{"id":31715,"date":"2026-03-19T11:51:59","date_gmt":"2026-03-19T11:51:59","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/%e7%be%8e%e8%81%94%e5%82%a8%e8%a8%80%e8%ae%ba%e5%81%8f%e9%b9%b0%ef%bc%8c%e9%81%93%e6%8c%87%e4%b8%8e%e6%a0%87%e6%99%ae%e6%9c%9f%e8%b4%a7%e6%8c%81%e7%a8%b3%ef%bc%8c%e7%ba%b3%e6%8c%87%e6%9c%9f%e8%b4%a7\/"},"modified":"2026-03-19T11:51:59","modified_gmt":"2026-03-19T11:51:59","slug":"%e7%be%8e%e8%81%94%e5%82%a8%e8%a8%80%e8%ae%ba%e5%81%8f%e9%b9%b0%ef%bc%8c%e9%81%93%e6%8c%87%e4%b8%8e%e6%a0%87%e6%99%ae%e6%9c%9f%e8%b4%a7%e6%8c%81%e7%a8%b3%ef%bc%8c%e7%ba%b3%e6%8c%87%e6%9c%9f%e8%b4%a7","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/live-updates\/%e7%be%8e%e8%81%94%e5%82%a8%e8%a8%80%e8%ae%ba%e5%81%8f%e9%b9%b0%ef%bc%8c%e9%81%93%e6%8c%87%e4%b8%8e%e6%a0%87%e6%99%ae%e6%9c%9f%e8%b4%a7%e6%8c%81%e7%a8%b3%ef%bc%8c%e7%ba%b3%e6%8c%87%e6%9c%9f%e8%b4%a7\/","title":{"rendered":"\u7f8e\u8054\u50a8\u8a00\u8bba\u504f\u9e70\uff0c\u9053\u6307\u4e0e\u6807\u666e\u671f\u8d27\u6301\u7a33\uff0c\u7eb3\u6307\u671f\u8d27\u5728\u6b27\u6d32\u65f6\u6bb5\u5c0f\u5e45\u8d70\u4f4e"},"content":{"rendered":"\u9053\u743c\u65af\u4e0e\u6807\u666e500\u671f\u8d27\u5728\u5468\u56db\u6b27\u6d32\u65f6\u6bb5\u5206\u522b\u7a33\u5b88\u5728\u7ea646,530\u70b9\u4e0e6,670\u70b9\u9644\u8fd1\u3002\u7eb3\u65af\u8fbe\u514b100\u671f\u8d27\u4e0b\u6ed10.17%\uff0c\u81f3\u7ea624,600\u70b9\u3002\n\n\u7f8e\u56fd\u80a1\u6307\u671f\u8d27\u5728\u5468\u4e09\u4e0b\u8dcc\u540e\u5c0f\u5e45\u8d70\u4f4e\u3002\u5f53\u65f6\u9053\u743c\u65af\u6307\u6570\u4e0b\u632b1.63%\uff0c\u521b\u53bb\u5e7411\u6708\u4ee5\u6765\u6700\u4f4e\u3002\u6807\u666e500\u4e0e\u7eb3\u65af\u8fbe\u514b\u7efc\u5408\u6307\u6570\u5206\u522b\u4e0b\u8dcc1.36%\u4e0e1.46%\u3002\n\n<h3>\u8054\u50a8\u6697\u793a\u201c\u9ad8\u5229\u7387\u7ef4\u6301\u66f4\u4e45\u201d<\/h3>\n\u7f8e\u56fd\u8054\u90a6\u50a8\u5907\u59d4\u5458\u4f1a\uff08Federal Reserve\uff0c\u7b80\u79f0\u201c\u8054\u50a8\u201d\uff0c\u5373\u7f8e\u56fd\u4e2d\u592e\u94f6\u884c\uff09\u57283\u6708\u4f1a\u8bae\u628a\u5229\u7387\u7ef4\u6301\u57283.50%\u20133.75%\u3002\u4e3b\u5e2d\u9c8d\u5a01\u5c14\uff08Jerome Powell\uff09\u8868\u793a\uff0c\u901a\u80c0\uff08\u7269\u4ef7\u4e0a\u6da8\uff09\u9884\u6599\u4f1a\u7f13\u548c\uff0c\u4f46\u964d\u901a\u80c0\uff08disinflation\uff0c\u6307\u901a\u80c0\u7387\u4e0b\u964d\u3001\u4f46\u4ef7\u683c\u4ecd\u5728\u4e0a\u6da8\uff09\u8fc7\u7a0b\u53ef\u80fd\u66f4\u6162\uff1b\u540c\u65f6\uff0c\u4f0a\u6717\u51b2\u7a81\u63a8\u9ad8\u6cb9\u4ef7\uff0c\u6216\u62ac