{"id":79634,"date":"2026-05-14T09:08:03","date_gmt":"2026-05-14T02:08:03","guid":{"rendered":"https:\/\/hbbgroup.net\/euro-recovers-above-1-1700-as-ecb-rate-hike-expectations-counter-stronger-us-ppi\/"},"modified":"2026-05-14T12:04:55","modified_gmt":"2026-05-14T05:04:55","slug":"euro-phuc-hoi-vuot-moc-1-1700-khi-ky-vong-ecb-tang-lai-suat-doi-trong-voi-du-lieu-ppi-manh-cua-my","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/euro-phuc-hoi-vuot-moc-1-1700-khi-ky-vong-ecb-tang-lai-suat-doi-trong-voi-du-lieu-ppi-manh-cua-my\/","title":{"rendered":"Euro ph\u1ee5c h\u1ed3i v\u01b0\u1ee3t m\u1ed1c 1.1700 khi k\u1ef3 v\u1ecdng ECB t\u0103ng l\u00e3i su\u1ea5t \u0111\u1ed1i tr\u1ecdng v\u1edbi d\u1eef li\u1ec7u PPI m\u1ea1nh c\u1ee7a M\u1ef9"},"content":{"rendered":"<p>C\u1eb7p EUR\/USD ph\u1ee5c h\u1ed3i m\u1ed9t ph\u1ea7n \u0111\u00e0 gi\u1ea3m, t\u0103ng l\u00ean g\u1ea7n 1.1720 trong phi\u00ean \u00c1 s\u00e1ng th\u1ee9 N\u0103m. \u0110\u1ed3ng Euro (EUR) t\u0103ng nh\u1eb9 so v\u1edbi \u0110\u00f4 la M\u1ef9 (USD) nh\u1edd c\u00e1c t\u00edn hi\u1ec7u mang t\u00ednh \u201cdi\u1ec1u h\u00e2u\u201d t\u1eeb c\u00e1c quan ch\u1ee9c Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng ch\u00e2u \u00c2u (ECB). Nh\u00e0 \u0111\u1ea7u t\u01b0 hi\u1ec7n ch\u1edd th\u00eam t\u00edn hi\u1ec7u t\u1eeb b\u00e1o c\u00e1o Doanh s\u1ed1 b\u00e1n l\u1ebb th\u00e1ng 4 c\u1ee7a M\u1ef9, d\u1ef1 ki\u1ebfn c\u00f4ng b\u1ed1 v\u00e0o cu\u1ed1i ng\u00e0y th\u1ee9 N\u0103m.<\/p>\n<p>Th\u00e0nh vi\u00ean ECB Joachim Nagel cho bi\u1ebft h\u00f4m th\u1ee9 T\u01b0 r\u1eb1ng kh\u1ea3 n\u0103ng ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng c\u1ea7n ph\u1ea3i n\u00e2ng chi ph\u00ed vay do t\u00e1c \u0111\u1ed9ng t\u1eeb cu\u1ed9c chi\u1ebfn Iran \u0111ang gia t\u0103ng. Trong khi \u0111\u00f3, Kinh t\u1ebf tr\u01b0\u1edfng ECB Philip Lane cho r\u1eb1ng c\u00e1c quan ch\u1ee9c c\u1ea7n nghi\u00ean c\u1ee9u k\u1ef9 t\u00e1c \u0111\u1ed9ng \u0111\u1ed1i v\u1edbi t\u0103ng tr\u01b0\u1edfng v\u00e0 l\u1ea1m ph\u00e1t tr\u01b0\u1edbc khi \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh, \u0111\u1ed3ng th\u1eddi nh\u1ea5n m\u1ea1nh vi\u1ec7c x\u00e1c \u0111\u1ecbnh l\u1eadp tr\u01b0\u1eddng ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 ph\u00f9 h\u1ee3p v\u1eabn l\u00e0 m\u1ed9t quy\u1ebft \u0111\u1ecbnh mang t\u00ednh \u0111\u00e1nh gi\u00e1.