{"id":30067,"date":"2026-02-27T13:14:49","date_gmt":"2026-02-27T13:14:49","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/%e9%81%93%e6%98%8e%e8%af%81%e5%88%b8%e9%a2%84%e8%ae%a1%ef%bc%8c%e5%9c%b0%e7%bc%98%e6%94%bf%e6%b2%bb%e4%b8%8e%e7%be%8e%e5%9b%bd%e6%95%b0%e6%8d%ae%e5%b0%86%e6%94%af%e6%92%91%e7%be%8e%e5%85%83%ef%bc%8c\/"},"modified":"2026-02-27T13:14:49","modified_gmt":"2026-02-27T13:14:49","slug":"%e9%81%93%e6%98%8e%e8%af%81%e5%88%b8%e9%a2%84%e8%ae%a1%ef%bc%8c%e5%9c%b0%e7%bc%98%e6%94%bf%e6%b2%bb%e4%b8%8e%e7%be%8e%e5%9b%bd%e6%95%b0%e6%8d%ae%e5%b0%86%e6%94%af%e6%92%91%e7%be%8e%e5%85%83%ef%bc%8c","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/live-updates\/%e9%81%93%e6%98%8e%e8%af%81%e5%88%b8%e9%a2%84%e8%ae%a1%ef%bc%8c%e5%9c%b0%e7%bc%98%e6%94%bf%e6%b2%bb%e4%b8%8e%e7%be%8e%e5%9b%bd%e6%95%b0%e6%8d%ae%e5%b0%86%e6%94%af%e6%92%91%e7%be%8e%e5%85%83%ef%bc%8c\/","title":{"rendered":"\u9053\u660e\u8bc1\u5238\u9884\u8ba1\uff0c\u5730\u7f18\u653f\u6cbb\u4e0e\u7f8e\u56fd\u6570\u636e\u5c06\u652f\u6491\u7f8e\u5143\uff0c\u7f8e\u5143\u5c06\u8dd1\u8d62\u6b27\u5143\u548c\u6fb3\u5143\uff1bG10\u8d27\u5e01\u7a7a\u5934\u7b56\u7565"},"content":{"rendered":"TD Securities \u9884\u8ba1\uff0c\u7531\u4e8e\u4e0e\u4f0a\u6717\u76f8\u5173\u7684\u5730\u7f18\u653f\u6cbb\u98ce\u9669\u4ee5\u53ca\u7f8e\u56fd\u6570\u636e\u5f3a\u52b2\uff0c\u7f8e\u5143\u77ed\u671f\u5185\u4ecd\u4f1a\u5f97\u5230\u652f\u6491\u3002\u5b83\u9884\u8ba1\uff0c\u7f8e\u5143\u76f8\u5bf9\u6b27\u5143\u3001\u6fb3\u5143\u4ee5\u53ca\u5176\u4ed6 G10 \u8d27\u5e01\u4f1a\u4fdd\u6301\u504f\u5f3a\uff0c\u56e0\u4e3a\u8fd9\u4e9b\u8d27\u5e01\u5bf9\u7f8e\u5143\u7684\u201c\u505a\u7a7a\u4ed3\u4f4d\u201d\u5f88\u62e5\u6324\uff08\u5f88\u591a\u4eba\u62bc\u6ce8\u7f8e\u5143\u4e0b\u8dcc\uff0c\u5bb9\u6613\u5f15\u53d1\u56de\u8865\uff09\u3002\n\n\u8be5\u516c\u53f8\u8868\u793a\uff0c\u56f4\u7ed5\u4f0a\u6717\u7684\u4e0d\u786e\u5b9a\u6027\u4ee5\u53ca\u53d1\u751f\u201c\u5b9a\u70b9\u6253\u51fb\u201d\u7684\u98ce\u9669\uff0c\u53ef\u80fd\u4f1a\u8ba9\u5e02\u573a\u7ee7\u7eed\u628a\u7f8e\u5143\u5f53\u4f5c\u201c\u907f\u9669\u8d27\u5e01\u201d\uff08\u98ce\u9669\u4e0a\u5347\u65f6\u66f4\u613f\u610f\u6301\u6709\u7684\u8d27\u5e01\uff09\u3002\u5b83\u8fd8\u6307\u51fa\uff0c\u4e00\u9879\u5173\u4e8e