{"id":44285,"date":"2026-04-10T07:24:26","date_gmt":"2026-04-10T07:24:26","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/ing%e7%ad%96%e7%95%a5%e5%b8%88%e8%a1%a8%e7%a4%ba%ef%bc%8c%e5%9c%a8%e6%9c%89%e5%85%b3%e4%bc%8a%e6%9c%97%e8%bf%9d%e5%8f%8d%e5%81%9c%e7%81%ab%e7%9a%84%e6%8c%87%e6%8e%a7%e4%bc%a0%e5%87%ba%e5%90%8e\/"},"modified":"2026-04-10T07:24:26","modified_gmt":"2026-04-10T07:24:26","slug":"ing%e7%ad%96%e7%95%a5%e5%b8%88%e8%a1%a8%e7%a4%ba%ef%bc%8c%e5%9c%a8%e6%9c%89%e5%85%b3%e4%bc%8a%e6%9c%97%e8%bf%9d%e5%8f%8d%e5%81%9c%e7%81%ab%e7%9a%84%e6%8c%87%e6%8e%a7%e4%bc%a0%e5%87%ba%e5%90%8e","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/live-updates\/ing%e7%ad%96%e7%95%a5%e5%b8%88%e8%a1%a8%e7%a4%ba%ef%bc%8c%e5%9c%a8%e6%9c%89%e5%85%b3%e4%bc%8a%e6%9c%97%e8%bf%9d%e5%8f%8d%e5%81%9c%e7%81%ab%e7%9a%84%e6%8c%87%e6%8e%a7%e4%bc%a0%e5%87%ba%e5%90%8e\/","title":{"rendered":"ING\u7b56\u7565\u5e08\u8868\u793a\uff0c\u5728\u6709\u5173\u4f0a\u6717\u8fdd\u53cd\u505c\u706b\u7684\u6307\u63a7\u4f20\u51fa\u540e\uff0c\u7f8e\u5143\u8d70\u52bf\u8d8b\u7a33\uff0c\u4f46\u53ef\u80fd\u518d\u6b21\u8d70\u5f31"},"content":{"rendered":"

\u7f8e\u5143\u5728\u4f0a\u6717\u79f0\u505c\u706b\u906d\u5230\u8fdd\u53cd\u540e\u8d8b\u7a33\uff0c\u5e26\u52a8\u7f8e\u5143\u4ece\u65e9\u524d\u7684\u5c0f\u5e45\u8dcc\u52bf\u4e2d\u6536\u590d\u90e8\u5206\u5931\u5730\u3002\u8fd9\u663e\u793a\u5c40\u52bf\u4ecd\u4e0d\u660e\u6717\uff0c\u5373\u4f7f\u51b2\u7a81\u8d70\u5411\u66f4\u5927\u8303\u56f4\u7684\u89e3\u51b3\uff0c\u4e5f\u53ef\u80fd\u51fa\u73b0\u77ed\u6682\u5347\u6e29\u7684\u98ce\u9669\u3002<\/p>\n

\u7f8e\u8054\u50a8\uff08Federal Reserve\uff0c\u7b80\u79f0Fed\uff0c\u7f8e\u56fd\u592e\u884c\uff09\u4f1a\u8bae\u7eaa\u8981\u8ba9\u5e02\u573a\u5bf9\u5229\u7387\u8d70\u52bf\u7684\u5b9a\u4ef7\u7a0d\u5fae\u504f\u5411\u201c\u9e70\u6d3e\u201d\uff08hawkish\uff0c\u5373\u66f4\u62c5\u5fc3\u901a\u80c0\u3001\u66f4\u503e\u5411\u7ef4\u6301\u9ad8\u5229\u7387\u6216\u5c11\u964d\u606f\uff09\u3002\u5229\u7387\u4e92\u6362\uff08swap rates\uff0c\u7528\u6765\u53cd\u6620\u5e02\u573a\u5bf9\u672a\u6765\u5229\u7387\u9884\u671f\u7684\u884d\u751f\u5de5\u5177\u4ef7\u683c\uff09\u5982\u4eca\u663e\u793a\u5e74\u5e95\u524d\u4ec5\u9884\u671f\u964d\u606f7\u4e2a\u57fa\u70b9\uff08bp\uff0c\u57fa\u70b9\uff0c1bp=0.01%\uff09\uff0c\u4f4e\u4e8e\u5f53\u5929\u65e9\u4e9b\u65f6\u5019\u768415\u4e2a\u57fa\u70b9\u3002<\/p>\n

