{"id":46735,"date":"2026-05-05T16:47:59","date_gmt":"2026-05-05T16:47:59","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/46735\/"},"modified":"2026-05-05T16:47:59","modified_gmt":"2026-05-05T16:47:59","slug":"%e7%b4%90%e7%b4%84%e6%a2%85%e9%9a%86%e9%8a%80%e8%a1%8c%ef%bc%88bny%ef%bc%89bob-savage%ef%bc%9a%e9%9c%8d%e7%88%be%e6%9c%a8%e8%8c%b2%e8%88%aa%e9%81%8b%e5%8f%8d%e6%98%a0%e8%83%bd%e6%ba%90%e9%a2%a8","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/46735\/","title":{"rendered":"\u7d10\u7d04\u6885\u9686\u9280\u884c\uff08BNY\uff09Bob Savage\uff1a\u970d\u723e\u6728\u8332\u822a\u904b\u53cd\u6620\u80fd\u6e90\u98a8\u96aa\uff0c\u505c\u706b\u5b58\u7591\u53ca\u7f8e\u570b\u653f\u7b56\u6216\u6709\u8b8a\u52d5\u4ee4\u6cb9\u50f9\u4e0d\u5b89"},"content":{"rendered":"

\u5e02\u5834\u7126\u9ede\u4ecd\u653e\u5728\u970d\u723e\u6728\u8332\u6d77\u5cfd\u7684\u8239\u8236\u901a\u884c\u60c5\u6cc1\uff0c\u4f5c\u70ba\u8861\u91cf\u539f\u6cb9\u4f9b\u61c9\u98a8\u96aa\u7684\u6307\u6a19\u3002\u4f0a\u6717\u8207\u7f8e\u570b\u66fe\u4e92\u76f8\u958b\u706b\u3001\u963f\u806f\u914b\u4ea6\u906d\u5c0e\u5f48\u8972\u64ca\uff0c\u4ee4\u505c\u706b\u524d\u666f\u4e0d\u660e\uff0c\u6cb9\u50f9\u6ce2\u5e45\u7dad\u6301\u9ad8\u4f01\uff1b\u4e0d\u904e\u4eca\u65e5\u672a\u898b\u9032\u4e00\u6b65\u5347\u7d1a\u6d88\u606f\u3002<\/p>\n

\u5728\u7f8e\u570b\u65b9\u9762\uff0c\u53c3\u8b70\u9662\u5171\u548c\u9ee8\u6b63\u8349\u64ec\u4e00\u4efd\u300c\u8ecd\u4e8b\u6388\u6b0a\u300d\uff08\u5373\u570b\u6703\u51c6\u8a31\u653f\u5e9c\u52d5\u7528\u6b66\u529b\u7684\u6587\u4ef6\uff09\uff0c\u4e00\u65e6\u885d\u7a81\u518d\u8d77\uff0c\u53ef\u80fd\u5bb9\u8a31\u518d\u6b21\u5c0d\u4f0a\u6717\u63a1\u53d6\u6253\u64ca\u884c\u52d5\u3002\u6839\u64da\u300a\u6230\u722d\u6b0a\u529b\u6cd5\u300b\uff08\u9650\u5236\u7e3d\u7d71\u5728\u672a\u7372\u570b\u6703\u652f\u6301\u4e0b\u9577\u671f\u7528\u5175\u7684\u6cd5\u5f8b\uff09\uff0c\u5982\u885d\u7a81\u91cd\u71c3\uff0c\u8a72\u63d0\u6848\u53ef\u5728\u999630\u65e5\u5167\u7372\u53c3\u8b70\u9662\u52a0\u5feb\u5be9\u8b70\u3002<\/p>\n

Strait Of Hormuz Supply Signals<\/h3>\n

\u8349\u6848\u9810\u6599\u6703\u9650\u5236\u6d3e\u9063\u5730\u9762\u90e8\u968a\uff0c\u4e26\u70ba\u4efb\u4f55\u884c\u52d5\u8a2d\u5b9a\u56fa\u5b9a\u6642\u9650\u3002\u6b64\u8209\u7dca\u96a8\u7279\u6717\u666e\u8868\u793a\u885d\u7a81\u9996\u968e\u6bb5\u5df2\u7d50\u675f\uff0c\u4f46\u5e02\u5834\u5c0d\u970d\u723e\u6728\u8332\u6d77\u5cfd\u63a7\u5236\u6b0a\u7684\u7dca\u5f35\u518d\u5ea6\u5347\u6eab\u3002<\/p>\n