IEEPA\uff08\u300a\u56fd\u9645\u7d27\u6025\u7ecf\u6d4e\u6743\u529b\u6cd5\u300b\uff1a\u7f8e\u56fd\u5728\u7d27\u6025\u72b6\u6001\u4e0b\u5bf9\u5916\u7ecf\u6d4e\u63aa\u65bd\u7684\u6cd5\u5f8b\u4f9d\u636e\uff09\u88c1\u51b3\u5f15\u53d1\u7684\u540e\u7eed\u5f71\u54cd\u53ef\u80fd\u9700\u8981\u65f6\u95f4\u624d\u80fd\u89e3\u51b3\uff0c\u56e0\u6b64\u5e02\u573a\u6ce8\u610f\u529b\u4ecd\u4f1a\u653e\u5728\u5730\u7f18\u653f\u6cbb\u548c\u7f8e\u56fd\u6570\u636e\u4e0a\u3002\n\n<h3>\u77ed\u671f\u7f8e\u5143\u652f\u6491<\/h3>\n\u5176\u9ad8\u9891\u516c\u5141\u4ef7\u503c\u6a21\u578b\uff08HFFV\uff1a\u7528\u66f4\u9ad8\u9891\u7684\u5e02\u573a\u4e0e\u7ecf\u6d4e\u6570\u636e\u4f30\u7b97\u201c\u5408\u7406\u6c47\u7387\u6c34\u5e73\u201d\u7684\u6a21\u578b\uff09\u548c\u4ed3\u4f4d\u6307\u6807\uff08\u8861\u91cf\u5e02\u573a\u591a\u7a7a\u62bc\u6ce8\u5f3a\u5f31\u7684\u6570\u636e\uff09\u663e\u793a\uff0c\u5e02\u573a\u60c5\u7eea\u504f\u5411\u770b\u7a7a\u7f8e\u5143\u3002\u5b83\u8ba4\u4e3a\uff0c\u5982\u679c\u7d27\u5f20\u5c40\u52bf\u5347\u6e29\uff0c\u6216\u4e00\u5b63\u5ea6\u7f8e\u56fd\u6570\u636e\u7684\u201c\u5b63\u8282\u6027\u201d\u5f71\u54cd\u964d\u4f4e\u5e02\u573a\u5bf9\u7f8e\u8054\u50a8\u964d\u606f\u7684\u9884\u671f\uff08\u5b63\u8282\u6027\uff1a\u6bcf\u5e74\u56fa\u5b9a\u65f6\u671f\u5e38\u89c1\u7684\u7edf\u8ba1\u6ce2\u52a8\uff09\uff0c\u7f8e\u5143\u53ef\u80fd\u53cd\u5f39\u3002\n\n\u4ece\u4e2d\u671f\u5230\u66f4\u957f\u671f\uff0cTD Securities \u4ecd\u7ef4\u6301\u770b\u7a7a\u7f8e\u5143\u7684\u89c2\u70b9\u81f3 2026 \u5e74\uff0c\u5e76\u9884\u6d4b BBDXY\uff08\u7f8e\u5143\u6307\u6570\u7684\u4e00\u79cd\u53e3\u5f84\uff1a\u7528\u4e00\u7bee\u5b50\u8d27\u5e01\u8861\u91cf\u7f8e\u5143\u5f3a\u5f31\u7684\u6307\u6570\uff09\u5c06\u7f13\u6162\u8d70\u4f4e\u3002\u5b83\u66f4\u504f\u597d\u5728\u7f8e\u5143\u53cd\u5f39\u65f6\u5356\u51fa\u7f8e\u5143\uff0c\u7406\u7531\u662f\u7f8e\u56fd\u7ecf\u6d4e\u589e\u957f\u4e0e\u5229\u7387\u6c34\u5e73\u9884\u8ba1\u5c06\u9010\u6b65\u5411\u5168\u7403\u9760\u62e2\uff08\u201c\u6536\u655b\u201d\uff1a\u5dee\u8ddd\u7f29\u5c0f\uff09\uff0c\u540c\u65f6\u7f8e\u5143\u7684\u907f\u9669\u5438\u5f15\u529b\u4e0b\u964d\u3002\n\n\u5728\u65b0\u5174\u5e02\u573a\u65b9\u9762\uff0c\u5b83\u63d0\u5230\u53ef\u4ee5\u9009\u62e9\u6027\u505a\u201c\u5229\u5dee\u4ea4\u6613\u201d\uff08carry\uff1a\u501f\u5165\u4f4e\u5229\u7387\u8d27\u5e01\u3001