Fed Minutes Shift Dollar Narrative<\/h3>\n

\u7eaa\u8981\u4e5f\u63d0\u5230\u6218\u4e89\u5e26\u6765\u7684\u201c\u53cc\u5411\u98ce\u9669\u201d\uff0c\u5305\u62ec\u5982\u679c\u5931\u4e1a\u589e\u52a0\u901f\u5ea6\u5feb\u4e8e\u901a\u80c0\uff0c\u53ef\u80fd\u66f4\u5feb\u964d\u606f\u3002\u8fd9\u4ee3\u8868\u5e02\u573a\u5bf9\u66f4\u4f4e\u5229\u7387\u7684\u9884\u671f\uff0c\u4ecd\u53ef\u80fd\u7ee7\u7eed\u8c03\u6574\u3002<\/p>\n

\u5e02\u573a\u6ce2\u52a8\u4ecd\u4e3b\u8981\u88ab\u65b0\u95fb\u6807\u9898\u7275\u52a8\u3002\u82e5\u8bc1\u636e\u663e\u793a\u901a\u8fc7\u970d\u5c14\u6728\u5179\u6d77\u5ce1\uff08Strait of Hormuz\uff0c\u4e2d\u4e1c\u5173\u952e\u6cb9\u8fd0\u901a\u9053\uff09\u7684\u822a\u8fd0\u91cf\u6b63\u5728\u589e\u52a0\uff0c\u53ef\u80fd\u5bf9\u7f8e\u5143\u4e0d\u5229\u3002<\/p>\n

\u66f4\u6301\u7eed\u7684\u884c\u60c5\uff0c\u53ef\u80fd\u53d6\u51b3\u4e8e\u505c\u706b\u80fd\u5426\u7ef4\u6301\u66f4\u4e45\u3002\u82e5\u65e0\u6cd5\u5ef6\u7eed\uff0c\u968f\u7740\u4e3a\u671f\u4e24\u5468\u7684\u505c\u706b\u63a5\u8fd1\u5230\u671f\uff0c\u5e02\u573a\u7d27\u5f20\u60c5\u7eea\u53ef\u80fd\u518d\u6b21\u5347\u6e29\u3002<\/p>\n

Derivatives Traders Reassess Summer Cut Risks<\/h3>\n

\u56de\u770b2025\u5e74\u521d\uff0c\u5f53\u65f6\u7f8e\u5143\u5927\u5e45\u6ce2\u52a8\uff0c\u4e0e\u6ce2\u65af\u6e7e\u505c\u706b\u6709\u5173\u3002\u8fd9\u63d0\u9192\u6211\u4eec\uff1a\u5730\u7f18\u653f\u6cbb\uff08geopolitics\uff0c\u56fd\u5bb6\u4e0e\u5730\u533a\u51b2\u7a81\u3001\u5916\u4ea4\u4e0e\u5b89\u5168\u98ce\u9669\uff09\u65b0\u95fb\u4f1a\u5236\u9020\u77ed\u671f\u4ea4\u6613\u673a\u4f1a\uff0c\u5373\u4f7f\u66f4\u957f\u671f\u8d70\u52bf\u4ecd\u7531\u5b8f\u89c2\u7ecf\u6d4e\uff08macroeconomics\uff0c\u5982\u901a\u80c0\u3001\u5c31\u4e1a\u3001\u6210\u957f\u4e0e\u5229\u7387\uff09\u4e3b\u5bfc\u3002\u5e02\u573a\u5f53\u65f6\u8bd5\u56fe\u5224\u65ad\uff0c\u7f8e\u8054\u50a8\u4f1a\u4e0d\u4f1a\u56e0\u5c31\u4e1a\u5e02\u573a\u8f6c\u5f31\u800c\u8f6c\u5411\u201c\u9e3d\u6d3e\u201d\uff08dovish\uff0c\u5373\u66f4\u5173\u6ce8\u7ecf\u6d4e\u4e0e\u5c31\u4e1a\u3001\u66f4\u503e\u5411\u964d\u606f\uff09\u3002<\/p>\n

