{"id":7679,"date":"2025-12-01T17:25:55","date_gmt":"2025-12-01T09:25:55","guid":{"rendered":"https:\/\/www.kpai1.cn\/?p=7679"},"modified":"2025-12-03T15:53:39","modified_gmt":"2025-12-03T07:53:39","slug":"cme-%e5%ae%95%e6%9c%ba%e4%bd%99%e6%b3%a2-%e9%87%91%e9%93%b6%e6%96%b0%e9%ab%98%ef%bc%8c%e8%b4%b5%e9%87%91%e5%b1%9e%e7%9f%ad%e6%9c%9f%e9%85%8d%e7%bd%ae%e7%ad%96%e7%95%a5","status":"publish","type":"post","link":"https:\/\/www.kpai1.cn\/vi\/luu-tru\/7679","title":{"rendered":"CME \u5b95\u673a\u4f59\u6ce2 + \u91d1\u94f6\u65b0\u9ad8\uff0c\u8d35\u91d1\u5c5e\u77ed\u671f\u914d\u7f6e\u7b56\u7565"},"content":{"rendered":"

S\u1ef1 c\u1ed1 ng\u1eebng ho\u1ea1t \u0111\u1ed9ng c\u1ee7a CME g\u00e2y ra t\u00e1c \u0111\u1ed9ng l\u00ean th\u1ecb tr\u01b0\u1eddng to\u00e0n c\u1ea7u<\/strong><\/p>\n

Gi\u00e1m s\u00e1t Wmax cho th\u1ea5y Chicago Mercantile Exchange Group (CME) g\u1ea7n \u0111\u00e2y \u0111\u00e3 g\u1eb7p s\u1ef1 c\u1ed1 trung t\u00e2m d\u1eef li\u1ec7u \u0111\u1ed9t ng\u1ed9t, g\u00e2y ra vi\u1ec7c \u0111\u00ecnh ch\u1ec9 giao d\u1ecbch c\u00e1c s\u1ea3n ph\u1ea9m ch\u00ednh nh\u01b0 h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai S&P 500, n\u1ec1n t\u1ea3ng ngo\u1ea1i h\u1ed1i EBS, tr\u00e1i phi\u1ebfu kho b\u1ea1c, d\u1ea7u th\u00f4 v\u00e0 kim lo\u1ea1i qu\u00fd, li\u00ean quan \u0111\u1ebfn h\u00e0ng ngh\u00ecn t\u1ef7 \u0111\u00f4 la trong h\u1ee3p \u0111\u1ed3ng, \u0111\u1ed9 s\u00e2u v\u00e0 th\u1eddi gian t\u00e1c \u0111\u1ed9ng \u0111\u00e3 v\u01b0\u1ee3t qu\u00e1 nh\u1eefng th\u1ea5t b\u1ea1i t\u01b0\u01a1ng t\u1ef1 trong n\u0103m 2019. Kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch ph\u00e1i sinh trung b\u00ecnh h\u00e0ng ng\u00e0y c\u1ee7a CME Group v\u01b0\u1ee3t qu\u00e1 26 tri\u1ec7u v\u00e0 kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch danh ngh\u0129a trung b\u00ecnh h\u00e0ng ng\u00e0y c\u1ee7a mini-S&P 500 v\u00e0 Nasdaq 100 t\u01b0\u01a1ng lai l\u00e0 kho\u1ea3ng 1 ngh\u00ecn t\u1ef7 USD. Kh\u1ed1i l\u01b0\u1ee3ng kh\u1ed5ng l\u1ed3 khi\u1ebfn t\u00e1c \u0111\u1ed9ng lan r\u1ed9ng nhanh ch\u00f3ng.<\/p>\n

