{"id":3491,"date":"2025-12-30T15:12:05","date_gmt":"2025-12-30T04:12:05","guid":{"rendered":"https:\/\/www.amillex.com\/?p=3491"},"modified":"2025-12-30T15:12:24","modified_gmt":"2025-12-30T04:12:24","slug":"amillex-daily-market-commentary-year-end-profit-taking-triggers-metal-volatility-and-risk-asset-retrenchment","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/ja\/2025\/12\/30\/amillex-daily-market-commentary-year-end-profit-taking-triggers-metal-volatility-and-risk-asset-retrenchment\/","title":{"rendered":"\u30a2\u30df\u30ec\u30c3\u30af\u30b9\u65e5\u520a\u5e02\u5834\u89e3\u8aac | \u5e74\u672b\u306e\u5229\u76ca\u78ba\u5b9a\u304c\u91d1\u5c5e\u4fa1\u683c\u306e\u5909\u52d5\u3068\u30ea\u30b9\u30af\u8cc7\u7523\u306e\u7e2e\u5c0f\u3092\u5f15\u304d\u8d77\u3053\u3059\u00a0"},"content":{"rendered":"

2025\u5e7412\u670830\u65e5\u3002 <\/strong>\u5e74\u672b\u5546\u6226\u304c\u30db\u30ea\u30c7\u30fc\u30b7\u30fc\u30ba\u30f3\u306e\u4f4e\u8ff7\u671f\u306b\u5165\u308b\u306b\u3064\u308c\u3001\u5e02\u5834\u306e\u4e3b\u306a\u30c6\u30fc\u30de\u306f\u300c\u4f4e\u51fa\u6765\u9ad8\uff0b\u77ed\u671f\u7684\u306a\u5229\u76ca\u78ba\u5b9a\u300d\u3078\u3068\u79fb\u884c\u3057\u307e\u3057\u305f\u3002\u30ea\u30b9\u30af\u8cc7\u7523\u306f\u5148\u9031\u306e\u4e0a\u6607\u3092\u53d7\u3051\u3066\u77ed\u671f\u7684\u306a\u8abf\u6574\u5c40\u9762\u3092\u8fce\u3048\u307e\u3057\u305f\u304c\u3001\u7c73\u30c9\u30eb\u6307\u6570\u306f4\u65e5\u9023\u7d9a\u3067\u30ec\u30f3\u30b8\u76f8\u5834\u3092\u7dad\u6301\u3057\u3066\u304a\u308a\u3001\u30ea\u30b9\u30af\u9078\u597d\u5ea6\u304c\u307e\u3060\u5168\u4f53\u7684\u306b\u4f4e\u4e0b\u3057\u3066\u3044\u306a\u3044\u3053\u3068\u3092\u793a\u5506\u3057\u3066\u3044\u307e\u3059\u3002\u4e00\u65b9\u3001\u8cb4\u91d1\u5c5e\u306f\u6708\u66dc\u65e5\u306b\u6fc0\u3057\u3044\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u3092\u8a18\u9332\u3057\u3001\u9ad8\u5024\u66f4\u65b0\u5f8c\u306b\u5927\u5e45\u306a\u4e0b\u843d\u3068\u306a\u308a\u307e\u3057\u305f\u3002\u3053\u308c\u306f\u3001\u53d6\u5f15\u6240\u306b\u3088\u308b\u8a3c\u62e0\u91d1\u8981\u4ef6\u306e\u5f15\u304d\u4e0a\u3052\u3084\u3001\u904e\u5270\u306b\u4fdd\u6709\u3057\u305f\u30dd\u30b8\u30b7\u30e7\u30f3\u306e\u5f37\u5236\u7684\u306a\u6e05\u7b97\u306b\u3088\u308b\u5024\u4e0b\u304c\u308a\u304c\u4e00\u56e0\u3068\u306a\u3063\u3066\u304a\u308a\u3001\u30db\u30ea\u30c7\u30fc\u30b7\u30fc\u30ba\u30f3\u306e\u6d41\u52d5\u6027\u4e0d\u8db3\u304c\u4fa1\u683c\u5909\u52d5\u306e\u898f\u6a21\u3092\u5897\u5e45\u3055\u305b\u3066\u3044\u307e\u3059\u3002\u7c73\u30c9\u30eb\u6307\u6570\u306f98\u8fd1\u8fba\u3067\u306e\u30ec\u30f3\u30b8\u76f8\u5834\u3067\u63a8\u79fb\u3057\u3066\u304a\u308a\u3001\u5e02\u5834\u306e\u7126\u70b9\u306f\u5e74\u672b\u306e\u6d41\u52d5\u6027\u3001CME\u306e\u8a3c\u62e0\u91d1\u8abf\u6574\u3001\u305d\u3057\u30662026\u5e74\u306e\u91d1\u5229\u898b\u901a\u3057\u306b\u4f9d\u7136\u3068\u3057\u3066\u96c6\u4e2d\u3057\u3066\u3044\u307e\u3059\u3002 <\/p>\n\n\n\n