\u5347\u77ed\u671f\u901a\u80c0\u3002\n\n\u51b3\u7b56\u5b98\u5458\u6307\u51fa\uff0c\u4f0a\u6717\u6218\u4e89\u5bf9\u7ecf\u6d4e\u7684\u5f71\u54cd\u4ecd\u5b58\u5728\u4e0d\u786e\u5b9a\u6027\uff0c\u5e76\u5f3a\u8c03\u901a\u80c0\u5b58\u5728\u4e0a\u884c\u98ce\u9669\uff08\u901a\u80c0\u53ef\u80fd\u6bd4\u9884\u671f\u66f4\u9ad8\uff09\u3002\u70b9\u9635\u56fe\u9884\u6d4b\u4ecd\u663e\u793a\u4eca\u5e74\u53ef\u80fd\u964d\u606f\u4e00\u6b21\uff0c\u5e76\u57282027\u5e74\u518d\u964d\u4e00\u6b21\uff0c\u4e0e\u53bb\u5e7412\u6708\u7684\u9884\u6d4b\u4e00\u81f4\u3002\uff08\u964d\u606f\uff1a\u964d\u4f4e\u653f\u7b56\u5229\u7387\uff0c\u901a\u5e38\u7528\u6765\u523a\u6fc0\u7ecf\u6d4e\u3002\uff09\n\n\u7f8e\u56fd2\u6708\u751f\u4ea7\u8005\u7269\u4ef7\u6307\u6570\uff08PPI\uff0cProducer Price Index\uff0c\u8861\u91cf\u201c\u5de5\u5382\/\u6279\u53d1\u7aef\u201d\u4ef7\u683c\u53d8\u52a8\u7684\u6307\u6807\uff09\u5347\u5e45\u8d85\u9884\u671f\uff1aPPI\u6309\u6708\u4e0a\u53470.7%\uff08MoM\uff0cmonth-on-month\uff0c\u5373\u201c\u6309\u6708\u6bd4\u8f83\u201d\uff09\uff0c\u9ad8\u4e8e1\u6708\u76840.5%\u4e0e\u5e02\u573a\u9884\u4f30\u76840.3%\uff0c\u4e3a7\u4e2a\u6708\u6700\u5927\u6da8\u5e45\u3002\u6574\u4f53PPI\u6309\u5e74\u4e3a3.4%\uff08YoY\uff0cyear-on-year\uff0c\u5373\u201c\u6309\u5e74\u6bd4\u8f83\u201d\uff09\uff1b\u5254\u9664\u98df\u54c1\u4e0e\u80fd\u6e90\u540e\u7684\u6838\u5fc3PPI\uff08Core PPI\uff0c\u66f4\u80fd\u53cd\u6620\u57fa\u7840\u901a\u80c0\u538b\u529b\uff09\u4ece3.5%\u5347\u81f33.9%\u3002\u63a5\u4e0b\u6765\u5e02\u573a\u5173\u6ce8\u6bcf\u5468\u521d\u8bf7\u5931\u4e1a\u91d1\u4eba\u6570\uff08weekly jobless claims\uff0c\u7528\u6765\u89c2\u5bdf\u5c31\u4e1a\u5e02\u573a\u662f\u5426\u8f6c\u5f31\uff09\u3002\n\n\u8054\u50a8\u7acb\u573a\u8f6c\u8d8b\u5f3a\u786c\uff08hawkish\uff0c\u6307\u66f4\u504f\u5411\u52a0\u606f\u6216\u7ef4\u6301\u9ad8\u5229\u7387\u4ee5\u538b\u5236\u901a\u80c0\uff09\u540e\uff0c\u5e02\u573a\u5bf9\u672a\u6765\u6570\u5468\u7684\u9884\u671f\u88ab\u91cd\u65b0\u8c03\u6574\u3002\u968f\u7740\u964d\u606f\u65f6\u95f4\u53ef\u80fd\u5ef6\u540e\uff0c\u80a1\u5e02\u6599\u6301\u7eed\u627f\u538b\uff0c\u5c24\u5176\u662f\u5bf9\u5229\u7387\u66f4\u654f\u611f\u7684\u7eb3\u65af\u8fbe\u514b100\u3002\u9690\u542b\u6ce2\u52a8\u7387\uff08implied