{"id":37235,"date":"2026-03-17T12:50:25","date_gmt":"2026-03-17T12:50:25","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/37235\/"},"modified":"2026-03-17T12:50:25","modified_gmt":"2026-03-17T12:50:25","slug":"%e3%82%a4%e3%83%b3%e3%83%95%e3%83%ac%e3%81%a8%e6%88%90%e9%95%b7%e9%88%8d%e5%8c%96%e3%81%ab%e3%82%82%e3%81%8b%e3%81%8b%e3%82%8f%e3%82%89%e3%81%9a%e3%80%81%e3%83%a9%e3%83%9c%e3%83%90%e3%83%b3%e3%82%af","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/37235\/","title":{"rendered":"\u30a4\u30f3\u30d5\u30ec\u3068\u6210\u9577\u920d\u5316\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u30e9\u30dc\u30d0\u30f3\u30af\u306e\u30b7\u30e5\u30ef\u30eb\u30c4\u6c0f\u3068\u30ed\u30fc\u30ec\u30f3\u30b9\u6c0f\u306f\u30ab\u30ca\u30c0\u4e2d\u9280\u304c\u653f\u7b56\u91d1\u52292.25\uff05\u3092\u636e\u3048\u7f6e\u304f\u3068\u4e88\u60f3\u3057\u3066\u3044\u307e\u3057\u305f\u3002"},"content":{"rendered":"Rabobank\u306f\u3001\u30ab\u30ca\u30c0\u9280\u884c\u304c3\u670818\u65e5\u306e\u4f1a\u5408\u3067\u7fcc\u65e5\u7269\u91d1\u5229\u30922.25%\u306b\u636e\u3048\u7f6e\u304d\u3001\u5e74\u672b\u307e\u3067\u5909\u66f4\u3057\u306a\u3044\u3068\u4e88\u60f3\u3057\u3066\u3044\u307e\u3057\u305f\u3002Bloomberg\u304c\u8abf\u67fb\u3057\u305f\u30a2\u30ca\u30ea\u30b9\u30c8\u306f\u5168\u54e1\u4e00\u81f4\u3067\u636e\u3048\u7f6e\u304d\u3092\u4e88\u60f3\u3057\u3066\u3044\u308b\u3068\u3055\u308c\u3001\u5e02\u5834\u30823\u6708\u306e\u5909\u66f4\u306a\u3057\u3092\u5b8c\u5168\u306b\u7e54\u308a\u8fbc\u3093\u3067\u3044\u308b\u3068\u8aac\u660e\u3055\u308c\u3066\u3044\u307e\u3057\u305f\u3002\n\n\u80cc\u666f\u306b\u306f\u3001\u30ab\u30ca\u30c0\u3067\u30a4\u30f3\u30d5\u30ec\u304c\u9ad8\u6b62\u307e\u308a\u3059\u308b\u4e00\u65b9\u3067\u3001\u7d4c\u6e08\u6d3b\u52d5\u304c\u5f31\u542b\u3093\u3067\u3044\u308b\u72b6\u6cc1\u304c\u3042\u308a\u307e\u3057\u305f\u3002\u30a4\u30e9\u30f3\u3067\u306e\u6226\u4e89\u3068\u539f\u6cb9\u30fb\u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u306e\u4e0a\u6607\u304c\u3001\u3055\u3089\u306a\u308b\u30a4\u30f3\u30d5\u30ec\u5727\u529b\u3092\u52a0\u3048\u308b\u8981\u56e0\u3068\u3057\u3066\u793a\u3055\u308c\u3066\u3044\u307e\u3057\u305f\u3002\n\n

