{"id":325883,"date":"2023-01-12T10:35:55","date_gmt":"2023-01-12T10:35:55","guid":{"rendered":"https:\/\/www.zfx.com\/?post_type=market_outlook&p=325883"},"modified":"2023-01-12T10:35:57","modified_gmt":"2023-01-12T10:35:57","slug":"trien-vong-lam-phat-2023-lam-phat-hay-giam-phat","status":"publish","type":"market_outlook","link":"https:\/\/www.zfxvn.com\/vi\/market-outlook\/trien-vong-lam-phat-2023-lam-phat-hay-giam-phat\/","title":{"rendered":"Tri\u1ec3n v\u1ecdng l\u1ea1m ph\u00e1t 2023: L\u1ea1m ph\u00e1t hay gi\u1ea3m ph\u00e1t?"},"content":{"rendered":"

N\u0103m m\u1edbi n\u00e0y \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh b\u1eb1ng vi\u1ec7c lo\u1ea1i b\u1ecf thanh kho\u1ea3n v\u1edbi t\u1ed1c \u0111\u1ed9 ch\u01b0a t\u1eebng th\u1ea5y. V\u00e0 t\u1ea5t c\u1ea3 b\u1eaft \u0111\u1ea7u v\u00e0o n\u0103m 2020 v\u1edbi chu k\u1ef3 th\u1eaft ch\u1eb7t l\u1ecbch s\u1eed c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang k\u00e9o theo c\u00e1c \u0111\u1ee3t b\u01a1m ti\u1ec1n kh\u1ed5ng l\u1ed3 v\u00e0o n\u1ec1n kinh t\u1ebf v\u1ed1n l\u00e0 m\u1ed9t trong nh\u1eefng nguy\u00ean nh\u00e2n g\u00e2y ra l\u1ea1m ph\u00e1t gia t\u0103ng ngay t\u1eeb \u0111\u1ea7u. V\u00e0 nh\u1eefng g\u00ec th\u1ecb tr\u01b0\u1eddng \u0111\u00e3 ch\u1ee9ng ki\u1ebfn trong th\u00e1ng 1 l\u00e0 s\u1ef1 \u0111\u1ea3o chi\u1ec1u c\u1ee7a l\u1ea1m ph\u00e1t, h\u00e0ng h\u00f3a v\u00e0 t\u00e0i s\u1ea3n r\u1ee7i ro.<\/p>\n

\u00d4ng McGlone c\u1ee7a Bloomberg Intelligence cho bi\u1ebft: \u201cCh\u1ec9 s\u1ed1 qu\u1ea3n l\u00fd mua h\u00e0ng d\u1ecbch v\u1ee5 ISM ch\u01b0a bao gi\u1edd gi\u1ea3m xu\u1ed1ng d\u01b0\u1edbi 50 khi FED th\u1eaft ch\u1eb7t ch\u00ednh s\u00e1ch, v\u00e0 \u0111i\u1ec1u \u0111\u00f3 c\u00f3 t\u00e1c \u0111\u1ed9ng \u0111\u1ed1i v\u1edbi h\u00e0ng h\u00f3a v\u00e0 h\u1ea7u h\u1ebft c\u00e1c t\u00e0i s\u1ea3n r\u1ee7i ro\u201d. Nh\u00ecn v\u00e0o nh\u1eefng th\u00e1ng t\u1edbi, tri\u1ec3n v\u1ecdng n\u00e0y kh\u1ea3 n\u0103ng s\u1ebd v\u1eabn kh\u00f4ng thay \u0111\u1ed5i – t\u1ee9c l\u00e0 c\u00e1c d\u1ecbch v\u1ee5 ISM v\u00e0 s\u1ea3n xu\u1ea5t ti\u1ebfp t\u1ee5c gi\u1ea3m c\u0169ng nh\u01b0 vi\u1ec7c C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang ti\u1ebfp t\u1ee5c t\u0103ng l\u00e3i su\u1ea5t, \u00edt nh\u1ea5t l\u00e0 cho \u0111\u1ebfn th\u1eddi \u0111i\u1ec3m hi\u1ec7n t\u1ea1i.<\/p>\n

