{"id":46779,"date":"2026-05-12T12:41:29","date_gmt":"2026-05-12T12:41:29","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/46779\/"},"modified":"2026-05-12T12:41:29","modified_gmt":"2026-05-12T12:41:29","slug":"%e3%82%b9%e3%83%9a%e3%82%a4%e3%83%b39%e3%82%ab%e6%9c%88%e7%89%a9%e3%83%ac%e3%83%88%e3%83%a9%e3%82%b9%e5%88%a9%e5%9b%9e%e3%82%8a%e3%80%81%e3%82%a4%e3%83%b3%e3%83%95%e3%83%ac%e5%86%8d%e7%87%83%e3%81%a7e","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/46779\/","title":{"rendered":"\u30b9\u30da\u30a4\u30f39\u30ab\u6708\u7269\u30ec\u30c8\u30e9\u30b9\u5229\u56de\u308a\u3001\u30a4\u30f3\u30d5\u30ec\u518d\u71c3\u3067ECB\u5f15\u304d\u7de0\u3081\u89b3\u6e2c\u5f37\u307e\u308a2.514\uff05\u306b\u4e0a\u6607"},"content":{"rendered":"

\u30b9\u30da\u30a4\u30f3\u306e\u6700\u65b0\u306e9\u30ab\u6708\u7269\u30ec\u30c8\u30e9\u30b9\uff08\u30b9\u30da\u30a4\u30f3\u56fd\u5eab\u77ed\u671f\u8a3c\u5238\uff09\u306e\u5165\u672d\u3067\u306f\u3001\u5e73\u5747\u5229\u56de\u308a\u304c2.514%\u3068\u306a\u3063\u305f\u3002\u524d\u56de\u5165\u672d\u306e2.461%\u304b\u3089\u4e0a\u6607\u3057\u305f\u3002<\/p>\n

\u4eca\u56de\u306e\u30b9\u30da\u30a4\u30f39\u30ab\u6708\u7269\u30ec\u30c8\u30e9\u30b9\u5165\u672d\u3067\u5229\u56de\u308a\u304c2.514%\u3078\u4e0a\u304c\u3063\u305f\u3053\u3068\u306f\u3001\u5e02\u5834\u304c\u300c\u77ed\u671f\u91d1\u5229\uff08\u671f\u9593\u306e\u77ed\u3044\u91d1\u5229\uff09\u304c\u3088\u308a\u9ad8\u3044\u6c34\u6e96\u306b\u306a\u308b\u300d\u53ef\u80fd\u6027\u3092\u7e54\u308a\u8fbc\u307f\u59cb\u3081\u305f\u3053\u3068\u3092\u793a\u3059\u3002\u80cc\u666f\u306b\u306f\u3001\u7269\u4fa1\u4e0a\u6607\uff08\u30a4\u30f3\u30d5\u30ec\uff09\u306e\u5727\u529b\u304c\u6839\u5f37\u3044\u3068\u306e\u898b\u65b9\u304c\u3042\u308a\u3001\u6b27\u5dde\u4e2d\u592e\u9280\u884c\uff08ECB\uff09\u304c\u60f3\u5b9a\u3088\u308a\u65e9\u304f\u91d1\u878d\u653f\u7b56\uff08\u5229\u4e0a\u3052\u30fb\u5229\u4e0b\u3052\u306a\u3069\uff09\u3067\u52d5\u304f\u5fc5\u8981\u304c\u51fa\u308b\u3001\u3068\u3044\u3046\u898b\u65b9\u306b\u3064\u306a\u304c\u3063\u3066\u3044\u308b\u3002\u3053\u306e\u5909\u5316\u306f\u3001\u4eca\u5f8c\u6570\u9031\u9593\u306e\u91cd\u8981\u306a\u624b\u639b\u304b\u308a\u3068\u306a\u308b\u3002<\/p>\n

