{"id":46756,"date":"2026-05-05T22:15:40","date_gmt":"2026-05-05T22:15:40","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/46756\/"},"modified":"2026-05-05T22:15:40","modified_gmt":"2026-05-05T22:15:40","slug":"%e8%b1%90%e6%a5%ad%e9%8a%80%e8%a1%8c%e7%ad%96%e7%95%a5%e5%b8%ab%e7%a8%b1%e6%ad%90%e5%85%83%e5%85%8c%e7%be%8e%e5%85%83%e7%b6%ad%e6%8c%81%e5%b9%b3%e7%a9%a9%ef%bc%8c%e9%80%9a%e8%84%b9%e6%86%82%e6%85%ae","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/46756\/","title":{"rendered":"\u8c50\u696d\u9280\u884c\u7b56\u7565\u5e2b\u7a31\u6b50\u5143\u514c\u7f8e\u5143\u7dad\u6301\u5e73\u7a69\uff0c\u901a\u8139\u6182\u616e\u53ca\u6b50\u6d32\u592e\u884c\u504f\u9df9\u7acb\u5834\u4e0b\u6b50\u5143\uff0f\u7f8e\u5143\u5340\u9593\u4e0a\u843d"},"content":{"rendered":"<p>\u6b50\u5143\u5468\u4e8c\u514c\u7f8e\u5143\u6301\u5e73\uff0cEUR\/USD \u7dad\u6301\u5340\u9593\u4e0a\u843d\uff08\u5373\u5728\u4e00\u5b9a\u50f9\u4f4d\u7bc4\u570d\u5167\u53cd\u8986\u6ce2\u52d5\uff09\uff0c\u6574\u9ad4\u5e02\u5834\u8d70\u52e2\u597d\u6de1\u4e0d\u4e00\u3002\u6b64\u524d\u5169\u500b\u6708\uff0c\u5e02\u5834\u60c5\u7dd2\u5728\u300c\u8ffd\u9010\u98a8\u96aa\u300d\uff08risk-on\uff0c\u8cc7\u91d1\u504f\u597d\u9ad8\u98a8\u96aa\u8cc7\u7522\uff09\u8207\u300c\u907f\u96aa\u300d\uff08risk-off\uff0c\u8cc7\u91d1\u8f49\u5411\u8f03\u5b89\u5168\u8cc7\u7522\uff09\u4e4b\u9593\u53cd\u8986\u5207\u63db\uff0c\u7d93\u5e38\u4e3b\u5c0e\u532f\u50f9\u3002<\/p>\n<p>\u7576\u65e5\u6c92\u6709\u65b0\u7684\u7d93\u6fdf\u6578\u64da\u516c\u5e03\u3002\u6b50\u6d32\u592e\u884c\uff08ECB\uff09\u5b98\u54e1\u8a00\u8ad6\u4ecd\u504f\u5411\u300c\u9df9\u6d3e\u300d\uff08hawkish\uff0c\u5373\u50be\u5411\u52a0\u606f\u53ca\u6536\u7dca\u8ca8\u5e63\u653f\u7b56\u4ee5\u58d3\u6291\u901a\u8139\uff09\uff0c\u4e26\u628a\u6230\u4e8b\u6301\u7e8c\u6642\u9593\u8207\u9700\u8981\u6536\u7dca\u591a\u5c11\u653f\u7b56\u639b\u920e\uff0c\u4ee5\u61c9\u5c0d\u901a\u8139\u3002\u5e02\u5834\u5b9a\u50f9\uff08\u5373\u7531\u5229\u7387\u671f\u8ca8\/\u6389\u671f\u53cd\u6620\u7684\u9810\u671f\uff09\u986f\u793a\uff1a\u52306\u6708\u524d\u52a0\u606f\u5e45\u5ea6\u4e0d\u8db3\u4e00\u6b210.25\u5398\uff0825\u500b\u57fa\u9ede\uff1b\u57fa\u9edebp=0.01\u500b\u767e\u5206\u9ede\uff09\uff0c\u523012\u6708\u7d2f\u8a08\u52a0\u606f\u8d85\u904e0.75\u5398\uff0875\u500b\u57fa\u9ede\uff09\u3002<\/p>\n<h3>\u6b50\u5143\u514c\u7f8e\u5143\u5340\u9593\u4ea4\u6613<\/h3>\n<p>\u7f8e\u6b50\u50b5\u606f\u5dee\uff08yield