<p>周三，亚洲股市上涨，此前特朗普总统表示华盛顿可能在未来两天内在巴基斯坦与伊朗举行新一轮谈判，重燃了外交可能遏制最新对抗的希望。</p>
<p>语气的转变帮助缓解了能源市场的压力，油价延续了过夜的跌幅，投资者在经历了波动的开局后重新回归风险资产。</p>
<p>这一缓解措施范围广泛。</p>
<p>MSCI 亚太地区（不包括日本）最广泛的指数上涨 1.5%，达到六周来的最高点，而日本的日经指数上涨 1.2%，更接近近期的历史最高点。</p>
<p>中国蓝筹股上涨 0.5%，香港恒生指数攀升 1.2%，这表明投资者愿意超越眼前的地缘政治冲击，转而关注谈判结果的可能性。</p>
<p><strong>外交希望提振市场情绪</strong></p>
<p>尽管华盛顿在周末对伊朗港口实施封锁，导致与德黑兰核计划的争端加剧，但市场仍受到谈判可能继续进行的迹象的鼓舞。</p>
<p>巴基斯坦和伊朗官员也表示讨论仍然可能进行，帮助投资者至少预期到缓和局势的可能性，尤其是在周一的急剧抛售之后。</p>
<p>“看起来外交得到了喘息的机会，这是积极的，” IIFL 证券的市场分析师 Gaurav Goyal 表示。</p>
<p>“伊朗可能会退让，谈判可能会恢复。”</p>
<p>这一观点帮助支撑了该地区的涨幅，特别是在那些受到油价早期上涨和更广泛冲突风险影响最严重的市场。</p>
<p>日本股市是表现较强的市场之一，反映出随着地缘政治紧张局势缓解，风险情绪有所改善。</p>
<p>这一举动使东京基准指数更接近今年早些时候创下的历史高点，突显出当市场感知到地缘政治紧张局势可能不会导致更深层次的干扰时，情绪可以迅速改善。</p>
<p><strong>油价下跌，通胀担忧缓解</strong></p>
<p>由于交易员担心供应紧张和航运路线受阻，油价在本周早些时候飙升，但随着外交希望的回归，油价开始下跌。</p>
<p>美国原油下跌 0.6%，至每桶约 90.6 美元，而布伦特原油下跌 0.7%，至 94.13 美元。</p>
<p>这一下降是在过夜几乎下跌 5% 之后，表明交易员正在解除一些在能源市场中建立的风险溢价。</p>
<p>油价的回落也帮助平息了对通胀的担忧。</p>
<p>投资者在本周的大部分时间里担心更高的燃料成本会迅速传导到更广泛的价格中，从而使中央银行的前景复杂化。</p>
<p>3 月份生产者价格指数低于预期，进一步增强了这种缓解感，表明管道通胀可能没有像担心的那样加速。</p>
<p>IG 的市场分析师 Tony Sycamore 表示，风险资产的强劲反映出投资者越来越愿意忽视与中东相关的短期波动。</p>
<p>他说，只要持续出现恢复外交的迹象，能源价格应该会缓和，市场的建设性情绪可能会持续。</p>
<p><strong>债券和货币保持克制</strong></p>
<p>债券和货币的波动较为温和。</p>
<p>美元在连续七个交易日下跌后企稳，交易在 158.9 日元左右，而欧元则在 1.1791 美元附近变化不大，保持在近期高位附近。</p>
<p>在利率方面，尽管股市反弹，美国国债收益率仍有所下降，投资者保持了一定的安全资产敞口。</p>
<p>10 年期美国国债收益率略微下降至约 4.24%，而长期收益率也有所下滑。</p>
<p>这表明，尽管市场情绪有所改善，但投资者尚未完全准备好放弃防御性头寸。</p>
<p><strong>风险仍然受到关注</strong></p>
<p>尽管语气有所改善，但风险并未消失。</p>
<p>华盛顿与德黑兰之间的对峙继续威胁关键的石油出口路线，而国际货币基金组织对全球经济增长前景的最新下调提醒人们，整体经济背景已经脆弱。</p>
<p>亚洲股市受到油价下跌和外交希望重燃的启发，但反弹的持久性将取决于这些信号是否转化为更具体的结果。</p>
<p>如果谈判确实进行，能源价格继续回落，市场可能会延续反弹。</p>
<p>如果没有，最新的股市上涨可能会证明只是一个短暂的缓解，在已经动荡的季度中再度出现。</p>

3110

3189

2809

<p>亚洲股市在周三大幅上涨，日本日经 225 指数上涨 1.2%，接近其历史高点，此次上涨是由于特朗普总统宣布可能与伊朗进行会谈。MSCI 亚太指数上涨 1.5%，反映出在油价回落和通胀担忧减轻的背景下，投资者情绪改善。尽管地缘政治紧张局势依然存在，分析师认为，重新启动外交关系可能会稳定市场。然而，风险依然存在，包括华盛顿与德黑兰之间的对峙，以及国际货币基金组织下调的全球增长前景，这可能会影响此次反弹的可持续性</p>

