{"id":48330,"date":"2026-03-04T11:59:13","date_gmt":"2026-03-04T11:59:13","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/39187\/"},"modified":"2026-03-04T11:59:13","modified_gmt":"2026-03-04T11:59:13","slug":"2%e6%9c%88%e7%be%a9%e5%a4%a7%e5%88%a9hcob%e6%9c%8d%e5%8b%99%e6%a5%adpmi%e8%b6%85%e5%87%ba%e9%a0%90%e6%9c%9f%ef%bc%8c%e9%81%94%e5%88%b052-3%ef%bc%8c%e9%ab%98%e6%96%bc%e9%a0%90%e4%bc%b0%e7%9a%8452","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/zh\/live-updates\/48330\/","title":{"rendered":"2\u6708\u7fa9\u5927\u5229HCOB\u670d\u52d9\u696dPMI\u8d85\u51fa\u9810\u671f\uff0c\u9054\u523052.3\uff0c\u9ad8\u65bc\u9810\u4f30\u768452"},"content":{"rendered":"\u7fa9\u5927\u5229\u7684 HCOB \u670d\u52d9\u696d PMI\uff08\u63a1\u8cfc\u7d93\u7406\u4eba\u6307\u6578\uff0c\u7528\u4f86\u8861\u91cf\u670d\u52d9\u696d\u666f\u6c23\uff1b\u9ad8\u65bc 50 \u4ee3\u8868\u64f4\u5f35\uff09\u5728 2 \u6708\u70ba 52.3\uff0c\u9ad8\u65bc\u9810\u6e2c\u7684 52\u3002\n\n\u6578\u503c\u9ad8\u65bc 50 \u4ee3\u8868\u670d\u52d9\u696d\u6d3b\u52d5\u6210\u9577\u30022 \u6708\u7684\u7d50\u679c\u4ecd\u9ad8\u65bc 50\u3002\n\n<h3>\u7fa9\u5927\u5229\u670d\u52d9\u696d\u52d5\u80fd<\/h3>\n\u7fa9\u5927\u5229\u670d\u52d9\u696d\u6bd4\u9810\u671f\u66f4\u5f37\uff0c2 \u6708 PMI \u70ba 52.3\uff08\u6211\u5011\u539f\u5148\u9810\u671f 52\uff09\u3002\u9019\u500b\u610f\u5916\u7684\u6b63\u9762\u7d50\u679c\u986f\u793a\uff0c\u570b\u5167\u7d93\u6fdf\u5728\u51ac\u5b63\u7d50\u675f\u5f8c\u4ecd\u6709\u4e0d\u932f\u7684\u5ef6\u7e8c\u529b\u3002\u9019\u4e5f\u547c\u61c9\u4fee\u6b63\u5f8c\u7684\u8cc7\u6599\uff1a\u7fa9\u5927\u5229 2025 \u5e74\u7b2c 4 \u5b63 GDP\uff08\u570b\u5167\u751f\u7522\u6bdb\u984d\uff0c\u4ee3\u8868\u6574\u9ad4\u7d93\u6fdf\u7522\u51fa\uff09\u6210\u9577 0.3%\uff0c\u7565\u512a\u65bc\u521d\u6b65\u4f30\u8a08\u3002\n\n\u9019\u8868\u793a\u77ed\u671f\u5167\u53ef\u504f\u591a\u770b\u5f85 FTSE MIB \u6307\u6578\uff08\u7fa9\u5927\u5229\u4e3b\u8981\u80a1\u50f9\u6307\u6578\uff09\u3002\u53ef\u8003\u616e\u8cb7\u9032 4 \u6708\u8cb7\u6b0a\uff08Call option\uff0c\u8cb7\u9032\u5f8c\u6709\u6b0a\u5229\u5728\u5230\u671f\u524d\/\u5230\u671f\u6642\u4ee5\u7279\u5b9a\u50f9\u683c\u8cb7\u5165\u7684\u9078\u64c7\u6b0a\uff09\u6216\u6307\u6578\u671f\u8ca8\uff08Futures\uff0c\u7d04\u5b9a\u5728\u672a\u4f86\u4ee5\u7279\u5b9a\u50f9\u683c\u4ea4\u6613\u7684\u5408\u7d04\uff09\uff0c\u9810\u671f\u8f03\u5f37\u7684\u7d93\u6fdf\u6d3b\u52d5\u6703\u5e36\u52d5\u4f01\u696d\u7372\u5229\uff0c\u7279\u5225\u662f\u9280\u884c\u8207\u6d88\u8cbb\u670d\u52d9\u3002\u904e\u53bb\u5728 2025 \u5e74\u4e0b\u534a\u5e74\uff0c\u985e\u4f3c PMI \u512a\u65bc\u9810\u671f\u4e5f\u66fe\u5e36\u52d5\u6307\u6578\u8d70\u5f37\uff0c\u4ee3\u8868\u666f\u6c23\u56de\u5347\u3002\n\n\u8f03\u5f37\u7684\u7fa9\u5927\u5229\u6578\u64da\u4e5f\u652f\u6490\u6b50\u5143\u3002\u4ea4\u6613\u8005\u53ef\u628a\u9019\u8996\u70ba\u5efa\u7acb EUR\/USD \u591a\u55ae\uff08Long