{"id":48848,"date":"2026-06-15T17:31:56","date_gmt":"2026-06-15T17:31:56","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/48848\/"},"modified":"2026-06-15T17:31:56","modified_gmt":"2026-06-15T17:31:56","slug":"%e3%82%ab%e3%82%b8%e3%83%9f%e3%83%bc%e3%83%ab%e6%b0%8f%e3%80%81%e3%82%a8%e3%83%8d%e3%83%ab%e3%82%ae%e3%83%bc%e3%82%b7%e3%83%a7%e3%83%83%e3%82%af%e3%81%a7%e3%82%b3%e3%82%a2%e3%82%a4%e3%83%b3%e3%83%95","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/48848\/","title":{"rendered":"\u30ab\u30b8\u30df\u30fc\u30eb\u6c0f\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u30b7\u30e7\u30c3\u30af\u3067\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u9ad8\u6b62\u307e\u308a\u306e\u4e2d\u3001ECB\u306e\u8ffd\u52a0\u5229\u4e0a\u3052\u3092\u793a\u5506\u3000\u30e6\u30fc\u30ed\u4e0a\u6607"},"content":{"rendered":"

ECB\u7406\u4e8b\u4f1a\u30e1\u30f3\u30d0\u30fc\u306e\u30d4\u30fc\u30bf\u30fc\u30fb\u30ab\u30b8\u30df\u30fc\u30eb\u6c0f\u306f\u3001\u91d1\u878d\u653f\u7b56\u306b\u306f\u306a\u304a\u8ffd\u52a0\u7684\u306a\u5bfe\u5fdc\u4f59\u5730\u304c\u3042\u308b\u3068\u8ff0\u3079\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u30b7\u30e7\u30c3\u30af\u304c\u7d4c\u6e08\u306b\u6ce2\u53ca\u3057\u3066\u3044\u308b\u70b9\u3092\u6319\u3052\u305f\u3046\u3048\u3067\u3001ECB\u306b\u5bfe\u3057\u8b66\u6212\u3068\u5fc5\u8981\u306b\u5fdc\u3058\u305f\u6a5f\u52d5\u7684\u5bfe\u5fdc\u3092\u6c42\u3081\u305f\u3002\u8ffd\u52a0\u7684\u306a\u5f15\u304d\u7de0\u3081\u3092\u7e54\u308a\u8fbc\u3093\u3060\u5834\u5408\u3067\u3082\u30b3\u30a2\u30a4\u30f3\u30d5\u30ec\u898b\u901a\u3057\u304c2\uff05\u3092\u4e0a\u56de\u308b\u3053\u3068\u306b\u4e0d\u5feb\u611f\u3092\u793a\u3057\u3001\u4eca\u5f8c\u306e\u63aa\u7f6e\u306f\u524d\u5012\u3057\u3067\u5b9f\u65bd\u3057\u3064\u3064\u3001\u5165\u3063\u3066\u304f\u308b\u30c7\u30fc\u30bf\u306e\u5909\u5316\u306b\u5fdc\u3058\u3066\u67d4\u8edf\u306b\u52d5\u304f\u59ff\u52e2\u304c\u671b\u307e\u3057\u3044\u3068\u306e\u8003\u3048\u3092\u306b\u3058\u307e\u305b\u305f\u3002<\/p>\n

\u767a\u8a00\u306f\u7c73\u56fd\u30fb\u30a4\u30e9\u30f3\u306e\u548c\u5e73\u67a0\u7d44\u307f\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u884c\u308f\u308c\u3001\u300c\u4e2d\u6771\u3067\u751f\u3058\u305f\u30c0\u30e1\u30fc\u30b8\u306f\u77ed\u671f\u9593\u3067\u306f\u5143\u306b\u623b\u3089\u306a\u3044\u300d\u3068\u6307\u6458\u3057\u305f\u3002\u30e6\u30fc\u30ed\u306f\u76f4\u5f8c\u306e\u53cd\u5fdc\u3053\u305d\u9650\u3089\u308c\u305f\u304c\u3001\u305d\u306e\u5f8c\u306eEUR\/USD\u306f0.37\uff05\u9ad8\u3068\u306a\u308a\u3001\u697d\u89b3\u7684\u306a\u5e02\u5834\u5730\u5408\u3044\u306e\u306a\u304b1.1610\u8fd1\u8fba\u3067\u63a8\u79fb\u3057\u305f\u3002<\/p>\n