<p>Asian stocks rose on Wednesday after President Donald Trump said Washington could hold fresh talks with Iran in Pakistan within the next two days, reviving hopes that diplomacy may yet contain the latest confrontation.</p>
<div class="lb-trans"><p>周三，亚洲股市上涨，此前特朗普总统表示华盛顿可能在未来两天内在巴基斯坦与伊朗举行新一轮谈判，重燃了外交可能遏制最新对抗的希望。</p>
</div><p>The shift in tone helped ease pressure across energy markets, with oil extending overnight losses and investors returning to risk assets after a volatile start to the week.</p>
<div class="lb-trans"><p>语气的转变帮助缓解了能源市场的压力，油价延续了过夜的跌幅，投资者在经历了波动的开局后重新回归风险资产。</p>
</div><p>The relief move was broad.</p>
<div class="lb-trans"><p>这一缓解措施范围广泛。</p>
</div><p>MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.5% to a six-week high, while Japan’s Nikkei advanced 1.2%, moving closer to its recent record peak.</p>
<div class="lb-trans"><p>MSCI 亚太地区（不包括日本）最广泛的指数上涨 1.5%，达到六周来的最高点，而日本的日经指数上涨 1.2%，更接近近期的历史最高点。</p>
</div><p>Chinese blue chips added 0.5% and Hong Kong’s Hang Seng climbed 1.2%, suggesting investors were willing to look beyond the immediate geopolitical shock and focus instead on the possibility of a negotiated outcome.</p>
<div class="lb-trans"><p>中国蓝筹股上涨 0.5%，香港恒生指数攀升 1.2%，这表明投资者愿意超越眼前的地缘政治冲击，转而关注谈判结果的可能性。</p>
</div><p><strong>Diplomacy hopes lift sentiment</strong></p>
<div class="lb-trans"><p><strong>外交希望提振市场情绪</strong></p>
</div><p>Markets were encouraged by signs that talks may still go ahead even after Washington imposed a blockade on Iranian ports over the weekend in a worsening dispute over Tehran’s nuclear programme.</p>
<div class="lb-trans"><p>尽管华盛顿在周末对伊朗港口实施封锁，导致与德黑兰核计划的争端加剧，但市场仍受到谈判可能继续进行的迹象的鼓舞。</p>
</div><p>Pakistani and Iranian officials also indicated that discussions could still take place, helping investors to price in at least the prospect of de-escalation after Monday’s sharp sell-off.</p>
<div class="lb-trans"><p>巴基斯坦和伊朗官员也表示讨论仍然可能进行，帮助投资者至少预期到缓和局势的可能性，尤其是在周一的急剧抛售之后。</p>
</div><p>“It looks like diplomacy has been given a reprieve and it is positive,” Gaurav Goyal, a market analyst at IIFL Securities, said.</p>
<div class="lb-trans"><p>“看起来外交得到了喘息的机会，这是积极的，” IIFL 证券的市场分析师 Gaurav Goyal 表示。</p>
</div><p>“Iran may back off and negotiations could be revived.”</p>
<div class="lb-trans"><p>“伊朗可能会退让，谈判可能会恢复。”</p>
</div><p>That view helped underpin gains across the region, particularly in markets that had been hit hardest by the earlier jump in oil and the risk of a wider conflict.</p>
<div class="lb-trans"><p>这一观点帮助支撑了该地区的涨幅，特别是在那些受到油价早期上涨和更广泛冲突风险影响最严重的市场。</p>
</div><p>Japanese shares were among the stronger performers, reflecting improved risk sentiment as geopolitical tensions showed signs of easing.</p>
<div class="lb-trans"><p>日本股市是表现较强的市场之一，反映出随着地缘政治紧张局势缓解，风险情绪有所改善。</p>
</div><p>The move pushed Tokyo’s benchmark closer to its record high reached earlier this year, underlining how quickly sentiment can improve when markets sense geopolitical tensions may stop short of a deeper disruption.</p>
<div class="lb-trans"><p>这一举动使东京基准指数更接近今年早些时候创下的历史高点，突显出当市场感知到地缘政治紧张局势可能不会导致更深层次的干扰时，情绪可以迅速改善。</p>
</div><p><strong>Oil falls and inflation fears ease</strong></p>
<div class="lb-trans"><p><strong>油价下跌，通胀担忧缓解</strong></p>
</div><p>Oil prices, which had surged earlier in the week as traders feared tighter supply and disrupted shipping routes, moved lower as diplomatic hopes returned.</p>
<div class="lb-trans"><p>由于交易员担心供应紧张和航运路线受阻，油价在本周早些时候飙升，但随着外交希望的回归，油价开始下跌。</p>
</div><p>US crude fell 0.6% to around $90.6 a barrel, while Brent lost 0.7% to $94.13.</p>
<div class="lb-trans"><p>美国原油下跌 0.6%，至每桶约 90.6 美元，而布伦特原油下跌 0.7%，至 94.13 美元。</p>
</div><p>The decline followed an almost 5% drop overnight, a sign that traders were unwinding some of the risk premium built into energy markets.</p>
<div class="lb-trans"><p>这一下降是在过夜几乎下跌 5% 之后，表明交易员正在解除一些在能源市场中建立的风险溢价。</p>