Vi\u1ec7c \u0111\u00ecnh ch\u1ec9 tr\u00f9ng v\u1edbi c\u00e1c n\u00fat ch\u1ed3ng ch\u00e9o thanh to\u00e1n qu\u1ef9 tr\u00e1i m\u00f9a, cu\u1ed1i th\u00e1ng v\u00e0 cu\u1ed1i n\u0103m sau L\u1ec5 T\u1ea1 \u01a1n, d\u1eabn \u0111\u1ebfn thi\u1ebfu c\u00e1c c\u00f4ng c\u1ee5 ph\u00f2ng ng\u1eeba r\u1ee7i ro thanh kho\u1ea3n, giao d\u1ecbch tr\u00e1i phi\u1ebfu kho b\u1ea1c b\u1ecb h\u1ea1n ch\u1ebf, ch\u00eanh l\u1ec7ch ngo\u1ea1i h\u1ed1i m\u1edf r\u1ed9ng v\u00e0 \u00e1p l\u1ef1c giao h\u00e0ng t\u01b0\u01a1ng lai t\u0103ng m\u1ea1nh. \u0110\u1ed1i v\u1edbi th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd, vi\u1ec7c \u0111\u00f3ng b\u0103ng c\u00e1c h\u1ee3p \u0111\u1ed3ng quy\u1ec1n ch\u1ecdn v\u00e0 h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai v\u00e0ng tr\u00ean s\u00e0n Comex \u0111\u00e3 khi\u1ebfn ho\u1ea1t \u0111\u1ed9ng ph\u00f2ng ng\u1eeba r\u1ee7i ro giao ngay t\u1ea1i London th\u1ea5t b\u1ea1i. Gi\u00e1 v\u00e0ng \u0111\u1ea7u ti\u00ean t\u0103ng v\u1ecdt v\u00e0 sau \u0111\u00f3 dao \u0111\u1ed9ng. Ch\u00eanh l\u1ec7ch gi\u00e1 mua-b\u00e1n t\u0103ng v\u1ecdt t\u1eeb 1 USD l\u00ean h\u01a1n 20 USD. Vi\u1ec7c thi\u1ebfu d\u1eef li\u1ec7u kinh t\u1ebf do ch\u00ednh ph\u1ee7 M\u1ef9 \u0111\u00f3ng c\u1eeda c\u00e0ng l\u00e0m t\u0103ng th\u00eam nh\u1eefng bi\u1ebfn \u0111\u1ed9ng ng\u1eafn h\u1ea1n.<\/p>\n

\"\u56fe\u7247<\/p>\n

<\/a>Xu h\u01b0\u1edbng c\u1ed1t l\u00f5i tr\u00ean th\u1ecb tr\u01b0\u1eddng kim lo\u1ea1i qu\u00fd<\/strong><\/p>\n

Theo ph\u00e2n t\u00edch c\u1ee7a Wmax, v\u00e0ng \u0111ang h\u01b0\u1edbng t\u1edbi hi\u1ec7u su\u1ea5t h\u00e0ng n\u0103m t\u1ed1t nh\u1ea5t k\u1ec3 t\u1eeb n\u0103m 1979. \u201cB\u1ed1n m\u1ee9c t\u0103ng li\u00ean ti\u1ebfp\u201d h\u00e0ng th\u00e1ng c\u1ed9ng h\u01b0\u1edfng v\u1edbi s\u1ef1 gia t\u0103ng n\u1eafm gi\u1eef c\u1ee7a ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng to\u00e0n c\u1ea7u v\u00e0 d\u00f2ng v\u1ed1n ETF \u0111\u1ed5 v\u00e0o. \u0110\u1ed9ng l\u1ef1c c\u1ed1t l\u00f5i l\u00e0 nh\u1eefng nh\u1eadn x\u00e9t \u00f4n h\u00f2a c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang nh\u1eb1m c\u1ee7ng c\u1ed1 k\u1ef3 v\u1ecdng v\u1ec1 vi\u1ec7c c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t, c\u00f9ng v\u1edbi t\u00ednh d\u1ec5 b\u1ecb t\u1ed5n th\u01b0\u01a1ng c\u1ee7a th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh do s\u1ef1 c\u1ed1 ng\u1eebng ho\u1ea1t \u0111\u1ed9ng c\u1ee7a CME v\u00e0 s\u1ef1 \u01b0a th\u00edch \u0111\u1ed1i v\u1edbi c\u00e1c qu\u1ef9 tr\u00fa \u1ea9n an to\u00e0n ti\u1ebfp t\u1ee5c gia t\u0103ng. V\u00e0o cu\u1ed1i th\u00e1ng 11, h\u1ee3p \u0111\u1ed3ng v\u00e0ng th\u00e1ng 12 \u0111\u00f3ng c\u1eeda \u1edf m\u1ee9c 4.165,40 USD\/ounce. M\u1eb7c d\u00f9 c\u00f3 nh\u1eefng x\u00e1o tr\u1ed9n trong ng\u1eafn h\u1ea1n nh\u01b0ng \u0111\u1ed9ng l\u1ef1c c\u1ed1t l\u00f5i v\u1eabn kh\u00f4ng thay \u0111\u1ed5i v\u00e0 c\u00f3 \u0111\u1ee7 \u0111\u1ed9ng l\u1ef1c \u0111i l\u00ean.<\/p>\n