volatility\uff0c\u671f\u6743\u5e02\u573a\u4ece\u4ef7\u683c\u63a8\u7b97\u51fa\u7684\u672a\u6765\u6ce2\u52a8\u9884\u671f\uff09\u4e0a\u5347\uff0cVIX\u6ce2\u52a8\u7387\u6307\u6570\uff08\u4fd7\u79f0\u201c\u6050\u614c\u6307\u6570\u201d\uff0c\u53cd\u6620\u6807\u666e500\u671f\u6743\u9690\u542b\u6ce2\u52a8\u7387\uff09\u4e0a\u4e00\u4ea4\u6613\u65e5\u5347\u783420\uff0c\u663e\u793a\u671f\u6743\u5e02\u573a\u6b63\u5728\u8ba1\u5165\u66f4\u5927\u3001\u66f4\u5267\u70c8\u7684\u4ef7\u683c\u6ce2\u52a8\u3002\n\n<h3>\u901a\u80c0\u4e0e\u6ce2\u52a8\u7387\u91cd\u65b0\u5b9a\u4ef7\u98ce\u9669<\/h3>\n\u6700\u65b0PPI\u6570\u636e\u786e\u8ba4\u901a\u80c0\u4ecd\u5177\u9ecf\u6027\uff08stubbornly persistent\uff0c\u6307\u4e0d\u6613\u4e0b\u964d\uff09\uff0c\u8fd9\u80a1\u8d8b\u52bf\u81ea2025\u5e74\u5e95\u4ee5\u6765\u6301\u7eed\u7d2f\u79ef\u3002\u867d\u71363.4%\u7684PPI\u6309\u5e74\u589e\u5e45\u8fdc\u4f4e\u4e8e2022\u5e74\u9ad8\u5cf0\uff0c\u4f460.7%\u7684\u6309\u6708\u8df3\u5347\u624d\u662f\u5e02\u573a\u66f4\u62c5\u5fc3\u7684\u90e8\u5206\u3002\u6279\u53d1\u7aef\u4ef7\u683c\u8d70\u5f3a\uff0c\u4e3a\u8054\u50a8\u5728\u91c7\u53d6\u884c\u52a8\u524d\u7b49\u5f85\u66f4\u660e\u786e\u7684\u964d\u901a\u80c0\u8bc1\u636e\u63d0\u4f9b\u7406\u7531\u3002\n\n\u5730\u7f18\u653f\u6cbb\u7d27\u5f20\u4e3a\u5e02\u573a\u589e\u52a0\u4e00\u5c42\u98ce\u9669\uff0c\u76f4\u63a5\u5f71\u54cd\u80fd\u6e90\u5e02\u573a\u4e0e\u901a\u80c0\u9884\u6d4b\u3002\u5e03\u4f26\u7279\u539f\u6cb9\uff08Brent crude\uff0c\u56fd\u9645\u4e3b\u8981\u539f\u6cb9\u57fa\u51c6\u4e4b\u4e00\uff09\u73b0\u5df2\u5347\u7834\u6bcf\u687695\u7f8e\u5143\uff0c\u4e3a\u4e00\u5e74\u591a\u6765\u9996\u6b21\u3002\u53ef\u8003\u8651\u7528\u80fd\u6e90\u677f\u5757ETF\u7684\u770b\u6da8\u671f\u6743\uff08call option\uff0c\u8d4b\u4e88\u4e70\u65b9\u5728\u5230\u671f\u524d\u4ee5\u7279\u5b9a\u4ef7\u683c\u4e70\u5165\u7684\u6743\u5229\uff1bETF\u4e3a\u4ea4\u6613\u6240\u4e70\u5356\u57fa\u91d1\uff09\u4f5c\u4e3a\u5bf9\u51b2\uff08hedge\uff0c\u7528\u6765\u964d\u4f4e\u7ec4\u5408\u98ce\u9669\uff09\u624b\u6bb5\u3002\u8fd9\u79cd\u7b56\u7565\u53ef\u53d7\u76ca\u4e8e\u6cb9\u4ef7\u4e0a\u5347\uff0c\u4ee5\u53ca\u5f53\u524d\u901a\u80c0\u73af\u5883\u3002\n\n\u884d\u751f\u54c1\u5e02\u573a\uff08derivatives market\uff0c\u6307\u671f\u6743\u3001\u671f\u8d27\u7b49\u4ee5\u201c\u6807\u7684\u8d44\u4ea7\u4ef7\u683c\u201d\u4e3a\u57fa\u7840\u7684\u5de5\u5177\u5e02\u573a\uff09\u6b63\u5feb\u901f\u91cd\u4f30\u5229\u7387\u8def\u5f84\uff0c\u5e76\u76f4\u63a5\u5f71\u54cd\u80a1\u6307\u4f30\u503c\u3002\u8054\u90a6\u57fa\u91d1\u5229\u7387\u671f\u8d27\uff08Fed Funds