<\/p>\n<p>Theo kh\u1ea3o s\u00e1t c\u1ee7a Reuters, ph\u1ea7n l\u1edbn c\u00e1c nh\u00e0 kinh t\u1ebf h\u1ecdc \u2014 kho\u1ea3ng 85% \u2014 hi\u1ec7n k\u1ef3 v\u1ecdng ECB s\u1ebd n\u00e2ng l\u00e3i su\u1ea5t ti\u1ec1n g\u1eedi th\u00eam 25 \u0111i\u1ec3m c\u01a1 b\u1ea3n l\u00ean 2,25% v\u00e0o th\u00e1ng 6, t\u0103ng m\u1ea1nh so v\u1edbi t\u1ef7 l\u1ec7 ch\u1ec9 h\u01a1n m\u1ed9t n\u1eeda tr\u01b0\u1edbc cu\u1ed9c h\u1ecdp th\u00e1ng 4.<\/p>\n<p>\u1ede chi\u1ec1u ng\u01b0\u1ee3c l\u1ea1i, C\u1ee5c Th\u1ed1ng k\u00ea Lao \u0111\u1ed9ng M\u1ef9 c\u00f4ng b\u1ed1 h\u00f4m th\u1ee9 T\u01b0 r\u1eb1ng l\u1ea1m ph\u00e1t b\u00e1n bu\u00f4n t\u1ea1i M\u1ef9 \u0111\u00e3 t\u0103ng m\u1ea1nh nh\u1ea5t k\u1ec3 t\u1eeb cu\u1ed1i n\u0103m 2022, v\u1edbi Ch\u1ec9 s\u1ed1 Gi\u00e1 S\u1ea3n xu\u1ea5t (PPI) t\u0103ng 6,0% so v\u1edbi c\u00f9ng k\u1ef3 trong th\u00e1ng 4. Con s\u1ed1 n\u00e0y cao h\u01a1n m\u1ee9c 4,3% c\u1ee7a th\u00e1ng 3 v\u00e0 v\u01b0\u1ee3t d\u1ef1 b\u00e1o th\u1ecb tr\u01b0\u1eddng l\u00e0 4,9%.<\/p>\n<p>Theo th\u00e1ng, l\u1ea1m ph\u00e1t PPI t\u0103ng l\u00ean 1,4% trong th\u00e1ng 4 t\u1eeb m\u1ee9c 0,7% c\u1ee7a th\u00e1ng 3 v\u00e0 c\u0169ng v\u01b0\u1ee3t xa d\u1ef1 b\u00e1o 0,5%. D\u1eef li\u1ec7u PPI cao h\u01a1n k\u1ef3 v\u1ecdng c\u00f3 th\u1ec3 gi\u00fap h\u1ea1n ch\u1ebf \u0111\u00e0 suy y\u1ebfu c\u1ee7a \u0111\u1ed3ng USD trong ng\u1eafn h\u1ea1n.<\/p>\n<h4>Gi\u1ea3i \u0111\u00e1p v\u1ec1 \u0111\u1ed3ng Euro<\/h4>\n<p>Euro l\u00e0 \u0111\u1ed3ng ti\u1ec1n chung c\u1ee7a 20 qu\u1ed1c gia thu\u1ed9c Li\u00ean minh ch\u00e2u \u00c2u n\u1eb1m trong khu v\u1ef1c Eurozone. \u0110\u00e2y l\u00e0 \u0111\u1ed3ng ti\u1ec1n \u0111\u01b0\u1ee3c giao d\u1ecbch nhi\u1ec1u th\u1ee9 hai tr\u00ean th\u1ebf gi\u1edbi sau \u0110\u00f4 la M\u1ef9. N\u0103m 2022, Euro chi\u1ebfm kho\u1ea3ng 31% t\u1ed5ng giao d\u1ecbch ngo\u1ea1i h\u1ed1i to\u00e0n c\u1ea7u, v\u1edbi kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch trung b\u00ecnh h\u01a1n 2,2 ngh\u00ecn t\u1ef7 USD m\u1ed7i ng\u00e0y. EUR\/USD l\u00e0 c\u1eb7p ti\u1ec1n \u0111\u01b0\u1ee3c giao d\u1ecbch nhi\u1ec1u nh\u1ea5t th\u1ebf gi\u1edbi, chi\u1ebfm kho\u1ea3ng 30% t\u1ed5ng giao d\u1ecbch, ti\u1ebfp theo l\u00e0 EUR\/JPY (4%), EUR\/GBP (3%) v\u00e0 EUR\/AUD (2%).<\/p>\n<p>Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng ch\u00e2u \u00c2u (ECB), \u0111\u1eb7t tr\u1ee5 s\u1edf t\u1ea1i Frankfurt, \u0110\u1ee9c, l\u00e0 ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng c\u1ee7a Eurozone. ECB thi\u1ebft l\u1eadp l\u00e3i su\u1ea5t v\u00e0 \u0111i\u1ec1u h\u00e0nh ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7. Nhi\u1ec7m v\u1ee5 ch\u00ednh c\u1ee7a ECB l\u00e0 duy tr\u00ec \u1ed5n \u0111\u1ecbnh gi\u00e1 c\u1ea3, t\u1ee9c ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t