{"id":34232,"date":"2026-01-02T15:35:52","date_gmt":"2026-01-02T15:35:52","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/34232\/"},"modified":"2026-01-02T15:35:52","modified_gmt":"2026-01-02T15:35:52","slug":"%e5%b8%8c%e8%87%98%e7%9a%84%e6%a8%99%e6%ba%96%e6%99%ae%e7%88%be%e5%85%a8%e7%90%83%e8%a3%bd%e9%80%a0%e6%a5%ad%e6%8e%a1%e8%b3%bc%e7%b6%93%e7%90%86%e4%ba%ba%e6%8c%87%e6%95%b8%e5%9c%a8%e5%8d%81%e4%ba%8c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/34232\/","title":{"rendered":"\u5e0c\u81d8\u7684\u6a19\u6e96\u666e\u723e\u5168\u7403\u88fd\u9020\u696d\u63a1\u8cfc\u7d93\u7406\u4eba\u6307\u6578\u5728\u5341\u4e8c\u6708\u4efd\u5f9e52.7\u4e0a\u5347\u81f352.9"},"content":{"rendered":"

12\u6708\u5e0c\u81d8\u6a19\u666e\u5168\u7403\u88fd\u9020\u696d\u63a1\u8cfc\u7d93\u7406\u4eba\u6307\u6578\uff08PMI\uff09\u5f9e52.7\u4e0a\u5347\u81f352.9\u3002\u9019\u4e00\u589e\u9577\u8868\u660e\u8a72\u884c\u696d\u72c0\u6cc1\u7565\u6709\u6539\u5584\uff0c\u53ef\u80fd\u9810\u793a\u8457\u5e74\u5e95\u524d\u7d93\u6fdf\u5c07\u4fdd\u6301\u6eab\u548c\u589e\u9577\u3002\u5e0c\u81d8\u88fd\u9020\u5546\u5728\u88fd\u5b9a\u672a\u4f86\u8a08\u756b\u6642\uff0c\u6216\u8a31\u9700\u8981\u8003\u616e\u4e0d\u65b7\u8b8a\u5316\u7684\u7d93\u6fdf\u74b0\u5883\u548c\u5373\u5c07\u9762\u81e8\u7684\u6311\u6230\u3002PMI\u4e0a\u5347\u901a\u5e38\u9810\u793a\u8457\u9700\u6c42\u548c\u751f\u7522\u6c34\u6e96\u7684\u63d0\u9ad8\uff0c\u986f\u793a\u88fd\u9020\u696d\u74b0\u5883\u7a69\u5065\u3002<\/p>\n\n

\u7406\u89e3 PMI \u8b80\u6578<\/h3>\n\n

\u63a1\u8cfc\u7d93\u7406\u4eba\u6307\u6578 (PMI) \u9ad8\u65bc 50 \u8868\u793a\u88fd\u9020\u696d\u8f03\u4e0a\u6708\u64f4\u5f35\uff0c\u4f4e\u65bc 50 \u5247\u8868\u793a\u6536\u7e2e\u3002\u5118\u7ba1\u5b58\u5728\u4e00\u4e9b\u7d93\u6fdf\u4e0d\u78ba\u5b9a\u6027\uff0c\u4f46\u8fd1\u671f\u516c\u4f48\u7684 PMI \u6578\u64da\u986f\u793a\uff0c\u5e0c\u81d8\u88fd\u9020\u696d\u524d\u666f\u6a02\u89c0\u3002\u6700\u65b0\u5831\u544a\u986f\u793a\uff0c\u5e0c\u81d8 2025 \u5e74 12 \u6708\u88fd\u9020\u696d PMI \u5347\u81f3 52.9\uff0c\u9019\u662f\u4e00\u500b\u6eab\u548c\u4f46\u7a4d\u6975\u7684\u7d93\u6fdf\u8a0a\u865f\u3002\u5c0d\u65bc\u6211\u5011\u9019\u4e9b\u884d\u751f\u6027\u5546\u54c1\u5e02\u5834\u53c3\u8207\u8005\u800c\u8a00\uff0c\u9019\u9032\u4e00\u6b65\u589e\u5f37\u4e86\u6211\u5011\u5c0d\u5e0c\u81d8\u8cc7\u7522\u5728\u65b0\u7684\u4e00\u5e74\u4e2d\u7684\u770b\u6f32\u9810\u671f\u3002\u9019\u8868\u660e\uff0c\u53bb\u5e74\u5927\u90e8\u5206\u6642\u9593\u6211\u5011\u6240\u770b\u5230\u7684\u7d93\u6fdf\u64f4\u5f35\u52e2\u982d\u4ecd\u5728\u5ef6\u7e8c\u3002<\/p>\n\n

\u7d93\u6fdf\u5c55\u671b\u7b56\u7565<\/h3>\n\n

\u9019\u4e9b\u6578\u64da\u652f\u6301\u5c0d\u96c5\u5178\u8b49\u5238\u4ea4\u6613\u6240\u7d9c\u5408\u6307\u6578\u9032\u4e00\u6b65\u4e0a\u6f32\u7684\u9810\u671f\uff0c\u6211\u5011\u9810\u8a082025\u5e74\u5c07\u4e0a\u6f32\u8d85\u904e15%\u3002\u4ea4\u6613\u8005\u53ef\u4ee5\u8003\u616e\u8cb7\u9032\u8a72\u6307\u6578\u6216\u53d7\u76ca\u65bc\u88fd\u9020\u696d\u5f37\u52c1\u6210\u9577\u7684\u95dc\u9375\u5de5\u696d\u80a1\u7684\u8cb7\u6b0a\u3002\u9019\u662f\u4e00\u7a2e\u76f4\u63a5\u62bc\u6ce8\u7d93\u6fdf\u6301\u7e8c\u5411\u597d\u7684\u65b9\u6cd5\u3002<\/p>\n\n

