{"id":44399,"date":"2026-04-11T00:52:26","date_gmt":"2026-04-11T00:52:26","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/%e6%98%9f%e5%b1%95%e9%9b%86%e5%9b%a2%e7%a0%94%e7%a9%b6%e9%a2%84%e8%ae%a1%e9%87%91%e7%ae%a1%e5%b1%80%e5%b0%86%e6%b8%a9%e5%92%8c%e4%b8%8a%e8%b0%83%e6%96%b0%e5%85%83%e5%90%8d%e4%b9%89%e6%9c%89%e6%95%88\/"},"modified":"2026-04-11T00:52:26","modified_gmt":"2026-04-11T00:52:26","slug":"%e6%98%9f%e5%b1%95%e9%9b%86%e5%9b%a2%e7%a0%94%e7%a9%b6%e9%a2%84%e8%ae%a1%e9%87%91%e7%ae%a1%e5%b1%80%e5%b0%86%e6%b8%a9%e5%92%8c%e4%b8%8a%e8%b0%83%e6%96%b0%e5%85%83%e5%90%8d%e4%b9%89%e6%9c%89%e6%95%88","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/live-updates\/%e6%98%9f%e5%b1%95%e9%9b%86%e5%9b%a2%e7%a0%94%e7%a9%b6%e9%a2%84%e8%ae%a1%e9%87%91%e7%ae%a1%e5%b1%80%e5%b0%86%e6%b8%a9%e5%92%8c%e4%b8%8a%e8%b0%83%e6%96%b0%e5%85%83%e5%90%8d%e4%b9%89%e6%9c%89%e6%95%88\/","title":{"rendered":"\u661f\u5c55\u96c6\u56e2\u7814\u7a76\u9884\u8ba1\u91d1\u7ba1\u5c40\u5c06\u6e29\u548c\u4e0a\u8c03\u65b0\u5143\u540d\u4e49\u6709\u6548\u6c47\u7387\uff08SGD NEER\uff09\u653f\u7b56\u659c\u7387\uff0c\u5f3a\u8c03\u6291\u5236\u901a\u80c0"},"content":{"rendered":"<p>DBS\u96c6\u56e2\u7814\u7a76\u9884\u8ba1\uff0c\u65b0\u52a0\u5761\u91d1\u878d\u7ba1\u7406\u5c40\uff08MAS\uff0c\u65b0\u52a0\u5761\u592e\u884c\uff09\u5c06\u57284\u670814\u65e5\u4f1a\u8bae\u4e0a\uff0c\u5c0f\u5e45\u4e0a\u8c03\u65b0\u5143\u540d\u4e49\u6709\u6548\u6c47\u7387\uff08SGD NEER\uff0c\u7528\u4e00\u7bee\u5b50\u4e3b\u8981\u8d38\u6613\u4f19\u4f34\u8d27\u5e01\u8861\u91cf\u7684\u65b0\u5143\u6c47\u7387\u6307\u6570\uff09\u653f\u7b56\u533a\u95f4\u7684\u659c\u7387\uff08\u6307\u653f\u7b56\u5141\u8bb8\u65b0\u5143\u5347\u503c\u6216\u8d2c\u503c\u7684\u901f\u5ea6\uff09\u3002\u8fd9\u5c06\u626d\u8f6c\u53bb\u5e74\u5b9e\u65bd\u7684\u653e\u7f13\u659c\u7387\u505a\u6cd5\u3002<\/p>\n<p>\u8be5\u9884\u6d4b\u57fa\u4e8e\u5e03\u4f26\u7279\u539f\u6cb9\uff08Brent crude\uff0c\u56fd\u9645\u539f\u6cb9\u57fa\u51c6\u4e4b\u4e00\uff09\u5f98\u5f8a\u5728\u6bcf\u6876100\u7f8e\u5143\u9644\u8fd1\uff0c\u4ee5\u53ca\u51fa\u53e3\u8868\u73b0\u4ecd\u7a33\u5065\uff0c\u4ee4\u5e02\u573a\u66f4\u5173\u6ce8\u8f93\u5165\u578b\u901a\u80c0\uff08\u4ece\u6d77\u5916\u4ef7\u683c\u4e0e\u6c47\u7387\u4f20\u5bfc\u8fdb\u6765\u7684\u901a\u80c0\uff09\u3002MAS\u4e5f\u9884\u8ba1\u5c06\u66f4\u65b0\u901a\u80c0\u9884\u6d4b\u3002<\/p>\n<h3>\u9884\u8ba1\u901a\u80c0\u9884\u6d4b\u8c03\u6574<\/h3>\n<p>\u6838\u5fc3\u901a\u80c0\uff08Core