{"id":45014,"date":"2026-04-20T00:27:20","date_gmt":"2026-04-20T00:27:20","guid":{"rendered":"https:\/\/www.vtmarketsmy.com\/cn\/uncategorized\/%e6%96%b0%e8%a5%bf%e5%85%b03%e6%9c%88%e8%bf%9b%e5%8f%a3%e9%a2%9d%e5%a2%9e%e8%87%b372-5%e4%ba%bf%e7%be%8e%e5%85%83%ef%bc%8c%e9%ab%98%e4%ba%8e%e6%ad%a4%e5%89%8d%e7%9a%8468-9%e4%ba%bf%e7%be%8e%e5%85%83\/"},"modified":"2026-04-20T00:27:20","modified_gmt":"2026-04-20T00:27:20","slug":"%e6%96%b0%e8%a5%bf%e5%85%b03%e6%9c%88%e8%bf%9b%e5%8f%a3%e9%a2%9d%e5%a2%9e%e8%87%b372-5%e4%ba%bf%e7%be%8e%e5%85%83%ef%bc%8c%e9%ab%98%e4%ba%8e%e6%ad%a4%e5%89%8d%e7%9a%8468-9%e4%ba%bf%e7%be%8e%e5%85%83","status":"publish","type":"post","link":"https:\/\/www.vtmarketsmy.com\/cn\/live-updates\/%e6%96%b0%e8%a5%bf%e5%85%b03%e6%9c%88%e8%bf%9b%e5%8f%a3%e9%a2%9d%e5%a2%9e%e8%87%b372-5%e4%ba%bf%e7%be%8e%e5%85%83%ef%bc%8c%e9%ab%98%e4%ba%8e%e6%ad%a4%e5%89%8d%e7%9a%8468-9%e4%ba%bf%e7%be%8e%e5%85%83\/","title":{"rendered":"\u65b0\u897f\u51703\u6708\u8fdb\u53e3\u989d\u589e\u81f372.5\u4ebf\u7f8e\u5143\uff0c\u9ad8\u4e8e\u6b64\u524d\u768468.9\u4ebf\u7f8e\u5143"},"content":{"rendered":"

\u65b0\u897f\u51703\u6708\u8fdb\u53e3\u603b\u989d\u4e3a72.5\u4ebf\u7f8e\u5143\uff0c\u9ad8\u4e8e2\u6708\u768468.9\u4ebf\u7f8e\u5143\uff0c\u589e\u52a03.6\u4ebf\u7f8e\u5143\u3002<\/p>\n

3\u6708\u8fdb\u53e3\u8fbe\u523072.5\u4ebf\u7f8e\u5143\uff0c\u5f3a\u4e8e\u5e02\u573a\u9884\u671f\uff0c\u663e\u793a\u65b0\u897f\u5170\u56fd\u5185\u9700\u6c42\u6bd4\u9884\u60f3\u66f4\u6709\u97e7\u6027\u3002\u56fd\u5185\u9700\u6c42\u504f\u5f3a\u4f1a\u8ba9\u7ecf\u6d4e\u201c\u8fc7\u70ed\u201d\uff08\u6307\u9700\u6c42\u592a\u65fa\u3001\u4ef7\u683c\u548c\u5de5\u8d44\u66f4\u5bb9\u6613\u4e0a\u6da8\uff09\u7684\u98ce\u9669\u4e0a\u5347\uff0c\u589e\u52a0\u65b0\u897f\u5170\u50a8\u5907\u94f6\u884c\uff08RBNZ\uff0c\u7b49\u540c\u65b0\u897f\u5170\u592e\u884c\uff09\u7ef4\u6301\u7d27\u7f29\u8d27\u5e01\u653f\u7b56\uff08\u6307\u7528\u8f83\u9ad8\u5229\u7387\u7b49\u65b9\u5f0f\u538b\u901a\u80c0\u3001\u653e\u7f13\u9700\u6c42\uff09\u7684\u538b\u529b\u3002\u77ed\u671f\u5e02\u573a\u53cd\u5e94\u53ef\u80fd\u5bf9\u7ebd\u5143\u4e0d\u5229\uff0c\u56e0\u4e3a\u8fdb\u53e3\u5546\u9700\u8981\u628a\u7ebd\u5143\u5356\u51fa\u3001\u6362\u6210\u5916\u5e01\u6765\u652f\u4ed8\u8fdb\u53e3\u8d27\u6b3e\u3002<\/p>\n

