<p>亞洲股市在開盤時上漲，因對更多油輪能夠通過霍爾木茲海峽的樂觀情緒提振了華爾街的指標。</p>
<p>日本、韓國和澳大利亞的股市開盤走高，推動 MSCI 亞太指數上漲 0.8%。美元在經歷了一個多月以來最大跌幅後保持穩定，而國債幾乎沒有變化，因為週一油價的下跌緩解了通脹擔憂。</p>
<p>然而，布倫特原油在週二早些時候上漲至約每桶 102 美元，反彈自前一交易日的 2.8% 跌幅。美國股指期貨也略顯疲軟，暗示本週初的樂觀情緒可能開始減退。</p>
<p>風險偏好也因預計主要經濟體可能釋放石油儲備以抵消潛在供應中斷而得到提振，此前特朗普總統重申呼籲盟友幫助保障霍爾木茲海峽的安全。對這一重要航道流動的威脅繼續加劇通脹擔憂，投資者為本週的一系列央行會議做好準備。</p>
<p>“隨着與伊朗的戰爭持續，油價正在主導市場情緒，霍爾木茲海峽的頭條新聞正在推動市場，” BNY 的市場戰略與洞察負責人 Bob Savage 寫道。“本週的擔憂圍繞着央行如何看待這些問題。”</p>
<p>週一，標準普爾 500 指數錄得自 2 月份以來的最佳表現，科技股領漲。英偉達公司在表示預計到 2027 年底將從人工智能芯片中產生至少 1 萬億美元的收入後，股價上漲 1.7%。</p>
<p>特朗普對其他國家在他呼籲確保船隻能夠通過海峽的問題上至今仍未表態表示不滿。</p>
<p>週一晚些時候，他表示已請求中國——他所尋求支持的國家之一——將與習近平的峯會推遲約一個月，稱他需要留在華盛頓以監督戰爭。</p>
<p>“美國與中國的會議可能推遲一個月，也可能被視為與伊朗的戰爭可能比預期拖得更久的跡象，” 野村資產管理的首席策略師 Hideyuki Ishiguro 表示。“這將對股市造成壓力。”</p>
<p>與此同時，國際能源署最近同意創紀錄地釋放緊急儲備，並表示如果需要，仍有更多儲備可以釋放。</p>
<p>當被問及是否有任何工具可以緩解油價上漲——除了緊急儲備——財政部長 Scott Bessent 在接受 CNBC 採訪時表示，這將取決於戰爭持續的時間。Bessent 指出，幾個月後油價 “可能會遠低於” 80 美元。</p>
<p>霍爾木茲海峽的有效關閉迫使阿聯酋和科威特等國進一步減少石油產量。不過，仍有少量船隻開始找到通過這一水道的方式。</p>
<p>日元也受到關注，逐漸逼近每美元 160 日元的關口，反映出投資者對該國對進口能源的高度依賴的擔憂。交易員預計日本央行將在本週晚些時候的政策會議上維持利率不變，預計只有在 7 月份才會加息 25 個基點。</p>
<p>“現在日元將達到 160，除非日本央行加息，否則無法阻止這種貶值，” Alpha Binwani Capital 的創始人 Ashwin Binwani 表示，他對日元兑美元持看空態度。“如果油價在接下來的三個月內不下降，日元將達到 165。”</p>
<p>在其他方面，週一的債券反彈使國債收益率在各到期日下跌了四到六個基點。投資者將把注意力轉向週三美聯儲的利率決定，預計政策制定者將維持利率不變，因為戰爭使前景變得不明朗。</p>
<p>英國央行和歐洲央行本週也將召開會議。預計澳大利亞儲備銀行將在週二晚些時候在悉尼加息。</p>
<p>“在霍爾木茲海峽恢復正常運營之前，能源市場和全球經濟的風險將持續，” Capital.com 的 Kyle Rodda 寫道。“對危機的政策響應將在接下來的幾天內開始明確，因為一週內將舉行大量央行會議。”</p>

