Thursday, expected to finalize the framework of a preliminary deal discussed over the weekend. Meanwhile, the European Central Bank (ECB) is widely expected to hold interest rates steady at its Thursday meeting, while the US Federal Reserve is anticipated to cut borrowing costs amid signs of a slowing labor market and weaker-than-expected inflation. Later in the week, the Euro Area will release flash third-quarter GDP figures and October inflation data, providing further insight into the region’s economic outlook.

欧洲股市周一将高开，追随全球股市上涨，市场乐观地认为，在周末富有成效的谈判之后，即将举行的传祺-Xi会议可能会在贸易方面取得突破。美国财政部长斯科特·贝森特证实，特朗普100%关税的威胁“不在考虑范围内”，同时补充说，北京同意将扩大稀土出口管制的计划暂停一年。在欧洲，投资者将关注德国10月Ifo商业景气调查和9月欧元区信贷数据。在企业方面，汇丰银行表示，预计将有11亿美元的诉讼条款，涉及在伯纳德·麦道夫欺诈案中亏损的投资者的索赔，而诺华公司宣布计划以120亿美元的价格收购生物技术公司Avidity Biosciences。在盘前交易中，欧洲斯托克50指数和斯托克600指数期货均上涨约0.4%。

European equity markets were set to open higher on Monday, tracking global gains amid optimism that the upcoming Trump-Xi meeting could yield a trade breakthrough following productive negotiations over the weekend. US Treasury Secretary Scott Bessent confirmed that Trump’s threat of a 100% tariff was “off the table,” while adding that Beijing agreed to pause for a year its planned expansion of rare earth export controls. In Europe, investors will focus on Germany’s Ifo Business Climate survey for October and Eurozone credit data for September. On the corporate front, HSBC said it expects a $1.1 billion litigation provision related to claims from investors who lost money in Bernard Madoff’s fraud, while Novartis announced plans to acquire biotechnology firm Avidity Biosciences in a $12 billion deal. In premarket trade, Euro Stoxx 50 and Stoxx 600 futures both rose about 0.4%.

欧洲股市周五收盘微涨，企业盈利喜忧参半，市场评估了欧洲增长和利率的前景。斯托克50指数微涨至5674点，斯托克600指数上涨0.2%，收于创纪录的575点。赛诺菲第三季度盈利超过预期，上涨3%，萨博在上调全年有机销售额预测后飙升6%。此外，由于第三季度利润增加和业绩目标升级，国民西敏寺股价上涨5%。此外，埃尼集团在公布业绩后上涨了近2%。另一方面，赛峰集团股价下跌1.4%，尽管超过了分析师的盈利预期。与此同时，汽车制造商和非必需消费品公司录得涨幅，因为美国通胀低于预期，导致整个欧洲的收益率下降。在宏观经济方面，欧元区的采购经理人指数好于预期，反映了经济活动的一些牵引力。本周，斯托克50指数上涨1.2%，斯托克600指数上涨1.6%。

European stocks closed slightly higher on Friday amid mixed corporate earnings, while markets assessed the outlook on European growth and rates. The STOXX 50 inched up to 5,674 and the STOXX 600 rose 0.2% to a record close of 575. Sanofi advanced 3% on a Q3 profit beat and Saab surged 6% after raising its full-year organic sales forecast. Also, NatWest jumped 5% on higher Q3 profits and an upgraded performance target. Additionally, ENI jumped nearly 2% after delivering its results. On the other hand, Safran dropped 1.4% despite beating analysts' earnings consensus. Meanwhile, auto manufacturers and consumer discretionary companies booked gains as softer-than-expected inflation in the United States drove yields across Europe to drop. On the macroeconomic front, the Eurozone's PMI was better than expected to reflect some traction in economic activity. On the week, the STOXX 50 gained 1.2% and the STOXX 600 gained 1.6%.

欧洲股市在短暂创下盘中新高后于周五下午小幅下跌，因投资者消化了企业盈利和经济数据，希望特朗普总统和Xi总统下周会晤时美中贸易紧张局势可能会缓解。斯托克50指数下跌0.3%，至5660点，而斯托克600指数在574点附近徘徊。本周，斯托克50指数上涨1%，斯托克600指数上涨1.5%。在企业推动者中，赛诺菲因第三季度利润超过预期而上涨2.7%，萨博在上调全年有机销售预测后飙升7%，国民西敏银行因第三财季利润增加和业绩目标上调而上涨3.3%。Vinci在机场和高速公路增长放缓后下跌2.9%，赛峰集团尽管提高了2025年的目标，但仍下跌1.9%。在经济方面，好于预期的欧元区采购经理人指数（PMI）数据强化了人们对欧洲央行将保持利率稳定的预期，而美国通胀数据疲软则促使交易员预计美联储今年将再降息两次，可能在1月份第三次降息。

European stocks edged lower Friday afternoon after briefly hitting record intraday highs, as investors digested corporate earnings and economic data amid hopes that US–China trade tensions may ease when Presidents Trump and Xi meet next week. The STOXX 50 fell 0.3% to 5,660, while the STOXX 600 hovered near 574. For the week, the STOXX 50 added 1% and the STOXX 600 gained 1.5%. Among corporate movers, Sanofi rose 2.7% on a Q3 profit beat, Saab surged 7% after raising its full-year organic sales forecast, and NatWest gained 3.3% on higher Q3 profits and an upgraded performance target. Vinci tumbled 2.9% after slower airport and motorway momentum, and Safran slipped 1.9% despite raising 2025 targets. On the economic front, better-than-expected Eurozone PMI data reinforced expectations that the ECB will hold rates steady, while weaker US inflation data pushed traders to price in two more Fed rate cuts this year, with a possible third in January.