inflation\uff0c\u5254\u9664\u6ce2\u52a8\u8f83\u5927\u7684\u9879\u76ee\u5982\u4f4f\u5bbf\u4e0e\u4ea4\u901a\u7b49\uff0c\u66f4\u80fd\u53cd\u6620\u957f\u671f\u7269\u4ef7\u8d8b\u52bf\uff09\u9884\u6d4b\u6599\u4e0a\u8c03\u81f31.5%\u20132.5%\uff0c\u6b64\u524d\u4e3a1%\u20132%\u3002\u6574\u4f53\u6d88\u8d39\u8005\u7269\u4ef7\u6307\u6570\uff08CPI-All Items\uff0c\u6db5\u76d6\u6240\u6709\u5546\u54c1\u4e0e\u670d\u52a1\u7684\u901a\u80c0\u6307\u6807\uff09\u9884\u6d4b\u4e5f\u53ef\u80fd\u4e0a\u8c03\uff0c\u4ee5\u53cd\u6620\u80fd\u6e90\u4ef7\u683c\u8d70\u9ad8\u3002<\/p>\n<p>MAS\u4e5f\u5c06\u5728\u653f\u7b56\u51b3\u5b9a\u540c\u4e00\u65f6\u95f4\u53d1\u5e032026\u5e74\u7b2c\u4e00\u5b63\uff081Q26\uff09GDP\u9884\u4f30\u503c\uff08advance GDP estimate\uff0c\u521d\u6b65\u4f30\u7b97\uff0c\u4e4b\u540e\u53ef\u80fd\u4fee\u8ba2\uff09\u3002GDP\u9884\u8ba1\u540c\u6bd4\u589e\u957f5.4%\uff0c\u6309\u5b63\u4e0b\u6ed11.1%\uff08\u5b63\u8282\u6027\u8c03\u6574\u540e\uff0cseasonally adjusted\uff1a\u5254\u9664\u8282\u5e86\u4e0e\u5b63\u8282\u6ce2\u52a8\u5f71\u54cd\u66f4\u6613\u6bd4\u8f83\uff09\uff0c\u5bf9\u6bd42025\u5e74\u7b2c\u56db\u5b63\uff084Q25\uff09\u540c\u6bd4\u589e\u957f6.3%\u3001\u6309\u5b63\u589e\u957f2.1%\uff08\u5b63\u8282\u6027\u8c03\u6574\u540e\uff09\u3002<\/p>\n<p>\u6211\u4eec\u9884\u8ba1MAS\u5c06\u57284\u670814\u65e5\u6536\u7d27\u653f\u7b56\uff0c\u628aSGD NEER\u653f\u7b56\u533a\u95f4\u659c\u7387\u5c0f\u5e45\u4e0a\u8c03\u3002\u6b64\u4e3e\u5c06\u9006\u8f6c2025\u5e74\u770b\u5230\u7684\u504f\u5bbd\u677e\u7acb\u573a\uff0c\u76ee\u6807\u662f\u8ba9\u65b0\u5143\u4ee5\u66f4\u5feb\u4f46\u4ecd\u6e29\u548c\u7684\u901f\u5ea6\u5347\u503c\uff0c\u4ee5\u6291\u5236\u7269\u4ef7\u4e0a\u6da8\u3002<\/p>\n<p>\u653f\u7b56\u91cd\u70b9\u8f6c\u5411\u5e94\u5bf9\u8f93\u5165\u578b\u901a\u80c0\uff0c\u5c24\u5176\u5f53\u5e03\u4f26\u7279\u539f\u6cb9\u5728\u6574\u4e2a\u5b63\u5ea6\u7ef4\u6301\u5728\u6bcf\u6876\u7ea6100\u7f8e\u5143\u6c34\u5e73\u3002\u6700\u65b0\u6570\u636e\u4e5f\u652f\u6301\u8fd9\u4e00\u65b9\u5411\uff1a\u65b0\u52a0\u57612026\u5e743\u6708\u975e\u77f3\u6cb9\u56fd\u5185\u51fa\u53e3\uff08NODX\uff0cNon-Oil