{"id":3498,"date":"2025-12-31T14:37:24","date_gmt":"2025-12-31T03:37:24","guid":{"rendered":"https:\/\/www.amillex.com\/?p=3498"},"modified":"2025-12-31T14:37:26","modified_gmt":"2025-12-31T03:37:26","slug":"amillex-daily-market-commentary-market-enters-holiday-mode-risk-assets-close-cautiously-precious-metals-diverge-amid-liquidity-crunch","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/zh_tw\/2025\/12\/31\/amillex-daily-market-commentary-market-enters-holiday-mode-risk-assets-close-cautiously-precious-metals-diverge-amid-liquidity-crunch\/","title":{"rendered":"Amillex\u6bcf\u65e5\u5e02\u5834\u8a55\u8ad6 | \u5e02\u5834\u9032\u5165\u5047\u671f\u6a21\u5f0f\uff1a\u98a8\u96aa\u8cc7\u7522\u8b39\u614e\u6536\u76e4\uff1b\u6d41\u52d5\u6027\u7dca\u7e2e\u4e0b\u8cb4\u91d1\u5c6c\u8d70\u52e2\u5206\u5316\u00a0"},"content":{"rendered":"

2025\u5e7412\u670831\u65e5\u3002 <\/strong>\u96a8\u84572025\u5e74\u6700\u5f8c\u4e00\u500b\u4ea4\u6613\u65e5\u7684\u81e8\u8fd1\uff0c\u5168\u7403\u5e02\u5834\u5df2\u5168\u9762\u9032\u5165\u300c\u5047\u671f\u6a21\u5f0f\u300d\u3002\u7531\u65bc\u6a5f\u69cb\u4ea4\u6613\u54e1\u5927\u591a\u8655\u65bc\u4f11\u5e02\u72c0\u614b\uff0c\u5e02\u5834\u95dc\u6ce8\u7684\u7126\u9ede\u5df2\u5f9e\u5b8f\u89c0\u57fa\u672c\u9762\u8f49\u5411\u6280\u8853\u6027\u90e8\u4f4d\u8abf\u6574\u548c\u4fdd\u8b49\u91d1\u9a45\u52d5\u7684\u6ce2\u52d5\u3002\u5118\u7ba1\u80a1\u7968\u5e02\u5834\u4ecd\u53d7\u5e74\u5e95\u7372\u5229\u56de\u5410\u7684\u5f71\u97ff\u7565\u6709\u4e0b\u884c\uff0c\u4f46\u8cb4\u91d1\u5c6c\u5e02\u5834\u537b\u6436\u76e1\u98a8\u982d\uff0c\u5728\u6d41\u52d5\u6027\u4e0d\u8db3\u7684\u74b0\u5883\u4e0b\u7d93\u6b77\u4e86\u5287\u70c8\u7684\u53bb\u69d3\u687f\u5316\u3002\u7f8e\u5143\u6307\u6578\u7dad\u6301\u5340\u9593\u9707\u76ea\uff0c\u5e02\u5834\u6838\u5fc3\u95dc\u6ce8\u9ede\u4e5f\u5f9e\u5b8f\u89c0\u6578\u64da\u8f49\u5411\u90e8\u4f4d\u3001\u4fdd\u8b49\u91d1\u548c\u5e74\u7d42\u57fa\u91d1\u914d\u7f6e\u3002 <\/p>\n\n\n\n

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1. \u7f8e\u570b\u80a1\u5e02<\/strong> <\/p>\n\n\n\n

\u6307\u6578\u8868\u73fe\uff1a<\/strong> \u7f8e\u570b\u4e09\u5927\u80a1\u6307\u666e\u904d\u75b2\u8edf\uff0c\u9053\u74ca\u6307\u6578\u3001\u6a19\u666e500\u6307\u6578\u53ca\u7d0d\u65af\u9054\u514b\u6307\u6578\u5747\u5c0f\u5e45\u6536\u8dcc\u3002\u5e02\u5834\u7f3a\u4e4f\u660e\u78ba\u7684\u4e3b\u65cb\u5f8b\uff0c\u6210\u4ea4\u91cf\u4e5f\u9060\u4f4e\u65bc\u6b63\u5e38\u6c34\u5e73\uff0c\u5448\u73fe\u51fa\u5178\u578b\u7684\u5e74\u672b\u7279\u5fb5\u3002 <\/p>\n\n\n\n

