{"id":40244,"date":"2026-03-10T00:42:37","date_gmt":"2026-03-10T00:42:37","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/nbc-%ec%9d%b4%ec%bd%94%eb%85%b8%eb%af%b8%ec%8a%a4%ed%8a%b8%eb%93%a4-2%ec%9b%94-%ea%b3%a0%ec%9a%a9-1%eb%a7%8c%eb%aa%85-%ec%a6%9d%ea%b0%80-%ec%a0%84%eb%a7%9d%ea%b2%bd%ec%a0%9c%ed%99%9c\/"},"modified":"2026-03-10T00:42:37","modified_gmt":"2026-03-10T00:42:37","slug":"nbc-%ec%9d%b4%ec%bd%94%eb%85%b8%eb%af%b8%ec%8a%a4%ed%8a%b8%eb%93%a4-2%ec%9b%94-%ea%b3%a0%ec%9a%a9-1%eb%a7%8c%eb%aa%85-%ec%a6%9d%ea%b0%80-%ec%a0%84%eb%a7%9d%ea%b2%bd%ec%a0%9c%ed%99%9c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/nbc-%ec%9d%b4%ec%bd%94%eb%85%b8%eb%af%b8%ec%8a%a4%ed%8a%b8%eb%93%a4-2%ec%9b%94-%ea%b3%a0%ec%9a%a9-1%eb%a7%8c%eb%aa%85-%ec%a6%9d%ea%b0%80-%ec%a0%84%eb%a7%9d%ea%b2%bd%ec%a0%9c%ed%99%9c\/","title":{"rendered":"NBC \uc774\ucf54\ub178\ubbf8\uc2a4\ud2b8\ub4e4, 2\uc6d4 \uace0\uc6a9 1\ub9cc\uba85 \uc99d\uac00 \uc804\ub9dd\u2026\uacbd\uc81c\ud65c\ub3d9\ucc38\uac00\uc728 65.2%\ub85c \uc0c1\uc2b9\ud558\uba70 \uc2e4\uc5c5\ub960\uc740 6.7%\ub85c \uc18c\ud3ed \uc0c1\uc2b9\ud560 \ub4ef"},"content":{"rendered":"\ub0b4\uc154\ub110\ubc45\ud06c\uc624\ube0c\uce90\ub098\ub2e4(National Bank of Canada)\uc758 \uc774\ucf54\ub178\ubbf8\uc2a4\ud2b8\ub4e4\uc740 \uce90\ub098\ub2e4 2\uc6d4 **\ub178\ub3d9\ub825\uc870\uc0ac(Labour Force Survey: \uace0\uc6a9\u00b7\uc2e4\uc5c5\u00b7\uacbd\uc81c\ud65c\ub3d9\ucc38\uac00\uc728\uc744 \uc9d1\uacc4\ud558\ub294 \uc6d4\uac04 \ud1b5\uacc4)**\uc5d0\uc11c 1\uc6d4 \uac10\uc18c \uc774\ud6c4 **\ucde8\uc5c5\uc790 \uc218\uac00 1\ub9cc\uba85 \uc99d\uac00**\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ud588\ub2e4. **\uc2e4\uc5c5\ub960\uc740 6.7%**\ub85c **0.2%\ud3ec\uc778\ud2b8** \uc0c1\uc2b9\ud560 \uac83\uc73c\ub85c \ub0b4\ub2e4\ubd24\ub2e4.\n\n\uc774\ub4e4\uc740 **\uacbd\uc81c\ud65c\ub3d9\ucc38\uac00\uc728(Participation rate: \uc77c\ud560 \uc758\uc0ac\uac00 \uc788\ub294 \uc778\uad6c\uac00 \ub178\ub3d9\uc2dc\uc7a5\uc5d0 \ucc38\uc5ec\ud558\ub294 \ube44\uc728)**\uc774 65.0%\uc5d0\uc11c **65.2%**\ub85c \uc18c\ud3ed \uc624\ub97c \uac83\uc73c\ub85c \ubd24\ub2e4. \uc774\ub294 1\uc6d4\uc5d0 0.4%\ud3ec\uc778\ud2b8 \ud558\ub77d\ud55c \ub4a4\uc758 \ubc18\ub4f1\uc774\ub2e4.\n\n

