“黑天鹅”突袭！刚刚，欧洲股市大跳水！

Market Overview - European stock markets opened lower, with the German DAX index down 0.54%, the UK FTSE 100 down 0.5%, and the French CAC 40 down 1.31% [1] - The decline intensified, with the CAC 40 futures dropping over 2% at one point [1][2] - The Euro Stoxx 50 index fell by 1.2%, while the German DAX and UK FTSE 100 indices dropped by 0.85% and 0.8%, respectively [2] Key Drivers - Analysts attribute the market downturn primarily to political instability in France, as three major opposition parties announced they would not support Prime Minister François Bayrou's budget plan in a confidence vote scheduled for September 8 [1][6] - The French government faces significant challenges in securing majority support for its 2026 budget plan, which has been criticized by opposition parties [6][7] Individual Stock Movements - BNP Paribas saw its stock price decline by 4.7%, marking the largest drop within the CAC 40 index [1] - Deutsche Bank's stock fell by 6.3% [1] Bond Market Reaction - The French 10-year government bond yield rose by 9.3 basis points, reaching a daily high of 3.511%, nearing the March 6 peak of 3.631% [2] - The two-year French bond yield increased by 4.0 basis points, while the 30-year yield rose by 8.5 basis points to 4.393%, approaching the November 2011 peak of 4.522% [2] Global Market Impact - U.S. stock futures also weakened, with the US2000 index down by 0.43% [4] - The Hong Kong market experienced a significant drop, with the Hang Seng Index declining by over 1% [4] - The commodity markets saw declines, with COMEX copper dropping nearly 1% and Brent crude oil falling by 0.7% [4]