<\/div>\n\n\n\n

\u8cc7\u7523\u30af\u30e9\u30b9\u5225\u306e\u5e02\u5834\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3068\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u5206\u6790<\/strong> <\/p>\n\n\n\n

1. \u7c73\u56fd\u682a\u5f0f\u5e02\u5834<\/strong> <\/p>\n\n\n\n

\u30a4\u30f3\u30c7\u30c3\u30af\u30b9\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9:<\/strong> \u5e02\u5834\u304c\u5b88\u52e2\u7684\u306a\u52d5\u304d\u3092\u898b\u305b\u305f\u305f\u3081\u3001\u7c73\u56fd\u306e\u4e3b\u89813\u6307\u6570\u306f\u5c0f\u5e45\u4e0b\u843d\u3057\u305f\u3002S&P 500\u306f\u7d040.35%\u3001\u30ca\u30b9\u30c0\u30c3\u30af\u306f\u7d040.46%\u3001\u30c0\u30a6\u5de5\u696d\u682a30\u7a2e\u5e73\u5747\u306f\u7d040.5%\u4e0b\u843d\u3057\u3066\u5f15\u3051\u305f\u3002\u7c73\u56fd\u682a\u306f\u5e74\u521d\u6765\u3067\u5927\u5e45\u306b\u4e0a\u6607\u3057\u3066\u3044\u308b\u3082\u306e\u306e\u3001\u672c\u65e5\u306e\u52d5\u304d\u306f\u300c\u65b0\u5e74\u524d\u306e\u5229\u76ca\u78ba\u5b9a\u58f2\u308a\u300d\u304c\u7279\u5fb4\u7684\u3060\u3063\u305f\u3002 <\/p>\n\n\n\n

\u682a\u5f0f\u30d5\u30a9\u30fc\u30ab\u30b9:<\/strong> \u30c6\u30b9\u30e9\uff08TSLA\uff09\u306f\u6708\u66dc\u65e5\u306b\u7d043.3%\u4e0b\u843d\u3057\u3001\u6642\u4fa1\u7dcf\u984d\u306f\u7d04$38\u5104\u30c9\u30eb\uff08\u4e0b\u843d\u7387\u304b\u3089\u63a8\u5b9a\uff09\u6e1b\u5c11\u3057\u307e\u3057\u305f\u3002\u4e0b\u843d\u8981\u56e0\u3068\u3057\u3066\u306f\u3001\u6d88\u8cbb\u91cf\u3068\u7d0d\u8eca\u30c7\u30fc\u30bf\u306b\u95a2\u3059\u308b\u671f\u5f85\u611f\u3001\u305d\u3057\u3066\u682a\u4fa1\u8abf\u6574\u306b\u5bfe\u3059\u308b\u5e02\u5834\u306e\u654f\u611f\u3055\u306a\u3069\u304c\u6319\u3052\u3089\u308c\u307e\u3059\u3002 <\/p>\n\n\n\n