Market Pricing And Policy Expectations<\/h3>\n\u5e02\u5834\u306fOIS\u30ab\u30fc\u30d6\u306b\u304a\u3044\u3066\u5229\u4e0a\u3052\u306e\u53ef\u80fd\u6027\u3092\u7e54\u308a\u8fbc\u307f\u59cb\u3081\u3066\u3044\u308b\u3068\u8aac\u660e\u3055\u308c\u3066\u3044\u307e\u3057\u305f\u3002\u305f\u3068\u3048\u653f\u7b56\u624b\u6bb5\u306e\u9078\u629e\u80a2\u304c\u9650\u3089\u308c\u3066\u3044\u308b\u3068\u3055\u308c\u3066\u3044\u3066\u3082\u3001\u653f\u7b56\u30b9\u30bf\u30f3\u30b9\u306f1\u670828\u65e5\u306e\u5224\u65ad\u304b\u3089\u5909\u5316\u3057\u3066\u3044\u304f\u3068\u898b\u8fbc\u307e\u308c\u3066\u3044\u307e\u3057\u305f\u3002\n\n\u30a4\u30f3\u30d5\u30ec\u5727\u529b\u306f\u3001\u56fd\u5185\u306e\u904e\u71b1\u3068\u3044\u3046\u3088\u308a\u3082\u5730\u653f\u5b66\u3084\u4f9b\u7d66\u8981\u56e0\u306b\u3088\u3063\u3066\u751f\u3058\u3066\u3044\u308b\u3068\u4f4d\u7f6e\u3065\u3051\u3089\u308c\u3066\u3044\u307e\u3057\u305f\u3002\u5229\u4e0a\u3052\u306f\u30a8\u30cd\u30eb\u30ae\u30fc\u4e3b\u5c0e\u306e\u30a4\u30f3\u30d5\u30ec\u3092\u6291\u3048\u308b\u53ef\u80fd\u6027\u304c\u4f4e\u3044\u4e00\u65b9\u3067\u3001\u95a2\u7a0e\u306e\u5f71\u97ff\u3092\u53d7\u3051\u3066\u3044\u308b\u7d4c\u6e08\u306b\u3055\u3089\u306a\u308b\u8ca0\u62c5\u3092\u4e0e\u3048\u308b\u3068\u8aac\u660e\u3055\u308c\u3066\u3044\u307e\u3057\u305f\u3002\n\n2025\u5e74\u306e\u3053\u306e\u6642\u70b9\u3092\u632f\u308a\u8fd4\u308b\u3068\u3001\u79c1\u305f\u3061\u306f\u30a4\u30f3\u30d5\u30ec\u5727\u529b\u304c\u3042\u308b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u30ab\u30ca\u30c0\u9280\u884c\u304c\u901a\u5e74\u3067\u653f\u7b56\u91d1\u5229\u30922.25%\u306b\u636e\u3048\u7f6e\u304f\u3068\u4e88\u60f3\u3057\u3066\u3044\u307e\u3057\u305f\u3002\u30a4\u30e9\u30f3\u3067\u306e\u6226\u4e89\u306b\u3088\u308b\u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u4e0a\u6607\u306f\u4f9b\u7d66\u5074\u306e\u554f\u984c\u3067\u3042\u308a\u3001\u91d1\u878d\u653f\u7b56\u3067\u306f\u89e3\u6c7a\u3067\u304d\u306a\u3044\u3068\u3044\u3046\u898b\u65b9\u3067\u3057\u305f\u3002\u3053\u306e\u898b\u65b9\u306f\u3001\u5229\u4e0a\u3052\u306e\u53ef\u80fd\u6027\u3092\u7e54\u308a\u8fbc\u307f\u59cb\u3081\u3066\u3044\u305f\u5e02\u5834\u3068\u306e\u9593\u306b\u7dca\u5f35\u95a2\u4fc2\u3092\u751f\u3093\u3067\u3044\u307e\u3057\u305f\u3002\n\n2025\u5e74\u304c\u9032\u3080\u306b\u3064\u308c\u3066\u3001\u30ab\u30ca\u30c0\u9280\u884c\u306f\u590f\u306e\u9593\u306f\u91d1\u5229\u3092\u636e\u3048\u7f6e\u304d\u307e\u3057\u305f\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u306e\u7c98\u7740\u6027\u306f\u30a8\u30cd\u30eb\u30ae\u30fc\u8981\u56e0\u3060\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3067\u3057\u305f\u3002\u5909\u52d5\u306e\u5927\u304d\u3044\u