欧洲股市周三走高，STOXX 50指数上涨0.3%，至5390点，更广泛的STOXX 600指数上涨0.1%，投资者等待美联储的政策决定。人们普遍预计美联储将在九个月内首次降息，将利率下调至少25个基点，因为官员们正在权衡劳动力市场放缓与关税驱动的通货膨胀。市场还将分析美联储的季度“点图”预测，以寻找未来政策路径上的信号。在数据方面，英国8月份的通胀率稳定在3.8%，与7月份持平，接近2024年1月的高点，就在英格兰银行自己的政策决定前一天。在企业新闻方面，PostNL在其资本市场日公布了一项新战略后飙升7%，宣布计划从2026年开始将其包裹业务分为两个部门——电子商务和平台。在Berenberg将这家丹麦制药商从“持有”升级为“买入”后，诺和诺德股价上涨1.8%。

European equity markets traded higher on Wednesday, with the STOXX 50 up 0.3% to 5,390 and the broader STOXX 600 adding 0.1%, as investors awaited the US Federal Reserve’s policy decision. The Fed is widely expected to deliver its first rate cut in nine months, lowering rates by at least 25 basis points as officials weigh a slowing labor market against tariff-driven inflation. Markets will also parse the Fed’s quarterly “dot plot” projections for signals on the path of future policy. On the data front, UK inflation held steady at 3.8% in August, unchanged from July and near January 2024 highs, just a day before the Bank of England’s own policy decision. In corporate news, PostNL surged 7% after unveiling a new strategy at its Capital Markets Day, announcing plans to split its Parcels business into two divisions—E-commerce and Platforms—starting in 2026. Novo Nordisk gained 1.8% after Berenberg upgraded the Danish drugmaker to "Buy" from "Hold".

欧元稳定在1.18美元上方，接近2021年9月以来的最高水平，投资者等待美联储的政策宣布和今天晚些时候公布的最新经济预测。市场普遍预计美联储将降息至少25个基点，并发出进一步宽松的信号，因为政策制定者正在权衡劳动力市场降温与挥之不去的关税驱动的通胀压力。相比之下，欧洲官员继续强调谨慎。欧洲央行执行委员会成员伊莎贝尔·施纳贝尔敦促政策制定者“保持稳健”，理由是关税、服务通胀、食品价格和财政政策带来的风险。斯洛伐克央行行长彼得·卡齐米尔回应了这一警告，称淡化这些风险是“错误的”。欧洲央行上周连续第二次会议保持借贷成本不变，这表明其降息周期可能已经结束。

The euro stabilized just above $1.18, holding close to its strongest level since September 2021, as investors awaited the US Federal Reserve’s policy announcement and updated economic projections due later today. Markets broadly expect the Fed to cut rates by at least 25 basis points and signal further easing, as policymakers weigh a cooling labor market against lingering tariff-driven inflationary pressures. European officials, by contrast, continue to stress caution. ECB executive board member Isabel Schnabel urged policymakers to “keep a steady hand,” citing risks from tariffs, services inflation, food prices, and fiscal policy. Slovak central bank governor Peter Kazimir echoed the warning, saying it would be “a mistake” to downplay these risks. The ECB last week kept borrowing costs unchanged for a second straight meeting, signaling its rate-cutting cycle may be over.

周三，欧洲股市开盘走高，投资者正在为美联储的最新政策决定做准备，普遍预计美联储将降息25个基点。在欧洲，投资者将评估英国8月份的通胀数据以及欧元区的最终通胀数据。本周晚些时候，由于近几个月来消费者价格持续上涨，英格兰银行可能会保持政策不变。与此同时，该地区没有大型企业的盈利计划。在盘前交易中，欧洲斯托克50指数和斯托克600指数期货分别上涨0.3%和0.2%。

European equity markets were headed for a higher open on Wednesday as investors prepared for the latest US Federal Reserve policy decision, where it is widely expected to deliver a 25 basis point rate cut. In Europe, investors will assess UK inflation figures for August, as well as final inflation data for the Eurozone. Later this week, the Bank of England will likely keep policy unchanged as consumer prices have continued to tick higher in recent months. Meanwhile, no major corporate earnings are scheduled in the region. In premarket trade, Euro Stoxx 50 and Stoxx 600 futures were up 0.3% and 0.2%, respectively.

欧洲股市周二收盘大幅下跌，受金融板块大幅下跌的压力，市场继续评估全球利率前景。斯托克50指数下跌1.3%，收于5372点，泛欧斯托克600指数下跌1.2%，收于551点。在美联储和英国央行本周做出关键货币政策决定以及中美贸易谈判之前，交易员变得谨慎，而美国总统特朗普今天开始访问英国。在数据方面，德国ZEW经济景气指数意外上涨，而英国劳动力数据继续预示着就业市场放缓。安联、桑坦德、联合圣保罗、慕尼黑再保险和德意志交易所均下跌近2.5%，为金融股设定了步伐。与此同时，欧莱雅股价在杰弗里斯下调评级后下跌了近3%。此外，奢侈品行业仍然不稳定，因为市场在等待阿玛尼创始人去世后对其未来的见解，阿玛尼在遗嘱中包括了可能出售的指示。

European stocks closed sharply lower on Tuesday, pressured by aggressive losses in the financial sector as markets continued to assess the outlook on global rates. The STOXX 50 lost 1.3% to 5,372 and the pan-European STOXX 600 dropped 1.2% to 551. Traders turned cautious ahead of key monetary policy decisions this week from the Fed and the BoE, as well as China–US trade talks, while US President Trump begins his visit to the UK today. On the data front, the ZEW Economic Sentiment Index for Germany surprised on the upside, while UK labour figures continued to signal a slowdown in the job market. Allianz, Santander, Intesa Sanpaolo, Munich Re, and Deutsche Boerse all lost close to 2.5% to set the pace for financial stocks. In the meantime, L'Oreal fell nearly 3% after having its stock downgraded by Jeffries. Also, the luxury sector remained volatile as markets awaited insights on the future of Armani following its founder's death, who included directions on a possible sale in his will.