</div><p>That retreat in oil also helped calm concerns about inflation.</p>
<div class="lb-trans"><p>油价的回落也帮助平息了对通胀的担忧。</p>
</div><p>Investors had spent much of the week worrying that higher fuel costs would feed rapidly into broader prices and complicate the outlook for central banks.</p>
<div class="lb-trans"><p>投资者在本周的大部分时间里担心更高的燃料成本会迅速传导到更广泛的价格中，从而使中央银行的前景复杂化。</p>
</div><p>A softer-than-expected March producer price reading added to that sense of relief, suggesting pipeline inflation may not be accelerating as quickly as feared.</p>
<div class="lb-trans"><p>3 月份生产者价格指数低于预期，进一步增强了这种缓解感，表明管道通胀可能没有像担心的那样加速。</p>
</div><p>Tony Sycamore, market analyst at IG, said the strength in risk assets reflected a growing willingness among investors to look through the immediate volatility tied to the Middle East.</p>
<div class="lb-trans"><p>IG 的市场分析师 Tony Sycamore 表示，风险资产的强劲反映出投资者越来越愿意忽视与中东相关的短期波动。</p>
</div><p>As long as signs of renewed diplomacy continue to emerge, he said, energy prices should ease and the more constructive market mood could continue.</p>
<div class="lb-trans"><p>他说，只要持续出现恢复外交的迹象，能源价格应该会缓和，市场的建设性情绪可能会持续。</p>
</div><p><strong>Bonds and currencies stay restrained</strong></p>
<div class="lb-trans"><p><strong>债券和货币保持克制</strong></p>
</div><p>Moves in bonds and currencies were more measured.</p>
<div class="lb-trans"><p>债券和货币的波动较为温和。</p>
</div><p>The dollar steadied after seven consecutive sessions of losses, trading around 158.9 yen, while the euro was little changed at $1.1791, holding near recent highs.</p>
<div class="lb-trans"><p>美元在连续七个交易日下跌后企稳，交易在 158.9 日元左右，而欧元则在 1.1791 美元附近变化不大，保持在近期高位附近。</p>
</div><p>In rates, US Treasury yields dipped as investors maintained some exposure to safer assets even as equities rallied.</p>
<div class="lb-trans"><p>在利率方面，尽管股市反弹，美国国债收益率仍有所下降，投资者保持了一定的安全资产敞口。</p>
</div><p>The yield on the 10-year US Treasury note eased slightly to around 4.24%, while longer-dated yields also edged lower.</p>
<div class="lb-trans"><p>10 年期美国国债收益率略微下降至约 4.24%，而长期收益率也有所下滑。</p>
</div><p>That suggested some caution remained beneath the surface, with investors not yet prepared to abandon defensive positions entirely.</p>
<div class="lb-trans"><p>这表明，尽管市场情绪有所改善，但投资者尚未完全准备好放弃防御性头寸。</p>
</div><p><strong>Risks remain in focus</strong></p>
<div class="lb-trans"><p><strong>风险仍然受到关注</strong></p>
</div><p>For all the improved tone, the risks have not disappeared.</p>
<div class="lb-trans"><p>尽管语气有所改善，但风险并未消失。</p>
</div><p>The stand-off between Washington and Tehran continues to threaten key oil export routes, while the International Monetary Fund’s latest downgrade to the global growth outlook offered a reminder that the broader economic backdrop is already fragile.</p>
<div class="lb-trans"><p>华盛顿与德黑兰之间的对峙继续威胁关键的石油出口路线，而国际货币基金组织对全球经济增长前景的最新下调提醒人们，整体经济背景已经脆弱。</p>
</div><p>Asian equities took their cue from lower oil prices and renewed diplomacy hopes, but the durability of the rally will depend on whether those signals turn into something more concrete.</p>
<div class="lb-trans"><p>亚洲股市受到油价下跌和外交希望重燃的启发，但反弹的持久性将取决于这些信号是否转化为更具体的结果。</p>
</div><p>If talks do go ahead and energy prices continue to retreat, markets may extend their rebound.</p>
<div class="lb-trans"><p>如果谈判确实进行，能源价格继续回落，市场可能会延续反弹。</p>
</div><p>If not, the latest rise in stocks could prove to be another short-lived burst of relief in an already unsettled quarter.</p>
<div class="lb-trans"><p>如果没有，最新的股市上涨可能会证明只是一个短暂的缓解，在已经动荡的季度中再度出现。</p>
</div>

Nikkei 225 jumps near record as Asian Markets rally on Iran talk hopes

Invezz

Nitto Boseki Co., Ltd.

ANAP Inc.

Kewpie Corporation

Rasa Corporation

Yutaka Foods Corporation

Soliton Systems K.K.

Tokai Holdings Corporation

Tokyo Ichiban Foods Co., Ltd.

JFLA Holdings, Inc.

Yamami Co.

BlackRock, Inc.

2 倍做空日圓 ETF - ProShares

日经 225 指数接近创纪录高位，亚洲市场因对伊朗谈判的希望而上涨