Rbnz Policy Outlook<\/h3>\n

\u6211\u4eec\u8ba4\u4e3a\uff0c\u8fd9\u7ec4\u6570\u636e\u5f3a\u5316\u4e86RBNZ\u5728\u5e74\u4e2d\u524d\u628a\u5b98\u65b9\u73b0\u91d1\u5229\u7387\uff08OCR\uff0c\u65b0\u897f\u5170\u653f\u7b56\u5229\u7387\u57fa\u51c6\uff09\u7ef4\u6301\u5728\u5f53\u524d\u9ad8\u4f4d\u4e0d\u53d8\u7684\u7406\u7531\u3002\u4f7f\u7528\u5229\u7387\u6389\u671f\uff08interest rate swaps\uff0c\u7528\u6765\u5bf9\u51b2\u6216\u62bc\u6ce8\u672a\u6765\u5229\u7387\u53d8\u5316\u7684\u91d1\u878d\u5408\u7ea6\uff09\u7684\u4ea4\u6613\u8005\u5e94\u8c28\u614e\uff0c\u4e0d\u8981\u8fc7\u65e9\u62bc\u6ce8\u77ed\u671f\u964d\u606f\uff0c\u56e0\u4e3a\u8fd9\u652f\u6301\u201c\u5229\u7387\u7ef4\u6301\u9ad8\u4f4d\u66f4\u4e45\u201d\uff08higher for longer\uff0c\u6307\u964d\u606f\u4f1a\u66f4\u665a\u3001\u5229\u7387\u9ad8\u4f4d\u65f6\u95f4\u66f4\u957f\uff09\u7684\u5224\u65ad\u3002\u7c7b\u4f3c\u60c5\u51b5\u66fe\u51fa\u73b0\u57282025\u5e74\u4e2d\uff0c\u5f53\u65f6\u5f3a\u52b2\u7684\u672c\u5730\u6570\u636e\u4e00\u518d\u63a8\u8fdf\u5e02\u573a\u5bf9RBNZ\u201c\u8f6c\u5411\u201d\uff08pivot\uff0c\u6307\u4ece\u52a0\u606f\/\u9ad8\u5229\u7387\u8f6c\u4e3a\u964d\u606f\/\u5bbd\u677e\uff09\u7684\u9884\u671f\u3002<\/p>\n

\u8d27\u5e01\u9762\u4e34\u76f8\u53cd\u529b\u91cf\uff0c\u672a\u6765\u51e0\u5468\u7ebd\u5143\u76f8\u5173\u8d27\u5e01\u5bf9\u7684\u6ce2\u52a8\u53ef\u80fd\u4e0a\u5347\u3002\u6570\u636e\u663e\u793a\uff0c\u7ebd\u5143\/\u7f8e\u5143\u4e00\u4e2a\u6708\u9690\u542b\u6ce2\u52a8\u7387\uff08implied volatility\uff0c\u671f\u6743\u4ef7\u683c\u53cd\u6620\u7684\u5e02\u573a\u5bf9\u672a\u6765\u6ce2\u52a8\u7684\u9884\u671f\uff09\u5df2\u5347\u81f311.2%\uff0c\u4e3a\u672c\u5b63\u5ea6\u6700\u9ad8\uff0c\u56e0\u4ea4\u6613\u8005\u9884\u671f\u5404\u56fd\u592e\u884c\u653f\u7b56\u5dee\u5f02\u6269\u5927\u3002\u6b64\u7c7b\u73af\u5883\u4e0b\uff0c\u4e70\u5165\u671f\u6743\u7b56\u7565\u5982\u8de8\u5f0f\uff08straddle\uff0c\u540c\u65f6\u4e70\u5165\u540c\u5230\u671f\u3001\u540c\u6267\u884c\u4ef7\u7684\u770b\u6da8\u4e0e\u770b\u8dcc\u671f\u6743\uff09\u6216\u5bbd\u8de8\u5f0f\uff08strangle\uff0c\u540c\u65f6\u4e70\u5165\u540c\u5230\u671f\u3001\u4e0d\u540c\u6267\u884c\u4ef7\u7684\u770b\u6da8\u4e0e\u770b\u8dcc\u671f\u6743\uff09\u66f4\u5177\u5438\u5f15\u529b\uff0c\u4ee5\u628a\u63e1\u53ef\u80fd\u51fa\u73b0\u7684\u5927\u5e45\u6ce2\u52a8\u3002<\/p>\n