McGlone c\u0169ng cho hay l\u1ea1m ph\u00e1t c\u00f3 th\u1ec3 gi\u1ea3m nhanh ch\u00f3ng do h\u00e0ng h\u00f3a v\u00e0 c\u1ed5 phi\u1ebfu ti\u1ebfp t\u1ee5c gi\u1ea3m do ngu\u1ed3n cung ti\u1ec1n c\u1ee7a Hoa K\u1ef3 co l\u1ea1i v\u1edbi t\u1ed1c \u0111\u1ed9 nhanh ch\u00f3ng. Nh\u00ecn c\u1ee5 th\u1ec3 v\u00e0o d\u1ea7u th\u00f4, Bloomberg Intelligence nh\u1eadn \u0111\u1ecbnh r\u1eb1ng n\u00f3 hi\u1ec7n \u0111ang \u0111\u01b0\u1ee3c \u0111\u1ecbnh gi\u00e1 qu\u00e1 cao so v\u1edbi th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n. V\u1ea5n \u0111\u1ec1 l\u00e2u d\u00e0i h\u01a1n trong th\u1ebf gi\u1edbi h\u1eadu COVID kh\u00f4ng ph\u1ea3i l\u00e0 l\u1ea1m ph\u00e1t m\u00e0 l\u00e0 gi\u1ea3m ph\u00e1t, \u0111\u1ed3ng th\u1eddi McGlone c\u1ea3nh b\u00e1o r\u1eb1ng h\u00e0ng h\u00f3a \u0111ang c\u00f3 xu h\u01b0\u1edbng gi\u1ea3m nhi\u1ec1u h\u01a1n.<\/p>\n

\"\"<\/figure>\n

\u0110\u1ed1i v\u1edbi v\u00e0ng, t\u00ecnh h\u00ecnh s\u1ebd kh\u00e1c v\u00e0o n\u0103m 2023 khi Bloomberg Intelligence d\u1ef1 \u0111o\u00e1n s\u1ebd ch\u1ea1m m\u1ee9c 2.000 USD\/ounce v\u00e0 \u201ckh\u00f4ng bao gi\u1edd nh\u00ecn l\u1ea1i\u201d.<\/p>\n

Nhu c\u1ea7u c\u1ee7a Trung Qu\u1ed1c \u0111\u00e3 tr\u1edf th\u00e0nh s\u1ef1 h\u1ed7 tr\u1ee3 m\u1ea1nh m\u1ebd nh\u1ea5t cho gi\u00e1 d\u1ea7u!<\/h2>\n

V\u00e0o th\u1ee9 T\u01b0, d\u1eef li\u1ec7u t\u1eeb C\u01a1 quan Th\u00f4ng tin N\u0103ng l\u01b0\u1ee3ng Hoa K\u1ef3 (EIA) cho th\u1ea5y l\u01b0\u1ee3ng d\u1ea7u th\u00f4 t\u1ed3n kho c\u1ee7a EIA t\u1ea1i Hoa K\u1ef3 trong tu\u1ea7n k\u1ebft th\u00fac v\u00e0o ng\u00e0y 6 th\u00e1ng 1 \u0111\u00e3 t\u0103ng 18,961 tri\u1ec7u th\u00f9ng m\u1ed9t c\u00e1ch b\u1ea5t ng\u1edd, m\u1ee9c t\u0103ng l\u1edbn nh\u1ea5t k\u1ec3 t\u1eeb tu\u1ea7n k\u1ebft th\u00fac v\u00e0o ng\u00e0y 6 th\u00e1ng 2 n\u0103m 2021.<\/p>\n

