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\u3000\u3000 1.jpg
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\u3000\u3000\u5168\u7403\u80a1\u707e\u518d\u73b0
\u3000\u3000\u7ec6\u89c2\u5e02\u573a\u8868\u73b0\uff0c\u5728\u4e24\u4efd\u201c\u58f0\u63f4\u201d\u516c\u544a\u53d1\u8868\u540e\u5f00\u76d8\u7684\u4e9a\u6d32\u91d1\u878d\u5e02\u573a\uff0c\u5176\u8868\u73b0\u53ea\u6709\u4e24\u4e2a\u5b57\u53ef\u4ee5\u5f62\u5bb9\u2014\u2014\u6050\u614c\u3002\u56e0\u6ca1\u6709\u770b\u5230\u5b9e\u8d28\u6027\u7684\u201c\u6551\u5e02\u201d\u63aa\u65bd\uff0c\u90e8\u5206\u5e02\u573a\u4eba\u58eb\u5bf9G7\u548cG20\u7684\u8054\u5408\u58f0\u660e\u8868\u793a\u5931\u671b\uff0c\u4ed6\u4eec\u66fe\u671f\u5f85G7\u91c7\u53d6\u66f4\u6fc0\u8fdb\u7684\u884c\u52a8\u3002\u4e00\u5bb6\u5927\u578b\u65e5\u672c\u94f6\u884c\u7684\u8d44\u6df1\u671f\u6743\u4ea4\u6613\u5546\u79f0\uff0c\u4ed6\u4eec\u6709\u53d7\u9a97\u7684\u611f\u89c9\u3002
\u3000\u3000\u80a1\u5e02\u65b9\u9762\uff0c\u4e9a\u6d32\u80a1\u5e02\u5f00\u76d8\u5373\u5168\u7ebf\u66b4\u8dcc\uff0c\u4e3b\u8981\u6307\u6570\u5747\u521b\u51fa\u9636\u6bb5\u6027\u4f4e\u70b9\u3002\u4e1c\u4eac\u65e5\u7ecf225\u6307\u6570\u4e00\u5ea6\u63a2\u4f4e\u81f39057.29\u70b9\uff0c\u4e3a\u4eca\u5e743\u670817\u65e5\u4ee5\u6765\u7684\u6700\u4f4e\u70b9\u3002\u65b0\u52a0\u5761\u6d77\u5ce1\u6307\u6570\u76d8\u4e2d\u6700\u4f4e\u8dcc\u81f3\u8fd1\u4e00\u5e74\u6765\u7684\u4f4e\u70b92847\u70b9\u3002\u6fb3\u5927\u5229\u4e9a\u80a1\u5e02\u8dcc\u81f3\u4e24\u5e74\u65b0\u4f4e\uff0c\u5df2\u63a5\u8fd1\u718a\u5e02\u7684\u8fb9\u7f18\uff0c\u57fa\u51c6S&P\/ASX 200\u6307\u6570\u6536\u76d8\u8dcc2.9%\uff0c\u81f33986.1\u70b9\uff0c\u603b\u5e02\u503c\u7f29\u6c34318\u4ebf\u6fb3\u5143\u3002\u6052\u751f\u6307\u6570\u5f00\u76d8\u5373\u66b4\u8dcc\u903e500\u70b9\uff0c\u76d8\u4e2d\u6700\u5927\u8dcc\u5e454.31%\uff0c\u521b\u4e0b\u4e00\u5e74\u6765\u65b0\u4f4e20044.37\u70b9\u3002