\u62a5\u544a\u63d0\u5230\u7684\u201c\u8f6c\u5411\u9e3d\u6d3e\u7684\u91cd\u65b0\u5b9a\u4ef7\u201d\uff08dovish repricing\uff0c\u5373\u5e02\u573a\u628a\u672a\u6765\u5229\u7387\u9884\u671f\u4e0b\u4fee\u3001\u9884\u671f\u66f4\u591a\/\u66f4\u5feb\u964d\u606f\uff09\u540e\u6765\u786e\u5b9e\u53d1\u751f\uff0c\u4f46\u901f\u5ea6\u6ca1\u90e8\u5206\u4eba\u9884\u671f\u7684\u5feb\u3002\u5e02\u573a\u8bb0\u5f97\uff0c\u7f8e\u8054\u50a8\u66fe\u628a\u5229\u7387\u7ef4\u6301\u57285.50%\u7684\u9ad8\u4f4d\u4e00\u6bb5\u65f6\u95f4\uff0c\u76f4\u52302025\u5e74\u4e0b\u534a\u5e74\u624d\u5f00\u59cb\u8fdb\u5165\u964d\u606f\u5468\u671f\uff08easing cycle\uff0c\u5373\u4e00\u7cfb\u5217\u964d\u606f\uff09\u3002\u8fd9\u6bb5\u201c\u62d6\u5ef6\u201d\u5f88\u5173\u952e\uff0c\u53cd\u6620\u7f8e\u8054\u50a8\u5728\u901a\u80c0\u4ecd\u662f\u98ce\u9669\u65f6\uff0c\u4e0d\u613f\u8fc7\u65e9\u964d\u606f\u3002<\/p>\n

\u5982\u4eca\u8054\u90a6\u57fa\u91d1\u5229\u7387\uff08Fed funds rate\uff0c\u7f8e\u56fd\u9694\u591c\u653f\u7b56\u5229\u7387\u57fa\u51c6\uff09\u6c34\u5e73\u66f4\u4f4e\uff0c\u884d\u751f\u54c1\u4ea4\u6613\u5458\uff08derivatives traders\uff0c\u4ea4\u6613\u671f\u6743\u4e0e\u671f\u8d27\u7b49\u91d1\u878d\u5408\u7ea6\u7684\u4eba\uff09\u66f4\u8981\u5c0f\u5fc3\uff0c\u4e0d\u8981\u8fc7\u5ea6\u62bc\u6ce8\u201c\u6fc0\u8fdb\u964d\u606f\u201d\u3002\u6700\u65b0\u6570\u636e\u663e\u793a\u7f8e\u56fd\u901a\u80c0\u4ecd\u504f\u9ecf\uff1a\u6700\u65b0CPI\uff08Consumer Price Index\uff0c\u6d88\u8d39\u8005\u7269\u4ef7\u6307\u6570\uff0c\u8861\u91cf\u901a\u80c0\uff09\u4e3a2.9%\uff0c\u800c\u6700\u65b0\u5c31\u4e1a\u62a5\u544a\u65b0\u589e21.5\u4e07\u4e2a\u804c\u4f4d\uff0c\u8868\u73b0\u5f3a\u52b2\u3002\u8fd9\u610f\u5473\u7740\u7f8e\u8054\u50a8\u53ef\u80fd\u6682\u505c\u964d\u606f\uff0c\u4e3a\u4ea4\u6613\u8005\u63d0\u4f9b\u673a\u4f1a\uff0c\u901a\u8fc7\u671f\u6743\uff08options\uff0c\u4e00\u79cd\u53ef\u9009\u62e9\u4e70\u5165\u6216\u5356\u51fa\u4f46\u4e0d\u4e00\u5b9a\u8981\u6267\u884c\u7684\u5408\u7ea6\uff09\u6765\u62bc\u6ce8\u5e02\u573a\u5bf9\u201c\u8fc7\u5ea6\u9e3d\u6d3e\u201d\u7684\u590f\u5b63\u964d\u606f\u9884\u671f\u53ef\u80fd\u843d\u7a7a\u3002<\/p>\n