Inflation Expectations And Ecb Outlook<\/h3>\n

\u3053\u308c\u306f\u3001\u30e6\u30fc\u30ed\u570f\u306eHICP\uff08\u8abf\u548c\u6d88\u8cbb\u8005\u7269\u4fa1\u6307\u6570\uff1dEU\u5404\u56fd\u3067\u6bd4\u8f03\u3067\u304d\u308b\u3088\u3046\u57fa\u6e96\u3092\u305d\u308d\u3048\u305f\u7269\u4fa1\u6307\u6a19\uff09\u306e\u6700\u65b0\u30c7\u30fc\u30bf\u3068\u3082\u6574\u5408\u7684\u3060\u30022026\u5e744\u6708\u306eHICP\u306f2.8%\u3068\u9ad8\u6b62\u307e\u308a\u3057\u3001ECB\u304c\u76ee\u6307\u3059\u6c34\u6e96\u3092\u4e0a\u56de\u3063\u305f\u30022025\u5e74\u5f8c\u534a\u306b\u898b\u3089\u308c\u305fECB\u306e\u9577\u3044\u300c\u69d8\u5b50\u898b\uff08\u653f\u7b56\u91d1\u5229\u3092\u52d5\u304b\u3055\u306a\u3044\u72b6\u614b\uff09\u300d\u306e\u5f8c\u3067\u3082\u3001\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u304c\u7d42\u308f\u3063\u3066\u3044\u306a\u3044\u3053\u3068\u3092\u793a\u5506\u3059\u308b\u3002\u5e02\u5834\u306f\u3001\u4eca\u5e74\u671f\u5f85\u3055\u308c\u3066\u3044\u305f\u5229\u4e0b\u3052\u89b3\u6e2c\u3092\u5f8c\u9000\u3055\u305b\u3064\u3064\u3042\u308b\u3002<\/p>\n

\u91d1\u5229\u95a2\u9023\u306e\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\uff08\u91d1\u878d\u6d3e\u751f\u5546\u54c1\u3002\u57fa\u3068\u306a\u308b\u91d1\u5229\u3084\u50b5\u5238\u306a\u3069\u306e\u5024\u52d5\u304d\u304b\u3089\u6d3e\u751f\u3057\u3066\u4fa1\u683c\u304c\u6c7a\u307e\u308b\u5546\u54c1\uff09\u3092\u4f7f\u3046\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306f\u3001\u300c\u91d1\u5229\u4e0a\u6607\u300d\u3068\u300c\u50b5\u5238\u4fa1\u683c\u306e\u4e0b\u843d\u300d\u306b\u6709\u5229\u306a\u6226\u7565\u304c\u9078\u629e\u80a2\u3068\u306a\u308b\u3002\u4f8b\u3048\u3070\u3001\u30c9\u30a4\u30c4\u56fd\u50b5\u5148\u7269\uff08\u30d6\u30f3\u30c8\u5148\u7269\uff09\u3092\u58f2\u308b\uff08\u4fa1\u683c\u4e0b\u843d\u3067\u5229\u76ca\u3092\u72d9\u3046\uff09\u65b9\u6cd5\u3084\u3001\u91d1\u5229\u30b9\u30ef\u30c3\u30d7\uff08\u91d1\u5229\u306e\u652f\u6255\u3044\u6761\u4ef6\u3092\u4ea4\u63db\u3059\u308b\u53d6\u5f15\uff09\u3092\u4f7f\u3063\u3066\u30e6\u30fc\u30ed\u77ed\u671f\u91d1\u5229\u6307\u6a19\u3067\u3042\u308bEuribor\uff08\u30e6\u30fc\u30ed\u570f\u306e\u77ed\u671f\u9280\u884c\u9593\u91d1\u5229\u306e\u6307\u6a19\uff09\u306e\u4e0a\u6607\u3092\u898b\u8fbc\u3080\u53d6\u308a\u5f15\u304d\u304c\u8003\u3048\u3089\u308c\u308b\u3002\u3053\u308c\u3089\u306f\u3001ECB\u304c\u5f15\u304d\u7de0\u3081\u65b9\u5411\u306b\u52d5\u304b\u3056\u308b\u3092\u5f97\u306a\u3044\u3001\u3068\u3044\u3046\u898b\u65b9\u3092\u53cd\u6620\u3057\u3084\u3059\u3044\u624b\u6bb5\u3060\u3002<\/p>\n