\u3000\u3000\u97e9\u56fd\u80a1\u5e02\u66f4\u662f\u56e0\u4e3a\u66b4\u8dcc\u800c\u88ab\u8feb\u542f\u52a8\u4e34\u65f6\u505c\u724c\u63aa\u65bd\uff0c\u76d8\u4e2d\u6700\u4f4e\u63a2\u81f31800\u70b9\uff0c\u4e3a\u8fd110\u4e2a\u6708\u6765\u7684\u6700\u4f4e\u70b9\u4f4d\uff0c\u6700\u7ec8\u6536\u76d8\u4e0b\u8dcc74.30\u70b9\uff0c\u8dcc\u5e453.82%\uff0c\u521b\u4e0b\u81ea2009\u5e7411\u670830\u65e5\u540e\u6700\u5927\u5355\u65e5\u8dcc\u5e45\u3002
\u3000\u3000\u4e0e\u4e9a\u6d32\u76d8\u53e3\u6709\u6240\u4e0d\u540c\uff0c\u82f1\u56fd\u3001\u6cd5\u56fd\u3001\u5fb7\u56fd\u4e09\u5927\u6b27\u6d32\u4e3b\u8981\u6307\u6570\u6628\u65e5\u4f4e\u5f00\u540e\u66fe\u4e00\u5ea6\u51b2\u9ad8\uff0c\u4f46\u5176\u540e\u4f9d\u7136\u96be\u4ee5\u62b5\u6321\u6d8c\u51fa\u5356\u76d8\u800c\u7ee7\u7eed\u8d70\u4f4e\uff0c\u81f3\u622a\u7a3f\u65f6\uff0c\u4f26\u6566\u5bcc\u65f6100\u6307\u6570\u3001\u5df4\u9eceCAC40\u6307\u6570\u548c\u6cd5\u5170\u514b\u798fDAX\u6307\u6570\u5206\u522b\u4e0b\u8dcc1.8%\u30012.28%\u548c2.7%\u3002
\u3000\u3000\u4f5c\u4e3a\u672c\u8f6e\u98ce\u6ce2\u7684\u53d1\u6e90\u5730\uff0c\u7f8e\u56fd\u80a1\u5e02\u81f3\u622a\u7a3f\u65f6\u95f4\u8dcc\u5e45\u5df2\u9ad8\u8fbe4%\u3002\u7ebd\u7ea6\u8bc1\u5238\u4ea4\u6613\u6240\u5f53\u5929\u65e9\u95f4\u542f\u52a8\u4e86\u201c\u7b2c48\u6761\u89c4\u5b9a\u201d(Rule 48)\uff0c\u7981\u6b62\u6307\u5b9a\u505a\u5e02\u5546\u5728\u76d8\u524d\u6563\u5e03\u4ef7\u683c\u4fe1\u53f7\uff0c\u4ee5\u786e\u4fdd\u7f8e\u56fd\u80a1\u5e02\u987a\u5229\u5f00\u76d8\u3002
\u3000\u3000\u5546\u54c1\u5e02\u573a\u4e5f\u53d7\u5230\u6ce2\u53ca\uff0c\u9ec4\u91d1\u662f\u4e2a\u4f8b\u5916\u3002\u6628\u65e5\u76d8\u4e2d\uff0c\u907f\u9669\u60c5\u7eea\u7ee7\u7eed\u63a8\u52a8\u9ec4\u91d1\u4ef7\u683c\u9ad8\u6b4c\u731b\u8fdb\uff0c\u73b0\u8d27\u9ec4\u91d1\u548c\u671f\u8d27\u9ec4\u91d1\u4ef7\u683c\u53cc\u53cc\u7a81\u78341700\u7f8e\u5143\/\u76ce\u53f8\u5927\u5173\uff0c\u5237\u65b0\u5386\u53f2\u7eaa\u5f55\u65b0\u9ad8\uff0c\u6700\u9ad8\u89e6\u53ca1715.01\u7f8e\u5143\/\u76ce\u53f8\u3002