futures\uff0c\u7528\u6765\u62bc\u6ce8\u672a\u6765\u653f\u7b56\u5229\u7387\u7684\u671f\u8d27\u5408\u7ea6\uff09\u76ee\u524d\u663e\u793a\uff0c9\u6708\u524d\u964d\u606f\u7684\u6982\u7387\u4e0d\u8db340%\uff0c\u4e0e\u5e74\u521d\u5e02\u573a\u8ba1\u5165\u201c\u4e24\u6b21\u964d\u606f\u201d\u7684\u9884\u671f\u5f62\u6210\u660e\u663e\u53cd\u8f6c\u3002\u56e0\u6b64\uff0c\u5728\u6807\u666e500\u7b49\u5927\u76d8\u6307\u6570\u4e0a\u4f7f\u7528\u4fdd\u62a4\u6027\u770b\u8dcc\u671f\u6743\uff08protective put\uff0c\u6301\u6709\u8d44\u4ea7\u540c\u65f6\u4e70\u5165\u770b\u8dcc\u671f\u6743\u4ee5\u9650\u5236\u4e0b\u884c\u635f\u5931\uff09\u53d8\u5f97\u66f4\u4e3a\u7a33\u5065\u3002\n\n\u5728\u6b64\u80cc\u666f\u4e0b\uff0c\u77ed\u671f\u5185\u504f\u4ef7\u503c\u578b\uff08value-oriented\uff0c\u4f30\u503c\u8f83\u4f4e\u3001\u73b0\u91d1\u6d41\u8f83\u7a33\uff09\u7684\u677f\u5757\u53ef\u80fd\u8dd1\u8d62\u6210\u957f\u80a1\uff08growth stocks\uff0c\u4f9d\u9760\u672a\u6765\u589e\u957f\u9884\u671f\u3001\u5bf9\u5229\u7387\u66f4\u654f\u611f\uff09\u3002\u9053\u743c\u65af\u6307\u6570\u4ee5\u5de5\u4e1a\u4e0e\u91d1\u878d\u9f99\u5934\u4e3a\u4e3b\uff0c\u53ef\u80fd\u6bd4\u79d1\u6280\u5360\u6bd4\u8f83\u9ad8\u7684\u7eb3\u65af\u8fbe\u514b\u66f4\u5177\u97e7\u6027\u3002\u5bf9\u5e94\u7b56\u7565\u5305\u62ec\u5356\u51fa\u865a\u503c\u770b\u6da8\u4ef7\u5dee\uff08out-of-the-money call spread\uff0c\u5356\u51fa\u8f83\u9ad8\u6267\u884c\u4ef7\u7684\u770b\u6da8\u671f\u6743\u5e76\u4e70\u5165\u66f4\u9ad8\u6267\u884c\u4ef7\u7684\u770b\u6da8\u671f\u6743\u4ee5\u63a7\u5236\u98ce\u9669\uff1b\u201c\u865a\u503c\u201d\u6307\u6267\u884c\u4ef7\u9ad8\u4e8e\u73b0\u4ef7\u3001\u77ed\u671f\u4e0d\u592a\u53ef\u80fd\u884c\u6743\uff09\uff0c\u5728\u4fdd\u6301\u8c28\u614e\u89c2\u70b9\u7684\u540c\u65f6\u83b7\u53d6\u6743\u5229\u91d1\u6536\u5165\uff08premium\uff0c\u671f\u6743\u4ef7\u683c\/\u6743\u5229\u91d1\uff09\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>\u7f8e\u80a1\u671f\u8d27\u504f\u5f31\uff1a\u8054\u50a8\u6697\u793a\u9ad8\u5229\u7387\u66f4\u4e45\uff0cPPI\u8d85\u9884\u671f\u3001\u6cb9\u4ef7\u783495\u7f8e\u5143\u63a8\u5347\u901a\u80c0\u4e0eVIX\u3002\u964d\u606f\u6216\u5ef6\u540e\uff0c\u7eb3\u6307\u627f\u538b\uff0c\u4ef7\u503c\u80a1\u4e0e\u671f\u6743\u5bf9\u51b2\u6210\u7126\u70b9\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-31715","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\/31715","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=31715"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/31715\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=31715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=31715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=31715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}