{"id":229610,"date":"2021-04-19T05:39:01","date_gmt":"2021-04-19T05:39:01","guid":{"rendered":"https:\/\/www.zfx.com\/?post_type=market_outlook&p=229610"},"modified":"2021-04-19T05:39:01","modified_gmt":"2021-04-19T05:39:01","slug":"zfx%ef%bc%9a%e4%b8%8a%e9%80%b1%e5%9b%9e%e9%a1%a7%e5%8f%8a%e6%9c%ac%e9%80%b1%e5%b8%82%e5%a0%b4%e5%b1%95%e6%9c%9b20210419-20210425","status":"publish","type":"market_outlook","link":"https:\/\/www.zfx.com\/zh-hant\/market-outlook\/zfx%ef%bc%9a%e4%b8%8a%e9%80%b1%e5%9b%9e%e9%a1%a7%e5%8f%8a%e6%9c%ac%e9%80%b1%e5%b8%82%e5%a0%b4%e5%b1%95%e6%9c%9b20210419-20210425\/","title":{"rendered":"ZFX\uff1a\u4e0a\u9031\u56de\u9867\u53ca\u672c\u9031\u5e02\u5834\u5c55\u671b(20210419-20210425)"},"content":{"rendered":"

\u4e0a\u5468\u56de\u9867<\/strong><\/span><\/h3>\n

\u7f8e\u570b\u4e0a\u9031\u4f9d\u5e8f\u516c\u5e03\u7684CPI\u3001\u96f6\u552e\u92b7\u552e\u4ee5\u53ca\u81f34\u670810\u65e5\u7576\u5468\u521d\u8acb\u5931\u696d\u6551\u52a9\u91d1\u4eba\u6578\uff0c\u6380\u8d77\u5e02\u5834\u8f03\u5927\u7684\u6ce2\u52d5\uff1b\u53d7\u5230\u4f4e\u57fa\u671f\u4ee5\u53ca\u670d\u52d9\u696d\u7684\u56de\u6eab\uff0c\u96f6\u552e\u92b7\u552e\u5237\u65b0\u5e74\u6708\u7387\u5237\u65b0\u6b77\u53f2\u4ee5\u4f86\u8d85\u9ad8\u7d00\u9304\uff1a27.72%\u4ee5\u53ca9.8%\uff1b\u800cCPI\u6578\u64da\u4e5f\u56e0\u80fd\u6e90\u985e\u5927\u6f32\u800c\u9304\u5f97\u5e74\u73872.6%\uff0c\u751a\u81f3\u514b\u91cc\u592b\u862d\u806f\u5132\u76ee\u524d\u9810\u4f304\u6708\u4efdCPI\u90543.46%\u3002\u6d88\u8cbb\u4ee5\u53ca\u901a\u81a8\u7684\u5927\u529b\u56de\u5347\u4e5f\u7d66\u4e88\u9ec3\u91d1\u3001\u7f8e\u80a1\u8fce\u4f86\u4e00\u6ce2\u7684\u6f32\u5e45\u3002<\/p>\n

\u7136\u800c\u9664\u4e86\u6578\u64da\u5916\uff0c\u66f4\u70ba\u91cd\u8981\u7684\u662f\u7f8e\u570b\u5468\u4e8c\u6240\u516c\u5e03\u768430\u5e74\u50b5\u5238\u6a19\u552e\u7d50\u679c\uff0c\u6295\u6a19\u500d\u6578\u8d85\u904e\u8fd1\u671f\u5e73\u5747\uff0c\u8868\u9700\u6c42\u8f03\u70ba\u5f37\u52c1\uff0c\u800c\u9019\u4e5f\u5c0e\u81f4\u9577\u5929\u671f\u50b5\u5238\u6b96\u5229\u7387\u6709\u8f03\u70ba\u660e\u986f\u7684\u58d3\u56de\uff0c\u4e00\u63833\u6708\u4ee5\u4f86\u8cc7\u91d1\u6210\u672c\u6500\u5347\u7684\u9670\u973e\u3002<\/p>\n

\u5be6\u8cea\u5229\u7387\u91cd\u65b0\u5411\u8ca0\u503c\u6df1\u5316\uff0c\u552f\u6ce8\u610f\u6050\u70ba\u4e2d\u77ed\u671f\u73fe\u8c61<\/strong><\/h4>\n

