周四，欧元下跌0.5%，至1.076美元，回吐了前一交易日的几乎所有涨幅，收于7周来的最低水平，此前投资者再次关注法国的政治局势。作为法国信贷风险的关键指标，法国和德国10年期国债收益率之间的利差扩大到60多个基点，为2017年以来的最高水平。民意调查显示，勒庞的全国集会此前一直主张削减销售税和降低退休年龄等政策，在6月30日的第一轮投票中遥遥领先。与此同时，总统埃马纽埃尔·马克龙的支持率已降至2018年12月以来的最低点。

The Euro fell by 0.5% to $1.076 on Thursday, giving back almost all gains from the previous session and closing in on the lowest level in 7 weeks, after investors became again concerned about the political situation in France. The spread between French and German 10-year yields, a crucial indicator of France's credit risk, widened to over 60 basis points, the highest since 2017. Polls indicate that Le Pen’s National Rally, which has previously advocated for policies like cutting sales taxes and lowering the retirement age, holds a significant lead heading into the first round of voting on June 30. At the same time, President Emmanuel Macron’s approval rating has dropped to its lowest point since December 2018.

欧洲股市继续下跌至1%以上，法国和德国10年期国债收益率之间的价差为2017年以来最大。在美国生产者价格意外下跌后，美国国债和德国债券上涨，而南欧债券因政治动荡而面临损失，导致利差扩大和市场情绪下降。斯托克50指数下跌1.9%，至一个月低点4940点左右，所有主要股票均下跌。ASML控股下跌超过2%，SAP下跌超过1%，LVMH、欧莱雅和林德也下跌。斯托克600指数下跌1.3%，收于516点，Wise指数因收入增长预测放缓而下跌13%。

European stocks extended losses to more than 1%, with the spread between French and German 10-year yields widening the most since 2017. US Treasuries and German bonds rose after US producer prices unexpectedly dropped, while bonds in Southern Europe faced losses due to political turmoil, leading to wider spreads and a decrease in market sentiment. The Stoxx 50 was down 1.9% to around a one-month low of 4940, with all major stocks falling. ASML Holding dropped more than 2%, and SAP over 1%, while LVMH, L'Oréal and Linde were also down. The Stoxx 600 dropped 1.3% to 516, led by a 13% drop in Wise due to slowing income growth forecasts.

2024年4月，欧元区工业生产环比下降0.1%，与上月下调的0.5%的增长相反，低于0.2%的预期增长。中间产品产量进一步下降（-0.4%对3月份的-0.2%），而资本产品产量增长较慢（0.7%对0.9%）。相比之下，能源（0.4%对-0.1%）、耐用（0.3%对-0.6%）和非耐用消费品（3.4%对-2.7%）的生产出现反弹。在上个月修正后下降1.2%，而市场预计下降1.9%后，4月份的产量同比下降3%。

Industrial production in the Euro Area declined by 0.1% month-over-month in April 2024, reversing from a downwardly revised 0.5% growth in the previous month, and below the anticipated increase of 0.2%. Intermediate goods output declined further (-0.4% vs -0.2% in March), while the production of capital goods advanced at a slower pace (0.7% vs 0.9%). In contrast, production rebounded for energy (0.4% vs -0.1%), durable (0.3% vs -0.6%), and non-durable consumer goods (3.4% vs -2.7%). On a yearly basis, output shrank by 3% from the previous year in April, after a revised 1.2% decline in the previous month and compared with market estimates of a 1.9% decrease.

欧洲股市周四下跌，斯托克50指数和斯托克600指数分别下跌0.2%和0.3%，投资者消化了美联储的最新政策决定和美国通胀数据。美联储今年只宣布了一次降息，低于3月份预测的三次降息。然而，点图显示了2025年更积极的宽松路径，预计四次降息将总计整整一个百分点。在单一股票中，Atos在出售其咨询部门Worldgrid和一项将对现有股东产生重大影响的救助协议后下跌了14%。由于收入增长预测放缓，Wise股价下跌超过19%。大众汽车、西班牙电信、德意志银行和巴斯夫都遭受了超过1.5%的损失。从积极的方面来看，AXA的涨幅超过1%，而SAP、德国电信、Vivendi和Inditex的涨幅均在0.8%左右。

European stocks traded lower on Thursday, with the Stoxx 50 and Stoxx 600 down 0.2% and 0.3% respectively as investors digest the latest Federal Reserve policy decision and US inflation figures. The Fed announced only one interest rate cut for the year, down from the three reductions predicted in March. However, the dot plot showed a more aggressive easing path for 2025, with four rate cuts expected to total a full percentage point. Among single stocks, Atos saw a 14% drop following the sale of its consultancy unit, Worldgrid, and a rescue deal that will heavily impact existing shareholders. And Wise dropped more than 19% due to slowing income growth forecasts. Volkswagen, Telefonica, Deutsche Bank, and BASF were all hit with losses over 1.5%. On a positive note, AXA saw a rise of over 1%, while SAP, Deutsche Telekom, Vivendi, and Inditex all experienced increases around 0.8%.