{"id":40488,"date":"2026-03-19T12:00:43","date_gmt":"2026-03-19T12:00:43","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/40488\/"},"modified":"2026-03-19T12:00:43","modified_gmt":"2026-03-19T12:00:43","slug":"%e5%9c%a8%e8%81%af%e6%ba%96%e6%9c%83%e9%b7%b9%e6%b4%be%e7%ab%8b%e5%a0%b4%e4%b8%8b%ef%bc%8c%e9%bb%83%e9%87%91%e8%b7%8c%e8%87%b32%e6%9c%88%e4%bb%a5%e4%be%86%e6%9c%80%e4%bd%8e%ef%bc%8c%e4%b8%a6%e5%9c%a84","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/40488\/","title":{"rendered":"\u5728\u806f\u6e96\u6703\u9df9\u6d3e\u7acb\u5834\u4e0b\uff0c\u9ec3\u91d1\u8dcc\u81f32\u6708\u4ee5\u4f86\u6700\u4f4e\uff0c\u4e26\u57284,700\u7f8e\u5143\u9644\u8fd1\u4f01\u7a69"},"content":{"rendered":"\u9ec3\u91d1\u8dcc\u81f3 2 \u6708 6 \u65e5\u4ee5\u4f86\u65b0\u4f4e\uff0c\u6b50\u6d32\u65e9\u76e4\u4e0b\u6ed1\u81f3\u63a5\u8fd1 4,700 \u7f8e\u5143\u3002\u6b64\u8d70\u52e2\u767c\u751f\u5728\u7f8e\u5143\u8d70\u5f37\u4e4b\u5f8c\uff0c\u56e0\u70ba\u7f8e\u570b\u806f\u6e96\u6703\uff08Fed\uff0c\u7f8e\u570b\u4e2d\u592e\u9280\u884c\uff09\u91cb\u51fa\u504f\u300c\u9df9\u6d3e\u300d\uff08\u504f\u5411\u5347\u606f\u6216\u7dad\u6301\u9ad8\u5229\u7387\u3001\u4ee5\u6291\u5236\u901a\u81a8\uff09\u7684\u653f\u7b56\u8def\u5f91\u8a0a\u865f\u3002\n\n\u7f8e\u570b\u6578\u64da\u986f\u793a\uff0c\u6574\u9ad4\u751f\u7522\u8005\u7269\u50f9\u6307\u6578\uff08PPI\uff0c\u8861\u91cf\u4f01\u696d\u5728\u751f\u7522\u7aef\u7684\u9032\u8ca8\u8207\u6210\u672c\u50f9\u683c\u8b8a\u52d5\uff092 \u6708\u4e0a\u5347 0.7%\uff0c\u524d\u4e00\u500b\u6708\u70ba\u4e0a\u5347 0.5%\u3002\u5e74\u589e\u7387\uff08\u8207\u53bb\u5e74\u540c\u6708\u76f8\u6bd4\uff09\u5347\u81f3 3.4%\uff0c\u70ba 2025 \u5e74 2 \u6708\u4ee5\u4f86\u6700\u5927 12 \u500b\u6708\u589e\u5e45\u3002\n\n<h3>Fed Outlook And Geopolitical Risks<\/h3>\n\u806f\u6e96\u6703\u4e0a\u8abf\u5e74\u5e95\u500b\u4eba\u6d88\u8cbb\u652f\u51fa\u7269\u50f9\u6307\u6578\uff08PCE \u901a\u81a8\uff0cFed \u504f\u597d\u7684\u901a\u81a8\u6307\u6a19\uff0c\u8861\u91cf\u6c11\u773e\u6d88\u8cbb\u7c43\u5b50\u50f9\u683c\u8b8a\u5316\uff09\u9810\u6e2c\uff0c\u4e26\u63d0\u5230\u8207\u4f0a\u6717\u6230\u4e8b\u76f8\u95dc\u3001\u80fd\u6e90\u50f9\u683c\u8d70\u9ad8\u5e36\u4f86\u7684\u98a8\u96aa\u3002\u540c\u6642\u4e5f\u4e0a\u8abf 2026 \u5e74\u7d93\u6fdf\u6210\u9577\u9810\u6e2c\uff0c\u4e26\u9810\u4f30\u4eca\u5e74\u964d\u606f\u4e00\u6b21\u30012027 \u5e74\u518d\u964d\u606f\u4e00\u6b21\u3002\n\n\u5728\u6ce2\u7063\u5730\u5340\uff0c\u4ee5\u8272\u5217\u6253\u64ca\u4f0a\u6717\u5357\u5e15\u723e\u65af\uff08South