{"id":41595,"date":"2026-03-18T12:45:45","date_gmt":"2026-03-18T12:45:45","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/2%ec%9b%94-%eb%82%a8%ec%95%84%ed%94%84%eb%a6%ac%ec%b9%b4%ea%b3%b5%ed%99%94%ea%b5%ad%ec%9d%98-%ec%a0%84%eb%85%84-%eb%8f%99%ec%9b%94-%eb%8c%80%eb%b9%84-%ec%86%8c%eb%b9%84%ec%9e%90%eb%ac%bc%ea%b0%80\/"},"modified":"2026-03-18T12:45:45","modified_gmt":"2026-03-18T12:45:45","slug":"2%ec%9b%94-%eb%82%a8%ec%95%84%ed%94%84%eb%a6%ac%ec%b9%b4%ea%b3%b5%ed%99%94%ea%b5%ad%ec%9d%98-%ec%a0%84%eb%85%84-%eb%8f%99%ec%9b%94-%eb%8c%80%eb%b9%84-%ec%86%8c%eb%b9%84%ec%9e%90%eb%ac%bc%ea%b0%80","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/2%ec%9b%94-%eb%82%a8%ec%95%84%ed%94%84%eb%a6%ac%ec%b9%b4%ea%b3%b5%ed%99%94%ea%b5%ad%ec%9d%98-%ec%a0%84%eb%85%84-%eb%8f%99%ec%9b%94-%eb%8c%80%eb%b9%84-%ec%86%8c%eb%b9%84%ec%9e%90%eb%ac%bc%ea%b0%80\/","title":{"rendered":"2\uc6d4 \ub0a8\uc544\ud504\ub9ac\uce74\uacf5\ud654\uad6d\uc758 \uc804\ub144 \ub3d9\uc6d4 \ub300\ube44 \uc18c\ube44\uc790\ubb3c\uac00 \uc0c1\uc2b9\ub960\uc774 3.5%\uc5d0\uc11c 3%\ub85c \ub454\ud654\ub410\ub2e4."},"content":{"rendered":"\ub0a8\uc544\ud504\ub9ac\uce74\uacf5\ud654\uad6d\uc758 \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(CPI, Consumer Price Index: \uac00\uacc4\uac00 \uc790\uc8fc \uc0ac\ub294 \uc0c1\ud488\u00b7\uc11c\ube44\uc2a4\uc758 \uac00\uaca9 \uc218\uc900\uc744 \ubb36\uc5b4 \uce21\uc815\ud55c \uc9c0\ud45c) \ubb3c\uac00\uc0c1\uc2b9\ub960\uc774 2\uc6d4\uc5d0 \uc804\ub144 \ub300\ube44 3%\ub85c \uc644\ud654\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \uc774\uc804 \ubc1c\ud45c\uce58 3.5%\uc5d0\uc11c \ub0b4\ub824\uc628 \uc218\uce58\uc785\ub2c8\ub2e4.\n\n\ub0a8\uc544\ud504\ub9ac\uce74\uacf5\ud654\uad6d\uc758 \uc5f0\uac04 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc774 2\uc6d4\uc5d0 3%\ub85c \ub5a8\uc5b4\uc9c0\uba74\uc11c, \ub0a8\uc544\ud504\ub9ac\uce74\uacf5\ud654\uad6d \uc911\uc559\uc740\ud589(SARB, South African Reserve Bank: \ub0a8\uc544\uacf5\uc758 \uae30\uc900\uae08\ub9ac\ub97c \uacb0\uc815\ud558\ub294 \uae30\uad00)\uc758 \ubaa9\ud45c \ubc94\uc704 \ucd5c\ud558\ub2e8\uc5d0 \uc704\uce58\ud558\uac8c \ub418\uc5c8\uc2b5\ub2c8\ub2e4. \ubb3c\uac00 \uc0c1\uc2b9 \uc555\ub825\uc774 \ub69c\ub837\uc774 \uc57d\ud574\uc9c0\uba74 \ucd94\uac00 \uae08\ub9ac \uc778\uc0c1(\uc774\uc790\uc728\uc744 \uc62c\ub9ac\ub294 \uc870\uce58) \uac00\ub2a5\uc131\uc774 \uc904\uc5b4\ub4ed\ub2c8\ub2e4. \uc774\ub294 \ud5a5\ud6c4 1\ub144 \ub3d9\uc548 \ud1b5\ud654\uc815\ucc45(\uc911\uc559\uc740\ud589\uc758 \uae08\ub9ac\u00b7\uc720\ub3d9\uc131 \uc870\uc808 \uc815\ucc45) \uc804\ub9dd\uc774 \ud06c\uac8c \ubc14\ub00c\uc5c8\uc74c\uc744 \uc2dc\uc0ac\ud569\ub2c8\ub2e4.\n\n

