2025年7月，法国大陆的登记失业人数增加了5.29万人，达到303万人，为四个月来的最高水平。所有类别的增长都是广泛的，包括核心老年人口（+25.8万至174.2万）、50岁以上人口（+7.9万至79.87万）和25岁以下人口（+19.2万至49.33万）。登记失业人数同比增加21.62万人。

The number of registered unemployed in mainland France rose by 52.9 thousand to 3.03 million in July 2025, marking the highest level in four months. Increases were broad-based across all categories, including the core-aged population (+25.8 thousand to 1.742 million), those aged over 50 (+7.9 thousand to 798.7 thousand), and those under 25 (+19.2 thousand to 493.3 thousand). On a year-on-year basis, the number of registered unemployed individuals rose by 216.2 thousand.

CAC 40指数周三上涨0.3%，至7730点，从连续两次下跌中反弹，投资者热切期待人工智能巨头英伟达的盈利结果。在今年8月经历了最大的股市飙升之后，市场期待这份报告中有关人工智能交易的新信号。与此同时，投资者继续努力应对法国的政治不确定性。周二，法国总理弗朗索瓦·贝鲁（François Bayrou）发表了自议会信任投票宣布以来的首次公开讲话，敦促议员在“混乱”和“责任”之间做出选择。尽管投票要到9月8日才能举行，但紧张局势仍然很高，因为这不是一个孤立的事件。前总理米歇尔·巴尼耶在2024年底失去了与预算挂钩的不信任投票后被罢免，而这是在7月提前选举后上任仅三个月后。LVMH（+1.4%）、TotalEnergies（+1.2%）和保乐力加（+0.8%）的涨幅显著。

The CAC 40 rose 0.3% to 7,730 on Wednesday, rebounding from two consecutive losses as investors eagerly awaited earnings results from AI giant Nvidia. Markets looked to the report for fresh signals on the AI trade, after this year's biggest stock surge experienced a hiccup in August. Meanwhile, investors continued to grapple with political uncertainty in France. On Tuesday, Prime Minister François Bayrou made his first public remarks since the announcement of a parliamentary confidence vote, urging lawmakers to choose between “chaos” and “responsibility.” Though the vote isn’t scheduled until September 8, tensions remain high, as this is not an isolated event. Former Prime Minister Michel Barnier was ousted after losing a no-confidence vote tied to the budget in late 2024—just three months after taking office following a snap election in July. Notable gains were seen in LVMH (+1.4%), TotalEnergies (+1.2%), and Pernod Ricard (+0.8%).

晨报：法国再次陷入危机，似曾相识。Ankur Banerjee展望欧洲和全球市场的未来

Morning Bid: Deja vu as France back in crisis.A look at the day ahead in European and global markets from Ankur Banerjee

在巴黎，CAC 40指数周二下跌123点，跌幅1.56%。法国兴业银行（-6.68%）、Vinci（-5.80%）和法国农业信贷银行（-5.44%）领跌。

In Paris, the CAC 40 Index dropped 123 points or 1.56 percent on Tuesday. Losses were led by Societe Generale (-6.68%), Vinci (-5.80%) and Credit Agricole (-5.44%).