{"id":9458,"date":"2026-05-20T08:33:13","date_gmt":"2026-05-20T08:33:13","guid":{"rendered":"https:\/\/www.mdwcc.com\/?p=9458"},"modified":"2026-05-20T08:33:16","modified_gmt":"2026-05-20T08:33:16","slug":"the-us-iran-conflict-triggered-a-sell-off-in-us-treasury-bonds-and-global-markets-face-a-critical-test-after-the-5-support-level-was-breached","status":"publish","type":"post","link":"https:\/\/www.mdwcc.com\/vi\/the-us-iran-conflict-triggered-a-sell-off-in-us-treasury-bonds-and-global-markets-face-a-critical-test-after-the-5-support-level-was-breached\/","title":{"rendered":"Xung \u0111\u1ed9t M\u1ef9-Iran \u0111\u00e3 g\u00e2y ra \u0111\u1ee3t b\u00e1n th\u00e1o tr\u00e1i phi\u1ebfu kho b\u1ea1c Hoa K\u1ef3 v\u00e0 th\u1ecb tr\u01b0\u1eddng to\u00e0n c\u1ea7u ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi th\u1eed th\u00e1ch quan tr\u1ecdng sau khi m\u1ee9c h\u1ed7 tr\u1ee3 5% b\u1ecb vi ph\u1ea1m"},"content":{"rendered":"

Nh\u00f3m nghi\u00ean c\u1ee9u v\u0129 m\u00f4 c\u1ee7a ACE Markets, k\u1ebft h\u1ee3p b\u00e1o c\u00e1o TIC m\u1edbi nh\u1ea5t t\u1eeb \u200b\u200bB\u1ed9 T\u00e0i ch\u00ednh Hoa K\u1ef3, d\u1eef li\u1ec7u th\u1ecb tr\u01b0\u1eddng l\u00e3i su\u1ea5t to\u00e0n c\u1ea7u v\u00e0 ph\u00e2n t\u00edch t\u1eeb c\u00e1c t\u1ed5 ch\u1ee9c ch\u00ednh th\u1ed1ng, tin r\u1eb1ng c\u00fa s\u1ed1c gi\u00e1 d\u1ea7u do xung \u0111\u1ed9t M\u1ef9-Iran g\u00e2y ra \u0111ang \u0111\u1ea9y nhanh t\u1ed1c \u0111\u1ed9 lan truy\u1ec1n sang th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu to\u00e0n c\u1ea7u, trong \u0111\u00f3 Kho b\u1ea1c Hoa K\u1ef3 ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi \u00e1p l\u1ef1c b\u00e1n m\u1ea1nh nh\u1ea5t th\u1ebf k\u1ef7 n\u00e0y. V\u00e0o th\u00e1ng 3, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i \u0111\u00e3 gi\u1ea3m l\u01b0\u1ee3ng n\u1eafm gi\u1eef Tr\u00e1i phi\u1ebfu Kho b\u1ea1c Hoa K\u1ef3 xu\u1ed1ng 138,4 t\u1ef7 USD ch\u1ec9 trong m\u1ed9t th\u00e1ng, khi\u1ebfn l\u00e3i su\u1ea5t Tr\u00e1i phi\u1ebfu Kho b\u1ea1c Hoa K\u1ef3 k\u1ef3 h\u1ea1n 30 n\u0103m t\u0103ng l\u00ean h\u01a1n 5,18%, m\u1ee9c cao m\u1edbi k\u1ec3 t\u1eeb n\u0103m 2007. K\u1ef3 v\u1ecdng v\u1ec1 ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 to\u00e0n c\u1ea7u v\u00e0 logic \u0111\u1ecbnh gi\u00e1 t\u00e0i s\u1ea3n \u0111ang \u0111\u01b0\u1ee3c t\u00e1i c\u01a1 c\u1ea5u s\u00e2u s\u1eafc. ACE Markets, th\u00f4ng qua h\u1ec7 th\u1ed1ng theo d\u00f5i d\u00e0i h\u1ea1n c\u00e1c d\u00f2ng v\u1ed1n xuy\u00ean bi\u00ean gi\u1edbi, c\u00e1c c\u00f4ng c\u1ee5 ph\u00e1i sinh l\u00e3i su\u1ea5t v\u00e0 n\u1eafm gi\u1eef c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng, gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u00ecn th\u1ea5u s\u1ef1 bi\u1ebfn \u0111\u1ed9ng v\u00e0 n\u1eafm b\u1eaft c\u00e1c \u0111\u1ed9ng l\u1ef1c c\u0169ng nh\u01b0 xu h\u01b0\u1edbng c\u1ed1t l\u00f5i c\u1ee7a \u0111\u1ee3t \u0111i\u1ec1u ch\u1ec9nh Kho b\u1ea1c Hoa K\u1ef3 n\u00e0y.<\/p>\n

