{"id":32065,"date":"2026-03-24T15:52:14","date_gmt":"2026-03-24T15:52:14","guid":{"rendered":"https:\/\/www.vtmarkets.com\/cn\/uncategorized\/2%e6%9c%8828%e6%97%a5%ef%bc%8c%e7%be%8e%e5%9b%bdadp%e5%9b%9b%e5%91%a8%e5%b9%b3%e5%9d%87%e5%b0%b1%e4%b8%9a%e5%8f%98%e5%8a%a8%e4%bb%8e9000%e4%ba%ba%e4%b8%8a%e5%8d%87%e8%87%b310000%e4%ba%ba\/"},"modified":"2026-03-24T15:52:14","modified_gmt":"2026-03-24T15:52:14","slug":"2%e6%9c%8828%e6%97%a5%ef%bc%8c%e7%be%8e%e5%9b%bdadp%e5%9b%9b%e5%91%a8%e5%b9%b3%e5%9d%87%e5%b0%b1%e4%b8%9a%e5%8f%98%e5%8a%a8%e4%bb%8e9000%e4%ba%ba%e4%b8%8a%e5%8d%87%e8%87%b310000%e4%ba%ba","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/cn\/live-updates\/2%e6%9c%8828%e6%97%a5%ef%bc%8c%e7%be%8e%e5%9b%bdadp%e5%9b%9b%e5%91%a8%e5%b9%b3%e5%9d%87%e5%b0%b1%e4%b8%9a%e5%8f%98%e5%8a%a8%e4%bb%8e9000%e4%ba%ba%e4%b8%8a%e5%8d%87%e8%87%b310000%e4%ba%ba\/","title":{"rendered":"2\u670828\u65e5\uff0c\u7f8e\u56fdADP\u56db\u5468\u5e73\u5747\u5c31\u4e1a\u53d8\u52a8\u4ece9,000\u4eba\u4e0a\u5347\u81f310,000\u4eba"},"content":{"rendered":"\u7f8e\u56fdADP\u5c31\u4e1a\u53d8\u52a8\uff084\u5468\u5e73\u5747\uff09\u57282\u670828\u65e5\u5347\u81f31\u4e07\uff0810K\uff09\u3002\u524d\u503c\u4e3a9\u5343\uff089K\uff09\u3002\n\n\u76f8\u6bd4\u6b64\u524d\u8bfb\u6570\u589e\u52a01\u5343\uff081K\uff09\u3002\u8fd9\u9879\u6570\u636e\u6307\u7684\u662f\u201cADP\u5c31\u4e1a\u53d8\u52a84\u5468\u5e73\u5747\u201d\uff0c\u5373\u628a\u6700\u8fd14\u5468\u7684ADP\u65b0\u589e\u5c31\u4e1a\u4eba\u6570\u53d6\u5e73\u5747\uff0c\u7528\u6765\u51cf\u5c11\u5355\u5468\u6570\u636e\u6ce2\u52a8\uff0c\u66f4\u6e05\u695a\u89c2\u5bdf\u5c31\u4e1a\u8d8b\u52bf\u3002\n\n<h3>ADP\u8d8b\u52bf\u4e0e\u7f8e\u8054\u50a8\u653f\u7b56\u80cc\u666f<\/h3>\n\u56de\u987e\u8fc7\u53bb\uff0c2025\u5e742\u6708\u7684ADP\u5c31\u4e1a\u6570\u636e\u4ec5\u5e73\u5747\u65b0\u589e1\u4e07\u4e2a\u5c97\u4f4d\uff0c\u53cd\u6620\u5f53\u65f6\u7ecf\u6d4e\u660e\u663e\u653e\u7f13\u3002\u7531\u4e8e\u7ecf\u6d4e\u75b2\u5f31\uff0c\u7f8e\u8054\u50a8\uff08Federal Reserve\uff0c\u7b80\u79f0Fed\uff0c\u7f8e\u56fd\u4e2d\u592e\u94f6\u884c\uff09\u5728\u5f53\u5e74\u968f\u540e\u591a\u6b21\u964d\u606f\u3002\u964d\u606f\u5c5e\u4e8e\u201c\u8d27\u5e01\u5bbd\u677e\u201d\uff08monetary easing\uff09\uff0c\u610f\u601d\u662f\u901a\u8fc7\u964d\u4f4e\u5229\u7387\u8ba9\u501f\u8d37\u6210\u672c\u66f4\u4f4e\uff0c\u4ee5\u523a\u6fc0\u6d88\u8d39\u4e0e\u6295\u8d44\u3002\u5982\u4eca\u5230\u4e862026\u5e743\u6708\uff0c\u5e02\u573a\u6b63\u5728\u6d88\u5316\u8fd9\u8f6e\u5bbd\u677e\u5e26\u6765\u7684\u5f71\u54cd\u3002\n\n\u76ee\u524d\u7ecf\u6d4e\u60c5\u51b5\u5df2\u4e0d\u540c\u30022026\u5e742\u6708\u6700\u65b0\u975e\u519c\u5c31\u4e1a\u62a5\u544a\uff08Non-Farm