Theo d\u00f5i Wmax cho th\u1ea5y m\u00f4 h\u00ecnh th\u1ecb tr\u01b0\u1eddng b\u1ea1c \u0111\u00e3 thay \u0111\u1ed5i v\u1ec1 c\u01a1 b\u1ea3n: tr\u01b0\u1edbc \u0111\u00e2y do bi\u1ebfn \u0111\u1ed9ng cao, t\u1ef7 l\u1ec7 v\u00e0ng-b\u1ea1c \u0111\u00e3 v\u01b0\u1ee3t qu\u00e1 100 v\u00e0o th\u00e1ng 4 (m\u1ee9c cao nh\u1ea5t trong 5 n\u0103m) v\u00e0 hi\u1ec7n \u0111\u00e3 gi\u1ea3m xu\u1ed1ng 74. B\u1ea1c \u0111\u1ea1t m\u1ee9c cao k\u1ef7 l\u1ee5c 56 USD\/ounce v\u00e0o tu\u1ea7n tr\u01b0\u1edbc, t\u0103ng 97% trong n\u0103m. Trong c\u00f9ng th\u1eddi gian, v\u00e0ng \u0111\u1ee9ng \u1edf m\u1ee9c 4.200 USD, t\u0103ng g\u1ea7n 61% trong n\u0103m. Logic c\u1ed1t l\u00f5i l\u00e0 \u0111i\u1ec7n kh\u00ed h\u00f3a to\u00e0n c\u1ea7u \u0111\u00e3 th\u00fac \u0111\u1ea9y nhu c\u1ea7u c\u00f4ng nghi\u1ec7p v\u00e0 ngu\u1ed3n cung \u0111\u00e3 thi\u1ebfu h\u1ee5t trong 5 n\u0103m li\u00ean ti\u1ebfp. H\u00e0ng t\u1ed3n kho ti\u1ebfp t\u1ee5c c\u1ea1n ki\u1ec7t. Th\u00eam v\u00e0o \u0111\u00f3 l\u00e0 ho\u1ea1t \u0111\u1ed9ng mua s\u1eafm c\u1ee7a \u1ea4n \u0110\u1ed9, s\u1ef1 nhi\u1ec7t t\u00ecnh ph\u00e2n b\u1ed5 c\u1ee7a ng\u01b0\u1eddi ch\u00e2u \u00c1 v\u00e0 \u0111\u1ecbnh v\u1ecb kim lo\u1ea1i quan tr\u1ecdng, \u0111\u1ed3ng th\u1eddi c\u0103ng th\u1eb3ng v\u1ec1 ngu\u1ed3n cung v\u1eadt ch\u1ea5t ng\u00e0y c\u00e0ng gia t\u0103ng.<\/p>\n

\"\u56fe\u7247<\/p>\n

<\/a>chi\u1ebfn l\u01b0\u1ee3c ng\u1eafn h\u1ea1n v\u00e0ng<\/strong><\/p>\n

V\u1ec1 m\u1eb7t ch\u00ednh s\u00e1ch, tr\u1ecdng t\u00e2m l\u00e0 cu\u1ed9c h\u1ecdp l\u00e3i su\u1ea5t c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang v\u00e0o th\u00e1ng 12, n\u01a1i th\u1ecb tr\u01b0\u1eddng d\u1ef1 ki\u1ebfn \u200b\u200b\u200b\u200bs\u1ebd c\u1eaft gi\u1ea3m l\u00e3i su\u1ea5t 25 \u0111i\u1ec3m c\u01a1 b\u1ea3n; v\u1ec1 m\u1eb7t k\u1ef9 thu\u1eadt, v\u00e0ng Lu\u00e2n \u0110\u00f4n cu\u1ed1i c\u00f9ng \u1edf m\u1ee9c 4.252,51 USD m\u1ed7i ounce (t\u0103ng 0,71% h\u00e0ng ng\u00e0y), v\u1edbi m\u1ee9c h\u1ed7 tr\u1ee3 \u1edf m\u1ee9c 4.220-4.230 USD (khu v\u1ef1c ch\u1ea5p nh\u1eadn t\u00e0i tr\u1ee3, t\u01b0\u01a1ng quan ngh\u1ecbch v\u1edbi l\u00e3i su\u1ea5t Kho b\u1ea1c Hoa K\u1ef3 k\u1ef3 h\u1ea1n 10 n\u0103m l\u00e0 3,85%) v\u00e0 m\u1ee9c kh\u00e1ng c\u1ef1 \u1edf m\u1ee9c 4.280-4.300 USD. \u0110\u1ec1 xu\u1ea5t ho\u1ea1t \u0111\u1ed9ng: Can thi\u1ec7p v\u00e0o c\u00e1c v\u1ecb th\u1ebf nh\u1eb9 \u1edf m\u1ee9c 4230-4240 USD, v\u01b0\u1ee3t qua 4300 USD v\u00e0 \u0111\u1ee9ng v\u1eefng v\u00e0 th\u00eam v\u1ecb th\u1ebf v\u00e0o ng\u00e0y th\u1ee9 2; v\u1ecb tr\u00ed ban \u0111\u1ea7u l\u00e0 15%-20% v\u00e0 sau khi th\u00eam v\u1ecb tr\u00ed s\u1ebd kh\u00f4ng v\u01b0\u1ee3t qu\u00e1 30%; m\u1ee9c d\u1eebng l\u1ed7 l\u00e0 4200 USD, m\u1ee5c ti\u00eau 4350-4380 USD.<\/p>\n

