{"id":44596,"date":"2026-04-14T11:22:47","date_gmt":"2026-04-14T11:22:47","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/%e8%b1%aa%e7%91%9f%e7%9a%84%e6%bb%9e%e8%83%80%e8%ad%a6%e5%91%8a%e6%8b%96%e7%b4%af%e6%be%b3%e5%85%83%e8%b7%8c%e8%87%b3%e5%a4%9a%e6%95%b0%e5%90%8c%e7%b1%bb%e8%b4%a7%e5%b8%81%e4%b9%8b%e4%b8%8b%ef%bc%8c\/"},"modified":"2026-04-14T11:22:47","modified_gmt":"2026-04-14T11:22:47","slug":"%e8%b1%aa%e7%91%9f%e7%9a%84%e6%bb%9e%e8%83%80%e8%ad%a6%e5%91%8a%e6%8b%96%e7%b4%af%e6%be%b3%e5%85%83%e8%b7%8c%e8%87%b3%e5%a4%9a%e6%95%b0%e5%90%8c%e7%b1%bb%e8%b4%a7%e5%b8%81%e4%b9%8b%e4%b8%8b%ef%bc%8c","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/live-updates\/%e8%b1%aa%e7%91%9f%e7%9a%84%e6%bb%9e%e8%83%80%e8%ad%a6%e5%91%8a%e6%8b%96%e7%b4%af%e6%be%b3%e5%85%83%e8%b7%8c%e8%87%b3%e5%a4%9a%e6%95%b0%e5%90%8c%e7%b1%bb%e8%b4%a7%e5%b8%81%e4%b9%8b%e4%b8%8b%ef%bc%8c\/","title":{"rendered":"\u8c6a\u745f\u7684\u6ede\u80c0\u8b66\u544a\u62d6\u7d2f\u6fb3\u5143\u8dcc\u81f3\u591a\u6570\u540c\u7c7b\u8d27\u5e01\u4e4b\u4e0b\uff0c\u4ec5\u8dd1\u8d62\u7f8e\u5143"},"content":{"rendered":"

\u6fb3\u5143\uff08AUD\uff09\u5728\u5468\u4e8c\u6b27\u6d32\u65f6\u6bb5\u5bf9\u591a\u6570\u4e3b\u8981\u8d27\u5e01\u8d70\u4f4e\uff0c\u4ec5\u76f8\u5bf9\u7f8e\u5143\uff08USD\uff09\u8868\u73b0\u8f83\u597d\u3002\u6b64\u524d\uff0c\u6fb3\u6d32\u50a8\u5907\u94f6\u884c\uff08RBA\uff0c\u6fb3\u6d32\u592e\u884c\uff09\u526f\u884c\u957f\u5b89\u5fb7\u9c81\u00b7\u8c6a\u6cfd\uff08Andrew Hauser\uff09\u8868\u793a\uff0c\u672a\u6765\u51e0\u4e2a\u6708\u53ef\u80fd\u4f1a\u5f88\u8270\u96be\uff0c\u539f\u56e0\u662f\u4e2d\u4e1c\u76f8\u5173\u7684\u80fd\u6e90\u4f9b\u5e94\u53d7\u6270\uff0c\u4ee5\u53ca\u901a\u80c0\uff08\u7269\u4ef7\u6301\u7eed\u4e0a\u6da8\uff09\u4ecd\u9ad8\u4f01\uff0c\u6fb3\u5143\u56e0\u6b64\u627f\u538b\u3002<\/p>\n

\u8c6a\u6cfd\u8bf4\uff0c\u5728\u901a\u80c0\u9ad8\u4f01\u4e0e\u4f9b\u5e94\u53d7\u9650\uff08\u4f9b\u5e94\u94fe\u4e0d\u987a\u3001\u4f9b\u8d27\u4e0d\u8db3\uff09\u7684\u80cc\u666f\u4e0b\uff0c\u7ecf\u6d4e\u6b63\u96be\u4ee5\u201c\u6d88\u5316\u80fd\u6e90\u5371\u673a\u5e26\u6765\u7684\u51b2\u51fb\u201d\uff0c\u5e76\u63d0\u9ad8\u51fa\u73b0\u201c\u7c7b\u6ede\u80c0\u60c5\u666f\u201d\u7684\u98ce\u9669\u3002\u6240\u8c13\u6ede\u80c0\uff08stagflation\uff09\uff0c\u662f\u6307**\u7ecf\u6d4e\u589e\u957f\u653e\u7f13\u751a\u81f3\u505c\u6ede**\uff0c\u4f46**\u7269\u4ef7\u4ecd\u6301\u7eed\u4e0a\u6da8**\u7684\u5c40\u9762\u3002\u4ed6\u4e5f\u8868\u793a\uff0c\u8fd9\u4f1a\u662f\u592e\u884c\u7684\u201c\u5669\u68a6\u201d\u3002<\/p>\n

