{"id":46764,"date":"2026-05-06T00:44:28","date_gmt":"2026-05-06T00:44:28","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/46764\/"},"modified":"2026-05-06T00:44:28","modified_gmt":"2026-05-06T00:44:28","slug":"%e8%8f%af%e5%83%91%e9%8a%80%e8%a1%8c%e7%ad%96%e7%95%a5%e5%b8%ab%e6%8c%87%e5%87%ba%ef%bc%8c%e4%b8%ad%e6%9d%b1%e7%b7%8a%e5%bc%b5%e5%b1%80%e5%8b%a2%e5%bc%95%e7%99%bc%e6%b2%b9%e5%83%b9%e4%b8%8a%e5%8d%87","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/46764\/","title":{"rendered":"\u83ef\u50d1\u9280\u884c\u7b56\u7565\u5e2b\u6307\u51fa\uff0c\u4e2d\u6771\u7dca\u5f35\u5c40\u52e2\u5f15\u767c\u6cb9\u50f9\u4e0a\u5347\u4ee4\u5e02\u5834\u53d7\u64fe\uff0c\u4e9e\u6d32\u8ca8\u5e63\u8d70\u5f31"},"content":{"rendered":"

\u4e9e\u6d32\u8ca8\u5e63\u8f49\u5f31\uff0c\u539f\u56e0\u662f\u4e2d\u6771\u7dca\u5f35\u5c40\u52e2\u518d\u8d77\u63a8\u9ad8\u6cb9\u50f9\uff0c\u5e02\u5834\u4ea6\u6182\u616e\u970d\u723e\u6728\u8332\u6d77\u5cfd\uff08Strait of Hormuz\uff0c\u5168\u7403\u91cd\u8981\u77f3\u6cb9\u904b\u8f38\u901a\u9053\uff09\u5b89\u5168\u3002\u5831\u9053\u5f15\u8ff0\u4f0a\u6717\u4ee5\u5c0e\u5f48\u53ca\u7121\u4eba\u6a5f\uff08drone\uff0c\u9059\u8ddd\u64cd\u63a7\u98db\u884c\u5668\uff09\u8972\u64ca\u963f\u806f\u914b\uff08UAE\uff09\uff0c\u4ee5\u53ca\u6d77\u5cfd\u9644\u8fd1\u767c\u751f\u4e8b\u4ef6\uff0c\u4ee4\u5e02\u5834\u8cea\u7591\u505c\u706b\u5b89\u6392\u80fd\u5426\u7dad\u6301\u3002<\/p>\n

\u6cb9\u50f9\u4e0a\u5347\u6703\u63a8\u9ad8\u80fd\u6e90\u9032\u53e3\u6210\u672c\uff0c\u589e\u52a0\u5340\u5167\u901a\u8139\uff08inflation\uff0c\u6574\u9ad4\u7269\u50f9\u4e0a\u5347\uff09\u98a8\u96aa\u3002\u540c\u6642\uff0c\u7f8e\u5143\u8d70\u5f37\u3001\u7f8e\u570b\u570b\u50b5\u5b73\u606f\u7387\uff08US Treasury yields\uff0c\u653f\u5e9c\u50b5\u5238\u5229\u7387\uff09\u4e0a\u5347\uff0c\u4ee5\u53ca\u907f\u96aa\u60c5\u7dd2\uff08risk appetite\uff0c\u6295\u8cc7\u8005\u9858\u610f\u627f\u64d4\u98a8\u96aa\u7684\u7a0b\u5ea6\uff09\u8f49\u5f31\uff0c\u4ea6\u6703\u4ee4\u4e9e\u6d32\u532f\u7387\u53d7\u58d3\u3002<\/p>\n