Payrolls\uff0c\u7b80\u79f0NFP\uff0c\u7edf\u8ba1\u975e\u519c\u4e1a\u9886\u57df\u65b0\u589e\u5c31\u4e1a\u4eba\u6570\u7684\u91cd\u8981\u6307\u6807\uff09\u663e\u793a\u65b0\u589e19.5\u4e07\u4e2a\u5c97\u4f4d\uff0c\u8868\u73b0\u66f4\u7a33\u5065\u3002\u518d\u52a0\u4e0a\u8fd1\u671f\u6570\u636e\u663e\u793a\u6838\u5fc3\u901a\u80c0\uff08core inflation\uff0c\u5254\u9664\u98df\u54c1\u4e0e\u80fd\u6e90\u7b49\u6ce2\u52a8\u8f83\u5927\u7684\u4ef7\u683c\uff0c\u66f4\u80fd\u53cd\u6620\u957f\u671f\u7269\u4ef7\u8d8b\u52bf\uff09\u7ef4\u6301\u57282.8%\uff0c\u8bf4\u660e\u7ecf\u6d4e\u8f83\u6709\u652f\u6491\u3002\u8fd9\u4f7f\u5e02\u573a\u4e0d\u786e\u5b9a\u7f8e\u8054\u50a8\u662f\u5426\u4f1a\u7ee7\u7eed\u7ef4\u6301\u201c\u504f\u5bbd\u677e\u201d\uff08accommodative stance\uff0c\u6307\u5229\u7387\u8f83\u4f4e\u3001\u653f\u7b56\u8f83\u652f\u6301\u7ecf\u6d4e\uff09\u7684\u7acb\u573a\uff0c\u6216\u9009\u62e9\u6682\u505c\u8fdb\u4e00\u6b65\u884c\u52a8\u3002\n\n\u5728\u8fd9\u79cd\u60c5\u51b5\u4e0b\uff0c\u53ef\u8003\u8651\u7528\u7f8e\u56fd\u56fd\u503a\u671f\u8d27\u7684\u671f\u6743\uff08options on Treasury futures\uff0c\u7528\u671f\u6743\u6765\u62bc\u6ce8\u6216\u5bf9\u51b2\u56fd\u503a\u4ef7\u683c\u4e0e\u5229\u7387\u6ce2\u52a8\uff09\u6765\u5e94\u5bf9\u5229\u7387\u6ce2\u52a8\u4e0a\u5347\u7684\u98ce\u9669\u3002\u5e02\u573a\u4ecd\u9884\u671f\u5e74\u5e95\u524d\u53ef\u80fd\u518d\u964d\u606f\u4e00\u6b21\uff0c\u4f46\u82e5\u5f3a\u52b2\u6570\u636e\u5ef6\u7eed\uff0c\u8fd9\u4e2a\u9884\u671f\u53ef\u80fd\u5f88\u5feb\u6539\u53d8\u3002\u5c4a\u65f6\u8054\u90a6\u57fa\u91d1\u5229\u7387\u671f\u8d27\uff08Fed funds futures\uff0c\u53cd\u6620\u5e02\u573a\u5bf9\u672a\u6765\u653f\u7b56\u5229\u7387\u9884\u671f\u7684\u671f\u8d27\uff09\u82e5\u88ab\u5feb\u901f\u91cd\u65b0\u5b9a\u4ef7\uff0c\u53ef\u80fd\u5e26\u6765\u4ea4\u6613\u673a\u4f1a\uff0c\u5c24\u5176\u662f\u62bc\u6ce8\u653f\u7b56\u8f6c\u5411\u66f4\u201c\u9e70\u6d3e\u201d\uff08hawkish\uff0c\u6307\u66f4\u503e\u5411\u5347\u606f\u6216\u4fdd\u6301\u9ad8\u5229\u7387\u4ee5\u6291\u5236\u901a\u80c0\uff09\u7684\u4e00\u65b9\u3002\n\n\u80a1\u5e02\u6ce2\u52a8\u7387\u53ef\u80fd\u88ab\u4f4e\u4f30\u3002VIX\u6307\u6570\uff08\u8861\u91cf\u6807\u666e500\u672a\u6765\u6ce2\u52a8\u9884\u671f\u7684\u201c\u6050\u614c\u6307\u6570\u201d\uff09\u76ee\u524d\u572814\u9644\u8fd1\u504f\u4f4e\uff0c\u663e\u793a\u5e02\u573a\u60c5\u7eea\u8f83\u653e\u677e\u3002\u4f46\u5728\u7f8e\u8054\u50a8\u4e0b\u4e00\u6b65\u4ecd\u4e0d\u660e\u6717\u7684\u60c5\u51b5\u4e0b\uff0c\u8fd9\u6837\u7684\u6c34\u5e73\u53ef\u80fd\u8fc7\u4e8e\u4e50\u89c2\u3002\u53ef\u8003\u8651\u4e70\u5165\u4e2d\u671fVIX\u770b\u6da8\u671f\u6743\uff08call