ECB Hawkishness And Market Positioning<\/h3>\n

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\u5fc5\u8981\u306a\u5bfe\u5fdc\u3092\u524d\u5012\u3057\u3059\u308b\u59ff\u52e2\u304c\u3046\u304b\u304c\u308f\u308c\u3001\u77ed\u671f\u7684\u306b\u3088\u308a\u5927\u304d\u306a\u5229\u4e0a\u3052\u306b\u3064\u306a\u304c\u308b\u53ef\u80fd\u6027\u3082\u3042\u308b\u3002\u3053\u306e\u6226\u7565\u306f\u30012022\u5e74\u306b\u7c73\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff08FRB\uff09\u304c\u6025\u9032\u7684\u306a\u30a4\u30f3\u30d5\u30ec\u6291\u5236\u306b\u5411\u3051\u3066\u5927\u5e45\u5229\u4e0a\u3052\u3092\u65ad\u7d9a\u7684\u306b\u5b9f\u65bd\u3057\u305f\u5c40\u9762\u3092\u60f3\u8d77\u3055\u305b\u308b\u3002\u3057\u305f\u304c\u3063\u3066\u3001\u5e02\u5834\u304cECB\u306e\u9810\u91d1\u91d1\u52294.25\uff05\u3067\u306e\u300c\u4e00\u65e6\u505c\u6b62\u300d\u3092\u898b\u8fbc\u3093\u3067\u3044\u308b\u3068\u3059\u308c\u3070\u3001\u4e2d\u9280\u306e\u5f15\u304d\u7de0\u3081\u3078\u306e\u610f\u601d\u3092\u904e\u5c0f\u8a55\u4fa1\u3057\u3066\u3044\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002<\/p>\n

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Energy Shock, Inflation, And Equity Risks<\/h3>\n

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\u3053\u306e\u30bf\u30ab\u6d3e\u7684\u306a\u898b\u901a\u3057\u306f\u6b27\u5dde\u682a\u306b\u5bfe\u3057\u3066\u614e\u91cd\u59ff\u52e2\u3092\u4fc3\u3059\u3002\u501f\u5165\u30b3\u30b9\u30c8\u306e\u4e0a\u6607\u304c\u4f01\u696d\u53ce\u76ca\u3084\u7d4c\u6e08\u6210\u9577\u3092\u6291\u5236\u3057\u5f97\u308b\u305f\u3081\u3060\u3002\u30e6\u30fc\u30ed\u30fb\u30b9\u30c8\u30c3\u30af\u30b950\u306a\u3069\u4e3b\u8981\u682a\u4fa1\u6307\u6570\u306b\u5bfe\u3059\u308b\u30d7\u30ed\u30c6\u30af\u30c6\u30a3\u30d6\u30fb\u30d7\u30c3\u30c8\uff08\u4e0b\u843d\u30d8\u30c3\u30b8\uff09\u3092\u691c\u8a0e\u3057\u3066\u3044\u308b\u3002\u540c\u69d8\u306b\u30af\u30ec\u30b8\u30c3\u30c8\u30b9\u30d7\u30ec\u30c3\u30c9\u62e1\u5927\u306e\u53ef\u80fd\u6027\u3082\u3042\u308b\u3053\u3068\u304b\u3089\u3001\u793e\u50b5\u30a8\u30af\u30b9\u30dd\u30fc\u30b8\u30e3\u30fc\u306e\u70b9\u691c\u3092\u9032\u3081\u3066\u3044\u308b\u3002<\/p>\n\n\n

\u4eca\u3059\u3050\u53d6\u5f15\u3092\u59cb\u3081\u307e\u3057\u3087\u3046 \u2014 VT Markets\u306e\u30ea\u30a2\u30eb\u53e3\u5ea7\u3092\u958b\u8a2d\u3059\u308b\u306b\u306f\u3053\u3061\u3089<\/a>\u3092\u30af\u30ea\u30c3\u30af\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/b><\/p>","protected":false},"excerpt":{"rendered":"

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