Pars\uff09\u6c23\u7530\uff08\u88ab\u7a31\u70ba\u5168\u7403\u6700\u5927\u5929\u7136\u6c23\u7530\uff09\u5f8c\uff0c\u80fd\u6e90\u57fa\u790e\u8a2d\u65bd\u906d\u5230\u653b\u64ca\u3002\u7f8e\u570b\u7e3d\u7d71\u5510\u7d0d\uff0e\u5ddd\u666e\u8b66\u544a\uff0c\u53ef\u80fd\u91dd\u5c0d\u80fd\u6e90\u8cc7\u7522\u9032\u884c\u5927\u898f\u6a21\u53cd\u64ca\uff1b\u53e6\u6709\u5831\u5c0e\u7a31\uff0c\u7f8e\u570b\u6b63\u8a55\u4f30\u64f4\u5927\u8ecd\u4e8b\u884c\u52d5\uff0c\u4e26\u53ef\u80fd\u5411\u897f\u4e9e\uff08\u4e9e\u6d32\u897f\u90e8\u3001\u4e2d\u6771\u4e00\u5e36\uff09\u90e8\u7f72\u6578\u5343\u540d\u90e8\u968a\u3002\n\n\u5e02\u5834\u4e5f\u5728\u7b49\u5f85\u745e\u58eb\u592e\u884c\uff08SNB\uff09\u3001\u82f1\u570b\u592e\u884c\uff08BoE\uff09\u8207\u6b50\u6d32\u592e\u884c\uff08ECB\uff09\u7684\u653f\u7b56\u66f4\u65b0\uff0c\u4ee5\u53ca\u7f8e\u570b\u6bcf\u9031\u521d\u9818\u5931\u696d\u6551\u6fdf\u91d1\u4eba\u6578\uff08\u53cd\u6620\u52de\u52d5\u5e02\u5834\u6700\u65b0\u8b8a\u5316\uff09\u8207\u8cbb\u57ce\u806f\u6e96\u6703\u88fd\u9020\u696d\u6307\u6578\uff08Philly Fed\uff0c\u8abf\u67e5\u88fd\u9020\u696d\u666f\u6c23\u7684\u6307\u6a19\uff09\u3002\u5831\u544a\u65bc 3 \u6708 19 \u65e5 09:02 \u66f4\u6b63\uff0c\u5c07\u524d\u6708 PPI \u4fee\u6b63\u70ba 0.5%\uff0c\u975e 0.3%\u3002\n\n\u6280\u8853\u9762\u4e0a\uff0c\u50f9\u683c\u8dcc\u7834 5,040\u20135,035 \u7f8e\u5143\u5340\u9593\uff0c\u8a72\u5340\u9593\u540c\u6642\u662f\u300c4 \u5c0f\u6642\u5716 200 \u671f\u6307\u6578\u79fb\u52d5\u5e73\u5747\u7dda\uff08EMA\uff0c\u4e00\u7a2e\u66f4\u91cd\u8996\u8fd1\u671f\u50f9\u683c\u7684\u5747\u7dda\uff09\u300d\u8207\u300c38.2% \u56de\u64a4\uff08\u6590\u6ce2\u90a3\u5951\u56de\u64a4\uff0c\u7528\u4f86\u4f30\u7b97\u56de\u6a94\u53ef\u80fd\u6b62\u8dcc\/\u53cd\u5f48\u7684\u4f4d\u7f6e\uff09\u300d\u7684\u91cd\u758a\u5340\u3002\u76f8\u5c0d\u5f37\u5f31\u6307\u6a19\uff08RSI\uff0c\u7528\u4f86\u8861\u91cf\u6f32\u8dcc\u529b\u9053\u8207\u8d85\u8cb7\/\u8d85\u8ce3\uff09\u70ba 27.86\uff1b\u963b\u529b\u4f4d\u5728 4,919.61\uff0c\u5176\u6b21 5,037.25\uff1b\u652f\u6490\u4f4d\u5728 4,843\u30014,801.97 \u8207 4,634.48\u3002\n\n\u56e0\u9ec3\u91d1\u8dcc\u7834\u95dc\u9375\u652f\u6490\u4e26\u89f8\u53ca 4,700 \u7f8e\u5143\uff0c\u77ed\u7dda\u58d3\u529b\u660e\u986f\u504f\u5411\u4e0b\u884c\uff0c\u4e3b\u56e0\u662f\u806f\u6e96\u6703\u504f\u9df9\u7acb\u5834\u3002\u829d\u5546\u6240\uff08CME\uff09FedWatch \u5de5\u5177\uff08\u4ee5\u5229\u7387\u671f\u8ca8\u63a8\u7b97\u5e02\u5834\u5c0d\u5347\u964d\u606f\u6a5f\u7387\u7684\u5de5\u5177\uff09\u76ee\u524d\u4f30\u7b97\uff1a\u5230 6 \u6708\u6703\u8b70\u524d\u7dad\u6301\u5229\u7387\u4e0d\u8b8a\u7684\u6a5f\u7387\u70ba 