10月13日 - 看一下安库尔·班吉对欧洲和全球市场的展望。由于中国正在迅速缩小技术差距的迹象，AI股票出现了严重抛售，这给市场蒙上了阴影，并凸显了AI交易的脆弱性，因为投资者仍然担心该行业的持续性和盈利能力。
Oct 13 - A look at the day ahead in European and global markets from Ankur Banerjee A steep rout in AI stocks on signs that China is swiftly closing the tech gap has cast a shadow over markets and brought to the fore the fragility of the AI trade as investors remain concerned about the durability and profitability of the sector. South Korea's tech-heavy KOSPI bore the brunt of the investor angst, sinking over 7% to its lowest since late July.
韩国科技股占比高的KOSPI指数承受了投资者焦虑的主要冲击，下跌超过7%，跌至7月下旬以来的最低点。此前，美国芯片制造股因中国竞争对手长鑫存储技术（CXMT）技术进步迅速的报道而下跌2.7%，引发了中国企业可能缩小技术差距的预期。
That came after US chipmakers slid 2.7% on reports of rapid tech progress by Chinese rival ChangXin Memory Technologies (CXMT) raising the prospect of Chinese firms closing the technology gap. Nobody's doubting AI demand.
没有人怀疑AI的需求。担忧的是谁能从中获利，这使得投资者在交易中变得不那么宽容，从而推动全球股票创下历史新高。
The worry is who gets paid for it and that has made investors far less forgiving in trading, which has propelled global stocks to record highs. Fears of concentration risks and concerns over how quickly the massive spending on AI infrastructure can provide returns have triggered selloffs in the stock markets this year.
对集中风险的担忧以及对AI基础设施巨额支出能多快回本的疑虑，今年触发了股市的抛售。
Meanwhile, the widening Middle East conflict has spread a risk-off mood, keeping Brent crude futures hovering near $106 a barrel.
与此同时，中东冲突的扩大蔓延了避险情绪，使布伦特原油期货价格徘徊在每桶106美元附近。这使得通胀担忧持续存在，并使得国债收益率维持在数十年来的高位，尽管周二国债获得了一些避险需求。
That's keeping inflation worries alive and holding bond yields near multi-decade highs although Treasuries found some safe-haven demand on Tuesday. The sombre mood is set to move to Europe with stock futures pointing to a lower open, with the focus also on luxury firms after LVMH reported weaker-than-expected third-quarter sales as a sharp deterioration in Chinese consumer mood hit demand for its flagship brands Louis Vuitton and Dior.
这种沉闷的氛围预计将转移到欧洲，股指期货指向低开，同时焦点也转向奢侈品公司，因为LVMH报告称第三季度销售额低于预期，原因是中国消费者情绪急剧恶化，影响了其旗下品牌路易威登和迪奥的需求。
Four of the six largest US lenders, JPMorgan Chase, Goldman Sachs, Citigroup and Wells Fargo, will report results later in the day.
美国六大银行中的四家——摩根大通、高盛、花旗和富国银行——将在当天晚些时候公布业绩。投资者将评估国债收益率最近飙升对整个行业的交易、贷款增长和融资成本的影响。可能影响周二市场的关键发展：德国9月通胀报告美国银行业绩
Investors will assess the impact of the recent surge in Treasury yields on dealmaking, lending growth and funding costs across the industry. Key developments that could influence markets on Tuesday: German September inflation report US Bank earnings