<\/a>T\u1ef7 l\u1ec7 n\u1eafm gi\u1eef tr\u00e1i phi\u1ebfu Kho b\u1ea1c Hoa K\u1ef3 c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng to\u00e0n c\u1ea7u c\u00f3 s\u1ef1 kh\u00e1c bi\u1ec7t: Nh\u1eadt B\u1ea3n b\u00e1n th\u00e1o m\u1ea1nh, trong khi V\u01b0\u01a1ng qu\u1ed1c Anh \u0111i ng\u01b0\u1ee3c l\u1ea1i xu h\u01b0\u1edbng v\u00e0 t\u0103ng l\u01b0\u1ee3ng n\u1eafm gi\u1eef.<\/strong><\/p>\n

D\u1eef li\u1ec7u do B\u1ed9 T\u00e0i ch\u00ednh Hoa K\u1ef3 c\u00f4ng b\u1ed1 v\u00e0o ng\u00e0y 19 th\u00e1ng 5 cho th\u1ea5y c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i \u0111\u00e3 gi\u1ea3m l\u01b0\u1ee3ng n\u1eafm gi\u1eef tr\u00e1i phi\u1ebfu Kho b\u1ea1c Hoa K\u1ef3 xu\u1ed1ng 138,4 t\u1ef7 USD v\u00e0o th\u00e1ng 3 n\u0103m 2026, \u0111\u01b0a t\u1ed5ng l\u01b0\u1ee3ng n\u1eafm gi\u1eef c\u1ee7a h\u1ecd gi\u1ea3m t\u1eeb 9,49 ngh\u00ecn t\u1ef7 USD xu\u1ed1ng c\u00f2n 9,35 ngh\u00ecn t\u1ef7 USD, \u0111\u00e1nh d\u1ea5u m\u1ee9c gi\u1ea3m h\u00e0ng th\u00e1ng l\u1edbn th\u1ee9 hai \u0111\u01b0\u1ee3c ghi nh\u1eadn. Nh\u1eadt B\u1ea3n, ch\u1ee7 n\u1ee3 n\u01b0\u1edbc ngo\u00e0i l\u1edbn nh\u1ea5t c\u1ee7a M\u1ef9, \u0111\u00e3 gi\u1ea3m l\u01b0\u1ee3ng tr\u00e1i phi\u1ebfu n\u1eafm gi\u1eef 35,3 t\u1ef7 USD trong th\u00e1ng \u0111\u00f3, n\u00e2ng t\u1ed5ng l\u01b0\u1ee3ng tr\u00e1i phi\u1ebfu n\u1eafm gi\u1eef xu\u1ed1ng c\u00f2n 1,206 ngh\u00ecn t\u1ef7 USD, m\u1ee9c th\u1ea5p nh\u1ea5t trong g\u1ea7n 3 n\u0103m. Trung Qu\u1ed1c \u0111\u1ea1i l\u1ee5c \u0111\u00e3 gi\u1ea3m l\u01b0\u1ee3ng n\u1eafm gi\u1eef 18,9 t\u1ef7 USD trong c\u00f9ng th\u1eddi gian, n\u00e2ng t\u1ed5ng l\u01b0\u1ee3ng n\u1eafm gi\u1eef xu\u1ed1ng c\u00f2n 652,3 t\u1ef7 USD, m\u1ee9c th\u1ea5p m\u1edbi k\u1ec3 t\u1eeb cu\u1ed9c kh\u1ee7ng ho\u1ea3ng t\u00e0i ch\u00ednh 2008, ph\u1ea3n \u00e1nh xu h\u01b0\u1edbng phi \u0111\u00f4 la h\u00f3a t\u1eadp th\u1ec3 gi\u1eefa c\u00e1c qu\u1ed1c gia ch\u1ee7 n\u1ee3 l\u1edbn tr\u00ean to\u00e0n c\u1ea7u.<\/p>\n