Labour Market Expectations<\/h3>\n1\uc6d4 **\uc0c1\ud488\ubb34\uc5ed\uc218\uc9c0(merchandise trade balance: \uc0c1\ud488 \uc218\ucd9c\uc785 \ucc28\uc774)**\ub294 \uc218\ucd9c\uc774 \ub298\uace0 \uc218\uc785\uc774 \uc904\uba74\uc11c \uac1c\uc120\ub420 \uac83\uc73c\ub85c \uc608\uc0c1\ub410\ub2e4. **\ubb34\uc5ed\uc801\uc790(trade deficit: \uc218\uc785\uc774 \uc218\ucd9c\ubcf4\ub2e4 \ub9ce\uc544 \ubc1c\uc0dd\ud558\ub294 \uc801\uc790)**\ub294 **2\uc5b55,000\ub9cc \uce90\ub098\ub2e4\ub2ec\ub7ec(C$0.25bn)**\ub85c \ucd95\uc18c\ub420 \uc804\ub9dd\uc774\ub2e4.\n\n\uc218\ucd9c\uc740 \uae08\uc744 \ud3ec\ud568\ud55c \uc77c\ubd80 **\uc6d0\uc790\uc7ac(raw materials: \uc0dd\uc0b0\uc5d0 \uc4f0\uc774\ub294 \uae30\ucd08 \uc790\uc6d0)** \uac00\uaca9 \uc0c1\uc2b9\uc758 \uc9c0\uc6d0\uc744 \ubc1b\uc744 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4. \ud55c\ud3b8 1\uc6d4 **\uc81c\uc870\uc5c5 \ud310\ub9e4(manufacturing sales: \uc81c\uc870\uc5c5\uccb4\uc758 \ucd9c\ud558\u00b7\ud310\ub9e4 \uae08\uc561)**\ub294 \uc804\uc6d4 \ub300\ube44 **3.3% \uac10\uc18c**\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ub410\ub2e4.\n\n\uc81c\uc870\uc5c5 \ud310\ub9e4 \uac10\uc18c\ub294 **\uc6b4\uc1a1\uc7a5\ube44(transportation equipment: \uc790\ub3d9\ucc28\u00b7\ud56d\uacf5\uae30 \ub4f1 \uc6b4\uc1a1\uc218\ub2e8 \uad00\ub828 \uc81c\ud488)**\uc640 **\uae30\uacc4(machinery: \uc0b0\uc5c5\uc6a9 \uc124\ube44\u00b7\uc7a5\ube44)** \ubd80\ubb38\uc758 \ubd80\uc9c4\uacfc \uc5f0\uad00\ub41c \uac83\uc73c\ub85c \ubd84\uc11d\ub410\ub2e4. \uc774 \uae30\uc0ac\ub294 **\uc778\uacf5\uc9c0\ub2a5(AI: \ub370\uc774\ud130\ub97c \ud559\uc2b5\ud574 \ubb38\uc7a5\u00b7\ubd84\uc11d\uc744 \uc790\ub3d9 \uc0dd\uc131\ud558\ub294 \uae30\uc220)** \ub3c4\uad6c\ub85c \uc791\uc131\ub418\uace0 \ud3b8\uc9d1\uc790\uc758 \uac80\ud1a0\ub97c \uac70\ucce4\ub2e4\uace0 \ubc1d\ud614\ub2e4.\n\n

Market Implications For Rates<\/h3>\n2026\ub144 2\uc6d4 \ucd5c\uc2e0 \ub178\ub3d9\ub825\uc870\uc0ac\uc5d0\uc11c\ub294 **\uc77c\uc790\ub9ac\uac00 \uc21c\uac10 5,000\uac1c**\ub85c \ub098\ud0c0\ub098, \uc18c\ud3ed \uc99d\uac00\ub97c \uc608\uc0c1\ud588\ub358 \uc2dc\uc7a5 \uc804\ub9dd\uc744 \ud06c\uac8c \ubc11\ub3cc\uc558\ub2e4. \uc774\ub85c \uc778\ud574 **\uc2e4\uc5c5\ub960\uc740 6.9%**\ub85c \uc0c1\uc2b9\ud574 2\ub144 \ub9cc\uc758 \ucd5c\uace0\uce58\ub97c \uae30\ub85d\ud588\uc73c\uba70, **\uacbd\uc81c\ud65c\ub3d9\ucc38\uac00\uc728\uc740 65.4%**\ub85c \uc62c\ub790\ub2e4. \uc774\ub294 \uc9c0\ub09c\ud574 \uc774\ub9d8\ub54c\ubd80\ud130 \ub4dc\ub7ec\ub098\ub358 **\uae30\ucd08 \uccb4\ub825 \uc57d\ud654(underlying weakness: \uc77c\uc2dc\uc801 \uc694\uc778\uc774 \uc544\ub2cc \uad6c\uc870\uc801\u00b7\uc9c0\uc18d\uc801 \ub454\ud654)** \ud750\ub984\uc744 \ud655\uc778\ud574\uc900\ub2e4.