\u540c\u65f6\uff0c2025\u5e74\u7684\u5730\u7f18\u653f\u6cbb\u98ce\u9669\u4e5f\u518d\u5ea6\u6d6e\u73b0\u3002\u56f4\u7ed5\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u7684\u7d27\u5f20\u5347\u6e29\uff0c\u5df2\u5728\u8fd1\u51e0\u5468\u628aWTI\u539f\u6cb9\uff08West Texas Intermediate\uff0c\u7f8e\u56fd\u57fa\u51c6\u539f\u6cb9\uff09\u63a8\u56de\u6bcf\u687680\u7f8e\u5143\u4ee5\u4e0a\u3002CBOE\u539f\u6cb9\u6ce2\u52a8\u7387\u6307\u6570\uff08OVX\uff0c\u7528\u6765\u8861\u91cf\u539f\u6cb9\u671f\u6743\u9690\u542b\u6ce2\u52a8\u7387\u7684\u6307\u6807\uff1b\u9690\u542b\u6ce2\u52a8\u7387\u53ef\u7406\u89e3\u4e3a\u5e02\u573a\u5bf9\u672a\u6765\u4ef7\u683c\u6ce2\u52a8\u5e45\u5ea6\u7684\u201c\u9884\u4f30\u201d\uff09\u8fc7\u53bb\u4e00\u4e2a\u6708\u4e0a\u5347\u8fd115%\uff0c\u663e\u793a\u80fd\u6e90\u5e02\u573a\u6b63\u4e3a\u6f5c\u5728\u5e72\u6270\u505a\u51c6\u5907\u3002<\/p>\n

\u8fd9\u7c7b\u4e0d\u786e\u5b9a\u6027\u8ba9\u201c\u505a\u591a\u6ce2\u52a8\u7387\u201d\uff08long volatility\uff0c\u5373\u62bc\u6ce8\u4ef7\u683c\u4f1a\u5927\u5e45\u6ce2\u52a8\uff0c\u4e0d\u4e00\u5b9a\u62bc\u65b9\u5411\uff09\u7684\u7f8e\u5143\u7b56\u7565\u518d\u6b21\u6709\u5438\u5f15\u529b\u3002\u4ea4\u6613\u8005\u53ef\u8003\u8651USD\/JPY\uff08\u7f8e\u5143\/\u65e5\u5706\uff09\u7b49\u8d27\u5e01\u5bf9\uff0c\u56e0\u4e3a\u5b83\u5bf9\u5229\u5dee\uff08interest rate differentials\uff0c\u4e24\u56fd\u5229\u7387\u5dee\uff09\u4e0e\u98ce\u9669\u60c5\u7eea\uff08risk sentiment\uff0c\u5e02\u573a\u504f\u597d\u5192\u9669\u6216\u907f\u9669\uff09\u90fd\u5f88\u654f\u611f\u3002\u4e70\u5165\u8de8\u5f0f\uff08straddle\uff0c\u540c\u4e00\u5230\u671f\u65e5\u540c\u65f6\u4e70\u5165\u540c\u6267\u884c\u4ef7\u7684\u770b\u6da8\u4e0e\u770b\u8dcc\u671f\u6743\uff09\u6216\u5bbd\u8de8\u5f0f\uff08strangle\uff0c\u540c\u4e00\u5230\u671f\u65e5\u4e70\u5165\u4e0d\u540c\u6267\u884c\u4ef7\u7684\u770b\u6da8\u4e0e\u770b\u8dcc\u671f\u6743\uff09\u53ef\u80fd\u66f4\u6709\u6548\uff1a\u4e0d\u7ba1\u5927\u884c\u60c5\u6765\u81ea\u7f8e\u8054\u50a8\u610f\u5916\u52a8\u4f5c\uff0c\u8fd8\u662f\u6ce2\u65af\u6e7e\u5c40\u52bf\u518d\u5ea6\u5347\u6e29\uff0c\u90fd\u6709\u673a\u4f1a\u83b7\u5229\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u505c\u706b\u7591\u906d\u7834\u574f\u3001Fed\u7eaa\u8981\u504f\u9e70\uff0c\u7f8e\u5143\u6b62\u8dcc\u56de\u7a33\uff1b\u4e92\u6362\u5229\u7387\u5e74\u5e95\u4ec5\u62bc7bp\u964d\u606f\u3002\u5730\u7f18\u4e0e\u901a\u80c0\u9ecf\u6027\u4ee4\u6ce2\u52a8\u5347\u6e29\uff0c\u4e70USD\/JPY\u8de8\u5f0f\u6355\u6349\u5927\u884c\u60c5\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-44285","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\/44285","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=44285"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/44285\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=44285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=44285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=44285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}