\u4e70\u5165\u9ad8\u5229\u7387\u8d27\u5e01\u4ee5\u8d5a\u53d6\u5229\u606f\u5dee\uff09\u4e8e\u5df4\u897f\u96f7\u4e9a\u5c14\uff08BRL\uff09\u548c\u5357\u975e\u5170\u7279\uff08ZAR\uff09\uff0c\u5e76\u8ba4\u4e3a\u667a\u5229\u6bd4\u7d22\uff08CLP\uff09\u3001\u97e9\u5143\uff08KRW\uff09\u3001\u65b0\u53f0\u5e01\uff08TWD\uff09\u548c\u4eba\u6c11\u5e01\uff08CNY\uff09\u5b58\u5728\u4f30\u503c\u673a\u4f1a\uff08\u201c\u4ef7\u503c\u201d\uff1a\u4ef7\u683c\u76f8\u5bf9\u57fa\u672c\u9762\u504f\u4fbf\u5b9c\uff09\u3002\n\n2026-02-26T14:46:50.056Z\n\n<h3>\u4e2d\u671f\u7b56\u7565<\/h3>\n\u5728\u672a\u6765\u51e0\u5468\u5185\uff0c\u6211\u4eec\u8ba4\u4e3a\uff0c\u6301\u7eed\u7684\u4f0a\u6717\u5730\u7f18\u653f\u6cbb\u4e0d\u786e\u5b9a\u6027\u4e0e\u7f8e\u56fd\u56fd\u5185\u6570\u636e\u5f3a\u52b2\u5c06\u652f\u6491\u7f8e\u5143\u3002\u6700\u65b0\u7684 2026 \u5e74 1 \u6708\u975e\u519c\u5c31\u4e1a\uff08Non-Farm Payrolls\uff1a\u7f8e\u56fd\u6bcf\u6708\u65b0\u589e\u5c31\u4e1a\u4eba\u6570\uff0c\u5e38\u7528\u6765\u8861\u91cf\u5c31\u4e1a\u4e0e\u7ecf\u6d4e\u70ed\u5ea6\uff09\u6570\u636e\u4e3a +215,000\uff0c\u9ad8\u4e8e\u9884\u671f\uff0c\u8868\u660e\u7f8e\u8054\u50a8\u53ef\u80fd\u63a8\u8fdf\u964d\u606f\u3002\u8fd9\u79cd\u73af\u5883\u652f\u6301\u77ed\u7ebf\u770b\u591a\u601d\u8def\uff0c\u4f8b\u5982\u4e70\u5165\u7f8e\u5143\u6307\u6570\uff08DXY\uff1a\u6700\u5e38\u7528\u7684\u7f8e\u5143\u6307\u6570\uff0c\u7528\u4e00\u7bee\u5b50\u4e3b\u8981\u8d27\u5e01\u8861\u91cf\u7f8e\u5143\u5f3a\u5f31\uff09\u7684\u201c\u8fd1\u671f\u5230\u671f\u770b\u6da8\u671f\u6743\u201d\uff08call option\uff1a\u5728\u5230\u671f\u524d\u6309\u7ea6\u5b9a\u4ef7\u683c\u4e70\u5165\u7684\u6743\u5229\uff09\uff0c\u6216\u4e70\u5165\u6b27\u5143\u4e0e\u6fb3\u5143\u7684\u201c\u770b\u8dcc\u671f\u6743\u201d\uff08put option\uff1a\u5728\u5230\u671f\u524d\u6309\u7ea6\u5b9a\u4ef7\u683c\u5356\u51fa\u7684\u6743\u5229\uff09\u3002\n\n\u5e02\u573a\u4ed3\u4f4d\u4f3c\u4e4e\u4e25\u91cd\u505a\u7a7a\u7f8e\u5143\uff0c\u8fd9\u4f1a\u5728\u4ed3\u4f4d\u88ab\u5e73\u6389\u65f6\u5e26\u6765\u6280\u672f\u6027\u53cd\u5f39\u7684\u53ef\u80fd\uff08\u6280\u672f\u6027\u53cd\u5f39\uff1a\u4e3b\u8981\u7531\u4ea4\u6613\u4e0e\u4ed3\u4f4d\u53d8\u5316\u63a8\u52a8\uff0c\u4e0d\u4e00\u5b9a\u6765\u81ea\u57fa\u672c\u9762\u53d8\u5316\uff09\u3002\u6211\u4eec\u5728 2025 \u5e74\u7b2c\u4e09\u5b63\u5ea6\u770b\u5230\u7c7b\u4f3c\u60c5\u51b5\uff1a\u6295\u673a\u8005\u56e0\u7f8e\u56fd\u589e\u957f\u6bd4\u9884\u671f\u66f4\u5f3a\u800c\u62bc\u9519\u65b9\u5411\uff0c\u88ab\u8feb\u8fc5\u901f\u56de\u8865\uff0c\u63a8\u52a8\u7f8e\u5143\u5feb\u901f\u4e0a\u6da8\u3002\u5bf9\u505a\u884d\u751f\u54c1\uff08derivatives\uff1a\u4ef7\u503c\u6765\u81ea\u6807\u7684\u8d44\u4ea7\u4ef7\u683c\u53d8\u5316\u7684\u91d1\u878d\u5de5\u5177\uff0c\u5982\u671f\u6743\u3001\u8fdc\u671f\u3001\u671f\u8d27\uff09\u4ea4\u6613\u7684\u4eba\u6765\u8bf4\uff0c\u8fd9\u610f\u5473\u7740\u76f4\u63a5\u505a\u7a7a\u7f8e\u5143\u5728\u77ed\u671f\u5185\u9762\u4e34\u88ab\u201c\u6324\u4ed3\u201d\uff08squeeze\uff1a\u5e02\u573a\u53cd\u5411\u6ce2\u52a8\u8feb\u4f7f\u6301\u4ed3\u8005\u88ab\u52a8\u5e73\u4ed3\uff0c\u653e\u5927\u884c\u60c5\uff09\u7684\u98ce\u9669\u3002\n\n\u4e0d\u8fc7\uff0c\u8fd9\u79cd\u9884\u671f\u7684\u8d70\u5f3a\u66f4\u9002\u5408\u88ab\u770b\u4f5c\u4e2d\u957f\u671f\u7684\u5356\u51fa\u673a\u4f1a\u3002\u7f8e\u5143\u5728 2026 \u5e74\u7684\u4e3b\u8d8b\u52bf\u4ecd\u504f\u5f31\uff0c\u56e0\u6b64\u8fd9\u8f6e\u53cd\u5f39\u4e3a\u5efa\u7acb\u7ed3\u6784\u6027\u505a\u7a7a\uff08\u7ed3\u6784\u6027\uff1a\u57fa\u4e8e\u8f83\u957f\u671f\u7684\u57fa\u672c\u9762\u5224\u65ad\uff09\u63d0\u4f9b\u66f4\u597d\u7684\u5165\u573a\u4f4d\u7f6e\u3002\u53ef\u4ee5\u8003\u8651\u5356\u51fa\u201c\u865a\u503c\u7f8e\u5143\u770b\u6da8\u671f\u6743\u201d\uff08out-of-the-money\uff1a\u884c\u6743\u4ef7\u76f8\u5bf9\u5f53\u524d\u4ef7\u683c\u66f4\u4e0d\u5229\u3001\u4f46\u6743\u5229\u91d1\u8f83\u4f4e\uff09\uff0c\u5230\u671f\u653e\u5728\u4e0b\u534a\u5e74\uff0c\u6216\u9010\u6b65\u4e70\u5165\u66f4\u957f\u671f\u9650\u7684\u201c\u770b\u8dcc\u671f\u6743\u201d\u3002\n\n\u7f8e\u5143\u9884\u671f\u8d70\u5f31\u7684\u6839\u672c\u539f\u56e0\uff0c\u662f\u7f8e\u56fd\u4e0e\u5168\u7403\u7ecf\u6d4e\u8868\u73b0\u7684\u5dee\u8ddd\u5728\u7f29\u5c0f\u3002\u4f8b\u5982\uff0c\u6b27\u5143\u533a\u6700\u65b0 PMI\uff08\u91c7\u8d2d\u7ecf\u7406\u6307\u6570\uff1a\u901a\u8fc7\u4f01\u4e1a\u8c03\u67e5\u53cd\u6620\u666f\u6c14\u7a0b\u5ea6\uff0c\u5e38\u7528\u4f5c\u7ecf\u6d4e\u9886\u5148\u6307\u6807\uff09\u6570\u636e\u663e\u793a\u660e\u663e\u6539\u5584\uff0c\u800c\u7f8e\u56fd\u901a\u80c0\u7ee7\u7eed\u964d\u6e29\uff0c\u6700\u65b0\u5e74\u7387\u4e3a 