在法兰克福，DAX指数周五上涨277点，涨幅1.54%。涨幅居前的是西门子能源（5.42%）、彪马（4.18%）和赛多利斯（3.40%）。

In Frankfurt, the DAX Index went up by 277 points or 1.54 percent on Friday. Top gainers were Siemens Energy (5.42%), Puma (4.18%) and Sartorius (3.40%).

周五，法兰克福DAX 40指数飙升1%，达到18090点，受美国科技巨头微软和Alphabet公布正季度业绩后科技板块上涨的提振。此外，投资者吸收了欧洲央行调查的数据，该数据表明，欧元区的通胀预期降至2021年12月以来的最低水平，这增加了人们对该地区政策制定者可能在6月降低借贷成本的预期。另一方面，来自美国的可靠PCE价格通胀数据表明，美联储不会在9月之前首次降息。在个股中，蒂森克虏伯股价飙升9%，此前这家德国公司宣布打算将其钢铁业务20%的股份出售给捷克亿万富翁丹尼尔·克雷廷斯基控制的一家能源控股公司。

Frankfurt's DAX 40 index surged by 1% to reach 18,090 points on Friday, buoyed by gains in the tech sector following the release of positive quarterly results from US tech giants Microsoft and Alphabet. Additionally, investors absorbed data from an ECB survey indicating that inflation expectations in the bloc declined to their lowest level since December 2021, adding to expectations that the region's policymakers might lower borrowing costs in June. On the other hand, solid PCE price inflation data from the US suggested that the Federal Reserve would not deliver a first rate cut before September. Among individual stocks, Thyssenkrupp soared by 9% after the German firm announced its intention to sell a 20% stake in its steel business to an energy holding controlled by Czech billionaire Daniel Kretinsky.

随着投资者消化了一批经济数据及其对欧洲央行和美联储政策轨迹的潜在影响，10年期德国国债收益率回落至2.6%以下，与4月25日达到的五个月高点2.6455%相距甚远。在欧洲，欧洲央行的一项调查显示，3月份，欧盟12个月的通胀预期降至2021年12月以来的最低水平，为3.0%。此外，欧盟的贷款仍然停滞不前，这强化了人们的信念，即央行最早可能在6月实施首次降息。与此同时，在美国，第一季度和3月通胀压力持续的迹象，加上强劲的消费数据，表明美联储不太可能在9月之前开始降低借贷成本。

The yield on the 10-year German Bund retreated below 2.6%, distancing itself from the five-month peak of 2.6455% reached on April 25th, as investors digested a batch of economic data and its potential impact on the policy trajectory of both the ECB and Federal Reserve. In Europe, an ECB survey indicated that 12-month inflation expectations in the bloc were trimmed in March to their lowest level since December 2021, standing at 3.0%. Additionally, the bloc's lending remained stagnant, reinforcing the belief that the central bank may implement its first rate cut as early as June. Meanwhile, in the US, indications of persistent inflationary pressures throughout the first quarter and March, combined with robust consumption figures, suggested that the Fed is unlikely to initiate any borrowing cost reductions before September.

法兰克福DAX 40指数周五飙升0.8%，至18050点，受美国科技巨头微软和Alphabet公布正季度业绩后科技板块上涨的推动。与此同时，投资者热切期待美国今天晚些时候公布PCE价格通胀数据，寻求美联储今年降息时机的进一步线索。在个股中值得注意的是，蒂森克虏伯股价飙升9%，此前这家德国公司宣布打算将其钢铁业务20%的股份出售给捷克亿万富翁丹尼尔·克雷廷斯基控制的能源控股公司。

Frankfurt's DAX 40 index surged by 0.8% to 18,050 points on Friday, driven by gains in the tech sector following the release of positive quarterly results from US tech giants Microsoft and Alphabet. Meanwhile, investors eagerly awaited the release of PCE price inflation data from the US later today, seeking further cues on the timing of Federal Reserve interest rate cuts this year. Noteworthy among individual stocks, Thyssenkrupp soared by 9% after the German firm announced its intention to sell a 20% stake in its steel business to an energy holding controlled by Czech billionaire Daniel Kretinsky.