\uc778\ud50c\ub808\uc774\uc158 \ubc0f \uc131\uc7a5 \uc2e0\ud638<\/h3>\n\uc774\ubc88 \ub0ae\uc740 \ubb3c\uac00 \uc218\uce58\ub294 \uacbd\uae30 \ub454\ud654 \uc2e0\ud638\uc640\ub3c4 \ub9de\ubb3c\ub9bd\ub2c8\ub2e4. \uac00\uc7a5 \ucd5c\uadfc\uc758 Absa \uc81c\uc870\uc5c5 PMI(\uad6c\ub9e4\uad00\ub9ac\uc790\uc9c0\uc218: \uae30\uc5c5 \uad6c\ub9e4\u00b7\uc0dd\uc0b0 \ud65c\ub3d9\uc744 \uc124\ubb38\uc73c\ub85c \uce21\uc815\ud574 \uacbd\uae30 \ud750\ub984\uc744 \ubcf4\uc5ec\uc8fc\ub294 \uc9c0\ud45c)\uc5d0\uc11c 2026\ub144 2\uc6d4 \uc218\uce58\uac00 48.8\ub85c \ub5a8\uc5b4\uc838 \uc704\ucd95(\uae30\uc900\uc120 50 \uc544\ub798\ub294 \uc804\uc6d4 \ub300\ube44 \ud65c\ub3d9 \uac10\uc18c\ub97c \uc758\ubbf8) \uad6c\uac04\uc5d0 \ub4e4\uc5b4\uac14\uace0, 1\uc6d4 \uc18c\ub9e4\ud310\ub9e4 \uc99d\uac00\uc728\ub3c4 \ub9e4\uc6b0 \uc57d\ud588\uc2b5\ub2c8\ub2e4. \ubb3c\uac00 \ub454\ud654(\ubb3c\uac00 \uc0c1\uc2b9\ub960\uc774 \ub0b4\ub824\uac00\ub294 \ud750\ub984)\uc640 \ubd80\uc9c4\ud55c \uacbd\uae30 \ud65c\ub3d9\uc774 \ud568\uaed8 \ub098\ud0c0\ub098\uba74, \ud5a5\ud6c4 \uae08\ub9ac \uc778\ud558(\uc774\uc790\uc728\uc744 \ub0b4\ub9ac\ub294 \uc870\uce58) \uac00\ub2a5\uc131\uc774 \ucee4\uc9d1\ub2c8\ub2e4.\n\n\uc774\ub7f0 \uc804\ub9dd\uc744 \uace0\ub824\ud558\uba74, \uc6b0\ub9ac\ub294 \u2018\uae08\ub9ac \ud558\ub77d\u2019\uc5d0 \ub9de\ucd98 \ud3ec\uc9c0\uc154\ub2dd(\ud22c\uc790\u00b7\uac70\ub798\uc5d0\uc11c \uc720\ub9ac\ud558\ub2e4\uace0 \ud310\ub2e8\ud55c \ubc29\ud5a5\uc73c\ub85c \ubbf8\ub9ac \uad6c\ub3c4\ub97c \uc9dc\ub294 \uac83)\uc774 \ud575\uc2ec \uc804\ub7b5\uc774\ub77c\uace0 \ubd05\ub2c8\ub2e4. \ud2b8\ub808\uc774\ub354\ub294 \uae08\ub9ac \uc2a4\uc651(\uc774\uc790 \uc9c0\uae09 \ubc29\uc2dd\uc744 \uc11c\ub85c \ubc14\uafb8\ub294 \uacc4\uc57d)\uc5d0\uc11c \uace0\uc815\uae08\ub9ac \uc218\ucde8(receiving fixed: \uace0\uc815\uae08\ub9ac\ub97c \ubc1b\ub294 \ucabd\uc5d0 \uc11c\ub294 \ud3ec\uc9c0\uc158)\ub97c \uace0\ub824\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uacc4\uc57d \uae30\uac04 \ub3d9\uc548 \ubcc0\ub3d9\uae08\ub9ac(\uc2dc\uc7a5 \uae08\ub9ac\uc5d0 \ub530\ub77c \ubc14\ub00c\ub294 \uae08\ub9ac)\uac00 \ub0b4\ub824\uac08 \uac83\uc5d0 \ubca0\ud305\ud558\ub294 \ubc29\uc2dd\uc785\ub2c8\ub2e4. \ub610\ud55c FRA(Forward Rate Agreement, \uc120\ub3c4\uae08\ub9ac\uacc4\uc57d: \ubbf8\ub798\uc758 \ud2b9\uc815 \uae30\uac04\uc5d0 \uc801\uc6a9\ub420 \uae08\ub9ac\ub97c \ud604\uc7ac \ubbf8\ub9ac \uace0\uc815\ud558\ub294 \uacc4\uc57d)\ub85c \ud5a5\ud6c4 \uae30\uac04\uc758 JIBAR(\uc694\ud558\ub124\uc2a4\ubc84\uadf8 \uc740\ud589\uac04 \uae30\uc900\uae08\ub9ac: \ub0a8\uc544\uacf5 \ub2e8\uae30 \ubcc0\ub3d9\uae08\ub9ac\uc758 \ub300\ud45c \uae30\uc900)\uc744 \ub354 \ub0ae\uc740 \uc218\uc900\uc73c\ub85c \uace0\uc815\ud558\ub294 \uac83\ub3c4 \ud604\uc7ac\ub294 \ub9e4\ub825\uc801\uc73c\ub85c \ubcf4\uc785\ub2c8\ub2e4.