{"id":41837,"date":"2026-03-19T17:43:39","date_gmt":"2026-03-19T17:43:39","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/ecb-%ec%9c%a0%eb%a1%9c%ec%a1%b4-%ec%98%88%ea%b8%88%ea%b8%88%eb%a6%ac-2%eb%a1%9c-%eb%8f%99%ea%b2%b0%ec%8b%9c%ec%9e%a5-%ec%98%88%ec%83%81-%eb%b6%80%ed%95%a9\/"},"modified":"2026-03-19T17:43:39","modified_gmt":"2026-03-19T17:43:39","slug":"ecb-%ec%9c%a0%eb%a1%9c%ec%a1%b4-%ec%98%88%ea%b8%88%ea%b8%88%eb%a6%ac-2%eb%a1%9c-%eb%8f%99%ea%b2%b0%ec%8b%9c%ec%9e%a5-%ec%98%88%ec%83%81-%eb%b6%80%ed%95%a9","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/ecb-%ec%9c%a0%eb%a1%9c%ec%a1%b4-%ec%98%88%ea%b8%88%ea%b8%88%eb%a6%ac-2%eb%a1%9c-%eb%8f%99%ea%b2%b0%ec%8b%9c%ec%9e%a5-%ec%98%88%ec%83%81-%eb%b6%80%ed%95%a9\/","title":{"rendered":"ECB, \uc720\ub85c\uc874 \uc608\uae08\uae08\ub9ac 2%\ub85c \ub3d9\uacb0\u2026\uc2dc\uc7a5 \uc608\uc0c1 \ubd80\ud569"},"content":{"rendered":"\uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\uc740 \uc720\ub85c\uc874 **\uc608\uce58\uae08\ub9ac(Deposit Facility Rate)**\ub97c \uc2dc\uc7a5 \uc608\uc0c1\ub300\ub85c **2%**\ub85c \uc720\uc9c0\ud588\ub2e4. \uc608\uce58\uae08\ub9ac\ub294 \uc740\ud589\uc774 ECB\uc5d0 **\ud558\ub8e8\uc9dc\ub9ac(\uc775\uc77c\ubb3c) \uc790\uae08**\uc744 \ub9e1\uae38 \ub54c \ubc1b\ub294 \uc774\uc790\uc728\ub85c, \ub2e8\uae30 \uae08\ub9ac \uc218\uc900\uc744 \uc0ac\uc2e4\uc0c1 \uc774\ub044\ub294 \uae30\uc900 \uc5ed\ud560\uc744 \ud55c\ub2e4.\n\nECB\uac00 \uc608\uce58\uae08\ub9ac\ub97c \uc608\uc0c1\ub300\ub85c **2.0%**\ub85c \ub3d9\uacb0\ud558\uba74\uc11c \ub2e8\uae30\uc801\uc73c\ub85c \uc2dc\uc7a5\uc5d0 \ud070 \ucda9\uaca9\uc740 \uc81c\ud55c\uc801\uc77c \uc804\ub9dd\uc774\ub2e4. \u2018\uc11c\ud504\ub77c\uc774\uc988\u2019\uac00 \uc5c6\uc790 **\ub0b4\uc7ac\ubcc0\ub3d9\uc131(implied volatility, \uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \ud5a5\ud6c4 \ubcc0\ub3d9\uc131 \uae30\ub300)**\ub3c4 \ub0ae\uc544\uc84c\uace0, \uc720\ub85c\uc2a4\ud1a1\uc2a450\uc758 \ubcc0\ub3d9\uc131\uc744 \ubcf4\uc5ec\uc8fc\ub294 **VSTOXX \uc9c0\uc218(\uc720\ub85c\uc2a4\ud1a1\uc2a450 \ubcc0\ub3d9\uc131 \uc9c0\uc218)**\ub294 \ucd5c\uadfc **14 \uc218\uc900\uc758 \uc800\uc810 \ubd80\uadfc**\uc5d0\uc11c \uac70\ub798\ub410\ub2e4. \ub2e8\uae30\uc801\uc73c\ub85c\ub294 \uc8fc\uac00 \uc9c0\uc218\uc758 \ud070 \uae09\ubcc0 \uac00\ub2a5\uc131\uc774 \ub0ae\uc544 **\uc635\uc158 \ud504\ub9ac\ubbf8\uc5c4(\uc635\uc158 \uac00\uaca9 \uc911 \ubcc0\ub3d9\uc131\u00b7\uc2dc\uac04\uac00\uce58 \ubd80\ubd84)**\uc744 \ud30c\ub294 \uc804\ub7b5\uc774 \uc0c1\ub300\uc801\uc73c\ub85c \uc720\ub9ac\ud574\uc9c8 \uc218 \uc788\ub2e4.