{"id":41415,"date":"2026-03-17T15:41:56","date_gmt":"2026-03-17T15:41:56","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%8f%85%ec%9d%bc-zew-%ea%b2%bd%ea%b8%b0%ed%98%84%ed%99%a9%ec%a7%80%ec%88%98-3%ec%9b%94-62-9-%ea%b8%b0%eb%a1%9d%ec%8b%9c%ec%9e%a5-%ec%98%88%ec%83%81%ec%b9%98-67-1-%ec%83%81%ed%9a%8c\/"},"modified":"2026-03-17T15:41:56","modified_gmt":"2026-03-17T15:41:56","slug":"%eb%8f%85%ec%9d%bc-zew-%ea%b2%bd%ea%b8%b0%ed%98%84%ed%99%a9%ec%a7%80%ec%88%98-3%ec%9b%94-62-9-%ea%b8%b0%eb%a1%9d%ec%8b%9c%ec%9e%a5-%ec%98%88%ec%83%81%ec%b9%98-67-1-%ec%83%81%ed%9a%8c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%8f%85%ec%9d%bc-zew-%ea%b2%bd%ea%b8%b0%ed%98%84%ed%99%a9%ec%a7%80%ec%88%98-3%ec%9b%94-62-9-%ea%b8%b0%eb%a1%9d%ec%8b%9c%ec%9e%a5-%ec%98%88%ec%83%81%ec%b9%98-67-1-%ec%83%81%ed%9a%8c\/","title":{"rendered":"\ub3c5\uc77c ZEW \uacbd\uae30\ud604\ud669\uc9c0\uc218, 3\uc6d4 -62.9 \uae30\ub85d\u2026\uc2dc\uc7a5 \uc608\uc0c1\uce58(-67.1) \uc0c1\ud68c"},"content":{"rendered":"\ub3c5\uc77c ZEW \uc124\ubb38\uc870\uc0ac\uc5d0\uc11c 3\uc6d4 **\ud604\uc7ac \uacbd\uae30\uc9c0\uc218**\ub294 **-62.9**\ub85c \uc9d1\uacc4\ub410\ub2e4. \uc2dc\uc7a5 \uc608\uc0c1\uce58(-67.1)\ubcf4\ub2e4 \uc591\ud638\ud588\ub2e4.\n\n\uc774\ubc88 \uacb0\uacfc\ub294 **\ud604\uc7ac \uacbd\uc81c \uc5ec\uac74\uc5d0 \ub300\ud55c \ud3c9\uac00\uac00 \uc5ec\uc804\ud788 \ubd80\uc9c4**\ud568\uc744 \ub73b\ud55c\ub2e4. \ub2e4\ub9cc \uc608\uc0c1\ubcf4\ub2e4 \ub35c \ubd80\uc815\uc801\uc774\uc5c8\ub2e4.\n\n<h3>\uc2dc\uc7a5 \ud574\uc11d \ubc0f \uc790\uc0b0 \uc601\ud5a5<\/h3>\n\uc624\ub298 \ubc1c\ud45c\ub41c \ub3c5\uc77c ZEW \uc124\ubb38\uc744 \ubcf4\uba74, \ud604\uc7ac \uacbd\uae30\uac00 \uc6b0\ub9ac\uac00 \uc6b0\ub824\ud588\ub358 \uac83\ub9cc\ud07c \ub098\uc058\uc9c0\ub294 \uc54a\uc740 \uac83\uc73c\ub85c \ub098\ud0c0\ub0ac\ub2e4. \uc218\uce58(-62.9) \uc790\uccb4\ub294 **\ud070 \ud3ed\uc758 \ub9c8\uc774\ub108\uc2a4**\ub85c \uacbd\uae30 \uccb4\uac10\uc774 \uc57d\ud558\ub2e4\ub294 \uc758\ubbf8\uc9c0\ub9cc, \uc804\ub9dd\uce58\ub97c \uc6c3\ub3cc\uba74\uc11c \uc720\ub7fd \ucd5c\ub300 \uacbd\uc81c\uc778 \ub3c5\uc77c\uc5d0 \ub300\ud55c **\uadf9\ub2e8\uc801 \ube44\uad00\ub860\uc774 \ub2e4\uc18c \uc644\ud654**\ub418\uace0 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \ud2b8\ub808\uc774\ub354 \uad00\uc810\uc5d0\uc11c\ub294 \u2018\uc88b\uc740 \uc9c0\ud45c\u2019\uac00 \uc544\ub2c8\ub354\ub77c\ub3c4 \u2018\ub35c \ub098\uc05c \uc9c0\ud45c\u2019\ub9cc\uc73c\ub85c\ub3c4 \ub3c5\uc77c \uc790\uc0b0 \uac00\uaca9\uc774 \ub354 \ub5a8\uc5b4\uc9c0\uc9c0 \uc54a\ub3c4\ub85d **\ud558\ubc29\uc744 \ubc1b\uce58\ub294 \uc694\uc778**\uc774 \ub420 \uc218 \uc788\ub2e4.\n\n\uc774\ub7f0 \uc2ec\ub9ac \uac1c\uc120\uc740 \ub3c5\uc77c\uc774 \uc5b4\ub824\uc6b4 \uc2dc\uae30\ub97c \ubcf4\ub0b8 \ub4a4 \ub098\uc654\ub2e4. \ub3c5\uc77c\uc740 2025\ub144 \ub9c8\uc9c0\ub9c9 \ub450 \ubd84\uae30 \ub3d9\uc548 GDP\uac00 0.5% \uc904\uc5c8\ub2e4. **GDP(\uad6d\ub0b4\ucd1d\uc0dd\uc0b0)**\ub294 \ud55c \ub098\ub77c\uc5d0\uc11c \uc77c\uc815 \uae30\uac04 \uc0dd\uc0b0\ub41c \uc7ac\ud654\u00b7\uc11c\ube44\uc2a4\uc758 \ucd1d\uc561\uc73c\ub85c, \uac10\uc18c\ub294 \uacbd\uae30 \uc704\ucd95\uc744 \ub73b\ud55c\ub2e4. \uc774\ub7f0 \uc57d\ud55c \ud750\ub984 \uc18d\uc5d0\uc11c **\uc548\uc815 \uc2e0\ud638**\ub294 \uc2dc\uc7a5\uc5d0 \uc758\ubbf8\uac00 \ud06c\ub2e4. \uc774\ubc88 ZEW \uc218\uce58\ub294 \uc9c0\ub09c 1\ub144\uac04\uc758 **\uc81c\uc870\uc5c5 \ubd80\uc9c4\uacfc \uc5d0\ub108\uc9c0 \ube44\uc6a9 \ucda9\uaca9**\uc774 \uc2dc\uc7a5 \uac00\uaca9\uc5d0 \uc0c1\ub2f9 \ubd80\ubd84 \ubc18\uc601\ub418\uae30 \uc2dc\uc791\ud588\ub2e4\ub294 \ucd08\uae30 \u0938\u0902\u0915\u0947\u0924\uc77c \uc218 \uc788\ub2e4. *(\u2018\uac00\uaca9\uc5d0 \ubc18\uc601\u2019\uc740 \uc545\uc7ac\ub97c \uc608\uc0c1\ud574 \uc774\ubbf8 \uc790\uc0b0 \uac00\uaca9\uc774 \ub0b4\ub824\uac00 \uc788\uac70\ub098 \uc704\ud5d8 \ud504\ub9ac\ubbf8\uc5c4\uc774 \ucee4\uc9c4 \uc0c1\ud0dc\ub97c \ub9d0\ud55c\ub2e4.)*\n\n\uc55e\uc73c\ub85c \uba87 \uc8fc\ub294 \ub3c5\uc77c **DAX \uc9c0\uc218**\uc758 \ubcc0\ub3d9\uc131\uc774 \uc904\uc5b4\ub4e4 \uac00\ub2a5\uc131\ub3c4 \uc5fc\ub450\uc5d0 \ub458 \ub9cc\ud558\ub2e4. DAX\ub294 \ub3c5\uc77c \ub300\ud45c \ub300\ud615\uc8fc \uc8fc\uac00\uc9c0\uc218\ub2e4. \uacf5\ud3ec\uac00 \uc7a6\uc544\ub4e4\uba74, DAX\uc5d0\uc11c **\ud589\uc0ac\uac00\uac00 \ub0ae\uc740 \ud48b\uc635\uc158\uc744 \ub9e4\ub3c4**\ud574 **\ud504\ub9ac\ubbf8\uc5c4(\uc635\uc158 \uac00\uaca9)**\uc744 \ubc1b\ub294 \uc804\ub7b5\ub3c4 \uace0\ub824\ub420 \uc218 \uc788\ub2e4. *(\ud48b\uc635\uc158\uc740 \uc77c\uc815 \uac00\uaca9\uc5d0 \ud314 \uad8c\ub9ac, \ucf5c\uc635\uc158\uc740 \uc77c\uc815 \uac00\uaca9\uc5d0 \uc0b4 \uad8c\ub9ac\ub2e4. \u2018\uc678\uac00\uaca9(out-of-the-money)\u2019\uc740 \ub2f9\uc7a5 \ud589\uc0ac\ud574 \uc774\uc775\uc774 \ub098\uc9c0 \uc54a\ub294 \uc635\uc158\uc744 \ub73b\ud55c\ub2e4.)