\u5728\u4e0a\u9031CPI\u6578\u64da\u516c\u5e03\u5f8c\uff0c\u672c\u8d70\u56de\u96f6\u8ef8\u9644\u8fd1\u7684\u5be6\u8cea\u5229\u7387\u518d\u5ea6\u5448\u73fe\u8ca0\u503c\u6df1\u5316\uff0c\u4f7f\u9ec3\u91d1\u7a81\u7834\u9838\u7dda1760\u4ee5\u53ca\u5747\u7dda\u58d3\u529b\u7684\u5169\u5927\u95dc\u9375\u4f4d\u7f6e\uff0c\u4e26\u6025\u5954\u81f3\u76ee\u524d1776\u3002<\/p>\n

\u7136\u800c\u76ee\u524d\u56e0\u53d7\u5230\u4f4e\u57fa\u671f\u5f71\u97ff\uff0c\u901a\u8139\u6578\u64da\u5bb9\u6613\u51fa\u73fe\u6975\u7aef\u503c\u4e14\u4e0d\u5bb9\u6613\u7dad\u6301\u592a\u9577\u6642\u9593\uff0c\u6545\u5728\u7f8e\u806f\u5132\u672a\u63d0\u51fa\u66f4\u5927\u8ca8\u5e63\u5bec\u9b06\u653f\u7b56\u4e4b\u4e0b\uff0c\u6211\u5011\u4ecd\u7dad\u6301\u9ec3\u91d1\u77ed\u591a\u9577\u7a7a\u7684\u770b\u6cd5\u3002<\/p>\n

\"(\u9ec3\u91d14\u5c0f\u6642K\u7dda\u5716)\"<\/p>\n

(\u9ec3\u91d14\u5c0f\u6642K\u7dda\u5716)<\/p>\n

\u6280\u8853\u9762\uff1a\u9ec3\u91d1\u5728\u4e0a\u7834\u91cd\u8981\u5169\u9805\u6280\u8853\u6307\u6a19(\u5747\u7dda\u4ee5\u53ca1756\u5927\u9838\u7dda\u5f8c)\u77ed\u7dda\u8f49\u70ba\u591a\u65b9\uff0c\u82e5\u7528\u96d9\u5e95\u5f62\u614b\u5b78\uff0c\u672c\u6ce2\u6eff\u8db3\u4f4d\u7d04\u65bc1835\u9644\u8fd1(\u540c\u6642\u4e5f\u70ba2070\u81f31680\u7684\u8cbb\u6ce2\u7d0d\u595138.2\u4f4d\u7f6e)\uff0c\u6545\u5728\u76ee\u524d\u77ed\u591a\u5efa\u8b70\u82e5\u6709\u56de\u8abf1756\u9644\u8fd1\u652f\u6490\uff0c\u53ef\u914d\u5408\u53cd\u8f49\u578b\u614b(\u541e\u566c\u6216\u523a\u900f)\u9032\u884c\u4ecb\u5165\uff0c\u4f46\u5728\u7a81\u78341800\u4ee5\u4e0a\u4fbf\u4e0d\u518d\u5efa\u8b70\u8ffd\u591a\u3002<\/p>\n

\u7f8e\u50b5\u6b96\u5229\u7387\u58d3\u56de\uff0c\u6b50\u7f8e\u5c0d\u7372\u5f97\u5598\u606f\u7a7a\u9593<\/strong><\/h4>\n

\u96a8\u8457\u8fd1\u671f\u7f8e\u570b\u9577\u5929\u671f\u50b5\u5238\u6b96\u5229\u7387\u7684\u56de\u843d\uff0c\u4f7f\u7f8e\u5fb7\u5229\u5dee\u505c\u6b62\u64f4\u5927\uff1b\u7136\u800c\u6b50\u5143\u5340\u96f6\u552e\u92b7\u552e\u5e74\u7387\u4ecd\u5448\u8ca0\u503c\u4ee5\u53ca\u975e\u88fd\u9020\u696dPMI\u591a\u6578\u570b\u5bb6\u4e0d\u53ca50\u69ae\u67af\u7dda\uff0c\u6545\u4e0a\u9031\u6700\u9ad8\u4f4d\u4ecd\u53d7\u9650\u65bc1.2\u9644\u8fd1\u7684\u9838\u7dda\u58d3\u529b<\/p>\n