<\/a>Chi\u1ebfn l\u01b0\u1ee3c ng\u1eafn h\u1ea1n b\u1ea1c<\/strong><\/p>\n

V\u00e0o ng\u00e0y 1 th\u00e1ng 12, b\u1ea1c giao ngay \u1edf London l\u1ea7n \u0111\u1ea7u ti\u00ean v\u01b0\u1ee3t qua m\u1ee9c 57 \u0111\u00f4 la M\u1ef9 m\u1ed9t ounce v\u00e0 h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai COMEX t\u1eebng v\u01b0\u1ee3t qu\u00e1 58 \u0111\u00f4 la M\u1ef9, g\u1ea7n g\u1ea5p \u0111\u00f4i m\u1ee9c t\u0103ng trong n\u0103m. T\u1ed3n kho c\u1ee7a S\u00e0n giao d\u1ecbch v\u00e0ng Th\u01b0\u1ee3ng H\u1ea3i gi\u1ea3m xu\u1ed1ng 715,875 t\u1ea5n (gi\u1ea3m 58,83 t\u1ea5n so v\u1edbi th\u00e1ng tr\u01b0\u1edbc), gi\u00e1 cho thu\u00ea t\u0103ng v\u1ecdt v\u00e0 t\u1ef7 l\u1ec7 bi\u1ebfn \u0111\u1ed9ng g\u1ea5p 3 l\u1ea7n v\u00e0ng. M\u1ee9c h\u1ed7 tr\u1ee3 l\u00e0 55-55,5 \u0111\u00f4 la M\u1ef9 v\u00e0 m\u1ee9c kh\u00e1ng c\u1ef1 l\u00e0 58-58,5 \u0111\u00f4 la M\u1ef9. \u0110\u1ec1 xu\u1ea5t ho\u1ea1t \u0111\u1ed9ng: Th\u1eed nghi\u1ec7m c\u00e1c v\u1ecb th\u1ebf c\u1ef1c nh\u1eb9 \u1edf m\u1ee9c 56-56,5 USD. N\u1ebfu gi\u00e1 v\u01b0\u1ee3t qu\u00e1 58,5 USD v\u00e0 h\u00e0ng t\u1ed3n kho kh\u00f4ng t\u0103ng tr\u1edf l\u1ea1i, b\u1ea1n c\u00f3 th\u1ec3 th\u00eam v\u1ecb tr\u00ed; t\u1ed5ng v\u1ecb th\u1ebf kh\u00f4ng \u0111\u01b0\u1ee3c v\u01b0\u1ee3t qu\u00e1 10% v\u1ecb th\u1ebf kim lo\u1ea1i qu\u00fd; m\u1ee9c d\u1eebng l\u1ed7 l\u00e0 54 \u0111\u00f4 la M\u1ef9, m\u1ee5c ti\u00eau l\u00e0 60-60,5 \u0111\u00f4 la M\u1ef9 v\u00e0 ch\u00fa \u00fd k\u1ef9 \u0111\u1ebfn c\u00e1c v\u1ecb tr\u00ed LME v\u00e0 gi\u00e1 cho thu\u00ea.<\/p>\n

