![](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/11\/1764026537_296_-1x-1.png\"\/)
<\/p>\n24\u65e5\u306e\u7c73\u56fd\u682a\u306f\u7d9a\u4f38\u3002\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u9298\u67c4\u3092\u4e2d\u5fc3\u306b\u8cb7\u3044\u9032\u307e\u308c\u305f\u3002\u591a\u304f\u306e\u7d4c\u6e08\u30c7\u30fc\u30bf\u306e\u767a\u8868\u304c\u4eca\u9031\u4e88\u5b9a\u3055\u308c\u308b\u4e2d\u3001\u5e02\u5834\u3067\u306f\u7c73\u9023\u90a6\u516c\u958b\u5e02\u5834\u59d4\u54e1\u4f1a\uff08FOMC\uff09\u304c12\u6708\u306b\u5229\u4e0b\u3052\u3092\u5b9f\u65bd\u3059\u308b\u3068\u306e\u697d\u89b3\u304c\u5f37\u307e\u3063\u3066\u3044\u308b\u3002<\/p>\n
\u682a\u5f0f\u7d42\u5024\u524d\u55b6\u696d\u65e5\u6bd4\u5909\u5316\u7387\uff33\uff06\uff30500\u7a2e\u682a\u4fa1\u6307\u65706705.12102.131.55%\u30c0\u30a6\u5de5\u696d\u682a30\u7a2e\u5e73\u574746448.27202.860.44%\u30ca\u30b9\u30c0\u30c3\u30af\u7dcf\u5408\u6307\u657022872.01598.932.69%<\/p>\n
\u3000\u3000S&P500\u7a2e\u682a\u4fa1\u6307\u6570\u306f1.5%\u4e0a\u6607\u3057\u30016\u9031\u3076\u308a\u306e\u5927\u5e45\u9ad8\u3068\u306a\u3063\u305f\u3002\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u9298\u67c4\u4e2d\u5fc3\u306e\u30ca\u30b9\u30c0\u30c3\u30af100\u6307\u6570\u306f2.6\uff05\u4e0a\u3052\u305f\u3002<\/p>\n
\u3000\u3000\u7c73\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff08FRB\uff09\u306e\u30a6\u30a9\u30e9\u30fc\u7406\u4e8b\u306f\u300112\u6708\u306eFOMC\u4f1a\u5408\u3067\u306e\u5229\u4e0b\u3052\u3092\u652f\u6301\u3059\u308b\u3068\u767a\u8a00\u3002\u3053\u308c\u304c\u5e02\u5834\u306e\u697d\u89b3\u3092\u5f8c\u62bc\u3057\u3057\u305f\u3002\u30b5\u30f3\u30d5\u30e9\u30f3\u30b7\u30b9\u30b3\u9023\u9280\u306e\u30c7\u30fc\u30ea\u30fc\u7dcf\u88c1\u3082\u3001\u5225\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u306712\u6708\u306e\u5229\u4e0b\u3052\u3092\u652f\u6301\u3057\u305f\u3002\u307e\u305f\u30cb\u30e5\u30fc\u30e8\u30fc\u30af\u9023\u9280\u306e\u30a6\u30a3\u30ea\u30a2\u30e0\u30ba\u7dcf\u88c1\u306f21\u65e5\u3001\u8fd1\u3044\u3046\u3061\u306b\u518d\u3073\u5229\u4e0b\u3052\u3092\u884c\u3046\u4f59\u5730\u304c\u3042\u308b\u3068\u306e\u898b\u89e3\u3092\u793a\u3057\u3066\u3044\u305f\u3002\u5e02\u5834\u306e\u6b21\u306e\u7126\u70b9\u306f12\u6708\u306eFOMC\u4f1a\u5408\u3060\u304c\u3001\u7c73\u653f\u5e9c\u6a5f\u95a2\u306e\u4e00\u6642\u9589\u9396\u306b\u3088\u308b\u7d4c\u6e08\u6307\u6a19\u306e\u767a\u8868\u9045\u5ef6\u3067\u3001\u6295\u8cc7\u5bb6\u306f\u53e4\u3044\u30c7\u30fc\u30bf\u306b\u57fa\u3065\u3044\u305f\u5224\u65ad\u3092\u4f59\u5100\u306a\u304f\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n
\u3000\u3000BNP\u30d1\u30ea\u30d0\u306e\u7c73\u56fd\u62c5\u5f53\u30c1\u30fc\u30d5\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u3001\u30b8\u30a7\u30fc\u30e0\u30ba\u30fb\u30a8\u30b2\u30eb\u30db\u30d5\u6c0f\u306f\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u30c6\u30ec\u30d3\u30b8\u30e7\u30f3\u306e\u30a4\u30f3\u30bf\u30d3\u30e5\u30fc\u3067\u3001\u30c7\u30fc\u30bf\u306f\u767a\u8868\u306e\u9045\u308c\u306b\u3088\u308a\u4e0d\u660e\u77ad\u306b\u306a\u3063\u3066\u304a\u308a\u3001\u7d4c\u6e08\u306e\u73fe\u72b6\u3092\u5de1\u308a\u7570\u306a\u308b\u89e3\u91c8\u306e\u4f59\u5730\u304c\u751f\u3058\u3066\u3044\u308b\u3068\u8ff0\u3079\u305f\u3002<\/p>\n