\"\u5c40\u90e8\u622a\u53d6_20260520_144221\"<\/p>\n

Ph\u00e2n t\u00edch c\u1ee7a ACE Markets cho th\u1ea5y l\u00e0n s\u00f3ng ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng b\u00e1n th\u00e1o tr\u00e1i phi\u1ebfu kho b\u1ea1c M\u1ef9 hi\u1ec7n nay \u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y b\u1edfi hai y\u1ebfu t\u1ed1 ch\u00ednh:<\/p>\n

    \n
  1. Y\u00eau c\u1ea7u c\u1ee9ng nh\u1eafc v\u1ec1 can thi\u1ec7p t\u1ef7 gi\u00e1 <\/strong>: Xung \u0111\u1ed9t M\u1ef9-Iran \u0111\u00e3 \u0111\u1ea9y gi\u00e1 d\u1ea7u t\u0103ng cao, l\u00e0m x\u1ea5u \u0111i c\u00e1n c\u00e2n th\u01b0\u01a1ng m\u1ea1i c\u1ee7a Nh\u1eadt B\u1ea3n v\u00e0 c\u00e1c n\u1ec1n kinh t\u1ebf ch\u00e2u \u00c1 kh\u00e1c ph\u1ee5 thu\u1ed9c nhi\u1ec1u v\u00e0o nh\u1eadp kh\u1ea9u n\u0103ng l\u01b0\u1ee3ng, g\u00e2y \u00e1p l\u1ef1c l\u00ean \u0111\u1ed3ng ti\u1ec1n c\u1ee7a h\u1ecd. \u0110\u1ec3 \u1ed5n \u0111\u1ecbnh t\u1ef7 gi\u00e1 h\u1ed1i \u0111o\u00e1i, nhi\u1ec1u ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng \u0111\u00e3 bu\u1ed9c ph\u1ea3i b\u00e1n t\u00e0i s\u1ea3n \u0111\u1ed3ng \u0111\u00f4 la c\u00f3 t\u00ednh thanh kho\u1ea3n cao nh\u1ea5t \u0111\u1ec3 huy \u0111\u1ed9ng v\u1ed1n.<\/li>\n
  2. S\u1ef1 si\u1ebft ch\u1eb7t k\u00e9p c\u1ee7a l\u1ea1m ph\u00e1t v\u00e0 t\u1ed5n th\u1ea5t \u0111\u1ecbnh gi\u00e1 <\/strong>: Xung \u0111\u1ed9t \u1edf Trung \u0110\u00f4ng l\u00e0m tr\u1ea7m tr\u1ecdng th\u00eam m\u1ed1i lo ng\u1ea1i v\u1ec1 l\u1ea1m ph\u00e1t v\u00e0 l\u00e3i su\u1ea5t tr\u00e1i phi\u1ebfu kho b\u1ea1c M\u1ef9 t\u0103ng cao khi\u1ebfn gi\u00e1 tr\u00e1i phi\u1ebfu gi\u1ea3m m\u1ea1nh. V\u00e0o th\u00e1ng 3, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i \u0111\u00e3 ghi nh\u1eadn kho\u1ea3n l\u1ed7 ch\u01b0a th\u1ef1c hi\u1ec7n kho\u1ea3ng 142,1 t\u1ef7 USD \u0111\u1ed1i v\u1edbi vi\u1ec7c n\u1eafm gi\u1eef tr\u00e1i phi\u1ebfu Kho b\u1ea1c Hoa K\u1ef3 d\u00e0i h\u1ea1n c\u1ee7a h\u1ecd, t\u1ea1o ra m\u1ed9t v\u00f2ng ph\u1ea3n h\u1ed3i ti\u00eau c\u1ef1c v\u1ec1 \u201cb\u00e1n th\u1ee5 \u0111\u1ed9ng \u2192 b\u00e1n ch\u1ee7 \u0111\u1ed9ng\u201d. Trong khi \u0111\u00f3, c\u00e1c ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng c\u00f3 xu h\u01b0\u1edbng t\u0103ng ph\u00e2n b\u1ed5 ti\u1ec1n m\u1eb7t \u0111\u1ec3 chu\u1ea9n b\u1ecb cho nh\u1eefng can thi\u1ec7p ti\u1ec1m t\u00e0ng.<\/li>\n<\/ol>\n