Oil Shock And Asian Fx Pressure<\/h3>\n

\u83f2\u5f8b\u8cd3\u62ab\u7d22\uff08PHP\uff09\u3001\u5370\u5ea6\u76e7\u6bd4\uff08INR\uff09\u53ca\u6cf0\u9296\uff08THB\uff09\u5c0d\u6cb9\u50f9\u8b8a\u52d5\u8f03\u654f\u611f\uff0c\u56e0\u6b64\u66f4\u6613\u53d7\u885d\u64ca\u3002\u65b0\u52a0\u5761\u5143\uff08SGD\uff09\u76f8\u5c0d\u540c\u696d\u8f03\u70ba\u6297\u8dcc\uff0c\u4f46\u4ecd\u6703\u53d7\u6cb9\u50f9\u518d\u5347\u53ca\u7f8e\u5143\u8d70\u5f37\u62d6\u7d2f\u3002<\/p>\n

\u5831\u544a\u6307\u51fa\uff0c4\u6708\u4e0b\u65ec\u81f35\u6708\u4e0a\u65ec\u4e9e\u6d32\u5916\u532f\uff08FX\uff0c\u5916\u532f\u5e02\u5834\u53ca\u532f\u7387\uff09\u66fe\u77ed\u66ab\u6539\u5584\uff0c\u4f46\u5f88\u5feb\u56de\u5410\u3002<\/p>\n

\u76ee\u524d\u6700\u95dc\u9375\u662f\u6cb9\u50f9\u6025\u5347\uff1b\u5e03\u862d\u7279\u539f\u6cb9\uff08Brent crude\uff0c\u570b\u969b\u57fa\u6e96\u6cb9\u50f9\u4e4b\u4e00\uff09\u672c\u5468\u5347\u7a7f\u6bcf\u687698\u7f8e\u5143\u3002\u5e02\u5834\u6307\u5347\u52e2\u6e90\u65bc\u970d\u723e\u6728\u8332\u6d77\u5cfd\u9644\u8fd1\u885d\u7a81\u518d\u5ea6\u5347\u6eab\u3002\u5e02\u5834\u60c5\u7dd2\u7dca\u5f35\uff0c\u77ed\u671f\u4ea4\u6613\u7126\u9ede\u88ab\u6cb9\u50f9\u9707\u76ea\u4e3b\u5c0e\u3002<\/p>\n

\u5c0d\u9ad8\u5ea6\u4f9d\u8cf4\u80fd\u6e90\u9032\u53e3\u7684\u4e9e\u6d32\u7d93\u6fdf\u9ad4\u800c\u8a00\uff0c\u74b0\u5883\u504f\u8ca0\u9762\uff1a\u7f8e\u5143\u504f\u5f37\u3001\u8cc7\u91d1\u98a8\u96aa\u53d6\u5411\u4e0b\u964d\uff0c\u5340\u5167\u5c0d\u901a\u8139\u7684\u6182\u616e\u5347\u6eab\u3002\u4ee5\u5370\u5ea6\u70ba\u4f8b\uff0c\u4e0a\u6b21\u901a\u8139\u8b80\u6578\u70ba4.8%\uff0c\u82e5\u80fd\u6e90\u50f9\u683c\u7e8c\u5347\uff0c\u901a\u8139\u6216\u56de\u5347\u81f3\u63a5\u8fd16%\uff0c\u4ee4\u592e\u884c\u66f4\u96e3\u7dad\u6301\u5bec\u9b06\u53d6\u5411\u3002<\/p>\n

