{"id":38950,"date":"2026-02-24T04:33:18","date_gmt":"2026-02-24T04:33:18","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%af%b8%ec%93%b0%eb%b9%84%ec%8b%9cufjmufg%ec%9d%98-%eb%a7%88%ec%9d%b4%ed%81%b4-%ec%99%84%ec%9d%80-%eb%af%b8%ea%b5%ad-%ea%b4%80%ec%84%b8%ea%b0%80-%ec%99%84%ed%99%94%eb%90%98%ea%b3%a0-%eb%8b%ac\/"},"modified":"2026-02-24T04:33:18","modified_gmt":"2026-02-24T04:33:18","slug":"%eb%af%b8%ec%93%b0%eb%b9%84%ec%8b%9cufjmufg%ec%9d%98-%eb%a7%88%ec%9d%b4%ed%81%b4-%ec%99%84%ec%9d%80-%eb%af%b8%ea%b5%ad-%ea%b4%80%ec%84%b8%ea%b0%80-%ec%99%84%ed%99%94%eb%90%98%ea%b3%a0-%eb%8b%ac","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%af%b8%ec%93%b0%eb%b9%84%ec%8b%9cufjmufg%ec%9d%98-%eb%a7%88%ec%9d%b4%ed%81%b4-%ec%99%84%ec%9d%80-%eb%af%b8%ea%b5%ad-%ea%b4%80%ec%84%b8%ea%b0%80-%ec%99%84%ed%99%94%eb%90%98%ea%b3%a0-%eb%8b%ac\/","title":{"rendered":"\ubbf8\uc4f0\ube44\uc2dcUFJ(MUFG)\uc758 \ub9c8\uc774\ud074 \uc644\uc740 \ubbf8\uad6d \uad00\uc138\uac00 \uc644\ud654\ub418\uace0 \ub2ec\ub7ec\uac00 \uc57d\uc138\ub97c \ubcf4\uc774\uba74\uc11c USD\/CNY\uac00 \uc18c\ud3ed \ud558\ub77d\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ud55c\ub2e4."},"content":{"rendered":"MUFG\ub294 \ubbf8\uad6d \uad00\uc138\uac00 \uc801\uc6a9\ub418\ub294 \ubc29\uc2dd\uc758 \ubcc0\ud654\uc640 \ubbf8\uad6d \ub2ec\ub7ec(USD) \uc57d\uc138\uac00 \ub9de\ubb3c\ub9ac\uba74\uc11c, \uc55e\uc73c\ub85c USD\/CNY(\ubbf8\uad6d \ub2ec\ub7ec\/\uc911\uad6d \uc704\uc548 \ud658\uc728)\uac00 \uc11c\uc11c\ud788 \ub0b4\ub824\uac08 \uac00\ub2a5\uc131\uc744 \uc2dc\uc0ac\ud55c\ub2e4\uace0 \ubc1d\ud614\ub2e4. \ub610\ud55c \uc911\uad6d \uc218\ucd9c\uc5d0 \ub300\ud55c \uc2e4\uc9c8 \uad00\uc138\uac00 \ub0ae\uc544\uc9c8 \uac83\uc73c\ub85c \uc608\uc0c1\ub418\uae30 \ub54c\ubb38\uc5d0, \uc911\uad6d\uc774 \uc77c\ubd80 \uc544\uc2dc\uc544 \uc218\ucd9c\uad6d\ubcf4\ub2e4 \uc0c1\ub300\uc801\uc73c\ub85c \uc720\ub9ac\ud574\uc9c8 \uc218 \uc788\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4. \n– **\uad00\uc138(tariff)**: \ud574\uc678\uc5d0\uc11c \ub4e4\uc5b4\uc624\ub294 \ubb3c\uac74\uc5d0 \ub9e4\uae30\ub294 \uc138\uae08 \n– **\uc2e4\uc9c8 \uad00\uc138(effective tariff)**: \uba85\ubaa9(\ud45c\uba74) \uad00\uc138\uc728\uc774 \uc544\ub2c8\ub77c, \uc2e4\uc81c\ub85c \uc801\uc6a9\ub418\ub294 \ud3c9\uade0 \uad00\uc138 \ubd80\ub2f4\n\nMUFG\ub294 \ud61c\ud0dd\uc744 \ubcf4\uba70 \ubb34\uc5ed \ud569\uc758\ub97c \ud655\ubcf4\ud588\ub358 \uc77c\ubd80 \uad6d\uac00\ub4e4\uc774 \ub2e8\uae30\uc801\uc73c\ub85c\ub294 \uc774\uc804\ubcf4\ub2e4 \uc57d\uac04 \ubd88\ub9ac\ud574\uc84c\ub2e4\uace0 \ub9d0\ud588\ub2e4. \ub610 \uc911\uad6d\uacfc \ube0c\ub77c\uc9c8\ucc98\ub7fc \ubb34\uc5ed \ud569\uc758\uac00 \uc644\uc804\ud788 \ud655\uc815\ub418\uc9c0 \uc54a\uc740 \uad6d\uac00\ub4e4\uc774 \uc624\ud788\ub824 \ub354 \ub098\uc544\uc84c\ub2e4\uace0 \ubc1d\ud614\ub2e4. \n– **\ubb34\uc5ed \ud569\uc758(trade deal)**: \uad00\uc138, \uc218\uc785 \uaddc\uc815 \ub4f1\uc744 \uc11c\ub85c \uc815\ud55c \uad6d\uac00 \uac04 \uc57d\uc18d \n– **\ub2e8\uae30(interim)**: \ucd5c\uc885 \uacb0\ub860 \uc804\uc758 \uc77c\uc2dc\uc801\uc778 \uae30\uac04\n\n

\uad00\uc138 \ubcc0\ud654\uac00 \uc911\uad6d\uc5d0 \uc720\ub9ac<\/h3>\nMUFG\uac00 \uc778\uc6a9\ud55c Global Trade Alert\uc758 \ubd84\uc11d\uc5d0 \ub530\ub974\uba74, \ud5a5\ud6c4 \uba87 \ub2ec \ub3d9\uc548 \ube0c\ub77c\uc9c8\uacfc \uc911\uad6d\uc5d0 \ub300\ud55c \uc2e4\uc9c8 \uad00\uc138\uac00 \uc57d 7%~16% \ub0b4\ub824\uac08 \uc218 \uc788\ub2e4. MUFG\ub294 \uc774\ub85c \uc778\ud574 \ub2e4\ub978 \uc544\uc2dc\uc544 \uc218\ucd9c\uad6d\uacfc \uc911\uad6d \uc0ac\uc774\uc758 \uad00\uc138 \uaca9\ucc28\uac00 \uc904\uc5b4\ub4e4 \uac83\uc774\ub77c\uace0 \ub9d0\ud588\ub2e4. \n– **\uad00\uc138 \uaca9\ucc28(tariff gap)**: \uad6d\uac00\ubcc4\ub85c \uc2e4\uc81c\ub85c \uc801\uc6a9\ub418\ub294 \uad00\uc138 \uc218\uc900\uc758 \ucc28\uc774\n\nMUFG\ub294 \uad00\uc138 \uaca9\ucc28\uac00 \uc904\uba74, \ub2e4\ub978 \uc544\uc2dc\uc544 \uad6d\uac00\ub97c \uac70\uccd0 \ubbf8\uad6d\uc73c\ub85c \uc218\ucd9c\uc744 \u201c\uc6b0\ud68c\u201d\ud560 \uc720\uc778\uc774 \uac10\uc18c\ud55c\ub2e4\uace0 \ubc1d\ud614\ub2e4. \n– **\uc6b0\ud68c \uc218\ucd9c(re-route exports)**: \uad00\uc138\ub97c \ud53c\ud558\ub824\uace0 \uc0dd\uc0b0\u00b7\uc120\uc801 \uacbd\ub85c\ub97c \ub2e4\ub978 \ub098\ub77c\ub85c \ub3cc\ub9ac\ub294 \uac83\n\n

