{"id":31142,"date":"2026-03-12T12:51:12","date_gmt":"2026-03-12T12:51:12","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%e6%be%b3%e6%b4%b2%e8%81%94%e5%82%a8%e5%b0%86%e4%b8%a4%e5%ba%a6%e5%8a%a0%e6%81%af%ef%bc%8c%e6%8a%8a%e7%8e%b0%e9%87%91%e5%88%a9%e7%8e%87%e6%81%a2\/"},"modified":"2026-03-12T12:51:12","modified_gmt":"2026-03-12T12:51:12","slug":"%e9%81%93%e6%98%8e%e8%af%81%e5%88%b8%e9%a2%84%e8%ae%a1%e6%be%b3%e6%b4%b2%e8%81%94%e5%82%a8%e5%b0%86%e4%b8%a4%e5%ba%a6%e5%8a%a0%e6%81%af%ef%bc%8c%e6%8a%8a%e7%8e%b0%e9%87%91%e5%88%a9%e7%8e%87%e6%81%a2","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%e6%be%b3%e6%b4%b2%e8%81%94%e5%82%a8%e5%b0%86%e4%b8%a4%e5%ba%a6%e5%8a%a0%e6%81%af%ef%bc%8c%e6%8a%8a%e7%8e%b0%e9%87%91%e5%88%a9%e7%8e%87%e6%81%a2\/","title":{"rendered":"\u9053\u660e\u8bc1\u5238\u9884\u8ba1\u6fb3\u6d32\u8054\u50a8\u5c06\u4e24\u5ea6\u52a0\u606f\uff0c\u628a\u73b0\u91d1\u5229\u7387\u6062\u590d\u81f34.35%\uff0c\u652f\u6491\u6fb3\u5143"},"content":{"rendered":"TD Securities \u9884\u6d4b\uff0c\u6fb3\u6d32\u50a8\u5907\u94f6\u884c\uff08RBA\uff0c\u6fb3\u5927\u5229\u4e9a\u592e\u884c\uff09\u5c06\u57283\u6708\u628a\u5b98\u65b9\u73b0\u91d1\u5229\u7387\uff08cash rate\uff0c\u6fb3\u6d32\u592e\u884c\u7684\u653f\u7b56\u5229\u7387\u57fa\u51c6\uff09\u4e0a\u8c0325\u4e2a\u57fa\u70b9\uff08bps\uff0c1\u4e2a\u57fa\u70b9=0.01\u4e2a\u767e\u5206\u70b9\uff09\uff0c\u5e76\u57285\u6708\u518d\u52a0\u606f25\u4e2a\u57fa\u70b9\u3002\u8fd9\u6837\u5c06\u62b5\u6d88\u53bb\u5e74\u964d\u606f\u7684\u5e45\u5ea6\uff0c\u5e76\u57285\u6708\u628a\u73b0\u91d1\u5229\u7387\u5e26\u56de4.35%\u3002\n\n\u5176\u7406\u7531\u5305\u62ec\uff1a\u56fd\u5185\u751f\u4ea7\u603b\u503c\uff08GDP\uff0c\u8861\u91cf\u7ecf\u6d4e\u589e\u957f\u7684\u603b\u4ea7\u51fa\uff09\u589e\u901f\u9ad8\u4e8e\u6f5c\u5728\u589e\u901f\uff08potential\uff0c\u7ecf\u6d4e\u5728\u4e0d\u63a8\u9ad8\u901a\u80c0\u4e0b\u53ef\u6301\u7eed\u7684\u589e\u957f\u901f\u5ea6\uff09\u3001\u52b3\u52a8\u529b\u5e02\u573a\u7d27\u5f20\uff08tight labour market\uff0c\u5c31\u4e1a\u9700\u6c42\u5f3a\u3001\u62db\u5de5\u96be\uff09\u3001\u901a\u80c0\u98ce\u9669\u4e0a\u5347\u3002\u653f\u7b56\u91cd\u70b9\u88ab\u5f62\u5bb9\u4e3a\u66f4\u504f\u5411\u7a33\u4f4f\u901a\u80c0\u9884\u671f\uff08inflation expectations\uff0c\u4f01\u4e1a\u4e0e\u5bb6\u5ead\u5bf9\u672a\u6765\u7269\u4ef7\u7684\u770b\u6cd5\uff0c\u4f1a\u5f71\u54cd\u52a0\u85aa\u4e0e\u5b9a\u4ef7\uff09\u800c\u4e0d\u662f\u5931\u4e1a\u3002\n\n<h3>\u6fb3\u6d32\u9700\u6c42\u4fe1\u53f7\u4ecd\u7a33<\/h3>\n\u6807\u666e\u5168\u7403\uff08S&#038;P Global\uff09\u7684\u7efc\u5408\u65b0\u8ba2\u5355\uff08Composite New