{"id":47146,"date":"2026-05-18T19:51:31","date_gmt":"2026-05-18T19:51:31","guid":{"rendered":"https:\/\/www.vtmarkets.com\/cn\/uncategorized\/%e5%9c%a8%e4%bc%8a%e6%9c%97%e5%a4%96%e4%ba%a4%e5%b8%8c%e6%9c%9b%e6%94%af%e6%92%91%e4%b8%8b%e9%93%b6%e4%bb%b7%e4%bc%81%e7%a8%b3%ef%bc%8c%e6%94%b6%e7%9b%8a%e7%8e%87%e9%99%90%e5%88%b6%e6%b6%a8%e5%b9%85\/"},"modified":"2026-05-18T19:51:31","modified_gmt":"2026-05-18T19:51:31","slug":"%e5%9c%a8%e4%bc%8a%e6%9c%97%e5%a4%96%e4%ba%a4%e5%b8%8c%e6%9c%9b%e6%94%af%e6%92%91%e4%b8%8b%e9%93%b6%e4%bb%b7%e4%bc%81%e7%a8%b3%ef%bc%8c%e6%94%b6%e7%9b%8a%e7%8e%87%e9%99%90%e5%88%b6%e6%b6%a8%e5%b9%85","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/cn\/live-updates\/%e5%9c%a8%e4%bc%8a%e6%9c%97%e5%a4%96%e4%ba%a4%e5%b8%8c%e6%9c%9b%e6%94%af%e6%92%91%e4%b8%8b%e9%93%b6%e4%bb%b7%e4%bc%81%e7%a8%b3%ef%bc%8c%e6%94%b6%e7%9b%8a%e7%8e%87%e9%99%90%e5%88%b6%e6%b6%a8%e5%b9%85\/","title":{"rendered":"\u5728\u4f0a\u6717\u5916\u4ea4\u5e0c\u671b\u652f\u6491\u4e0b\u94f6\u4ef7\u4f01\u7a33\uff0c\u6536\u76ca\u7387\u9650\u5236\u6da8\u5e45\uff1b\u5c3d\u7ba1\u9700\u6c42\u56de\u5347\uff0c\u540e\u5e02\u4ecd\u8d70\u8dcc"},"content":{"rendered":"

\u767d\u94f6\uff08XAG\/USD\uff09\u5468\u4e00\u572876.55\u7f8e\u5143\u9644\u8fd1\u4ea4\u6613\uff0c\u5f53\u65e5\u4e0a\u6da80.80%\u3002\u5728\u4e0a\u5468\u629b\u552e\uff08\u96c6\u4e2d\u5356\u51fa\u5bfc\u81f4\u4ef7\u683c\u5feb\u901f\u4e0b\u8dcc\uff09\u540e\uff0c\u4ef7\u683c\u8d8b\u7a33\u3002\u7531\u4e8e\u5e02\u573a\u518d\u6b21\u671f\u5f85\u7f8e\u56fd\u4e0e\u4f0a\u6717\u5916\u4ea4\uff08\u56fd\u5bb6\u4e4b\u95f4\u8c08\u5224\uff09\u53d6\u5f97\u8fdb\u5c55\uff0c\u7f8e\u5143\u8d70\u5f31\uff0c\u5e26\u52a8\u767d\u94f6\u56de\u5347\u3002<\/p>\n

\u4f0a\u6717\u5916\u4ea4\u90e8\u8868\u793a\uff0c\u4e0e\u534e\u76db\u987f\u7684\u8c08\u5224\u4ecd\u5728\u8fdb\u884c\u4e2d\u3002\u5b98\u5458\u79f0\u53cc\u65b9\u6b63\u5728\u5ba1\u89c6\u4e00\u4efd\u6700\u65b0\u7684\u548c\u5e73\u63d0\u6848\uff0c\u540c\u65f6\u4f0a\u6717\u4e0e\u963f\u66fc\u6b63\u8fdb\u884c\u6280\u672f\u5c42\u9762\u4f1a\u8c08\uff0c\u8ba8\u8bba\u6062\u590d\u970d\u5c14\u6728\u5179\u6d77\u5ce1\u7684\u5b89\u5168\u901a\u884c\uff08\u786e\u4fdd\u6cb9\u8f6e\u7b49\u8239\u53ea\u5b89\u5168\u901a\u8fc7\u7684\u822a\u8fd0\u5b89\u6392\uff09\u3002<\/p>\n

