{"id":656,"date":"2015-01-24T19:56:07","date_gmt":"2015-01-24T10:56:07","guid":{"rendered":"http:\/\/www.globalmacroresearch.org\/jp\/?p=656"},"modified":"2015-05-08T01:34:13","modified_gmt":"2015-05-07T16:34:13","slug":"ecb%e3%81%8c%e9%87%8f%e7%9a%84%e7%b7%a9%e5%92%8c%e3%82%92%e7%99%ba%e8%a1%a8%e3%80%81%e8%b2%b7%e3%81%86%e3%81%b9%e3%81%8d%e9%8a%98%e6%9f%84%e3%81%af%e4%bd%95%e3%81%8b%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/www.globalmacroresearch.org\/jp\/archives\/656","title":{"rendered":"ECB\u304c\u91cf\u7684\u7de9\u548c\u3092\u767a\u8868\u3001\u8cb7\u3046\u3079\u304d\u9298\u67c4\u306f\u4f55\u304b\uff1f"},"content":{"rendered":"<ul>\n<li><a title=\"ECB\u304c\u6708\u9593600\u5104\u30e6\u30fc\u30ed\u306e\u91cf\u7684\u7de9\u548c\u3092\u767a\u8868\u3001\u30de\u30cd\u30bf\u30ea\u30fc\u30d9\u30fc\u30b9\u30922\u500d\u306b\u62e1\u5927\u3078\" href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/648\">ECB\u304c\u6708\u9593600\u5104\u30e6\u30fc\u30ed\u306e\u91cf\u7684\u7de9\u548c\u3092\u767a\u8868\u3001\u30de\u30cd\u30bf\u30ea\u30fc\u30d9\u30fc\u30b9\u30922\u500d\u306b\u62e1\u5927\u3078<\/a><\/li>\n<\/ul>\n<p>1\u670822\u65e5\u306bECB\uff08\u6b27\u5dde\u4e2d\u592e\u9280\u884c\uff09\u304c\u30de\u30cd\u30bf\u30ea\u30fc\u30d9\u30fc\u30b9\u30922\u500d\u306b\u3059\u308b\u91cf\u7684\u7de9\u548c\u3092\u767a\u8868\u3057\u305f\u3002\u8a73\u7d30\u306f\u4e0a\u8a18\u306e\u8a18\u4e8b\u3067\u898b\u308b\u3053\u3068\u304c\u3067\u304d\u308b\u304c\u3001\u3068\u308a\u3042\u3048\u305a\u306f\u6b27\u5dde\u5e02\u5834\u306e\u307f\u306a\u3089\u305a\u7c73\u56fd\u5e02\u5834\u3067\u3082\u3001\u682a\u5f0f\u30fb\u50b5\u5238\u3068\u3082\u306b\u597d\u611f\u3057\u305f\u5f62\u3068\u306a\u3063\u305f\u3002\u5e02\u5834\u306e\u4e0a\u6607\u304c\u77ed\u671f\u7684\u306b\u3069\u308c\u3060\u3051\u7d9a\u304f\u304b\u306f\u5206\u304b\u3089\u306a\u3044\u304c\u3001\u5206\u304b\u3063\u3066\u3044\u308b\u3053\u3068\u306f\u30e6\u30fc\u30ed\u570f\u306e\u4f4e\u91d1\u5229\u304c\u7d9a\u304f\u3068\u3044\u3046\u3053\u3068\u3001\u305d\u3057\u3066\u305d\u306e\u9593\u30e6\u30fc\u30ed\u5b89\u30fb\u30c9\u30eb\u9ad8\u304c\u7dad\u6301\u3055\u308c\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3042\u308b\u3002<\/p>\n<p>\u5927\u624b\u306e\u4e0d\u52d5\u7523\u682a\u306a\u3069\u306f\u3001\u65e2\u306b\u3053\u308c\u3089\u306e\u8981\u7d20\u3092\u7e54\u308a\u8fbc\u307f\u59cb\u3081\u3066\u3044\u308b\u3002\u9577\u3089\u304f\u7d39\u4ecb\u3057\u3066\u304d\u305f\u30d1\u30ea\u306e\u4e0d\u52d5\u7523\u4f1a\u793e<a title=\"[\u500b\u5225\u9298\u67c4] Gecina (EURONEXT:GFC): \u30d1\u30ea\u306eREIT\u3001\u91cf\u7684\u7de9\u548c\" href=\"http:\/\/www.globalmacroresearch.org\/jp\/archives\/53\">Gecina (EURONEXT:GFC)<\/a>\u306f\u3001\u91cf\u7684\u7de9\u548c\u3092\u53d7\u3051\u3066\u9023\u65e5\u4e0a\u6607\u3057\u3001\u7d39\u4ecb\u6642\u306e\u682a\u4fa1\u20ac97\u304b\u308917%\u4e0a\u6607\u3057\u305f\u3002\u20ac118\u7a0b\u5ea6\u307e\u3067\u4e0a\u304c\u308c\u3070\u5f90\u3005\u306b\u5229\u76ca\u3092\u78ba\u5b9a\u3057\u3066\u3044\u3063\u3066\u826f\u3044\u3060\u308d\u3046\u3002<\/p>\n<p>\u3053\u306e\u3088\u3046\u306b\u65e2\u306b\u4e0a\u304c\u3063\u3066\u3057\u307e\u3063\u305f\u9298\u67c4\u3082\u3042\u308b\u304c\u3001\u4e0d\u52d5\u7523\u682a\u3084\u8f38\u51fa\u682a\u306a\u3069\u306e\u4e2d\u306b\u306f\u3001\u3053\u308c\u304b\u3089\u3067\u3082\u8cb7\u3048\u308b\u9298\u67c4\u304c\u307e\u3060\u5b58\u5728\u3059\u308b\u3002\u4eca\u65e5\u306f\u305d\u306e\u3088\u3046\u306a\u9298\u67c4\u306e\u4e2d\u304b\u30892\u3064\u3092\u7d39\u4ecb\u3057\u305f\u3044\u3002<!--more--><\/p>\n<ul>\n<li><a href=\"https:\/\/www.google.com\/finance?q=ETR:DAI\" target=\"_blank\">Daimler (XETRA:DAI)<\/a><\/li>\n<\/ul>\n<p>\u5148\u305a\u306f\u8f38\u51fa\u682a\u306e\u7b46\u982d\u3001\u30e1\u30eb\u30bb\u30c7\u30b9\u30fb\u30d9\u30f3\u30c4\u3084\u30de\u30a4\u30d0\u30c3\u30cf\u306a\u3069\u306e\u81ea\u52d5\u8eca\u3092\u88fd\u9020\u3059\u308bDaimler\u3067\u3042\u308b\u3002\u30c9\u30a4\u30c4\u306e\u88fd\u9020\u696d\u306f\u3001\u4f4e\u3044\u8cc3\u91d1\u3068\u5b89\u3044\u30e6\u30fc\u30ed\u3068\u3044\u3046\u6b27\u5dde\u306e\u73fe\u72b6\u304b\u3089\u6069\u6075\u3092\u53d7\u3051\u308b\u696d\u7a2e\u3067\u3042\u308a\u3001\u4e2d\u3067\u3082Daimler\u306f\u305d\u306e\u7b46\u982d\u3067\u3042\u308b\u3002Daimler\u306e\u58f2\u4e0a\u306f\u534a\u5206\u4ee5\u4e0a\u304c\u30a2\u30e1\u30ea\u30ab\u5927\u9678\u304a\u3088\u3073\u30a2\u30b8\u30a2\u304b\u3089\u306e\u3082\u306e\u3067\u3042\u308a\u3001Q1-3\u306e\u524d\u5e74\u6bd4\u58f2\u4e0a\u6210\u9577\u7387\u306f10%\u3001P\/E\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u304c11\u53f0\u3068\u3001\u91cf\u7684\u7de9\u548c\u3092\u5b8c\u5168\u306b\u306f\u7e54\u308a\u8fbc\u3093\u3067\u3044\u306a\u3044\u5272\u5b89\u306a\u682a\u4fa1\u3067\u53d6\u5f15\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n<p>\u5229\u76ca\u306e\u4f38\u3073\u306f\u58f2\u4e0a\u306e\u4f38\u3073\u306b\u52a3\u308b\u304c\u3001\u30e6\u30fc\u30ed\u9ad8\u306e\u6539\u5584\u306f\u6628\u5e74\u306e\u534a\u3070\u306b\u59cb\u307e\u3063\u305f\u3070\u304b\u308a\u3067\u3042\u308a\u30012015\u5e74\u306e\u5229\u76ca\u6539\u5584\u304c\u671f\u5f85\u3055\u308c\u308b\u3002P\/E 10-12\u306e\u6c34\u6e96\u3067\u8cb7\u3044\u3092\u5165\u308c\u308b\u3053\u3068\u304c\u51fa\u6765\u308c\u3070\u6bd4\u8f03\u7684\u5805\u3044\u53d6\u5f15\u306b\u306a\u308b\u3060\u308d\u3046\u3002\u305f\u3060\u3057\u3001\u30d0\u30d6\u30eb\u306b\u767a\u5c55\u3059\u308b\u7a2e\u985e\u306e\u9298\u67c4\u3067\u306f\u306a\u3044\u305f\u3081\u3001\u9ad8\u5024\u8ffd\u3044\u306f\u7981\u7269\u3067\u3042\u308b\u3002P\/E 