\u3000\u3000\u300c\u901a\u5e38\u3088\u308a\u6df7\u4e71\u3057\u305f\u30d7\u30ed\u30bb\u30b9\u306b\u306a\u3063\u3066\u3044\u308b\u300d\u3068\u30a8\u30b2\u30eb\u30db\u30d5\u6c0f\u3002\u305d\u306e\u4e0a\u3067\u3001\u300c\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306f\u5229\u4e0b\u3052\u7d99\u7d9a\u3092\u8003\u3048\u3066\u3044\u308b\u3060\u308d\u3046\u3002\u5229\u4e0b\u3052\u306b\u5411\u3051\u305f\u652f\u6301\u3082\u3042\u308b\u3002\u30c7\u30fc\u30bf\u304c\u591a\u5c11\u306e\u652f\u3048\u3068\u306a\u308a\u3001\u52b4\u50cd\u5e02\u5834\u306e\u7de9\u3084\u304b\u306a\u60aa\u5316\u3092\u9632\u3050\u305f\u3081\u6700\u5f8c\u306e\u5229\u4e0b\u3052\u306b\u52d5\u304f\u3068\u8003\u3048\u3089\u308c\u308b\u300d\u3068\u8a9e\u3063\u305f\u3002<\/p>\n
\u00a0\u3000\u3000\u77ed\u671f\u91d1\u878d\u5e02\u5834\u306f\u300112\u6708\u306e\u7c73\u5229\u4e0b\u3052\u78ba\u7387\u3092\u7d0470%\u3068\u3057\u3066\u7e54\u308a\u8fbc\u3093\u3067\u3044\u308b\u3002\u3053\u3053\u6570\u9031\u9593\u306f\u3001FRB\u5f53\u5c40\u8005\u9593\u3067\u306e\u898b\u89e3\u306e\u76f8\u9055\u3084\u30c7\u30fc\u30bf\u4e0d\u8db3\u3082\u3042\u308a\u3001\u5229\u4e0b\u3052\u78ba\u7387\u306b\u5909\u52d5\u304c\u898b\u3089\u308c\u3066\u3044\u305f\u3002<\/p>\n
\u3000\u3000\u5148\u9031\u306f\u3001\u4eba\u5de5\u77e5\u80fd\uff08AI\uff09\u95a2\u9023\u9298\u67c4\u3078\u306e\u904e\u5927\u8a55\u4fa1\u306b\u5bfe\u3059\u308b\u61f8\u5ff5\u3084\u660e\u77ad\u3055\u3092\u6b20\u304f\u7c73\u91d1\u878d\u653f\u7b56\u898b\u901a\u3057\u3092\u53d7\u3051\u3066\u3001\u632f\u308c\u306e\u5927\u304d\u3044\u76f8\u5834\u5c55\u958b\u3068\u306a\u3063\u3066\u3044\u305f\u3002UBS\u8a3c\u5238\u306e\u30c8\u30ec\u30fc\u30c7\u30a3\u30f3\u30b0\u90e8\u9580\u306f\u3001\u7279\u306b12\u6708\u306e\u7c73\u5229\u4e0b\u3052\u671f\u5f85\u304c\u518d\u6d6e\u4e0a\u3057\u3064\u3064\u3042\u308b\u3053\u3068\u3092\u53d7\u3051\u3001\u7c73\u682a\u306e\u58f2\u308a\u306f\u4e00\u5de1\u3057\u305f\u53ef\u80fd\u6027\u304c\u3042\u308b\u3068\u307f\u3066\u3044\u308b\u3002<\/p>\n
\u3000\u3000\u30b5\u30b9\u30b1\u30cf\u30ca\u30fb\u30a4\u30f3\u30bf\u30fc\u30ca\u30b7\u30e7\u30ca\u30eb\u30fb\u30b0\u30eb\u30fc\u30d7\u306e\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u6226\u7565\u5171\u540c\u8cac\u4efb\u8005\u30af\u30ea\u30b9\u30fb\u30de\u30fc\u30d5\u30a3\u30fc\u6c0f\u306f\u300c\u682a\u5f0f\u5e02\u5834\u304c\u3044\u3063\u305f\u3093\u30ea\u30bb\u30c3\u30c8\u3055\u308c\u305f\u3053\u3068\u3068\u300112\u6708\u5229\u4e0b\u3052\u306e\u53ef\u80fd\u6027\u306e\u9ad8\u307e\u308a\u304c\u76f8\u307e\u3063\u3066\u682a\u4fa1\u3092\u62bc\u3057\u4e0a\u3052\u3001\u5e74\u672b\u306e\u30e1\u30eb\u30c8\u30a2\u30c3\u30d7\uff08\u76f8\u5834\u306e\u6025\u4e0a\u6607\uff09\u306e\u53ef\u80fd\u6027\u304c\u518d\u3073\u6d6e\u4e0a\u3057\u3066\u3044\u308b\u300d\u3068\u5206\u6790\u3057\u305f\u3002<\/p>\n