\ud3ec\uc9c0\uc158(\uac70\ub798 \ubc29\ud5a5)\uacfc \ubcc0\ub3d9\uc131 \ud750\ub984<\/h3>\n\uc774\ub294 2025\ub144 \ub300\ubd80\ubd84 \uae30\uac04\uc758 \uac70\ub798 \ud658\uacbd\uacfc\ub294 \ub69c\ub837\uc774 \ub2ec\ub77c\uc9c4 \ubcc0\ud654\ub2e4. \ub2f9\uc2dc\uc5d0\ub294 \ub192\uc740 \uad00\uc138\ub97c \ud53c\ud558\uae30 \uc704\ud574 \uacf5\uae09\ub9dd\uc774 \ub2e4\ub978 \uc544\uc2dc\uc544 \uad6d\uac00\ub85c \uc774\ub3d9\ud558\uba74\uc11c \uc704\uc548 \uc57d\uc138\uc5d0 \ucd08\uc810\uc744 \ub454 \uc804\ub7b5\uc774 \ub9ce\uc558\ub2e4. \uadf8\ub7ec\ub098 \uc774\ub7f0 \u201c\uc6b0\ud68c \uc218\ucd9c\u201d \ud750\ub984\uc740 \uc774\uc81c \ud798\uc774 \uc57d\ud574\uc9c0\uace0 \uc788\ub2e4. \n– **\uacf5\uae09\ub9dd(supply chain)**: \uc81c\ud488\uc774 \ub9cc\ub4e4\uc5b4\uc838 \uc18c\ube44\uc790\uc5d0\uac8c \uac00\uae30\uae4c\uc9c0\uc758 \uc0dd\uc0b0\u00b7\ubd80\ud488\u00b7\ubb3c\ub958 \uc5f0\uacb0 \uad6c\uc870 \n– **\uc704\uc548 \uc57d\uc138**: \uc704\uc548 \uac00\uce58\uac00 \ub5a8\uc5b4\uc838 \uac19\uc740 1\ub2ec\ub7ec\ub97c \uc0ac\ub294 \ub370 \ub354 \ub9ce\uc740 \uc704\uc548\uc774 \ud544\uc694\ud55c \uc0c1\ud0dc\n\n\uc911\uad6d\uc774 \uc720\ub9ac\ud574\uc9c0\ub294 \uac83\uacfc \ub2ec\ub9ac, \ubca0\ud2b8\ub0a8\uc758 1\uc6d4 \ub300\ubbf8 \uc218\ucd9c \uc99d\uac00\uc728\uc740 1.2%\ub85c \ub454\ud654\ub410\uace0(\uc791\ub144\ubcf4\ub2e4 \ud06c\uac8c \ub0ae\uc74c), \uad00\uc138\uc0c1 \uc774\uc810\uc774 \uc904\uba74\uc11c \uae30\uc5c5\uc774 \uc0dd\uc0b0\uc744 \uc911\uad6d \ubc16\uc73c\ub85c \uc62e\uae38 \uc774\uc720\ub3c4 \uc57d\ud574\uc9c4\ub2e4. \uc774\ub7f0 \uad6c\uc870\uc801 \ubcc0\ud654\ub294 USD\/CNY\uac00 \ub0b4\ub824\uac00\ub294 \ubc29\ud5a5(\ub2ec\ub7ec \ub300\ube44 \uc704\uc548 \uac15\uc138)\uc5d0 \uacc4\uc18d \uc555\ub825\uc744 \uc904 \uc218 \uc788\ub2e4. \n– **\uad6c\uc870\uc801 \ubcc0\ud654(fundamental shift)**: \uc77c\uc2dc\uc801 \uc694\uc778\uc774 \uc544\ub2c8\ub77c, \uc2dc\uc7a5\uc758 \uae30\ubcf8 \uc870\uac74\uc774 \ubc14\ub00c\ub294 \ubcc0\ud654\n\n\uc2dc\uc7a5\uc5d0\uc11c\ub294 \uae09\ub77d\uc774 \uc544\ub2c8\ub77c \uc644\ub9cc\ud55c \ud558\ub77d\uc744 \ubc18\uc601\ud558\ub294 \ubaa8\uc2b5\uc774\ub2e4. USD\/CNY\uc758 1\uac1c\uc6d4 \ub0b4\uc7ac\ubcc0\ub3d9\uc131(\uc2dc\uc7a5\uc5d0 \ub0b4\uc7ac\ub41c \uc608\uc0c1 \ubcc0\ub3d9 \ud3ed)\uc740 3.8%\ub85c, \ucd5c\uadfc \uba87 \ub2ec \uc0ac\uc774 \ub0ae\uc740 \uc218\uc900\uc5d0 \uac00\uae5d\ub2e4. \uc774\ub7f0 \ub0ae\uc740 \ubcc0\ub3d9\uc131 \ud658\uacbd\uc5d0\uc11c\ub294 \ud574\ub2f9 \ud1b5\ud654\uc30d\uc5d0\uc11c \uc678\uac00\uaca9 \ucf5c\uc635\uc158\uc744 \ub9e4\ub3c4\ud574 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ubc1b\ub294 \uc804\ub7b5\uc774 \ub9e4\ub825\uc801\uc77c \uc218 \uc788\ub2e4\uace0 \uc5b8\uae09\ud588\ub2e4. \n– **\ub0b4\uc7ac\ubcc0\ub3d9\uc131(implied volatility)**: \uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \u201c\uc55e\uc73c\ub85c \uc5bc\ub9c8\ub098 \ud754\ub4e4\ub9b4\uc9c0\u201d\uc5d0 \ub300\ud55c \uc2dc\uc7a5\uc758 \uae30\ub300 \n– **\uc635\uc158(option)**: \ubbf8\ub9ac \uc815\ud55c \uac00\uaca9\uc73c\ub85c \ub098\uc911\uc5d0 \uc0ac\uace0\ud314 \uc218 \uc788\ub294 \uad8c\ub9ac(\ub610\ub294 \uadf8 \uacc4\uc57d) \n– **\ucf5c\uc635\uc158(call option)**: \ub098\uc911\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac \n– **\uc678\uac00\uaca9(out-of-the-money)**: \uc9c0\uae08 \uac00\uaca9\ubcf4\ub2e4 \ubd88\ub9ac\ud55c \ud589\uc0ac\uac00\uaca9\uc774\ub77c \ud604\uc7ac\ub294 \ubc14\ub85c \uc774\uc775\uc774 \ub098\uae30 \uc5b4\ub824\uc6b4 \uc0c1\ud0dc \n– **\ud504\ub9ac\ubbf8\uc5c4(premium)**: \uc635\uc158\uc744 \ud314\uac70\ub098 \uc0b4 \ub54c \uc8fc\uace0\ubc1b\ub294 \uac00\uaca9(\uc218\uc218\ub8cc\ucc98\ub7fc \uc9c0\uae09\ub418\ub294 \ub300\uac00)\n\n\n

VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c \uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

\ubbf8\uad6d \uad00\uc138 \uc801\uc6a9 \ubcc0\ud654\uc640 \ub2ec\ub7ec \uc57d\uc138\ub85c USD\/CNY\ub294 \uc644\ub9cc\ud788 \ud558\ub77d\ud560 \uc804\ub9dd. \uc911\uad6d\u00b7\ube0c\ub77c\uc9c8 \uc2e4\ud6a8\uad00\uc138\uac00 7~16% \ub0ae\uc544\uc838 \uc911\uad6d \uacbd\uc7c1\ub825\u2191, \uc6b0\ud68c\uc218\ucd9c \uc720\uc778\u2193. \ubcc0\ub3d9\uc131\ub3c4 \ub0ae\uc544 \ud558\ub77d \ubca0\ud305\uc5d0 \uc720\ub9ac. – vtmarkets.com<\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-38950","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/38950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=38950"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/38950\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=38950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=38950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=38950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}