\u7f8e\u5143\u8d70\u5f31\u652f\u6491\u767d\u94f6<\/h3>\n

\u4e2d\u4e1c\u7d27\u5f20\u5c40\u52bf\u7f13\u548c\uff0c\u964d\u4f4e\u4e86\u5e02\u573a\u5bf9\u907f\u9669\u7f8e\u5143\uff08\u8d44\u91d1\u5728\u4e0d\u786e\u5b9a\u65f6\u6d41\u5411\u7684\u201c\u76f8\u5bf9\u5b89\u5168\u201d\u8d44\u4ea7\uff09\u7684\u9700\u6c42\u3002\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\u4ece\u76d8\u4e2d\u9ad8\u4f4d\u56de\u843d\u81f399.10\u9644\u8fd1\uff0c\u4e3a\u767d\u94f6\u63d0\u4f9b\u4e00\u5b9a\u652f\u6491\u3002<\/p>\n

\u4e0d\u8fc7\uff0c\u767d\u94f6\u53cd\u5f39\u4ecd\u53d7\u9ad8\u503a\u5238\u6536\u76ca\u7387\uff08\u503a\u5238\u5229\u606f\u56de\u62a5\u7387\uff09\u4e0e\u80fd\u6e90\u4ef7\u683c\u5e26\u6765\u7684\u901a\u80c0\uff08\u7269\u4ef7\u6301\u7eed\u4e0a\u6da8\uff09\u62c5\u5fe7\u538b\u5236\u3002\u7f8e\u56fd10\u5e74\u671f\u56fd\u503a\u6536\u76ca\u7387\u7ef4\u6301\u57284.6%\u9644\u8fd1\uff0c\u63a5\u8fd1\u4e00\u5e74\u9ad8\u4f4d\uff0c\u5e02\u573a\u91cd\u65b0\u8bc4\u4f30\u7f8e\u8054\u50a8\u653f\u7b56\u3002<\/p>\n

\u539f\u6cb9\u8fd1\u671f\u4e0a\u6da8\u52a0\u6df1\u4e86\u901a\u80c0\u53ef\u80fd\u7ef4\u6301\u5728\u9ad8\u4f4d\u7684\u62c5\u5fe7\uff0c\u9650\u5236\u5e02\u573a\u5bf9\u7f8e\u8054\u50a8\u5feb\u901f\u964d\u606f\u7684\u9884\u671f\u3002CME FedWatch\u6570\u636e\u663e\u793a\uff0c\u4ea4\u6613\u5458\u8d8a\u6765\u8d8a\u591a\u5730\u628a\u201c\u504f\u7d27\u7684\u653f\u7b56\u201d\uff08\u5229\u7387\u7ef4\u6301\u8f83\u9ad8\u3001\u91d1\u878d\u6761\u4ef6\u8f83\u7d27\uff09\u53ef\u80fd\u5ef6\u7eed\u5230\u4eca\u5e74\u7684\u60c5\u5f62\u7eb3\u5165\u5b9a\u4ef7\u3002<\/p>\n

\u767d\u94f6\u4e5f\u9762\u4e34\u4f9b\u9700\u538b\u529b\u3002\u5370\u5ea6\u7740\u624b\u9650\u5236\u76f8\u5f53\u6bd4\u4f8b\u7684\u767d\u94f6\u8fdb\u53e3\uff1b\u745e\u94f6\uff08UBS\uff09\u5219\u56e0\u5de5\u4e1a\u9700\u6c42\u8d70\u5f31\u4e0e\u77ff\u5c71\u4f9b\u5e94\u589e\u52a0\uff0c\u4e0b\u8c03\u5168\u7403\u767d\u94f6\u6295\u8d44\u9700\u6c42\u9884\u6d4b\u3002<\/p>\n

\u5e02\u573a\u73af\u5883\u4e0e2025\u5e74\u4e0d\u540c<\/h3>\n

\u56de\u770b2025\u5e74\u672b\u7684\u77ed\u6682\u53cd\u5f39\uff0c\u5f53\u65f6\u7684\u4e50\u89c2\u660e\u663e\u8fc7\u5934\uff0c\u5b8f\u89c2\u538b\u529b\uff08\u5229\u7387\u3001\u901a\u80c0\u3001\u7ecf\u6d4e\u589e\u957f\u7b49\u5927\u73af\u5883\u56e0\u7d20\uff09\u6700\u7ec8\u5360\u4e0a\u98ce\u3002\u767d\u94f6\u5728\u77ed\u671f\u7f8e\u4f0a\u5916\u4ea4\u5e0c\u671b\u63a8\u52a8\u4e0b\u51b2\u523076.55\u7f8e\u5143\uff0c\u4f46\u968f\u540e\u56de\u843d\uff0c\u76ee\u524d\u7ea6\u572841.20\u7f8e\u5143\u9644\u8fd1\u3002\u5bf9\u884d\u751f\u54c1\u4ea4\u6613\u8005\uff08\u4ea4\u6613\u671f\u6743\u3001\u671f\u8d27\u7b49\u5408\u7ea6\u800c\u975e\u73b0\u8d27\u7684\u4eba\uff09\u800c\u8a00\uff0c\u8fd9\u63d0\u9192\u5e02\u573a\uff1a\u8ffd\u9010\u5730\u7f18\u653f\u6cbb\u6d88\u606f\uff08\u56fd\u9645\u51b2\u7a81\u4e0e\u5916\u4ea4\u4e8b\u4ef6\uff09\u53ef\u80fd\u5ffd\u7565\u4e86\u5229\u7387\u7b49\u66f4\u5173\u952e\u7684\u57fa\u672c\u56e0\u7d20\u3002<\/p>\n

