欧元/澳元 (EURAUD) 加自选

DAX指数周五微跌至21386点，略低于近期峰值，投资者在八天反弹后获利回吐。人们的注意力集中在正在进行的财报季、新的经济数据以及美国新政府的影响上。在国内数据方面，一项PMI快速调查显示，德国私营部门在1月份出现了意想不到的稳定迹象。与此同时，欧元区的商业活动有适度改善的迹象。在个股中，涨幅最大的包括Zalando（+2.7%）、巴斯夫（+2.6%）、西门子能源（+2.1%）和汽车公司，尤其是保时捷（+2.5%）、梅赛德斯-奔驰（+1.8%）和宝马（+1.7%）。本周，DAX指数上涨约2.3%。

The DAX finished marginally lower at 21,386 on Friday, just below recent peaks, as investors capitalized on gains after an eight-day rally. Attention was centered on the ongoing earnings season, new economic data, and the implications of the new US administration. On the domestic data front, a flash PMI survey showed Germany's private sector showed unexpected signs of stabilization in January. Meanwhile, there were modest signs of improvement in business activity in the eurozone. Among individual stocks, top gainers included Zalando (+2.7%), BASF (+2.6%), Siemens Energy (+2.1%) and auto companies, notably Porsche (+2.5%), Mercedes Benz (+1.8%) and BMW (+1.7%). For the week, the DAX added about 2.3%.

富时MIB周五收跌早盘涨幅，收于36200点，涨幅约0.2%，为一周来最高点，标志着第二个交易日的上涨。市场参与者继续评估美国总统唐纳德·特朗普在达沃斯世界经济论坛上的讲话，同时也在消化企业盈利和新的经济数据。根据采购经理人指数的初步调查，1月份欧元区的商业活动自2024年8月以来首次扩张，尽管增长非常温和。在米兰证券交易所，意大利银行Monte dei Paschi di Siena出人意料地宣布以133亿欧元收购规模更大的竞争对手Mediobanca，此举引发了两只股票的相反反应，并可能重塑该国的银行业。联合信贷银行（+0.5%）也上涨，首席执行官Andrea Orcel吹捧与Banco BPM的合并利益（+1.9%），并计划推进关于德国商业银行的谈判。本周，富时MIB指数下跌约0.2%。

The FTSE MIB pared early gains to close about 0.2% up at 36,200 on Friday, its highest in a week and marking the second session of advances. Market participants continued to assess US President Donald Trump's remarks at the World Economic Forum in Davos, while also digesting corporate earnings and fresh economic data. Business activity in the eurozone expanded in January for the first time since August 2024, though the growth was very modest, according to a preliminary PMI survey. On the Milan bourse, Italian lender Monte dei Paschi di Siena announced a surprise €13.3 billion takeover bid for larger rival Mediobanca, a move that sparked opposite reactions in the two stocks and could reshape the country's banking sector. Unicredit (+0.5%) also gained as CEO Andrea Orcel touted merger benefits with Banco BPM (+1.9%) and aimed to advance talks on Commerzbank. For the week, the FTSE MIB decreased about 0.2%.

欧洲股市周五收平，此前连续九个交易日上涨，市场评估了最新的企业发展以及特朗普总统时期与美国贸易壁垒的风险。斯托克50指数收平于5223点，为2000年以来的最高点，斯托克600指数下跌不到半点，收于530点，仍接近历史高点。奢侈品股涨幅最大，此前博柏利第四季度销售额强劲，LVMH、爱马仕、保乐力加和开云集团股价上涨4.3%至1%。与此同时，特朗普对主要贸易伙伴征收关税的温和言论推动汽车制造商反弹，宝马、梅赛德斯-奔驰、大众和Stellantis的涨幅在2%至1%之间。在欧元区以外，诺和诺德公司的一种减肥药取得了可喜的成果，股价飙升7%。另一方面，ASML以2%的跌幅结束了其动荡的一周。在数据方面，新的PMI数据表明欧洲经济活动略有复苏。

European stocks closed flat on Friday following nine consecutive sessions of gains as markets assessed the latest corporate developments and risks of trade barriers with the United States under President Trump. The STOXX 50 closed flat at 5,223, the highest since 2,000, and the STOXX 600 lost less than half a point to close at 530, remaining close to its record high. Luxury stocks were among the top gainers after Burberry posted strong sales in the fourth quarter, lifting LVMH, Hermes, Pernod Ricard, and Kering between 4.3% and 1%. In the meantime, Trump’s softer rhetoric on tariffs against major trading partners drove auto manufacturers to rebound, with BMW, Mercedes-Benz, Volkswagen, and Stellantis adding between 2% and 1%. Outside the Eurozone, Novo Nordisk soared 7% on promising results in one of its weight-loss drugs. On the other hand, ASML capped its volatile week with a 2% drop. On the data front, fresh PMI figures indicated a slight recovery for European economic activity.

CAC 40指数周五上涨0.4%，收于7970点，连续第九个交易日上涨，并保持在七个多月来的最高水平，这得益于奢侈品股的大幅上涨，而美国总统唐纳德·特朗普呼吁立即降低利率并敦促其他国家效仿，这提振了风险资产。开云集团飙升4.5%，路威酩轩集团上涨1.9%，爱马仕上涨0.9%，欧莱雅上涨1.1%。博柏利的销售业绩好于预期，特朗普在关税问题上的软化立场进一步支持了这一反弹，因为他表示倾向于不对中国征收关税。在经济方面，法国制造业活动在2025年1月以较慢的速度收缩，而服务业则略有下滑。本周，巴黎证交所录得2.7%的强劲涨幅，标志着连续第三周大幅上涨。

The CAC 40 climbed 0.4% to close at 7,970 on Friday, marking its ninth consecutive session of gains and remaining at its highest level in over seven months, driven by significant gains in luxury stocks, while U.S. President Donald Trump’s call for an immediate reduction in interest rates and urging other countries to follow suit boosted risk assets. Kering surged 4.5% , while LVMH advanced 1.9%, Hermès gained 0.9%, and L'Oréal rose 1.1%. The rally was bolstered by Burberry's better-than-expected sales results, further supported by Trump’s softened stance on tariffs, as he indicated a preference not to use tariffs against China. On the economic front, French manufacturing activity contracted at a slower pace in January 2025, while the services sector experienced a slight downturn. For the week, the Paris exchange recorded strong gains of 2.7%, marking its third consecutive week of sharp increases.