{"id":23213,"date":"2025-08-25T05:49:15","date_gmt":"2025-08-25T05:49:15","guid":{"rendered":"https:\/\/www.maxainasia.com\/?p=23213"},"modified":"2025-08-25T05:52:54","modified_gmt":"2025-08-25T05:52:54","slug":"daily-commentary-262","status":"publish","type":"post","link":"https:\/\/www.meisheng.asia\/zh_tw\/daily-commentary-262-20250825\/","title":{"rendered":"\u9ec3\u91d1\u5728\u4e0b\u4e00\u6ce2\u4e0a\u6f32\u524d\u51fa\u73fe\u7372\u5229\u56de\u5410"},"content":{"rendered":"<p><\/p>\n\n\n\n<ul style=\"color:#f40307\" class=\"wp-block-list has-text-color\">\n<li><strong>\u5728\u7f8e\u806f\u5132\u4e3b\u5e2d\u9b91\u5a01\u723e\u5728\u5091\u514b\u905c\u970d\u723e\u7814\u8a0e\u6703\u4e0a\u7684\u9d3f\u6d3e\u57fa\u8abf\u5e36\u52d5\u4e0b\uff0c\u9ec3\u91d1\u56de\u5410\u4e86\u9031\u4e94\u7684\u5347\u5e45\u3002<\/strong><\/li>\n\n\n\n<li><strong>\u7f8e\u5143\u6372\u571f\u91cd\u4f86\uff0c\u4f46\u5728\u672c\u9031\u7f8e\u806f\u5132\u504f\u597d\u7684\u901a\u8ca8\u81a8\u8139\u6307\u6a19\u516c\u5e03\u524d\uff0c\u4e0a\u884c\u7a7a\u9593\u4f3c\u4e4e\u6709\u9650\u3002<\/strong><\/li>\n\n\n\n<li><strong>\u5728 Powell \u7684\u9d3f\u6d3e\u610f\u5916\u4e4b\u5f8c\uff0c\u65e5\u7dda\u6280\u8853\u8a2d\u5b9a\u8f49\u5411\u6709\u5229\u65bc\u8cb7\u5bb6\u3002<\/strong><\/li>\n<\/ul>\n\n\n\n<p>\u9ec3\u91d1\u5728$3,370\u4e0b\u65b9\u91cd\u65b0\u7ffb\u7d05\uff0c\u626d\u8f49\u4e86\u4e0a\u5468\u4e94\u7684\u6025\u5287\u8f49\u52e2\u3002\u7f8e\u570b\u806f\u5132\u5c40\u4e3b\u5e2d\u9b91\u5a01\u723e\uff08Jerome Powell\uff09\u5728\u5091\u514b\u905c\u970d\u723e\u7d93\u6fdf\u7814\u8a0e\u6703\uff08Jackson Hole Economic Symposium\uff09\u4e0a\u51fa\u4eba\u610f\u6599\u5730\u8868\u73fe\u51fa\u9d3f\u6d3e\u614b\u5ea6\uff0c\u6fc0\u767c\u4e86\u5e02\u5834\u7684\u5287\u70c8\u6ce2\u52d5\uff0c\u8cb7\u5bb6\u5728\u6b64\u4e4b\u5f8c\u5598\u4e86\u4e00\u53e3\u6c23\u3002<\/p>\n\n\n\n<p>\u5728 Powell \u5c01\u9396 9 \u6708\u6e1b\u606f\u4e26\u91cd\u71c3\u4eca\u5e74\u6fc0\u9032\u6e1b\u606f\u7684\u81c6\u6e2c\u5f8c\uff0c\u9ec3\u91d1\u6539\u5f26\u6613\u8f4d\uff0c\u5805\u5b9a\u53cd\u5f48\u7d04 $50 \u6e2c\u8a66 $3,380\u3002<\/p>\n\n\n\n<p>\u300c\u5c31\u696d\u7684\u4e0b\u884c\u98a8\u96aa\u6b63\u5728\u4e0a\u5347\uff0c\u800c \u300dGDP \u589e\u9577\u986f\u8457\u653e\u7de9\uff0c\u53cd\u6620\u51fa\u6d88\u8cbb\u8005\u652f\u51fa\u653e\u7de9\uff0c\"\u4ed6\u5c0d\u4e00\u773e\u570b\u969b\u7d93\u6fdf\u5b78\u5bb6\u548c\u653f\u7b56\u5236\u5b9a\u8005\u8aaa\u3002<\/p>\n\n\n\n<p>Powell \u6307\u51fa\uff1a\u300c\u800c\u4e14\u5982\u679c\u9019\u4e9b\u98a8\u96aa\u5be6\u73fe\uff0c\u5b83\u5011\u53ef\u4ee5\u5f88\u5feb\u5be6\u73fe\uff0c\u300dFed \u53ef\u80fd\u9700\u8981\u964d\u606f\u3002<\/p>\n\n\n\n<p>CME Group \u7684 Fed Watch Tool \u986f\u793a\uff0c\u5e02\u5834\u76ee\u524d\u9810\u4f30 Fed \u4e0b\u6708\u964d\u606f\u7684\u6a5f\u7387\u70ba 88%\uff0c\u9ad8\u65bc Powell \u51fa\u5834\u524d\u7684 