9805\u76ee\u3092\u9664\u3044\u305f\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u76f4\u8fd1\u30672026\u5e742\u6708\u306b3.1%\u3068\u306a\u308a\u3001\u9280\u884c\u306e\u76ee\u6a19\u3092\u5927\u304d\u304f\u4e0a\u56de\u3063\u3066\u3044\u307e\u3057\u305f\u3002\u3053\u308c\u306f\u56fd\u5185\u306e\u7269\u4fa1\u5727\u529b\u304c\u5b9a\u7740\u3057\u3064\u3064\u3042\u308b\u3053\u3068\u3092\u793a\u3057\u3001\u30ab\u30ca\u30c0\u9280\u884c\u306f\u9577\u671f\u306e\u636e\u3048\u7f6e\u304d\u3092\u65ad\u5ff5\u305b\u3056\u308b\u3092\u5f97\u306a\u304f\u306a\u3063\u3066\u3044\u307e\u3057\u305f\u3002\n\n

Trading And Hedging Implications<\/h3>\n\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u5e02\u5834\u306f\u3001\u524d\u5e74\u306b\u5229\u4e0a\u3052\u3092\u8a66\u9a13\u7684\u306b\u7e54\u308a\u8fbc\u3093\u3067\u3044\u307e\u3057\u305f\u304c\u3001\u7d50\u679c\u7684\u306b\u306f\u6b63\u3057\u3044\u65b9\u5411\u3092\u793a\u3057\u3066\u3044\u307e\u3057\u305f\u3002\u30ab\u30ca\u30c0\u9280\u884c\u306f\u305d\u306e\u5f8c\u3001\u7fcc\u65e5\u7269\u91d1\u5229\u30922\u56de\u5f15\u304d\u4e0a\u3052\u3001\u4fe1\u8a8d\u56de\u5fa9\u306e\u305f\u3081\u306b\u73fe\u884c\u306e2.75%\u307e\u3067\u5f15\u304d\u4e0a\u3052\u3066\u3044\u307e\u3057\u305f\u3002\u3053\u308c\u306f\u3001OIS\u30ab\u30fc\u30d6\u306e\u30b7\u30b0\u30ca\u30eb\u3092\u7121\u8996\u3057\u305f\u3053\u3068\u304c\u6a5f\u4f1a\u640d\u5931\u3060\u3063\u305f\u3053\u3068\u3092\u793a\u3057\u3066\u3044\u307e\u3057\u305f\u3002\n\n\u73fe\u5728\u3001\u30c8\u30ec\u30fc\u30c0\u30fc\u306f\u636e\u3048\u7f6e\u304d\u3067\u306f\u306a\u304f\u3001\u3055\u3089\u306a\u308b\u5f15\u304d\u7de0\u3081\u306e\u53ef\u80fd\u6027\u306b\u5099\u3048\u305f\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u53d6\u308b\u3079\u304d\u3067\u3057\u305f\u3002\u539f\u6cb9\u4fa1\u683c\u306f\u5b89\u5b9a\u3057\u3001WTI\u539f\u6cb9\u306f1\u30d0\u30ec\u30eb\u5f53\u305f\u308a\u7d0481\u30c9\u30eb\u4ed8\u8fd1\u3067\u63a8\u79fb\u3057\u3066\u3044\u307e\u3057\u305f\u304c\u3001\u7126\u70b9\u306f\u529b\u5f37\u3044\u8cc3\u91d1\u4e0a\u6607\u3068\u5e95\u5805\u3044\u500b\u4eba\u6d88\u8cbb\u3078\u3068\u79fb\u3063\u3066\u3044\u307e\u3057\u305f\u3002\u3053\u308c\u3089\u306e\u56fd\u5185\u8981\u56e0\u3053\u305d\u304c\u3001\u30ab\u30ca\u30c0\u9280\u884c\u304c\u653f\u7b56\u624b\u6bb5\u3067\u72d9\u3046\u5bfe\u8c61\u3067\u3057\u305f\u3002\n\n\u4eca\u5f8c\u6570\u9031\u9593\u3067\u306f\u3001\u7b2c2\u56db\u534a\u671f\u306b\u3082\u3046\