<\/div>\n\n\n\n

2. \u5916\u56fd\u70ba\u66ff\u5e02\u5834:<\/strong> <\/p>\n\n\n\n

    \n
  • \u7c73\u30c9\u30eb\u6307\u6570\uff08DXY\uff09\u306f\u3001\u6982\u306d\u300c\u30a4\u30f3\u30d5\u30ec\u306e\u920d\u5316\uff0b\u5e74\u672b\u306e\u30ea\u30b9\u30af\u9078\u597d\u306e\u56de\u5fa9\u300d\u3068\u3044\u30462\u3064\u306e\u8981\u56e0\u306e\u5f71\u97ff\u3092\u53d7\u3051\u300198.0\u524d\u5f8c\u3067\u5c0f\u5e45\u306a\u5909\u52d5\u3092\u7dad\u6301\u3057\u305f\u3002\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n
      \n
    • EUR\/USD\u306f1.175\uff5e1.178\u306e\u7bc4\u56f2\u3067\u63a8\u79fb\u3057\u3001\u65e5\u4e2d\u306e\u5909\u52d5\u306f\u9650\u5b9a\u7684\u3067\u3042\u3063\u305f\u3082\u306e\u306e\u3001\u30e6\u30fc\u30ed\u306f\u30c9\u30eb\u306b\u5bfe\u3057\u3066\u5c0f\u5e45\u306a\u4e0a\u6607\u307e\u305f\u306f\u5024\u56fa\u3081\u3092\u898b\u305b\u305f\u3002\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n
        \n
      • USD\/JPY\u306f156.0\uff5e156.5\u306e\u30ec\u30f3\u30b8\u3067\u53d6\u5f15\u3055\u308c\u305f\u3002\u5186\u306f\u4f9d\u7136\u3068\u3057\u3066\u6bd4\u8f03\u7684\u5f31\u542b\u307f\u3060\u304c\u3001\u672c\u65e5\u306f\u5927\u304d\u306a\u5909\u52d5\u306f\u898b\u3089\u308c\u306a\u304b\u3063\u305f\u3002\u5186\u304c\u5f15\u304d\u7d9a\u304d\u5727\u529b\u306b\u3055\u3089\u3055\u308c\u308b\u5834\u5408\u3001\u65e5\u9280\u306e\u30b3\u30e1\u30f3\u30c8\u3068\u56fd\u969b\u8cc7\u672c\u30d5\u30ed\u30fc\u306b\u6ce8\u610f\u3059\u308b\u5fc5\u8981\u304c\u3042\u308b\u3002\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n
          \n
        • GBP\/USD\u306f1.347\uff5e1.352\u4ed8\u8fd1\u3067\u63a8\u79fb\u3057\u3001\u30dd\u30f3\u30c9\u306f\u6bd4\u8f03\u7684\u5b89\u5b9a\u3057\u3066\u63a8\u79fb\u3057\u3001\u6708\u6b21\u306e\u30ec\u30f3\u30b8\u5185\u3067\u306e\u63a8\u79fb\u3092\u7dad\u6301\u3057\u305f\u3002\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n
          <\/div>\n\n\n\n

          3. \u8cb4\u91d1\u5c5e\u304a\u3088\u3073\u5546\u54c1<\/strong> <\/p>\n\n\n\n

          \u8cb4\u91d1\u5c5e: <\/strong> <\/p>\n\n\n\n

            \n
          • \u30b9\u30dd\u30c3\u30c8\u91d1\uff08XAUUSD\uff09\u306f\u3001\u8a18\u9332\u7684\u306a\u9ad8\u5024\u3092\u66f4\u65b0\u3057\u305f\u5f8c\u3001\u53cd\u843d\u3057\u3001\u4e00\u6642\u306f\u6700\u9ad8\u5024\u304b\u3089$250\u8fd1\u304f\u4e0b\u843d\u3057\u307e\u3057\u305f\u3002\u3053\u308c\u306f\u7570\u4f8b\u306e\u6975\u7aef\u306a\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u3067\u3059\u3002\u53d6\u5f15\u6240\u3084\u30d6\u30ed\u30fc\u30ab\u30fc\u304c\u5f15\u304d\u7d9a\u304d\u9ad8\u3044\u8a3c\u62e0\u91d1\u57fa\u6e96\u3092\u7dad\u6301\u3057\u305f\u5834\u5408\u3001\u77ed\u671f\u7684\u306a\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u306f\u7d99\u7d9a\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n
              \n
            • \u30b9\u30dd\u30c3\u30c8\u9280\uff08XAGUSD\uff09\u306f\u7279\u306b\u6fc0\u3057\u3044\u5909\u52d5\u3092\u898b\u305b\u3001\u4e00\u6642\u306f1\u30aa\u30f3\u30b9\u3042\u305f\u308a\u7d04$84\u3068\u3044\u3046\u53f2\u4e0a\u6700\u9ad8\u5024\u304b\u30891\u30aa\u30f3\u30b9\u3042\u305f\u308a\u7d04$70\u307e\u3067\u4e0b\u843d\u3057\u307e\u3057\u305f\u3002\u5168\u4f53\u3068\u3057\u3066\u3001\u9280\u306e\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u306f\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\uff08\u9271\u5c71\u4f9b\u7d66\u306e\u903c\u8feb\u3068\u3001\u592a\u967d\u5149\u767a\u96fb\u3084\u30c7\u30fc\u30bf\u30bb\u30f3\u30bf\u30fc\u3092\u4e2d\u5fc3\u3068\u3057\u305f\u7523\u696d\u9700\u8981\u306e\u5897\u52a0\uff09\u306b\u652f\u3048\u3089\u308c\u3066\u3044\u307e\u3059\u304c\u3001\u30c6\u30af\u30cb\u30ab\u30eb\u8981\u56e0\u3084\u8cc7\u672c\u6d41\u5165\u306e\u5f71\u97ff\u3082\u52a0\u308f\u3063\u3066\u3055\u3089\u306b\u4e0a\u6607\u3057\u3066\u3044\u307e\u3059\u3002\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n

