{"id":51775,"date":"2026-07-30T00:01:35","date_gmt":"2026-07-30T00:01:35","guid":{"rendered":"https:\/\/www.vtmarkets.com\/jp-asia\/uncategorized\/51775\/"},"modified":"2026-07-30T00:01:35","modified_gmt":"2026-07-30T00:01:35","slug":"frb%e3%81%ae%e6%8d%ae%e3%81%88%e7%bd%ae%e3%81%8d%e3%82%92%e5%8f%97%e3%81%91%e5%88%a9%e4%b8%8b%e3%81%92%e8%a6%b3%e6%b8%ac%e3%81%8c%e5%bc%b7%e3%81%be%e3%82%8a%e3%80%81%e3%83%89%e3%83%ab%e6%8c%87","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/jp-asia\/live-updates\/51775\/","title":{"rendered":"FRB\u306e\u636e\u3048\u7f6e\u304d\u3092\u53d7\u3051\u5229\u4e0b\u3052\u89b3\u6e2c\u304c\u5f37\u307e\u308a\u3001\u30c9\u30eb\u6307\u6570\u306f101\u3092\u4e0b\u56de\u308b"},"content":{"rendered":"

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\u4eca\u56de\u306e\u4f1a\u5408\u3067\u306f\u7d4c\u6e08\u898b\u901a\u3057\uff08SEP\uff09\u304c\u516c\u8868\u3055\u308c\u305a\u3001\u660e\u78ba\u306a\u30d5\u30a9\u30ef\u30fc\u30c9\u30ac\u30a4\u30c0\u30f3\u30b9\u3082\u793a\u3055\u308c\u306a\u304b\u3063\u305f\u305f\u3081\u3001\u5e02\u5834\u306e\u7126\u70b9\u306f\u4eca\u5f8c\u306e\u6307\u6a19\u30689\u6708\u306e\u30c9\u30c3\u30c8\u30fb\u30d7\u30ed\u30c3\u30c8\u306b\u79fb\u308b\u30026\u6708\u6642\u70b9\u3067\u306f18\u500b\u306e\u30c9\u30c3\u30c8\u306e\u3046\u30619\u3064\u304c2026\u5e74\u306e\u5229\u4e0a\u3052\u3092\u793a\u3057\u3066\u3044\u305f\u4e00\u65b9\u3001\u8b70\u6c7a\u6a29\u3092\u6301\u3064\u306e\u306f12\u4eba\u306b\u3068\u3069\u307e\u308b\u3002\u6728\u66dc\u65e5\u767a\u8868\u306e6\u6708PCE\u306f\u3001\u30b3\u30a2\u304c\u524d\u6708\u6bd40.2%\u3001\u524d\u5e74\u6bd43.3%\uff08\u524d\u56de\u306f0.3%\u30013.4%\uff09\u3001\u7dcf\u5408\u306f\u524d\u6708\u6bd4-0.1%\u3001\u524d\u5e74\u6bd43.7%\uff08\u524d\u56de\u306f4.1%\uff09\u304c\u4e88\u60f3\u3055\u308c\u3066\u3044\u308b\u3002\u540c\u65e5\u306b\u306f4-6\u6708\u671fGDP\uff08\u901f\u5831\uff09\u304c2.1%\u3001\u65b0\u898f\u5931\u696d\u4fdd\u967a\u7533\u8acb\u4ef6\u6570\u306f20\u4e07\u4ef6\uff08\u524d\u56de18.7\u4e07\u4ef6\uff09\u3068\u306e\u898b\u901a\u3057\u3002\u91d1\u66dc\u65e5\u306b\u306f4-6\u6708\u671f\u96c7\u7528\u30b3\u30b9\u30c8\u6307\u6570\uff08ECI\uff09\u304c0.8%\u3001\u30df\u30b7\u30ac\u30f3\u5927\u5b66\u306e\u30a4\u30f3\u30d5\u30ec\u671f\u5f85\u306f1\u5e74\u51484.2%\u30015\u5e74\u51483.3%\u304c\u4e88\u5b9a\u3055\u308c\u308b\u3002\u30c6\u30af\u30cb\u30ab\u30eb\u3067\u306f\u3001\u4e0a\u5024\u62b5\u6297\u304c101.00\u3068101.50\u3001\u4e0b\u5024\u652f\u6301\u304c100.85\u3001\u305d\u306e\u4e0b\u306b100.50\u3001100.00\u304c\u6319\u3052\u3089\u308c\u3066\u3044\u308b\u3002<\/p>\n

