在巴黎，CAC 40指数周四上涨74点，涨幅0.94%。Eurofins Scientific SE（4.90%）、开云集团（4.09%）和欧莱雅（2.53%）领涨。跌幅最大的是意法半导体（-10.36%）和空中客车（-0.05%）。

In Paris, the CAC 40 Index gained 74 points or 0.94 percent on Thursday. Gains were led by Eurofins Scientific SE (4.90%), Kering (4.09%) and L'Oréal (2.53%). Biggest losers were STMicroelectronics (-10.36%) and Airbus (-0.05%).

CAC 40指数周四上涨0.9%，收于7942点，在欧洲央行将关键存款利率下调25个基点（自2024年6月以来的第五次下调）并表示可能进一步下调后，从连续三次下跌中反弹。欧洲央行在承认通货紧缩方面取得进展的同时，重申货币政策仍然具有限制性，并强调未来决策应采用数据驱动的方法。与此同时，最新数据显示，欧元区经济上个季度意外停滞，主要是由于德国和法国的收缩。法国的初步数据显示，2024年第四季度收缩了0.1%，扭转了上一季度0.4%的扩张，并违背了增长预期。在表现最好的公司中，赛诺菲在2024年第四季度报告销售额增长10.3%后上涨1.7%，而重量级企业欧莱雅、施耐德电气和法国巴黎银行的表现也优于其他公司，涨幅在1.5%至2%之间。相比之下，意法半导体在警告2025年第一季度销售额将进一步下降后暴跌10.7%。

The CAC 40 rose 0.9% to close at 7,942 on Thursday, rebounding from three consecutive losses after the ECB reduced the key deposit rate by 25bps, its fifth cut since June 2024, and indicated that further reductions could follow. While acknowledging progress in disinflation, the ECB reaffirmed that monetary policy remains restrictive and emphasized a data-driven approach to future decisions. Meanwhile, fresh data revealed that the Eurozone economy unexpectedly stalled last quarter, primarily due to contractions in Germany and France. Preliminary figures for France showed a 0.1% contraction in Q4 2024, reversing the previous quarter's 0.4% expansion and defying growth expectations. Among top performers, Sanofi gained 1.7% after reporting a 10.3% sales increase in Q4 2024, while heavyweights L'Oréal, Schneider Electric, and BNP Paribas also outperformed with gains between 1.5% and 2%. In contrast, STMicroelectronics plunged 10.7% after warning of further sales declines in Q1 2025.

法国10年期OAT收益率降至3.26%，为一周来最低，此前欧洲央行连续第四次降息，理由是通缩进程稳步进展，同时为进一步宽松政策敞开大门。与此同时，美联储周三暂停了降息周期，主席杰罗姆·鲍威尔预计通胀问题将取得进一步进展。在经济方面，欧洲第二大经济体法国在2024年第四季度收缩了0.1%，这是近三年来的首次下降，低于市场对停滞的预期。

France's 10-year OAT yield dropped to 3.26%, its lowest in a week, after the European Central Bank cut interest rates for a fourth consecutive time, citing steady progress in the disinflation process while keeping the door open for further easing. Meanwhile, the US Federal Reserve paused its rate cut cycle on Wednesday, with Chair Jerome Powell anticipating further progress on inflation. On the economic front, France, Europe’s second-largest economy, contracted by 0.1% in Q4 2024—its first decline in nearly three years—falling short of market expectations for stagnation.

12月法国消费者支出（月环比）高于预期（0.2%）：实际（0.7%）。12月法国消费者支出（月环比）高于预期（0.2%）：实际（0.7%）

France Consumer Spending (MoM) above expectations (0.2%) in December: Actual (0.7%).France Consumer Spending (MoM) above expectations (0.2%) in December: Actual (0.7%)