<p>亚洲股市在开盘时上涨，因对更多油轮能够通过霍尔木兹海峡的乐观情绪提振了华尔街的指标。</p>
<p>日本、韩国和澳大利亚的股市开盘走高，推动 MSCI 亚太指数上涨 0.8%。美元在经历了一个多月以来最大跌幅后保持稳定，而国债几乎没有变化，因为周一油价的下跌缓解了通胀担忧。</p>
<p>然而，布伦特原油在周二早些时候上涨至约每桶 102 美元，反弹自前一交易日的 2.8% 跌幅。美国股指期货也略显疲软，暗示本周初的乐观情绪可能开始减退。</p>
<p>风险偏好也因预计主要经济体可能释放石油储备以抵消潜在供应中断而得到提振，此前特朗普总统重申呼吁盟友帮助保障霍尔木兹海峡的安全。对这一重要航道流动的威胁继续加剧通胀担忧，投资者为本周的一系列央行会议做好准备。</p>
<p>“随着与伊朗的战争持续，油价正在主导市场情绪，霍尔木兹海峡的头条新闻正在推动市场，” BNY 的市场战略与洞察负责人 Bob Savage 写道。“本周的担忧围绕着央行如何看待这些问题。”</p>
<p>周一，标准普尔 500 指数录得自 2 月份以来的最佳表现，科技股领涨。英伟达公司在表示预计到 2027 年底将从人工智能芯片中产生至少 1 万亿美元的收入后，股价上涨 1.7%。</p>
<p>特朗普对其他国家在他呼吁确保船只能够通过海峡的问题上至今仍未表态表示不满。</p>
<p>周一晚些时候，他表示已请求中国——他所寻求支持的国家之一——将与习近平的峰会推迟约一个月，称他需要留在华盛顿以监督战争。</p>
<p>“美国与中国的会议可能推迟一个月，也可能被视为与伊朗的战争可能比预期拖得更久的迹象，” 野村资产管理的首席策略师 Hideyuki Ishiguro 表示。“这将对股市造成压力。”</p>
<p>与此同时，国际能源署最近同意创纪录地释放紧急储备，并表示如果需要，仍有更多储备可以释放。</p>
<p>当被问及是否有任何工具可以缓解油价上涨——除了紧急储备——财政部长 Scott Bessent 在接受 CNBC 采访时表示，这将取决于战争持续的时间。Bessent 指出，几个月后油价 “可能会远低于” 80 美元。</p>
<p>霍尔木兹海峡的有效关闭迫使阿联酋和科威特等国进一步减少石油产量。不过，仍有少量船只开始找到通过这一水道的方式。</p>
<p>日元也受到关注，逐渐逼近每美元 160 日元的关口，反映出投资者对该国对进口能源的高度依赖的担忧。交易员预计日本央行将在本周晚些时候的政策会议上维持利率不变，预计只有在 7 月份才会加息 25 个基点。</p>
<p>“现在日元将达到 160，除非日本央行加息，否则无法阻止这种贬值，” Alpha Binwani Capital 的创始人 Ashwin Binwani 表示，他对日元兑美元持看空态度。“如果油价在接下来的三个月内不下降，日元将达到 165。”</p>
<p>在其他方面，周一的债券反弹使国债收益率在各到期日下跌了四到六个基点。投资者将把注意力转向周三美联储的利率决定，预计政策制定者将维持利率不变，因为战争使前景变得不明朗。</p>
<p>英国央行和欧洲央行本周也将召开会议。预计澳大利亚储备银行将在周二晚些时候在悉尼加息。</p>
<p>“在霍尔木兹海峡恢复正常运营之前，能源市场和全球经济的风险将持续，” Capital.com 的 Kyle Rodda 写道。“对危机的政策响应将在接下来的几天内开始明确，因为一周内将举行大量央行会议。”</p>

炼油公司指数 ETF - VanEck Vectors

美国布伦特原油期货基金

标普全球能源股指数 ETF - iShares

<p>亚洲股市因对霍尔木兹海峡油轮通行的乐观情绪而上涨，推动了华尔街指数。MSCI 亚太指数上涨了 0.8%。油价反弹，布伦特原油价格达到每桶 102 美元。尽管地缘政治紧张局势持续，中央银行在会议前仍对通胀表示担忧。标准普尔 500 指数创下自 2 月份以来的最佳表现，科技股推动了这一增长。日元接近每美元 160，反映出对能源进口的依赖，而在美联储利率决策前，债券收益率下跌。本周预计将有中央银行对危机作出回应</p>