u4e00\u6bb5\u306e\u5229\u4e0a\u3052\u304c\u8d77\u3053\u308a\u5f97\u308b\u3053\u3068\u306b\u5099\u3048\u308b\u3001\u307e\u305f\u306f\u305d\u3053\u304b\u3089\u5229\u76ca\u3092\u5f97\u308b\u305f\u3081\u306b\u3001CORRA\u5148\u7269\u306e\u30aa\u30d7\u30b7\u30e7\u30f3\u3092\u7528\u3044\u308b\u3053\u3068\u304c\u91cd\u8981\u306a\u6226\u7565\u306b\u306a\u308b\u306f\u305a\u3067\u3057\u305f\u3002\u7279\u306b\u3001\u524d\u56db\u534a\u671f\u306e\u30ab\u30ca\u30c0GDP\u6210\u9577\u7387\u304c\u5e74\u7387\u63db\u7b97\u3067\u4e88\u60f3\u5916\u306b1.2%\u3078\u52a0\u901f\u3057\u3066\u3044\u305f\u3053\u3068\u3092\u8e0f\u307e\u3048\u308b\u3068\u3001\u5e02\u5834\u306f\u30ab\u30ca\u30c0\u9280\u884c\u304c\u518d\u3073\u884c\u52d5\u3059\u308b\u610f\u601d\u3092\u904e\u5c0f\u8a55\u4fa1\u3057\u3066\u3044\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3057\u305f\u3002\u3053\u306e\u30c7\u30fc\u30bf\u306f\u3001\u7d4c\u6e08\u304c\u3088\u308a\u9ad8\u3044\u501f\u5165\u30b3\u30b9\u30c8\u306b\u8010\u3048\u3089\u308c\u308b\u3053\u3068\u3092\u793a\u5506\u3057\u3066\u3044\u307e\u3057\u305f\u3002\n\n\n

\u30c8\u30ec\u30fc\u30c7\u30a3\u30f3\u30b0\u3092\u59cb\u3081\u307e\u3057\u3087\u3046 – \u3053\u3053\u3092\u30af\u30ea\u30c3\u30af<\/a>\u3057\u3066VT Markets\u53e3\u5ea7\u3092\u958b\u8a2d<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

\u300c\u636e\u3048\u7f6e\u304d\u300d\u306e\u306f\u305a\u304c\u4e00\u8ee2\u3001\u30ab\u30ca\u30c0\u4e2d\u9280\u306f\u30a4\u30f3\u30d5\u30ec\u5b9a\u7740\u30672.75%\u3078\u5229\u4e0a\u3052\u3067\u3057\u305f\u3002OIS\u306f\u5148\u8aad\u307f\u3002\u6b21\u306f\u8ffd\u52a0\u5f15\u304d\u7de0\u3081\u89b3\u6e2c\u3001CORRA\u5148\u7269\u30aa\u30d7\u30b7\u30e7\u30f3\u304c\u9375\u3067\u3057\u305f\u3002 – vtmarketsjp.com<\/p>\n","protected":false},"author":116,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[40],"tags":[],"class_list":["post-37235","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\/jp-asia\/wp-json\/wp\/v2\/posts\/37235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/users\/116"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/comments?post=37235"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts\/37235\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/media?parent=37235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/categories?post=37235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/tags?post=37235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}