\u3000\u3000\u305f\u3060\u30e4\u30eb\u30c7\u30cb\u30fb\u30ea\u30b5\u30fc\u30c1\u306e\u5275\u696d\u8005\u30a8\u30c9\u30fb\u30e4\u30eb\u30c7\u30cb\u6c0f\u306f\u3001AI\u95a2\u9023\u682a\u3067\u5229\u76ca\u78ba\u5b9a\u58f2\u308a\u304c\u9032\u3093\u3067\u3044\u308b\u3068\u3057\u3066\u3001S&P500\u7a2e\u304c\u81ea\u8eab\u306e\u5e74\u672b\u76ee\u6a19\u3067\u3042\u308b7000\u306b\u5230\u9054\u3059\u308b\u306e\u306f\u6765\u5e74\u306b\u306a\u308b\u3068\u306e\u898b\u65b9\u3092\u793a\u3057\u305f\u3002\u540c\u6c0f\u306e\u76ee\u6a19\u306f\u3001\u30a6\u30a9\u30fc\u30eb\u8857\u306e\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u306e\u4e2d\u3067\u3082\u7279\u306b\u5f37\u6c17\u306a\u6c34\u6e96\u306e\u4e00\u3064\u3068\u306a\u3063\u3066\u3044\u308b\u3002<\/p>\n
<\/p>\n
\u3000\u300025\u65e5\u306b\u767a\u8868\u3055\u308c\u308b9\u6708\u306e\u7c73\u5c0f\u58f2\u58f2\u4e0a\u9ad8\u306f\u3001\u7269\u4fa1\u9ad8\u3092\u80cc\u666f\u306b\u4f38\u3073\u304c\u920d\u5316\u3059\u308b\u3068\u4e88\u60f3\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n
\u3000\u3000\u3053\u306e\u307b\u304b\u4eca\u9031\u306f\u30019\u6708\u306e\u751f\u7523\u8005\u7269\u4fa1\u6307\u6570\uff08PPI\uff09\u3084\u8010\u4e45\u8ca1\u53d7\u6ce8\u306a\u3069\u3082\u767a\u8868\u3055\u308c\u308b\u3002\u307e\u305f26\u65e5\u306b\u306f\u65b0\u898f\u5931\u696d\u4fdd\u967a\u7533\u8acb\u4ef6\u6570\u304c\u516c\u8868\u3055\u308c\u308b\u3002\u96c7\u7528\u7d71\u8a08\u304c\u6b20\u843d\u3059\u308b\u4e2d\u3067FOMC\u306f\u4ee3\u66ff\u6307\u6a19\u306b\u6ce8\u76ee\u3057\u3066\u304a\u308a\u3001\u5931\u696d\u4fdd\u967a\u7d71\u8a08\u3082\u91cd\u8981\u5ea6\u304c\u5897\u3059\u898b\u901a\u3057\u3060\u3002<\/p>\n
\u3000\u3000\u30a4\u30f3\u30bf\u30e9\u30af\u30c6\u30a3\u30d6\u30fb\u30a4\u30f3\u30d9\u30b9\u30bf\u30fc\u306e\u30de\u30fc\u30b1\u30c3\u30c4\u8cac\u4efb\u8005\u3001\u30ea\u30c1\u30e3\u30fc\u30c9\u30fb\u30cf\u30f3\u30bf\u30fc\u6c0f\u306f\u300c\u666f\u6c17\u306e\u5f31\u3055\u3092\u793a\u3059\u5146\u5019\u304c\u5897\u3048\u3066\u304a\u308a\u3001\u4eca\u9031\u306e\u5c0f\u58f2\u58f2\u4e0a\u9ad8\u7d71\u8a08\u306b\u306f\u6ce8\u76ee\u304c\u96c6\u307e\u308b\u3060\u308d\u3046\u3002\u305f\u3060\u3053\u308c\u3082\u3084\u3084\u53e4\u3044\u30c7\u30fc\u30bf\u306b\u306a\u308b\u300d\u3068\u6307\u6458\u3002\u305d\u306e\u4e0a\u3067\u3001\u300c\u3053\u306e\u3068\u3053\u308d\u614e\u91cd\u3060\u3063\u305f\u30bb\u30f3\u30c1\u30e1\u30f3\u30c8\u304c\u5c11\u306a\u304f\u3068\u3082\u4e00\u6642\u7684\u306b\u306f\u6255\u62ed\u3055\u308c\u308b\u3068\u306e\u671f\u5f85\u304c\u4e00\u90e8\u3067\u5e83\u304c\u308a\u305d\u3046\u3060\u300d\u3068\u4ed8\u3051\u52a0\u3048\u305f\u3002<\/p>\n
![](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/11\/1764026538_792_-1x-1.png\"\/)
<\/p>\n
\u7c73\u56fd\u50b5<\/p>\n
\u3000\u3000\u7c73\u56fd\u50b5\u5e02\u5834\u3067\u306f\u9577\u671f\u30be\u30fc\u30f3\u304c\u30a2\u30a6\u30c8\u30d1\u30d5\u30a9\u30fc\u30e0\u3002\u30a4\u30fc\u30eb\u30c9\u30ab\u30fc\u30d6\u306f\u30d5\u30e9\u30c3\u30c8\u5316\u3057\u305f\u300212\u6708\u5229\u4e0b\u3052\u3092\u652f\u6301\u3059\u308b\u3068\u306e\u30a6\u30a9\u30e9\u30fc\u7406\u4e8b\u3001\u30c7\u30fc\u30ea\u30fc\u30fb\u30b5\u30f3\u30d5\u30e9\u30f3\u30b7\u30b9\u30b3\u9023\u9280\u306e\u767a\u8a00\u304c\u4f1d\u308f\u308a\u3001\u5e02\u5834\u306e\u898b\u65b9\u3092\u5f8c\u62bc\u3057\u3057\u305f\u3002<\/p>\n
