<p>TradingKey - 受美國與伊朗停火協議持續進展以及以色列與黎巴嫩談判信號等因素的推動，亞太市場的風險偏好持續恢復，亞太股市收盤上漲。</p>
<p><img src="https://imageproxy.pbkrs.com/https://resource.tradingkey.com/uploads/20260410/asia-stock-0310-9b7603997a6f4b8f8c1b8d1ce22b5bcb.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://resource.tradingkey.com/uploads/20260410/asia-stock-0310-9b7603997a6f4b8f8c1b8d1ce22b5bcb.jpg"/></p>
<p>收盤時，日經 225 指數上漲 1.84%，報 56,924.11 點，周漲幅為 7.15%；KOSPI 上漲 1.4%，報 5,858.87 點，周漲幅累計達到 8.96%，為 2021 年 1 月以來最大周漲幅。</p>
<p>此次反彈的催化劑是美國和伊朗雙方在 4 月 8 日最後時刻宣佈停火。</p>
<p>美國總統特朗普在當地時間 7 日晚通過社交媒體宣佈，他同意暫停對伊朗的轟炸和攻擊，為期兩週，前提是伊朗同意全面開放霍爾木茲海峽；雙方定於 4 月 10 日在巴基斯坦首都伊斯蘭堡啓動政治談判。</p>
<p>分析師指出，隨着美國、以色列和伊朗達成停火協議以及霍爾木茲海峽安全通行的恢復，儘管伊朗限制了每日船隻通行，但其立場相比之前的敵對態度有所軟化。市場對能源供應中斷的恐慌情緒部分消退，全球資產定價邏輯從避險優先轉向風險偏好的恢復，推動了廣泛的反彈。</p>
<p>Cumberland Advisors 的聯合創始人 David Kotok 將此次反彈稱為 “霍爾木茲的希望” 反彈。地緣政治風險緩解的消息直接改善了亞太市場的風險偏好。之前的市場衝擊並未改變核心資產的長期價值，日本和韓國股市仍具備上漲韌性。</p>
<p>需要注意的是，此次反彈的可持續性主要取決於停火協議的落實。談判過程中的不確定性仍然存在，亞太市場仍需警惕風險逆轉。隨後，市場將逐漸迴歸基本面驅動。</p>
<p>瞭解更多</p>

2525

韓國 MSCI ETF - iShares

1346

1369

2 倍做空日元 ETF - ProShares

<p>美國與伊朗衝突的緩解導致亞太市場復甦，韓國 KOSPI 指數實現五年來最大周漲幅，上漲 8.96%。日經 225 指數也大幅上漲 7.15%。此次反彈是由於美國與伊朗宣佈停火，改善了風險偏好，減少了市場對能源供應中斷的恐慌。分析師警告稱，這一反彈的可持續性取決於停火的落實和持續的談判，市場預計將回歸基本面</p>

<p>TradingKey - Boosted by factors such as the continued progress of the U.S.-Iran ceasefire agreement and signals from Israel regarding negotiations with Lebanon, risk appetite in Asia-Pacific markets continued to recover, with Asia-Pacific stock markets closing higher.</p>
<div class="lb-trans"><p>TradingKey - 受美國與伊朗停火協議持續進展以及以色列與黎巴嫩談判信號等因素的推動，亞太市場的風險偏好持續恢復，亞太股市收盤上漲。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://resource.tradingkey.com/uploads/20260410/asia-stock-0310-9b7603997a6f4b8f8c1b8d1ce22b5bcb.jpg" alt="" original-src="https://resource.tradingkey.com/uploads/20260410/asia-stock-0310-9b7603997a6f4b8f8c1b8d1ce22b5bcb.jpg"/></p>
<p>At the close, the Nikkei 225 index rose 1.84% to 56,924.11 points, with a weekly gain of 7.15%; the KOSPI rose 1.4% to 5,858.87 points, accumulating a weekly gain of 8.96%, its largest weekly increase since January 2021.</p>
<div class="lb-trans"><p>收盤時，日經 225 指數上漲 1.84%，報 56,924.11 點，周漲幅為 7.15%；KOSPI 上漲 1.4%，報 5,858.87 點，周漲幅累計達到 8.96%，為 2021 年 1 月以來最大周漲幅。</p>
</div><p>The catalyst for this round of the rally was the last-minute announcement of a ceasefire by both the U.S. and Iranian sides on April 8.</p>
<div class="lb-trans"><p>此次反彈的催化劑是美國和伊朗雙方在 4 月 8 日最後時刻宣佈停火。</p>
</div><p>U.S. President Trump announced on social media on the evening of the 7th local time that he agreed to suspend bombings and attacks on Iran for two weeks, provided that Iran agrees to fully open the Strait of Hormuz; both sides are scheduled to launch political negotiations in Islamabad, the capital of Pakistan, on April 10.</p>
<div class="lb-trans"><p>美國總統特朗普在當地時間 7 日晚通過社交媒體宣佈，他同意暫停對伊朗的轟炸和攻擊，為期兩週，前提是伊朗同意全面開放霍爾木茲海峽；雙方定於 4 月 10 日在巴基斯坦首都伊斯蘭堡啓動政治談判。</p>
</div><p>Analysts noted that with the U.S., Israel, and Iran reaching a ceasefire agreement and the restoration of safe passage through the Strait of Hormuz, although Iran has limited daily vessel traffic, its stance has softened compared to previous hostility. Market panic over energy supply disruptions has partially receded, and the logic of global asset pricing has shifted from safe-haven priority to a recovery in risk appetite, driving a broad-based rally.</p>
<div class="lb-trans"><p>分析師指出，隨着美國、以色列和伊朗達成停火協議以及霍爾木茲海峽安全通行的恢復，儘管伊朗限制了每日船隻通行，但其立場相比之前的敵對態度有所軟化。市場對能源供應中斷的恐慌情緒部分消退，全球資產定價邏輯從避險優先轉向風險偏好的恢復，推動了廣泛的反彈。</p>
</div><p>David Kotok, co-founder of Cumberland Advisors, referred to this rally as the &#34;Hope of Hormuz&#34; rally. News of easing geopolitical risks directly improved risk appetite in Asia-Pacific markets. Previous market shocks have not changed the long-term value of core assets, and Japanese and South Korean stock markets still possess upside resilience.</p>
<div class="lb-trans"><p>Cumberland Advisors 的聯合創始人 David Kotok 將此次反彈稱為 “霍爾木茲的希望” 反彈。地緣政治風險緩解的消息直接改善了亞太市場的風險偏好。之前的市場衝擊並未改變核心資產的長期價值，日本和韓國股市仍具備上漲韌性。</p>
</div><p>It should be noted that the sustainability of this rally primarily depends on the implementation of the ceasefire agreement. Uncertainties remain in the negotiation process, and Asia-Pacific markets still need to be wary of risk reversals. Subsequently, the market will gradually return to being driven by fundamentals.</p>
<div class="lb-trans"><p>需要注意的是，此次反彈的可持續性主要取決於停火協議的落實。談判過程中的不確定性仍然存在，亞太市場仍需警惕風險逆轉。隨後，市場將逐漸迴歸基本面驅動。</p>
</div><p>Find out more</p>
<div class="lb-trans"><p>瞭解更多</p>
</div>

美伊衝突的緩解推動了亞太市場的復甦，韓國 Kospi 指數創下五年來最大周漲幅