{"id":79971,"date":"2025-01-04T08:20:00","date_gmt":"2025-01-04T08:20:00","guid":{"rendered":"https:\/\/expforex.com\/forex-for-beginners-part-6\/"},"modified":"2024-12-12T08:28:28","modified_gmt":"2024-12-12T08:28:28","slug":"forex-for-beginners-part-6","status":"publish","type":"post","link":"https:\/\/expforex.com\/ja\/forex-for-beginners-part-6\/","title":{"rendered":"\u521d\u5fc3\u8005\u306e\u305f\u3081\u306e\u5916\u56fd\u70ba\u66ff\u53d6\u5f15\u30d1\u30fc\u30c8 6: \u6d88\u8cbb\u8005\u9700\u8981\u6307\u6a19"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-\u6d88\u8cbb\u8005\u9700\u8981\u6307\u6a19\"><strong>\u6d88\u8cbb\u8005\u9700\u8981\u6307\u6a19<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u6d88\u8cbb\u8005\u9700\u8981\u6307\u6a19 (Consumer Demand Indicators)<\/strong> \u306f\u3001\u6d88\u8cbb\u8005\u304c\u3055\u307e\u3056\u307e\u306a\u5546\u54c1\u3092\u53d6\u5f97\u3059\u308b\u305f\u3081\u306b\u304a\u91d1\u3092\u4f7f\u3046\u610f\u6b32\u3092\u53cd\u6620\u3059\u308b\u5177\u4f53\u7684\u306a\u6307\u6a19\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u308c\u3089\u306e\u6307\u6a19\u306e\u3044\u304f\u3064\u304b\u306f<strong>\u5916\u56fd\u70ba\u66ff\u5e02\u5834 (foreign exchange markets)<\/strong>\u306b\u3068\u3063\u3066\u975e\u5e38\u306b\u91cd\u8981\u3067\u3059\u3002\u9ad8\u3044\u6d88\u8cbb\u8005\u9700\u8981\u306f\u591a\u304f\u306e\u7523\u696d\u306e\u751f\u7523\u56de\u5fa9\u3092\u4fc3\u9032\u3057\u3001\u7d4c\u6e08\u6210\u9577\u306e\u57fa\u76e4\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u9006\u306b\u3001\u6d88\u8cbb\u8005\u9700\u8981\u306e\u6e1b\u5c11\u3084\u5f31\u3055\u306f\u7d4c\u6e08\u4e0d\u6cc1\u3092\u793a\u3059\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u308c\u3089\u306e\u6307\u6a19\u3092\u76e3\u8996\u3059\u308b\u3053\u3068\u3067\u3001<strong>\u4e2d\u592e\u9280\u884c (central banks)<\/strong> \u306f<strong>\u91d1\u5229 (interest rates)<\/strong>\u3092\u8abf\u6574\u3057\u305f\u308a\u3001<strong>\u70ba\u66ff\u30ec\u30fc\u30c8 (exchange rates)<\/strong>\u306b\u76f4\u63a5\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u4ed6\u306e\u91d1\u878d\u653f\u7b56\u30c4\u30fc\u30eb\u3092\u4f7f\u7528\u3057\u305f\u308a\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u3053\u3067\u306f\u3001<strong>\u4f4f\u5b85\u5efa\u8a2d (housing construction)<\/strong>\u304a\u3088\u3073<strong>\u4f4f\u5b85\u5e02\u5834 (housing market)<\/strong>\u306b\u95a2\u9023\u3059\u308b\u6700\u3082\u4eba\u6c17\u306e\u3042\u308b<strong>\u6d88\u8cbb\u8005\u9700\u8981\u6307\u6a19 (consumer demand indicators)<\/strong>\u3068\u3001<strong>\u5c0f\u58f2\u8cbf\u6613\u6307\u6a19 (retail trade indicators)<\/strong>\u304a\u3088\u3073<strong>\u6d88\u8cbb\u8005\u4fe1\u983c\u611f\u6307\u6570 (consumer sentiment index)<\/strong>\u306b\u3064\u3044\u3066\u691c\u8a0e\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-\u4f4f\u5b85\u5efa\u8a2d\u3068\u4f4f\u5b85\u5e02\u5834\"><strong>\u4f4f\u5b85\u5efa\u8a2d\u3068\u4f4f\u5b85\u5e02\u5834<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u4f4f\u5b85\u5efa\u8a2d (housing construction)<\/strong> \u304a\u3088\u3073<strong>\u4f4f\u5b85\u5e02\u5834\u6307\u6a19 (housing market indicators)<\/strong> \u306f\u3001<strong>\u6d88\u8cbb\u8005\u9700\u8981 (consumer demand)<\/strong> \u306e\u4e00\u90e8\u3068\u3057\u3066\u3001\u7d4c\u6e08\u30b5\u30a4\u30af\u30eb\u306e\u79fb\u884c\u6bb5\u968e\u3067<strong>\u5916\u56fd\u70ba\u66ff\u5e02\u5834 (foreign exchange market)<\/strong>\u306b\u3068\u3063\u3066\u975e\u5e38\u306b\u91cd\u8981\u306b\u306a\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3057\u304b\u3057\u3001\u305d\u308c\u3089\u306e\u5909\u52d5\u6027\u3068\u5929\u5019\u6761\u4ef6\u3092\u542b\u3080\u591a\u304f\u306e\u30e9\u30f3\u30c0\u30e0\u306a\u8981\u56e0\u3078\u306e\u4f9d\u5b58\u6027\u306b\u3088\u308a\u3001\u89e3\u91c8\u304c\u975e\u5e38\u306b\u56f0\u96e3\u306b\u306a\u308b\u3053\u3068\u304c\u4e00\u822c\u7684\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u3048\u3070\u30011999\u5e74\u590f\u307e\u3067\u306b\u3001\u7c73\u56fd\u306e\u3059\u3079\u3066\u306e<strong>\u6d88\u8cbb\u8005\u9700\u8981\u6307\u6a19 (consumer demand indicators)<\/strong> \u306f\u3001<strong>\u9023\u90a6\u6e96\u5099\u5236\u5ea6 (Federal Reserve, Fed)<\/strong> \u304c\u6d88\u8cbb\u8005\u9700\u8981\u306e\u3055\u3089\u306a\u308b\u6210\u9577\u304c\u30a4\u30f3\u30d5\u30ec\u3092\u5f15\u304d\u8d77\u3053\u3057\u3001\u91d1\u5229\u306e\u5f15\u304d\u4e0a\u3052\u3092\u4fc3\u3059\u53ef\u80fd\u6027\u304c\u3042\u308b\u3068\u4e88\u6e2c\u3057\u3066\u3044\u305f\u305f\u3081\u3001<strong>\u5916\u56fd\u70ba\u66ff\u5e02\u5834 (foreign exchange market)<\/strong>\u306b\u3088\u3063\u3066\u5bc6\u63a5\u306b\u76e3\u8996\u3055\u308c\u3066\u3044\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3055\u3089\u306b\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u7d4c\u6e08\u7d71\u8a08\u30de\u30cb\u30e5\u30a2\u30eb\u306f\u3001<strong>\u4f4f\u5b85\u5efa\u8a2d (housing construction)<\/strong> \u304c\u7b2c\u4e8c\u6b21\u4e16\u754c\u5927\u6226\u5f8c\u306e\u3059\u3079\u3066\u306e\u4e0d\u6cc1\u304b\u3089\u30a2\u30e1\u30ea\u30ab\u7d4c\u6e08\u3092\u5fa9\u6d3b\u3055\u305b\u305f\u539f\u52d5\u529b\u3067\u3042\u308b\u3053\u3068\u3092\u5f37\u8abf\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u4f4f\u5b85\u5efa\u8a2d (housing construction)<\/strong> \u304a\u3088\u3073<strong>\u4f4f\u5b85\u5e02\u5834\u7d71\u8a08 (housing market statistics)<\/strong> \u306f\u3059\u3079\u3066\u306e\u6bb5\u968e\u3067\u8ffd\u8de1\u3055\u308c\u307e\u3059\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>\u5efa\u7bc9\u8a31\u53ef\u53d6\u5f97\u6570 (Obtained Building Permits)<\/strong>\uff1b<\/li>\n\n\n\n<li class=\"\"><strong>\u5efa\u8a2d\u958b\u59cb\u6570 (Housing Starts)<\/strong>\uff1b<\/li>\n\n\n\n<li class=\"\"><strong>\u5efa\u8a2d\u5b8c\u4e86\u6570 (Housing Completions)<\/strong>\uff1b<\/li>\n\n\n\n<li class=\"\"><strong>\u65b0\u7bc9\u304a\u3088\u3073\u65e2\u5b58\u306e\u4e00\u6238\u5efa\u3066\u4f4f\u5b85\u8ca9\u58f2\u6570 (New and Existing One-Family Home Sales)<\/strong>\uff1b<\/li>\n\n\n\n<li class=\"\"><strong>\u5efa\u8a2d\u8cbb\u7528 (Construction Expenditures)<\/strong>\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e00\u822c\u7684\u306a\u6307\u6a19\u306b\u52a0\u3048\u3066\u3001\u30c7\u30fc\u30bf\u306f\u56db\u3064\u306e\u4e3b\u8981\u5730\u57df\u306b\u5206\u985e\u3055\u308c\u3066\u767a\u8868\u3055\u308c\u307e\u3059\uff1a<strong>\u5317\u6771\u90e8 (Northeast)<\/strong>\u3001<strong>\u897f\u90e8 (West)<\/strong>\u3001<strong>\u4e2d\u897f\u90e8 (Midwest)<\/strong>\u3001\u304a\u3088\u3073<strong>\u5357\u90e8 (South)<\/strong>\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u7c73\u56fd\u30c7\u30fc\u30bf (US data)<\/strong> \u306f\u6bce\u6708\u767a\u8868\u3055\u308c\u3001\u901a\u5e38\u306f\u5404\u6708\u306e\u7b2c15\u55b6\u696d\u65e5\u9803\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-\u5c0f\u58f2\"><strong>\u5c0f\u58f2<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u5c0f\u58f2\u58f2\u4e0a\u9ad8 (Retail Sales, RS)<\/strong> \u306f<strong>\u6d88\u8cbb\u8005\u652f\u51fa (consumer spending)<\/strong> \u306e\u6307\u6a19\u306e\u4e00\u3064\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3057\u305f\u304c\u3063\u3066\u3001<strong>\u6d88\u8cbb\u8005\u9700\u8981 (consumer demand)<\/strong> \u304a\u3088\u3073 <strong>\u6d88\u8cbb\u8005\u4fe1\u983c\u611f (consumer confidence)<\/strong> \u306e\u6307\u6a19\u3068\u3057\u3066\u3001RS \u306f<strong>\u5916\u56fd\u70ba\u66ff\u5e02\u5834 (foreign exchange market)<\/strong> \u306e\u30d3\u30b8\u30cd\u30b9\u30b5\u30a4\u30af\u30eb\u306e\u8ee2\u63db\u70b9\u3067\u306e\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u3068\u3057\u3066\u6a5f\u80fd\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u308c\u3089\u306e\u6307\u6a19\u306f<strong>\u7c73\u56fd\u7d4c\u6e08 (US economy)<\/strong>\u3092\u8ffd\u8de1\u3059\u308b\u305f\u3081\u306b\u7279\u306b\u91cd\u8981\u3067\u3059\u3002\u306a\u305c\u306a\u3089\u3001<strong>\u6d88\u8cbb\u8005\u9700\u8981 (consumer demand)<\/strong>\u304c\u305d\u306e\u4e3b\u8981\u306a\u63a8\u9032\u529b\u3060\u304b\u3089\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6d88\u8cbb\u8005\u306b\u3088\u308a\u591a\u304f\u306e<strong>\u53ef\u51e6\u5206\u6240\u5f97 (disposable income)<\/strong>\u304c\u3042\u308b\u5834\u5408\u3001\u3088\u308a\u591a\u304f\u306e\u5546\u54c1\u304c\u751f\u7523\u3055\u308c\u3001\u8f38\u5165\u3055\u308c\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u3048\u3070\u30011992\u5e74\u306e\u7c73\u56fd\u7d71\u8a08\u306b\u57fa\u3065\u304f\u5c0f\u58f2\u58f2\u4e0a\u9ad8\u306e\u69cb\u6210\u3092\u53c2\u7167\u3067\u304d\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u5c0f\u58f2 (Retail)<\/strong> \u306f\u30d3\u30b8\u30cd\u30b9\u30b5\u30a4\u30af\u30eb\u306e\u30c0\u30a4\u30ca\u30df\u30af\u30b9\u306b\u304a\u3051\u308b<strong>\u53ce\u675f\u6307\u6a19 (converging indicator)<\/strong>\u3068\u898b\u306a\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u30d3\u30b8\u30cd\u30b9\u30b5\u30a4\u30af\u30eb\u306e\u5909\u52d5\u6027\u306f\u4f4e\u3044\u3067\u3059\u304c\u3001\u7279\u306b12\u6708\u30689\u6708\u306b\u5b63\u7bc0\u7684\u4f9d\u5b58\u6027\u304c\u975e\u5e38\u306b\u9855\u8457\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e74\u9593\u5c0f\u58f2\u30c7\u30fc\u30bf\u306f\u5e73\u5747\u3057\u3066\u6210\u9577\u3092\u793a\u3057\u307e\u3059\u304c\u3001\u540c\u3058\u30d3\u30b8\u30cd\u30b9\u30b5\u30a4\u30af\u30eb\u5185\u3067\u3082\u6708\u3054\u3068\u306b\u5909\u52d5\u304c\u3042\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u81ea\u52d5\u8eca\u8ca9\u58f2 (automobile