\u3000\u3000\u5805\u8abf\u306a\u7d50\u679c\u3068\u306a\u3063\u305f2\u5e74\u50b5\u5165\u672d\u306e\u5f8c\u3082\u3001\u3053\u306e\u52d5\u304d\u306f\u7dad\u6301\u3055\u308c\u305f\u300225\u65e5\u306b5\u5e74\u50b5\u300126\u65e5\u306b7\u5e74\u50b5\u306e\u5165\u672d\u304c\u4e88\u5b9a\u3055\u308c\u3066\u304a\u308a\u3001\u3053\u308c\u3082\u30d5\u30e9\u30c3\u30c8\u5316\u306e\u6d41\u308c\u3092\u652f\u3048\u308b\u8981\u56e0\u3068\u306a\u3063\u305f\u3002<\/p>\n
\u56fd\u50b5\u76f4\u8fd1\u5024\u524d\u55b6\u696d\u65e5\u6bd4(bp)\u5909\u5316\u7387\u7c7330\u5e74\u50b5\u5229\u56de\u308a4.67%-3.9-0.84%\u7c7310\u5e74\u50b5\u5229\u56de\u308a4.03%-3.5-0.85%\u7c73\uff12\u5e74\u50b5\u5229\u56de\u308a3.50%-1.1-0.30%\u00a0\u00a0\u7c73\u6771\u90e8\u6642\u959316\u664237\u5206<\/p>\n
\u3000\u3000\u30ca\u30c3\u30c8\u30a2\u30e9\u30a4\u30a2\u30f3\u30b9\u30fb\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u30fc\u30ba\u306e\u30a2\u30f3\u30c9\u30eb\u30fc\u30fb\u30d6\u30ec\u30ca\u30fc\u6c0f\u306f\u300c\u96c7\u7528\u7d71\u8a08\u306e\u767a\u8868\u304cFOMC\u4f1a\u5408\u5f8c\u306b\u306a\u308b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001FRB\u9ad8\u5b98\u304c\u306a\u304a12\u6708\u306e\u5229\u4e0b\u3052\u3092\u671b\u3093\u3067\u3044\u308b\u3068\u3044\u3046\u4e8b\u5b9f\u304c\u3001\u6295\u8cc7\u5bb6\u306b\u5b89\u5fc3\u611f\u3092\u4e0e\u3048\u305f\u300d\u3068\u8ff0\u3079\u305f\u3002<\/p>\n
\u70ba\u66ff<\/p>\n
\u3000\u3000\u5916\u56fd\u70ba\u66ff\u5e02\u5834\u3067\u306f\u30c9\u30eb\u304c\u307b\u307c\u5909\u308f\u3089\u305a\u3002\u6708\u672b\u306e\u8cc7\u91d1\u30d5\u30ed\u30fc\u304c\u652f\u3048\u3068\u306a\u3063\u305f\u3002\u5186\u306f\u518d\u3073\u58f2\u3089\u308c\u3001\u30c9\u30eb\u306b\u5bfe\u3059\u308b\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u306f\u4e3b\u898110\u901a\u8ca8\u4e2d\u3067\u6700\u60aa\u3068\u306a\u3063\u305f\u3002\u65e5\u4e2d\u9593\u306e\u653f\u6cbb\u7684\u7dca\u5f35\u3084\u65e5\u672c\u306e\u5927\u578b\u7d4c\u6e08\u5bfe\u7b56\u3092\u80cc\u666f\u306b\u3001\u5e02\u5834\u3067\u306f\u70ba\u66ff\u4ecb\u5165\u3078\u306e\u8b66\u6212\u611f\u304c\u9ad8\u307e\u3063\u3066\u3044\u308b\u3002<\/p>\n
\u70ba\u66ff\u76f4\u8fd1\u5024\u524d\u55b6\u696d\u65e5\u6bd4\u5909\u5316\u7387\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u30fb\u30c9\u30eb\u6307\u65701226.930.480.04%\u30c9\u30eb\uff0f\u5186\u00a5156.90\u00a50.490.31%\u30e6\u30fc\u30ed\uff0f\u30c9\u30eb$1.1521$0.00080.07%\u00a0\u00a0\u7c73\u6771\u90e8\u6642\u959316\u664237\u5206<\/p>\n
\u3000\u3000\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u30fb\u30c9\u30eb\u30fb\u30b9\u30dd\u30c3\u30c8\u6307\u6570\u306f0.1%\u672a\u6e80\u306e\u4e0a\u6607\u300211\u6708\u306b\u5165\u308a\u3053\u308c\u307e\u30670.5%\u4e0a\u6607\u3057\u3066\u3044\u308b\u3002<\/p>\n