* \uc774\ubc88 \uc9c0\ud45c\uac00 \ub2e8\uae30\uc801\uc73c\ub85c \uc9c0\uc218\uc5d0 \uc9c0\uc9c0\ub825\uc744 \uc904 \uc218 \uc788\uae30 \ub54c\ubb38\uc774\ub2e4. \uc9c0\uc218\uc758 **\ub0b4\uc7ac\ubcc0\ub3d9\uc131(\uc2dc\uc7a5 \ucc38\uc5ec\uc790\ub4e4\uc774 \uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ud55c \ud5a5\ud6c4 \ubcc0\ub3d9\uc131 \uae30\ub300\uce58)**\uc740 \uc5f0\ucd08 22%\ub97c \ub118\ub358 \uace0\uc810\uc5d0\uc11c **18.5%**\ub85c \ub0b4\ub824\uc654\ub2e4.\n\n\uc774\ubc88 \ub370\uc774\ud130\ub294 **\uc720\ub85c\ud654**\uc5d0\ub3c4 \uc601\ud5a5\uc744 \uc900\ub2e4. \ub3c5\uc77c \uacbd\uae30\uac00 \ubc14\ub2e5\uc744 \ub2e4\uc9c0\ub294 \ud750\ub984\uc774\uba74 \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\uc774 **\uae09\uaca9\ud55c \uae08\ub9ac \uc778\ud558**\uc5d0 \ub098\uc124 \uc555\ub825\uc774 \uc904\uc5b4\ub4e0\ub2e4. \uc2dc\uc7a5\uc740 ECB \uc778\ud558 \uc804\ub9dd\uc744 \uc77c\ubd80 \ub418\ub3cc\ub838\uace0, **\uae08\ub9ac \uc2a4\uc651(\uc55e\uc73c\ub85c\uc758 \uc815\ucc45\uae08\ub9ac \uc218\uc900\uc744 \ubc18\uc601\ud558\ub294 \ud30c\uc0dd\uc0c1\ud488)**\uc5d0\uc11c 2026\ub144 \uc644\ud654 \ud3ed\uc740 **50bp(\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8, 0.01%\ud3ec\uc778\ud2b8)**\ub85c \uac00\uaca9\uc5d0 \ubc18\uc601\ub418\uace0 \uc788\ub2e4. \uc774\ub294 \uc5f0\ucd08 75bp\uc5d0\uc11c \ub0ae\uc544\uc9c4 \uc218\uc900\uc774\ub2e4. \uc774\uc5d0 \ub530\ub77c \uae0d\uc815\uc801 \uacbd\uae30 \uc11c\ud504\ub77c\uc774\uc988\uac00 \uc774\uc5b4\uc9c8 \uacbd\uc6b0 \uc720\ub85c \uac15\uc138\uc5d0 \ub300\ube44\ud574 **EUR\/USD \ucf5c\uc635\uc158 \ub9e4\uc218**\ub85c \ud3ec\uc9c0\uc158\uc744 \uc7a1\ub294 \ubc29\ubc95\ub3c4 \uac70\ub860\ub420 \uc218 \uc788\ub2e4. *(EUR\/USD\ub294 \uc720\ub85c\/\ub2ec\ub7ec \ud658\uc728\uc774\ub2e4.)