\"(\u6b50\u7f8e\u5c0d4\u5c0f\u6642K\u7dda\u5716)\"<\/p>\n

(\u6b50\u7f8e\u5c0d4\u5c0f\u6642K\u7dda\u5716)<\/p>\n

\u6280\u8853\u9762\uff1a\u89c0\u5bdf\u6b50\u7f8e\u5c0d\u56db\u5c0f\u6642\u5716\uff0c\u9ad8\u4f4e\u9ede\u6301\u7e8c\u5411\u4e0a\u588a\u9ad8\uff0c\u552f\u53d7\u5230\u9838\u7dda1.2\u7684\u58d3\u529b\uff0c\u4f7f\u4e0a\u9031\u6700\u9ad8\u9ede\u59cb\u7d42\u7121\u6cd5\u5275\u9ad8\uff1b\u64cd\u4f5c\u4e0a1.2\u7a81\u7834\u5f8c\u53ef\u9032\u884c\u4ecb\u5165\uff0c\u6216\u53ef\u65bc\u7a81\u7834\u5f8c\u56de\u64a4\u4e0d\u7834\u9838\u7dda\u9032\u884c\u4ecb\u5165\u3002<\/p>\n

\u5927\u578b\u79d1\u6280\u80a1\u6301\u7e8c\u62c9\u52d5\u90a3\u6307\uff0c\u7a81\u7834\u524d\u9ad8\u50c5\u4e00\u6b65\u4e4b\u9059<\/strong><\/h4>\n

\u5728\u8fd1\u671f\u4f30\u503c\u91cd\u7f6e\u5f8c\uff0c\u5f15\u9818\u90a3\u6307\u5411\u4e0a\u5954\u8dd1\u7684\u8f49\u70ba\u5927\u578b\u80a1\uff0c\u96a8\u8457\u9032\u5165\u8ca1\u5831\u65fa\u5b63\uff0c\u5e02\u5834\u9810\u4f30FAANG\u5c16\u7259\u80a1\u7b2c\u4e00\u5b63\u7372\u5229\u6210\u9577\u5e74\u589e\u7387\u53ef\u671b\u9054\u5230200%\u4ee5\u4e0a\uff0c\u758a\u52a0\u7f8e\u50b5\u6b96\u5229\u7387\u7684\u4e0b\u8dcc\uff0c\u90a3\u6307\u672c\u5468\u767c\u5c55\u4ecd\u70ba\u6a02\u89c0\u3002<\/p>\n

\"(\u90a3\u63074\u5c0f\u6642K\u7dda\u5716)\"<\/p>\n

(\u90a3\u63074\u5c0f\u6642K\u7dda\u5716)<\/p>\n

\u6280\u8853\u9762\uff1a\u89c0\u5bdf\u90a3\u63074\u5c0f\u6642k\u7dda\u5716\uff0c\u77ed\u7dda\u9ad8\u4f4e\u9ede\u6301\u7e8c\u5411\u4e0a\u63a8\u79fb\u4e14\u4e2d\u671f\u578b\u614b\u51fa\u73fe\u96d9\u5e95\uff0c\u572813630\u4e0d\u7834\u4e4b\u524d\u4ecd\u5efa\u8b70\u53ef\u4ee5\u591a\u65b9\u70ba\u4e3b\u8981\u64cd\u4f5c\u65b9\u5411\u3002<\/p>\n

\u9700\u6c42\u63a8\u5347\u4e0b\uff0c\u7522\u6cb9\u570b\u6e1b\u7522\u4e0d\u6613<\/h4>\n

\u96a8\u8457OPEC+\u5c07\u65bc5\u6708\u958b\u59cb\u589e\u52a0\u7522\u80fd\uff0c\u6cb9\u50f9\u6301\u7e8c\u7dad\u6301\u9ad8\u6a94\u76e4\u65cb\uff0c\u7136\u800c\u5728\u9ad8\u6cb9\u50f9\u7684\u7576\u4e0b\uff0c\u7522\u6cb9\u570b\u8981\u9054\u6210\u6e1b\u7522\u53ef\u80fd\u6027\u4e0d\u9ad8\uff0c\u53c8\u5728\u5168\u7403\u56e0\u666f\u6c23\u5fa9\u7526\u5c0e\u81f4\u6301\u7e8c\u62c9\u5347\u539f\u6cb9\u9700\u6c42\u4e0b\uff0c\u5c07\u53ef\u6301\u652f\u6490\u539f\u6cb9\u7684\u50f9\u683c\u65bc\u4e00\u5b9a\u6c34\u5e73\u4e4b\u4e0a\u3002<\/p>\n

