周三，欧洲股市四个交易日来首次上涨，STOXX 50指数上涨1%，STOXX 600指数上涨0.9%，因为美国和日本之间的贸易协议引发了人们对进一步达成协议和降低关税的希望。特朗普总统表示，日本已同意对其对美国的出口征收15%的关税，并承诺向美国投资5500亿美元，向美国主要商品开放市场。美国总统还表示，欧盟代表今天将前来参加贸易谈判。大盘股大多较高，包括ASML控股（1.4%）、雀巢（0.7%）、LVMH（2.4%）和爱马仕（2.2%）。汽车行业也是表现最好的行业之一，包括法拉利（1.6%）、梅赛德斯-奔驰（5.5%）、宝马（4.6%）、保时捷（5.1%）和大众（5.3%）。另一方面，SAP股价下跌近4%，此前该公司的业绩未能给投资者留下深刻印象，因为该公司支持其今年的指导方针。

European stocks rose on Wednesday for the first time in four sessions, with the STOXX 50 climbing 1% and the STOXX 600 up 0.9%, as a trade agreement between the US and Japan sparked hopes for further deals and reduced tariffs. President Trump said that Japan had agreed to a 15% tariff on its exports to the US, alongside a commitment to invest $550 billion into the US and open its markets to key American goods. The US President also said that representatives from the European Union were coming for trade negotiations today. Megacaps were mostly higher, including ASML Holding (1.4%), Nestle (0.7%), LVMH (2.4%) and Hermes (2.2%). The auto sector was also among the top performing sectors, including Ferrari (1.6%), Mercedes-Benz (5.5%), BMW (4.6%), Porsche (5.1%) and VW (5.3%). On the other hand, shares of SAP sank almost 4% after the company's results failed to impress investors as it backed its guidance for the year.

欧洲股市周三开盘走高，受美日贸易协议宣布后全球情绪改善的提振。美国总统唐纳德·特朗普透露，日本已同意对其对美国的出口征收15%的关税，并承诺向美国投资5500亿美元，向美国主要商品开放市场。在欧洲，投资者将把注意力转向该地区最新的消费者信心数据，以及新一轮的企业盈利。Iberdrola、Moncler、Thales、Randstad和UniCredit等公司预计将发布关键报告。盘前交易中，欧洲斯托克50指数期货上涨1.2%，斯托克600指数期货上涨0.9%，标志着交易日开局强劲。

European equity markets were set to open higher on Wednesday, buoyed by improved global sentiment following the announcement of a US-Japan trade deal. US President Donald Trump revealed that Japan had agreed to a 15% tariff on its exports to the US, alongside a commitment to invest $550 billion into the US and open its markets to key American goods. In Europe, investors will turn their attention to the latest consumer confidence data for the region, as well as a fresh round of corporate earnings. Key reports are expected from Iberdrola, Moncler, Thales, Randstad, and UniCredit, among others. In premarket trade, Euro Stoxx 50 futures rose 1.2% while Stoxx 600 futures were up 0.9%, signaling a strong start to the session.

由于对美国关税的持续担忧，欧洲股市第三个交易日收盘下跌。欧元区STOXX 50指数下跌1%，至5288点，泛欧STOXX 600指数下跌0.5%，至544点。美国财政部长贝森特指出，白宫官员正在优先考虑他们认为有利的贸易协定，而不是急于在8月1日截止日期前达成协议，这可能为在谈判结束前不久执行欧盟30%的关税水平铺平道路。国防类股跌幅最大，莱茵金属公司、BAE系统公司和泰雷兹公司下跌3.5%至1%，主要基金经理对今年该行业反弹的可持续性表示怀疑。科技股也出现大幅下跌，ASML和英飞凌均下跌超过3%。在收益方面，SAP和UniCredit是下一个报告的巨头。

European stocks closed lower for a third session amid persistent concerns of tariffs by the United States. The Eurozone's STOXX 50 fell 1% to 5,288 and the pan-European STOXX 600 lost 0.5% to 544. US Treasury Secretary Bessent noted that White House officials are prioritizing trade agreements they deem favorable instead of rushing to strike deals before the August 1st deadline, potentially paving the way that the 30% tariff levels on the EU may be soon enforced before negotiations conclude. Defense stocks were among the top losers with Rheinmetall, BAE Systems, and Thales dropping between 3.5% and 1% as major fund managers expressed their skepticism over the sustainability of this year's rally for the sector. Tech shares also recorded sharp losses, with ASML and Infineon each dropping more than 3%. On the earnings front, SAP and UniCredit were the next giants to report.

欧洲主要股市周二下跌，STOXX 50和STOXX 600均下跌0.2%，因关税的不确定性继续打压投资者情绪。美国开始对欧盟进口商品征收30%关税的8月1日最后期限即将到来，但迄今为止尚未达成任何协议。与此同时，交易员们仍然关注企业盈利。阿克苏诺贝尔（Akzo Noble）股价下跌超过3%，该公司下调了今年的核心利润预期，化工板块表现最差。ASML控股也下跌1.5%，施耐德电气下跌0.8%，西门子能源下跌1.2%。另一方面，SAP股价在业绩公布前上涨了近0.4%。挪威海德鲁公司股价上涨近2%，此前该铝生产商公布了强于预期的第二季度盈利和现金流。Julius Baer微涨0.4%，尽管由于出售其巴西子公司的一次性费用和增加的贷款准备金，利润大幅下降。

Major European bourses declined on Tuesday, with both the STOXX 50 and the STOXX 600 slipping 0.2%, as uncertainty over tariffs continued to weigh on investor sentiment. The looming August 1st deadline for the US to begin imposing a 30% tariff on EU imports is approaching, and no agreement has been reached so far. Meanwhile, traders remained focused on corporate earnings. Chemicals were among the worst performers after Akzo Noble tumbled more than 3% as the company lowered its core profit outlook for this year. ASML Holding was also down 1.5%, Schneider Electric fell 0.8% and Siemens Energy declined 1.2%. On the other hand, SAP shares rose nearly 0.4% ahead of the release of its results. Norsk Hydro gained close to 2% after the aluminum producer reported stronger-than-expected second-quarter earnings and cash flow. Julius Baer edged up 0.4%, despite posting a sharp drop in profit due to a one-off charge from the sale of its Brazilian subsidiary and increased loan provisions.