ho\u1eb7c h\u1ed7 tr\u1ee3 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf. C\u00f4ng c\u1ee5 ch\u00ednh c\u1ee7a ECB l\u00e0 n\u00e2ng ho\u1eb7c h\u1ea1 l\u00e3i su\u1ea5t. L\u00e3i su\u1ea5t t\u01b0\u01a1ng \u0111\u1ed1i cao \u2014 ho\u1eb7c k\u1ef3 v\u1ecdng l\u00e3i su\u1ea5t t\u0103ng \u2014 th\u01b0\u1eddng h\u1ed7 tr\u1ee3 \u0111\u1ed3ng Euro v\u00e0 ng\u01b0\u1ee3c l\u1ea1i. H\u1ed9i \u0111\u1ed3ng Th\u1ed1ng \u0111\u1ed1c ECB \u0111\u01b0a ra c\u00e1c quy\u1ebft \u0111\u1ecbnh ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 t\u1ea1i c\u00e1c cu\u1ed9c h\u1ecdp di\u1ec5n ra t\u00e1m l\u1ea7n m\u1ed7i n\u0103m. Quy\u1ebft \u0111\u1ecbnh \u0111\u01b0\u1ee3c \u0111\u01b0a ra b\u1edfi l\u00e3nh \u0111\u1ea1o c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng qu\u1ed1c gia trong Eurozone c\u00f9ng s\u00e1u th\u00e0nh vi\u00ean th\u01b0\u1eddng tr\u1ef1c, bao g\u1ed3m Ch\u1ee7 t\u1ecbch ECB Christine Lagarde.<\/p>\n<p>D\u1eef li\u1ec7u l\u1ea1m ph\u00e1t Eurozone, \u0111\u01b0\u1ee3c \u0111o b\u1eb1ng Ch\u1ec9 s\u1ed1 Gi\u00e1 Ti\u00eau d\u00f9ng H\u00e0i h\u00f2a (HICP), l\u00e0 ch\u1ec9 s\u1ed1 kinh t\u1ebf quan tr\u1ecdng \u0111\u1ed1i v\u1edbi \u0111\u1ed3ng Euro. N\u1ebfu l\u1ea1m ph\u00e1t t\u0103ng m\u1ea1nh h\u01a1n d\u1ef1 ki\u1ebfn, \u0111\u1eb7c bi\u1ec7t v\u01b0\u1ee3t m\u1ee5c ti\u00eau 2% c\u1ee7a ECB, \u0111i\u1ec1u n\u00e0y bu\u1ed9c ECB ph\u1ea3i t\u0103ng l\u00e3i su\u1ea5t \u0111\u1ec3 ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t. M\u1ee9c l\u00e3i su\u1ea5t t\u01b0\u01a1ng \u0111\u1ed1i cao h\u01a1n so v\u1edbi c\u00e1c khu v\u1ef1c kh\u00e1c th\u01b0\u1eddng h\u1ed7 tr\u1ee3 \u0111\u1ed3ng Euro v\u00ec khi\u1ebfn khu v\u1ef1c n\u00e0y h\u1ea5p d\u1eabn h\u01a1n \u0111\u1ed1i v\u1edbi d\u00f2ng v\u1ed1n \u0111\u1ea7u t\u01b0 to\u00e0n c\u1ea7u.<\/p>\n<p>C\u00e1c d\u1eef li\u1ec7u kinh t\u1ebf c\u0169ng ph\u1ea3n \u00e1nh s\u1ee9c kh\u1ecfe n\u1ec1n kinh t\u1ebf v\u00e0 c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn \u0111\u1ed3ng Euro. Nh\u1eefng ch\u1ec9 s\u1ed1 nh\u01b0 GDP, PMI s\u1ea3n xu\u1ea5t v\u00e0 d\u1ecbch v\u1ee5, vi\u1ec7c l\u00e0m v\u00e0 kh\u1ea3o s\u00e1t ni\u1ec1m tin ti\u00eau d\u00f9ng \u0111\u1ec1u c\u00f3 th\u1ec3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn xu h\u01b0\u1edbng c\u1ee7a \u0111\u1ed3ng ti\u1ec1n chung ch\u00e2u \u00c2u. M\u1ed9t n\u1ec1n kinh t\u1ebf m\u1ea1nh s\u1ebd c\u00f3 l\u1ee3i cho Euro v\u00ec kh\u00f4ng ch\u1ec9 thu h\u00fat \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i m\u00e0 c\u00f2n c\u00f3 th\u1ec3 