Rba Warning Fuels Stagflation Fears<\/h3>\n

\u5e02\u573a\u62c5\u5fe7\uff0c\u80fd\u6e90\u51b2\u51fb\u53ef\u80fd\u5f71\u54cd\u90e8\u5206\u6fb3\u6d32\u4f01\u4e1a\u7684\u5b63\u5ea6\u76c8\u5229\u3002\u897f\u592a\u5e73\u6d0b\u94f6\u884c\uff08Westpac\uff09\u6307\u51fa\uff0c\u80fd\u6e90\u5e02\u573a\u53d7\u6270\u53ef\u80fd\u63a8\u9ad8\u901a\u80c0\u5e76\u63a8\u9ad8\u5229\u7387\uff08\u501f\u8d37\u6210\u672c\uff09\uff0c\u540c\u65f6\u7ecf\u6d4e\u589e\u957f\u653e\u6162\u4f1a\u8ba9\u90e8\u5206\u5ba2\u6237\u7684\u7ecf\u8425\u73af\u5883\u66f4\u8270\u96be\u3002<\/p>\n

\u5e02\u573a\u60c5\u7eea\u56e0\u9884\u671f\u7f8e\u4f0a\u5c31\u6c38\u4e45\u505c\u706b\u7684\u8c08\u5224\u53ef\u80fd\u7ee7\u7eed\u800c\u6709\u6240\u6539\u5584\u3002\u6807\u666e500\u6307\u6570\u671f\u8d27\uff08S&P 500 futures\uff0c\u53cd\u6620\u7f8e\u80a1\u5927\u76d8\u7684\u671f\u8d27\u5408\u7ea6\uff09\u4e0a\u6da80.2%\uff0c\u63a5\u8fd16,900\u70b9\uff1b\u7f8e\u5143\u6307\u6570\uff08DXY\uff0c\u7528\u6765\u8861\u91cf\u7f8e\u5143\u5bf9\u4e00\u7bee\u5b50\u4e3b\u8981\u8d27\u5e01\u5f3a\u5f31\u7684\u6307\u6807\uff09\u4e0b\u8dcc0.2%\uff0c\u63a5\u8fd198.00\u3002<\/p>\n

\u8def\u900f\u793e\u62a5\u9053\uff0c\u7f8e\u56fd\u4e0e\u4f0a\u6717\u7684\u8c08\u5224\u56e2\u961f\u53ef\u80fd\u5728\u672c\u5468\u8fd4\u56de\u4f0a\u65af\u5170\u5821\u3002\u9996\u8f6e\u8c08\u5224\u672a\u6709\u7a81\u7834\uff0c\u7f8e\u56fd\u4ecd\u575a\u6301\u5bf9\u4f0a\u6717\u6838\u8ba1\u5212\u7684\u8981\u6c42\uff0c\u5e76\u8981\u6c42\u91cd\u5f00\u970d\u5c14\u6728\u5179\u6d77\u5ce1\uff08Strait of Hormuz\uff0c\u91cd\u8981\u7684\u77f3\u6cb9\u8fd0\u8f93\u901a\u9053\uff09\u3002<\/p>\n