Th\u1ecb tr\u01b0\u1eddng ph\u1ea7n l\u1edbn \u0111\u00e3 d\u1ef1 \u0111o\u00e1n \u0111i\u1ec1u n\u00e0y sau m\u1ed9t \u0111\u1ee3t l\u1ea1nh gi\u00e1 \u1edf mi\u1ec1n nam Hoa K\u1ef3 khi\u1ebfn ph\u1ea7n l\u1edbn c\u00f4ng su\u1ea5t l\u1ecdc d\u1ea7u d\u1ecdc theo B\u1edd bi\u1ec3n v\u00f9ng V\u1ecbnh kh\u00f4ng ho\u1ea1t \u0111\u1ed9ng. Tuy nhi\u00ean, gi\u00e1 d\u1ea7u th\u00f4 \u0111\u00e3 \u0111\u00f3ng c\u1eeda t\u0103ng h\u01a1n 4% khi c\u00e1c th\u01b0\u01a1ng nh\u00e2n t\u1eadp trung h\u01a1n v\u00e0o nhu c\u1ea7u ph\u1ee5c h\u1ed3i t\u1eeb Trung Qu\u1ed1c, n\u01b0\u1edbc \u0111ang \u0111\u1ea9y m\u1ea1nh mua d\u1ea7u th\u00f4 tr\u01b0\u1edbc T\u1ebft Nguy\u00ean \u0111\u00e1n.<\/p>\n

Gi\u00e1 d\u1ea7u th\u00f4 \u0111\u01b0\u1ee3c giao d\u1ecbch cao h\u01a1n trong ng\u00e0y th\u1ee9 n\u0103m li\u00ean ti\u1ebfp, chu\u1ed7i t\u0103ng d\u00e0i nh\u1ea5t k\u1ec3 t\u1eeb \u0111\u1ea7u th\u00e1ng 10\u20192022.<\/p>\n

\u0110\u1ed9ng l\u1ef1c m\u1ea1nh nh\u1ea5t c\u1ee7a gi\u00e1 d\u1ea7u v\u1eabn l\u00e0 nhu c\u1ea7u ti\u00eau th\u1ee5 d\u1ea7u th\u00f4 c\u1ee7a Trung Qu\u1ed1c. C\u00e1c c\u00f4ng ty Trung Qu\u1ed1c \u0111\u00e3 nhanh tay mua d\u1ea7u th\u00f4 c\u1ee7a M\u1ef9 tr\u01b0\u1edbc k\u1ef3 ngh\u1ec9 T\u1ebft Nguy\u00ean \u0111\u00e1n. \u0110\u1ea7u tu\u1ea7n n\u00e0y, Trung Qu\u1ed1c \u0111\u00e3 ban h\u00e0nh m\u1ed9t lo\u1ea1t h\u1ea1n ng\u1ea1ch nh\u1eadp kh\u1ea9u, th\u00fac \u0111\u1ea9y hy v\u1ecdng c\u1ea3i thi\u1ec7n ti\u00eau th\u1ee5 d\u1ea7u th\u00f4.<\/p>\n

Gi\u00e1m \u0111\u1ed1c danh m\u1ee5c \u0111\u1ea7u t\u01b0 Tortoise Brian Kessens cho bi\u1ebft:
“Th\u1ecb tr\u01b0\u1eddng \u00edt t\u1eadp trung v\u00e0o h\u00e0ng t\u1ed3n kho m\u00e0 t\u1eadp trung nhi\u1ec1u h\u01a1n v\u00e0o t\u00ecnh h\u00ecnh to\u00e0n c\u1ea7u. Tr\u00ean to\u00e0n c\u1ea7u, tr\u1ecdng t\u00e2m l\u00e0 Trung Qu\u1ed1c, qu\u1ed1c gia s\u1ebd l\u00e0 \u0111\u1ed9ng l\u1ef1c v\u0129 m\u00f4 cho d\u1ea7u th\u00f4 trong su\u1ed1t qu\u00fd \u0111\u1ea7u ti\u00ean.”
Goldman Sachs Group Inc. cho bi\u1ebft r\u1eb1ng gi\u00e1 h\u00e0ng h\u00f3a, \u0111\u1eb7c bi\u1ec7t l\u00e0 gi\u00e1 d\u1ea7u th\u00f4, s\u1ebd ph\u1ee5 thu\u1ed9c v\u00e0o vi\u1ec7c Trung Qu\u1ed1c m\u1edf c\u1eeda tr\u1edf l\u1ea1i sau l\u1ec5 \u0111\u00f3n T\u1ebft Nguy\u00ean \u0110\u00e1n v\u00e0o cu\u1ed1i th\u00e1ng n\u00e0y.<\/p>\n