85%\uff0c\u5f37\u5316\u7f8e\u5143\u5c0d\u300c\u4e0d\u5b73\u606f\u8cc7\u7522\u300d\uff08\u4e0d\u6703\u652f\u4ed8\u5229\u606f\u6216\u80a1\u606f\u7684\u8cc7\u7522\uff0c\u4f8b\u5982\u9ec3\u91d1\uff09\u7684\u76f8\u5c0d\u512a\u52e2\u3002\u9019\u4ee3\u8868\u4ea4\u6613\u8005\u53ef\u8003\u616e\u8cb7\u5165\u8ce3\u6b0a\uff08put option\uff0c\u50f9\u683c\u4e0b\u8dcc\u6642\u66f4\u53ef\u80fd\u7372\u5229\u7684\u9078\u64c7\u6b0a\uff09\u6216\u5efa\u7acb\u300c\u718a\u5e02\u8ce3\u6b0a\u50f9\u5dee\u300d\uff08bear put spread\uff0c\u7528\u8f03\u4f4e\u6210\u672c\u62bc\u6ce8\u4e0b\u8dcc\u3001\u4e26\u9650\u5236\u6700\u5927\u7372\u5229\u8207\u98a8\u96aa\u7684\u7d44\u5408\uff09\uff0c\u4ee5\u638c\u63e1\u9032\u4e00\u6b65\u8d70\u5f31\u81f3 4,634 \u6280\u8853\u76ee\u6a19\u7684\u53ef\u80fd\u6027\u3002\n\n<h3>Strategy Considerations For Volatility<\/h3>\n\u6211\u5011\u8a8d\u70ba\uff0c\u5f71\u97ff\u9ec3\u91d1\u7684\u4e3b\u8981\u56e0\u7d20\u662f\u806f\u6e96\u6703\u6291\u5236\u901a\u81a8\u7684\u7acb\u5834\uff1b\u5f9e\u6700\u65b0 PPI \u5e74\u589e 3.4% \u4f86\u770b\uff0c\u901a\u81a8\u4ecd\u6709\u9ecf\u8457\u6027\uff08\u4e0d\u6613\u5feb\u901f\u56de\u843d\uff09\u3002\u5728 2022 \u8207 2023 \u5e74\u4e5f\u51fa\u73fe\u985e\u4f3c\u60c5\u6cc1\uff1a\u9ec3\u91d1\u8d77\u521d\u5728\u806f\u6e96\u6703\u5feb\u901f\u5347\u606f\u4e0b\u8868\u73fe\u53d7\u58d3\uff0c\u4e4b\u5f8c\u624d\u5728\u5730\u7de3\u653f\u6cbb\u56e0\u7d20\u5e36\u52d5\u4e0b\u53cd\u8f49\u3002\u82e5\u8dcc\u7834 4,800 \u7f8e\u5143\u9019\u500b\u5fc3\u7406\u8207\u6280\u8853\u652f\u6490\uff08\u5e02\u5834\u5e38\u95dc\u6ce8\u7684\u6574\u6578\u95dc\u5361\u8207\u5716\u8868\u95dc\u9375\u4f4d\uff09\uff0c\u53ef\u80fd\u4fc3\u4f7f\u8ce3\u65b9\u5728\u77ed\u671f\u5167\u63a8\u52d5\u66f4\u6df1\u56de\u6a94\u3002\n\n\u7136\u800c\uff0c\u6ce2\u65af\u7063\u885d\u7a81\u5347\u7d1a\u5e36\u4f86\u9ad8\u5ea6\u4e0d\u78ba\u5b9a\u6027\uff0c\u4f7f\u5f97\u76f4\u63a5\u505a\u7a7a\uff08\u62bc\u6ce8\u4e0b\u8dcc\uff09\u98a8\u96aa\u4e0a\u5347\u3002\u5e03\u862d\u7279\u539f\u6cb9\u671f\u8ca8\uff08Brent crude futures\uff0c\u62bc\u6ce8\u672a\u4f86\u539f\u6cb9\u50f9\u683c\u7684\u5408\u7d04\uff09\u672c\u9031\u5df2\u885d\u7834\u6bcf\u6876 130 \u7f8e\u5143\uff0c\u70ba 2025 \u5e74\u672b\u4f9b\u61c9\u885d\u64ca\u4ee5\u4f86\u6700\u9ad8\uff0c\u986f\u793a\u5e02\u5834\u56b4\u8085\u770b\u5f85\u885d\u7a81\u64f4\u5927\u7684\u98a8\u96aa\u3002\u5728\u6b64\u74b0\u5883\u4e0b\uff0c\u53ef\u8003\u616e\u8cb7\u5165\u4fbf\u5b9c\u7684\u6df1\u5ea6\u50f9\u5916\u8cb7\u6b0a\uff08out-of-the-money call