\u91d1\u5229\u304c\u9ad8\u304f\u306a\u308b\u3068\u3001\u4f01\u696d\u306e\u8cc7\u91d1\u8abf\u9054\u30b3\u30b9\u30c8\uff08\u501f\u308a\u5165\u308c\u306b\u304b\u304b\u308b\u8cbb\u7528\uff09\u304c\u5897\u3048\u3001\u682a\u5f0f\u5e02\u5834\u306e\u91cd\u3057\u306b\u306a\u308a\u5f97\u308b\u3002\u30b9\u30da\u30a4\u30f3\u682a\u306e\u4ee3\u8868\u6307\u6570IBEX35\u306b\u5bfe\u3057\u3066\u30d7\u30c3\u30c8\u30aa\u30d7\u30b7\u30e7\u30f3\uff08\u5c06\u6765\u3001\u3042\u3089\u304b\u3058\u3081\u6c7a\u3081\u305f\u4fa1\u683c\u3067\u58f2\u308b\u6a29\u5229\u3002\u4e0b\u843d\u306b\u5099\u3048\u308b\u30fb\u4e0b\u843d\u3067\u5229\u76ca\u3092\u72d9\u3046\u624b\u6bb5\uff09\u3092\u8cb7\u3046\u3053\u3068\u306f\u3001\u91d1\u878d\u5f15\u304d\u7de0\u3081\u306b\u3088\u308b\u682a\u5b89\u3078\u306e\u5099\u3048\u3001\u307e\u305f\u306f\u4e0b\u843d\u5c40\u9762\u3067\u306e\u53ce\u76ca\u6a5f\u4f1a\u306b\u306a\u308a\u5f97\u308b\u3002IBEX35\u306f\u904e\u53bb1\u30ab\u6708\u30671.5%\u4e0b\u843d\u3057\u3066\u304a\u308a\u3001\u5f31\u3055\u3082\u307f\u3089\u308c\u308b\u3002<\/p>\n

Currency And Risk Implications<\/h3>\n

\u70ba\u66ff\u5e02\u5834\u3067\u306f\u3001ECB\u304c\u300c\u30bf\u30ab\u6d3e\uff08\u30a4\u30f3\u30d5\u30ec\u91cd\u8996\u3067\u5229\u4e0a\u3052\u306b\u524d\u5411\u304d\uff09\u300d\u306b\u50be\u3051\u3070\u3001\u30e6\u30fc\u30ed\u9ad8\u8981\u56e0\u306b\u306a\u308a\u5f97\u308b\u3002\u6b27\u5dde\u3068\u65e5\u672c\u306e\u91d1\u878d\u653f\u7b56\u306e\u65b9\u5411\u6027\u306e\u5dee\u304c\u5e83\u304c\u308b\u3068\u306e\u898b\u65b9\u304b\u3089\u3001EUR\/JPY\uff08\u30e6\u30fc\u30ed\/\u5186\uff09\u306e\u4e0a\u6607\u3092\u30aa\u30d7\u30b7\u30e7\u30f3\uff08\u5c06\u6765\u306e\u58f2\u8cb7\u306e\u6a29\u5229\u3092\u53d6\u5f15\u3059\u308b\u5546\u54c1\uff09\u3067\u72d9\u3046\u4f59\u5730\u304c\u3042\u308b\u3002\u4e00\u65b9\u3067\u3001\u30b9\u30da\u30a4\u30f3\u306e\u8ca1\u653f\u72b6\u614b\u306b\u3082\u6ce8\u610f\u304c\u5fc5\u8981\u3060\u30022026\u5e74\u7b2c1\u56db\u534a\u671f\u306e\u8ca1\u653f\u8d64\u5b57\uff08\u6b73\u5165\u3088\u308a\u6b73\u51fa\u304c\u591a\u3044\u72b6\u614b\uff09\u306f3.2%\u306b\u62e1\u5927\u3057\u3066\u304a\u308a\u3001\u56fd\u50b5\u306e\u4fe1\u7528\u4e0d\u5b89\uff08\u30bd\u30d6\u30ea\u30f3\u30ea\u30b9\u30af\uff1d\u56fd\u306e\u8ca1\u653f\u60aa\u5316\u306a\u3069\u3067\u8fd4\u6e08\u3078\u306e\u61f8\u5ff5\u304c\u9ad8\u307e\u308b\u30ea\u30b9\u30af\uff09\u306b\u3064\u306a\u304c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u30b9\u30da\u30a4\u30f39\u30ab\u6708\u30ec\u30c8\u30e9\u30b9\u5229\u56de\u308a2.514%\u3078\u4e0a\u6607\u3001\u77ed\u671f\u91d1\u5229\u9ad8\u6b62\u307e\u308a\u3092\u5e02\u5834\u304c\u7e54\u308a\u8fbc\u307f\u3002HICP2.8%\u3067\u5229\u4e0b\u3052\u89b3\u6e2c\u5f8c\u9000\u3001ECB\u30bf\u30ab\u6d3e\u8ee2\u63db\u3082\u3002\u682a\u5b89\u30fb\u30e6\u30fc\u30ed\u9ad8\u3001\u8ca1\u653f\u8d64\u5b57\u62e1\u5927\u306b\u8b66\u6212\u3002<\/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-46779","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\/46779","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=46779"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/posts\/46779\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/media?parent=46779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/categories?post=46779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/jp-asia\/wp-json\/wp\/v2\/tags?post=46779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}