CAC 40指数周三下跌0.6%，至7828点，扭转了前一交易日1.1%的涨幅，因为在唐纳德·特朗普总统即将宣布关税之前，投资者情绪恶化。报道显示，特朗普正在考虑对大多数进口商品征收20%的全面关税，尽管潜在措施的确切范围和规模仍不确定。在个股中，赛诺菲以3.7%的跌幅领跌，其次是法国巴黎银行，下跌2.6%，法国兴业银行下跌2.5%，空中客车下跌2.1%。从积极的方面来看，Engie表现突出，在Jefferies将股票从“持有”上调至“买入”后，Engie上涨1.4%，达到2015年6月以来的最高水平。此次上调是由Engie更具吸引力的股票故事推动的，收益增长明显，未来挑战可控。

The CAC 40 fell 0.6% to 7,828 on Wednesday, reversing the 1.1% gain from the previous session as investor sentiment soured ahead of President Donald Trump’s impending tariff announcement. Reports indicate that Trump is contemplating a sweeping 20% tariff on most imports, although the exact scope and scale of the potential measures remain uncertain. Among individual stocks, Sanofi led the decliners with a 3.7% drop, followed by BNP Paribas, which saw a 2.6% decrease, Societe Generale falling 2.5%, and Airbus down 2.1%. On a positive note, Engie was the standout performer, rising 1.4% to its highest level since June 2015, after Jefferies upgraded the stock to "buy" from "hold." The upgrade was driven by Engie’s more compelling equity story, with visible earnings growth and manageable challenges ahead.

2025年2月，法国政府预算赤字从上年同期的440亿欧元收窄至403亿欧元。总收入同比增长12.6%，达到452亿欧元，而支出增长3.6%，达到778亿欧元。与此同时，跟踪目标和支出（如地方政府收入）的流入和流出平衡的财政部特别账户记录了77亿欧元的缺口，而去年同期的缺口为91亿欧元。

France’s government budget deficit narrowed to EUR 40.3 billion in February 2025 from EUR 44.0 billion in the corresponding period of the previous year. Total revenues rose 12.6% year-on-year to EUR 45.2 billion, while expenditures increased at a softer 3.6% to EUR 77.8 billion. Meanwhile, the Treasury special accounts, which track the balance of inflows and outflows for targeted and outlays, for example receipts from local government, recorded a shortfall of EUR 7.7 billion, compared to a gap of EUR 9.1 billion in the same period a year earlier.

法国2月份预算余额为-403亿欧元，低于预期（-302亿欧元）。法国2月份预算余额为-403亿欧元，低于预期（-302亿欧元）

France Budget Balance registered at €-40.3B, below expectations (€-30.2B) in February.France Budget Balance registered at €-40.3B, below expectations (€-30.2B) in February

CAC 40指数周二上涨1.1%，至7876点，结束了连续四个交易日的下跌，因为投资者在预期的“解放日”之前等待美国总统唐纳德·特朗普提出的互惠关税的进一步细节这些措施的范围和影响的不确定性使市场处于紧张状态。与此同时，3月份欧元区通胀率降至2.2%，与预测一致。在个股中，欧莱雅、空中客车和施耐德电气领涨，涨幅在2.4%至3.2%之间。金融板块也有所上涨，安盛、法国巴黎银行和法国农业信贷银行上涨1.4%至2.1%。

The CAC 40 climbed 1.1% to 7,876 on Tuesday, snapping a four-session losing streak as investors awaited further details on US President Donald Trump’s proposed reciprocal tariffs ahead of his anticipated 'Liberation Day.' Uncertainty over the scope and impact of these measures kept markets on edge. Meanwhile, Eurozone inflation eased to 2.2% in March, aligning with forecasts. Among individual stocks, L'Oréal, Airbus, and Schneider Electric led gains, rising between 2.4% and 3.2%. The financial sector also advanced, with AXA, BNP Paribas, and Crédit Agricole up between 1.4% and 2.1%.