\u3000\u3000\u30d0\u30fc\u30af\u30ec\u30a4\u30ba\u306e\u30b7\u30a7\u30ea\u30eb\u30fb\u30c9\u30f3\u3001\u30a8\u30ea\u30c3\u30af\u30fb\u30de\u30eb\u30c6\u30a3\u30cd\u30b9\u4e21\u6c0f\u306f\u30ea\u30dd\u30fc\u30c8\u3067\u300c11\u6708\u306f\u30de\u30af\u30ed\u74b0\u5883\u306e\u4e0d\u78ba\u5b9f\u6027\u304c\u518d\u71c3\u3057\u3001\u30ea\u30b9\u30af\u9078\u597d\u306e\u6025\u901f\u306a\u898b\u76f4\u3057\u304c\u9032\u3093\u3060\u6708\u3068\u306a\u3063\u305f\u300d\u3068\u6307\u6458\u3002\u7c73\u682a\u76f8\u5834\u304c4\u6708\u4ee5\u6765\u306e\u6708\u9593\u4e0b\u843d\u3068\u306a\u308a\u3001\u7dcf\u3058\u3066\u30ea\u30b9\u30af\u56de\u907f\u306e\u52d5\u304d\u304c\u5e83\u304c\u3063\u3066\u3044\u308b\u3053\u3068\u304b\u3089\u3001\u4e16\u754c\u306e\u8cc7\u7523\u904b\u7528\u8005\u306f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u30ea\u30d0\u30e9\u30f3\u30b9\u3092\u9032\u3081\u308b\u4e2d\u3067\u6708\u672b\u306b\u304b\u3051\u3066\u30c9\u30eb\u8cb7\u3044\u306b\u52d5\u304b\u3056\u308b\u3092\u5f97\u306a\u304f\u306a\u308b\u3068\u8a18\u3057\u305f\u3002<\/p>\n
\u3000\u3000\u5186\u306f\u30c9\u30eb\u306b\u5bfe\u3057\u8edf\u8abf\u306b\u63a8\u79fb\u3002\u4e00\u66420.5%\u5b89\u306e157\u518619\u92ad\u307e\u3067\u4e0b\u3052\u305f\u3002\u5148\u9031\u306f1.2%\u4e0b\u843d\u3057\u3066\u3044\u305f\u3002\u5c0f\u6cc9\u9032\u6b21\u90ce\u9632\u885b\u76f8\u306f23\u65e5\u3001\u53f0\u6e7e\u306b\u8fd1\u3044\u6c96\u7e04\u770c\u30fb\u4e0e\u90a3\u56fd\u5cf6\u306e\u9678\u4e0a\u81ea\u885b\u968a\u99d0\u5c6f\u5730\u3092\u8996\u5bdf\u3057\u3001\u540c\u5cf6\u3078\u306e\u30df\u30b5\u30a4\u30eb\u914d\u5099\u8a08\u753b\u304c\u9806\u8abf\u306b\u9032\u3093\u3067\u3044\u308b\u3068\u8ff0\u3079\u305f\u3002\u53f0\u6e7e\u3092\u5de1\u3063\u3066\u306f\u65e5\u4e2d\u653f\u5e9c\u9593\u3067\u7dca\u5f35\u304c\u9ad8\u307e\u3063\u3066\u3044\u308b\u3002<\/p>\n
![\"\u30c9\u30eb\u30fb\u5186\u76f8\u5834\u306e\u63a8\u79fb\"](\"https:\/\/assets.bwbx.io\/images\/users\/iqjWHBFdfxIU\/iVao39luqPDs\/v2\/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE\/60x-1.png\")
<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
\u3000\u3000\u7247\u5c71\u8ca1\u52d9\u76f8\u304c\u5148\u9031\u3001\u70ba\u66ff\u4ecb\u5165\u3082\u8f9e\u3055\u306a\u3044\u69cb\u3048\u3092\u793a\u3057\u305f\u3053\u3068\u3092\u53d7\u3051\u3001\u5e02\u5834\u306f\u5f53\u5c40\u306b\u3088\u308b\u4ecb\u5165\u306e\u53ef\u80fd\u6027\u3092\u6ce8\u8996\u3057\u3066\u3044\u308b\u3002<\/p>\n
\u539f\u6cb9<\/p>\n
\u3000\u3000\u30cb\u30e5\u30fc\u30e8\u30fc\u30af\u539f\u6cb9\u5148\u7269\u76f8\u5834\u306f4\u55b6\u696d\u65e5\u3076\u308a\u306b\u53cd\u767a\u3002\u682a\u5f0f\u76f8\u5834\u306e\u4e0a\u6607\u3092\u80cc\u666f\u306b\u8cb7\u3044\u304c\u5165\u3063\u305f\u3002\u65e2\u306b\u4f9b\u7d66\u304c\u6f64\u6ca2\u306b\u3042\u308b\u4e2d\u3001\u30a6\u30af\u30e9\u30a4\u30ca\u3068\u30ed\u30b7\u30a2\u306e\u548c\u5e73\u5408\u610f\u306e\u53ef\u80fd\u6027\u3092\u3081\u3050\u308b\u601d\u60d1\u3082\u610f\u8b58\u3055\u308c\u305f\u3002<\/p>\n
\u95a2\u9023\u8a18\u4e8b\uff1a\u30ed\u30b7\u30a2\u505c\u6226\u306e\u7c73\u63d0\u6848\u3001\u30a6\u30af\u30e9\u30a4\u30ca\u5bc4\u308a\u306b\u6761\u4ef6\u5909\u66f4\u3067\u9032\u5c55\uff0d\u5f53\u5c40\u8005<\/p>\n
![](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/11\/1764026541_609_-1x-1.png\"\/)
<\/p>\n