\u3000\u3000\u503c\u5f97\u5173\u6ce8\u7684\u662f\uff0c\u6628\u65e5\u5916\u6c47\u5e02\u573a\u76f8\u5bf9\u5e73\u9759\u7684\u8868\u73b0\u3002\u76f8\u5bf9\u4e8e\u201c\u8840\u6d41\u6210\u6cb3\u201d\u7684\u80a1\u5e02\u548c\u671f\u5e02\uff0c\u7f8e\u5143\u6628\u65e5\u4e00\u5ea6\u5927\u6da8\u3002
\u3000\u3000\u7387\u5148\u5e72\u9884\u6c47\u5e02\u7684\u65e5\u672c\u548c\u745e\u58eb\uff0c\u5176\u4e3b\u6743\u8d27\u5e01\u6628\u65e5\u8d70\u5f3a\u3002\u6628\u65e5\u4e9a\u6d32\u4ea4\u6613\u65f6\u6bb5\uff0c\u7f8e\u5143\u5bf9\u65e5\u5143\u4e00\u5ea6\u89e6\u53ca77.54\uff1b\u7f8e\u5143\u5bf9\u745e\u90ce\u6700\u4f4e\u4e5f\u89e6\u53ca0.7525\uff0c\u518d\u6b21\u5237\u65b0\u5386\u53f2\u9ad8\u4f4d\u3002\u8fd9\u610f\u5473\u7740\uff0c\u4e24\u5927\u592e\u884c\u4e0a\u5468\u7684\u5e72\u9884\u6210\u679c\u51e0\u4e4e\u88ab\u201c\u6d17\u52ab\u4e00\u7a7a\u201d\u3002\u800c\u5176\u4ed6\u4e3b\u8981\u8d27\u5e01\uff0c\u5982\u6b27\u5143\u3001\u6fb3\u5143\u7b49\uff0c\u5bf9\u7f8e\u5143\u5219\u57fa\u672c\u4e0a\u7ef4\u6301\u5728\u533a\u95f4\u5185\u6ce2\u52a8\uff0c\u76f8\u8f83\u4e8e\u80a1\u5e02\u7684\u6ce2\u5e45\u4e0d\u751a\u660e\u663e\u3002
\u3000\u3000\u4e00\u6caa\u4e0a\u94f6\u884c\u4ea4\u6613\u5458\u8868\u793a\u5341\u5206\u62c5\u5fe7\uff0c\u201c\u6c47\u5e02\u73b0\u5728\u7684\u60c5\u51b5\u6bd4\u8f83\u88ab\u52a8\uff0c\u6709\u770b\u7740\u80a1\u5e02\u8d70\u7684\u60c5\u51b5\u3002\u201d\u4ed6\u4eec\u56e0\u6b64\u62c5\u5fc3\uff0c\u6c47\u5e02\u7684\u8868\u73b0\u662f\u66b4\u98ce\u96e8\u6765\u4e4b\u524d\u7684\u201c\u9759\u9ed8\u201d\u3002
\u3000\u3000\u7f8e\u8054\u50a8\u4eca\u5f00\u4f1a\u6210\u5173\u952e
\u3000\u3000\u65e0\u8bba\u662fG7\u8fd8\u662fG20\u7684\u58f0\u660e\uff0c\u663e\u7136\u90fd\u672a\u80fd\u6709\u6548\u7a33\u5b9a\u4f4f\u5168\u7403\u6295\u8d44\u8005\u7684\u60c5\u7eea\u3002\u201c\u5927\u5bb6\u90fd\u5728\u770b\u6b27\u7f8e\u51e0\u5927\u7ecf\u6d4e\u4f53\uff0c\u4ed6\u4eec\u4f1a\u5bf9\u6807\u666e\u7684\u8fd9\u4e2a\u8bc4\u7ea7\u91c7\u53d6\u600e\u6837\u7684\u884c\u52a8\uff1f\u201d\u4e2d\u56fd\u4eba\u6c11\u94f6\u884c\u56fd\u9645\u53f8\u524d\u53f8\u957f\u3001\u524d\u4e2d\u56fd\u9a7bIMF\u6267\u884c\u8463\u4e8b\u5f20\u4e4b\u9aa7\u8bf4\u3002
