@ JIN10.COM 金十数据 | 一个交易工具 金十图示：2025年06月26日（周四）全球股市指数-欧洲市场（收盘） 西班牙 IBEX35 13813.5 -5.50 意大利富时 -0.04% MIB指数 ↑ 39357 +37.86 +0.10% ...

Market Performance Summary - The German DAX30 index closed on June 26 with an increase of 138.48 points, representing a rise of 0.59%, ending at 23646.43 points [1] - The UK FTSE 100 index closed on June 26 with an increase of 21.32 points, representing a rise of 0.24%, ending at 8740.07 points [1] - The French CAC40 index closed on June 26 with a decrease of 0.85 points, representing a decline of 0.01%, ending at 7557.31 points [1] - The European Stoxx 50 index closed on June 26 with a decrease of 8.86 points, representing a decline of 0.17%, ending at 5243.15 points [1] - The Spanish IBEX 35 index closed on June 26 with a decrease of 5.50 points, representing a decline of 0.04%, ending at 13813.50 points [1] - The Italian FTSE MIB index closed on June 26 with an increase of 37.86 points, representing a rise of 0.10%, ending at 39357.00 points [1]

Core Insights - The escalation of tensions in the Middle East has significantly impacted Europe's energy security, revealing structural issues in the EU's LNG strategy, including over-reliance on spot markets and neglect of local resource development [1][2] - The recent airstrikes by Israel on Iran have led to a surge in diesel, aviation fuel, and natural gas prices, with EU natural gas prices rising by 20% due to risks associated with the Strait of Hormuz, through which 20% of global LNG transport passes [1] - Despite the Middle East's direct contribution to EU gas supply being only about 10%, its critical role in the global LNG supply chain means that any substantial disruption could lead to significant price increases for European energy [1] LNG Market Dynamics - The current gas import structure of the EU is primarily pipeline gas from Norway, with LNG mainly sourced from the US, Russia (17.5%), Algeria (10.7%), and Qatar (10.4%) [1] - The EU's preference for flexible spot purchases over long-term contracts has weakened its long-term supply security, despite Qatar's commitment to long-term supply agreements [1][2] Strategic Challenges - Europe's energy policy is criticized for being overly idealistic, particularly in its absolute reliance on renewable energy, which overlooks the fundamental role of natural gas in both industrial and residential sectors [2] - The EU faces winter gas storage pressures, with current inventory levels lower than in the past two years, compounded by colder weather forecasts, leading to increased demand for gas procurement [2] Future Outlook - The EU's energy procurement costs are expected to remain significantly higher than those in the US, placing it at a competitive disadvantage in global manufacturing and industry [2] - The ongoing geopolitical tensions and the EU's lack of local gas development exacerbate its dependency on external sources, making it vulnerable to price fluctuations driven by geopolitical factors [2][3] - The future volatility of the European energy market and policy uncertainty will continue to affect the pricing of natural gas-related assets and the operational costs and profit outlook of energy companies [3]

裕信银行：欧洲央行预计将在9月完成降息周期 金十数据6月26日讯，裕信银行投资研究所的安德烈亚斯·里斯在一次网络研讨会上表示，预计欧洲央行 将在当前周期内再降息一次。据裕信银行经济学家预计，9月降息25个基点将使存款利率降至 1.75%，"基本上（降息）就结束了。"货币市场目前认为，下一次降息更有可能在10月。里斯表示，欧 洲经济增长料将"相当疲软"但不会大幅放缓，通胀率可能横向波动，徘徊在2%左右。 ...

Group 1 - The European Stoxx 600 index experienced a decline during the day [1]

Group 1 - The report by Dutch cooperative bank's forex strategist Jan Fowler indicates that the strengthening of the euro may lead the European Central Bank (ECB) to consider further interest rate cuts [1] - Despite the ECB signaling that its rate-cutting cycle may be nearing an end, a significant rise in the euro could sway decision-makers towards implementing additional cuts [1] - The strengthening euro poses challenges for European companies, which are already facing pressures from "tariff-related uncertainties" [1] Group 2 - The Dutch cooperative bank now forecasts that the EUR/USD exchange rate will reach 1.20 within 12 months, revising its previous estimate of 18 months to achieve this level [1]

金十数据6月26日讯，Shore Capital分析师杰米·默里表示，北约成员国在周三举行的年度峰会上达成的 新的国防支出目标，标志着欧洲国防股所经历的情绪驱动上涨行情达到顶峰。北约国家设定了一个新目 标，即到2035年将各自GDP的3.5%用于国防，并再将1.5%用于与安全相关的事项。默里表示，从此次 峰会开始，欧洲国防股的表现将由基本面驱动。他补充称，北约的支出激增为国防企业创造了强劲的增 长环境。 分析师：北约新国防支出目标标志着欧洲国防股上涨行情达到顶峰 ...

今日Ultima Markets为您带来了 2025年 6 月26日的欧元/美元深入分析。 地缘政治和贸易仍然是焦点 该货币对的上涨似乎受到最近宣布的中东停火协议的进一步乐观情绪的支撑，该协议是由特朗普总统促成的。 尽管该协议看起来脆弱，但似乎足以重新点燃风险相关领域的资金流入，最终促成了单一货币的近期涨幅。 在贸易方面，投资者表现出谨慎，因为他们关注即将到来的7月8日美国关税暂停的最后期限。与此同时，欧盟（EU）积极追求贸易协议，主要集中在与 伦敦的谈判上。 美联储-欧洲央行货币政策分歧依然存在 ·欧元/美元在周三接近1.1640区域的年度高点。 ·美国美元在收益率混合和美联储谨慎的情况下小幅回落。 ·鲍威尔主席在第二次国会证词中保持谨慎的语气。 周三，欧元（EUR）对美元（USD）保持了良好的建设性立场，促使欧元/美元连续第五天上涨，接近年初至今的高点约1.1640。 该货币对的上涨动能持续，因投资者评估中东地区缓解的紧张局势以及鲍威尔主席在国会第二次证词中的谨慎言论。 仍然围绕美联储，值得回顾的是，鲍威尔主席告知国会议员，较高的关税可能会在今夏开始推高通胀，这将是美联储考虑潜在降息的关键时刻。 此外，在 ...

金十图示：2025年06月26日（周四）全球股市指数-欧洲市场（盘初） @ JIN10.COM 金十数据 | 一个交易工具 西班牙 IBEX35 13883.5 +64.50 意大利富时 +0.47% MIB指数 + 39472 +152.86 +0.39% ...

欧洲股市开盘集体上涨，德国DAX30指数上涨0.47%，法国CAC40指数上涨0.38%，英国富时100指数下 跌0.13%，欧洲斯托克50指数上涨0.32%，西班牙IBEX35指数上涨0.21%，意大利富时MIB指数上涨 0.39%。 ...