\u5118\u7ba1\u98a8\u96aa\u5b58\u5728\uff0c\u5e03\u862d\u7279\uff08Brent\uff0c\u5168\u7403\u4e3b\u8981\u539f\u6cb9\u57fa\u6e96\u4e4b\u4e00\u3001\u7528\u65bc\u5b9a\u50f9\u591a\u6578\u570b\u969b\u539f\u6cb9\uff09\u8207WTI\uff08\u897f\u5fb7\u5dde\u4e2d\u8cea\u539f\u6cb9\uff0c\u7f8e\u570b\u4e3b\u8981\u539f\u6cb9\u57fa\u6e96\uff09\u4ecd\u5728\u4e0b\u8dcc\uff1b\u963f\u66fc\uff08Oman\uff09\u53ca\u675c\u62dc\uff08Dubai\uff09\u539f\u6cb9\u57fa\u6e96\u50f9\u683c\u5247\u4e0a\u5347\u3002<\/p>\n

\u6211\u5011\u95dc\u6ce8\u4f9b\u61c9\u58d3\u529b\u662f\u5426\u6709\u7de9\u89e3\u8de1\u8c61\u3002\u53bb\u5e74\u5e02\u5834\u5e7e\u4e4e\u96c6\u4e2d\u8ffd\u8e64\u970d\u723e\u6728\u8332\u6d77\u5cfd\u7684\u904e\u8239\u91cf\u30022025\u5e74\u521d\u5c0d\u505c\u706b\u7684\u7591\u616e\u5c0e\u81f4\u7f8e\u4f0a\u4e92\u76f8\u958b\u706b\uff0c\u4ee4\u6ce2\u52d5\u52a0\u5287\uff0c\u81f3\u4eca\u4ecd\u672a\u5b8c\u5168\u6d88\u9000\u3002\u8a72\u6bb5\u6642\u9593\u53cd\u6620\uff0c\u4e00\u65e6\u9019\u689d\u95dc\u9375\u300c\u54bd\u5589\u8981\u9053\u300d\uff08chokepoint\uff1a\u904b\u8f38\u5fc5\u7d93\u7684\u72f9\u7a84\u901a\u9053\uff09\u53d7\u963b\uff0c\u5e02\u5834\u60c5\u7dd2\u6703\u5373\u6642\u53d7\u885d\u64ca\u3002<\/p>\n

\u672a\u4f86\u6578\u5468\uff0c\u4ea4\u6613\u54e1\u5b9c\u7dca\u76ef\u901a\u884c\u91cf\u3002\u901a\u884c\u91cf\u96d6\u5df2\u56de\u7a69\uff0c\u4f46\u4ecd\u504f\u8106\u5f31\u3002\u7f8e\u570b\u80fd\u6e90\u8cc7\u8a0a\u7f72\uff08EIA\uff0c\u7f8e\u570b\u5b98\u65b9\u80fd\u6e90\u6578\u64da\u6a5f\u69cb\uff09\u6700\u65b0\u8cc7\u6599\u986f\u793a\uff0c\u76ee\u524d\u7a7f\u8d8a\u6d77\u5cfd\u7684\u6cb9\u8f2a\u6d41\u91cf\u7d04\u6bcf\u65e51,900\u842c\u6876\uff0c\u4ecd\u4f4e\u65bc2025\u5e74\u524d\u8d85\u904e\u6bcf\u65e52,000\u842c\u6876\u7684\u5e73\u5747\u6c34\u5e73\u3002\u9019\u4ee3\u8868\u5e02\u5834\u4ecd\u672a\u5b8c\u5168\u6392\u9664\u5340\u5167\u4f9b\u61c9\u98a8\u96aa\u3002<\/p>\n

Key Market Signals To Watch<\/h3>\n

\u829d\u52a0\u54e5\u671f\u6b0a\u4ea4\u6613\u6240\u539f\u6cb9\u6ce2\u52d5\u7387\u6307\u6578\uff08CBOE OVX\uff1a\u4ee5\u539f\u6cb9\u671f\u6b0a\u50f9\u683c\u63a8\u7b97\u7684\u300c\u96b1\u542b\u6ce2\u5e45\u300d\u6307\u6a19\uff0c\u7528\u4f86\u8861\u91cf\u5e02\u5834\u5c0d\u672a\u4f86\u6ce2\u52d5\u7684\u9810\u671f\uff09\u73fe\u7d0435\u3002\u96d6\u8f03\u53bb\u5e74\u7dca\u5f35\u6642\u7684\u9ad8\u4f4d\u56de\u843d\uff0c\u4f46\u4ecd\u660e\u986f\u9ad8\u65bc\u9577\u671f\u7d0420\u51fa\u982d\u7684\u5e73\u5747\uff0c\u53cd\u6620\u5e02\u5834\u6050\u614c\u6e1b\u9000\uff0c\u4f46\u671f\u6b0a\u6210\u672c\u4ecd\u504f\u8cb4\uff1b\u5c0d\u90e8\u5206\u6295\u8cc7\u8005\u800c\u8a00\uff0c\u6216\u53ef\u8003\u616e\u4ee5\u300c\u6536\u53d6\u671f\u6b0a\u91d1\u300d\u70ba\u4e3b\u7684\u7b56\u7565\uff08premium-selling\uff1a\u8ce3\u51fa\u671f\u6b0a\u6536\u53d6\u6b0a\u5229\u91d1\uff09\u3002\u4f8b\u5982\u5728\u56de\u8abf\u6642\u8ce3\u51fa\u8a8d\u6cbd\u671f\u6b0a\uff08put\uff1a\u8cb7\u65b9\u5728\u5230\u671f\u524d\u4ee5\u6307\u5b9a\u50f9\u8ce3\u51fa\u7684\u6b0a\u5229\uff09\uff0c\u6216\u5728\u6301\u6709\u76f8\u95dc\u8cc7\u7522\u9577\u5009\u6642\u8ce3\u51fa\u5099\u514c\u8a8d\u8cfc\uff08covered call\uff1a\u6301\u8ca8\u540c\u6642\u8ce3\u51fa\u8a8d\u8cfc\u671f\u6b0a\uff0c\u4ee5\u6536\u53d6\u6b0a\u5229\u91d1\u3001\u63db\u53d6\u4e0a\u5347\u6536\u76ca\u53d7\u9650\uff09\u3002<\/p>\n

