法国10年期政府债券收益率在几周来最大的周跌幅后稳定在3.35%左右，因为投资者仍然关注美国和欧元区不同的经济信号及其对货币政策的潜在影响。低于预期的美国就业数据，加上对前几个月的大幅下调，提高了人们对美联储今年从9月开始再降息两次的预期。特朗普总统解雇了一名劳工部高级官员，这进一步增加了市场的不确定性。与此同时，欧元区通胀率略有上升，7月份保持在2.0%，而预测为1.9%，这增强了人们对欧洲央行目前将维持利率的预期。

France’s 10-year government bond yield held steady around 3.35%, following its steepest weekly decline in several weeks, as investors remained focused on the diverging economic signals from the US and Eurozone, and their potential impact on monetary policy. Weaker-than-expected US jobs data, along with sharp downward revisions to prior months, have raised expectations of two more Federal Reserve rate cuts this year, starting in September. President Trump’s dismissal of a senior Labor Department official has further added to market uncertainty. Meanwhile, Eurozone inflation surprised slightly to the upside, holding at 2.0% in July versus a 1.9% forecast, reinforcing expectations that the European Central Bank will maintain rates for now.

CAC 40指数周一上涨0.9%，至7600点以上，本周初基础更加稳固，投资者利用了上周的大幅回调。在低于预期的美国就业数据提振了美联储最早于9月降息的希望后，市场似乎接受了这一下跌。在国内，注意力转向本周的一波经济数据，包括工业生产、采购经理人指数、贸易平衡和失业率，这些数据可能为法国的经济势头提供新的见解。在企业方面，涨幅最大的是安盛（1.53%）、法国巴黎银行（1.36%）和雅高（1.35%），威尔开云（-1.34%）、欧陆科学公司（-0.49%）和Orange（-0.47%）领跌。

The CAC 40 index climbed 0.9% to above 7,600 on Monday, beginning the week on firmer footing as investors took advantage of last week’s sharp pullback. Markets seemingly bought the dip after weaker-than-expected US payrolls data boosted hopes of a Federal Reserve rate cut as early as September. Domestically, attention turns to a wave of economic data this week, including industrial production, PMI, trade balance, and unemployment rate, which could offer fresh insights into France’s economic momentum. On the corporate front, top gainers were AXA (1.53%), BNP Paribas (1.36%) and Accor (1.35%), wile Kering (-1.34%), Eurofins Scientific SE (-0.49%) and Orange (-0.47%) led the declines.

在巴黎，CAC 40指数周一上涨44点，涨幅0.58%。领涨的是安盛（1.53%）、法国巴黎银行（1.36%）和雅高（1.35%）。跌幅最大的是开云集团（-1.34%）、欧陆科学公司（-0.49%）和Orange（-0.47%）。

In Paris, the CAC 40 Index is gaining 44 points or 0.58 percent on Monday. Leading the gains are AXA (1.53%), BNP Paribas (1.36%) and Accor (1.35%). Top losers are Kering (-1.34%), Eurofins Scientific SE (-0.49%) and Orange (-0.47%).

CAC 40指数周五暴跌2.9%，至7546点，将其周跌幅扩大至4.1%，创下一个月新低，因为美国全面的新关税和惨淡的收益令投资者感到不安。特朗普总统的行政命令引入了10%的全球基准关税，对缺乏贸易协议的国家征收高达41%的惩罚性关税，并对涉嫌规避关税的商品征收40%的税。虽然欧洲通过最后一刻的协议避免了最严厉的措施，但它现在面临着对美国出口15%的关税。在企业方面，Teleperformance在第二季度业绩疲软后下调了2025年的增长预测，暴跌20.7%。由于上半年利润令人失望，安盛下跌7.9%，圣戈班在勉强低于销售预期后下跌9.3%，施耐德电气在上半年收入创纪录的情况下继续亏损6.3%，因为利润率压力和自由现金流急剧下降的警告掩盖了业绩。

The CAC 40 plunged 2.9% to 7,546 on Friday, extending its weekly loss to a steep 4.1% and marking a one-month low, as sweeping new US tariffs and lackluster earnings rattled investors. President Trump’s executive order introduced a 10% global baseline tariff, punitive duties of up to 41% on countries lacking trade deals, and a 40% levy on goods suspected of circumventing tariffs. While Europe avoided the harshest measures through a last-minute agreement, it now faces a 15% tariff on exports to the US. On the corporate front, Teleperformance plummeted 20.7% after cutting its 2025 growth forecast following weak Q2 results. Axa dropped 7.9% on disappointing H1 profits, Saint-Gobain lost 9.3% after narrowly missing sales expectations, and Schneider Electric extended losses by 6.3% despite record H1 revenue, as warnings of margin pressure and a steep decline in free cash flow overshadowed the results.