<p>来自 Gregor Stuart Hunter 的欧洲和全球市场前瞻。事实证明，英伟达的财报只能暂时压制市场的火焰。周四，华尔街科技股再次遭遇抛售，股市再次下跌，尽管有一些迹象表明抄底买家重新回归股市，但投资者信心依然受到重创。在日本财政大臣片山さつき明确威胁外汇市场可能会进行干预后，焦虑的交易员在周五保持警惕。这一威胁之前是期待已久的高达 1350 亿美元的刺激计划的宣布，该计划重创了日本国债和日元。随着日本央行面临更大压力，周五发布的数据表明，核心通胀在 10 月份加速上升，同比上涨 3.0%，远高于央行 2% 的目标。随着市场恐慌加剧，日元在干预传闻和投资者对避险资产的需求下对美元上涨 0.2%，至 157.19 日元，而日经指数（.N225）下跌 2.4%，本周累计下跌 3.5%。MSCI 亚太地区（不包括日本）股票的广泛指数（.MIAPJ0000PUS）下跌 2.5%，本周累计下跌 3.7%，为 4 月初解放日关税动荡以来的最大跌幅。欧洲市场在早盘交易中也有可能加入抛售行列。泛欧 Stoxx 50 期货（STXEc1）和德国 DAX 期货（FDXc1）各下跌 1.4%，FTSE 期货（FFIc1）下跌 1%。在商品市场，油价连续第三个交易日下跌，市场希望俄罗斯和乌克兰之间的和平协议即将达成。布伦特原油（LCOc1）下跌 1.3%，至每桶 62.54 美元。黄金（XAU=）下跌 0.7%，报每盎司 4,059.27 美元。另一个不安的迹象是，巴西 COP30 峰会举办地发生火灾，打断了谈判并引发了撤离，正当谈判代表们准备深入讨论以达成加强国际气候努力的协议时。</p>
<p>美国股指期货显示出一些反弹迹象，但仍远低于近期高点。标准普尔 500 指数迷你期货（ESc1）最后上涨 0.4%。</p>
<p>可能影响周五市场的关键发展：</p>
<p>经济数据：</p>
<p>英国：公共部门净借款（不包括银行）和 10 月份零售销售，11 月份快速 PMI</p>
<p>法国：11 月份商业气候制造业和 HCOB 快速 PMI</p>
<p>德国：11 月份 HCOB 快速 PMI</p>
<p>欧元区：11 月份 HCOB 快速 PMI</p>
<p>债务拍卖：</p>
<p>英国：1 个月、3 个月和 6 个月政府债务</p>
<p>英伟达的过山车 24 小时</p>
<p><img src="https://imageproxy.pbkrs.com/https://fingfx.thomsonreuters.com/gfx/mkt/klpyjdzogvg/NVDA.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://fingfx.thomsonreuters.com/gfx/mkt/klpyjdzogvg/NVDA.jpg"/></p>

<p>科技股再次下跌，影响全球市场。日本财政部长暗示可能进行外汇干预，同时宣布了 1350 亿美元的刺激计划，这对债券和日元产生了影响。日本核心通胀上升至 3.0%。欧洲市场预计将加入抛售行列。由于对俄乌和平的希望，油价下跌。巴西的 COP30 会议因火灾受到干扰。来自英国、法国、德国和欧元区的关键经济数据可能会影响市场</p>