    B\u1ed1i c\u1ea3nh n\u1eafm gi\u1eef cho th\u1ea5y s\u1ef1 ph\u00e2n h\u00f3a r\u00f5 r\u00e0ng, v\u1edbi vi\u1ec7c V\u01b0\u01a1ng qu\u1ed1c Anh \u0111i ng\u01b0\u1ee3c l\u1ea1i xu h\u01b0\u1edbng b\u1eb1ng c\u00e1ch t\u0103ng l\u01b0\u1ee3ng n\u1eafm gi\u1eef th\u00eam 27 t\u1ef7 USD trong th\u00e1ng 3, n\u00e2ng t\u1ed5ng s\u1ed1 n\u1eafm gi\u1eef l\u00ean 924,3 t\u1ef7 USD, tr\u1edf th\u00e0nh qu\u1ed1c gia mua l\u1edbn nh\u1ea5t trong th\u00e1ng \u0111\u00f3. ACE Markets tin r\u1eb1ng \u0111i\u1ec1u n\u00e0y ch\u1ee7 y\u1ebfu l\u00e0 do s\u1ef1 \u1ed5n \u0111\u1ecbnh c\u1ee7a \u0111\u1ed3ng b\u1ea3ng Anh, vai tr\u00f2 c\u1ee7a V\u01b0\u01a1ng qu\u1ed1c Anh nh\u01b0 m\u1ed9t trung t\u00e2m t\u00e0i ch\u00ednh trong vi\u1ec7c qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n c\u1ee7a kh\u00e1ch h\u00e0ng v\u00e0 l\u1eadp tr\u01b0\u1eddng t\u01b0\u01a1ng \u0111\u1ed1i \u0111\u1ed9c l\u1eadp c\u1ee7a n\u01b0\u1edbc n\u00e0y trong c\u00e1c xung \u0111\u1ed9t \u0111\u1ecba ch\u00ednh tr\u1ecb l\u00e0m gi\u1ea3m \u00e1p l\u1ef1c an ninh n\u0103ng l\u01b0\u1ee3ng. Li\u00ean quan \u0111\u1ebfn nguy c\u01a1 Nh\u1eadt B\u1ea3n ti\u1ebfp t\u1ee5c b\u00e1n ra, ACE Markets ch\u1ec9 ra r\u1eb1ng th\u00e2m h\u1ee5t t\u00e0i kho\u1ea3n v\u00e3ng lai ng\u00e0y c\u00e0ng gia t\u0103ng c\u1ee7a Nh\u1eadt B\u1ea3n, \u00e1p l\u1ef1c k\u00e9o d\u00e0i l\u00ean s\u1ef1 m\u1ea5t gi\u00e1 c\u1ee7a \u0111\u1ed3ng Y\u00ean v\u00e0 l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu Nh\u1eadt B\u1ea3n ti\u1ebfp t\u1ee5c t\u0103ng \u0111\u00e3 d\u1eabn \u0111\u1ebfn vi\u1ec7c \u201cr\u00fat v\u1ed1n Nh\u1eadt B\u1ea3n v\u1ec1 n\u01b0\u1edbc\u201d, cho th\u1ea5y ti\u1ec1m n\u0103ng gi\u1ea3m l\u01b0\u1ee3ng n\u1eafm gi\u1eef h\u01a1n n\u1eefa. Tuy nhi\u00ean, M\u1ef9 \u0111\u00e3 th\u1ec3 hi\u1ec7n r\u00f5 r\u00e0ng mong mu\u1ed1n gi\u1ea3m b\u1edbt \u00e1p l\u1ef1c l\u00ean d\u1ef1 tr\u1eef ngo\u1ea1i h\u1ed1i c\u1ee7a Nh\u1eadt B\u1ea3n th\u00f4ng qua h\u1ee3p t\u00e1c th\u01b0\u01a1ng m\u1ea1i, thay v\u00ec cho ph\u00e9p Nh\u1eadt B\u1ea3n b\u00e1n th\u00e1o tr\u00e1i phi\u1ebfu kho b\u1ea1c M\u1ef9 tr\u00ean quy m\u00f4 l\u1edbn.<\/p>\n

    <\/a>L\u1ee3i su\u1ea5t v\u01b0\u1ee3t qua ng\u01b0\u1ee1ng kh\u00e1ng c\u1ef1: \u0110\u01b0\u1eddng ph\u00f2ng th\u1ee7 5% b\u1ecb ph\u00e1 v\u1ee1 v\u00e0 5,5% tr\u1edf th\u00e0nh \u0111i\u1ec3m neo m\u1edbi c\u1ee7a th\u1ecb tr\u01b0\u1eddng.<\/strong><\/p>\n