\n\n\uc774\ucc98\ub7fc \uace0\uc6a9\uc2dc\uc7a5\uc774 \uc9c0\uc18d\uc801\uc73c\ub85c \uc2dd\uc73c\uba74\uc11c **\uce90\ub098\ub2e4\uc911\uc559\uc740\ud589(BoC)\uc758 \uae30\uc900\uae08\ub9ac \uc778\ud558** \uac00\ub2a5\uc131\uc774 \ub2e4\uc74c \ubd84\uae30 \ub0b4 \ud06c\uac8c \ub192\uc544\uc84c\ub2e4. \uc2dc\uc7a5\uc5d0\uc11c\ub294 7\uc6d4 \ud68c\uc758\uc5d0\uc11c **25bp(\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8: \uae08\ub9ac 0.01%\ud3ec\uc778\ud2b8 \ub2e8\uc704, 25bp=0.25%\ud3ec\uc778\ud2b8)** \uc778\ud558 \ud655\ub960\uc744 70% \uc774\uc0c1\uc73c\ub85c \ubc18\uc601\ud558\uace0 \uc788\ub2e4. \uc774\uc5d0 \ub530\ub77c \ub2e8\uae30\uae08\ub9ac \ud558\ub77d\uc758 \uc218\ud61c\ub97c \ubcf4\ub294 \ud3ec\uc9c0\uc158\uc774 \uac70\ub860\ub41c\ub2e4. \uc608\ub97c \ub4e4\uc5b4 **BAX \uc120\ubb3c(BAX futures: \uce90\ub098\ub2e4 \ub2e8\uae30\uae08\ub9ac\ub97c \ubc18\uc601\ud558\ub294 3\uac1c\uc6d4\ubb3c \ub2e8\uae30\uae08\ub9ac \uc120\ubb3c)**\uc758 **\ucf5c\uc635\uc158(call option: \ud2b9\uc815 \uac00\uaca9\uc5d0 \uc0b4 \uad8c\ub9ac)** \ub9e4\uc218\uac00 \ub300\uc548\uc774 \ub420 \uc218 \uc788\ub2e4.\n\n\uadf8 \uacb0\uacfc \uce90\ub098\ub2e4\ub2ec\ub7ec \uc804\ub9dd\uc740 \uc57d\ud574\uc84c\uace0, **\uae08\ub9ac\ucc28(rate differentials: \uad6d\uac00 \uac04 \uae08\ub9ac \uaca9\ucc28)**\ub294 \ubbf8 \ub2ec\ub7ec\uc5d0 \uc720\ub9ac\ud558\uac8c \uc804\uac1c\ub420 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4. **\ub2ec\ub7ec\/\uce90\ub098\ub2e4\ub2ec\ub7ec(USD\/CAD: \ubbf8\ub2ec\ub7ec \ub300\ube44 \uce90\ub098\ub2e4\ub2ec\ub7ec \ud658\uc728)**\ub294 \uc774\ubbf8 1.37\uc744 \uc0c1\ud5a5 \ub3cc\ud30c\ud588\uc73c\uba70, \uc9c0\ud45c \ubd80\uc9c4\uc774 \uc774\uc5b4\uc9c0\uba74 1.39\uae4c\uc9c0\uc758 \uc774\ub3d9\ub3c4 \uac00\ub2a5\ud574 \ubcf4\uc778\ub2e4. \ud22c\uc790\uc790\ub4e4\uc740 \ucd94\uac00 \ud558\ub77d\uc5d0 \ub300\ube44\ud558\uac70\ub098 \ud558\ub77d\uc5d0 \ubca0\ud305\ud558\uae30 \uc704\ud574 \uce90\ub098\ub2e4\ub2ec\ub7ec **\ud48b\uc635\uc158(put option: \ud2b9\uc815 \uac00\uaca9\uc5d0 \ud314 \uad8c\ub9ac)**\uc744 \uac80\ud1a0\ud560 \uc218 \uc788\ub2e4.