\u8c6a\u6cfd\u7684\u5f3a\u70c8\u8b66\u544a\u91ca\u653e\u51fa\u4e00\u4e2a\u4fe1\u53f7\uff1a\u592e\u884c\u8981\u9760\u52a0\u606f\uff08\u63d0\u9ad8\u653f\u7b56\u5229\u7387\uff09\u6765\u538b\u4f4e\u901a\u80c0\uff0c\u5c06\u9762\u5bf9\u5f88\u5927\u63a3\u8098\uff0c\u56e0\u4e3a\u52a0\u606f\u53ef\u80fd\u8fdb\u4e00\u6b65\u6253\u51fb\u672c\u5c31\u8106\u5f31\u3001\u53c8\u53d7\u80fd\u6e90\u5371\u673a\u62d6\u7d2f\u7684\u7ecf\u6d4e\u3002\u5bf9\u884d\u751f\u54c1\u4ea4\u6613\u8005\uff08derivative traders\uff0c\u4ea4\u6613\u671f\u6743\/\u671f\u8d27\u7b49\u201c\u4ef7\u683c\u6765\u81ea\u6807\u7684\u8d44\u4ea7\u201d\u7684\u5de5\u5177\u7684\u4eba\uff09\u800c\u8a00\uff0c\u8fd9\u610f\u5473\u7740\u53ef\u8003\u8651\u66f4\u504f\u5411\u4ece\u6fb3\u5143\u8d70\u5f31\u4e2d\u83b7\u5229\u7684\u7b56\u7565\u3002<\/p>\n

Derivative Strategy Implications For Aud<\/h3>\n

\u6ede\u80c0\u98ce\u9669\u4e0d\u53ea\u662f\u53e3\u5934\u8bf4\u6cd5\uff0c\u6570\u636e\u4e5f\u63d0\u4f9b\u652f\u6491\u3002\u6fb3\u6d322026\u5e74\u7b2c\u4e00\u5b63CPI\uff08\u5c45\u6c11\u6d88\u8d39\u4ef7\u683c\u6307\u6570\uff0c\u7528\u6765\u8861\u91cf\u901a\u80c0\u7684\u5e38\u7528\u6307\u6807\uff09\u663e\u793a\u901a\u80c0\u4ecd\u987d\u56fa\u5730\u5904\u5728\u540c\u6bd44.1%\uff1b\u800c2025\u5e74\u7b2c\u56db\u5b63GDP\uff08\u56fd\u5185\u751f\u4ea7\u603b\u503c\uff0c\u8861\u91cf\u7ecf\u6d4e\u89c4\u6a21\u4e0e\u589e\u957f\uff09\u6570\u636e\u663e\u793a\uff0c\u589e\u957f\u5df2\u653e\u7f13\u81f3\u4ec50.3%\u3002\u7269\u4ef7\u4e0a\u6da8\u4e0e\u589e\u957f\u505c\u6ede\u5e76\u5b58\uff0c\u6b63\u662f\u8fd9\u4f4dRBA\u5b98\u5458\u6240\u8bf4\u7684\u201c\u5669\u68a6\u201d\u60c5\u666f\u3002<\/p>\n

\u80fd\u6e90\u51b2\u51fb\u662f\u5173\u952e\u63a8\u624b\u3002WTI\u539f\u6cb9\u671f\u8d27\uff08West Texas Intermediate crude oil futures\uff0c\u7f8e\u56fd\u57fa\u51c6\u539f\u6cb9\u7684\u671f\u8d27\u5408\u7ea6\uff09\u8fd1\u51e0\u5468\u51b2\u7834\u6bcf\u6876115\u7f8e\u5143\u3002\u8fd9\u4f1a\u76f4\u63a5\u6324\u538b\u4f01\u4e1a\u5229\u6da6\u4e0e\u6d88\u8d39\u8005\u5f00\u652f\uff0c\u4ece\u57fa\u672c\u9762\uff08fundamental\uff0c\u6765\u81ea\u7ecf\u6d4e\u4e0e\u4ea7\u4e1a\u7684\u6838\u5fc3\u56e0\u7d20\uff09\u89d2\u5ea6\u52a0\u91cd\u5bf9\u6fb3\u6d32\u7ecf\u6d4e\u7684\u770b\u7a7a\u7406\u7531\uff0c\u5e76\u53ef\u80fd\u5728\u4e2d\u671f\u6301\u7eed\u6784\u6210\u963b\u529b\u3002<\/p>\n