煉油公司指數 ETF - VanEck Vectors

美國布倫特原油期貨基金

標普全球能源股指數 ETF - iShares

<p>亞洲股市因對霍爾木茲海峽油輪通行的樂觀情緒而上漲，推動了華爾街指數。MSCI 亞太指數上漲了 0.8%。油價反彈，布倫特原油價格達到每桶 102 美元。儘管地緣政治緊張局勢持續，中央銀行在會議前仍對通脹表示擔憂。標準普爾 500 指數創下自 2 月份以來的最佳表現，科技股推動了這一增長。日元接近每美元 160，反映出對能源進口的依賴，而在美聯儲利率決策前，債券收益率下跌。本週預計將有中央銀行對危機作出回應</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>亞洲股市在開盤時上漲，因對更多油輪能夠通過霍爾木茲海峽的樂觀情緒提振了華爾街的指標。</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、韓國和澳大利亞的股市開盤走高，推動 MSCI 亞太指數上漲 0.8%。美元在經歷了一個多月以來最大跌幅後保持穩定，而國債幾乎沒有變化，因為週一油價的下跌緩解了通脹擔憂。</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，布倫特原油在週二早些時候上漲至約每桶 102 美元，反彈自前一交易日的 2.8% 跌幅。美國股指期貨也略顯疲軟，暗示本週初的樂觀情緒可能開始減退。</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>風險偏好也因預計主要經濟體可能釋放石油儲備以抵消潛在供應中斷而得到提振，此前特朗普總統重申呼籲盟友幫助保障霍爾木茲海峽的安全。對這一重要航道流動的威脅繼續加劇通脹擔憂，投資者為本週的一系列央行會議做好準備。</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>“隨着與伊朗的戰爭持續，油價正在主導市場情緒，霍爾木茲海峽的頭條新聞正在推動市場，” BNY 的市場戰略與洞察負責人 Bob Savage 寫道。“本週的擔憂圍繞着央行如何看待這些問題。”</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>週一，標準普爾 500 指數錄得自 2 月份以來的最佳表現，科技股領漲。英偉達公司在表示預計到 2027 年底將從人工智能芯片中產生至少 1 萬億美元的收入後，股價上漲 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>特朗普對其他國家在他呼籲確保船隻能夠通過海峽的問題上至今仍未表態表示不滿。</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>週一晚些時候，他表示已請求中國——他所尋求支持的國家之一——將與習近平的峯會推遲約一個月，稱他需要留在華盛頓以監督戰爭。</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>“美國與中國的會議可能推遲一個月，也可能被視為與伊朗的戰爭可能比預期拖得更久的跡象，” 野村資產管理的首席策略師 Hideyuki Ishiguro 表示。“這將對股市造成壓力。”</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>與此同時，國際能源署最近同意創紀錄地釋放緊急儲備，並表示如果需要，仍有更多儲備可以釋放。</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>當被問及是否有任何工具可以緩解油價上漲——除了緊急儲備——財政部長 Scott Bessent 在接受 CNBC 採訪時表示，這將取決於戰爭持續的時間。Bessent 指出，幾個月後油價 “可能會遠低於” 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>霍爾木茲海峽的有效關閉迫使阿聯酋和科威特等國進一步減少石油產量。不過，仍有少量船隻開始找到通過這一水道的方式。</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>日元也受到關注，逐漸逼近每美元 160 日元的關口，反映出投資者對該國對進口能源的高度依賴的擔憂。交易員預計日本央行將在本週晚些時候的政策會議上維持利率不變，預計只有在 7 月份才會加息 25 個基點。</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>“現在日元將達到 160，除非日本央行加息，否則無法阻止這種貶值，” Alpha Binwani Capital 的創始人 Ashwin Binwani 表示，他對日元兑美元持看空態度。“如果油價在接下來的三個月內不下降，日元將達到 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，週一的債券反彈使國債收益率在各到期日下跌了四到六個基點。投資者將把注意力轉向週三美聯儲的利率決定，預計政策制定者將維持利率不變，因為戰爭使前景變得不明朗。</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>英國央行和歐洲央行本週也將召開會議。預計澳大利亞儲備銀行將在週二晚些時候在悉尼加息。</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>“在霍爾木茲海峽恢復正常運營之前，能源市場和全球經濟的風險將持續，” Capital.com 的 Kyle Rodda 寫道。“對危機的政策響應將在接下來的幾天內開始明確，因為一週內將舉行大量央行會議。”</p>
</div>

亞洲股市追隨華爾街走高，油價上漲