    L\u00e3i su\u1ea5t 5% c\u1ee7a tr\u00e1i phi\u1ebfu kho b\u1ea1c M\u1ef9, t\u1eebng \u0111\u01b0\u1ee3c coi l\u00e0 \u201cc\u01a1 h\u1ed9i t\u1ed1t \u0111\u1ec3 mua \u0111\u00e1y\u201d, \u0111\u00e3 b\u1ecb ph\u00e1 v\u1ee1 ho\u00e0n to\u00e0n. V\u00e0o ng\u00e0y 18 th\u00e1ng 5, l\u00e3i su\u1ea5t tr\u00e1i phi\u1ebfu kho b\u1ea1c M\u1ef9 k\u1ef3 h\u1ea1n 30 n\u0103m \u0111\u1ea1t m\u1ee9c cao nh\u1ea5t trong ng\u00e0y l\u00e0 5,197%, \u0111\u00f3ng c\u1eeda \u1edf m\u1ee9c 5,183%, m\u1ee9c cao m\u1edbi k\u1ec3 t\u1eeb th\u00e1ng 7 n\u0103m 2007. CPI th\u00e1ng 4 c\u1ee7a M\u1ef9 t\u0103ng 3,8% so v\u1edbi c\u00f9ng k\u1ef3 n\u0103m ngo\u00e1i v\u00e0 PPI t\u0103ng 1,4% so v\u1edbi th\u00e1ng tr\u01b0\u1edbc. S\u1ef1 k\u1ebft h\u1ee3p gi\u1eefa l\u1ea1m ph\u00e1t kh\u00f3 kh\u0103n v\u00e0 gi\u00e1 d\u1ea7u cao \u0111\u00e3 tr\u1ef1c ti\u1ebfp \u0111\u1ea9y ph\u00ed b\u1ea3o hi\u1ec3m d\u00e0i h\u1ea1n l\u00ean cao.<\/p>\n

    \"\u5c40\u90e8\u622a\u53d6_20260520_144555\"<\/p>\n

    Theo d\u00f5i c\u1ee7a ACE Markets cho th\u1ea5y r\u1eb1ng t\u00e2m l\u00fd ph\u00f2ng th\u1ee7 c\u1ee7a c\u00e1c nh\u00e0 giao d\u1ecbch tr\u00e1i phi\u1ebfu \u0111\u00e3 chuy\u1ec3n sang m\u1ee9c 5,5% do Citigroup \u0111\u1ec1 xu\u1ea5t. Logic \u0111\u1eb1ng sau vi\u1ec7c c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 mua Tr\u00e1i phi\u1ebfu Kho b\u1ea1c Hoa K\u1ef3 v\u1edbi gi\u00e1 h\u1eddi \u0111\u00e3 thay \u0111\u1ed5i v\u1ec1 c\u01a1 b\u1ea3n. L\u1ea1m ph\u00e1t l\u00f5i dai d\u1eb3ng, kh\u1ea3 n\u0103ng ph\u1ee5c h\u1ed3i t\u01b0\u01a1ng \u0111\u1ed1i c\u1ee7a n\u1ec1n kinh t\u1ebf M\u1ef9 v\u00e0 c\u00fa s\u1ed1c n\u0103ng l\u01b0\u1ee3ng \u0111ang di\u1ec5n ra \u0111\u00e3 ph\u00e1 v\u1ee1 s\u1ef1 \u0111\u1ed3ng thu\u1eadn chung c\u1ee7a th\u1ecb tr\u01b0\u1eddng quanh m\u1ee9c 5%. C\u1ea3 Barclays v\u00e0 BNP Paribas \u0111\u1ec1u c\u1ea3nh b\u00e1o r\u1eb1ng \u00e1p l\u1ef1c b\u00e1n tr\u00e1i phi\u1ebfu c\u00f3 th\u1ec3 v\u1eabn ch\u01b0a \u0111\u01b0\u1ee3c gi\u1ea3i ph\u00f3ng ho\u00e0n to\u00e0n.<\/p>\n