\u3000\u3000BOK\u30d5\u30a1\u30a4\u30ca\u30f3\u30b7\u30e3\u30eb\u306e\u30c8\u30ec\u30fc\u30c7\u30a3\u30f3\u30b0\u62c5\u5f53\u30b7\u30cb\u30a2\u30d0\u30a4\u30b9\u30d7\u30ec\u30b8\u30c7\u30f3\u30c8\u3001\u30c7\u30cb\u30b9\u30fb\u30ad\u30b9\u30e9\u30fc\u6c0f\u306f\u300c\u539f\u6cb9\u76f8\u5834\u306f\u682a\u5f0f\u76f8\u5834\u3068\u9023\u52d5\u3057\u3066\u304a\u308a\u3001\u30a6\u30af\u30e9\u30a4\u30ca\u3068\u30ed\u30b7\u30a2\u306e\u5354\u8b70\u306b\u95a2\u3059\u308b\u7d9a\u5831\u3092\u5f85\u3063\u3066\u3044\u308b\u300d\u3068\u6307\u6458\u3002\u611f\u8b1d\u796d\u306b\u304b\u3051\u3066\u4e0d\u5b89\u5b9a\u306a\u5024\u52d5\u304d\u3068\u30b7\u30e7\u30fc\u30c8\u30ab\u30d0\u30fc\u304c\u3044\u304f\u3089\u304b\u7d9a\u304f\u3068\u306e\u898b\u901a\u3057\u3092\u793a\u3057\u305f\u3002<\/p>\n
\u3000\u3000\u539f\u6cb9\u306f\u5e74\u521d\u6765\u3067\u4e0b\u843d\u3002\u3053\u306e\u307e\u307e11\u6708\u3092\u7d42\u3048\u308b\u3068\u6708\u9593\u30674\u30ab\u6708\u9023\u7d9a\u306e\u4e0b\u843d\u3068\u30012023\u5e74\u4ee5\u6765\u306e\u9577\u671f\u9023\u7d9a\u5b89\u3068\u306a\u308b\u3002\u4e0b\u843d\u306e\u80cc\u666f\u306b\u306f\u3001\u77f3\u6cb9\u8f38\u51fa\u56fd\u6a5f\u69cb\uff08OPEC\uff09\u3068\u975e\u52a0\u76df\u7523\u6cb9\u56fd\u3067\u69cb\u6210\u3059\u308bOPEC\u30d7\u30e9\u30b9\u3092\u542b\u3080\u4e16\u754c\u7684\u306a\u7523\u6cb9\u91cf\u306e\u5897\u52a0\u304c\u3042\u308b\u3002\u56fd\u969b\u30a8\u30cd\u30eb\u30ae\u30fc\u6a5f\u95a2\uff08IEA\uff09\u306f\u30012026\u5e74\u306b\u306f\u904e\u53bb\u6700\u5927\u306e\u4f9b\u7d66\u904e\u5270\u306b\u9665\u308b\u3068\u4e88\u6e2c\u3057\u3066\u3044\u308b\u3002<\/p>\n
\u3000\u3000\u5e02\u5834\u3067\u306f\u3001\u30a6\u30af\u30e9\u30a4\u30ca\u3068\u306e\u548c\u5e73\u5408\u610f\u304c\u5b9f\u73fe\u3057\u3001\u30ed\u30b7\u30a2\u3078\u306e\u5236\u88c1\u304c\u89e3\u9664\u3055\u308c\u308b\u304b\u306b\u6ce8\u76ee\u304c\u96c6\u307e\u3063\u3066\u3044\u308b\u3002\u305d\u3046\u306a\u308c\u3070\u539f\u6cb9\u306e\u3055\u3089\u306a\u308b\u4f9b\u7d66\u5897\u306b\u3064\u306a\u304c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002<\/p>\n
\u3000\u3000\uff21\/\uff33\u30b0\u30ed\u30fc\u30d0\u30eb\u30fb\u30ea\u30b9\u30af\u30fb\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u306e\u30c1\u30fc\u30d5\u30a2\u30ca\u30ea\u30b9\u30c8\u3001\u30a2\u30eb\u30cd\u30fb\u30ed\u30fc\u30de\u30f3\u30fb\u30e9\u30b9\u30e0\u30c3\u30bb\u30f3\u6c0f\u306f\u300c27\u65e5\u306e\u611f\u8b1d\u796d\u3092\u524d\u306b\u3001\u539f\u6cb9\u5e02\u5834\u306f\u795e\u7d4c\u8cea\u306a\u5c55\u958b\u304c\u4e88\u60f3\u3055\u308c\u308b\u300d\u3068\u8ff0\u3079\u305f\u3002\u300c\u9031\u672b\u306b\u304b\u3051\u3066\u548c\u5e73\u5408\u610f\u3001\u3042\u308b\u3044\u306f\u505c\u6226\u306e\u5b9f\u73fe\u304c\u8fd1\u3065\u3044\u3066\u3044\u308b\u3053\u3068\u3092\u793a\u3059\u6750\u6599\u304c\u8907\u6570\u898b\u3089\u308c\u3001\u305d\u308c\u304c\u4eca\u9031\u3055\u3089\u306b\u4fa1\u683c\u3092\u4e0b\u62bc\u3057\u3059\u308b\u3060\u308d\u3046\u300d\u3068\u8a9e\u3063\u305f\u3002<\/p>\n
\u3000\u3000\u30a6\u30af\u30e9\u30a4\u30ca\u306e\u30bc\u30ec\u30f3\u30b9\u30ad\u30fc\u5927\u7d71\u9818\u306f\u5354\u8b70\u304c\u300c\u91cd\u5927\u306a\u5c40\u9762\u300d\u306b\u5dee\u3057\u639b\u304b\u3063\u305f\u3068\u8aac\u660e\u3057\u3001\u9818\u571f\u3068\u4e3b\u6a29\u3092\u5de1\u308b\u8b70\u8ad6\u306f\u56f0\u96e3\u306a\u3082\u306e\u306b\u306a\u308b\u3060\u308d\u3046\u3068\u306e\u8a8d\u8b58\u3092\u793a\u3057\u305f\u3002<\/p>\n