\n\n2025\ub144 1\uc6d4\uc5d0 \ub098\ud0c0\ub09c \uc81c\uc870\uc5c5 \ud310\ub9e4\uc758 \uae09\ub77d\uc740 \ud604\uc7ac \uc8fc\uc2dd\uc2dc\uc7a5\uc5d0\ub3c4 \uacbd\uace0 \uc2e0\ud638\ub85c \ud574\uc11d\ub420 \uc218 \uc788\ub2e4. \ucd5c\uadfc \ubc1c\ud45c\ub41c 2026\ub144 1\uc6d4 \uc81c\uc870\uc5c5 \ud310\ub9e4 \uc7a0\uc815\uce58\ub294 \uc790\ub3d9\ucc28 \uc5c5\uc885 \ubd80\uc9c4\uc73c\ub85c **2.8% \uac10\uc18c**\ub97c \uac00\ub9ac\ud0a8\ub2e4. \uc774\uc5d0 \ub530\ub77c \uae30\uc5c5 \uc2e4\uc801 \ub454\ud654 \uac00\ub2a5\uc131\uc5d0 \ub300\ube44\ud574 **S&P\/TSX 60 \uc9c0\uc218(\uce90\ub098\ub2e4 \ub300\ud45c \ub300\ud615\uc8fc \uc9c0\uc218)**\uc5d0 \ub300\ud55c **\ud48b\uc635\uc158**\uc744 \ub9e4\uc218\ud574 \uc2dc\uc7a5 \uc804\uccb4 \uc704\ud5d8\uc744 \uc904\uc774\ub294 \uc804\ub7b5\uc774 \uc5b8\uae09\ub41c\ub2e4.\n\n\ub2e4\ub9cc 2025\ub144 \uc804\ub9dd\uc5d0\uc11c \uc5b8\uae09\ub41c \uae08 \uad00\ub828 \uc218\ucd9c \uac15\uc138\ub294 \uae30\ud68c \uc694\uc778\uc774 \ub420 \uc218 \uc788\ub2e4. \uae00\ub85c\ubc8c \ubd88\ud655\uc2e4\uc131\uc774 \uc774\uc5b4\uc9c0\uace0 \uae08\ub9ac \ud558\ub77d \uac00\ub2a5\uc131\uc774 \ucee4\uc9c0\uba74\uc11c \uae08 \uac00\uaca9\uc740 \uacac\uc870\ud558\uac8c \uc720\uc9c0\ub3fc \ucd5c\uadfc **\uc628\uc2a4\ub2f9 2,150\ub2ec\ub7ec**\ub97c \uc6c3\ub3cc\uc558\ub2e4. \ud22c\uc790\uc790\ub4e4\uc740 \uc2dc\uc7a5 \uc57d\uc138\uc5d0 \ub300\ud55c \ubc29\uc5b4 \uc218\ub2e8\uc73c\ub85c **\uae08\uad11\uc5c5\uccb4 \uc8fc\uc2dd**\uc758 **\ucf5c\uc635\uc158**\uc744 \uc0b4\ud3b4\ubcfc \uc218 \uc788\ub2e4.\n

\n\n

\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 – VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 \uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694 <\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"

\uace0\uc6a9 \ub454\ud654\uac00 \uae08\ub9ac\u00b7\ud658\uc728\uc744 \ud754\ub4e0\ub2e4: \uce90\ub098\ub2e4 2\uc6d4 \uace0\uc6a9 5\ucc9c\uba85 \uac10\uc18c, \uc2e4\uc5c5\ub960 6.9%\ub85c 2\ub144\ub798 \ucd5c\uace0. BoC 7\uc6d4 25bp \uc778\ud558\ud655\ub960 70%+, USD\/CAD 1.39 \uac00\ub2a5. \uc635\uc158\uc804\ub7b5\uc740 BAX \ucf5c\u00b7CAD\/TSX \ud48b, \uae08\uad11\uc8fc \ucf5c.<\/p>\n","protected":false},"author":87,"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-40244","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\/40244","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\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=40244"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/40244\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=40244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=40244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=40244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}