spreads\uff0c\u5373\u5169\u5730\u50b5\u5238\u6536\u76ca\u7387\u4e4b\u5dee\uff0c\u5e38\u7528\u4f86\u8861\u91cf\u8cc7\u91d1\u504f\u597d\u53ca\u5229\u5dee\u5438\u5f15\u529b\uff09\u56de\u5230\u8fd1\u671f\u5340\u9593\u4e2d\u9593\u4f4d\u7f6e\uff0c\u60c5\u7dd2\u6307\u6a19\u986f\u793a\u5c0d\u6b50\u5143\u7684\u652f\u6301\u7565\u70ba\u6e1b\u5f31\u3002\u671f\u6b0a\u5e02\u5834\u4ea6\u986f\u793a\uff0c\u4e0b\u884c\u4fdd\u8b77\u6210\u672c\uff08premium\uff0c\u5373\u8cb7\u4fdd\u96aa\u5f0f\u5c0d\u6c96\u6240\u4ed8\u6ea2\u50f9\uff09\u8f15\u5fae\u56de\u5347\uff0c\u53cd\u6620\u5e02\u5834\u5c0d\u6b50\u5143\u4e0b\u8dcc\u98a8\u96aa\u7684\u9632\u5b88\u9700\u6c42\u7565\u589e\u3002<\/p>\n<p>\u6280\u8853\u9762\u65b9\u9762\uff0c\u4e0a\u5468\u77ed\u66ab\u5347\u7a7f1.1750\u5f8c\uff0c\u532f\u50f9\u56de\u5fa9\u4e2d\u6027\u3002\u76f8\u5c0d\u5f37\u5f31\u6307\u6578\uff08RSI\uff0c\u4e00\u500b\u8861\u91cf\u8cb7\u8ce3\u529b\u5ea6\u7684\u52d5\u80fd\u6307\u6a19\uff1b50\u9644\u8fd1\u901a\u5e38\u4ee3\u8868\u4e2d\u6027\uff09\u56de\u523050\u3002200\u65e5\u79fb\u52d5\u5e73\u5747\u7dda\uff08200-day moving average\uff0c\u7528\u904e\u53bb200\u500b\u4ea4\u6613\u65e5\u5e73\u5747\u50f9\u8a08\u7b97\u7684\u8da8\u52e2\u53c3\u8003\u7dda\uff09\u4f4d\u65bc1.1677\uff0c\u4ecd\u662f\u91cd\u8981\u6536\u5e02\u652f\u6301\u4f4d\u3002<\/p>\n<p>\u76ee\u524d\u5e02\u6cc1\u82072025\u5e74\u60c5\u6cc1\u76f8\u8fd1\uff0cEUR\/USD \u88ab\u56f0\u5728\u72f9\u7a84\u5340\u9593\u3002\u6b50\u6d32\u592e\u884c\u518d\u6b21\u5f37\u786c\u8ac7\u901a\u8139\uff0c\u800c\u901a\u8139\u9ecf\u6027\u504f\u9ad8\uff08sticky\uff0c\u5373\u9ad8\u901a\u8139\u4e0d\u6613\u56de\u843d\uff09\uff0c\u6309\u6b50\u76df\u7d71\u8a08\u5c40\uff08Eurostat\uff09\u6700\u65b0\u300c\u5feb\u901f\u4f30\u7b97\u300d\uff08flash estimate\uff0c\u5373\u521d\u6b65\u4f30\u503c\uff09\u986f\u793a\u70ba2.7%\u3002\u7d50\u679c\u662f\u532f\u50f9\u88ab\u300c\u9328\u5b9a\u300d\u5728\u5340\u9593\u5167\uff0c\u591a\u982d\u6216\u7a7a\u982d\u60c5\u7dd2\u90fd\u96e3\u4ee5\u9023\u7e8c\u4e3b\u5c0e\u591a\u65bc\u6578\u500b\u4ea4\u6613\u65e5\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u6b50\u5143\u514c\u7f8e\u5143\u66ab\u5b88\u5e73\u7a69\uff01\u8c50\u696d\u9280\u884c\u6307\u901a\u8139\u6182\u616e\u672a\u6563\u3001\u6b50\u6d32\u592e\u884c\u7e8c\u504f\u9df9\uff0c\u532f\u50f9\u6599\u7dad\u6301\u5340\u9593\u62c9\u92f8\uff0c\u77ed\u7dda\u4e0a\u843d\u5e02\u5f85\u7a81\u7834\u8a0a\u865f\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-46756","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\/46756","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=46756"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/46756\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=46756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=46756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=46756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}