富时100指数周三下跌，连续第二天下跌，反映了欧洲市场的疲软。银行股重挫，汇丰银行（-1.5%）和巴克莱银行（-2.3%）拖累指数下跌，而阿斯利康（-0.9%）的下跌和能源股疲软进一步增加了压力——壳牌下跌0.6%，英国石油下跌0.9%。相比之下，国防类股上涨，BAE系统公司上涨1.5%。在企业更新中，京东体育（-1.7%）重申了其指导方针，并指出下半年将保持谨慎。上半年同比销售额下降2.5%，但由于美国和法国的收购，总销售额增长了20%。它标志着服装和北美的强势，欧洲的弹性，但由于产品周期和艰难的比较，英国鞋类的疲软。该公司还宣布了一项新的1亿英镑回购。

The FTSE 100 traded lower on Wednesday, extending its losses for a second day and mirroring weakness across European markets. Banking stocks weighed heavily, with HSBC (-1.5%) and Barclays (-2.3%) pulling the index down, while a drop in AstraZeneca (-0.9%) and softer energy names added further pressure — Shell fell 0.6% and BP 0.9%. By contrast, defence stocks gained, with BAE Systems up 1.5%. In corporate updates, JD Sports (-1.7%) reaffirmed its guidance, noting caution for the second half. Like-for-like sales fell 2.5% in the first half, but total sales rose 20% thanks to US and French acquisitions. It flagged strength in clothing and North America, resilience in Europe, but weakness in UK footwear due to product cycles and tough comparatives. The company also announced a fresh £100m buyback.

伦敦富时100指数周二收跌部分早盘涨幅，收于9223点，投资者消化了低于预期的PMI数据，同时等待美联储主席杰罗姆·鲍威尔当天晚些时候的讲话。调查显示，英国私营部门增长放缓至5月以来的最低水平，服务业扩张放缓，制造业进一步萎缩。与此同时，经合组织将其对英国2025年的增长预测略微上调至1.4%，同时表示到年底通货膨胀率可能达到3.5%，是主要经济体中最高的。在股票中，翠鸟集团在上调全年中期利润前景后上涨了近15%，拖累了该行业的其他公司。相比之下，史密斯集团因获利回吐而从早些时候的历史高点下跌了3%以上。权重股阿斯利康和英美烟草的下跌也产生了影响。

London’s FTSE 100 pared some early gains to close almost flat at 9,223 on Tuesday, as investors digested weaker-than-expected PMI data while awaiting Fed Chair Jerome Powell speech later in the day. The survey showed UK private-sector growth easing to its weakest pace since May, with services expanding more slowly and manufacturing contracting further. Meanwhile, the OECD slightly increased its UK growth projection to 1.4% for 2025, while indicating that inflation could hit 3.5% by year-end, the highest among major economies. Among equities, Kingfisher gained nearly 15% after raising its full-year outlook on stronger interim profits, dragging others in the sector with it. In contrast, Smiths Group retreated over 3% from record highs earlier on profit-taking. Losses in heavyweights AstraZeneca and British American Tobacco also weighed.

英国央行鹰派药丸表示，他对通胀风险更放心。英国央行首席经济学家Huw Pill是货币政策委员会成员之一，他一直最担心通货膨胀。周二，他表示，与今年早些时候相比，他对英国价格压力的前景更加满意。

BoE hawk Pill says he is more comfortable on inflation risk.Bank of England Chief Economist Huw Pill, one of the Monetary Policy Committee members who has been most concerned about inflation, said on Tuesday that he was more comfortable with the outlook for price pressures in Britain than he was earlier this year.

英国央行的Pill对通胀更为宽松，反对QT间期减慢。英国央行首席经济学家Huw Pill在一次演讲中表示，与六到十二个月前相比，他现在“更舒服”。虽然他此前曾强调，风险的平衡更多地在于通胀方面，但他承认，随着时间的推移和市场的重新定价，风险正在发生变化。

BoE's Pill more comfortable on inflation, opposed slower QT pace.BoE Chief Economist Huw Pill signaled a softer tone on inflation risks, saying in a speech he is “more comfortable now” than six to twelve months ago. While he had previously stressed the balance of risks lay more on the inflationary side, he acknowledged that as time has passed and markets have repriced, the risks are shifting.