欧洲股市周四开盘走高，受美国和亚洲市场隔夜强劲上涨的推动，科技股领涨。推动这一势头的是，有报道称，美国已取消对中国芯片设计软件的出口限制，这是强调在稀土和先进技术方面重新合作的更广泛贸易协定的一部分。投资者也将注意力转向即将发布的美国就业报告，这可能会影响对美联储下一次加息的预期。低于预期的读数可能会强化对最早7月降息的押注。在欧洲，重点将放在西班牙和意大利的最新商业活动数据上。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0.2%。

European equity markets were on track for a higher open Thursday, buoyed by strong overnight gains in US and Asian markets, where technology stocks led the rebound. Momentum was driven by reports that the US has lifted export restrictions on chip design software to China, as part of a broader trade agreement emphasizing renewed cooperation on rare earths and advanced technologies. Investors are also turning their attention to the upcoming US jobs report, which could shape expectations for the Federal Reserve’s next rate move. A softer-than-expected reading may reinforce bets on a rate cut as early as July. In Europe, the focus will be on fresh business activity data from Spain and Italy. In premarket trade, Euro Stoxx 50 and Stoxx 600 futures were both up around 0.2%.

欧洲股市周三上涨，STOXX 50指数上涨0.7%，STOXX 600指数上涨0.2%，投资者权衡美国与其主要贸易伙伴之间贸易谈判的进展，同时密切关注欧洲央行论坛，以获取有关央行今年剩余时间政策前景的信号。美国总统特朗普重申，他不会推迟7月9日恢复提高关税的最后期限，重申他威胁要结束谈判，并对包括日本在内的几个国家征收新的关税。此外，还宣布了对越南征收20%关税的协议。与此同时，几位欧洲央行官员最近的评论突显了人们对欧元走强及其对通胀潜在抑制作用的日益担忧。在各行业中，银行、石油和天然气、基础资源和汽车领涨，而房地产则落后。在企业方面，LVMH（4.2%）、宝马（5%）和嘉能可（5.2%）的股价上涨。桑坦德银行以31亿欧元收购TSB后上涨2.2%

European stocks advanced on Wednesday, with the STOXX 50 up 0.7% and the STOXX 600 rising 0.2%, as investors weighed progress in trade talks between the US and its key trading partners, while closely watching the ECB forum for signals on the central bank’s policy outlook for the remainder of the year. US President Trump reaffirmed he would not postpone the July 9 deadline for the resumption of higher tariffs, reiterating his threat to end talks and impose new duties on several countries, including Japan. Additionally, a deal with tariffs of 20% on Vietnam was announced. Meanwhile, recent comments from several ECB officials highlighted increasing concern over the euro's strength and its potential dampening effect on inflation. Among sectors, banks, oil and gas, basic resources, and autos led the gains, while real estate lagged. On the corporate front, LVMH (4.2%), BMW (5%), and Glencore(5.2%) were higher. Santander gained 2.2% after acquiring TSB for EUR 3.1 billion

周二，欧洲股市小幅下跌，因贸易不确定性，人们怀疑欧洲央行是否会继续降息。欧元区STOXX 50指数下跌0.3%，至5288点，泛欧STOXX 600指数下跌0.2%，至540点。报告显示，欧盟对一项涉及对其许多出口产品征收10%普遍关税的协议持开放态度，但正在寻求美国在制药、酒精、半导体和商用飞机等关键领域的让步。据彭博社援引消息人士称，欧盟贸易主管预计将于本周率领代表团前往华盛顿，努力推进谈判。在数据方面，初步数据显示，欧元区通胀率如预期般为2%，保持在欧洲央行的目标水平。与此同时，欧洲央行首席经济学家Philip Lane表示，央行最近的紧缩周期已经结束。工业和银行股领跌，空客、赛峰集团和联合信贷银行股价下跌5%至2%。反过来，LVMH、开云集团和欧莱雅的股价上涨了约4%。

European stocks edged lower on Tuesday on trade uncertainty with doubts on whether the ECB would continue to cut interest rates. The Eurozone's STOXX 50 fell 0.3% to 5,288, and the pan-European STOXX 600 dropped 0.2% to 540. Reports indicated that the EU is open to a deal involving a 10% universal tariff on many of its exports, but is seeking concessions from the US on key sectors such as pharmaceuticals, alcohol, semiconductors, and commercial aircraft. The EU’s trade chief is expected to lead a delegation to Washington this week in an effort to advance the talks, according to sources cited by Bloomberg. On the data front, preliminary figures showed Eurozone inflation came in at 2% as expected, staying at the ECB’s target. Meanwhile, ECB Chief Economist Philip Lane stated that the central bank’s recent tightening cycle has concluded. Industrials and banks led the losses with Airbus, Safran, and UniCredit dropping between 5% and 2%. In turn, LVMH, Kering, and L'Oreal added around 4%.

欧元保持在1.18美元大关，徘徊在2021年8月以来的最高水平附近，因为投资者在欧元区通胀率达到欧洲央行2%的目标后评估了欧洲央行政策制定者的评论。在欧洲央行中央银行论坛上，克里斯蒂娜·拉加德总统对6月份的通胀数据表示欢迎，该数据如预期般公布，但警告称，经济碎片化加剧和地缘政治紧张局势升级带来了“双重风险”。其他欧洲央行官员表示，在对全球贸易紧张局势、中东不稳定以及欧元近期走强的持续担忧中，自2024年6月以来连续八次下调存款利率后，利率可能会在本月的会议上保持稳定。尽管美国总统特朗普关税的影响存在不确定性，但市场继续对美联储降息进行定价，共同货币也受到美元疲软的支撑。

The euro remained at the $1.18 mark, hovering near its highest level since August 2021, as investors assessed comments from European Central Bank policymakers following the eurozone’s inflation rate hitting the ECB’s 2% target. Speaking at the ECB Forum on Central Banking, President Christine Lagarde welcomed the June inflation data, which came in as projected, but warned of “two-sided risks” stemming from growing economic fragmentation and escalating geopolitical tensions. Other ECB officials indicated that interest rates will likely be held steady at this month’s meeting, following eight consecutive cuts to the deposit rate since June 2024, amid ongoing concerns over global trade tensions, instability in the Middle East, and the euro’s recent strength. The common currency has also been supported by a weaker US dollar, as markets continue to price in Federal Reserve rate cuts despite uncertainty over the impact of US President Trump’s tariffs.