{"id":41832,"date":"2026-03-19T16:45:56","date_gmt":"2026-03-19T16:45:56","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/ecb%eb%8a%94-%ec%8b%9c%ec%9e%a5-%ec%98%88%ec%83%81%ea%b3%bc-%ec%9d%bc%ec%b9%98%ed%95%98%ea%b2%8c-%ec%9c%a0%eb%a1%9c%ec%a1%b4-%ec%98%88%ea%b8%88%ea%b8%88%eb%a6%ac%eb%a5%bc-2%eb%a1%9c-%ec%9c%a0%ec%a7%80\/"},"modified":"2026-03-19T16:45:56","modified_gmt":"2026-03-19T16:45:56","slug":"ecb%eb%8a%94-%ec%8b%9c%ec%9e%a5-%ec%98%88%ec%83%81%ea%b3%bc-%ec%9d%bc%ec%b9%98%ed%95%98%ea%b2%8c-%ec%9c%a0%eb%a1%9c%ec%a1%b4-%ec%98%88%ea%b8%88%ea%b8%88%eb%a6%ac%eb%a5%bc-2%eb%a1%9c-%ec%9c%a0%ec%a7%80","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/ecb%eb%8a%94-%ec%8b%9c%ec%9e%a5-%ec%98%88%ec%83%81%ea%b3%bc-%ec%9d%bc%ec%b9%98%ed%95%98%ea%b2%8c-%ec%9c%a0%eb%a1%9c%ec%a1%b4-%ec%98%88%ea%b8%88%ea%b8%88%eb%a6%ac%eb%a5%bc-2%eb%a1%9c-%ec%9c%a0%ec%a7%80\/","title":{"rendered":"ECB\ub294 \uc2dc\uc7a5 \uc608\uc0c1\uacfc \uc77c\uce58\ud558\uac8c \uc720\ub85c\uc874 \uc608\uae08\uae08\ub9ac\ub97c 2%\ub85c \uc720\uc9c0\ud588\ub2e4"},"content":{"rendered":"\uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\uc740 \uc720\ub85c\uc874\uc758 **\uc608\uae08\uae08\ub9ac(Deposit Facility Rate)**\ub97c 2%\ub85c \uc720\uc9c0\ud588\uc73c\uba70, \uc2dc\uc7a5 \uc608\uc0c1\uacfc \uac19\uc558\uc2b5\ub2c8\ub2e4. **\uc608\uae08\uae08\ub9ac**\ub294 \uc740\ud589\uc774 ECB\uc5d0 **\ud558\ub8fb\ubc24(\uc775\uc77c\ubb3c)** \ub3c8\uc744 \ub9e1\uae38 \ub54c \ubc1b\ub294 \uc774\uc790\uc728(\ud558\ub8e8\uc9dc\ub9ac \uc608\uce58 \uc774\uc790)\uc785\ub2c8\ub2e4.\n\nECB\uac00 \uc608\uc0c1\ub300\ub85c \uc608\uae08\uae08\ub9ac\ub97c 2.0%\ub85c \uc720\uc9c0\ud558\uba74\uc11c, \uc2dc\uc7a5\uc5d0 \ub2f9\uc7a5 \ud070 \ucda9\uaca9\uc740 \uc5c6\uc744 \uac00\ub2a5\uc131\uc774 \ud07d\ub2c8\ub2e4. \uc608\uc0c1\uc5d0\uc11c \ubc97\uc5b4\ub09c \ub0b4\uc6a9\uc774 \uc5c6\uc73c\uba74(\uc11c\ud504\ub77c\uc774\uc988\uac00 \uc5c6\uc73c\uba74) \ubcf4\ud1b5 \ubcc0\ub3d9\uc131\uc774 \ub0ae\uc544\uc9d1\ub2c8\ub2e4. \uc2e4\uc81c\ub85c **\ub0b4\uc7ac \ubcc0\ub3d9\uc131(Implied Volatility)**\uc774 \ub0b4\ub824\uac00\uace0 \uc788\ub294\ub370, \uc774\ub294 \uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \u201c\uc55e\uc73c\ub85c \uac00\uaca9\uc774 \uc5bc\ub9c8\ub098 \ud754\ub4e4\ub9b4\uc9c0\u201d\uc5d0 \ub300\ud55c \uc2dc\uc7a5\uc758 \uc608\uc0c1\uce58\uc785\ub2c8\ub2e4. \uc720\ub85c \uc2a4\ud1a1\uc2a4 50(\uc720\ub85c\uc874 \ub300\ud45c \uc8fc\uac00\uc9c0\uc218)\uc758 \ubcc0\ub3d9\uc131\uc744 \ubcf4\uc5ec\uc8fc\ub294 **VSTOXX \uc9c0\uc218**\ub3c4 \ucd5c\uadfc 14 \uadfc\ucc98\uc758 \ub0ae\uc740 \uc218\uc900\uc5d0\uc11c \uac70\ub798\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ub2e8\uae30\uc801\uc73c\ub85c\ub294 \uc8fc\uac00\uc9c0\uc218\uc5d0\uc11c \ud070 \uae09\ubcc0\uc774 \ub098\uc62c \uac00\ub2a5\uc131\uc774 \ub0ae\uc544, **\uc635\uc158 \ud504\ub9ac\ubbf8\uc5c4(\uc635\uc158 \uac12)**\uc744 \ubc1b\ub294 \ubc29\uc2dd(\uc635\uc158\uc744 \ud314\uc544 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ubc1b\ub294 \ubc29\uc2dd)\uc774 \uc0c1\ub300\uc801\uc73c\ub85c \uc720\ub9ac\ud574\uc9c8 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n<h3>\uc815\ucc45 \ub3d9\uacb0\uacfc \uc2dc\uc7a5 \uc601\ud5a5<\/h3>\n\uc774\ubc88 \ub3d9\uacb0\uc740 \uc911\uc559\uc740\ud589\uc774 \uc5b4\ub824\uc6b4 \uade0\ud615\uc744 \uc7a1\uace0 \uc788\ub2e4\ub294 \ub73b\uc785\ub2c8\ub2e4. \ucd5c\uadfc \uc720\ub85c\uc2a4\ud0c0\ud2b8 \uc790\ub8cc\uc5d0 \ub530\ub974\uba74 **\uadfc\uc6d0\ubb3c\uac00(Core Inflation)**\ub294 2.4%\ub85c \uc27d\uac8c \ub0b4\ub824\uc624\uc9c0 \uc54a\uace0 \uc788\ub294\ub370, \uadfc\uc6d0\ubb3c\uac00\ub294 \uc5d0\ub108\uc9c0\u00b7\uc2dd\ub8cc\ud488\ucc98\ub7fc \uac00\uaca9 \ubcc0\ub3d9\uc774 \ud070 \ud488\ubaa9\uc744 \ube7c\uace0 \uacc4\uc0b0\ud55c \ubb3c\uac00\ub85c \u201c\ubb3c\uac00\uc758 \uae30\ubcf8 \ud750\ub984\u201d\uc744 \ubcf4\uc5ec\uc90d\ub2c8\ub2e4. \ubc18\uba74 2025\ub144 4\ubd84\uae30(\ub9c8\uc9c0\ub9c9 \ubd84\uae30) \uacbd\uc81c\uc131\uc7a5\ub960\uc740 0.5%\ub85c \ub0ae\uc558\uc2b5\ub2c8\ub2e4. \uc774\ub7f0 \uc0c1\ud669\uc5d0\uc11c\ub294 \uacbd\uae30\ub97c \uc0b4\ub9ac\ub824\uace0 \uae08\ub9ac\ub97c \ub0b4\ub9ac\uae30\ub3c4 \uc5b4\ub835\uace0, \ub0a8\uc544 \uc788\ub294 \ubb3c\uac00\ub97c \uc7a1\uc73c\ub824\uace0 \uae08\ub9ac\ub97c \uc62c\ub9ac\uae30\ub3c4 \uc5b4\ub835\uc2b5\ub2c8\ub2e4.\n\n\ub3cc\uc544\ubcf4\uba74 2024\ub144\uc5d0\ub294 \ud32c\ub370\ubbf9 \uc774\ud6c4 \uae09\ub4f1\ud55c \ubb3c\uac00\ub97c \ub204\ub974\uae30 \uc704\ud574 \uae08\ub9ac\ub97c \ube60\ub974\uac8c \uc62c\ub9ac\ub294 \ud750\ub984\uc774 \uc774\uc5b4\uc84c\uace0, 2025\ub144\uc5d0\ub294 \uae08\ub9ac\ub97c \uc5ec\ub7ec \ucc28\ub840 \ub0b4\ub9ac\uba70 \uc9c0\uae08\uc758 \uc218\uc900\uc5d0 \ub3c4\ub2ec\ud588\uc2b5\ub2c8\ub2e4.\n\n\ud22c\uc790\uc790 \uc785\uc7a5\uc5d0\uc11c\ub294 \ub2e4\uc74c \ud68c\uc758\uc5d0\uc11c \uae08\ub9ac\uac00 \uc624\ub97c\uc9c0 \ub0b4\ub9b4\uc9c0\uc758 \u201c\ubc29\ud5a5\u201d\uc744 \ub9de\ud788\uae30\ubcf4\ub2e4, \ub2e4\uc74c \ubcc0\ud654\uac00 \u201c\uc5b8\uc81c\u201d \ub098\uc62c\uc9c0\ub97c \uc2dc\uc7a5\uc774 \uc5b4\ub5bb\uac8c \ubc18\uc601\ud558\ub294\uc9c0 \ubcf4\ub294 \ucabd\uc73c\ub85c \ucd08\uc810\uc774 \ubc14\ub01d\ub2c8\ub2e4. 