Market Reaction and Current Trading Strategy<\/h3>\n

\u5e02\u5834\u3067\u306f\u5178\u578b\u7684\u306a\u300c\u5642\u3067\u58f2\u3063\u3066\u4e8b\u5b9f\u3067\u8cb7\u3046\uff08sell the rumor, buy the fact\uff09\u300d\u306e\u53cd\u5fdc\u304c\u898b\u3089\u308c\u3001\u7c73\u30c9\u30eb\u6307\u6570\uff08DXY\uff09\u306f101.00\u3092\u5272\u308a\u8fbc\u307f100.90\u524d\u5f8c\u307e\u3067\u4e0b\u843d\u3057\u305f\u3002\u6295\u7968\u30e1\u30f3\u30d0\u30fc3\u4eba\u304c\u5373\u6642\u5229\u4e0a\u3052\u3092\u4e3b\u5f35\u3057\u305f\u3082\u306e\u306e\u3001FRB\u304c3.50%\uff5e3.75%\u3067\u636e\u3048\u7f6e\u3044\u305f\u3053\u3068\u3092\u53d7\u3051\u3001\u5e02\u5834\u306f\u5c06\u6765\u306e\u8ffd\u52a0\u5f15\u304d\u7de0\u3081\u3092\u7a4d\u6975\u7684\u306b\u7e54\u308a\u4e0b\u3052\u305f\u3002\u6b74\u53f2\u7684\u306b\u3001FOMC\u5185\u90e8\u306b\u610f\u898b\u306e\u5272\u308c\u304c\u3042\u3063\u3066\u3082\u3001\u8b70\u9577\u304c\u4eca\u5f8c\u306e\u91d1\u5229\u30d1\u30b9\u306e\u5177\u4f53\u7684\u306a\u6642\u671f\u306b\u30b3\u30df\u30c3\u30c8\u3057\u306a\u3044\u5834\u5408\u3001\u5e02\u5834\u306f\u30bf\u30ab\u6d3e\u7684\u306a\u30ce\u30a4\u30ba\u3092\u5272\u308a\u5f15\u304d\u3001\u30a4\u30fc\u30eb\u30c9\u30ab\u30fc\u30d6\u306f\u30d5\u30e9\u30c3\u30c8\u5316\u3057\u3084\u3059\u3044\u3002<\/p>\n

\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u53d6\u5f15\u306e\u89b3\u70b9\u3067\u306f\u3001\u4eca\u5f8c\u6570\u9031\u9593\u306f\u7c73\u30c9\u30eb\u306b\u5f31\u6c17\u30d0\u30a4\u30a2\u30b9\u3092\u7f6e\u304d\u3001101.00\u306e\u30ec\u30b8\u30b9\u30bf\u30f3\u30b9\u30be\u30fc\u30f3\u3078\u306e\u623b\u308a\u5c40\u9762\u3067\u306e\u58f2\u308a\u3092\u72d9\u3044\u305f\u3044\u3002DXY\u5148\u7269\u306e\u30b7\u30e7\u30fc\u30c8\u3001\u307e\u305f\u306f\u30a2\u30a6\u30c8\u30fb\u30aa\u30d6\u30fb\u30b6\u30fb\u30de\u30cd\u30fc\u306e\u30d7\u30c3\u30c8\u8cfc\u5165\u3067100.50\u304a\u3088\u3073100.00\u306e\u30b5\u30dd\u30fc\u30c8\u3092\u30bf\u30fc\u30b2\u30c3\u30c8\u306b\u3059\u308b\u6226\u7565\u306f\u3001\u30ea\u30b9\u30af\u30ea\u30ef\u30fc\u30c9\u9762\u3067\u9b45\u529b\u304c\u3042\u308b\u3002\u7121\u52b9\u5316\u6c34\u6e96\u306f\u53b3\u683c\u306b\u8a2d\u5b9a\u3057\u3001DXY\u304c\u65e5\u8db3\u3067101.50\u3092\u4e0a\u56de\u3063\u3066\u5f15\u3051\u305f\u5834\u5408\u306f\u30b7\u30e7\u30fc\u30c8\u3092\u624b\u4ed5\u821e\u3046\u3053\u3068\u3092\u63a8\u5968\u3059\u308b\u3002<\/p>\n

Implications for Interest Rate Derivatives<\/h3>\n

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\u4eca\u5f8c\u306f\u3001\u524d\u5e74\u6bd43.4%\u304b\u30893.3%\u3078\u306e\u920d\u5316\u304c\u898b\u8fbc\u307e\u308c\u308b\u30b3\u30a2PCE\u306b\u52a0\u3048\u30012.1%\u304c\u4e88\u60f3\u3055\u308c\u308b4-6\u6708\u671fGDP\uff08\u901f\u5831\uff09\u3092\u6ce8\u8996\u3057\u305f\u3044\u3002PCE\u304c\u3053\u3046\u3057\u305f\u30c7\u30a3\u30b9\u30a4\u30f3\u30d5\u30ec\u4e88\u60f3\u306b\u6cbf\u3048\u3070\u3001FRB\u306e\u636e\u3048\u7f6e\u304d\u5224\u65ad\u3092\u88dc\u5f37\u3057\u3001\u30c9\u30eb\u306e\u4e0b\u62bc\u3057\u8981\u56e0\u3068\u306a\u308b\u3002\u4e00\u65b9\u3067\u30a4\u30f3\u30d5\u30ec\u671f\u5f85\u306e\u7c98\u7740\u6027\u304c\u7d9a\u304f\u5834\u5408\u3001DXY\u306e\u4e00\u6642\u7684\u306a\u4e0a\u632f\u308c\u3082\u60f3\u5b9a\u3055\u308c\u308b\u304c\u3001\u305d\u306e\u5c40\u9762\u306f\u30b7\u30e7\u30fc\u30c8\u306e\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u30fb\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u518d\u69cb\u7bc9\u3059\u308b\u597d\u6a5f\u3068\u3057\u3066\u6349\u3048\u305f\u3044\u3002<\/p>\n\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>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

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