\u3000\u867d\u7136\u65e5\u672c\u548c\u97e9\u56fd\u592e\u884c\u90fd\u5df2\u7ecf\u51fa\u624b\u5e72\u9884\u6c47\u5e02\u4ee5\u53ca\u80a1\u5e02\uff0c\u201c\u4f46\u662f\u8fd9\u573a\u5371\u673a\u7684\u53d1\u6e90\u5730\u662f\u7f8e\u56fd\u548c\u6b27\u6d32\uff0c\u201c\u6240\u4ee5\u8fd8\u662f\u8981\u770b\u4ed6\u4eec\u7684\u884c\u4e3a\u5982\u4f55\uff0c\u624d\u80fd\u6291\u5236\u4f4f\u5e02\u573a\u7684\u6050\u614c\u3002\u201d\u5f20\u4e4b\u9aa7\u8bf4\uff0c\u800c\u5728G7\u548cG20\u58f0\u660e\u4e2d\u90fd\u6ca1\u6709\u51fa\u73b0\u771f\u6b63\u7684\u5e72\u9884\u63aa\u65bd\u3002
\u3000\u3000\u5728\u6f29\u6da1\u4e2d\u5fc3\uff0c\u7f8e\u56fd\u8d22\u957f\u76d6\u7279\u7eb3\u6628\u65e5\u660e\u786e\u5c06\u7ee7\u7eed\u7559\u4efb\uff0c\u5e76\u79f0\u6807\u666e\u4e0b\u8c03\u8bc4\u7ea7\u662f\u975e\u5e38\u7cdf\u7cd5\u7684\u5224\u65ad\u3002
\u3000\u3000\u5728\u66f4\u8ba9\u4eba\u62c5\u5fe7\u7684\u6b27\u6d32\u5e02\u573a\uff0c\u6b27\u6d32\u592e\u884c\uff08ECB\uff09\u6628\u65e5\u4e3a\u963b\u6b62\u6b27\u6d32\u4e3b\u6743\u503a\u52a1\u5371\u673a\u91c7\u53d6\u4e86\u6700\u65b0\u4e3e\u63aa\uff0c\u5ba3\u5e03\u5c06\u6269\u5927\u8d2d\u503a\u8ba1\u5212\u8303\u56f4\uff0c\u897f\u73ed\u7259\u548c\u610f\u5927\u5229\u516c\u503a\u6536\u76ca\u7387\u6628\u65e5\u4e0b\u8dcc\u3002\u6fb3\u5927\u5229\u4e9a\u6700\u5927\u7684\u57fa\u91d1\u7ba1\u7406\u516c\u53f8\u4e4b\u4e00AMP Capital Investors\u7684\u6295\u8d44\u51b3\u7b56\u4e3b\u7ba1Shane Oliver\u8868\u793a\uff0c\u73b0\u5728\u5f00\u59cb\u8d2d\u4e70\u610f\u5927\u5229\u516c\u503a\u7684\u4e3e\u63aa\u53ef\u80fd\u6709\u52a9\u4e8e\u5e73\u606f\u6709\u5173\u6b27\u6d32\u503a\u52a1\u95ee\u9898\u8fdb\u4e00\u6b65\u5347\u7ea7\u7684\u5fe7\u8651\u3002
\u3000\u3000\u4f46\u771f\u6b63\u7684\u7126\u70b9\u53ef\u80fd\u8fd8\u5728\u4e8e\u7f8e\u56fd\u65f6\u95f4\u4eca\u65e5\uff08\u5317\u4eac\u65f6\u95f4\u660e\u65e5\u51cc\u6668\uff09\u5c06\u53ec\u5f00\u7684\u7f8e\u8054\u50a8\uff08FED\uff09\u653f\u7b56\u4f1a\u8bae\uff0c\u5e02\u573a\u81c6\u6d4b\uff0c\u8be5\u4f1a\u8bae\u5c06\u63a2\u8ba8\u7f8e\u56fd\u662f\u5426\u4f1a\u542f\u52a8\u7b2c\u4e09\u8f6e\u91cf\u5316\u5bbd\u677e\u653f\u7b56\u6765\u91cd\u632f\u7f8e\u56fd\u7ecf\u6d4e\u3002