<p>A look at the day ahead in European and global markets from Gregor Stuart Hunter It turns out Nvidia’s earnings could only smother the blaze on markets for so long. Stock markets are tumbling again after a renewed selloff in tech shares on Wall Street on Thursday, and even though there were some signs of dip-buyers creeping back into equities, investor confidence remains shot to pieces. Anxious traders are on alert on Friday after explicit threats from Japanese Finance Minister Satsuki Katayama that intervention in FX markets could be imminent. That preceded the long-awaited announcement of a lavish $135 billion stimulus from the Takaichi administration that pummelled Japanese government bonds and the yen. Adding to the pressure on the Bank of Japan, data released on Friday showed core inflation accelerated in October, rising 3.0% from a year earlier, firmly above the central bank’s 2% target. As panic gripped markets, the yen strengthened 0.2% against the dollar to 157.19 yen on the intervention talk and investor demand for safe havens, while the Nikkei (.N225) fell 2.4%, taking its loss for the week to 3.5%. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) tumbled 2.5% to bring its weekly loss to 3.7%, the biggest since the Liberation Day tariff turmoil in early April. European markets look set to join the selloff in early trading. Pan-region Euro Stoxx 50 futures (STXEc1) and German DAX futures (FDXc1) fell 1.4% apiece and FTSE futures (FFIc1) were off 1%. In commodities markets, oil prices fell for a third consecutive session on hopes that a peace deal between Russia and Ukraine could be near. Brent crude (LCOc1) fell 1.3% to $62.54 per barrel. Gold (XAU=) was trading 0.7% lower at $4,059.27 per ounce. And in another sign of distress, a fire broke out at the venue hosting the COP30 summit in Brazil, disrupting talks and triggering an evacuation just as negotiators were hunkering down to try to land a deal to strengthen international climate efforts.</p>
<div class="lb-trans"><p>来自 Gregor Stuart Hunter 的欧洲和全球市场前瞻。事实证明，英伟达的财报只能暂时压制市场的火焰。周四，华尔街科技股再次遭遇抛售，股市再次下跌，尽管有一些迹象表明抄底买家重新回归股市，但投资者信心依然受到重创。在日本财政大臣片山さつき明确威胁外汇市场可能会进行干预后，焦虑的交易员在周五保持警惕。这一威胁之前是期待已久的高达 1350 亿美元的刺激计划的宣布，该计划重创了日本国债和日元。随着日本央行面临更大压力，周五发布的数据表明，核心通胀在 10 月份加速上升，同比上涨 3.0%，远高于央行 2% 的目标。随着市场恐慌加剧，日元在干预传闻和投资者对避险资产的需求下对美元上涨 0.2%，至 157.19 日元，而日经指数（.N225）下跌 2.4%，本周累计下跌 3.5%。MSCI 亚太地区（不包括日本）股票的广泛指数（.MIAPJ0000PUS）下跌 2.5%，本周累计下跌 3.7%，为 4 月初解放日关税动荡以来的最大跌幅。欧洲市场在早盘交易中也有可能加入抛售行列。泛欧 Stoxx 50 期货（STXEc1）和德国 DAX 期货（FDXc1）各下跌 1.4%，FTSE 期货（FFIc1）下跌 1%。在商品市场，油价连续第三个交易日下跌，市场希望俄罗斯和乌克兰之间的和平协议即将达成。布伦特原油（LCOc1）下跌 1.3%，至每桶 62.54 美元。黄金（XAU=）下跌 0.7%，报每盎司 4,059.27 美元。另一个不安的迹象是，巴西 COP30 峰会举办地发生火灾，打断了谈判并引发了撤离，正当谈判代表们准备深入讨论以达成加强国际气候努力的协议时。</p>
</div><p>U.S. stock futures showed some sign of a rebound, but were still far below recent highs. S&amp;P 500 e-mini futures (ESc1) were last up 0.4%.</p>
<div class="lb-trans"><p>美国股指期货显示出一些反弹迹象，但仍远低于近期高点。标准普尔 500 指数迷你期货（ESc1）最后上涨 0.4%。</p>
</div><p>Key developments that could influence markets on Friday:</p>
<div class="lb-trans"><p>可能影响周五市场的关键发展：</p>
</div><p>Economic data:</p>
<div class="lb-trans"><p>经济数据：</p>
</div><p>UK: Public sector net borrowing ex-banks and retail sales for October, Flash PMI for November</p>
<div class="lb-trans"><p>英国：公共部门净借款（不包括银行）和 10 月份零售销售，11 月份快速 PMI</p>
</div><p>France: Business Climate Manufacturing and HCOB Flash PMI for November</p>
<div class="lb-trans"><p>法国：11 月份商业气候制造业和 HCOB 快速 PMI</p>
</div><p>Germany: HCOB Flash PMI for November</p>
<div class="lb-trans"><p>德国：11 月份 HCOB 快速 PMI</p>
</div><p>Euro zone: HCOB Flash PMI for November</p>
<div class="lb-trans"><p>欧元区：11 月份 HCOB 快速 PMI</p>
</div><p>Debt auctions:</p>
<div class="lb-trans"><p>债务拍卖：</p>
</div><p>UK: 1-month, 3-month and 6-month government debt</p>
<div class="lb-trans"><p>英国：1 个月、3 个月和 6 个月政府债务</p>
</div><p>Nvidia’s rollercoaster 24 hours</p>
<div class="lb-trans"><p>英伟达的过山车 24 小时</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://fingfx.thomsonreuters.com/gfx/mkt/klpyjdzogvg/NVDA.jpg" alt="" original-src="https://fingfx.thomsonreuters.com/gfx/mkt/klpyjdzogvg/NVDA.jpg"/></p>

MORNING BID EUROPE-Three-alarm fire as tech selloff resumes, Takaichi stimulus lands

- 欧洲和全球市场因科技股抛售再次下跌，投资者信心受挫。  
- 日本财务大臣威胁可能干预外汇市场，刺激政策导致日元贬值。  
- 英国、法国和德国将发布重要经济数据，市场关注债务拍卖情况。  

欧洲晨间简报——科技股抛售重启，三重警报，Takaichi 刺激措施出台