Domestic Exports\uff1a\u4e0d\u542b\u77f3\u6cb9\u4ea7\u54c1\u7684\u672c\u5730\u51fa\u53e3\uff0c\u66f4\u80fd\u53cd\u6620\u5236\u9020\u4e1a\u4e0e\u5916\u9700\uff09\u4ecd\u67094.5%\u589e\u957f\uff0c\u663e\u793a\u7ecf\u6d4e\u6709\u80fd\u529b\u627f\u53d7\u66f4\u5f3a\u7684\u65b0\u5143\uff0c\u4e3a\u592e\u884c\u628a\u91cd\u5fc3\u653e\u5728\u63a7\u901a\u80c0\u63d0\u4f9b\u7a7a\u95f4\u3002<\/p>\n<h3>\u5bf9\u65b0\u5143\u4ea4\u6613\u7684\u542b\u4e49<\/h3>\n<p>\u5bf9\u884d\u751f\u54c1\u4ea4\u6613\u8005\uff08derivative traders\uff0c\u4ea4\u6613\u671f\u6743\u3001\u671f\u8d27\u3001\u6389\u671f\u7b49\u5408\u7ea6\u7684\u4eba\uff09\u800c\u8a00\uff0c\u8fd9\u610f\u5473\u7740\u53ef\u8003\u8651\u5e03\u5c40\u66f4\u5f3a\u7684\u65b0\u5143\uff0c\u5bf9\u624b\u8d27\u5e01\u5982\u7f8e\u5143\u3002\u53ef\u8003\u8651\u4e70\u5165\u65b0\u5143\u770b\u6da8\u671f\u6743\uff08SGD call options\uff1a\u5728\u672a\u6765\u4ee5\u7ea6\u5b9a\u4ef7\u683c\u4e70\u5165\u65b0\u5143\u7684\u6743\u5229\uff09\uff0c\u56e0\u4e3a\u82e5MAS\u53d1\u8868\u504f\u9e70\u6d3e\uff08hawkish\uff1a\u66f4\u503e\u5411\u6536\u7d27\u653f\u7b56\u3001\u538b\u901a\u80c0\u7684\u7acb\u573a\uff09\u7684\u58f0\u660e\uff0c\u53ef\u80fd\u63a8\u52a8\u65b0\u5143\u8d70\u5f3a\u3002\u5386\u53f2\u4e0a\uff0cMAS\u57282022\u5e74\u610f\u5916\u6536\u7d27\u653f\u7b56\u540e\uff0c\u65b0\u5143\u5728\u63a5\u4e0b\u6765\u4e09\u4e2a\u6708\u5bf9\u7f8e\u5143\u660e\u663e\u5347\u503c\u3002<\/p>\n<p>\u5373\u5c06\u516c\u5e03\u76841Q26 GDP\u9884\u4f30\u503c\u82e5\u5982\u6211\u4eec\u9884\u8ba1\u540c\u6bd4\u8fbe5.4%\uff0c\u4e5f\u4e3a\u6536\u7d27\u653f\u7b56\u63d0\u4f9b\u7406\u7531\u3002\u867d\u7136\u8f832025\u5e74\u672b\u653e\u7f13\uff0c\u4f46\u4ecd\u663e\u793a\u7ecf\u6d4e\u57fa\u7840\u7a33\u5065\u3002\u56e0\u6b64\uff0c\u53ef\u901a\u8fc7\u8fdc\u671f\u5408\u7ea6\uff08forward contracts\uff1a\u7ea6\u5b9a\u672a\u6765\u6309\u6307\u5b9a\u6c47\u7387\u4e70\u5356\u8d27\u5e01\u7684\u5408\u7ea6\uff09\u5728\u4f1a\u8bae\u524d\u5efa\u7acb\u505a\u591a\u65b0\u5143\uff08long