14-15\u3042\u305f\u308a\u3067\u306e\u5229\u76ca\u78ba\u5b9a\u3092\u8003\u3048\u305f\u3044\u3002<\/p>\n<ul>\n<li><a href=\"https:\/\/www.google.com\/finance?q=ETR:FRA\" target=\"_blank\">Fraport (XETRA:FRAG)<\/a><\/li>\n<\/ul>\n<p>\u3082\u30461\u3064\u306f\u3001\u30c9\u30a4\u30c4\u306e\u30d5\u30e9\u30f3\u30af\u30d5\u30eb\u30c8\u56fd\u969b\u7a7a\u6e2f\u3092\u4fdd\u6709\u30fb\u904b\u55b6\u3059\u308bFraport\u3067\u3042\u308b\u300212\u6708\u306e\u30c7\u30fc\u30bf\u3067\u306f\u3001\u30d5\u30e9\u30f3\u30af\u30d5\u30eb\u30c8\u56fd\u969b\u7a7a\u6e2f\u306e\u5229\u7528\u8005\u306f\u300141.1%\u304c\u6b27\u5dde\u4ee5\u5916\u306e\u5730\u57df\u304b\u3089\u306e\u65c5\u5ba2\uff08\u4f46\u3057\u3001\u30a4\u30ae\u30ea\u30b9\u306a\u3069\u30e6\u30fc\u30ed\u570f\u4ee5\u5916\u306e\u56fd\u3082\u6b27\u5dde\u306b\u542b\u3080\uff09\u3067\u3042\u308a\u3001\u307e\u305f\u7acb\u5730\u3082\u30d5\u30e9\u30f3\u30af\u30d5\u30eb\u30c8\u306e\u5e02\u8857\u5730\u306b\u305d\u308c\u307b\u3069\u9060\u304f\u306a\u3044\u5834\u6240\u3067\u3042\u308b\u305f\u3081\u3001\u91cf\u7684\u7de9\u548c\u306b\u3088\u308b\u30e6\u30fc\u30ed\u5b89\u3068\u4e0d\u52d5\u7523\u4fa1\u683c\u306e\u4e0a\u6607\u306e\u4e21\u65b9\u306b\u6069\u6075\u3092\u53d7\u3051\u308bQE\u9298\u67c4\u306e\u5927\u672c\u547d\u3067\u3042\u308b\u3002\u3057\u304b\u3082\u539f\u6cb9\u5b89\u304c\u7d9a\u3051\u3070\u65c5\u5ba2\u304c\u5897\u3048\u3001\u305d\u308c\u3082\u8ffd\u3044\u98a8\u3068\u306a\u308b\u3060\u308d\u3046\u3002<\/p>\n<p>\u91cf\u7684\u7de9\u548c\u306e\u3082\u3068\u306b\u65e5\u672c\u306e\u4e0d\u52d5\u7523\u682a\u3092\u30d5\u30a9\u30ed\u30fc\u3057\u3066\u304d\u305f\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306f\u3001\u65e5\u672c\u7a7a\u6e2f\u30d3\u30eb\u30c7\u30f3\u30b0 (TYO:9706\u3001<a href=\"https:\/\/www.google.com\/finance?q=TYO:9706\" target=\"_blank\">Google Finance<\/a>)\u3084\u7a7a\u6e2f\u65bd\u8a2d (TYO:8864\u3001<a href=\"https:\/\/www.google.com\/finance?cid=680345\" target=\"_blank\">Google Finance<\/a>)\u304c\u5927\u5e45\u306a\u5024\u4e0a\u304c\u308a\u3092\u898b\u305b\u305f\u306e\u306f\u8a18\u61b6\u306b\u65b0\u3057\u3044\u3060\u308d\u3046\u3002\u20ac45-\u20ac55\u306e\u30ec\u30f3\u30b8\u3067\u58f2\u8cb7\u3092\u3057\u306a\u304c\u3089\u3001\u3053\u306e\u5024\u5e45\u3092\u4e0a\u629c\u3051\u308b\u3053\u3068\u3092\u671f\u5f85\u3057\u305f\u3044\u3002<\/p>\n<p>ECB\u306e\u91cf\u7684\u7de9\u548c\u306f\u6b27\u5dde\u306e\u682a\u5f0f\u5e02\u5834\u3067\u5f90\u3005\u306b\u7e54\u308a\u8fbc\u307e\u308c\u3066\u3044\u3063\u3066\u3044\u308b\u304c\u3001\u307e\u3060\u5b8c\u5168\u306b\u306f\u7e54\u308a\u8fbc\u307e\u308c\u3066\u3044\u306a\u3044\u3002\u7d71\u8a08\u3092\u53d6\u3063\u305f\u308f\u3051\u3067\u306f\u306a\u3044\u304c\u3001\u500b\u4