\u8003\u616e\u52302025\u5e7412\u6708\u6b50\u5143\u5340\u88fd\u9020\u696d\u63a1\u8cfc\u7d93\u7406\u4eba\u6307\u6578(PMI)\u6536\u572849.8\uff0c\u7565\u4f4e\u65bc50\u69ae\u67af\u7dda\uff0c\u5e0c\u81d8\u7684\u512a\u7570\u8868\u73fe\u7279\u5225\u503c\u5f97\u95dc\u6ce8\u3002\u9019\u7a2e\u5dee\u7570\u53ef\u80fd\u4f7f\u505a\u591a\u5e0c\u81d8\u80a1\u7968\u671f\u8ca8\u4e26\u505a\u7a7a\u66f4\u5ee3\u6cdb\u7684\u6b50\u6d32\u6307\u6578\u6210\u70ba\u6709\u8da3\u7684\u76f8\u5c0d\u50f9\u503c\u4ea4\u6613\u7b56\u7565\u3002\u9019\u51f8\u986f\u4e86\u5e0c\u81d8\u5728\u6b50\u5143\u5340\u5167\u7684\u5f37\u52c1\u8868\u73fe\u3002<\/p>\n\n

\u6211\u5011\u4e5f\u8a8d\u70ba\u9019\u5c0d\u4fe1\u8cb8\u5e02\u5834\u4f86\u8aaa\u662f\u4e00\u500b\u8a0a\u865f\uff0c\u5c24\u5176\u662f\u5728\u5e0c\u81d8\u65bc2023\u5e74\u91cd\u7372\u6295\u8cc7\u7b49\u7d1a\u4fe1\u7528\u8a55\u7d1a\u4e26\u7dad\u6301\u52302025\u5e74\u4e4b\u5f8c\u3002\u5065\u5eb7\u7684\u88fd\u9020\u696d\u964d\u4f4e\u4e86\u4eba\u5011\u5c0d\u4e3b\u6b0a\u98a8\u96aa\u7684\u9810\u671f\uff0c\u53ef\u80fd\u5c0e\u81f4\u5e0c\u81d8\u653f\u5e9c\u50b5\u52d9\u4fe1\u7528\u9055\u7d04\u4ea4\u63db(CDS)\u5229\u5dee\u6536\u7a84\u3002<\/p>\n\n

\u8ce3\u51fa\u5e0c\u81d8\u50b5\u52d9\u7684\u4fdd\u8b77\u6027\u6a19\u7684\u53ef\u80fd\u662f\u4e00\u7a2e\u53ef\u884c\u7684\u7b56\u7565\uff0c\u53ef\u4ee5\u9810\u671f\u9019\u7a2e\u6301\u7e8c\u7684\u7a69\u5b9a\u6027\u3002\u5118\u7ba1\u63a1\u8cfc\u7d93\u7406\u4eba\u6307\u6578\uff08PMI\uff09\u6578\u64da\u70ba\u6b63\uff0c\u4f46\u589e\u5e45\u8f03\u5c0f\uff0c\u9019\u610f\u5473\u8457\u6211\u5011\u4e0d\u61c9\u9810\u671f\u5e02\u5834\u6ce2\u52d5\u6027\u6703\u5927\u5e45\u98c6\u5347\u3002<\/p>\n\n

\u56e0\u6b64\uff0c\u8af8\u5982\u8ce3\u51fa\u5e0c\u81d8\u4e3b\u8981\u5de5\u696d\u80a1\u7684\u73fe\u91d1\u64d4\u4fdd\u770b\u8dcc\u671f\u6b0a\u4e4b\u985e\u7684\u7b56\u7565\u53ef\u80fd\u9817\u5177\u5438\u5f15\u529b\uff0c\u65e8\u5728\u5f9e\u9810\u671f\u7684\u5e02\u5834\u7a69\u5b9a\u4e2d\u7372\u53d6\u6ea2\u50f9\u3002\u9019\u53cd\u6620\u51fa\u4e00\u7a2e\u8b39\u614e\u6a02\u89c0\u7684\u60c5\u7dd2\uff0c\u800c\u975e\u7206\u767c\u6027\u6210\u9577\u3002<\/p>\n\n\n

\u7acb\u5373\u958b\u59cb\u4ea4\u6613\uff0d\u9ede\u64ca\u9019\u88e1<\/a>\u5efa\u7acb\u60a8\u7684VT Markets\u771f\u5be6\u5e33\u865f\u3002 <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

\u5e0c\u81d8\u7684S&P\u5168\u7403\u88fd\u9020\u696dPMI\u572812\u6708\u5f9e52.7\u4e0a\u5347\u81f352.9\uff0c\u986f\u793a\u8a72\u884c\u696d\u7565\u6709\u6539\u5584\uff0c\u9810\u793a\u8457\u7d93\u6fdf\u7e7c\u7e8c\u7a69\u5b9a\u589e\u9577\u7684\u53ef\u80fd\u6027\u3002<\/p>\n","protected":false},"author":74,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-34232","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\/zh\/wp-json\/wp\/v2\/posts\/34232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/users\/74"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/comments?post=34232"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/34232\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=34232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=34232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=34232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}