SGD\uff1a\u62bc\u6ce8\u65b0\u5143\u5347\u503c\u7684\u4ed3\u4f4d\uff09\uff0c\u53ef\u80fd\u66f4\u6709\u5229\u3002<\/p>\n<p>\u4e0a\u8ff0\u653f\u7b56\u8f6c\u5411\u4e5f\u53ef\u80fd\u63a8\u9ad8\u56fd\u5185\u5229\u7387\u3002\u4ea4\u6613\u8005\u5e94\u7559\u610f\u65b0\u52a0\u5761\u9694\u591c\u5e73\u5747\u5229\u7387\uff08SORA\uff0cSingapore Overnight Rate Average\uff1a\u65b0\u52a0\u5761\u4e3b\u8981\u65e0\u98ce\u9669\u5229\u7387\u57fa\u51c6\uff09\u4e0a\u884c\u3002\u53ef\u901a\u8fc7\u5229\u7387\u6389\u671f\uff08interest rate swaps\uff1a\u4ea4\u6362\u56fa\u5b9a\u5229\u7387\u4e0e\u6d6e\u52a8\u5229\u7387\u73b0\u91d1\u6d41\u7684\u5408\u7ea6\uff09\u8fdb\u884c\u5e03\u5c40\uff0c\u5c24\u5176\u662f3\u6708\u6838\u5fc3\u901a\u80c0\u8fbe2.1%\uff0c\u5df2\u4e3a\u66f4\u9ad8\u5229\u7387\u63d0\u4f9b\u4f9d\u636e\u3002<\/p>\n<p>\u65b0\u5143\u671f\u6743\u7684\u9690\u542b\u6ce2\u52a8\u7387\uff08implied volatility\uff1a\u671f\u6743\u4ef7\u683c\u53cd\u6620\u5e02\u573a\u5bf9\u672a\u6765\u6ce2\u52a8\u7684\u9884\u671f\uff09\u5728\u516c\u5e03\u524d\u53ef\u80fd\u7ef4\u6301\u504f\u9ad8\u3002\u5173\u952e\u5728\u4e8eMAS\u662f\u5426\u5982\u9884\u671f\u4e0a\u8c03\u5b98\u65b9\u901a\u80c0\u9884\u6d4b\u3002\u82e5\u6838\u5fc3\u901a\u80c0\u9884\u6d4b\u4e0a\u8c03\u81f31.5%\u20132.5%\uff0c\u5c06\u786e\u8ba4\u653f\u7b56\u7acb\u573a\u66f4\u504f\u6536\u7d27\uff0c\u5e76\u53ef\u80fd\u5728\u672a\u6765\u6570\u5468\u652f\u6491\u65b0\u5143\u7ef4\u6301\u5f3a\u52bf\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u6cb9\u4ef7\u903c\u8fd1100\u7f8e\u5143\u3001\u51fa\u53e3\u4ecd\u5f3a\uff0cDBS\u6599MAS 4\u670814\u65e5\u5c0f\u5e45\u4e0a\u8c03\u65b0\u5143NEER\u659c\u7387\u5e76\u4e0a\u4fee\u901a\u80c0\u9884\u6d4b\uff1b\u4ea4\u6613\u53ef\u504f\u591a\u65b0\u5143\u3001\u5173\u6ce8SORA\u8d70\u9ad8\u4e0e\u671f\u6743\u6ce2\u52a8\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-44399","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\/44399","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=44399"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/44399\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=44399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=44399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=44399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}