options\uff0c\u4ef7\u683c\u4e0a\u6da8\u65f6\u83b7\u5229\uff09\uff0c\u6216\u5728\u6807\u666e500\u7b49\u4e3b\u8981\u6307\u6570\u4e0a\u4e70\u5165\u4fdd\u62a4\u6027\u770b\u8dcc\u671f\u6743\uff08protective put options\uff0c\u7528\u6765\u5bf9\u51b2\u4e0b\u8dcc\u98ce\u9669\uff09\u3002\n\n<h3>\u677f\u5757\u914d\u7f6e\u4e0e\u76f8\u5bf9\u4ef7\u503c\u4ea4\u6613<\/h3>\n\u8fd9\u79cd\u73af\u5883\u4e5f\u9002\u5408\u505a\u677f\u5757\u914d\u5bf9\u4ea4\u6613\uff08pair trades\uff0c\u540c\u65f6\u505a\u591a\u4e00\u4e2a\u8d44\u4ea7\u3001\u505a\u7a7a\u53e6\u4e00\u4e2a\u8d44\u4ea7\uff0c\u4ee5\u964d\u4f4e\u6574\u4f53\u5e02\u573a\u65b9\u5411\u98ce\u9669\uff09\u3002\u4f8b\u5982\u4e70\u5165\u91d1\u878d\u7c7bETF\u7684\u770b\u6da8\u671f\u6743\uff1a\u82e5\u7f8e\u8054\u50a8\u6682\u505c\u884c\u52a8\u3001\u6536\u76ca\u7387\u66f2\u7ebf\uff08yield curve\uff0c\u4e0d\u540c\u671f\u9650\u5229\u7387\u7684\u5173\u7cfb\u66f2\u7ebf\uff09\u8d8b\u4e8e\u7a33\u5b9a\u6216\u53d8\u9661\uff08\u957f\u671f\u5229\u7387\u76f8\u5bf9\u4e0a\u5347\uff09\uff0c\u91d1\u878d\u677f\u5757\u901a\u5e38\u53d7\u76ca\u3002\u540c\u65f6\uff0c\u53ef\u4e70\u5165\u5bf9\u5229\u7387\u66f4\u654f\u611f\u677f\u5757\uff08rate-sensitive sectors\uff0c\u5982\u516c\u7528\u4e8b\u4e1a\uff09\u7684\u770b\u8dcc\u671f\u6743\uff1b\u5982\u679c\u8fdb\u4e00\u6b65\u964d\u606f\u7684\u53ef\u80fd\u6027\u964d\u4f4e\uff0c\u8fd9\u4e9b\u677f\u5757\u53ef\u80fd\u76f8\u5bf9\u8d70\u5f31\u3002\n<p>\n\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>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>ADP\u56db\u5468\u5747\u503c\u56de\u5347\u81f31\u4e07\uff0c\u6697\u793a\u5c31\u4e1a\u97e7\u6027\u3002\u901a\u80c02.8%\u3001NFP\u5f3a\u52b2\u4ee4Fed\u964d\u606f\u9884\u671f\u6216\u53cd\u8f6c\uff1b\u7559\u610f\u5229\u7387\u4e0eVIX\u9519\u4ef7\uff0c\u671f\u6743\u5bf9\u51b2\u4e0e\u677f\u5757\u914d\u5bf9\u6355\u6349\u673a\u4f1a\u3002<\/p>\n","protected":false},"author":103,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33],"tags":[],"class_list":["post-32065","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/cn\/wp-json\/wp\/v2\/posts\/32065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/cn\/wp-json\/wp\/v2\/users\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/cn\/wp-json\/wp\/v2\/comments?post=32065"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/cn\/wp-json\/wp\/v2\/posts\/32065\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/cn\/wp-json\/wp\/v2\/media?parent=32065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/cn\/wp-json\/wp\/v2\/categories?post=32065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/cn\/wp-json\/wp\/v2\/tags?post=32065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}