\u3000\u3000\u5728\u5f20\u4e4b\u9aa7\u770b\u6765\uff0cG7\u7684\u8054\u5408\u58f0\u660e\u53ea\u662f\u8868\u8fbe\u5404\u56fd\u7a33\u5b9a\u91d1\u878d\u5e02\u573a\u7684\u610f\u5411\uff0c\u201c\u5982\u679c\u5e02\u573a\u4e0d\u80fd\u5728\u2018\u8054\u5408\u58f0\u660e\u2019\u4e2d\u5f97\u5230\u5bbd\u6170\uff0cG7\u4e5f\u4e0d\u4f1a\u51fa\u53f0\u8054\u624b\u5e72\u9884\u5e02\u573a\u7684\u58f0\u660e\uff0c\u5373\u4fbf\u662f\u5404\u6210\u5458\u56fd\u5df2\u7ecf\u79c1\u4e0b\u8fbe\u6210\u8054\u624b\u5e72\u9884\u7684\u5171\u8bc6\u3002\u201d\u5f20\u4e4b\u9aa7\u5224\u65ad\uff0cG7\u4f1a\u7528\u66f4\u5f3a\u70c8\u7684\u8bed\u8a00\u6765\u8868\u8fbe\u8fd9\u79cd\u610f\u5411\u3002
\u3000\u3000\u25ce\u3000\u65b0\u95fb\u80cc\u666f
\u3000\u30002007-2011\u5e74\u5168\u7403\u91d1\u878d\u5371\u673a\u4e94\u5927\u5173\u952e\u65f6\u523b
\u3000\u3000>>1 2007\u5e748\u67089\u65e5\uff0c\u6cd5\u56fd\u5df4\u9ece\u94f6\u884c\u5ba3\u5e03\u51bb\u7ed3\u65d7\u4e0b\u4e09\u53ea\u6d89\u8db3\u7f8e\u56fd\u623f\u8d37\u4e1a\u52a1\u7684\u57fa\u91d1\uff0c\u6b21\u8d37\u5371\u673a\u73b0\u7aef\u502a\uff0c\u6b27\u6d32\u80a1\u5e02\u53d7\u5230\u91cd\u632b\uff1b
\u3000\u3000>>2 2008\u5e749\u670815\u65e5\uff0c\u7f8e\u56fd\u96f7\u66fc\u5144\u5f1f\u7834\u4ea7\uff0c\u4f9d\u9760\u653f\u5e9c\u62ef\u6551\u94f6\u884c\u4e0d\u518d\u6709\u6548\uff1b
\u3000\u3000>>3 2009\u5e744\u67082\u65e5\uff0c\u4f26\u6566G20\u5cf0\u4f1a\uff0c\u5168\u7403\u7ecf\u6d4e\u7684\u56fd\u9645\u5408\u4f5c\u5f00\u59cb\u74e6\u89e3\uff1b
\u3000\u3000>>4 2010\u5e745\u67089\u65e5\uff0cIMF\u548c\u6b27\u76df\u5ba3\u5e03\u5c06\u5bf9\u5e0c\u814a\u63d0\u4f9b\u8d22\u653f\u63f4\u52a9\uff0c\u5bf9\u91d1\u878d\u5371\u673a\u7684\u5173\u6ce8\u5f00\u59cb\u4ece\u79c1\u8425\u673a\u6784\u8f6c\u79fb\u5230\u56fd\u5bb6\u516c\u8425\u673a\u6784\uff1b
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