    V\u00f2ng l\u00e3i su\u1ea5t tr\u00e1i phi\u1ebfu kho b\u1ea1c Hoa K\u1ef3 t\u0103ng n\u00e0y th\u1ec3 hi\u1ec7n m\u1ed9t m\u00f4 h\u00ecnh \u0111\u1ed3ng b\u1ed9 tr\u00ean to\u00e0n c\u1ea7u: l\u00e3i su\u1ea5t tr\u00e1i phi\u1ebfu 30 n\u0103m c\u1ee7a \u0110\u1ee9c \u0111\u1ea1t m\u1ee9c cao nh\u1ea5t trong 15 n\u0103m, l\u00e3i su\u1ea5t tr\u00e1i phi\u1ebfu Nh\u1eadt B\u1ea3n c\u00f3 c\u00f9ng k\u1ef3 h\u1ea1n \u0111\u1ea1t m\u1ee9c cao nh\u1ea5t k\u1ec3 t\u1eeb khi ph\u00e1t h\u00e0nh n\u0103m 1999 v\u00e0 tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 Anh ch\u1ee9ng ki\u1ebfn \u200b\u200bl\u01b0\u1ee3ng b\u00e1n t\u0103ng do lo ng\u1ea1i t\u00e0i ch\u00ednh. Xu h\u01b0\u1edbng l\u00e3i su\u1ea5t \u0111\u00e3 \u0111\u1ea3o ng\u01b0\u1ee3c ho\u00e0n to\u00e0n k\u1ef3 v\u1ecdng v\u1ec1 ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7. T\u00ednh \u0111\u1ebfn ng\u00e0y 20\/5, th\u1ecb tr\u01b0\u1eddng ho\u00e1n \u0111\u1ed5i l\u00e3i su\u1ea5t cho th\u1ea5y x\u00e1c su\u1ea5t Fed t\u0103ng l\u00e3i su\u1ea5t tr\u01b0\u1edbc cu\u1ed1i n\u0103m 2026 v\u01b0\u1ee3t qu\u00e1 80%, tr\u00e1i ng\u01b0\u1ee3c ho\u00e0n to\u00e0n v\u1edbi k\u1ef3 v\u1ecdng c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t tr\u01b0\u1edbc xung \u0111\u1ed9t Iran h\u1ed3i th\u00e1ng 2. ACE Markets \u0111\u1eb7c bi\u1ec7t nh\u1eafc nh\u1edf c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 r\u1eb1ng l\u1ec5 nh\u1eadm ch\u1ee9c c\u1ee7a t\u00e2n Ch\u1ee7 t\u1ecbch Fed Warsh v\u00e0o ng\u00e0y 22 th\u00e1ng 5, v\u1edbi c\u00e1ch ti\u1ebfp c\u1eadn \u201c\u01b0u ti\u00ean ki\u1ec3m so\u00e1t l\u1ea1m ph\u00e1t\u201d c\u1ee7a \u00f4ng, s\u1ebd ti\u1ebfp t\u1ee5c thu h\u1eb9p d\u01b0 \u0111\u1ecba n\u1edbi l\u1ecfng v\u00e0 tr\u1edf th\u00e0nh bi\u1ebfn s\u1ed1 l\u1edbn nh\u1ea5t \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn gi\u00e1 t\u00e0i s\u1ea3n to\u00e0n c\u1ea7u trong ba th\u00e1ng t\u1edbi.<\/p>\n

    <\/a>Ph\u1ea3n \u1ee9ng d\u00e2y chuy\u1ec1n: Chi ph\u00ed t\u00e0i ch\u00ednh t\u0103ng v\u00e0 \u00e1p l\u1ef1c l\u00ean t\u00e0i s\u1ea3n r\u1ee7i ro<\/strong><\/p>\n