\u7f8e\u5143\u5f53\u65f6\u4e00\u5ea6\u8d70\u8f6f\u81f399.10\u6c34\u5e73\uff0c\u5982\u4eca\u5374\u6210\u4e3a\u4e3b\u8981\u963b\u529b\uff0c\u7f8e\u5143\u6307\u6570\u76ee\u524d\u5f3a\u5728105.50\u3002\u867d\u713610\u5e74\u671f\u7f8e\u503a\u6536\u76ca\u7387\u4ece\u9ad8\u4f4d\u56de\u843d\u81f34.45%\uff0c\u4f46\u4ecd\u5904\u9ad8\u4f4d\uff0c\u9650\u5236\u65e0\u5229\u606f\u6536\u76ca\u7684\u767d\u94f6\u5927\u5e45\u53cd\u5f39\uff08\u767d\u94f6\u4e0d\u6d3e\u606f\u3001\u4e0d\u50cf\u503a\u5238\u6709\u56fa\u5b9a\u5229\u606f\uff09\u3002\u5728\u8fd9\u79cd\u73af\u5883\u4e0b\uff0c\u53ef\u8003\u8651\u4e70\u5165\u865a\u503c\u770b\u8dcc\u671f\u6743\uff08out-of-the-money put\uff0c\u884c\u6743\u4ef7\u4f4e\u4e8e\u73b0\u4ef7\u3001\u4e3b\u8981\u7528\u4e8e\u4e0b\u8dcc\u4fdd\u62a4\u7684\u671f\u6743\uff09\u4e3a\u591a\u5934\u6301\u4ed3\u5bf9\u51b2\uff0c\u6216\u4f7f\u7528\u718a\u5e02\u770b\u6da8\u4ef7\u5dee\uff08bear call spread\uff1a\u5356\u51fa\u8f83\u4f4e\u884c\u6743\u4ef7\u770b\u6da8\u671f\u6743\u3001\u4e70\u5165\u8f83\u9ad8\u884c\u6743\u4ef7\u770b\u6da8\u671f\u6743\uff0c\u4ee5\u8d5a\u53d6\u6743\u5229\u91d1\u5e76\u9650\u5236\u98ce\u9669\uff09\uff0c\u5728\u533a\u95f4\u9707\u8361\u6216\u7f13\u6162\u4e0b\u884c\u4e2d\u4e89\u53d6\u6536\u76ca\u3002<\/p>\n

\u7f8e\u8054\u50a8\u653f\u7b56\u4ecd\u662f\u4e3b\u5bfc\u56e0\u7d20\u30022025\u5e74\u5e02\u573a\u62c5\u5fc3\u7f3a\u4e4f\u5927\u5e45\u964d\u606f\uff0c\u5982\u4eca\u9884\u671f\u8f6c\u4e3a\u7f13\u6162\u63a8\u8fdb\uff1bCME FedWatch\u5de5\u5177\u663e\u793a\uff0c9\u6708\u4ec5\u964d\u606f25\u4e2a\u57fa\u70b9\uff080.25\u4e2a\u767e\u5206\u70b9\uff09\u7684\u6982\u7387\u4e3a65%\u3002\u8fd9\u538b\u4f4e\u4e86\u9690\u542b\u6ce2\u52a8\u7387\uff08\u671f\u6743\u4ef7\u683c\u53cd\u6620\u7684\u201c\u672a\u6765\u6ce2\u52a8\u9884\u671f\u201d\uff09\uff0c\u4f7f\u671f\u6743\u66f4\u4fbf\u5b9c\uff0c\u53ef\u80fd\u66f4\u6709\u5229\u4e8e\u62bc\u6ce8\u201c\u7f13\u6162\u8d70\u52bf\u201d\u7684\u7b56\u7565\uff0c\u800c\u975e\u62bc\u6ce8\u66b4\u8dcc\u3002<\/p>\n