\u540c\u6642\u4ea6\u8981\u7559\u610f\u5e03\u862d\u7279\u8207\u675c\u62dc\u539f\u6cb9\u57fa\u6e96\u4e4b\u9593\u7684\u50f9\u5dee\uff08spread\uff1a\u5169\u7a2e\u50f9\u683c\u7684\u5dee\u8ddd\uff09\u30022025\u5e74\u885d\u7a81\u6182\u616e\u671f\u9593\u8a72\u50f9\u5dee\u5927\u5e45\u64f4\u95ca\uff0c\u5176\u5f8c\u6536\u7a84\uff0c\u53cd\u6620\u4e2d\u6771\u7279\u5b9a\u98a8\u96aa\u7565\u70ba\u964d\u6eab\uff0c\u4f46\u4ecd\u672a\u56de\u5230\u6b77\u53f2\u5e38\u614b\uff1b\u82e5\u5916\u4ea4\u6e20\u9053\u6709\u9032\u5c55\uff0c\u62bc\u6ce8\u8a72\u50f9\u5dee\u9032\u4e00\u6b65\u6536\u7a84\u7684\u90e8\u7f72\uff0c\u6216\u6709\u5229\u53ef\u5716\u3002<\/p>\n

\u653f\u6cbb\u98a8\u96aa\u4ecd\u5c6c\u6700\u5927\u8b8a\u6578\uff0c\u5c24\u5176\u53c3\u8b70\u9662\u64ec\u8b70\u7684\u8ecd\u4e8b\u6388\u6b0a\u6846\u67b6\uff0c\u5f37\u8abf\u53ef\u52a0\u5feb\u63a8\u52d5\u884c\u52d5\u3002\u96d6\u7136\u8349\u6848\u7576\u6642\u672a\u6210\u6cd5\u5f8b\uff0c\u4f46\u5176\u5b58\u5728\u610f\u5473\u4e00\u65e6\u5c40\u52e2\u518d\u8d77\uff0c\u5347\u7d1a\u901f\u5ea6\u6216\u8f03\u4ee5\u5f80\u66f4\u5feb\u3002\u5e02\u5834\u9700\u7559\u610f\u83ef\u76db\u9813\u6216\u5fb7\u9ed1\u862d\u518d\u73fe\u5f37\u786c\u8a00\u8ad6\uff08hawkish rhetoric\uff1a\u50be\u5411\u63a1\u53d6\u5f37\u786c\u3001\u751a\u81f3\u52d5\u6b66\u7acb\u5834\u7684\u8868\u614b\uff09\uff0c\u9019\u5f80\u5f80\u662f\u6cb9\u50f9\u6025\u5287\u6ce2\u52d5\u7684\u4e3b\u8981\u89f8\u767c\u56e0\u7d20\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u7d10\u7d04\u6885\u9686\u9280\u884cBNY Bob Savage\u8b66\u544a\uff1a\u970d\u723e\u6728\u8332\u822a\u904b\u7dca\u5f35\u51f8\u986f\u80fd\u6e90\u4f9b\u61c9\u98a8\u96aa\uff1b\u505c\u706b\u6210\u7591\u3001\u7f8e\u570b\u653f\u7b56\u6216\u8f49\u5411\uff0c\u6cb9\u50f9\u6ce2\u52d5\u52a0\u5287\uff0c\u5e02\u5834\u795e\u7d93\u7e43\u7dca\uff0c\u6295\u8cc7\u8005\u5b9c\u5be9\u614e\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-46735","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\/46735","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=46735"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/46735\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=46735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=46735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=46735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}