2026\ub144 \ub9d0 \ub9cc\uae30 \ucabd **\uae08\ub9ac \uc120\ubb3c(Interest Rate Futures)** \uac00\uaca9\uc740 \uc5ec\uc804\ud788 \uae08\ub9ac\uac00 \uc57d\uac04 \ub0b4\ub824\uac00\ub294 \ucabd\uc744 \ubc18\uc601\ud558\uace0 \uc788\uc5b4, \uc2dc\uc7a5\uc740 \ub2e4\uc74c \uc6c0\uc9c1\uc784\uc774 \uc778\uc0c1\ubcf4\ub2e4\ub294 \uc778\ud558\uc77c \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4\uace0 \ubcf4\uace0 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud569\ub2c8\ub2e4. \uc774\ub7f0 \uad00\uc810\uc5d0\uc11c **\uc720\ub9ac\ubcf4(Euribor) \uc120\ubb3c**\uc758 **\uce98\ub9b0\ub354 \uc2a4\ud504\ub808\ub4dc(Calendar Spread)**\uac00 \uad00\uc2ec \ub300\uc0c1\uc774 \ub420 \uc218 \uc788\ub294\ub370, \uce98\ub9b0\ub354 \uc2a4\ud504\ub808\ub4dc\ub294 \ub9cc\uae30\uac00 \ub2e4\ub978(\uc608: \uac00\uae4c\uc6b4 \ub9cc\uae30 vs \uba3c \ub9cc\uae30) \uac19\uc740 \uc0c1\ud488\uc744 \ub3d9\uc2dc\uc5d0 \uc0ac\uace0\ud314\uc544 \u201c\uc2dc\uac04 \ucc28\uc774(\ub9cc\uae30 \ucc28\uc774)\u201d\uc5d0\uc11c \uc0dd\uae30\ub294 \uac00\uaca9 \ubcc0\ud654\ub97c \ub178\ub9ac\ub294 \uc804\ub7b5\uc785\ub2c8\ub2e4. \ub610\ud55c \uc774\ub294 ECB\uac00 \uc608\uc0c1\ubcf4\ub2e4 \uc624\ub798 \uae08\ub9ac\ub97c \uc720\uc9c0\ud560 \uacbd\uc6b0 **\uc218\uc775\ub960 \uace1\uc120(Yield Curve)**\uc774 \ub354 \uac00\ud314\ub77c\uc9c8 \uac00\ub2a5\uc131(\uc7a5\uae30 \uae08\ub9ac\uac00 \uc0c1\ub300\uc801\uc73c\ub85c \ub354 \ub192\uc544\uc9c0\ub294 \ubaa8\uc2b5)\uc744 \uc5fc\ub450\uc5d0 \ub454 \ud3ec\uc9c0\uc158\uc774 \ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc218\uc775\ub960 \uace1\uc120\uc740 \u201c\ub9cc\uae30(\uae30\uac04)\uc5d0 \ub530\ub77c \uc774\uc790\uc728\uc774 \uc5b4\ub5bb\uac8c \ub2e4\ub978\uc9c0\u201d\ub97c \uc120\uc73c\ub85c \ub098\ud0c0\ub0b8 \uac83\uc785\ub2c8\ub2e4.\n\n\ub610\ud55c ECB\uc758 \uc774\ub7f0 \uc548\uc815\uc801\uc778 \ud0dc\ub3c4\ub294, \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\uac00 \uc0c1\ub300\uc801\uc73c\ub85c \ub354 \u201c\uac15\ud55c \uae34\ucd95\u201d \ub290\ub08c\uc744 \uc8fc\ub294 \uac83\uacfc \ube44\uad50\ub420 \ub54c, **EUR\/USD(\uc720\ub85c\/\ub2ec\ub7ec)** \ud658\uc728\uc774 \ud070 \ubc94\uc704\ub85c \uc6c0\uc9c1\uc774\uc9c0 \ubabb\ud558\uac8c \ub9cc\ub4e4 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774 \ud658\uc728\uc740 \uc9c0\ub09c \ub450 \ub2ec \ub3d9\uc548 \ub300\uccb4\ub85c 1.07~1.09\uc758 \uc881\uc740 \ubc94\uc704\uc5d0 \uba38\ubb3c\ub800\uc2b5\ub2c8\ub2e4. \uc774\ub7f0 \uad6c\uac04 \uc6c0\uc9c1\uc784\uc774 \uc774\uc5b4\uc9c0\uba74 **\ud30c\uc0dd\uc0c1\ud488(Derivatives)** \uc804\ub7b5 \uc911 **\uc544\uc774\uc5b8 \ucf58\ub3c4\ub974(Iron Condor)**\uac00 \ub9e4\ub825\uc801\uc77c \uc218 \uc788\ub294\ub370, \uc544\uc774\uc5b8 \ucf58\ub3c4\ub974\ub294 \ucf5c\u00b7\ud48b \uc635\uc158\uc744 \uc870\ud569\ud574 \uc77c\uc815 \ubc94\uc704 \uc548\uc5d0\uc11c\ub294 \uc774\uc775\uc774 \ub098\uace0 \ud070 \ubcc0\ub3d9\uc5d0\ub294 \ubd88\ub9ac\ud574\uc9c8 \uc218 \uc788\ub294 \uad6c\uc870\uc785\ub2c8\ub2e4. \uc774 \uc804\ub7b5\uc740 \ubcc0\ub3d9\uc131\uc774 \ub0ae\uace0 \uc2dc\uac04\uc774 \uc9c0\ub098\uba74\uc11c \uc635\uc158 \uac00\uce58\uac00 \uc904\uc5b4\ub4dc\ub294 **\uc2dc\uac04\uac00\uce58 \uac10\uc18c(Time Decay)**\uc5d0\uc11c \uc720\ub9ac\ud574\uc9c8 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc2dc\uac04\uac00\uce58 \uac10\uc18c\ub294 \ub9cc\uae30\uc77c\uc774 \uac00\uae4c\uc6cc\uc9c8\uc218\ub85d(\uc2dc\uac04\uc774 \uac08\uc218\ub85d) \uc635\uc158\uc758 \u201c\uc2dc\uac04\uc5d0 \ub300\ud55c \uac00\uce58\u201d\uac00 \uc904\uc5b4\ub4dc\ub294 \ud604\uc0c1\uc785\ub2c8\ub2e4.\n\n<h3>EUR\/USD \ubc94\uc704\uc640 \ubcc0\ub3d9\uc131 \uc804\ub7b5<\/h3>\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">VT Markets \uc2e4\uacc4\uc88c \ub9cc\ub4e4\uae30<\/a>\u00a0\ubc0f\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">\uc9c0\uae08 \uac70\ub798 \uc2dc\uc791\ud558\uae30<\/a>. <\/b>\n\n<!-- wp:paragraph-->\n<p><b>VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c <a href=\"https:\/\/www.vtmarkets.com\/kr\/trade-now\/\">\uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>ECB\uac00 \uc608\uae08\uae08\ub9ac\ub97c 2%\ub85c \ub3d9\uacb0\ud558\uba70 \uc2dc\uc7a5\uc740 \uc548\ub3c4\ud588\uc2b5\ub2c8\ub2e4. \ubcc0\ub3d9\uc131\uc740 VSTOXX 14\ub85c \ud558\ub77d, \uc635\uc158 \ud504\ub9ac\ubbf8\uc5c4 \ub9e4\ub3c4 \uc720\ub9ac. \uc778\ud50c\ub808 2.4%\u00b7\uc131\uc7a5 0.5%\ub85c \ub2e4\uc74c \uc6c0\uc9c1\uc784\uc740 \uc778\ud558 \uac00\ub2a5\uc131. &#8211; 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-41832","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\/41832","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=41832"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/41832\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=41832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=41832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=41832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}