{"id":48322,"date":"2026-03-04T11:01:51","date_gmt":"2026-03-04T11:01:51","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/39179\/"},"modified":"2026-03-04T11:01:51","modified_gmt":"2026-03-04T11:01:51","slug":"%e6%97%a9%e7%9b%a4%e6%ad%90%e6%b4%b2%e4%ba%a4%e6%98%93%e4%b8%ad%ef%bc%8c%e6%ad%90%e5%85%83-%e8%8b%b1%e9%8e%8a%e5%be%98%e5%be%8a%e5%9c%a8-0-8710-%e9%99%84%e8%bf%91%ef%bc%8c%e6%ad%90%e5%85%83%e5%8d%80","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/48322\/","title":{"rendered":"\u65e9\u76e4\u6b50\u6d32\u4ea4\u6613\u4e2d\uff0c\u6b50\u5143\/\u82f1\u938a\u5f98\u5f8a\u5728 0.8710 \u9644\u8fd1\uff0c\u6b50\u5143\u5340\u901a\u81a8\u8d70\u5f37\u63d0\u632f\u6b50\u5143\u76f8\u5c0d\u82f1\u938a\u8d70\u5347"},"content":{"rendered":"\u9031\u4e09\u6b50\u6d32\u65e9\u76e4\uff0cEUR\/GBP \u5728 0.8710 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\u8868\u793a\uff0c\u73fe\u5728\u5224\u65b7\u5176\u5c0d\u82f1\u570b\u901a\u81a8\u8207\u7d93\u6fdf\u6210\u9577\u7684\u5f71\u97ff\u4ecd\u592a\u65e9\uff0c\u592e\u884c\u6b63\u6301\u7e8c\u95dc\u6ce8\u60c5\u52e2\u3002\n\n\u5f6d\u535a\uff08Bloomberg\uff09\u8cc7\u6599\u986f\u793a\uff0c\u5e02\u5834\u63a8\u7b97\u82f1\u683c\u862d\u9280\u884c\u672c\u6708\u7a0d\u5f8c\u964d\u606f\u7684\u6a5f\u7387\uff0c\u5df2\u5f9e\u4e0a\u9031\u7d04 80% \u964d\u81f3\u76ee\u524d\u4e0d\u5230 20%\u3002\n\n\u6211\u5011\u770b\u5230\u8ca8\u5e63\u653f\u7b56\u9810\u671f\u660e\u986f\u8f49\u8b8a\uff0c\u95dc\u9375\u662f 2 \u6708\u6b50\u5143\u5340\u901a\u81a8\u9ad8\u65bc\u9810\u671f\u3002\u4e0a\u9031\u5fb7\u570b\u300c\u521d\u6b65 CPI\u300d\uff08Consumer Price Index\uff0c\u6d88\u8cbb\u8005\u7269\u50f9\u6307\u6578\uff1b\u521d\u6b65\u503c\u4ee3\u8868\u5148\u884c\u516c\u5e03\u7684\u4f30\u7b97\uff092.1% \u5df2\u900f\u9732\u7aef\u502a\uff0c\u4f46\u5168\u6b50\u5143\u5340\u6838\u5fc3\u901a\u81a8 2.4% 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options\uff0c\u50f9\u683c\u4e0a\u6f32\u6642\u7372\u5229\u7684\u9078\u64c7\u6b0a\uff09\u53ef\u7528\u8f03\u660e\u78ba\u7684\u98a8\u96aa\u53bb\u638c\u63e1\u4e0a\u884c\u6a5f\u6703\uff0c\u4f8b\u5982\u9078\u4e09\u500b\u6708\u5230\u671f\u3001\u5c65\u7d04\u50f9\uff08strike price\uff0c\u7d04\u5b9a\u8cb7\u5165\u532f\u50f9\uff09\u5728 0.8800 \u9644\u8fd1\u7684\u90e8\u4f4d\u3002\u300c\u4e00\u500b\u6708\u96b1\u542b\u6ce2\u52d5\u7387\u300d\uff08one-month