\u4e0e2025\u5e74\u672b\u4e0d\u540c\u7684\u662f\uff0c\u5de5\u4e1a\u9700\u6c42\u524d\u666f\u6539\u5584\uff0c\u62b5\u6d88\u90e8\u5206\u5b8f\u89c2\u62d6\u7d2f\u3002\u56fd\u9645\u80fd\u6e90\u7f72\u6700\u65b0\u62a5\u544a\u9884\u8ba1\uff0c\u52302027\u5e74\u7528\u4e8e\u5149\u4f0f\u7535\u6c60\uff08\u592a\u9633\u80fd\u7535\u6c60\u677f\u4e2d\u7684\u53d1\u7535\u5355\u5143\uff09\u7684\u767d\u94f6\u9700\u6c42\u5c06\u540c\u6bd4\u589e\u957f15%\uff0c\u4e0e\u5f53\u65f6\u8f83\u4fdd\u5b88\u7684\u9884\u6d4b\u5f62\u6210\u5bf9\u6bd4\u3002\u8fd9\u79cd\u57fa\u672c\u9762\u652f\u6491\u610f\u5473\u7740\uff0c\u5356\u51fa\u88f8\u770b\u6da8\u671f\u6743\uff08naked call\uff1a\u53ea\u5356\u51fa\u770b\u6da8\u671f\u6743\u3001\u6ca1\u6709\u6301\u6709\u5bf9\u5e94\u6807\u7684\u6216\u5bf9\u51b2\uff0c\u98ce\u9669\u8f83\u5927\uff09\u53ef\u80fd\u66f4\u5371\u9669\uff0c\u56e0\u4e3a\u4efb\u4f55\u5229\u597d\u7ecf\u6d4e\u6570\u636e\u90fd\u53ef\u80fd\u89e6\u53d1\u7531\u884c\u4e1a\u9700\u6c42\u5e26\u52a8\u7684\u5feb\u901f\u4e0a\u6da8\u3002<\/p>\n

\u53e6\u5916\uff0c\u5370\u5ea6\u53bb\u5e74\u7684\u8fdb\u53e3\u9650\u5236\u5df2\u90e8\u5206\u653e\u677e\u3002\u5370\u5ea6\u5546\u52a1\u90e82026\u5e744\u6708\u6570\u636e\u663e\u793a\uff0c\u767d\u94f6\u8fdb\u53e3\u8f83\u4e0a\u4e00\u5b63\u5ea6\u53cd\u5f3920%\uff0c\u51cf\u5c11\u4e86\u4e00\u4e2a\u4e3b\u8981\u4e0b\u884c\u98ce\u9669\u6765\u6e90\u3002\u8fd9\u610f\u5473\u7740\u5b8f\u89c2\u73af\u5883\u867d\u7136\u4ecd\u504f\u5411\u8c28\u614e\u6216\u504f\u7a7a\uff0c\u4f46\u5b9e\u7269\u9700\u6c42\uff08\u771f\u5b9e\u4e70\u8d27\u3001\u7528\u4e8e\u6d88\u8d39\u6216\u751f\u4ea7\u7684\u9700\u6c42\uff09\u6b63\u5728\u91cd\u65b0\u5efa\u7acb\u5e95\u90e8\u3002<\/p>\n

\u521b\u5efa\u60a8\u7684VT Markets\u771f\u5b9e\u8d26\u6237<\/a>\u00a0\u5e76\u00a0\u7acb\u5373\u5f00\u59cb\u4ea4\u6613<\/a>\u3002 <\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

\u7f8e\u4f0a\u5916\u4ea4\u964d\u6e29\u4ee4\u7f8e\u5143\u56de\u843d\uff0c\u767d\u94f6\u8dcc\u540e\u7a33\u4e8e76.55\u9644\u8fd1\u53cd\u5f390.8%\u3002\u4f46\u7f8e\u503a\u6536\u76ca\u7387\u9ad8\u4f01\u3001\u901a\u80c0\u4e0e\u4f9b\u9700\u538b\u529b\u4ecd\u538b\u5236\uff0c\u671f\u6743\u5bf9\u51b2\u6216\u6210\u9a6c\u80a1\u6c11\u5173\u6ce8\u7126\u70b9\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-47146","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\/47146","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=47146"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/cn\/wp-json\/wp\/v2\/posts\/47146\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/cn\/wp-json\/wp\/v2\/media?parent=47146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/cn\/wp-json\/wp\/v2\/categories?post=47146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/cn\/wp-json\/wp\/v2\/tags?post=47146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}