\"\"<\/figure>\n

G\u1ea7n \u0111\u00e2y, D\u1ea7u WTI c\u0169ng c\u00f3 d\u1ea5u hi\u1ec7u ph\u1ee5c h\u1ed3i tr\u1edf l\u1ea1i khi li\u00ean t\u1ee5c t\u1ea1o c\u00e1c m\u1ee9c cao m\u1edbi. Hi\u1ec7n d\u1ea7u \u0111ang \u0111\u01b0\u1ee3c giao d\u1ecbch quanh m\u1ee9c 77 USD.<\/p>\n

___<\/p>\n

Theo d\u00f5i ch\u00fang t\u00f4i t\u1ea1i channel Telegram \u0111\u1ec3 c\u1eadp nh\u1eadt chi ti\u1ebft h\u01a1n c\u00e1c b\u00e0i ph\u00e2n t\u00edch v\u1ec1 th\u1ecb tr\u01b0\u1eddng trong ng\u00e0y, tin t\u1ee9c v\u00e0 t\u00edn hi\u1ec7u.  <\/p>\n

Link Telegram:<\/strong> https:\/\/t.me\/zfxnews<\/a><\/p>\n

M\u1edf t\u00e0i kho\u1ea3n b\u1eaft \u0111\u1ea7u giao d\u1ecbch ngay<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

N\u0103m m\u1edbi n\u00e0y \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh b\u1eb1ng vi\u1ec7c lo\u1ea1i b\u1ecf thanh kho\u1ea3n v\u1edbi t\u1ed1c \u0111\u1ed9 ch\u01b0a t\u1eebng th\u1ea5y. V\u00e0 t\u1ea5t c\u1ea3 b\u1eaft \u0111\u1ea7u v\u00e0o n\u0103m 2020 v\u1edbi chu k\u1ef3 th\u1eaft ch\u1eb7t l\u1ecbch s\u1eed c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang k\u00e9o theo c\u00e1c \u0111\u1ee3t b\u01a1m ti\u1ec1n kh\u1ed5ng l\u1ed3 v\u00e0o n\u1ec1n kinh t\u1ebf v\u1ed1n l\u00e0 m\u1ed9t trong […]<\/p>\n","protected":false},"author":121,"featured_media":325886,"template":"","market_outlook_categories":[],"market_outlook_tags":[],"class_list":["post-325883","market_outlook","type-market_outlook","status-publish","has-post-thumbnail","hentry"],"acf":[],"current_lang":"vi","_links":{"self":[{"href":"https:\/\/www.zfxvn.com\/vi\/wp-json\/wp\/v2\/market_outlook\/325883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zfxvn.com\/vi\/wp-json\/wp\/v2\/market_outlook"}],"about":[{"href":"https:\/\/www.zfxvn.com\/vi\/wp-json\/wp\/v2\/types\/market_outlook"}],"author":[{"embeddable":true,"href":"https:\/\/www.zfxvn.com\/vi\/wp-json\/wp\/v2\/users\/121"}],"version-history":[{"count":0,"href":"https:\/\/www.zfxvn.com\/vi\/wp-json\/wp\/v2\/market_outlook\/325883\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zfxvn.com\/vi\/wp-json\/wp\/v2\/media\/325886"}],"wp:attachment":[{"href":"https:\/\/www.zfxvn.com\/vi\/wp-json\/wp\/v2\/media?parent=325883"}],"wp:term":[{"taxonomy":"market_outlook_categories","embeddable":true,"href":"https:\/\/www.zfxvn.com\/vi\/wp-json\/wp\/v2\/market_outlook_categories?post=325883"},{"taxonomy":"market_outlook_tags","embeddable":true,"href":"https:\/\/www.zfxvn.com\/vi\/wp-json\/wp\/v2\/market_outlook_tags?post=325883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}