    S\u1ef1 gia t\u0103ng l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu kho b\u1ea1c Hoa K\u1ef3 \u0111ang c\u00f3 t\u00e1c \u0111\u1ed9ng r\u1ed9ng r\u00e3i \u0111\u1ebfn n\u1ec1n kinh t\u1ebf th\u1ef1c v\u00e0 th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh. L\u1ee3i su\u1ea5t cao h\u01a1n s\u1ebd tr\u1ef1c ti\u1ebfp \u0111\u1ea9y chi ph\u00ed th\u1ebf ch\u1ea5p v\u00e0 t\u00e0i tr\u1ee3 doanh nghi\u1ec7p c\u1ee7a Hoa K\u1ef3 l\u00ean cao, h\u1ea1n ch\u1ebf \u0111\u1ea7u t\u01b0 kinh doanh v\u00e0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n, v\u00e0 cu\u1ed1i c\u00f9ng k\u00e9o gi\u1ea3m t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf. Trong khi \u0111\u00f3, l\u00e3i su\u1ea5t phi r\u1ee7i ro t\u0103ng \u0111ang g\u00e2y \u00e1p l\u1ef1c \u0111\u00e1ng k\u1ec3 l\u00ean c\u00e1c t\u00e0i s\u1ea3n r\u1ee7i ro. M\u1eb7c d\u00f9 Ch\u1ec9 s\u1ed1 Th\u1ecb tr\u01b0\u1eddng Ph\u00e1t tri\u1ec3n c\u1ee7a MSCI \u0111\u00e3 ph\u1ee5c h\u1ed3i h\u01a1n 10% so v\u1edbi m\u1ee9c th\u1ea5p trong th\u00e1ng 3, ACE Markets v\u1eabn th\u1eadn tr\u1ecdng v\u1ec1 t\u00ednh b\u1ec1n v\u1eefng c\u1ee7a ch\u1ec9 s\u1ed1 n\u00e0y. N\u1ebfu l\u00e3i su\u1ea5t tr\u00e1i phi\u1ebfu kho b\u1ea1c M\u1ef9 k\u1ef3 h\u1ea1n 30 n\u0103m v\u01b0\u1ee3t m\u1ed1c 5,5%, c\u00e1c t\u00e0i s\u1ea3n r\u1ee7i ro nh\u01b0 c\u1ed5 phi\u1ebfu v\u00e0 t\u00edn d\u1ee5ng s\u1ebd ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi \u00e1p l\u1ef1c gi\u1ea3m gi\u00e1 \u0111\u00e1ng k\u1ec3.<\/p>\n

    \"\u5c40\u90e8\u622a\u53d6_20260520_145120\"<\/p>\n

    <\/a>Tri\u1ec3n v\u1ecdng th\u1ecb tr\u01b0\u1eddng ACE v\u00e0 c\u1ea3nh b\u00e1o r\u1ee7i ro<\/strong><\/p>\n

    T\u00f3m l\u1ea1i, c\u00fa s\u1ed1c n\u0103ng l\u01b0\u1ee3ng do xung \u0111\u1ed9t M\u1ef9-Iran g\u00e2y ra v\u1eabn l\u00e0 \u0111\u1ed9ng l\u1ef1c c\u1ed1t l\u00f5i d\u1eabn \u0111\u1ebfn vi\u1ec7c \u0111i\u1ec1u ch\u1ec9nh tr\u00e1i phi\u1ebfu Kho b\u1ea1c Hoa K\u1ef3, trong khi vi\u1ec7c n\u1eafm gi\u1eef c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng to\u00e0n c\u1ea7u v\u00e0 nh\u1eefng thay \u0111\u1ed5i trong k\u1ef3 v\u1ecdng v\u1ec1 ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 \u0111\u00e3 l\u00e0m gia t\u0103ng bi\u1ebfn \u0111\u1ed9ng. ACE Markets d\u1ef1 \u0111o\u00e1n l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu kho b\u1ea1c M\u1ef9 v\u1eabn c\u00f2n d\u01b0 \u0111\u1ecba t\u0103ng trong 1-3 th\u00e1ng t\u1edbi, kh\u1ea3 n\u0103ng cao l\u00e0 l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu k\u1ef3 h\u1ea1n 30 n\u0103m s\u1ebd ki\u1ec3m tra m\u1ee9c 5,5%, \u0111\u1eb7c bi\u1ec7t trong b\u1ed1i c\u1ea3nh eo bi\u1ec3n Hormuz ti\u1ebfp t\u1ee5c b\u1ecb phong t\u1ecfa v\u00e0 gi\u00e1 d\u1ea7u v\u1eabn \u1edf m\u1ee9c cao 110 USD\/th\u00f9ng.<\/p>\n

    Nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean t\u1eadp trung v\u00e0o ba ch\u1ee7 \u0111\u1ec1 ch\u00ednh:<\/p>\n