              \u63a8\u9032\u8981\u56e0:<\/strong> \u5e02\u5834\u30a2\u30ca\u30ea\u30b9\u30c8\u306f\u3001CME\u306a\u3069\u306e\u53d6\u5f15\u6240\u304c\u8a3c\u62e0\u91d1\u3092\u5f15\u304d\u4e0a\u3052\u305f\u3053\u3068\u3067\u3001\u30ec\u30d0\u30ec\u30c3\u30b8\u30dd\u30b8\u30b7\u30e7\u30f3\u306e\u7e2e\u5c0f\u3092\u4f59\u5100\u306a\u304f\u3055\u308c\u3001\u77ed\u671f\u7684\u306a\u6e05\u7b97\u3068\u4fa1\u683c\u306e\u4e0b\u843d\u304c\u60aa\u5316\u3057\u305f\u3068\u307f\u3066\u3044\u307e\u3059\u3002\u8cb4\u91d1\u5c5e\u4fa1\u683c\u306f\u4eca\u5e74\u6025\u9a30\u3057\u305f\u3082\u306e\u306e\u3001\u6d41\u52d5\u6027\u306e\u4f4e\u4e0b\u3068\u5e74\u672b\u5e74\u59cb\u5f8c\u306e\u8a3c\u62e0\u91d1\u8abf\u6574\u304c\u77ed\u671f\u7684\u306a\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u4e0a\u6607\u306e\u30ea\u30b9\u30af\u3068\u306a\u3063\u3066\u3044\u308b\u3068\u3044\u3046\u306e\u304c\u4e00\u822c\u7684\u306a\u898b\u65b9\u3067\u3059\u3002 <\/p>\n\n\n\n

              <\/div>\n\n\n\n

              \u5546\u54c1: <\/strong> <\/p>\n\n\n\n

                \n
              • WTI\u539f\u6cb9\u306f\u5730\u653f\u5b66\u7684\u61f8\u5ff5\u3084\u4f9b\u7d66\u61f8\u5ff5\u306b\u652f\u3048\u3089\u308c\u77ed\u671f\u7684\u306b\u4e0a\u6607\u3057\u3001\u4fa1\u683c\u306f$58\u524d\u5f8c\u307e\u3067\u56de\u5fa9\u3057\u3001\u30a8\u30cd\u30eb\u30ae\u30fc\u90e8\u9580\u306e\u696d\u7e3e\u3092\u62bc\u3057\u4e0a\u3052\u305f\u3002\u00a0<\/li>\n<\/ul>\n\n\n\n
                <\/div>\n\n\n\n

                4. \u4eca\u65e5\u306e\u7126\u70b9<\/strong> <\/p>\n\n\n\n

                  \n
                • \u4eca\u65e5\u306f\u6ce8\u76ee\u3059\u3079\u304d\u5927\u304d\u306a\u30c7\u30fc\u30bf\u767a\u8868\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u00a0<\/li>\n<\/ul>\n\n\n\n
                  <\/div>\n\n\n\n

                  <\/p>","protected":false},"excerpt":{"rendered":"

                  December 30, 2025. As year-end trading enters the holiday doldrums, the market’s main theme has shifted to “low volume + short-term profit-taking.” Risk assets experienced a short-term correction following last week\u2019s strength, while the US Dollar Index maintained its range for a fourth consecutive day, suggesting that overall risk appetite has not yet collapsed. Meanwhile, precious metals saw extreme volatility on Monday, witnessing a significant retreat after hitting consecutive highs. This was partially driven by a squeeze resulting from exchanges raising margin requirements and forced liquidations of overextended positions, with thin holiday liquidity amplifying the magnitude of the price swings. The US Dollar Index remains range-bound near 98, as the market\u2019s core focus remains on year-end liquidity, CME margin adjustments, and expectations […]<\/p>\n","protected":false},"author":7,"featured_media":3492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[8],"tags":[],"class_list":["post-3491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts\/3491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/comments?post=3491"}],"version-history":[{"count":2,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts\/3491\/revisions"}],"predecessor-version":[{"id":3494,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/posts\/3491\/revisions\/3494"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/media\/3492"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/media?parent=3491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/categories?post=3491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/ja\/wp-json\/wp\/v2\/tags?post=3491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}