Orders\uff09\u6570\u636e\u663e\u793a\uff0c\u6fb3\u6d32\u65b0\u8ba2\u5355\u5728\u6269\u5f20\uff0c\u8bfb\u6570\u9ad8\u4e8e50\uff08\u6307\u6570\u9ad8\u4e8e50\u4ee3\u8868\u6269\u5f20\uff0c\u4f4e\u4e8e50\u4ee3\u8868\u6536\u7f29\uff09\uff0c\u5e76\u4e14\u5728\u53d1\u8fbe\u5e02\u573a\u540c\u4e1a\u4e2d\u6700\u9ad8\u3002\u6fb3\u6d32\u56fd\u6c11\u94f6\u884c\uff08NAB\uff092\u6708\u5546\u4e1a\u8c03\u67e5\u663e\u793a\uff0c\u524d\u77bb\u8ba2\u5355\uff08forward orders\uff0c\u53cd\u6620\u672a\u6765\u8ba2\u5355\u7684\u9886\u5148\u6307\u6807\uff09\u5904\u4e8e2022\u5e74\u672b\u4ee5\u6765\u6700\u9ad8\u3002\n\n\u6587\u7ae0\u6307\u51fa\u7ecf\u6d4e\u53ef\u7528\u4ea7\u80fd\u4e0d\u591a\uff08spare capacity\uff0c\u95f2\u7f6e\u8d44\u6e90\u5982\u4eba\u624b\u4e0e\u673a\u5668\u4e0d\u591a\uff09\uff0c\u800c\u201c\u975e\u52a0\u901f\u901a\u80c0\u5931\u4e1a\u7387\u201d\uff08NAIRU\uff0c\u5931\u4e1a\u7387\u5904\u5728\u8be5\u6c34\u5e73\u65f6\u901a\u80c0\u4e0d\u4f1a\u56e0\u5c31\u4e1a\u8fc7\u70ed\u800c\u52a0\u901f\uff09\u4f30\u7b97\u5dee\u5f02\u5f88\u5927\u3002\u6587\u4e2d\u5f15\u8ff0\u8d22\u653f\u90e8\u4f30\u8ba1\u4e3a4.25%\uff0c\u5e76\u5f15\u8ff0RBA\u5728\u7ecf\u6d4e\u7acb\u6cd5\u59d4\u5458\u4f1a\uff08Economics Legislation Committee\uff0c\u56fd\u4f1a\u542c\u8bc1\/\u8d28\u8be2\u673a\u5236\uff09\u4f5c\u8bc1\u65f6\u63d0\u5230\u76844.6%\u3002\n\n\u6587\u4e2d\u4e5f\u63d0\u5230\uff0c\u56fd\u5185\u6570\u636e\u53d8\u5316\u4e0e\u4f0a\u6717\u76f8\u5173\u4e8b\u4ef6\u53ef\u80fd\u5f71\u54cd\u901a\u80c0\u524d\u666f\u3002\u8fd1\u671f\u6570\u636e\u63d0\u4f9b\u4e86\u504f\u5411\u901a\u80c0\u4e0a\u884c\u7684\u4fe1\u606f\uff0c\u5e76\u5f3a\u5316\u201c\u7ecf\u6d4e\u95f2\u7f6e\u4ea7\u80fd\u6709\u9650\u201d\u7684\u5224\u65ad\u3002\n\n<h3>\u5bf9\u5229\u7387\u6ce2\u52a8\u4e0e\u5916\u6c47\u4ea4\u6613\u7684\u5f71\u54cd<\/h3>\n\u6fb3\u6d32\u7ecf\u6d4e\u518d\u6b21\u51fa\u73b0\u8fc7\u70ed\u8ff9\u8c61\u30023\u6708 Judo Bank \u9884\u89c8\u503c\u7efc\u5408\u91c7\u8d2d\u7ecf\u7406\u4eba\u6307\u6570\uff08Flash Composite PMI\uff0c\u91c7\u8d2d\u7ecf\u7406\u4eba\u8c03\u67e5\u7684\u63d0\u524d\u8bfb\u6570\uff1b\u9ad8\u4e8e50\u4ee3\u8868\u7ecf\u6d4e\u6d3b\u52a8\u6269\u5f20\uff09\u62a552.4\uff0c\u663e\u793a\u4f01\u4e1a\u6d3b\u52a8\u4e0e\u8ba2\u5355\u4ecd\u5728\u6269\u5f20\u3002\u52b3\u52a8\u529b\u5e02\u573a\u4f9d\u7136\u7d27\uff0c\u6700\u65b0\u5931\u4e1a\u7387\u7ef4\u6301\u57283.9%\u7684\u4f4e\u4f4d\u3002\n\n\u8fd9\u4f1a\u5e26\u6765\u65b0\u7684\u901a\u80c0\u538b\u529b\u3002\u6700\u65b0\u5b63\u5ea6\u6d88\u8d39\u8005\u7269\u4ef7\u6307\u6570\uff08CPI\uff0c\u8861\u91cf\u901a\u80c0\u7684\u6307\u6807\uff09\u62a53.8%\uff0c\u660e\u663e\u52a0\u5feb\uff0c\u4ecd\u9ad8\u4e8eRBA 2%-3%\u7684\u76ee\u6807\u533a\u95f4\u3002\u6570\u636e\u53cd\u6620\u7ecf\u6d4e\u51e0\u4e4e\u6ca1\u6709\u7a7a\u95f4\u53bb\u5438\u6536\u6210\u672c\u4e0e\u4ef7\u683c\u538b\u529b\u3002\n\n\u5bf9\u884d\u751f\u54c1\u4ea4\u6613\u5458\uff08derivative