\u5728\u4e0d\u786e\u5b9a\u6027\u4e0a\u5347\u4e4b\u4e0b\uff0cAUD\/USD\u671f\u6743\u7684\u9690\u542b\u6ce2\u52a8\u7387\uff08implied volatility\uff0c\u671f\u6743\u4ef7\u683c\u53cd\u6620\u5e02\u573a\u9884\u671f\u672a\u6765\u6ce2\u52a8\u5927\u5c0f\u7684\u6307\u6807\uff09\u8d70\u9ad8\uff0c\u6fb3\u5143VIX\uff08Aussie VIX\uff0c\u8861\u91cf\u6fb3\u5143\u76f8\u5173\u5e02\u573a\u6ce2\u52a8\u9884\u671f\u7684\u6307\u6807\uff09\u5347\u81f39.5\uff0c\u521b\u4e0b\u81ea2025\u5e74\u521d\u5e02\u573a\u52a8\u8361\u4ee5\u6765\u7684\u6700\u9ad8\u6c34\u5e73\u3002\u8fd9\u4f7f\u5f97\u4e70\u5165\u770b\u8dcc\u671f\u6743\uff08put options\uff0c\u4e00\u79cd\u5728\u672a\u6765\u4ee5\u7ea6\u5b9a\u4ef7\u683c\u5356\u51fa\u6807\u7684\u7684\u6743\u5229\uff0c\u7528\u6765\u62bc\u6ce8\u4ef7\u683c\u4e0b\u8dcc\uff09\u6210\u4e3a\u66f4\u6709\u5438\u5f15\u529b\u7684\u505a\u6cd5\uff0c\u56e0\u4e3a\u53ef\u628a\u6700\u5927\u4e8f\u635f\u9650\u5b9a\u5728\u671f\u6743\u91d1\uff08\u4fdd\u8d39\uff09\u4e4b\u5185\u3002\u8fd1\u671f\u6570\u636e\u4e5f\u663e\u793a\uff0c\u6295\u673a\u8d44\u91d1\u5bf9\u6fb3\u5143\u7684\u51c0\u7a7a\u5934\uff08speculative net short\uff0c\u5e02\u573a\u4e0a\u62bc\u6ce8\u4e0b\u8dcc\u7684\u4ed3\u4f4d\u591a\u4e8e\u62bc\u6ce8\u4e0a\u6da8\u7684\u4ed3\u4f4d\uff09\u5df2\u8fde\u7eed\u4e09\u5468\u589e\u52a0\uff0c\u8bf4\u660e\u6301\u76f8\u540c\u770b\u6cd5\u7684\u4e0d\u5c11\u3002<\/p>\n

\u7f8e\u4f0a\u505c\u706b\u8c08\u5224\u8ba9\u5e02\u573a\u7565\u504f\u201c\u98ce\u9669\u504f\u597d\u201d\uff08risk-on\uff0c\u8d44\u91d1\u66f4\u613f\u610f\u4e70\u5165\u80a1\u7968\u3001\u5546\u54c1\u7b49\u98ce\u9669\u8d44\u4ea7\uff09\u7684\u6c1b\u56f4\uff0c\u6309\u7406\u901a\u5e38\u4f1a\u652f\u6301\u6fb3\u5143\u3002\u4f46\u6fb3\u5143\u4eca\u5929\u4ecd\u8d70\u5f31\uff0c\u53cd\u6620\u56fd\u5185\u95ee\u9898\u538b\u8fc7\u4e86\u8fd9\u80a1\u5229\u597d\u60c5\u7eea\u3002\u56e0\u6b64\uff0c\u82e5\u5730\u7f18\u653f\u6cbb\u6d88\u606f\u5e26\u6765\u6fb3\u5143\u77ed\u7ebf\u53cd\u5f39\uff0c\u53ef\u80fd\u66f4\u50cf\u662f\u5efa\u7acb\u770b\u7a7a\u4ed3\u4f4d\u7684\u8f83\u4f73\u65f6\u673a\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

RBA\u526f\u884c\u957f\u8b66\u544a\u80fd\u6e90\u6270\u52a8\u4e0e\u9ad8\u901a\u80c0\u6216\u5f15\u53d1\u201c\u6ede\u80c0\u5669\u68a6\u201d\uff0c\u6fb3\u5143\u627f\u538b\u8d70\u5f31\u3002\u6cb9\u4ef7\u98d9\u5347\u3001\u589e\u957f\u653e\u7f13\u63a8\u5347\u6ce2\u52a8\u7387\u4e0e\u7a7a\u5934\u589e\u4ed3\uff1b\u53cd\u5f39\u6216\u6210\u5e03\u5c40\u770b\u8dcc\u826f\u673a\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-44596","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\/44596","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=44596"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/44596\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=44596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=44596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=44596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}