eba\u7684\u306a\u5370\u8c61\u3067\u306f\u6b27\u5dde\u682a\u306f\u7c73\u56fd\u682a\u3088\u308a\u3082\u7e54\u308a\u8fbc\u307f\u304c\u3084\u3084\u9045\u304f\u3001\u3057\u304b\u3057\u30c7\u30d5\u30ec\u671f\u306e\u65e5\u672c\u682a\u306e\u3088\u3046\u306b\u3001\u8cb7\u308f\u308c\u308b\u3079\u304d\u9298\u67c4\u304c\u9577\u671f\u9593\u653e\u7f6e\u3055\u308c\u308b\u3068\u3044\u3046\u3053\u3068\u3082\u306a\u304f\u3001\u4e2d\u9577\u671f\u7684\u306b\u306f\u9069\u5207\u306a\u682a\u4fa1\u3078\u3068\u53ce\u6582\u3057\u3066\u3086\u304f\u30a4\u30e1\u30fc\u30b8\u304c\u3042\u308b\u3002\u9069\u5207\u306a\u9298\u67c4\u3092\u9069\u5207\u306a\u4fa1\u683c\u3067\u8cb7\u3046\u3053\u3068\u3067\u5831\u308f\u308c\u308b\u5e02\u5834\u3067\u3042\u308b\u3068\u8003\u3048\u305f\u3044\u3002\u6b27\u5dde\u682a\u306e\u52d5\u5411\u306f\u3053\u308c\u304b\u3089\u3082\u30d5\u30a9\u30ed\u30fc\u3057\u3066\u3086\u304f\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ECB\u304c\u6708\u9593600\u5104\u30e6\u30fc\u30ed\u306e\u91cf\u7684\u7de9\u548c\u3092\u767a\u8868\u3001\u30de\u30cd\u30bf\u30ea\u30fc\u30d9\u30fc\u30b9\u30922\u500d\u306b\u62e1\u5927\u3078 1\u670822\u65e5\u306bECB\uff08\u6b27\u5dde\u4e2d\u592e\u9280\u884c\uff09\u304c\u30de\u30cd\u30bf\u30ea\u30fc\u30d9\u30fc\u30b9\u30922\u500d\u306b\u3059\u308b\u91cf\u7684\u7de9\u548c\u3092\u767a\u8868\u3057\u305f\u3002\u8a73\u7d30\u306f\u4e0a\u8a18\u306e\u8a18\u4e8b\u3067\u898b\u308b\u3053\u3068\u304c\u3067\u304d\u308b\u304c\u3001\u3068\u308a\u3042\u3048\u305a\u306f\u6b27\u5dde\u5e02\u5834\u306e &hellip; <a href=\"https:\/\/www.globalmacroresearch.org\/jp\/archives\/656\" class=\"more-link\">\u7d9a\u304d\u3092\u8aad\u3080 <span class=\"screen-reader-text\">ECB\u304c\u91cf\u7684\u7de9\u548c\u3092\u767a\u8868\u3001\u8cb7\u3046\u3079\u304d\u9298\u67c4\u306f\u4f55\u304b\uff1f<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,2],"tags":[17,25,76,5,7],"class_list":["post-656","post","type-post","status-publish","format-standard","hentry","category-german-stocks","category-stocks","tag-ecb","tag-exporter","tag-fraport-xetra-fra","tag-land-property","tag-quantitative-easing"],"_links":{"self":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/comments?post=656"}],"version-history":[{"count":10,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/656\/revisions"}],"predecessor-version":[{"id":668,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/posts\/656\/revisions\/668"}],"wp:attachment":[{"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/media?parent=656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/categories?post=656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalmacroresearch.org\/jp\/wp-json\/wp\/v2\/tags?post=656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}