Trade Focus And Risk Positioning<\/h3>\n

\u5728\u4e0a\u8ff0\u58d3\u529b\u4e0b\uff0c\u53ef\u7559\u610f\u5c0d\u6cb9\u50f9\u66f4\u654f\u611f\u7684\u8ca8\u5e63\uff0c\u4f8b\u5982\u83f2\u5f8b\u8cd3\u62ab\u7d22\u3001\u5370\u5ea6\u76e7\u6bd4\u548c\u6cf0\u9296\u3002\u7f8e\u5143\u514c\u62ab\u7d22\uff08USD\/PHP\uff0c\u7f8e\u5143\u5c0d\u62ab\u7d22\u532f\u7387\uff09\u5df2\u6e2c\u8a6659.00\u6c34\u5e73\uff1b\u5982\u9810\u671f\u76f8\u95dc\u8ca8\u5e63\u518d\u8d70\u5f31\uff0c\u53ef\u8003\u616e\u4ee5\u671f\u6b0a\uff08options\uff0c\u4e00\u7a2e\u5408\u7d04\uff0c\u8ce6\u4e88\u5728\u6307\u5b9a\u6642\u9593\u5167\u4ee5\u6307\u5b9a\u50f9\u683c\u8cb7\u5165\u6216\u8ce3\u51fa\u8cc7\u7522\u7684\u6b0a\u5229\uff09\u90e8\u7f72\uff0c\u4f8b\u5982\u8cb7\u5165\u7f8e\u5143\u514c\u76e7\u6bd4\u770b\u6f32\u671f\u6b0a\uff08call options\uff0c\u50f9\u683c\u4e0a\u5347\u6642\u66f4\u6709\u5229\u7684\u671f\u6b0a\uff09\u3002\u53ea\u8981\u6cb9\u50f9\u7dad\u6301\u9ad8\u4f4d\uff0c\u76f8\u95dc\u8ca8\u5e63\u6216\u7e8c\u53d7\u58d3\u3002<\/p>\n

\u76f8\u53cd\uff0c\u65b0\u52a0\u5761\u5143\u8868\u73fe\u8f03\u7a69\uff0c\u7f8e\u5143\u514c\u65b0\u52a0\u5761\u5143\uff08USD\/SGD\uff09\u5927\u81f4\u7dad\u6301\u57281.355\u9644\u8fd1\u3002\u5176\u57fa\u672c\u56e0\u7d20\uff08fundamentals\uff0c\u4f8b\u5982\u7d93\u6fdf\u589e\u9577\u3001\u901a\u8139\u53ca\u5916\u90e8\u6536\u652f\u7b49\uff09\u8f03\u5f37\uff0c\u53ef\u4f5c\u5340\u5167\u8d70\u5f31\u6642\u7684\u5c0d\u6c96\uff08hedge\uff0c\u7528\u4f86\u964d\u4f4e\u98a8\u96aa\u7684\u914d\u7f6e\uff09\u3002\u56e0\u6b64\uff0c\u65b0\u52a0\u5761\u5143\u672a\u5fc5\u9069\u5408\u4f5c\u70ba\u4e3b\u8981\u6cbd\u7a7a\uff08short\uff0c\u62bc\u6ce8\u4e0b\u8dcc\uff09\u5c0d\u8c61\uff0c\u4f46\u53ef\u4f5c\u70ba\u5340\u5167\u8868\u73fe\u7684\u53c3\u8003\u6307\u6a19\u3002<\/p>\n

\u662f\u6b21\u6025\u5347\u4ea6\u4ee4\u5e02\u5834\u806f\u60f32024\u5e74\u5e95\u7684\u6ce2\u52d5\uff0c\u672a\u4f86\u6578\u5468\u5916\u532f\u671f\u6b0a\u7684\u96b1\u542b\u6ce2\u5e45\uff08implied volatility\uff0c\u5e02\u5834\u7531\u671f\u6b0a\u50f9\u683c\u63a8\u7b97\u7684\u9810\u671f\u6ce2\u52d5\uff09\u6216\u4e0a\u5347\u3002\u5b9c\u7559\u610f\u671f\u6b0a\u5b9a\u50f9\uff0c\u82e5\u532f\u7387\u6ce2\u52d5\u6301\u7e8c\uff0c\u76f8\u95dc\u90e8\u7f72\u6216\u6709\u5229\u53ef\u5716\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u4e2d\u6771\u5c40\u52e2\u5347\u6eab\u63a8\u9ad8\u6cb9\u50f9\uff0c\u5e02\u5834\u907f\u96aa\u60c5\u7dd2\u6025\u589e\u3002\u83ef\u50d1\u9280\u884c\u7b56\u7565\u5e2b\u8b66\u544a\uff0c\u98a8\u96aa\u8cc7\u7522\u53d7\u58d3\uff0c\u4e9e\u6d32\u8ca8\u5e63\u666e\u904d\u8f49\u5f31\uff0c\u8cc7\u91d1\u6d41\u5411\u7f8e\u5143\u907f\u9707\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-46764","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\/46764","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=46764"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/46764\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=46764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=46764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=46764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}