2.4%\u3002\u968f\u7740\u5176\u4ed6\u592e\u884c\u7684\u653f\u7b56\u7acb\u573a\u9010\u6e10\u63a5\u8fd1\u7f8e\u8054\u50a8\uff0c\u7f8e\u5143\u7684\u201c\u6536\u76ca\u7387\u4f18\u52bf\u201d\uff08\u66f4\u9ad8\u5229\u7387\u5e26\u6765\u7684\u5438\u5f15\u529b\uff09\u5c06\u88ab\u524a\u5f31\u3002\n\n\u9664\u4e3b\u8981\u8d27\u5e01\u5916\uff0c\u90e8\u5206\u65b0\u5174\u5e02\u573a\u56e0\u9ad8\u5229\u7387\u63d0\u4f9b\u66f4\u6709\u5438\u5f15\u529b\u7684\u5229\u5dee\u673a\u4f1a\u3002\u5df4\u897f\u592e\u884c\u4e0a\u6708\u5c06 Selic\uff08\u5df4\u897f\u57fa\u51c6\u5229\u7387\uff09\u7ef4\u6301\u5728 9.5%\uff0c\u5229\u5dee\u4ecd\u6709\u5438\u5f15\u529b\uff0c\u9002\u5408\u5229\u5dee\u4ea4\u6613\u3002\u884d\u751f\u54c1\u4ea4\u6613\u8005\u53ef\u4ee5\u4f7f\u7528\u5916\u6c47\u8fdc\u671f\uff08currency forwards\uff1a\u7ea6\u5b9a\u672a\u6765\u4ee5\u56fa\u5b9a\u6c47\u7387\u5151\u6362\u7684\u5408\u7ea6\uff09\u9501\u5b9a\u8f83\u6709\u5229\u7684\u6c47\u7387\uff0c\u6216\u7528\u671f\u6743\u8bbe\u8ba1\u4ece\u9ad8\u5229\u7387\u8d27\u5e01\uff08\u5982\u5df4\u897f\u96f7\u4e9a\u5c14\u6216\u5357\u975e\u5170\u7279\uff09\u6536\u76ca\u7684\u4ea4\u6613\u7ed3\u6784\u3002\n<p>\r\n\r\n<p><strong>\u7acb\u5373\u5f00\u59cb\u4ea4\u6613 &#8211; \u70b9\u51fb<a href=\"https:\/\/www.vtmarketsmy.com\/cn\/trade-now\/\">\u8fd9\u91cc<\/a>\u521b\u5efa\u60a8\u7684 VT Markets \u771f\u5b9e\u8d26\u6237 <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\u4f0a\u6717\u98ce\u9669\u53e0\u52a0\u5f3a\u52b2\u7f8e\u6570\u636e\uff0c\u7f8e\u5143\u77ed\u7ebf\u4ecd\u5f3a\uff0c\u6b27\u5143\u6fb3\u5143\u7b49\u56e0\u62e5\u6324\u505a\u7a7a\u6613\u56de\u8865\u63a8\u5347\u3002\u63d0\u793a\uff1a\u53cd\u5f39\u6216\u662f\u4e2d\u957f\u671f\u505a\u7a7a\u5165\u573a\u70b9\uff0c2026\u8d8b\u52bf\u504f\u5f31\u3002<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[129],"tags":[],"class_list":["post-30067","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/30067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/comments?post=30067"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/30067\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=30067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=30067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=30067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}