sales)<\/strong> \u306a\u3069\u306e\u5c0f\u58f2\u58f2\u4e0a\u9ad8\u306e\u500b\u3005\u306e\u69cb\u6210\u8981\u7d20\u306b\u95a2\u3059\u308b\u60c5\u5831\u3082\u6709\u7528\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-\u30c8\u30e9\u30c3\u30af\u304a\u3088\u3073\u81ea\u52d5\u8eca\u8ca9\u58f2\"><strong>\u30c8\u30e9\u30c3\u30af\u304a\u3088\u3073\u81ea\u52d5\u8eca\u8ca9\u58f2<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u81ea\u52d5\u8eca\u7523\u696d\u306e\u56fd\u969b\u5316\u304c\u9032\u3093\u3067\u3044\u308b\u305f\u3081\uff08\u30a2\u30e1\u30ea\u30ab\u306e\u8eca\u306f\u7c73\u56fd\u5916\u3067\u7d44\u307f\u7acb\u3066\u3089\u308c\u3001\u65e5\u672c\u304a\u3088\u3073\u30c9\u30a4\u30c4\u306e\u8eca\u4e21\u306f\u7c73\u56fd\u5185\u3067\u88fd\u9020\u3055\u308c\u3066\u3044\u307e\u3059\u30021991\u5e74\u306b\u7c73\u56fd\u3067\u8ca9\u58f2\u3055\u308c\u305f4,367,752\u53f0\u306e\u3046\u3061712,672\u53f0\u306f\u5916\u56fd\u8eca\u3067\u3057\u305f\uff09\u3001\u3055\u307e\u3056\u307e\u306a\u5909\u6570\u306e\u5f71\u97ff\u306b\u3088\u308a\u3001\u3053\u306e\u30bb\u30af\u30bf\u30fc\u3092<strong>\u901a\u8ca8\u5e02\u5834 (currency markets)<\/strong>\u306e\u8996\u70b9\u304b\u3089\u76f4\u63a5\u89e3\u91c8\u3059\u308b\u3053\u3068\u306f\u5fc5\u305a\u3057\u3082\u7c21\u5358\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3057\u304b\u3057\u3001<strong>\u5faa\u74b0\u6307\u6a19 (cyclical indicators)<\/strong>\u3068\u3057\u3066\u3001<strong>\u81ea\u52d5\u8eca\u8ca9\u58f2 (car sales, New Cars, NCAR)<\/strong>\u304a\u3088\u3073<strong>\u30c8\u30e9\u30c3\u30af\u304a\u3088\u3073\u81ea\u52d5\u8eca\u8ca9\u58f2 (Car and Truck Sales, C&amp;TS)<\/strong> \u306e\u30c7\u30fc\u30bf\u306f<strong>\u901a\u8ca8\u30c8\u30ec\u30fc\u30c0\u30fc (currency traders)<\/strong> \u306b\u3068\u3063\u3066\u6709\u7528\u306a\u30ac\u30a4\u30c9\u3068\u306a\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u65b0\u8eca\u8ca9\u58f2 (new cars)<\/strong> \u304a\u3088\u3073<strong>\u30c8\u30e9\u30c3\u30af\u3068\u81ea\u52d5\u8eca (trucks and cars)<\/strong>\u306e\u8ca9\u58f2\u6570\u306f\u901a\u5e38<strong>\u5148\u884c\u6307\u6a19 (leading indicators)<\/strong>\u3068\u3057\u3066\u73fe\u308c\u307e\u3059\u304c\u3001\u8fd1\u5e74\u7c73\u56fd\u3067\u306f<strong>\u4e00\u81f4\u6307\u6570 (coincident indices)<\/strong>\u306e\u3088\u3046\u306b\u632f\u308b\u821e\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u308c\u3089\u306f\u9855\u8457\u306a\u5b63\u7bc0\u6027\u30b5\u30a4\u30af\u30eb\u3092\u793a\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7d4c\u6e08\u56de\u5fa9\u671f\u306b\u304a\u3051\u308b<strong>\u4e57\u7528\u8eca\u8ca9\u58f2 (passenger car sales)<\/strong>\u306e\u5e73\u5747\u6210\u9577\u7387\u306f\u6708\u9593\u7d041.5\uff05\u3001\u62e1\u5927\u671f\u306b\u306f\u7d042.0\uff05\u3067\u3059\u3002<strong>\u30c8\u30e9\u30c3\u30af (trucks)<\/strong>\u306e\u5834\u5408\u3001\u56de\u5fa9\u671f\u306e\u6210\u9577\u7387\u306f\u7d040.9\uff05\u3001\u62e1\u5927\u671f\u306f\u7d040.3\uff05\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e0d\u6cc1\u671f\u306b\u306f\u3001<strong>\u30c8\u30e9\u30c3\u30af\u8ca9\u58f2 (truck sales)<\/strong>\u304c\u5897\u52a0\u3057\u3001\u901a\u5e38<strong>\u4e57\u7528\u8eca\u8ca9\u58f2 (passenger car sales)<\/strong>\u3092\u4e0a\u56de\u308b\u3053\u3068\u3055\u3048\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-\u6d88\u8cbb\u8005\u4fe1\u983c\u611f\u6307\u6570\"><strong>\u6d88\u8cbb\u8005\u4fe1\u983c\u611f\u6307\u6570<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u7c73\u56fd\u3067\u306f\u3001\u4e09\u3064\u306e\u7d71\u8a08\u30c7\u30fc\u30bf\u63d0\u4f9b\u8005\u304c\u3001\u6d88\u8cbb\u8005\u304c\u8fd1\u3044\u5c06\u6765\u306b\u3055\u307e\u3056\u307e\u306a\u5546\u54c1\u306b\u304a\u91d1\u3092\u4f7f\u3046<strong>\u610f\u6b32 (willingness)<\/strong>\u3068<strong>\u4fe1\u983c\u611f (confidence)<\/strong>\u3092\u6e2c\u5b9a\u3059\u308b<strong>\u6307\u6a19 (indicators)<\/strong>\u3092\u63d0\u4f9b\u3057\u3066\u3044\u307e\u3059\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>\u30df\u30b7\u30ac\u30f3\u5927\u5b66 &#8211; \u6d88\u8cbb\u8005\u4fe1\u983c\u611f\u6307\u6570 (University of Michigan&#8217;s Consumer Sentiment Index)<\/strong>\uff1b<\/li>\n\n\n\n<li class=\"\"><strong>\u30b3\u30f3\u30d5\u30a1\u30ec\u30f3\u30b9\u30dc\u30fc\u30c9 &#8211; \u6d88\u8cbb\u8005\u4fe1\u983c\u611f\u6307\u6570 (Conference Board &#8211; Consumer Confidence Index)<\/strong>\uff1b<\/li>\n\n\n\n<li class=\"\"><strong>ABC\u30cb\u30e5\u30fc\u30b9\u304a\u3088\u3073\u30de\u30cd\u30fc\u30fb\u30de\u30ac\u30b8\u30f3 &#8211; \u4e16\u8ad6\u8abf\u67fb (ABC News and Money Magazine &#8211; Opinion