traders\uff0c\u4ea4\u6613\u671f\u8d27\u3001\u671f\u6743\u3001\u5229\u7387\u6389\u671f\u7b49\u5408\u7ea6\u7684\u4eba\uff09\u6765\u8bf4\uff0c\u5e02\u573a\u53ef\u80fd\u4f4e\u4f30\u4e86\u5728\u73b0\u67094.35%\u5229\u7387\u6c34\u5e73\u4e4b\u4e0a\u7ee7\u7eed\u52a0\u606f\u7684\u98ce\u9669\u3002\u53ef\u8003\u8651\u57282\u5e74\u671f\u5229\u7387\u6389\u671f\uff08interest rate swaps\uff0c\u4ea4\u6362\u56fa\u5b9a\u5229\u7387\u4e0e\u6d6e\u52a8\u5229\u7387\u73b0\u91d1\u6d41\u7684\u5408\u7ea6\uff09\u4e0a\u201c\u4ed8\u56fa\u5b9a\u201d\uff08paying fixed\uff0c\u5373\u652f\u4ed8\u56fa\u5b9a\u5229\u7387\u3001\u6536\u53d6\u6d6e\u52a8\u5229\u7387\u7684\u4ed3\u4f4d\uff1b\u82e5\u5229\u7387\u4e0a\u5347\u901a\u5e38\u66f4\u6709\u5229\uff09\u3002\n\n\u5728\u671f\u6743\u5e02\u573a\uff08options market\uff0c\u4ee5\u671f\u6743\u5408\u7ea6\u4ea4\u6613\u4e3a\u4e3b\u7684\u5e02\u573a\uff09\uff0c\u4e0d\u786e\u5b9a\u6027\u4e0a\u5347\u901a\u5e38\u610f\u5473\u7740\u66f4\u9ad8\u6ce2\u52a8\u7387\uff08volatility\uff0c\u4ef7\u683c\u4e0a\u4e0b\u6ce2\u52a8\u7684\u5e45\u5ea6\uff09\u3002\u4e70\u5165\u6fb3\u6d323\u5e74\u671f\u56fd\u503a\u671f\u8d27\u7684\u770b\u6da8\u671f\u6743\uff08call options\uff0c\u672a\u6765\u4ee5\u56fa\u5b9a\u4ef7\u4e70\u5165\u7684\u6743\u5229\uff09\u53ef\u5728\u98ce\u9669\u53ef\u63a7\u4e0b\u5e03\u5c40\u6536\u76ca\u7387\u4e0a\u884c\uff08yields rising\uff0c\u503a\u5238\u4ef7\u683c\u4e0b\u8dcc\u3001\u6536\u76ca\u7387\u4e0a\u5347\uff09\u3002\u82e5RBA\u672a\u6765\u51e0\u5468\u8a00\u8bba\u66f4\u504f\u9e70\u6d3e\uff08hawkish\uff0c\u503e\u5411\u52a0\u606f\/\u7d27\u7f29\u4ee5\u538b\u901a\u80c0\uff09\uff0c\u8be5\u7b56\u7565\u53ef\u80fd\u53d7\u76ca\u3002\n\n\u8fd9\u7c7b\u73af\u5883\u4e5f\u5229\u597d\u6fb3\u5143\uff0c\u5c24\u5176\u5f53\u5176\u4ed6\u4e3b\u8981\u592e\u884c\u8003\u8651\u964d\u606f\u65f6\u3002\u53ef\u8003\u8651\u4e70\u5165 AUD\/USD \u770b\u6da8\u671f\u6743\uff0c\u5e03\u5c40\u66f4\u5f3a\u6fb3\u5143\u3002\u6fb3\u6d32\u4e0e\u7f8e\u56fd\u7684\u5229\u5dee\uff08interest rate differential\uff0c\u4e24\u56fd\u5229\u7387\u5dee\uff09\u6269\u5927\uff0c\u4f7f\u8fd9\u7c7b\u4ea4\u6613\u66f4\u5177\u5438\u5f15\u529b\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>\u522b\u53ea\u76ef\u964d\u606f\uff1aTD\u8ba4\u4e3aRBA 3\u6708\u4e0e5\u6708\u5404\u52a0\u606f25bp\uff0c\u5229\u7387\u56de4.35%\u3002GDP\u4e0e\u8ba2\u5355\u5f3a\u3001\u5c31\u4e1a\u7d27\u4e0e\u901a\u80c0\u5347\u6e29\uff0c\u6216\u63a8\u9ad8\u6ce2\u52a8\u5e76\u5229\u597d\u6fb3\u5143\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-31142","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\/31142","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=31142"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/31142\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=31142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=31142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=31142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}