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2. \u5916\u532f\u5e02\u5834\uff1a<\/strong> <\/p>\n\n\n\n

    \n
  • \u7f8e\u5143\u6307\u6578\uff08DXY\uff09\u5c0f\u5e45\u8d70\u9ad8\uff0c\u4f46\u672a\u80fd\u5f62\u6210\u8da8\u52e2\u7a81\u7834\uff0c\u53cd\u6620\u51fa\u5f37\u70c8\u7684\u89c0\u671b\u60c5\u7dd2\uff1b\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n
      \n
    • \u6b50\u5143\u514c\u7f8e\u5143\u57281.17\u4e0a\u65b9\u6ce2\u52d5\uff0c\u7f3a\u4e4f\u65b0\u7684\u50ac\u5316\u5291\uff1b\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n
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          \u9a45\u52d5\u56e0\u7d20\uff1a<\/strong> \u5916\u532f\u5e02\u5834\u5df2\u9032\u5165\u5178\u578b\u7684\u201c\u5e74\u672b\u76e4\u6574\u968e\u6bb5\u201d\uff0c\u77ed\u671f\u6ce2\u52d5\u66f4\u591a\u662f\u6280\u8853\u6027\u6ce2\u52d5\uff0c\u800c\u975e\u8da8\u52e2\u4ea4\u6613\u7a97\u53e3\u3002 <\/p>\n\n\n\n

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

          3. \u8cb4\u91d1\u5c6c\u548c\u5927\u5b97\u5546\u54c1<\/strong> <\/p>\n\n\n\n

          \u8cb4\u91d1\u5c6c\uff1a <\/strong> <\/p>\n\n\n\n

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          • \u73fe\u8ca8\u9ec3\u91d1\uff08XAUUSD\uff09\uff1a\u5118\u7ba1\u77ed\u671f\u5167\u627f\u58d3\uff0c\u4f46\u5176\u50f9\u683c\u4ecd\u5728\u6b77\u53f2\u9ad8\u4f4d\u5340\u57df\u5167\u6ce2\u52d5\uff0c\u986f\u793a\u4e2d\u9577\u671f\u770b\u6f32\u7d50\u69cb\u4e26\u672a\u53d7\u5230\u7834\u58de\u3002\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n
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            • \u73fe\u8ca8\u767d\u9280 (XAGUSD)\uff1a\u7e7c\u524d\u4e00\u65e5\u66b4\u8dcc\u5f8c\uff0c\u767d\u9280\u51fa\u73fe\u5f37\u52c1\u7684\u6280\u8853\u6027\u53cd\u5f48\uff0c\u7a81\u7834 9% \u95dc\u53e3\uff0c\u56de\u5347\u81f3 $78\/\u76ce\u53f8\u9644\u8fd1\u6c34\u5e73\uff08\u5f9e\u62cb\u552e\u58d3\u529b\u5f8c\u7684\u4f4e\u9ede\u53cd\u5f48\u81f3\u7576\u65e5\u9ad8\u9ede\uff09\u3002\u9019\u7a2e\u300c\u5148\u66b4\u8dcc\u5f8c\u66b4\u6f32\u300d\u7684\u8d70\u52e2\u662f\u300c\u4fdd\u8b49\u91d1\u8abf\u6574\u2192\u5f37\u5236\u5e73\u5009\u2192\u53cd\u5411\u8cb7\u9032\/\u6284\u5e95\u300d\u7684\u5178\u578b\u8868\u73fe\u3002\u00a0<\/li>\n<\/ul>\n\n\n\n