Poll)<\/strong>\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u3053\u308c\u3089\u306e\u6307\u6a19\u306f\u3001\u4eba\u53e3\u306e\u73fe\u5728\u306e\u72b6\u6cc1\u304a\u3088\u3073\u8fd1\u3044\u5c06\u6765\uff086\u301c12\u30f6\u6708\uff09\u306b\u5bfe\u3059\u308b\u610f\u898b\u3092\u6e2c\u5b9a\u3059\u308b\u3055\u307e\u3056\u307e\u306a\u8abf\u67fb\u306b\u57fa\u3065\u3044\u3066\u69cb\u7bc9\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u3053\u308c\u3089\u306e\u8abf\u67fb\u306f\u3001\u8ca1\u52d9\u554f\u984c\u306e\u89e3\u6c7a\u3001\u8010\u4e45\u6d88\u8cbb\u8ca1\u306e\u53d6\u5f97\u3001\u96c7\u7528\u306a\u3069\u306e\u305f\u3081\u306e\u6709\u5229\u306a\u6761\u4ef6\u304c\u3069\u308c\u307b\u3069\u6574\u3063\u3066\u3044\u308b\u304b\u3092\u8a55\u4fa1\u3057\u307e\u3059\u3002\u6307\u6a19\u306f\u3001\u6b21\u306e\u5f62\u306e\u300c\u826f\u3044\/\u60aa\u3044\u300d\u30bf\u30a4\u30d7\u306e\u56de\u7b54\u304b\u3089\u5c0e\u51fa\u3055\u308c\u307e\u3059\uff1a<\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">100 + (% \u826f\u3044 &#8211; % \u60aa\u3044)\uff1b<\/li>\n\n\n\n<li class=\"\">\u826f\u3044 \/ (\u826f\u3044 + \u60aa\u3044)\uff1b<\/li>\n\n\n\n<li class=\"\">\u826f\u3044 &#8211; \u60aa\u3044\uff084\u9031\u9593\u5e73\u5747\uff09\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u6307\u6570\u304c\u30ab\u30d0\u30fc\u3059\u308b\u671f\u9593\u3001\u304a\u3088\u3073\u305d\u308c\u306b\u4f34\u3046\u767a\u884c\u983b\u5ea6\u306f\u3001\u4e00\u9031\u9593\u304b\u3089\u4e00\u30f6\u6708\u307e\u3067\u3055\u307e\u3056\u307e\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-\u30d3\u30b8\u30cd\u30b9\u30b5\u30a4\u30af\u30eb\u6307\u6a19\"><strong>\u30d3\u30b8\u30cd\u30b9\u30b5\u30a4\u30af\u30eb\u6307\u6a19<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u30a2\u30e1\u30ea\u30ab\u306e\u901a\u8ca8\u53d6\u5f15\u306b\u95a2\u3059\u308b\u6559\u79d1\u66f8\u306b\u8a18\u8f09\u3055\u308c\u3066\u3044\u308b\u3088\u3046\u306b\u3001\u521d\u5fc3\u8005\u306e<strong>\u901a\u8ca8\u30c8\u30ec\u30fc\u30c0\u30fc (currency traders)<\/strong>\u306b\u4e0e\u3048\u3089\u308c\u308b\u4e3b\u8981\u306a\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u5206\u6790\u306e\u30a2\u30c9\u30d0\u30a4\u30b9\u306f\u3001\u300c<strong>\u91d1\u5229 (interest rates)<\/strong>\u306b\u6ce8\u76ee\u3059\u308b\u3053\u3068\u300d\u3067\u3059\u3002<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u308c\u306f\u8a00\u3046\u306f\u6613\u304f\u884c\u3046\u306f\u96e3\u3057\u3067\u3059\u3002\u306a\u305c\u306a\u3089\u3001<strong>\u4e2d\u592e\u9280\u884c (central banks)<\/strong> \u306f\u81ea\u5206\u305f\u3061\u306e\u610f\u56f3\u3092\u660e\u304b\u3059\u3053\u3068\u3092\u63a7\u3048\u3001\u901a\u5e38\u3001\u4e3b\u8981\u306a<strong>\u91d1\u5229 (interest rates)<\/strong>\u3092\u3067\u304d\u308b\u3060\u3051\u5c11\u306a\u304f\u5909\u66f4\u3057\u3088\u3046\u3068\u3059\u308b\u304b\u3089\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91d1\u5229\u5909\u66f4\u304c<strong>\u70ba\u66ff\u30ec\u30fc\u30c8 (exchange rates)<\/strong>\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u306f\u3001\u7d4c\u6e08\u30b7\u30b9\u30c6\u30e0\u306e\u5927\u304d\u306a\u6163\u6027\u306e\u305f\u3081\u306b\u9577\u671f\u7684\u306b\u306a\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91d1\u5229\u5909\u66f4\u306e\u52b9\u679c\u3092\u5341\u5206\u306b\u5b9f\u73fe\u3059\u308b\u305f\u3081\u306b\u306f\u3001\u4e2d\u592e\u9280\u884c\u304c\u65b0\u3057\u3044\u6761\u4ef6\u306b\u5bfe\u3059\u308b\u7d4c\u6e08\u306e\u53cd\u5fdc\u3092\u8a55\u4fa1\u3059\u308b\u305f\u3081\u306b\u5341\u5206\u306a\u6642\u9593\u304c\u7d4c\u904e\u3059\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3057\u304b\u3057\u3001\u5e02\u5834\u306f\u5b9f\u969b\u306e\u5909\u66f4\u3060\u3051\u306b\u53cd\u5fdc\u3059\u308b\u308f\u3051\u3067\u306f\u306a\u304f\u3001\u30c8\u30ec\u30fc\u30c0\u30fc\u306f<strong>\u4e2d\u592e\u9280\u884c (central bank)<\/strong>\u306e\u884c\u52d5\u3092\u4e88\u6e2c\u3057\u3001\u4e8b\u524d\u306b\u901a\u8ca8\u3092\u8cb7\u3063\u305f\u308a\u58f2\u3063\u305f\u308a\u3057\u3066\u6700\u3082\u6709\u5229\u306a\u30ec\u30fc\u30c8\u3092\u78ba\u4fdd\u3057\u3088\u3046\u3068\u3057\u307e\u3059\u3002\u305d\u306e\u7d50\u679c\u3001\u652f\u914d\u7684\u306a\u5e02\u5834\u611f\u60c5\u304c\u5f62\u6210\u3055\u308c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91d1\u5229\u5909\u66f4\u3092\u4e88\u671f\u3057\u3066\u3001\u5e02\u5834\u306f\u901a\u8ca8\u3092\u7279\u5b9a\u306e\u65b9\u5411\u306b\u9577\u671f\u9593\u79fb\u52d5\u3055\u305b\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3057\u305f\u304c\u3063\u3066\u3001\u30c8\u30ec\u30fc\u30c0\u30fc\u306e\u30ad\u30e3\u30ea\u30a2\u5168\u4f53\u306f\u91d1\u5229\u5909\u52d5\u306e\u30ea\u30ba\u30e0\u306b\u5f71\u97ff\u3055\u308c\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e02\u5834\u306e\u7fa4\u8846\u306e\u5c3e\u3092\u305f\u3060\u8ffd\u3046\u306e\u3067\u306f\u306a\u304f\u3001<strong>\u7d4c\u6e08\u30b5\u30a4\u30af\u30eb (economic