\u3000\u3000\u30cb\u30e5\u30fc\u30e8\u30fc\u30af\u5546\u696d\u53d6\u5f15\u6240\uff08NYMEX\uff09\u306e\u30a6\u30a7\u30b9\u30c8\u30fb\u30c6\u30ad\u30b5\u30b9\u30fb\u30a4\u30f3\u30bf\u30fc\u30df\u30c7\u30a3\u30a8\u30fc\u30c8\uff08WTI\uff09\u5148\u72691\u6708\u9650\u306f\u3001\u524d\u55b6\u696d\u65e5\u6bd478\u30bb\u30f3\u30c8\uff081.3%\uff09\u9ad8\u306e1\u30d0\u30ec\u30eb=58.84\u30c9\u30eb\u3067\u7d42\u4e86\u3002\u30ed\u30f3\u30c9\u30f3ICE\u306e\u5317\u6d77\u30d6\u30ec\u30f3\u30c81\u6708\u9650\u306f1.3%\u4e0a\u6607\u306e63.37\u30c9\u30eb\u3002<\/p>\n
\u91d1<\/p>\n
\u3000\u3000\u91d1\u76f8\u5834\u306f\u4e0a\u6607\u3002\u52b4\u50cd\u5e02\u5834\u306e\u5f31\u3055\u3092\u793a\u3059\u5146\u3057\u3092\u53d7\u3051\u3001FRB\u304c\u6765\u6708\u5229\u4e0b\u3052\u306b\u8e0f\u307f\u5207\u308b\u3068\u306e\u89b3\u6e2c\u304c\u5f37\u307e\u308a\u3001\u91d1\u8cb7\u3044\u304c\u512a\u52e2\u306b\u306a\u3063\u305f\u3002<\/p>\n
\u3000\u3000\u30a6\u30a9\u30e9\u30fcFRB\u7406\u4e8b\u304c\u6765\u6708\u306e\u5229\u4e0b\u3052\u3092\u652f\u6301\u3059\u308b\u8003\u3048\u3092\u793a\u3057\u3001\u5e02\u5834\u306e\u697d\u89b3\u8ad6\u306b\u62cd\u8eca\u3092\u304b\u3051\u305f\u300221\u65e5\u306b\u306f\u3001\u30cb\u30e5\u30fc\u30e8\u30fc\u30af\u9023\u9280\u306e\u30a6\u30a3\u30ea\u30a2\u30e0\u30ba\u7dcf\u88c1\u3082\u3001\u8fd1\u304f\u5229\u4e0b\u3052\u3092\u5b9f\u65bd\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3068\u306e\u898b\u89e3\u3092\u793a\u3057\u305f\u3002<\/p>\n
\u3000\u3000\u30b9\u30ef\u30c3\u30d7\u5e02\u5834\u3067\u306f\u3001\u9023\u90a6\u516c\u958b\u5e02\u5834\u59d4\u54e1\u4f1a\uff08FOMC\uff09\u304c12\u67089\uff0d10\u65e5\u306e\u6b21\u56de\u4f1a\u5408\u3067\u5229\u4e0b\u3052\u3092\u5b9f\u65bd\u3059\u308b\u78ba\u7387\u306f70%\u3068\u898b\u8fbc\u307e\u308c\u3066\u3044\u308b\u3002\u305f\u3060\u30019\u6708\u306810\u6708\u306b\u7d9a\u304d\u30013\u4f1a\u5408\u9023\u7d9a\u3067\u8ffd\u52a0\u5229\u4e0b\u3052\u3092\u884c\u3046\u3079\u304d\u304b\u306b\u3064\u3044\u3066FOMC\u5185\u90e8\u3067\u306f\u610f\u898b\u304c\u5927\u304d\u304f\u5206\u304b\u308c\u3066\u3044\u308b\u3088\u3046\u3060\u3002<\/p>\n
\u3000\u3000\u5229\u606f\u3092\u751f\u307e\u306a\u3044\u91d1\u306f\u901a\u5e38\u3001\u91d1\u5229\u4f4e\u4e0b\u5c40\u9762\u3067\u6069\u6075\u3092\u53d7\u3051\u3084\u3059\u3044\u3002<\/p>\n
![](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/11\/1764026542_58_-1x-1.png\"\/)
<\/p>\n
\u3000\u3000\u30da\u30c3\u30d1\u30fc\u30b9\u30c8\u30fc\u30f3\u30fb\u30b0\u30eb\u30fc\u30d7\u306e\u30b9\u30c8\u30e9\u30c6\u30b8\u30b9\u30c8\u3001\u30a2\u30d5\u30de\u30c9\u30fb\u30a2\u30b7\u30ea\u6c0f\u306f\u3001\u5229\u4e0b\u3052\u306e\u9053\u7b4b\u306f\u300c\u4e88\u6e2c\u304c\u96e3\u3057\u304f\u3001\u5224\u65ad\u3082\u5fae\u5999\u3060\u3002\u305d\u306e\u305f\u3081\u91d1\u4fa1\u683c\u306f\u5f53\u9762\u3001\u73fe\u5728\u306e\u6c34\u6e96\u4ed8\u8fd1\u3067\u3082\u307f\u5408\u3046\u5c55\u958b\u304c\u7d9a\u304f\u3060\u308d\u3046\u300d\u3068\u8ff0\u3079\u305f\u3002\u300c\u91d1\u304c\u65e9\u6025\u306b\u5927\u304d\u304f\u52d5\u304f\u5146\u3057\u306f\u898b\u3089\u308c\u305a\u3001\u3080\u3057\u308d\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u30fc\u304c\u4f4e\u4e0b\u3059\u308b\u4e2d\u3067\u3001\u4e0a\u4e0b\u3069\u3061\u3089\u306b\u3082\u632f\u308c\u3084\u3059\u3044\u72b6\u6cc1\u306b\u306a\u3063\u3066\u3044\u308b\u300d\u3068\u8a9e\u3063\u305f\u3002<\/p>\n