\n\n\uc774\ucc98\ub7fc \ud1b5\ud654\uc815\ucc45 \uc644\ud654(\uae08\ub9ac\ub97c \ub0b4\ub9ac\uac70\ub098 \uae08\uc735 \uc5ec\uac74\uc744 \ub290\uc2a8\ud558\uac8c \ub9cc\ub4dc\ub294 \uc815\ucc45) \uac00\ub2a5\uc131\uc774 \ucee4\uc9c0\uba74 \ub79c\ub4dc\ud654(ZAR, \ub0a8\uc544\uacf5 \ud1b5\ud654)\ub294 \uc57d\uc138 \uc555\ub825\uc744 \ubc1b\uc744 \uc218 \uc788\uc2b5\ub2c8\ub2e4. 2025\ub144 SARB\uc758 \uacf5\uaca9\uc801\uc778 \uae08\ub9ac \uc778\uc0c1 \uc0ac\uc774\ud074(\uc5f0\uc18d\uc801\uc778 \uae08\ub9ac \uc778\uc0c1 \ud750\ub984)\uc774 ZAR\uc5d0 \uc911\uc694\ud55c \uc9c0\uc9c0(\uc57d\uc138\ub97c \ub9c9\uc544\uc8fc\ub294 \ud798)\ub97c \uc81c\uacf5\ud588\ub358 \uc810\uc744 \uac10\uc548\ud558\uba74, \uc815\ucc45\uc774 \ubc18\ub300\ub85c \ub3cc\uc544\uc124 \uacbd\uc6b0 \ud1b5\ud654 \uac00\uce58\ub294 \uc57d\ud574\uc9c8 \uc218 \uc788\uc2b5\ub2c8\ub2e4. USD\/ZAR \ucf5c\uc635\uc158(\ud2b9\uc815 \uc2dc\uc810\/\uae30\uac04\uc5d0 \uc815\ud574\uc9c4 \uac00\uaca9\uc73c\ub85c \ub2ec\ub7ec\ub97c \uc0ac\uac70\ub098 \ub2ec\ub7ec\/\ub79c\ub4dc \ud658\uc728 \uc0c1\uc2b9\uc5d0 \ubca0\ud305\ud560 \uc218 \uc788\ub294 \uad8c\ub9ac)\uc744 \ub9e4\uc218\ud558\ub294 \ubc29\ubc95\uc740 \uc190\uc2e4 \ubc94\uc704\uac00 \uc81c\ud55c\ub41c(defined-risk: \ubbf8\ub9ac \ub0b8 \ud504\ub9ac\ubbf8\uc5c4 \uc774\uc0c1 \uc190\uc2e4\uc774 \uc81c\ud55c\ub418\ub294) \ubc29\uc2dd\uc73c\ub85c \ub79c\ub4dc\ud654 \uac00\uce58 \ud558\ub77d(\ud658\uc728 \uc0c1\uc2b9)\uc5d0 \ub300\ube44\ud558\ub294 \uc804\ub7b5\uc785\ub2c8\ub2e4.\n\n\uac00\uc7a5 \ubd84\uba85\ud55c \uae30\ud68c\ub294 \uad6d\ucc44 \uc2dc\uc7a5(\uc815\ubd80\uac00 \ubc1c\ud589\ud55c \ucc44\uad8c \uc2dc\uc7a5)\uc77c \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uad6d\ucc44\uae08\ub9ac(\uc218\uc775\ub960, yield: \ucc44\uad8c\uc744 \ubcf4\uc720\ud560 \ub54c \uae30\ub300\ub418\ub294 \uc218\uc775\ub960)\ub294 \uae08\ub9ac \uc804\ub9dd\uc5d0 \uc9c1\uc811 \ubc18\uc751\ud558\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4. \uc774\ubc88 \ubb3c\uac00 \ub274\uc2a4 \uc774\ud6c4 10\ub144 \ub9cc\uae30 \uad6d\ucc44 \uc218\uc775\ub960\uc740 15bp(\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8: 0.01%p) \ud558\ub77d\ud574 9.25%\uac00 \ub418\uc5c8\uc2b5\ub2c8\ub2e4. \uc6b0\ub9ac\ub294 \ucc44\uad8c \uc120\ubb3c(bond futures: \ubbf8\ub798 \uc2dc\uc810\uc5d0 \uc815\ud574\uc9c4 \uac00\uaca9\uc73c\ub85c \ucc44\uad8c\uc744 \uc0ac\uace0\ud30c\ub294 \uacc4\uc57d)\uc744 \ub9e4\uc218\ud574(\ub871 \ud3ec\uc9c0\uc158) \uc218\uc775\ub960\uc774 \ub354 \ub0b4\ub824\uac00\uba74\uc11c \ucc44\uad8c \uac00\uaca9\uc774 \uc624\ub97c \ub54c(\ucc44\uad8c \uac00\uaca9\uacfc \uc218\uc775\ub960\uc740 \ubc18\ub300\ub85c \uc6c0\uc9c1\uc774\ub294 \uacbd\ud5a5) \uc774\uc775\uc744 \ub178\ub9ac\ub294 \uc804\ub7b5\uc774 \ub2e8\uc21c\ud558\ub2e4\uace0 \ubd05\ub2c8\ub2e4.\n\n