khi\u1ebfn ECB t\u0103ng l\u00e3i su\u1ea5t, t\u1eeb \u0111\u00f3 tr\u1ef1c ti\u1ebfp h\u1ed7 tr\u1ee3 \u0111\u1ed3ng Euro. Ng\u01b0\u1ee3c l\u1ea1i, n\u1ebfu d\u1eef li\u1ec7u kinh t\u1ebf y\u1ebfu, Euro c\u00f3 kh\u1ea3 n\u0103ng suy gi\u1ea3m. D\u1eef li\u1ec7u t\u1eeb b\u1ed1n n\u1ec1n kinh t\u1ebf l\u1edbn nh\u1ea5t Eurozone g\u1ed3m \u0110\u1ee9c, Ph\u00e1p, \u00dd v\u00e0 T\u00e2y Ban Nha \u0111\u1eb7c bi\u1ec7t quan tr\u1ecdng v\u00ec ch\u00fang chi\u1ebfm kho\u1ea3ng 75% n\u1ec1n kinh t\u1ebf khu v\u1ef1c.<\/p>\n<p>M\u1ed9t d\u1eef li\u1ec7u quan tr\u1ecdng kh\u00e1c \u0111\u1ed1i v\u1edbi \u0111\u1ed3ng Euro l\u00e0 c\u00e1n c\u00e2n th\u01b0\u01a1ng m\u1ea1i. Ch\u1ec9 s\u1ed1 n\u00e0y \u0111o l\u01b0\u1eddng ch\u00eanh l\u1ec7ch gi\u1eefa gi\u00e1 tr\u1ecb xu\u1ea5t kh\u1ea9u v\u00e0 nh\u1eadp kh\u1ea9u c\u1ee7a m\u1ed9t qu\u1ed1c gia trong m\u1ed9t kho\u1ea3ng th\u1eddi gian nh\u1ea5t \u0111\u1ecbnh. N\u1ebfu m\u1ed9t qu\u1ed1c gia s\u1ea3n xu\u1ea5t c\u00e1c m\u1eb7t h\u00e0ng xu\u1ea5t kh\u1ea9u \u0111\u01b0\u1ee3c s\u0103n \u0111\u00f3n m\u1ea1nh, \u0111\u1ed3ng ti\u1ec1n c\u1ee7a qu\u1ed1c gia \u0111\u00f3 s\u1ebd t\u0103ng gi\u00e1 nh\u1edd nhu c\u1ea7u mua h\u00e0ng h\u00f3a t\u1eeb n\u01b0\u1edbc ngo\u00e0i. V\u00ec v\u1eady, c\u00e1n c\u00e2n th\u01b0\u01a1ng m\u1ea1i d\u01b0\u01a1ng th\u01b0\u1eddng h\u1ed7 tr\u1ee3 \u0111\u1ed3ng ti\u1ec1n, c\u00f2n c\u00e1n c\u00e2n \u00e2m s\u1ebd g\u00e2y t\u00e1c \u0111\u1ed9ng ng\u01b0\u1ee3c l\u1ea1i.<\/p>","protected":false},"excerpt":{"rendered":"<p>C\u1eb7p EUR\/USD ph\u1ee5c h\u1ed3i m\u1ed9t ph\u1ea7n \u0111\u00e0 gi\u1ea3m, t\u0103ng l\u00ean g\u1ea7n 1.1720 trong phi\u00ean \u00c1 s\u00e1ng th\u1ee9 N\u0103m. \u0110\u1ed3ng Euro [&hellip;]<\/p>","protected":false},"author":5,"featured_media":79635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[222],"tags":[],"class_list":["post-79634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ngoai-hoi"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/79634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=79634"}],"version-history":[{"count":1,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/79634\/revisions"}],"predecessor-version":[{"id":79786,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/79634\/revisions\/79786"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/79635"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=79634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=79634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=79634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}