      \n
    1. T\u1ed1c \u0111\u1ed9 can thi\u1ec7p c\u1ee7a Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n v\u00e0 vi\u1ec7c b\u00e1n th\u00e1o Kho b\u1ea1c Hoa K\u1ef3 <\/strong>: Ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n d\u1ef1 ki\u1ebfn \u200b\u200b\u200b\u200bs\u1ebd t\u0103ng l\u00e3i su\u1ea5t th\u00eam 25 \u0111i\u1ec3m c\u01a1 b\u1ea3n v\u00e0o th\u00e1ng 6, v\u00e0 s\u1ef1 s\u1ee5p \u0111\u1ed5 c\u1ee7a giao d\u1ecbch mua b\u00e1n \u0111\u1ed3ng y\u00ean c\u00f3 th\u1ec3 t\u1ea1o ra s\u1ef1 thu h\u1ed3i v\u1ed1n c\u1ee7a Nh\u1eadt B\u1ea3n tr\u00ean quy m\u00f4 l\u1edbn h\u01a1n;<\/li>\n
    2. D\u1eef li\u1ec7u l\u1ea1m ph\u00e1t c\u1ee7a Hoa K\u1ef3 v\u00e0 ch\u00ednh s\u00e1ch d\u1ef1 tr\u1eef li\u00ean bang <\/strong>: B\u00e0i ph\u00e1t bi\u1ec3u nh\u1eadm ch\u1ee9c c\u1ee7a Warsh v\u00e0o ng\u00e0y 22 th\u00e1ng 5 s\u1ebd l\u00e0 c\u01a1 h\u1ed9i quan tr\u1ecdng \u0111\u1ec3 quan s\u00e1t \u0111\u01b0\u1eddng l\u1ed1i ch\u00ednh s\u00e1ch;<\/li>\n
    3. Di\u1ec5n bi\u1ebfn xung \u0111\u1ed9t \u0111\u1ecba ch\u00ednh tr\u1ecb \u1edf Trung \u0110\u00f4ng <\/strong>: N\u1ebfu eo bi\u1ec3n Hormuz v\u1eabn \u0111\u00f3ng c\u1eeda v\u00e0o \u0111\u1ea7u th\u00e1ng 6, th\u1ecb tr\u01b0\u1eddng d\u1ea7u m\u1ecf c\u00f3 th\u1ec3 ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi s\u1ef1 ho\u1ea3ng lo\u1ea1n.<\/li>\n<\/ol>\n

      ACE Markets lu\u00f4n tu\u00e2n th\u1ee7 khu\u00f4n kh\u1ed5 nghi\u00ean c\u1ee9u ph\u00e2n t\u00edch xuy\u00ean th\u1ecb tr\u01b0\u1eddng, d\u1ef1a tr\u00ean d\u1eef li\u1ec7u. Trong th\u1eddi k\u1ef3 th\u1ecb tr\u01b0\u1eddng to\u00e0n c\u1ea7u bi\u1ebfn \u0111\u1ed9ng m\u1ea1nh, n\u00f3 cung c\u1ea5p cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eefng \u0111\u00e1nh gi\u00e1 h\u01b0\u1edbng t\u1edbi t\u01b0\u01a1ng lai v\u00e0 l\u1eddi khuy\u00ean ph\u00e2n b\u1ed5 t\u00e0i s\u1ea3n \u0111\u1ec3 gi\u00fap gi\u1ea3m thi\u1ec3u r\u1ee7i ro h\u1ec7 th\u1ed1ng v\u00e0 t\u1eadn d\u1ee5ng c\u00e1c c\u01a1 h\u1ed9i c\u01a1 c\u1ea5u.<\/p>","protected":false},"excerpt":{"rendered":"

      ACE Markets ph\u00e2n t\u00edch s\u1ef1 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a Kho b\u1ea1c Hoa K\u1ef3 trong b\u1ed1i c\u1ea3nh xung \u0111\u1ed9t M\u1ef9-Iran, gi\u00e1 d\u1ea7u t\u0103ng v\u00e0 ph\u1ea3n \u1ee9ng c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng. T\u00ecm hi\u1ec3u c\u00e1c \u0111\u1ed9ng l\u1ef1c ch\u00ednh, xu h\u01b0\u1edbng l\u1ee3i nhu\u1eadn v\u00e0 c\u00e1c y\u1ebfu t\u1ed1 r\u1ee7i ro cho th\u1ecb tr\u01b0\u1eddng to\u00e0n c\u1ea7u.<\/p>","protected":false},"author":1,"featured_media":9459,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[115],"tags":[753,752,751],"class_list":["post-9458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-news","tag-central-bank-holdings","tag-oil-price-shock","tag-us-iran-conflict"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/comments?post=9458"}],"version-history":[{"count":1,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9458\/revisions"}],"predecessor-version":[{"id":9463,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/posts\/9458\/revisions\/9463"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/media\/9459"}],"wp:attachment":[{"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/media?parent=9458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/categories?post=9458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mdwcc.com\/vi\/wp-json\/wp\/v2\/tags?post=9458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}