option\uff0c\u5c65\u7d04\u50f9\u9ad8\u65bc\u73fe\u50f9\u3001\u6210\u672c\u8f03\u4f4e\u4f46\u9700\u8981\u5927\u6f32\u624d\u66f4\u53ef\u80fd\u7372\u5229\uff09\u4f5c\u70ba\u907f\u96aa\uff0c\u4ee5\u9632\u60c5\u52e2\u60e1\u5316\u5f15\u767c\u907f\u96aa\u8cb7\u76e4\u6025\u6f32\u3002\n\n\u8ca8\u5e63\u653f\u7b56\u8207\u5730\u7de3\u653f\u6cbb\u5169\u80a1\u529b\u91cf\u4e92\u76f8\u62c9\u626f\uff0c\u63a8\u5347\u6ce2\u52d5\uff0c\u4ea6\u53ef\u80fd\u5f62\u6210\u6a5f\u6703\u3002Cboe \u9ec3\u91d1\u6ce2\u52d5\u7387\u6307\u6578\uff08GVZ\uff0c\u53cd\u6620\u5e02\u5834\u5c0d\u9ec3\u91d1\u672a\u4f86\u6ce2\u52d5\u9810\u671f\u7684\u6307\u6a19\uff09\u5df2\u8df3\u5347\u81f3 30 \u4ee5\u4e0a\uff0c\u9019\u662f\u4e00\u500b\u81ea 2025 \u5e74\u6625\u5b63\u9280\u884c\u98a8\u6ce2\u5f8c\u5c11\u898b\u7684\u6c34\u6e96\u3002\u82e5\u4ea4\u6613\u8005\u9810\u671f\u884c\u60c5\u5c07\u5927\u5e45\u6ce2\u52d5\u4f46\u4e0d\u78ba\u5b9a\u65b9\u5411\uff0c\u53ef\u8003\u616e\u300c\u8cb7\u8de8\u5f0f\u300d\uff08long straddle\uff0c\u540c\u5c65\u7d04\u50f9\u540c\u5230\u671f\u65e5\u540c\u6642\u8cb7\u9032\u8cb7\u6b0a\u8207\u8ce3\u6b0a\uff09\u6216\u300c\u8cb7\u52d2\u5f0f\u300d\uff08long strangle\uff0c\u4e0d\u540c\u5c65\u7d04\u50f9\u540c\u5230\u671f\u65e5\u540c\u6642\u8cb7\u9032\u8cb7\u6b0a\u8207\u8ce3\u6b0a\uff0c\u6210\u672c\u901a\u5e38\u8f03\u4f4e\u4f46\u9700\u8981\u66f4\u5927\u6ce2\u52d5\uff09\u7b56\u7565\uff0c\u4ee5\u5f9e\u6ce2\u52d5\u52a0\u5927\u4e2d\u7372\u5229\u3002\n<p>\n\n<p><strong>\u7acb\u5373\u958b\u59cb\u4ea4\u6613 &#8211; \u9ede\u64ca<a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">\u9019\u88e1<\/a>\u5275\u5efa\u60a8\u7684 VT Markets \u771f\u5be6\u8cec\u6236 <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\u9ec3\u91d1\u8dcc\u7834\u95dc\u9375\u652f\u6490\u3001\u89f8\u53ca4,700\u5275\u4f4e\uff01\u7f8e\u5143\u8d70\u5f37\u8207Fed\u504f\u9df9\u3001PPI\u5347\u6eab\u58d3\u6291\u91d1\u50f9\uff1b\u6ce2\u65af\u7063\u885d\u7a81\u63a8\u5347\u6ce2\u52d5\uff0c\u671f\u6b0a\u7b56\u7565\u5b9c\u9632\u5b88\u4e26\u62bc\u6ce8\u66f4\u5927\u884c\u60c5\u3002<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-40488","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\/40488","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\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/comments?post=40488"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/40488\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=40488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=40488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=40488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}