75%\u3002<\/p>\n\n\n\n<p>\u672c\u9031\u4e00\u958b\u59cb\uff0c\u9ec3\u91d1\u5728\u4e0a\u5468\u4e94\u6025\u8f49\u76f4\u4e0b\u4e4b\u5f8c\uff0c\u51fa\u73fe\u4e86\u4e00\u9663\u7372\u5229\u56de\u5410\u3002<\/p>\n\n\n\n<p>\u7136\u800c\uff0c\u975e\u6536\u76ca\u7387\u9ec3\u91d1\u7684\u4efb\u4f55\u4e0b\u884c\u90fd\u53ef\u80fd\u662f\u77ed\u66ab\u7684\uff0c\u56e0\u70ba\u5e02\u5834\u6703\u5c0d\u7f8e\u806f\u5132\u7684\u9d3f\u6d3e\u9810\u671f\u9032\u884c\u91cd\u65b0\u5b9a\u50f9\uff0c\u9019\u53ef\u80fd\u6703\u4f7f\u7f8e\u5143\u96e3\u4ee5\u5617\u8a66\u6301\u7e8c\u5fa9\u7526\u3002<\/p>\n\n\n\n<p>\u8056\u8def\u6613\u806f\u90a6\u5132\u5099\u5c40\u4e3b\u5e2d\u7a46\u85a9\u502b(Alberto Musalem)\u8868\u793a\uff0c\u8056\u8def\u6613\u806f\u90a6\u5132\u5099\u5c40\u73fe\u6b63\u8003\u616e\u8056\u8def\u6613\u806f\u90a6\u5132\u5099\u5c40\u4e3b\u5e2d\u7a46\u85a9\u502b(Alberto Musalem)\u7684\u8a55\u8ad6\u3002<\/p>\n\n\n\n<p>\u64da\u8def\u900f\u793e\u5831\u5c0e\uff0cMusalem \u8868\u793a\uff0c\u4ed6\u9700\u8981\u66f4\u591a\u7684\u6578\u64da\u624d\u80fd\u6c7a\u5b9a\u662f\u5426\u652f\u6301\u5728 9 \u6708\u7684\u6703\u8b70\u4e0a\u964d\u606f\uff0c\u8b66\u544a\u901a\u8ca8\u81a8\u8139\u4ecd\u9ad8\u65bc\u806f\u5132\u5c40\u7684 2% \u76ee\u6a19\u3002<\/p>\n\n\n\n<p>\u5c55\u671b\u672a\u4f86\uff0c\u7f8e\u570b\u65b0\u5c4b\u92b7\u552e\u6578\u64da\u548c\u806f\u5132\u5c40\u767c\u8a00\u53ef\u80fd\u6703\u70ba\u806f\u5132\u5c40\u7684\u653f\u7b56\u8def\u5f91\u63d0\u4f9b\u4e00\u4e9b\u65b0\u7684\u6697\u793a\uff0c\u6700\u7d42\u5f71\u97ff\u7121\u606f\u9ec3\u91d1\u3002<\/p>\n\n\n\n<p>\u672c\u9031\u7684\u4e3b\u8981\u7126\u9ede\u4ecd\u662f\u7f8e\u570b\u6838\u5fc3 PCE \u7269\u50f9\u6307\u6578\uff0c\u4e5f\u5c31\u662f\u7f8e\u806f\u5132\u6700\u559c\u6b61\u7684\u901a\u8ca8\u81a8\u8139\u6307\u6a19\uff0c\u4ee5\u80af\u5b9a\u6fc0\u9032\u7684\u7f8e\u806f\u5132\u6e1b\u606f\u9810\u671f\u3002<\/p>\n\n\n\n<h5 class=\"wp-block-heading has-vivid-red-color has-text-color has-small-font-size\">\u6bcf\u65e5\u6280\u8853\u5206\u6790<\/h5>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"402\" src=\"https:\/\/www.maxainasia.com\/wp-content\/uploads\/2025\/08\/image-16-1024x402.png\" alt=\"\" class=\"wp-image-23214\" srcset=\"https:\/\/www.meisheng.asia\/wp-content\/uploads\/2025\/08\/image-16-1024x402.png 1024w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2025\/08\/image-16-300x118.png 300w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2025\/08\/image-16-768x301.png 768w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2025\/08\/image-16-1536x602.png 1536w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2025\/08\/image-16-18x7.png 18w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2025\/08\/image-16.png 1594w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure>\n\n\n\n<p>\u53ea\u8981 14 \u5929 RSI \u7dad\u6301\u5728 50 \u6c34\u5e73\u4e4b\u4e0a\uff0c\u9ec3\u91d1\u7684\u77ed\u671f\u6280\u8853\u524d\u666f\u4f3c\u4e4e\u4ee4\u4eba\u9f13\u821e\u3002\u8a72\u9818\u5148\u6307\u6a19\u76ee\u524d\u6307\u5411\u8f03\u4f4e\u7684 53.50 \u9644\u8fd1\u3002<\/p>\n\n\n\n<p>\u8207\u6b64\u540c\u6642\uff0c\u5982\u679c 21 \u5929 SMA \u5728\u9031\u4e00\u6536\u65bc 50 \u5929 SMA \u4e4b\u4e0a\uff0c\u4ea4\u6613\u54e1\u5c07\u52a0\u500d\u62bc\u6ce8\u770b\u6f32\u9ec3\u91d1\uff0c\u6700\u7d42\u9a57\u8b49\u725b\u5e02\u4ea4\u53c9\u3002<\/p>\n\n\n\n<p>\u5982\u679c\u8cb7\u76e4\u8208\u8da3\u518d\u5ea6\u51fa\u73fe\uff0c\u8fd1\u671f\u963b\u529b\u4f4d\u5728\u9031\u4e94\u7684\u9ad8\u9ede $3,379\uff0c\u4e0a\u65b9\u5c07\u6311\u6230 $3,400 \u7684\u9580\u6abb\u3002<\/p>\n\n\n\n<p>\u518d\u5f80\u4e0a\u8d70\uff0c$3,440 \u9644\u8fd1\u7684\u975c\u614b\u963b\u529b\u4f4d\u5c07\u518d\u6b21\u767c\u63ee\u4f5c\u7528\u3002<\/p>\n\n\n\n<p>\u76f8\u53cd\uff0c\u8ce3\u5bb6\u9700\u8981\u7a81\u7834 21 \u5929 SMA \u548c 50 \u5929 SMA \u7684\u532f\u5408\u5340\u57df\uff0c\u5373 $3,346 \u9644\u8fd1\uff0c\u624d\u80fd\u5411\u5357\u5ef6\u4f38\u6700\u8fd1\u7684\u4e00\u689d\u817f\u3002<\/p>\n\n\n\n<p>\u4e0b\u4e00\u500b\u5805\u5be6\u652f\u6490\u4f4d\u5728 100 \u5929 SMA \u4f4d\u65bc $3,320\u3002\u53ea\u6709\u6301\u7e8c\u8dcc\u7834\u5f8c\u8005\uff0c\u624d\u6703\u5426\u5b9a\u4e2d\u671f\u7684\u4efb\u4f55\u5229\u597d\u504f\u5411\u3002<\/p>\n\n\n\n<p>\u8acb\u6ce8\u610f\uff0c\u81ea 2024 \u5e74 12 \u6708 31 \u65e5\u4ee5\u4f86\uff0c\u9ec3\u91d1\u5f9e\u672a\u6536\u76e4\u4f4e\u65bc 100 \u5929 SMA\u3002<\/p>","protected":false},"excerpt":{"rendered":"<p>Gold is back in the red below $3,370, reversing the sharp turnaround seen on Friday. Buyers take a breather in the aftermath of intense volatility stoked by US Fed Chair Jerome Powell\u2019s surprise dovish pivot at the Jackson Hole Economic Symposium. Gold changed its course and rebounded firmly about $50 to test $3,380 after Powell &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.meisheng.asia\/zh_tw\/daily-commentary-262-20250825\/\" class=\"more-link\">\u95b1\u8b80\u5168\u6587<span class=\"screen-reader-text\">\u9ec3\u91d1\u5728\u4e0b\u4e00\u6ce2\u4e0a\u6f32\u524d\u51fa\u73fe\u7372\u5229\u56de\u5410\u3009\u3002<\/span><\/a><\/p>","protected":false},"author":5,"featured_media":17233,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-23213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-commentary"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/posts\/23213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/comments?post=23213"}],"version-history":[{"count":1,"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/posts\/23213\/revisions"}],"predecessor-version":[{"id":23215,"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/posts\/23213\/revisions\/23215"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/media\/17233"}],"wp:attachment":[{"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/media?parent=23213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/categories?post=23213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/tags?post=23213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}