position\uff0c\u62bc\u6ce8\u50f9\u683c\u4e0a\u6f32\u7684\u90e8\u4f4d\uff09\u7684\u6a5f\u6703\uff0c\u56e0\u70ba\u9019\u6703\u5f37\u5316\u6b50\u6d32\u592e\u884c\u7dad\u6301\u5229\u7387\u4e0d\u8b8a\u7684\u7406\u7531\u3002\u6b50\u5143\u5340 2 \u6708\u901a\u81a8\uff08\u7269\u50f9\u4e0a\u6f32\u901f\u5ea6\uff09\u70ba 2.8%\uff0c\u672c\u5c31\u8b93\u77ed\u671f\u964d\u606f\u7684\u53ef\u80fd\u6027\u964d\u4f4e\u3002\n\n\u56e0\u6b64\uff0c\u7fa9\u5927\u5229\u653f\u5e9c\u516c\u50b5\u6b96\u5229\u7387\uff08BTPs\uff0c\u7fa9\u5927\u5229\u9577\u671f\u516c\u50b5\uff1b\u6b96\u5229\u7387\u4e0a\u5347\u901a\u5e38\u4ee3\u8868\u50b5\u5238\u50f9\u683c\u4e0b\u8dcc\uff09\u53ef\u80fd\u9762\u81e8\u4e0a\u884c\u58d3\u529b\u3002\u9019\u7a2e\u8cc7\u6599\u53ef\u80fd\u8b93\u4ea4\u6613\u8005\u653e\u7a7a BTP \u671f\u8ca8\uff08Short\uff0c\u62bc\u6ce8\u50f9\u683c\u4e0b\u8dcc\uff09\uff0c\u8ced\u6b50\u6d32\u592e\u884c\u6703\u5ef6\u5f8c\u964d\u606f\u300210 \u5e74\u671f BTP \u8207\u5fb7\u570b\u516c\u50b5 Bund\uff08\u5fb7\u570b\u653f\u5e9c\u516c\u50b5\uff0c\u5e38\u88ab\u8996\u70ba\u6b50\u5143\u5340\u57fa\u6e96\uff09\u4e4b\u9593\u7684\u5229\u5dee\uff08Spread\uff0c\u5169\u8005\u6b96\u5229\u7387\u5dee\uff09\u76ee\u524d\u7d04 130 \u500b\u57fa\u9ede\uff08Basis points\uff0c1 \u500b\u57fa\u9ede = 0.01%\uff09\uff0c\u82e5\u7d93\u6fdf\u8868\u73fe\u6301\u7e8c\u512a\u65bc\u9810\u671f\uff0c\u5229\u5dee\u53ef\u80fd\u64f4\u5927\u3002\n\n<h3>\u63a5\u4e0b\u4f86\u89c0\u5bdf\u91cd\u9ede<\/h3>\n\u63a5\u4e0b\u4f86\u8981\u770b\u6574\u500b\u6b50\u5143\u5340\u7684\u7d9c\u5408 PMI\uff08Composite PMI\uff0c\u628a\u88fd\u9020\u696d\u8207\u670d\u52d9\u696d\u5408\u4f75\u7684\u666f\u6c23\u6307\u6a19\uff09\uff0c\u78ba\u8a8d\u7fa9\u5927\u5229\u7684\u5f37\u52e2\u662f\u5426\u5c6c\u65bc\u666e\u904d\u73fe\u8c61\u3002\u82e5\u6b50\u6d32\u6574\u9ad4\u6578\u64da\u4e5f\u5f37\uff0c\u505a\u591a\u80a1\u7968\u3001\u505a\u7a7a\u50b5\u5238\u7684\u7406\u7531\u6703\u66f4\u5145\u5206\u3002\u82e5\u5e02\u5834\u7a69\u5b9a\uff0c\u8ce3\u51fa\u6ce2\u52d5\u7387\uff08Selling volatility\uff0c\u900f\u904e\u9078\u64c7\u6b0a\u7b56\u7565\u62bc\u6ce8\u5e02\u5834\u6ce2\u52d5\u4e0b\u964d\u6216\u7dad\u6301\u4e0d\u5927\uff09\u5728 FTSE MIB \u4e0a\u4e5f\u53ef\u80fd\u53ef\u884c\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>\u7fa9\u5927\u52292\u6708HCOB\u670d\u52d9\u696dPMI\u5347\u81f352.3\u8d85\u9810\u671f\uff0cGDP\u4fee\u6b63\u4ea6\u504f\u5f37\uff1b\u5229\u591aFTSE MIB\u8207\u6b50\u5143\u3001\u58d3\u6291BTP\u3002\u63a5\u8457\u770b\u6b50\u5143\u5340\u7d9c\u5408PMI\u9a57\u8b49\u5f37\u52e2\u5ef6\u7e8c\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-48330","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\/48330","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=48330"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/posts\/48330\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/media?parent=48330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/categories?post=48330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/zh\/wp-json\/wp\/v2\/tags?post=48330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}