implied volatility\uff0c\u7531\u9078\u64c7\u6b0a\u50f9\u683c\u53cd\u63a8\u5e02\u5834\u9810\u671f\u7684\u6ce2\u52d5\u7a0b\u5ea6\uff09\u5df2\u5347\u81f3 7.2%\uff0c\u4ee3\u8868\u9078\u64c7\u6b0a\u6210\u672c\u53ef\u80fd\u8d70\u9ad8\u3002\n\n\u82f1\u683c\u862d\u9280\u884c\u5247\u69cb\u6210\u4ea4\u6613\u7684\u53e6\u4e00\u7aef\u3002\u96d6\u7136\u5e02\u5834\u5df2\u5927\u5e45\u53d6\u6d88\u672c\u6708\u964d\u606f\u62bc\u6ce8\uff0c\u4f46\u76ee\u524d\u4e5f\u5e7e\u4e4e\u6c92\u6709\u5347\u606f\u9810\u671f\uff0c\u8207 ECB \u5f62\u6210\u653f\u7b56\u5dee\u7570\u3002\u9019\u9ede\u53ef\u5f9e\u904e\u53bb\u4e00\u9031\u82f1\u570b\u300c\u516c\u50b5\u6b96\u5229\u7387\u300d\uff08Gilt yields\uff0c\u82f1\u570b\u653f\u5e9c\u516c\u50b5\u7684\u5229\u7387\uff09\u4e0a\u5347\u5e45\u5ea6\uff0c\u5c0f\u65bc\u5fb7\u570b\u300c\u516c\u50b5\u6b96\u5229\u7387\u300d\uff08Bund yields\uff0c\u5fb7\u570b\u653f\u5e9c\u516c\u50b5\u5229\u7387\uff09\u770b\u51fa\u4f86\u3002\n\n\u9019\u4e00\u5207\u4e3b\u8981\u7531\u80fd\u6e90\u6210\u672c\u4e0a\u5347\u5e36\u52d5\uff0c\u300c\u5e03\u862d\u7279\u539f\u6cb9\u300d\uff08Brent crude\uff0c\u5168\u7403\u91cd\u8981\u7684\u539f\u6cb9\u50f9\u683c\u57fa\u6e96\uff09\u7a81\u7834\u6bcf\u6876 95 \u7f8e\u5143\uff0c\u9019\u500b\u6c34\u6e96\u81ea 2024 \u5e74\u5e95\u4ee5\u4f86\u4e26\u4e0d\u5e38\u898b\u3002\u9019\u8b93\u4eba\u60f3\u8d77 2022 \u5e74\u7684\u80fd\u6e90\u885d\u64ca\uff0c\u7576\u6642\u592e\u884c\u5373\u4f7f\u64d4\u5fc3\u7d93\u6fdf\u653e\u7de9\uff0c\u4ecd\u88ab\u8feb\u5927\u5e45\u5347\u606f\u3002\u6211\u5011\u8a8d\u70ba\u9019\u6b21\u6c7a\u7b56\u8005\u4e0d\u592a\u53ef\u80fd\u5bb9\u8a31\u7269\u50f9\u58d3\u529b\u64f4\u5927\uff0c\u56e0\u6b64 ECB \u8f49\u5411\u66f4\u504f\u7dca\u7e2e\uff08hawkish\uff0c\u504f\u5411\u5347\u606f\u6216\u7dad\u6301\u9ad8\u5229\u7387\u4ee5\u58d3\u901a\u81a8\uff09\u7684\u6a5f\u7387\u63d0\u9ad8\u3002\n\n\u5e02\u5834\u7126\u9ede\u5c07\u8f49\u5411\u672c\u9031\u56db\u7684\u6b50\u5143\u5340\u96f6\u552e\u92b7\u552e\u3002\u82e5\u6578\u64da\u5f37\u65bc\u9810\u671f\uff0c\u4ee3\u8868\u5373\u4f7f\u80fd\u6e90\u6210\u672c\u4e0a\u5347\uff0c\u6d88\u8cbb\u9700\u6c42\u4ecd\u6709\u652f\u6490\uff0c\u5c07\u8b93 ECB \u66f4\u6709\u7406\u7531\u8003\u616e\u9032\u4e00\u6b65\u6536\u7dca\u653f\u7b56\uff0c\u4e26\u53ef\u80fd\u63a8\u52d5 EUR\/GBP 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