<p>Asian equities rose at the open after optimism that more tankers would be able to pass through the crucial Strait of Hormuz lifted gauges on Wall Street.</p>
<div class="lb-trans"><p>亚洲股市在开盘时上涨，因对更多油轮能够通过霍尔木兹海峡的乐观情绪提振了华尔街的指标。</p>
</div><p>Shares opened higher in Japan, South Korea and Australia, lifting the broader MSCI Asia Pacific Index by 0.8%. The dollar held steady after its biggest loss in more than a month, while Treasuries were little changed as Monday’s dip in oil prices tempered inflation concerns.</p>
<div class="lb-trans"><p>日本、韩国和澳大利亚的股市开盘走高，推动 MSCI 亚太指数上涨 0.8%。美元在经历了一个多月以来最大跌幅后保持稳定，而国债几乎没有变化，因为周一油价的下跌缓解了通胀担忧。</p>
</div><p>Brent crude, however, advanced to about $102 a barrel early Tuesday, rebounding from a 2.8% drop in its previous session. US equity-index futures were also slightly weaker, suggesting the optimism seen at the start of the week may be beginning to fade.</p>
<div class="lb-trans"><p>然而，布伦特原油在周二早些时候上涨至约每桶 102 美元，反弹自前一交易日的 2.8% 跌幅。美国股指期货也略显疲软，暗示本周初的乐观情绪可能开始减退。</p>
</div><p>Risk appetite was also boosted by expectations that major economies could release petroleum reserves to offset potential supply disruptions, after President Donald Trump renewed calls for allies to help safeguard the Strait of Hormuz. Threats to flows through the vital shipping lane continued to fan inflation worries as investors brace for a slate of central-bank meetings this week.</p>
<div class="lb-trans"><p>风险偏好也因预计主要经济体可能释放石油储备以抵消潜在供应中断而得到提振，此前特朗普总统重申呼吁盟友帮助保障霍尔木兹海峡的安全。对这一重要航道流动的威胁继续加剧通胀担忧，投资者为本周的一系列央行会议做好准备。</p>
</div><p>“As the war with Iran continues, oil prices are dictating the mood and headlines from the Strait of Hormuz are driving markets,” wrote Bob Savage, head of markets strategy and insight at BNY. “Concerns for the week revolve around how central bankers see through these matters.”</p>
<div class="lb-trans"><p>“随着与伊朗的战争持续，油价正在主导市场情绪，霍尔木兹海峡的头条新闻正在推动市场，” BNY 的市场战略与洞察负责人 Bob Savage 写道。“本周的担忧围绕着央行如何看待这些问题。”</p>
</div><p>On Monday, the S&amp;P 500 notched its best day since February, led by technology shares. Nvidia Corp. climbed 1.7% after saying it expects to generate at least $1 trillion in revenue from artificial-intelligence chips through the end of 2027.</p>
<div class="lb-trans"><p>周一，标准普尔 500 指数录得自 2 月份以来的最佳表现，科技股领涨。英伟达公司在表示预计到 2027 年底将从人工智能芯片中产生至少 1 万亿美元的收入后，股价上涨 1.7%。</p>
</div><p>Trump expressed his frustration with other nations that have so far been publicly noncommittal on his calls to help ensure vessels can transit the strait.</p>
<div class="lb-trans"><p>特朗普对其他国家在他呼吁确保船只能够通过海峡的问题上至今仍未表态表示不满。</p>
</div><p>Later on Monday he said he had requested China — among those he’s asked for support — to delay a summit with his counterpart Xi Jinping for about a month, saying it was important for him to remain in Washington to oversee the war.</p>
<div class="lb-trans"><p>周一晚些时候，他表示已请求中国——他所寻求支持的国家之一——将与习近平的峰会推迟约一个月，称他需要留在华盛顿以监督战争。</p>
</div><p>“The possibility that the US-China meeting could be postponed by one month may also be taken as a sign that the war with Iran is likely to drag on longer than expected,” said Hideyuki Ishiguro, chief strategist at Nomura Asset Management. “That would weigh on equity markets.”</p>