*\n\n<h3>\uacfc\uac70 \uc0ac\ub840\uc640 \uccb4\ud06c \ud3ec\uc778\ud2b8<\/h3>\n2022\ub144 \ub9d0\uc5d0\ub3c4 \ube44\uc2b7\ud55c \ud750\ub984\uc774 \uc788\uc5c8\ub2e4. \uc2ec\ub9ac\uc9c0\ud45c\uac00 \uba3c\uc800 \uac1c\uc120\ub41c \ub4a4, 2023\ub144\uc5d0 \uc2e4\uc81c \uacbd\uc81c\uc9c0\ud45c\uac00 \ud68c\ubcf5\uc744 \ud655\uc778\ud574\uc92c\ub2e4. \ub2e8\uc77c \uc9c0\ud45c\ub9cc\uc73c\ub85c \ucd94\uc138\ub97c \ub2e8\uc815\ud560 \uc218\ub294 \uc5c6\uc9c0\ub9cc, \ubcc0\ud654\uc758 \uc2e0\ud638\ub85c\ub294 \ud574\uc11d\ud560 \uc218 \uc788\uc73c\uba70 \uc720\ub7fd \uc8fc\uc2dd\uacfc \uc720\ub85c\ud654\uc5d0 **\ub9e4\uc218(\ub871) \ud3ec\uc9c0\uc158**\uc774 \uc720\ub9ac\ud574\uc9c8 \uc5ec\uc9c0\ub3c4 \uc788\ub2e4. \uc55e\uc73c\ub85c\ub294 **\ubb3c\uac00 \uc9c0\ud45c**\uc640 **\uc81c\uc870\uc5c5 PMI**\uac00 \uc774\ub7f0 \uc870\uc2ec\uc2a4\ub7ec\uc6b4 \ub099\uad00\uc744 \ub4b7\ubc1b\uce68\ud558\ub294\uc9c0 \ud655\uc778\ud558\ub294 \uac83\uc774 \ud575\uc2ec\uc774\ub2e4. *(PMI(\uad6c\ub9e4\uad00\ub9ac\uc790\uc9c0\uc218)\ub294 \uae30\uc5c5 \uad6c\ub9e4 \ub2f4\ub2f9\uc790 \uc124\ubb38\uc744 \ubc14\ud0d5\uc73c\ub85c \uacbd\uae30 \ud655\uc7a5\u00b7\uc704\ucd95\uc744 \uac00\ub2a0\ud558\ub294 \uc9c0\ud45c\ub2e4.)*\n<p>\n\n<p><strong>\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 &#8211; VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 <a href=\"https:\/\/www.vtmarkets.com\/kr\/trade-now\/\">\uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694 <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\ub3c5\uc77c ZEW \ud604\uc7ac\uc9c0\uc218 -62.9\u2026\u2018\ucd5c\uc545\uc740 \ud53c\ud588\ub2e4\u2019? \uc608\uc0c1\uce58 \uc0c1\ud68c\ub85c \ube44\uad00\ub860 \uc644\ud654, DAX \ud558\ubc29 \uc9c0\uc9c0\u00b7\ubcc0\ub3d9\uc131 \ub454\ud654 \uae30\ub300. ECB \uae09\uc778\ud558 \uc555\ub825 \uc904\uba70 \uc720\ub85c \uac15\uc138 \uc2dc\ub098\ub9ac\uc624 \ubd80\uc0c1.<\/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-41415","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\/41415","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=41415"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/41415\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=41415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=41415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=41415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}