cycles)<\/strong>\u3092\u8ffd\u8de1\u3057\u3066\u6ce2\u3092\u4e88\u6e2c\u3059\u308b\u52b9\u679c\u7684\u306a\u6226\u7565\u306f\u3001\u4eca\u65e5\u306e\u4e3b\u8981\u306a<strong>\u4e2d\u592e\u9280\u884c (central banks)<\/strong>\u306e\u653f\u7b56\u6c7a\u5b9a\u306e\u4e3b\u306a\u6c7a\u5b9a\u8981\u56e0\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u308c\u3089\u306e\u7d4c\u6e08\u6307\u6a19\u306f\u3059\u3079\u3066\u3001\u3042\u308b\u7a0b\u5ea6\u5468\u671f\u7684\u306a\u884c\u52d5\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002\u3057\u305f\u304c\u3063\u3066\u3001\u305d\u308c\u305e\u308c\u304c\u30b5\u30a4\u30af\u30eb\u3092\u5206\u6790\u3059\u308b\u305f\u3081\u306b\u4f7f\u7528\u3067\u304d\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3057\u304b\u3057\u3001\u7d4c\u6e08\u30d7\u30ed\u30bb\u30b9\u306e\u5468\u671f\u7684\u306a\u30c0\u30a4\u30ca\u30df\u30af\u30b9\u3092\u660e\u78ba\u306b\u793a\u3057\u3001\u30b5\u30a4\u30af\u30eb\u306e\u8ee2\u63db\u70b9\u3092\u4fe1\u983c\u6027\u9ad8\u304f\u4e88\u6e2c\u3059\u308b\u305f\u3081\u306b\u8a2d\u8a08\u3055\u308c\u305f\u7279\u5b9a\u306e\u6307\u6a19\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u3053\u3067\u306f\u3001<strong>\u5916\u56fd\u70ba\u66ff\u5e02\u5834 (foreign exchange markets)<\/strong>\u306e\u8996\u70b9\u304b\u3089\u3088\u304f\u7406\u89e3\u3055\u308c\u3066\u3044\u308b\u3053\u306e\u3088\u3046\u306a\u6307\u6a19\u306e2\u3064\u306e\u30bf\u30a4\u30d7\u3092\u691c\u8a0e\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-\u5148\u884c\u7d4c\u6e08\u6307\u6a19\"><strong>\u5148\u884c\u7d4c\u6e08\u6307\u6a19<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u591a\u304f\u306e\u7d4c\u6e08\u6307\u6a19\u304c\u7d4c\u6e08\u30b5\u30a4\u30af\u30eb\u3092\u53cd\u6620\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u305d\u308c\u305e\u308c\u72ec\u81ea\u306e\u65b9\u6cd5\u3067\u53cd\u6620\u3057\u3066\u3044\u308b\u3053\u3068\u3092\u8003\u3048\u308b\u3068\u3001\u8907\u6570\u306e\u500b\u5225\u6307\u6a19\u304b\u3089\u8907\u5408\u6307\u6a19\u3092\u69cb\u7bc9\u3059\u308b\u3053\u3068\u306f\u7406\u306b\u304b\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e00\u822c\u5316\uff08\u5e73\u5747\u5316\uff09\u3059\u308b\u3053\u3068\u3067\u3001\u3053\u306e\u8907\u5408\u6307\u6a19\u306f\u5404\u6307\u6a19\u3092\u500b\u5225\u306b\u4f7f\u7528\u3059\u308b\u3088\u308a\u3082\u30b5\u30a4\u30af\u30eb\u306e\u4e88\u6e2c\u306b\u304a\u3044\u3066\u3088\u308a\u52b9\u679c\u7684\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u5148\u884c\u7d4c\u6e08\u6307\u6a19 (Leading Economic Indicator, LEI)<\/strong> \u306f\u3053\u306e\u76ee\u7684\u306e\u305f\u3081\u306b11\u306e\u6307\u6a19\u3092\u7d44\u307f\u5408\u308f\u305b\u3066\u3044\u307e\u3059\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>\u88fd\u9020\u696d\u306e\u5e73\u5747\u52b4\u50cd\u9031\u6570 (Average Length of the Working Week in the Manufacturing Sector)<\/strong>\u3002<\/li>\n\n\n\n<li class=\"\"><strong>\u5168\u56fd\u5931\u696d\u4fdd\u967a\u7533\u8acb\u306e\u5e73\u5747\u9031\u6570 (Average Weekly Number of National Unemployment Insurance Claims)<\/strong>\u3002<\/li>\n\n\n\n<li class=\"\"><strong>\u6d88\u8cbb\u8ca1\u304a\u3088\u3073\u6750\u6599\u306e\u65b0\u751f\u7523\u6ce8\u6587\uff081982\u5e74\u4fa1\u683c\u3067\uff09 (New Production Orders for Consumer Goods and Materials at 1982 Prices)<\/strong>\u3002<\/li>\n\n\n\n<li class=\"\"><strong>\u914d\u9001\u52b9\u7387 (Efficiency of Deliveries)<\/strong>\uff08\u7d0d\u671f\u304c\u5897\u52a0\u3057\u3066\u3044\u308b\u4f01\u696d\u306e\u5272\u5408\uff09\u3002<\/li>\n\n\n\n<li class=\"\"><strong>\u751f\u7523\u624b\u6bb5\u304a\u3088\u3073\u8a2d\u5099\u306e\u5951\u7d04\u304a\u3088\u3073\u6ce8\u6587\uff081982\u5e74\u4fa1\u683c\u3067\uff09 (Contracts and Orders for Means of Production and Equipment in 1982 Prices)<\/strong>\u3002<\/li>\n\n\n\n<li class=\"\"><strong>\u4f4f\u5b85\u5efa\u8a2d\u8a31\u53ef\u53d6\u5f97\u6570 (Obtained Permits for Housing Construction)<\/strong>\u3002<\/li>\n\n\n\n<li class=\"\"><strong>\u8010\u4e45\u8ca1\u751f\u7523\u6ce8\u6587\u306e\u30d0\u30c3\u30af\u30ed\u30b0\uff08\u6bce\u6708\u306e\u5909\u5316\u30011982\u5e74\u4fa1\u683c\u3067\uff09 (Backlog of Durable Goods Production Orders Monthly Change at 1982 Prices)<\/strong>\u3002<\/li>\n\n\n\n<li class=\"\"><strong>\u539f\u6750\u6599\u304a\u3088\u3073\u6750\u6599\u4fa1\u683c\u306e\u5909\u52d5 (Change in Prices for Raw Materials and Materials)<\/strong>\u3002<\/li>\n\n\n\n<li class=\"\"><strong>S&amp;P 500\u682a\u4fa1\u6307\u6570\uff08\u6708\u5e73\u5747\uff09 (S&amp;P 500 Stock Index Monthly Average)<\/strong>\u3002<\/li>\n\n\n\n<li class=\"\"><strong>1982\u5e74\u30c9\u30eb\u306e\u8ca8\u5e63\u7dcf\u91cfM2 (Monetary Aggregate M2 in 1982 Dollars)<\/strong>\u3002<\/li>\n\n\n\n<li class=\"\"><strong>\u6d88\u8cbb\u8005\u671f\u5f85\u6307\u6570\uff08\u30df\u30b7\u30ac\u30f3\u5927\u5b66\u306e\u6d88\u8cbb\u8005\u671f\u5f85\u6307\u6570\uff09 (Consumer Expectations Index University of Michigan&#8217;s Consumer Expectations Index)<\/strong>\u3002<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>LEI\u6307\u6a19 (LEI index)<\/strong> \u306e\u5024\u81ea\u4f53\u306f\u3001\u3053\u308c\u3089\u306e\u69cb\u6210\u8981\u7d20\u306e\u52a0\u91cd\u5e73\u5747\u3068\u3057\u3066\u8a08\u7b97\u3055\u308c\u307e\u3059\uff1a<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>LEI = w<sub>i<\/sub> * I<sub>i<\/sub><\/strong>\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3055\u307e\u3056\u307e\u306a\u65b9\u6cd5\u304c\u3053\u306e\u8907\u5408\u6307\u6a19\u306e\u91cd\u307f\u3092\u6c7a\u5b9a\u3059\u308b\u305f\u3081\u306b\u7528\u3044\u3089\u308c\u3066\u304d\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3057\u304b\u3057\u3001\u6700\u8fd1\u306e\u7d71\u8a08\u5b66\u8005\u306e\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\u3067\u306f\u3001\u7b49\u3057\u3044\u91cd\u307f\u3092\u4f7f\u7528\u3059\u308b\u3053\u3068\u304c\u3088\u308a\u8907\u96d1\u306a\u52a0\u91cd\u30b9\u30ad\u30fc\u30e0\u3068\u540c\u69d8\u306b\u52b9\u679c\u7684\u3067\u3042\u308b\u3068\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>LEI<\/strong> \u306f\u3001\u7d4c\u6e08\u306e\u4e3b\u8981\u306a\u52d5\u6a5f\u4ed8\u3051\u529b\u304c\u5c06\u6765\u306e\u5229\u76ca\u306e\u671f\u5f85\u3067\u3042\u308b\u3068\u3044\u3046\u524d\u63d0\u306b\u57fa\u3065\u3044\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5229\u76ca\u306e\u4e0a\u6607\u3092\u4e88\u671f\u3057\u3066\u3001\u4f01\u696d\u306f\u5546\u54c1\u3068\u30b5\u30fc\u30d3\u30b9\u306e\u751f\u7523\u3092\u62e1\u5927\u3057\u3001\u65b0\u3057\u3044\u5de5\u5834\u3084\u8a2d\u5099\u306b\u6295\u8cc7\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u9006\u306b\u3001\u53ce\u76ca\u304c\u6e1b\u5c11\u3059\u308b\u3068\u4e88\u60f3\u3055\u308c\u308b\u3068\u3001\u3053\u306e\u6d3b\u52d5\u306f\u6e1b\u5c11\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3057\u305f\u304c\u3063\u3066\u3001<strong>LEI<\/strong> \u306f<strong>\u96c7\u7528 (employment)<\/strong>\u3001<strong>\u751f\u7523\u3068\u6240\u5f97 (production and income)<\/strong>\u3001<strong>\u6d88\u8cbb (consumption)<\/strong>\u3001<strong>\u8cbf\u6613 (trade)<\/strong>\u3001<strong>\u6295\u8cc7 (investment)<\/strong>\u3001<strong>\u682a\u5f0f (stocks)<\/strong>\u3001<strong>\u4fa1\u683c (prices)<\/strong>\u3001<strong>\u8ca8\u5e63 (money)<\/strong>\u3001\u304a\u3088\u3073 <strong>\u4fe1\u7528 (credit)<\/strong> \u3092\u542b\u3080\u30d3\u30b8\u30cd\u30b9\u6d3b\u52d5\u306e\u3059\u3079\u3066\u306e\u4e3b\u8981\u306a\u9818\u57df\u3068\u6307\u6a19\u3092\u5305\u62ec\u3059\u308b\u3088\u3046\u306b\u8a2d\u8a08\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u30a2\u30e1\u30ea\u30ab\u306e<strong>LEI\u6307\u6a19 (LEI index)<\/strong> \u306f\u6bce\u6708\u767a\u8868\u3055\u308c\u3001\u901a\u5e38\u306f\u5404\u6708\u672b\u306b\u884c\u308f\u308c\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-\u30d3\u30b8\u30cd\u30b9\u6d3b\u52d5\u6307\u6570\"><strong>\u30d3\u30b8\u30cd\u30b9\u6d3b\u52d5\u6307\u6570<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u62e1\u6563\u6307\u6570 (diffusion indices)<\/strong> \u306e\u69cb\u7bc9\u306b\u57fa\u3065\u304f\u6307\u6a19\u306f\u3001\u8fd1\u5e74\u306e\u7d4c\u6e08\u7d71\u8a08\u3067\u975e\u5e38\u306b\u4eba\u6c17\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u308c\u3089\u306e\u6307\u6570\u306f\u3001\u672c\u8cea\u7684\u306b\u5e02\u5834\u53c2\u52a0\u8005\u306e\u30d3\u30b8\u30cd\u30b9\u697d\u89b3\u4e3b\u7fa9\u3092\u53cd\u6620\u3057\u3066\u304a\u308a\u3001\u305d\u308c\u305e\u308c\u306e\u30d3\u30b8\u30cd\u30b9\u5354\u4f1a\u306b\u3088\u3063\u3066\u30a2\u30e1\u30ea\u30ab\u3001\u30a4\u30ae\u30ea\u30b9\u3001\u30c9\u30a4\u30c4\u3067\u5b9a\u671f\u7684\u306b<strong>PMI\uff08\u8cfc\u8cb7\u62c5\u5f53\u8005\u666f\u6c17\u6307\u6570\uff09 (Purchasing Managers&#8217; Index)<\/strong>\u3068\u3057\u3066\u767a\u8868\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u308c\u3089\u306f\u4e16\u8ad6\u306e\u50be\u5411\u3092\u8a55\u4fa1\u3057\u3001\u5ba2\u89b3\u7684\u306a\u6307\u6a19\u306e\u30c0\u30a4\u30ca\u30df\u30af\u30b9\u3092\u6e2c\u5b9a\u3059\u308b\u305f\u3081\u306b\u4f7f\u7528\u3055\u308c\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u65e5\u672c\u3067\u306f\u3001\u540c\u69d8\u306e<strong>TANKAN<\/strong> \u6307\u6570\u304c <strong>\u65e5\u672c\u9280\u884c (Central Bank of Japan)<\/strong> \u306b\u3088\u3063\u3066\u63a1\u7528\u3055\u308c\u3001\u7d4c\u6e08\u30d7\u30ed\u30bb\u30b9\u306e\u30c0\u30a4\u30ca\u30df\u30af\u30b9\u3092\u5206\u6790\u3057\u3001<strong>\u91d1\u878d\u653f\u7b56 (monetary policy)<\/strong> \u306e\u6c7a\u5b9a\u3092\u652f\u63f4\u3059\u308b\u30c4\u30fc\u30eb\u3068\u3057\u3066\u4f7f\u7528\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u62e1\u6563\u6307\u6570 (diffusion indices)<\/strong> \u306f\u3001\u591a\u304f\u306e\u4ed6\u306e\u793e\u4f1a\u7d4c\u6e08\u6307\u6a19\u3068\u306f\u7570\u306a\u308a\u3001\u7d14\u7c8b\u306b\u4e3b\u89b3\u7684\u306a\u6e2c\u5b9a\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u305d\u308c\u3089\u306f\u751f\u7523\u91cf\u3001\u6ce8\u6587\u6570\u3001\u6240\u5f97\u306a\u3069\u3092\u5b9a\u91cf\u5316\u3057\u307e\u305b\u3093\u3002\u4ee3\u308f\u308a\u306b\u3001\u7d4c\u6e08\u30d7\u30ed\u30bb\u30b9\u306e\u53c2\u52a0\u8005\u304c\u9032\u884c\u4e2d\u306e\u5909\u5316\u3092\u3069\u306e\u3088\u3046\u306b\u8a8d\u8b58\u3057\u3066\u3044\u308b\u304b\u3001\u3064\u307e\u308a\u305d\u308c\u3089\u3092\u30dd\u30b8\u30c6\u30a3\u30d6\u3068\u898b\u306a\u3059\u304b\u3001\u60aa\u5316\u306b\u3064\u306a\u304c\u308b\u3068\u898b\u306a\u3059\u304b\u3092\u53cd\u6620\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u305d\u306e\u4e3b\u89b3\u6027\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u307e\u305f\u306f\u305d\u306e\u305f\u3081\u306b\u3001\u3053\u308c\u3089\u306e\u6307\u6570\u306f\u975e\u5e38\u306b\u5f37\u529b\u306a\u4e88\u6e2c\u80fd\u529b\u3092\u6301\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u308c\u3089\u306f\u3001\u7d4c\u6e08\u30b5\u30a4\u30af\u30eb\u306e\u4e3b\u8981\u306a\u30d1\u30e9\u30e1\u30fc\u30bf\u30fc\u3068\u9ad8\u3044\u76f8\u95a2\u95a2\u4fc2\u3092\u6301\u3064<strong>\u5148\u884c\u6307\u6a19 (leading indicators)<\/strong>\u3068\u3057\u3066\u6a5f\u80fd\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u62e1\u6563\u6307\u6570 (diffusion index)<\/strong> \u306f\u3001\u591a\u6570\u306e\u53c2\u52a0\u8005\u304b\u3089\u306e\u8abf\u67fb\u7d50\u679c\u306b\u57fa\u3065\u3044\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5404\u53c2\u52a0\u8005\u306f\u3001\u300c\u65b0\u898f\u6ce8\u6587\u3001\u4fa1\u683c\u3001\u52b4\u50cd\u5e02\u5834\u3001\u30ea\u30fc\u30c9\u30bf\u30a4\u30e0\u3001\u65b0\u898f\u8f38\u51fa\u6ce8\u6587\u306a\u3069\u306e\u9762\u3067\u3001\u30d3\u30b8\u30cd\u30b9\u72b6\u6cc1\u306f\u6539\u5584\u3057\u307e\u3057\u305f\u304b\uff1f\u300d\u3068\u3044\u3063\u305f\u8cea\u554f\u306b\u56de\u7b54\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u305d\u3057\u3066\u3001\u300c\u306f\u3044 (Yes)\u300d\u3001\u300c\u3044\u3044\u3048 (No)\u300d\u3001\u300c\u5909\u5316\u306a\u3057 (No Change)\u300d\u306e3\u3064\u306e\u30aa\u30d7\u30b7\u30e7\u30f3\u306e\u3046\u3061\u306e\u4e00\u3064\u3092\u9078\u629e\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7279\u5b9a\u306e\u8cea\u554f\u306b\u5bfe\u3059\u308b\u62e1\u6563\u6307\u6570\u306e\u5024\u306f\u6b21\u306e\u3088\u3046\u306b\u8a08\u7b97\u3055\u308c\u307e\u3059\uff1a<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>DI = (% \u306f\u3044) + 0.5 * (% \u5909\u5316\u306a\u3057)<\/strong>\uff1b<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5404\u8cea\u554f\u306e\u62e1\u6563\u6307\u6570\u3092\u8a08\u7b97\u3057\u305f\u5f8c\u3001\u305d\u308c\u3089\u3092\u5e73\u5747\u3057\u3066<strong>PMI<\/strong> \u3084 <strong>TANKAN<\/strong> \u306a\u3069\u306e\u8907\u5408\u6307\u6570\u3092\u5f97\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u308c\u3089\u306e\u8907\u5408\u6307\u6570\u306f\u3001<strong>\u5148\u884c\u6307\u6a19 (leading indicators)<\/strong>\u3068\u3057\u3066\u7d4c\u6e08\u30b5\u30a4\u30af\u30eb\u306e\u30c0\u30a4\u30ca\u30df\u30af\u30b9\u3092\u8ffd\u8de1\u3059\u308b\u306e\u306b\u975e\u5e38\u306b\u52b9\u679c\u7684\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u3048\u3070\u3001\u6210\u9577\u671f\u306e\u5f8c\u306b\u6307\u6570\u304c\u4f4e\u4e0b\u3057\u59cb\u3081\u308b\u3068\u3001\u30d3\u30b8\u30cd\u30b9\u30b5\u30a4\u30af\u30eb\u306e\u4e0b\u964d\u8ee2\u63db\u3092\u4e88\u6e2c\u3057\u307e\u3059\u3002\u9006\u306b\u3001\u6307\u6570\u304c\u4f4e\u4e0b\u5f8c\u306b\u6700\u4f4e\u70b9\u306b\u9054\u3057\u305f\u5f8c\u306b\u4e0a\u6607\u3059\u308b\u3068\u3001\u56de\u5fa9\u306e\u59cb\u307e\u308a\u3092\u793a\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7c73\u56fd\u306e40\u5e74\u9593\u306e\u7d71\u8a08\u306b\u3088\u308b\u3068\u3001<strong>PMI<\/strong> \u306f\u6210\u9577\u30b5\u30a4\u30af\u30eb\u306e\u30d4\u30fc\u30af\u3092\u5e73\u57477\u30f6\u6708\u524d\u306b\u4e88\u6e2c\u3057\u3001\u6210\u9577\u30b5\u30a4\u30af\u30eb\u306e\u5e95\u30923\u30f6\u6708\u524d\u306b\u4e88\u6e2c\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-\u4ed6\u306e\u7ae0\u3082\u8aad\u3081\u307e\u3059\"><strong>\u4ed6\u306e\u7ae0\u3082\u8aad\u3081\u307e\u3059<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><a href=\"https:\/\/expforex.com\/ja\/forex-for-beginners-part-5\/\"><img decoding=\"async\" src=\"https:\/\/expforex.com\/wp-content\/uploads\/2009\/05\/Education_Begin_5.png\" alt=\"\u5916\u56fd\u70ba\u66ff\u6559\u80b2 - MetaTrader\u306e\u30d9\u30b9\u30c8\u30a2\u30a4\u30c7\u30a2 - \u30d1\u30fc\u30c85 - \u70ba\u66ff\u30ec\u30fc\u30c8\u3068\u88fd\u9020\u6307\u6a19\"\/><\/a><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading\">\n      <a href=\"https:\/\/expforex.com\/ja\/forex-for-beginners-part-5\/\"><strong>\u5916\u56fd\u70ba\u66ff\u53d6\u5f15\u521d\u5fc3\u8005\u30d1\u30fc\u30c85\uff1a\u70ba\u66ff\u30ec\u30fc\u30c8\u3001\u88fd\u9020\u6307\u6a19<\/strong><\/a>\n    <\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"color: #0000FF;\"><strong>\u70ba\u66ff\u30ec\u30fc\u30c8\u3068\u30a4\u30f3\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3 (Exchange Rate and Inflation)<\/strong><\/span>\uff1a\u30a4\u30f3\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u306f\u7d4c\u6e08\u30d7\u30ed\u30bb\u30b9\u306e\u767a\u5c55\u306b\u304a\u3051\u308b\u6700\u3082\u91cd\u8981\u306a\u6307\u6a19\u3067\u3042\u308a\u3001<strong>\u901a\u8ca8\u5e02\u5834 (currency markets)<\/strong> \u306b\u3068\u3063\u3066\u6700\u3082\u91cd\u8981\u306a\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u306e\u4e00\u3064\u3067\u3059\u3002<strong>\u901a\u8ca8\u30c8\u30ec\u30fc\u30c0\u30fc (currency traders)<\/strong> \u306f\u30a4\u30f3\u30d5\u30ec\u30fc\u30b7\u30e7\u30f3\u30c7\u30fc\u30bf\u3092\u76e3\u8996\u3057\u307e\u3059\u3002<strong>\u5916\u56fd\u70ba\u66ff\u5e02\u5834 (Forex market)<\/strong> \u306e\u8996\u70b9\u304b\u3089\u898b\u308b\u3068\u3001[\u2026] <\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><a href=\"https:\/\/expforex.com\/ja\/forex-for-beginners-part-7\/\"><img decoding=\"async\" src=\"https:\/\/expforex.com\/wp-content\/uploads\/2009\/05\/Education_Begin_7.png\" alt=\"\u5916\u56fd\u70ba\u66ff\u6559\u80b2 - MetaTrader\u306e\u30d9\u30b9\u30c8\u30a2\u30a4\u30c7\u30a2 - \u30d1\u30fc\u30c87 - \u5e02\u5834\u5fc3\u7406\u3001\u30c1\u30e3\u30fc\u30c8\u30bf\u30a4\u30d7\u3001\u30c8\u30ec\u30f3\u30c9\u5206\u6790\"\/><\/a><\/figure>\n<\/div>\n\n\n<h4 class=\"wp-block-heading\">\n      <a href=\"https:\/\/expforex.com\/ja\/forex-for-beginners-part-7\/\"><strong>\u5916\u56fd\u70ba\u66ff\u53d6\u5f15\u521d\u5fc3\u8005\u30d1\u30fc\u30c87\uff1a\u5e02\u5834\u5fc3\u7406\u3001\u30c1\u30e3\u30fc\u30c8\u30bf\u30a4\u30d7\u3001\u30c8\u30ec\u30f3\u30c9\u5206\u6790<\/strong><\/a>\n    <\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"color: #0000FF;\"><strong>\u57fa\u672c\u30c7\u30fc\u30bf (Fundamental Data)<\/strong><\/span>\u3001<span style=\"color: #0000FF;\"><strong>\u5e02\u5834\u5fc3\u7406 (Market Psychology)<\/strong><\/span> \u304a\u3088\u3073\u610f\u601d\u6c7a\u5b9a\u3001<span style=\"color: #0000FF;\"><strong>\u4e3b\u8981\u30c1\u30e3\u30fc\u30c8\u30bf\u30a4\u30d7 (Main Types of Charts)<\/strong><\/span>\u3001<span style=\"color: #0000FF;\"><strong>\u30c8\u30ec\u30f3\u30c9\u5206\u6790 (Trend Analysis)<\/strong><\/span><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u6d88\u8cbb\u8005\u9700\u8981\u6307\u6a19 \u6d88\u8cbb\u8005\u9700\u8981\u6307\u6a19 (Consumer Demand Indicat<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":2,"featured_media":40816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_eb_data_table":"","footnotes":"","_expseo_title":"%%title%%","_expseo_description":"\u521d\u5fc3\u8005\u306e\u305f\u3081\u306e\u5916\u56fd\u70ba\u66ff\u30b7\u30ea\u30fc\u30ba\u306e\u30d1\u30fc\u30c8 6 \u3067\u306f\u3001\u6d88\u8cbb\u8005\u9700\u8981\u6307\u6a19\u3092\u4f7f\u7528\u3057\u3066\u8cb4\u91cd\u306a\u5916\u56fd\u70ba\u66ff\u53d6\u5f15\u306e\u30d2\u30f3\u30c8\u3092\u5b66\u3073\u307e\u3059\u3002\u4eca\u65e5\u304b\u3089\u65c5\u3092\u59cb\u3081\u307e\u3057\u3087\u3046\u3002","_expseo_canonical":"","_expseo_focus_keyword":"\u521d\u5fc3\u8005","_expseo_robots_noindex":"","_expseo_robots_nofollow":"","_expseo_robots_advanced":"","_expseo_breadcrumb_title":"","_expseo_og_title":"","_expseo_og_description":"","_expseo_og_image":"","_expseo_twitter_title":"","_expseo_twitter_description":"","_expseo_twitter_image":"","_expseo_schema_page_type":"","_expseo_schema_article_type":"","_expseo_schema_product_activator":""},"categories":[511],"tags":[13348,13284,13322,13354,13351,13353,13280,13358,13352,13356,13359,13330,13326,13267,13334,13360,13355,13361,13357,13350],"class_list":["post-79971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education-ja","tag-fx","tag-13354","tag-13351","tag-13353","tag-13280","tag-13358","tag-13352","tag-13356","tag-13359","tag--ja","tag-13326","tag-13267","tag-13334","tag-13360","tag-13355","tag-13361","tag-13357","tag-13350"],"acf":{"metatrader4":"MT4","metatrader5":"MT5","type":"","typebrief":"","mt4buy":"https:\/\/www.mql5.com\/en\/users\/vladon\/seller#products","mt5buy":"https:\/\/www.mql5.com\/en\/users\/vladon\/seller#products","typefreedemo":"FREE","downloadfreedemo":"","DirectDownloadLink":"","versions":"23.999","version_date":"2023 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