\"(\u7f8e\u6cb94\u5c0f\u6642K\u7dda\u5716)\"<\/p>\n

(\u7f8e\u6cb94\u5c0f\u6642K\u7dda\u5716)<\/p>\n

\u6280\u8853\u9762\uff1a\u89c0\u5bdf\u7f8e\u6cb94\u5c0f\u6642K\u7dda\u5716\uff0c\u77ed\u7dda\u9ad8\u4f4e\u9ede\u518d\u5ea6\u5411\u4e0a\u63a8\u79fb\uff0c\u591a\u65b9\u614b\u52e2\u8f03\u70ba\u660e\u986f\uff0c\u5efa\u8b70\u591a\u65b9\u53ef\u65bc\u7f8e\u6cb9\u9032\u884c\u56de\u8abf\u65bc62.3\u9644\u8fd1\u5f8c\uff0c\u53ef\u914d\u5408\u77ed\u7dda\u53cd\u8f49\u578b\u614b(\u541e\u566c\u6216\u523a\u900f)\u9032\u884c\u4ecb\u5165\u3002<\/p>\n

\u672c\u5468\u5c55\u671b\uff1a<\/strong><\/span><\/h3>\n

\u672c\u5468\u8f03\u70ba\u91cd\u8981\u7684\u70ba\u5468\u56db(22\u65e5)\u7684\u6b50\u6d32\u592e\u884c\u5229\u7387\u6c7a\u8b70\uff0c\u5927\u81f4\u4e0a\u4e09\u5927\u5229\u7387\u61c9\u7576\u4e0d\u8b8a\uff0c\u552f\u5728\u8cfc\u50b5\u524d\u77bb\u4e0a\u662f\u5426\u91cb\u653e\u66f4\u591a\u8a0a\u606f\uff1a\u5982\u7576\u5b63\u8cfc\u50b5\u901f\u5ea6\u4ee5\u53ca\u91cf\u3002<\/p>\n

\u6b64\u5916\u9031\u4e94(23\u65e5)\u5c07\u516c\u5e03\u6b50\u7f8e\u5730\u5340\u7684IHS markit PMI\uff0c\u6b50\u6d32\u5c24\u5176\u9700\u7279\u5225\u95dc\u6ce8\u670d\u52d9\u696dPMI\u80fd\u5426\u7ad9\u56de50\u69ae\u67af\u7dda\u4e4b\u4e0a\u3002<\/p>\n

\u672c\u5468\u6578\u64da\uff1a<\/span><\/h3>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u6642\u9593<\/strong><\/td>\n\u570b\u5bb6\/\u7d44\u7e54<\/strong><\/td>\n\u6642\u9593<\/strong><\/td>\n\u6578\u64da\/\u4e8b\u4ef6<\/strong><\/td>\n<\/tr>\n
\u9031\u4e00<\/p>\n

(4\u670819\u65e5)<\/td>\n

\u65e5\u672c<\/td>\n07:50<\/td>\n\u65e5\u672c3\u6708\u9032\u51fa\u53e3\u5e74\u7387<\/td>\n<\/tr>\n
\u9031\u4e8c<\/p>\n

(4\u670820\u65e5)<\/td>\n

\u5fb7\u570b<\/td>\n14:00<\/td>\n\u5fb7\u570b3\u6708PPI\u6708\u5e74\u7387<\/td>\n<\/tr>\n
\u82f1\u570b<\/td>\n14:00<\/td>\n\u82f1\u570b3\u6708\u5931\u696d\u7387<\/td>\n<\/tr>\n
\u9031\u4e09<\/p>\n

(4\u670821\u65e5)<\/td>\n

\u82f1\u570b<\/td>\n14:00<\/td>\n\u82f1\u570b3\u6708CPI\u6708\u5e74\u7387<\/td>\n<\/tr>\n
\u82f1\u570b3\u6708\u96f6\u552e\u7269\u50f9\u6708\u5e74\u7387<\/td>\n<\/tr>\n
\u52a0\u62ff\u5927<\/td>\n20:30<\/td>\n\u52a0\u62ff\u5927\u516c\u5e03\u5229\u7387\u6c7a\u8b70<\/td>\n<\/tr>\n
\u52a0\u62ff\u59273\u6708PCI\u5e74\u6708\u7387<\/td>\n<\/tr>\n
EIA<\/td>\n22:30<\/td>\n\u7f8e\u570b\u81f34\u670816\u65e5\u539f\u6cb9\u5eab\u5b58\u8b8a\u5316<\/td>\n<\/tr>\n
\u9031\u56db<\/p>\n

