欧洲股市周三午盘中段继续下跌，收盘大幅走低，延续了前一交易日的跌幅，因为美国科技巨头的波动、对紧缩货币政策的担忧挥之不去，以及即将到来的法国议会选举继续给风险资产带来压力。欧元区斯托克50指数下跌0.4%，收于4918点，而泛欧斯托克600指数下跌0.6%，收于515点。化学品和化学品投入行业的公司大幅下跌，巴斯夫和液化空气分别下跌2.6%和1.5%。汽车巨头也录得大幅亏损，宝马、大众和梅赛德斯的跌幅在2.5%至1%之间。最后，空中客车股价下跌2.8%，延续了前一交易日的近10%，因为市场继续为其今年飞机交付量的大幅下降做好准备。在数据方面，GfK消费者和Ifo对德国的商业情绪都令人失望。

European equities held their mid-afternoon declines to close firmly lower on Wednesday, extending losses from the prior session as volatility for tech mega caps in the US, lingering concerns of tight monetary policy, and the upcoming French parliamentary elections continued to weigh on risk assets. The Eurozone’s Stoxx 50 dropped by 0.4% to close at 4,918, while the pan-European Stoxx 600 fell by 0.6% to 515. Companies in the chemicals and chemical inputs sectors fell sharply, with BASF and Air Liquide sinking 2.6% and 1.5% each. Auto giants also booked sharp losses, with BMW, Volkswagen, and Mercedes dropping between 2.5% and 1%. Lastly, Airbus shares sank 2.8%, extending the near 10% in the prior session as markets continued to position for its sharp downgrade in aircraft deliveries this year. On the data front, the GfK consumer consumer and the Ifo business sentiment for Germany both disappointed expectations.

欧洲股市未能守住早盘涨幅，周三下午STOXX 50和STOXX 600均下跌0.2%，延续了前一交易日的跌幅。交易员们继续等待进一步的催化剂，同时等待美国PCE通胀、法国、西班牙和意大利的初步通胀数据、法国大选以及本周晚些时候乔·拜登和唐纳德·特朗普之间的首次辩论。与此同时，本周迄今公布的经济数据令人失望，即GfK消费者和Ifo对德国的商业情绪。路威酩轩集团下跌1%，空中客车公司进一步下跌1.5%。汽车行业也面临压力，即大众（-2.5%）在与Rivian宣布成立合资企业后，涉及50亿美元的投资，用于共享电动汽车架构和软件。宝马（-2.4%）和梅赛德斯-奔驰（-0.9%）也下跌。相比之下，受联邦快递的积极预测提振，SAP上涨2.4%，德意志邮政上涨1%

Stocks in Europe failed to hold early gains, with both the STOXX 50 and the STOXX 600 falling 0.2% on Wednesday afternoon, ad extending losses from the previous session. Traders continue to await further catalysts while awaiting the US PCE inflation, preliminary inflation figures for France, Spain and Italy, the French election, and the first debate between Joe Biden and Donald Trump later in the week. Meanwhile, economic data released so far this week has disappointed, namely the GfK consumer consumer and the Ifo business sentiment for Germany. LVMH was down 1% and Airbus declined further by 1.5%. The auto sector was also under pressure, namely VW (-2.5)% following a joint venture announcement with Rivian, involving a $5 billion investment to share electric vehicle architecture and software. BMW (-2.4%) and Mercedes-Benz (-0.9%) were also lower. In contrast, SAP added 2.4% and Deutsche Post rose 1%, boosted by a positive forecast from FedEx

在欧洲央行理事会成员Olli Rehn表示今年可能再降息两次后，欧元跌至1.0687美元，接近两个月低点。此外，最新数据显示，德国和法国的消费者和企业士气有所下降。在通胀方面，包括法国、西班牙和意大利在内的主要经济体的初步数据将于周五公布。西班牙的年通货膨胀率预计将从5月的3.6%降至6月的3.3%，而意大利的消费价格预计将比上月上涨0.2%，与5月持平。在政治上，投资者对法国立法选举感到紧张，因为总统埃马纽埃尔·马克龙的提前选举增加了不确定性。选举结果，无论是支持马琳·勒庞的极右翼政党还是左翼联盟，都可能对金融市场产生重大影响，尤其是在导致重大政策转变的情况下。

The Euro weakened to $1.0687, nearing a two-month low, after ECB Governing Council member Olli Rehn indicated potential for two more interest rate cuts this year. Also, the latest data showed a drop in consumer and business morale in Germany and France. On the inflation front, preliminary data for major economies, including France, Spain, and Italy, will be published on Friday. Spain's annual inflation rate is expected to decline to 3.3% in June from 3.6% in May, while Italy's consumer prices are projected to increase by 0.2% from the previous month, the same as in May. Politically, investors are on edge about the French legislative election, as President Emmanuel Macron's snap election has heightened uncertainty. The election outcome, whether favoring Marine Le Pen’s far-right party or a leftist alliance, could significantly impact financial markets, particularly if it results in major policy shifts.

STOXX 50指数周三上涨0.5%，STOXX 600指数周三上涨0.4%，从之前的下跌中反弹。全球芯片抛售暂停，英伟达的下跌也停止了。科技股和工业股领涨，汽车股落后。SAP股价上涨约2%，创下186.24欧元的历史新高，赛诺菲股价上涨1.2%，创下92.71欧元的6周新高。ASML控股（0.8%）、西门子（0.5%）和施耐德电气（1.1%）也处于绿色。相比之下，大众在与Rivian宣布成立合资企业后下跌了近1%，该合资企业涉及50亿美元的投资，用于共享电动汽车架构和软件。宝马（-0.9%）和梅赛德斯-奔驰（-0.4%）也下跌。在没有进一步催化剂的情况下，交易员继续等待美国PCE的关键通胀、法国、西班牙和意大利的初步通胀数据、法国大选以及本周晚些时候乔·拜登和唐纳德·特朗普之间的首次辩论。与此同时，GfK对德国的消费者信心意外下降。

The STOXX 50 gained 0.5% and the STOXX 600 added 0.4% on Wednesday, bouncing back from previous losses. The global chip sell-off paused, with Nvidia's decline halted. Technology and industrial stocks led the uptrend while autos lagged behind. SAP shares gained about 2% to hit an all-time high of €186.24 and Sanofi increased 1.2% to a 6-week high of €92.71. ASML Holding (0.8%), Siemens (0.5%) and Schneider Electric (1.1%) were also in the green. In contrast, VW was down almost 1% following a joint venture announcement with Rivian, involving a $5 billion investment to share electric vehicle architecture and software. BMW (-0.9%) and Mercedes-Benz (-0.4%) were also lower. In the absence of further catalysts, traders continue to await key US PCE inflation, preliminary inflation figures for France, Spain and Italy, the French election, and the first debate between Joe Biden and Donald Trump later in the week. Meanwhile, the GfK consumer sentiment for Germany unexpectedly declined.