\"\u56fe\u7247<\/p>\n

\u98ce\u9669\u63d0\u793a<\/strong><\/p>\n

Wmax L\u1eddi khuy\u00ean: Th\u1ecb tr\u01b0\u1eddng c\u00f3 nhi\u1ec1u r\u1ee7i ro n\u00ean vi\u1ec7c \u0111\u1ea7u t\u01b0 c\u1ea7n th\u1eadn tr\u1ecdng. B\u00e1o c\u00e1o n\u00e0y d\u1ef1a tr\u00ean d\u1eef li\u1ec7u th\u1eddi gian th\u1ef1c, nghi\u00ean c\u1ee9u chu\u1ed7i ng\u00e0nh v\u00e0 suy lu\u1eadn \u0111\u1ecbnh l\u01b0\u1ee3ng v\u00e0 kh\u00f4ng ph\u1ea3i l\u00e0 l\u1eddi khuy\u00ean \u0111\u1ea7u t\u01b0. Trong ng\u1eafn h\u1ea1n, ch\u00fang ta c\u1ea7n c\u1ea3nh gi\u00e1c v\u1edbi nh\u1eefng bi\u1ebfn \u0111\u1ed9ng do ng\u1eebng ho\u1ea1t \u0111\u1ed9ng c\u1ee7a CME, nh\u1eefng thay \u0111\u1ed5i trong ch\u00ednh s\u00e1ch c\u1ee7a C\u1ee5c D\u1ef1 tr\u1eef Li\u00ean bang v\u00e0 s\u1ef1 \u0111\u1ea3o chi\u1ec1u trong t\u00e2m l\u00fd v\u1ed1n. Nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean ph\u00e2n b\u1ed5 h\u1ee3p l\u00fd d\u1ef1a tr\u00ean kh\u1ea3 n\u0103ng ch\u1ea5p nh\u1eadn r\u1ee7i ro c\u1ee7a m\u00ecnh.<\/p>","protected":false},"excerpt":{"rendered":"

Gi\u00e1m s\u00e1t Wmax: Vi\u1ec7c ng\u1eebng ho\u1ea1t \u0111\u1ed9ng c\u1ee7a CME \u0111\u00e3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn th\u1ecb tr\u01b0\u1eddng to\u00e0n c\u1ea7u v\u00e0 vi\u1ec7c thi\u1ebfu thanh kho\u1ea3n l\u00e0m t\u0103ng th\u00eam s\u1ef1 bi\u1ebfn \u0111\u1ed9ng; v\u00e0ng \u0111ang h\u01b0\u1edbng t\u1edbi n\u0103m t\u1ed1t nh\u1ea5t k\u1ec3 t\u1eeb n\u0103m 1979, v\u1edbi m\u1ee9c h\u1ed7 tr\u1ee3 \u1edf m\u1ee9c $4220-4230 v\u00e0 m\u1ee9c kh\u00e1ng c\u1ef1 \u1edf m\u1ee9c $4280-4300; b\u1ea1c l\u1ea7n \u0111\u1ea7u ti\u00ean v\u01b0\u1ee3t qua m\u1ee9c 57 USD v\u00e0 \u0111\u1ea1t m\u1ee9c cao k\u1ef7 l\u1ee5c, v\u1edbi m\u1ee9c h\u1ed7 tr\u1ee3 \u1edf m\u1ee9c 55-55,5 USD v\u00e0 m\u1ee9c kh\u00e1ng c\u1ef1 \u1edf m\u1ee9c 58-58,5 USD. \u0110\u1ec1 xu\u1ea5t ho\u1ea1t \u0111\u1ed9ng: Can thi\u1ec7p v\u1edbi c\u00e1c v\u1ecb tr\u00ed nh\u1eb9 \u1edf m\u1ee9c $4230-4240 \u0111\u1ed1i v\u1edbi v\u00e0ng v\u00e0 c\u1ed1 g\u1eafng v\u00e0o l\u1ec7nh v\u1edbi c\u00e1c v\u1ecb tr\u00ed r\u1ea5t nh\u1eb9 \u1edf m\u1ee9c $56-56,5 \u0111\u1ed1i v\u1edbi b\u1ea1c. H\u00e3y c\u1ea3nh gi\u00e1c v\u1edbi nh\u1eefng r\u1ee7i ro v\u1ec1 thay \u0111\u1ed5i ch\u00ednh s\u00e1ch v\u00e0 s\u1ef1 \u0111\u1ea3o ng\u01b0\u1ee3c t\u00e2m l\u00fd v\u1ed1n.<\/p>","protected":false},"author":1,"featured_media":7680,"comment_status":"open","ping_status":"open","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":[120],"tags":[248,247,246],"class_list":["post-7679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-solutions","tag-248","tag-247","tag-246"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/7679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/comments?post=7679"}],"version-history":[{"count":2,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/7679\/revisions"}],"predecessor-version":[{"id":7705,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/posts\/7679\/revisions\/7705"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media\/7680"}],"wp:attachment":[{"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/media?parent=7679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/categories?post=7679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kpai1.cn\/vi\/wp-json\/wp\/v2\/tags?post=7679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}