(4\u670822\u65e5)<\/td>\n

\u6b50\u5143\u5340<\/td>\n19:45<\/td>\n\u6b50\u5143\u5340\u5229\u7387\u6c7a\u8b70<\/td>\n<\/tr>\n
20:30<\/td>\n\u6b50\u6d32\u592e\u884c\u884c\u9577\u62c9\u52a0\u5fb7\u62db\u958b\u65b0\u805e\u8a18\u8005\u6703<\/td>\n<\/tr>\n
\u7f8e\u570b<\/td>\n20:30<\/td>\n\u7f8e\u570b\u81f34\u670817\u65e5\u521d\u8acb\u5931\u696d\u6551\u52a9\u91d1\u4eba\u6578<\/td>\n<\/tr>\n
\u7f8e\u570b\u81f34\u670810\u65e5\u7e8c\u8acb\u5931\u696d\u6551\u52a9\u91d1\u4eba\u6578<\/td>\n<\/tr>\n
22:00<\/td>\n\u7f8e\u570b3\u6708\u6210\u5c4b\u92b7\u552e<\/td>\n<\/tr>\n
\u6b50\u5143\u5340<\/td>\n22:00<\/td>\n\u6b50\u5143\u5340\u6d88\u8cbb\u8005\u4fe1\u5fc3\u6307\u6578\u521d\u503c<\/td>\n<\/tr>\n
\u9031\u4e94<\/p>\n

(4\u670823\u65e5)<\/td>\n

\u82f1\u570b<\/td>\n14:00<\/td>\n\u82f1\u570b3\u6708\u96f6\u552e\u92b7\u552e\u5e74\u6708\u7387<\/td>\n<\/tr>\n
\u6b50\u5143\u5340<\/td>\n15:15<\/td>\n\u6cd5\u570b4\u6708\u88fd\u9020\u696d\u3001\u670d\u52d9\u696d\u4ee5\u53ca\u7d9c\u5408PMI<\/td>\n<\/tr>\n
\u5fb7\u570b4\u6708\u88fd\u9020\u696d\u3001\u670d\u52d9\u696d\u4ee5\u53ca\u7d9c\u5408PMI<\/td>\n<\/tr>\n
\u6b50\u5143\u53404\u6708\u88fd\u9020\u696d\u3001\u670d\u52d9\u696d\u4ee5\u53ca\u7d9c\u5408PMI<\/td>\n<\/tr>\n
\u82f1\u570b<\/td>\n16:30<\/td>\n\u82f1\u570b4\u6708\u88fd\u9020\u696d\u3001\u670d\u52d9\u696d\u4ee5\u53ca\u7d9c\u5408PMI<\/td>\n<\/tr>\n
\u7f8e\u570b<\/td>\n21:45<\/td>\n\u7f8e\u570b4\u6708\u88fd\u9020\u696d\u3001\u670d\u52d9\u696d\u4ee5\u53ca\u7d9c\u5408PMI<\/td>\n<\/tr>\n
22:00<\/td>\n\u7f8e\u570b3\u6708\u65b0\u5c4b\u92b7\u552e<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n

\u98a8\u96aa\u63d0\u793a:\u4ee5\u4e0a\u5167\u5bb9\u50c5\u4f9b\u53c3\u8003\uff0c\u4e0d\u4ee3\u8868ZFX\u7acb\u5834\uff0cZFX\u4e0d\u627f\u64d4\u6839\u64da\u672c\u6587\u6240\u9032\u884c\u4efb\u4f55\u8cb7\u8ce3\u64cd\u4f5c\u800c\u5c0e\u81f4\u7684\u4efb\u4f55\u5f62\u5f0f\u640d\u5931\u3002\u8acb\u5805\u5b9a\u81ea\u5df1\u7684\u601d\u8def\uff0c\u505a\u597d\u76f8\u61c9\u98a8\u96aa\u63a7\u5236\u3002<\/strong><\/p>\n

ZFX<\/strong>\u5206\u6790\u5e2b\u9031\u4e00\u81f3\u9031\u4e94\u5747\u6703\u767c\u4f48\u6bcf\u5929\u65b0\u805e\u7e3d\u7d50\uff0c\u8acb\u5373\u6536\u85cf <\/strong>ZFX<\/strong>\u8ca1\u7d93\u65b0\u805e\u9801<\/strong><\/a>\uff0c\u901f\u8b80\u6bcf\u65e5\u5e02\u5834\u65b0\u805e\uff01<\/strong><\/p>\n

\u2014\u2014<\/p>\n

\u95dc\u65bc\u00a0<\/u><\/strong>ZFX <\/strong>\u5c71\u6d77\u8b49\u5238<\/strong><\/a><\/p>\n