              \u6838\u5fc3\u9a45\u52d5\u56e0\u7d20\uff1a<\/strong> <\/p>\n\n\n\n

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              • \u5148\u524d\u7684\u300c\u64e0\u58d3\u5f0f\u300d\u53cd\u5f48\u7d2f\u7a4d\u4e86\u5927\u91cf\u9ad8\u69d3\u687f\u591a\u982d\u90e8\u4f4d\uff1b\u00a0<\/li>\n<\/ul>\n\n\n\n
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                • \u5e74\u672b\u6d41\u52d5\u6027\u4e0d\u8db3\u6703\u653e\u5927\u4efb\u4f55\u96c6\u4e2d\u5e73\u5009\u884c\u70ba\uff1b\u00a0<\/li>\n<\/ul>\n\n\n\n
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                  • \u532f\u7387\u4fdd\u8b49\u91d1\u589e\u52a0\u548c\u98a8\u96aa\u63a7\u5236\u8981\u6c42\u63d0\u9ad8\u5f15\u767c\u4e86\u88ab\u52d5\u53bb\u69d3\u687f\u5316\u3002\u00a0<\/li>\n<\/ul>\n\n\n\n

                    \u5546\u54c1\uff1a <\/strong> <\/p>\n\n\n\n

                      \n
                    • WTI\u539f\u6cb9\u50f9\u683c\u5728$58\/\u6876\u9644\u8fd1\u6ce2\u52d5\u3002\u6574\u9ad4\u8da8\u52e2\u76f8\u5c0d\u7a69\u5b9a\uff0c\u5c0d\u80fd\u6e90\u677f\u584a\u6709\u7a69\u5b9a\u4f5c\u7528\u3002\u00a0<\/li>\n<\/ul>\n\n\n\n
                      <\/div>\n\n\n\n

                      5. \u4eca\u65e5\u91cd\u9ede<\/strong> <\/p>\n\n\n\n

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                      • 12\u6708\u806f\u90a6\u516c\u958b\u5e02\u5834\u59d4\u54e1\u6703\u6703\u8b70\u7d00\u9304\u3002\u00a0<\/li>\n<\/ul>\n\n\n\n
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                        • \u4e2d\u570b12\u6708\u88fd\u9020\u696d\u63a1\u8cfc\u7d93\u7406\u4eba\u6307\u6578\uff08PMI\uff09\u3002\u00a0<\/li>\n<\/ul>\n\n\n\n
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                          • \u622a\u81f312\u670827\u65e5\u7576\u9031\u7684\u7f8e\u570b\u9996\u6b21\u7533\u8acb\u5931\u696d\u6551\u6fdf\u4eba\u6578\u3002\u00a0<\/li>\n<\/ul>\n\n\n\n
                            <\/div>","protected":false},"excerpt":{"rendered":"

                            December 31, 2025. As we approach the final closing bell of 2025, the global markets have fully transitioned into “Holiday Mode.” With institutional desks largely sidelined, the narrative has shifted away from macro fundamentals toward technical position squaring and margin-driven volatility. While equities remain under mild pressure from year-end profit-taking, the precious metals complex has stolen the spotlight, enduring a violent deleveraging event in […]<\/p>\n","protected":false},"author":7,"featured_media":3499,"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-3498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/zh_tw\/wp-json\/wp\/v2\/posts\/3498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/zh_tw\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/zh_tw\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/zh_tw\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/zh_tw\/wp-json\/wp\/v2\/comments?post=3498"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/zh_tw\/wp-json\/wp\/v2\/posts\/3498\/revisions"}],"predecessor-version":[{"id":3500,"href":"https:\/\/www.amillex.com\/zh_tw\/wp-json\/wp\/v2\/posts\/3498\/revisions\/3500"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/zh_tw\/wp-json\/wp\/v2\/media\/3499"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/zh_tw\/wp-json\/wp\/v2\/media?parent=3498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/zh_tw\/wp-json\/wp\/v2\/categories?post=3498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/zh_tw\/wp-json\/wp\/v2\/tags?post=3498"}],"curies":[{"name":"\u53ef\u6fd5\u6027\u7c89\u5291","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}