\u65b0\u897f\u5170\u9700\u6c42\u504f\u5f3a\uff0c\u4e0e\u6fb3\u6d32\u8fd1\u671f\u6570\u636e\u7565\u8f6c\u5f31\u5f62\u6210\u5bf9\u6bd4\uff0c\u53ef\u80fd\u8ba9\u505a\u7a7a\u6fb3\u5143\/\u7ebd\u5143\uff08short AUD\/NZD\uff0c\u62bc\u6ce8\u8be5\u6c47\u7387\u4e0b\u8dcc\uff0c\u5373\u7ebd\u5143\u76f8\u5bf9\u6fb3\u5143\u8f6c\u5f3a\uff09\u66f4\u5177\u5438\u5f15\u529b\u3002\u65b0\u897f\u5170\u8d38\u6613\u9006\u5dee\uff08trade deficit\uff0c\u8fdb\u53e3\u989d\u9ad8\u4e8e\u51fa\u53e3\u989d\u7684\u5dee\u989d\uff09\u57282026\u5e74\u7b2c\u4e00\u5b63\u5ea6\u53ef\u80fd\u8fdb\u4e00\u6b65\u6269\u5927\uff0c\u5c24\u5176\u662f\u5728\u5168\u8102\u5976\u7c89\u671f\u8d27\uff08whole milk powder futures\uff0c\u53cd\u6620\u672a\u6765\u5976\u7c89\u4ef7\u683c\u9884\u671f\u7684\u671f\u8d27\u5408\u7ea6\uff09\u81ea2\u6708\u4ee5\u6765\u4e0b\u8dcc3.5%\u7684\u60c5\u51b5\u4e0b\u3002\u5386\u53f2\u4e0a\uff0c\u8fd9\u7c7b\u7ecf\u6d4e\u5206\u5316\u901a\u5e38\u6709\u5229\u4e8e\u7ebd\u5143\u76f8\u5bf9\u6fb3\u5143\u8d70\u5f3a\uff0c\u6b63\u5982\u6211\u4eec\u57282024\u5e74\u672b\u770b\u5230\u7684\u3002<\/p>\n

Nzd Pair Volatility<\/h3>\n","protected":false},"excerpt":{"rendered":"

\u7ebd\u897f\u51703\u6708\u8fdb\u53e3\u98d9\u81f372.5\u4ebf\u7f8e\u5143\u8d85\u9884\u671f\uff0c\u9700\u6c42\u97e7\u6027\u63a8\u9ad8\u201c\u5229\u7387\u66f4\u4e45\u201d\u51e0\u7387\uff1b\u77ed\u7ebf\u7ebd\u5143\u6216\u53d7\u6362\u6c47\u538b\u6291\uff0c\u4f46\u9690\u542b\u6ce2\u52a8\u6500\u5347\uff0c\u671f\u6743\u8de8\u5f0f\u66f4\u5438\u5f15\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-45014","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\/45014","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=45014"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/posts\/45014\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/media?parent=45014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/categories?post=45014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsmy.com\/cn\/wp-json\/wp\/v2\/tags?post=45014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}