欧洲股市周二大幅上涨，为3月以来的最高点，对结束俄罗斯和乌克兰战争的措施持乐观态度。欧元区STOXX 50指数上涨0.9%，至5486点，泛欧STOXX 600指数上涨0.7%，至558点。欧洲领导人昨天在华盛顿特区会见了美国和乌克兰总统特朗普和泽连斯基，并表示如果乌克兰继续结束战争，他们将向乌克兰提供安全保障。非必需消费品公司通常受到风险情绪的影响，领涨涨幅，LVMH和开云分别上涨3%，而Stellantis和梅赛德斯-奔驰分别上涨3.2%和2.7%，为汽车生产商设定了步伐。在更广泛的指数上，Mediobanca在获得收购Banca Generali的批准后上涨，这将创建意大利第三大银行，并阻止Banca MPS收购前者。反过来，国防公司因和平乐观情绪而下跌，莱茵金属公司、BAE系统公司和泰雷兹公司下跌超过4%。

European stocks closed sharply higher on Tuesday, their highest since March, amid optimism on steps taken to end the war between Russia and Ukraine. The Eurozone's STOXX 50 added 0.9% to 5,486 and the pan-European STOXX 600 rose 0.7% to 558. European leaders met with US and Ukraine Presidents Trump and Zelensky in Washington DC yesterday and signaled they would provide security guarantees to Ukraine if it proceeds to end the war. Consumer discretionary companies, which are commonly impacted by risk sentiment, led the gains with LVMH and Kering each jumping 3%, while Stellantis and Mercedes Benz added 3.2% and 2.7% to set the pace for auto producers. On the broader index, Mediobanca advanced after gaining approval to acquire Banca Generali, which would create Italy's third-largest lender and prevent Banca MPS from acquiring the former. In turn, defense companies fell on the peace optimism, with Rheinmetall, BAE Systems, and Thales dropping over 4%.

欧元兑美元汇率保持在1.167美元，市场正在等待本周的央行行长研讨会，并消化华盛顿关于结束俄罗斯在乌克兰战争的会谈。北约秘书长马克·吕特称特朗普与泽连斯基和欧洲领导人的会晤“非常成功”，而特朗普表示，他已与普京联系，安排与泽连夫斯基会晤，随后举行三方峰会。在货币政策方面，欧洲央行的利率预期保持稳定，市场预计9月份不会发生变化。在美国，交易员认为美联储在9月16日至17日的会议上降息25个基点的可能性为85%。投资者正密切关注美联储主席杰罗姆·鲍威尔在杰克逊霍尔的演讲，以寻求对未来美国货币政策的指导。

The euro held at $1.167 as markets awaited this week’s central bankers’ symposium and digested Washington talks on ending Russia’s war in Ukraine. NATO Secretary General Mark Rutte called Trump’s meeting with Zelenskiy and European leaders “very successful,” while Trump said he had contacted Putin to arrange a meeting with Zelenskiy, followed by a trilateral summit. On the monetary policy front, ECB rate expectations remain stable, with markets pricing no change for September. In the US, traders see an 85% chance of a 25 bps Fed cut at the September 16–17 meeting. Investors are closely watching Fed Chair Jerome Powell’s Jackson Hole speech for guidance on future US monetary policy.

2025年6月，欧元区经常账户盈余从一年前的519亿欧元收窄至389亿欧元。商品贸易顺差从352亿欧元降至248亿欧元，服务贸易顺差从232亿欧元降至214亿欧元。此外，次级收入赤字从136亿欧元扩大到147亿欧元。另一方面，初级收入盈余从72亿欧元增至75亿欧元。经季节性调整后，6月份经常账户盈余从上月的318亿欧元增至358亿欧元，高于市场预期的303亿欧元。

The Eurozone’s current account surplus narrowed to EUR 38.9 billion in June 2025 from EUR 51.9 billion a year earlier. The goods surplus fell to EUR 24.8 billion from EUR 35.2 billion, and the services surplus dropped to EUR 21.4 billion from EUR 23.2 billion. Also, the secondary income deficit widened to EUR 14.7 billion from EUR 13.6 billion. On the other hand, the primary income surplus rose to EUR 7.5 billion from EUR 7.2 billion. On a seasonally adjusted basis, the current account surplus rose to EUR 35.8 billion in June from EUR 31.8 billion in the previous month, above market expectations of EUR 30.3 billion.

欧洲股市周二微涨，斯托克50指数和斯托克600指数上涨0.1%，受华盛顿美乌会谈的乐观情绪支撑。然而，国防类股拖累涨幅，因投资者对战争可能缓和的迹象做出反应。斯托克欧洲航空航天和国防指数下跌0.4%，伦克下跌3.6%，萨博下跌3.3%，莱昂纳多下跌2.9%。特朗普告诉泽连斯基，美国将在任何和平协议下帮助保证乌克兰的安全，尽管细节尚不清楚。在企业新闻方面，意大利Mediobanca获得欧洲央行批准收购Banca Generali，创建了该国第二大财富管理公司，并对抗了Monte dei Paschi的收购计划。投资者现在期待美联储的杰克逊霍尔研讨会发出政策信号。

European stocks inched higher Tuesday, with the Stoxx 50 and Stoxx 600 up 0.1%, supported by optimism around US-Ukraine talks in Washington. However, defense stocks weighed on gains as investors reacted to signs of possible de-escalation in the war. The Stoxx Europe Aerospace and Defense index slipped 0.4%, with Renk down 3.6%, Saab 3.3% lower, and Leonardo off 2.9%. Trump told Zelenskiy the US would help guarantee Ukraine’s security under any peace deal, though details remain unclear. In corporate news, Italy’s Mediobanca won ECB approval to acquire Banca Generali, creating the country’s second-largest wealth manager and countering Monte dei Paschi’s takeover push. Investors now look to the Fed’s Jackson Hole symposium for policy signals.