<div class="lb-trans"><p>“美国与中国的会议可能推迟一个月，也可能被视为与伊朗的战争可能比预期拖得更久的迹象，” 野村资产管理的首席策略师 Hideyuki Ishiguro 表示。“这将对股市造成压力。”</p>
</div><p>Meanwhile, the International Energy Agency, which recently agreed to a record release of emergency reserves, said it has more that can be made available if needed.</p>
<div class="lb-trans"><p>与此同时，国际能源署最近同意创纪录地释放紧急储备，并表示如果需要，仍有更多储备可以释放。</p>
</div><p>Asked if there were ​any ⁠tools to mitigate higher oil prices — beyond emergency reserves — Treasury Secretary Scott Bessent told CNBC it would depend on how long ​the war lasts. Bessent noted prices would be “probably much lower” than $80 in a couple of months’ time.</p>
<div class="lb-trans"><p>当被问及是否有任何工具可以缓解油价上涨——除了紧急储备——财政部长 Scott Bessent 在接受 CNBC 采访时表示，这将取决于战争持续的时间。Bessent 指出，几个月后油价 “可能会远低于” 80 美元。</p>
</div><p>The effective closure of the Strait of Hormuz has forced the likes of the United Arab Emirates and Kuwait to reduce oil output further. Still, a trickle of vessels is beginning to find a way through the waterway.</p>
<div class="lb-trans"><p>霍尔木兹海峡的有效关闭迫使阿联酋和科威特等国进一步减少石油产量。不过，仍有少量船只开始找到通过这一水道的方式。</p>
</div><p>The yen is also in focus as it edges ever closer to the 160-per-dollar mark, reflecting investors’ concerns around the nation’s heavy reliance on imported energy. Traders expected the Bank of Japan to keep interest rates on hold in its policy meeting later this week, with a quarter-point hike expected only in July.</p>
<div class="lb-trans"><p>日元也受到关注，逐渐逼近每美元 160 日元的关口，反映出投资者对该国对进口能源的高度依赖的担忧。交易员预计日本央行将在本周晚些时候的政策会议上维持利率不变，预计只有在 7 月份才会加息 25 个基点。</p>
</div><p>“Right now the yen will go to 160 and the BOJ cannot stop this weakening unless they hike rates,” said Ashwin Binwani, founder of Alpha Binwani Capital, who has bearish positions on Japan’s currency against the greenback. “If the oil price doesn’t go down in the next three months, the yen will go to 165.”</p>
<div class="lb-trans"><p>“现在日元将达到 160，除非日本央行加息，否则无法阻止这种贬值，” Alpha Binwani Capital 的创始人 Ashwin Binwani 表示，他对日元兑美元持看空态度。“如果油价在接下来的三个月内不下降，日元将达到 165。”</p>
</div><p>Elsewhere, a bond rally on Monday pushed Treasury yields four to six basis points lower across maturities. Investors will turn their attention to the Federal Reserve’s rate decision Wednesday, with policymakers expected to hold rates steady as the war clouds the outlook.</p>
<div class="lb-trans"><p>在其他方面，周一的债券反弹使国债收益率在各到期日下跌了四到六个基点。投资者将把注意力转向周三美联储的利率决定，预计政策制定者将维持利率不变，因为战争使前景变得不明朗。</p>
</div><p>The Bank of England and the European Central Bank also meet this week. The Reserve Bank of Australia is widely expected to deliver a rate hike in Sydney later Tuesday.</p>
<div class="lb-trans"><p>英国央行和欧洲央行本周也将召开会议。预计澳大利亚储备银行将在周二晚些时候在悉尼加息。</p>
</div><p>“Until that time where the Strait returns to normal operations, risks to energy markets and the global economy will persist,” wrote Kyle Rodda at Capital.com. “The policy response to the crisis will begin to crystallize in the coming days as a massive week of central bank meetings commence.”</p>
<div class="lb-trans"><p>“在霍尔木兹海峡恢复正常运营之前，能源市场和全球经济的风险将持续，” Capital.com 的 Kyle Rodda 写道。“对危机的政策响应将在接下来的几天内开始明确，因为一周内将举行大量央行会议。”</p>
</div>

亚洲股市追随华尔街走高，油价上涨