在法兰克福，DAX指数周二上涨161点，涨幅0.67%。空客（2.37%）、西门子能源（2.02%）和宝马（1.86%）领涨。跌幅最大的是Zalando（-3.50%）、德意志交易所（-1.51%）和海德堡水泥（-1.40%）。

In Frankfurt, the DAX Index gained 161 points or 0.67 percent on Tuesday. Gains were led by Airbus (2.37%), Siemens Energy (2.02%) and BMW (1.86%). Biggest losers were Zalando (-3.50%), Deutsche Boerse (-1.51%) and HeidelbergCement (-1.40%).

法兰克福DAX指数周二上涨约0.7%，收于一周高点24083点，从昨日的下跌中恢复过来，表现优于地区同行。市场情绪有所改善，因为欧元区通胀数据低于预期，提振了人们对欧洲央行本周晚些时候降息25个基点的预期。然而，在经合组织下调经济前景和执政联盟崩溃后荷兰政治不确定性上升后，对全球增长的担忧再次加剧，这缓和了涨幅。此外，挥之不去的全球贸易紧张局势继续给投资者信心蒙上阴影。在个股中，涨幅最大的包括空客（+2.3%）、西门子能源（+2%）、SAP（+2%。

Frankfurt's DAX gained ground to close about 0.7% firmer at one-week highs of 24,083 on Tuesday, recovering from yesterday's losses and outperforming its regional peers. Market sentiment improved as softer-than-expected Eurozone inflation data bolstered expectations for a 25 basis point rate cut by the ECB later this week. However, gains were tempered by renewed concerns over global growth following the OECD’s downgraded economic outlook and rising political uncertainty in the Netherlands after the collapse of the ruling coalition. Additionally, lingering global trade tensions continued to cast a shadow over investor confidence. Among individual stocks, top gainers included Airbus (+2.3%), Siemens Energy (+2%), SAP (+2%), BMW (+1.9%), Vonovia (+1.9%) and Infineon Technologies (+1.6%).

法兰克福DAX指数周二微涨至23960点左右，在欧元区通胀数据低于预期后略有回升，这提振了人们对欧洲央行本周晚些时候降息25个基点的预期。与此同时，在经合组织下调全球增长预测和德国政府最近崩溃后的政治不稳定之后，投资者努力应对增长担忧。与此同时，全球贸易持续存在的不确定性继续影响市场情绪。在企业方面，涨幅最大的公司包括德国电信（+2.2%）、莱茵金属（+2%）和Vonovia（+1.9%），而Zalando和阿迪达斯表现不佳，分别下跌2.5%和1.9%。

Frankfurt’s DAX edged up to around 23,960 on Tuesday, recovering slightly after softer-than-expected Eurozone inflation data bolstered expectations for a 25 basis point rate cut by the ECB later this week. Meanwhile, investors grappled with growth concerns following the OECD’s downgraded global growth forecast and political instability after the recent collapse of Deutsche Government. At the same time, ongoing uncertainties over global trade continued to weigh on market sentiment. On the corporate front, top gainers included Deutsche Telekom (+2.2%), Rheinmetall (+2%) and Vonovia (+1.9%), while Zalando and Adidas underperformed, shedding 2.5% and 1.9%, respectively.

德国10年期国债收益率降至2.5%，接近5月7日以来的最低点，此前欧元区通胀数据低于预期，加强了对本周晚些时候欧洲央行降息25个基点的押注，这可能是暂停前的最后一步宽松措施。欧元区5月消费者价格通胀率从4月的2.2%降至1.9%，低于预期的2.0%，这是自2024年9月以来首次低于欧洲央行的目标。此外，服务业通胀降至2022年3月以来的最低水平，而核心通胀达到2022年1月以来的最低点。与此同时，在经合组织下调全球增长预测、荷兰政府崩溃后政治动荡加剧以及贸易不确定性持续存在的情况下，市场情绪仍然低迷。

The yield on the German 10-year Bund dropped to 2.5%, nearing its lowest point since May 7, after Eurozone inflation data came in softer than expected, strengthening bets on a 25 basis point ECB rate cut later this week—likely the final easing step before a pause. Eurozone consumer price inflation eased to 1.9% in May, down from 2.2% in April and below the anticipated 2.0%, marking its first dip beneath the ECB’s target since September 2024. Additionally, services inflation fell to its lowest level since March 2022, while core inflation reached its lowest point since January 2022. Meanwhile, market sentiment remained subdued amid the OECD’s downgraded global growth forecast, heightened political turmoil in the Netherlands following the government’s collapse, and ongoing trade uncertainties.