\uc8fc\uc2dd\uc2dc\uc7a5 \ubcc0\ub3d9\uc131 \uc804\ub9dd<\/h3>\n\uc8fc\uc2dd\uc2dc\uc7a5\uc740 \ubc29\ud5a5\uc774 \ub69c\ub837\ud558\uc9c0 \uc54a\uc544, \uc635\uc158 \ud2b8\ub808\uc774\ub354\uc5d0\uac8c \uae30\ud68c\uac00 \ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uae08\ub9ac \ud558\ub77d\uc740 \uae30\uc5c5\uac00\uce58 \ud3c9\uac00(\ubc38\ub958\uc5d0\uc774\uc158: \ubbf8\ub798 \uc774\uc775\uc744 \ud604\uc7ac \uac00\uce58\ub85c \ud658\uc0b0\ud574 \uae30\uc5c5 \uac00\uce58\ub97c \ub9e4\uae30\ub294 \uac83)\ub97c \ub04c\uc5b4\uc62c\ub9b4 \uc218 \uc788\uc9c0\ub9cc, \uacbd\uae30 \uc57d\uc138\ub294 \uae30\uc5c5 \uc774\uc775(\uc2e4\uc801)\uc744 \uc555\ubc15\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub7f0 \ubd88\ud655\uc2e4\uc131\uc740 \ubcc0\ub3d9\uc131 \ud655\ub300(\uac00\uaca9\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\ub294 \uc0c1\ud669)\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5\uc774 \uc720\ud6a8\ud560 \uc218 \uc788\uc74c\uc744 \ub73b\ud558\uba70, FTSE\/JSE Top 40 \uc9c0\uc218(\ub0a8\uc544\uacf5 \uc8fc\uc694 \ub300\ud615\uc8fc \uc9c0\uc218)\uc5d0 \ub300\ud55c \uc2a4\ud2b8\ub798\ub4e4(straddle: \uac19\uc740 \ub9cc\uae30\u00b7\uac19\uc740 \ud589\uc0ac\uac00\uc758 \ucf5c\uc635\uc158\uacfc \ud48b\uc635\uc158\uc744 \ub3d9\uc2dc\uc5d0 \uc0ac\uc11c \ud070 \ubcc0\ub3d9\uc744 \uae30\ub300\ud558\ub294 \uc804\ub7b5)\uc774 \ub300\uc548\uc774 \ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\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":"

\ub0a8\uc544\uacf5 \uc778\ud50c\ub808 3%\ub85c \ub69d! \uae08\ub9ac \uc778\uc0c1 \uc885\ub8cc \uc2e0\ud638? \uacbd\uae30 \ub454\ud654\uc640 PMI\u00b7\uc18c\ub9e4 \ubd80\uc9c4 \uc18d \uc778\ud558 \uae30\ub300 \ud655\ub300. \uc2a4\uc651\u00b7FRA\u00b7\uad6d\ucc44 \ub9e4\uc218, \ub79c\ub4dc \uc57d\uc138\u00b7\uc8fc\uc2dd \ubcc0\ub3d9\uc131 \uc804\ub7b5\uc774 \ubd80\uc0c1. – vtmarkets.com<\/p>\n","protected":false},"author":103,"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-41595","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\/41595","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\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=41595"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/41595\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=41595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=41595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=41595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}