\u3000\u3000\u91d1\u30b9\u30dd\u30c3\u30c8\u76f8\u5834\u306f\u30cb\u30e5\u30fc\u30e8\u30fc\u30af\u6642\u9593\u5348\u5f8c1\u664255\u5206\u73fe\u5728\u3001\u524d\u55b6\u696d\u65e5\u6bd454.56\u30c9\u30eb\uff081.3%\uff09\u9ad8\u306e1\u30aa\u30f3\u30b9=4119.70\u30c9\u30eb\u3002\u30cb\u30e5\u30fc\u30e8\u30fc\u30af\u5546\u54c1\u53d6\u5f15\u6240\uff08COMEX\uff09\u306e\u91d1\u5148\u726912\u6708\u9650\u306f14.80\u30c9\u30eb\uff080.4%\uff09\u4e0a\u3052\u30664130.80\u30c9\u30eb\u3067\u5f15\u3051\u305f\u3002<\/p>\n
\u539f\u984c\uff1aS&P 500 Posts Best Day in Six Weeks; Bitcoin Rises: Markets Wrap\uff08\u629c\u7c8b\uff09<\/p>\n
Treasuries Long-End Gains; Flattening Holds After Solid 2Y Sale<\/p>\n
US Treasuries Rise as Traders Add to December Rate-Cut Bets<\/p>\n
Dollar Steadies on Month-End Flows as Yen Lags: Inside G-10<\/p>\n
Oil Rises as Prospects for Ukraine Peace Deal Dominate Market<\/p>\n
Gold Advances as Traders Bet on December Rate Cut, Await US Data<\/p>\n
\u2014 \u53d6\u6750\u5354\u529b Julien Ponthus, Lynn Thomasson, Natalia Kniazhevich and Denitsa Tsekova<\/p>\n","protected":false},"excerpt":{"rendered":"
24\u65e5\u306e\u7c73\u56fd\u682a\u306f\u7d9a\u4f38\u3002\u30c6\u30af\u30ce\u30ed\u30b8\u30fc\u9298\u67c4\u3092\u4e2d\u5fc3\u306b\u8cb7\u3044\u9032\u307e\u308c\u305f\u3002\u591a\u304f\u306e\u7d4c\u6e08\u30c7\u30fc\u30bf\u306e\u767a\u8868\u304c\u4eca\u9031\u4e88\u5b9a\u3055\u308c\u308b\u4e2d\u3001\u5e02\u5834\u3067\u306f\u7c73\u9023\u90a6\u516c\u958b\u5e02\u5834\u59d4\u54e1\u4f1a\uff08FOMC\uff09\u304c12\u6708\u306b\u5229\u4e0b\u3052\u3092\u5b9f\u65bd\u3059\u308b\u3068\u306e\u697d\u89b3\u304c\u5f37\u307e\u3063\u3066\u3044\u308b\u3002 \u682a\u5f0f\u7d42\u5024\u524d\u55b6\u696d\u65e5\u6bd4\u5909\u5316\u7387\uff33<\/p>\n","protected":false},"author":2,"featured_media":2703724,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[762757],"tags":[6782,527890,123973,783650,4102,783651,6711,145965,783649,782642,173318,787970,129441,578],"class_list":{"0":"post-2703723","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-business-news","10":"tag-cojp","11":"tag-commodities-markets","12":"tag-cryptocurrency","13":"tag-energy-industry","14":"tag-finance","15":"tag-government","16":"tag-greener-living","17":"tag-inflation","18":"tag-personal-finance","19":"tag-retail-trading","20":"tag-well-spent","21":"tag-578"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts\/2703723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/comments?post=2703723"}],"version-history":[{"count":0,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts\/2703723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/media\/2703724"}],"wp:attachment":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/media?parent=2703723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/categories?post=2703723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/tags?post=2703723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}