\n\n<h3>\uc815\ucc45 \ub3d9\uacb0\uacfc \uc2dc\uc7a5 \uc601\ud5a5<\/h3>\n\uc774\ubc88 \ub3d9\uacb0\uc740 ECB\uc758 \uc5b4\ub824\uc6b4 \uade0\ud615\uc744 \ubcf4\uc5ec\uc900\ub2e4. \uc720\ub85c\uc2a4\ud0c0\ud2b8 \ucd5c\uc2e0 \uc790\ub8cc\uc5d0 \ub530\ub974\uba74 **\uadfc\uc6d0 \uc778\ud50c\ub808\uc774\uc158(core inflation\u00b7\ubcc0\ub3d9\uc774 \ud070 \uc5d0\ub108\uc9c0\u00b7\uc2dd\ub8cc\ud488\uc744 \ube80 \ubb3c\uac00)**\uc774 **2.4%**\ub85c \uc27d\uac8c \ub0b4\ub824\uc624\uc9c0 \uc54a\ub294 \ubc18\uba74, **2025\ub144 4\ubd84\uae30 \uacbd\uc81c\uc131\uc7a5\ub960**\uc740 **0.5%**\ub85c \ubd80\uc9c4\ud588\ub2e4. \uacbd\uae30 \ubd80\uc591\uc744 \uc704\ud574 \uae08\ub9ac\ub97c \ub0b4\ub9ac\uae30\uc5d4 \ubb3c\uac00\uac00 \ub192\uace0, \ub0a8\uc740 \uc778\ud50c\ub808\uc774\uc158\uc744 \uc7a1\uae30 \uc704\ud574 \uae08\ub9ac\ub97c \uc62c\ub9ac\uae30\uc5d4 \uacbd\uae30\uac00 \uc57d\ud574 ECB\uac00 \uc27d\uac8c \uc6c0\uc9c1\uc774\uae30 \uc5b4\ub824\uc6b4 \uc0c1\ud669\uc774\ub2e4.\n\n\ub3cc\uc774\ucf1c\ubcf4\uba74 2024\ub144\uc5d0\ub294 \ud32c\ub370\ubbf9 \uc774\ud6c4 \uae09\ub4f1\ud55c \ubb3c\uac00\ub97c \ub20c\ub7ec\uc7a1\uae30 \uc704\ud574 \uacf5\uaca9\uc801\uc778 **\uae08\ub9ac \uc778\uc0c1 \uad6d\uba74**\uc774 \uc774\uc5b4\uc84c\uace0, \uae08\ub9ac\ub294 **\ub9c8\uc774\ub108\uc2a4 \uae08\ub9ac \uad6c\uac04**\uc5d0\uc11c \ube60\ub974\uac8c \uc0c1\uc2b9\ud588\ub2e4. \uc774\ud6c4 2025\ub144\uc5d0\ub294 \uc5f0\uc18d\uc801\uc778 **\uae08\ub9ac \uc778\ud558**\uac00 \uc9c4\ud589\ub418\uba70 \ud604\uc7ac\uc758 \u2018\uc815\uccb4 \uad6c\uac04(plateau\u00b7\uae08\ub9ac\uac00 \uc77c\uc815 \uc218\uc900\uc5d0\uc11c \uc6c0\uc9c1\uc774\uc9c0 \uc54a\ub294 \uc0c1\ud0dc)\u2019\uc5d0 \ub3c4\ub2ec\ud588\ub2e4.\n\n\ud2b8\ub808\uc774\ub354 \uc785\uc7a5\uc5d0\uc11c\ub294 \ub2e4\uc74c \ud68c\uc758\uc5d0\uc11c \uae08\ub9ac\uac00 \uc624\ub97c\uc9c0 \ub0b4\ub9b4\uc9c0 \u2018\ubc29\ud5a5\u2019\uc744 \ub9de\ud788\uae30\ubcf4\ub2e4, **\ub2e4\uc74c \ubcc0\ud654\uac00 \uc5b8\uc81c \uc62c\uc9c0 \u2018\uc2dc\uc810\u2019\uc744 \uac00\uaca9\uc5d0 \ubc18\uc601**\ud558\ub294 \uc2f8\uc6c0\uc73c\ub85c \ubc14\ub010\ub2e4. **\uae08\ub9ac \uc120\ubb3c(interest rate futures\u00b7\ubbf8\ub798\uc758 \ub2e8\uae30 \uae08\ub9ac\ub97c \uac70\ub798\ud558\ub294 \ud30c\uc0dd\uc0c1\ud488)**\uc5d0\uc11c 2026\ub144 \ub9d0 \uad6c\uac04\uc740 \uc5ec\uc804\ud788 \uc18c\ud3ed \ud558\ub77d \ucabd\uc744 \ubc18\uc601\ud558\uace0 \uc788\uc5b4, \uc2dc\uc7a5\uc740 \ub2e4\uc74c \uc870\uce58\uac00 \uc778\uc0c1\ubcf4\ub2e4 \uc778\ud558\uc77c \uac00\ub2a5\uc131\uc744 \ub354 \ub192\uac8c \ubcf8\ub2e4. \uc774\uc5d0 \ub530\ub77c **\uc720\ub9ac\ubcf4(Euribor) \uc120\ubb3c**\uc5d0\uc11c **\uce98\ub9b0\ub354 \uc2a4\ud504\ub808\ub4dc(calendar spread\u00b7\ub9cc\uae30\uac00 \ub2e4\ub978 \ub3d9\uc77c \uc0c1\ud488 \uc120\ubb3c\uc744 \ub3d9\uc2dc\uc5d0 \uc0ac\uace0\ud30c\ub294 \uc804\ub7b5)**\ub294, ECB\uac00 \uc608\uc0c1\ubcf4\ub2e4 \uc624\ub798 \uae08\ub9ac\ub97c \ubb36\uc5b4\ub450\ub294 \uacbd\uc6b0 **\uc218\uc775\ub960\uace1\uc120(yield curve\u00b7\ub9cc\uae30\ubcc4 \uae08\ub9ac\uc758 \ubaa8\uc591)**\uc774 \ub354 \uac00\ud314\ub77c\uc9c8 \uac00\ub2a5\uc131\uc5d0 \ubca0\ud305\ud558\ub294 \ubc29\ubc95\uc73c\ub85c \uad00\uc2ec\uc744 \ub048\ub2e4.\n\nECB\uc758 \uc548\uc815\uc801 \ud0dc\ub3c4\ub294, \ubbf8\uad6d \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\uac00 \uc0c1\ub300\uc801\uc73c\ub85c \ub354 \u2018\ub9e4\ud30c\uc801(\uae08\ub9ac \uc778\uc0c1\uc5d0 \uc6b0\ud638\uc801)\u2019\uc778 \ubd84\uc704\uae30\ub97c \ubcf4\uc774\ub294 \uac83\uacfc \ube44\uad50\ud560 \ub54c, **\uc720\ub85c\/\ub2ec\ub7ec(EUR\/USD) \ud658\uc728**\ub3c4 \ud070 \ubc29\ud5a5\uc131\uc744 \ub9cc\ub4e4\uae30\ubcf4\ub2e4\ub294 \ubc15\uc2a4\uad8c\uc5d0 \uba38\ubb3c \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4. \ucd5c\uadfc 2\uac1c\uc6d4 \ub3d9\uc548 \ud658\uc728\uc740 **1.07~1.09**\uc758 \ube44\uad50\uc801 \uc881\uc740 \ubc94\uc704\uc5d0 \uac07\ud600 \uc788\uc5c8\ub2e4. \uc774\ub7f0 \uc608\uce21 \uac00\ub2a5\ud55c \uad6c\uac04\uc5d0\uc11c\ub294 \ubcc0\ub3d9\uc131\uc774 \ub0ae\uace0 \uc2dc\uac04\uc774 \uc9c0\ub0a0\uc218\ub85d \uc635\uc158 \uac00\uce58\uac00 \uc904\uc5b4\ub4dc\ub294 **\uc2dc\uac04\uac00\uce58 \uac10\uc18c(time decay\u00b7\uc635\uc158\uc758 \uc794\uc874\uae30\uac04 \uac10\uc18c\ub85c \uac00\uce58\uac00 \uc904\uc5b4\ub4dc\ub294 \ud604\uc0c1)**\ub97c \ud65c\uc6a9\ud558\ub294 **\uc544\uc774\uc5b8 \ucf58\ub3c4\ub974(iron condor\u00b7\uc0c1\ub2e8\u00b7\ud558\ub2e8\uc5d0 \uc2a4\ud504\ub808\ub4dc\ub97c \ud568\uaed8 \uad6c\uc131\ud574 \ubc15\uc2a4\uad8c\uc744 \ub178\ub9ac\ub294 \uc635\uc158 \uc804\ub7b5)** \uac19\uc740 \ud30c\uc0dd\uc804\ub7b5\uc774 \uc720\ub9ac\ud560 \uc218 \uc788\ub2e4.\n\n<h3>EUR\/USD \ubc15\uc2a4\uad8c\uacfc \ubcc0\ub3d9\uc131 \uc804\ub7b5<\/h3>\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>ECB\uac00 \uc608\uce58\uae08\ub9ac 2% \ub3d9\uacb0\u2026\uc11c\ud504\ub77c\uc774\uc988 \ubd80\uc7ac\uc5d0 \ub0b4\uc7ac\ubcc0\ub3d9\uc131\u00b7VSTOXX 14 \uc800\uc810\uad8c. \ubb3c\uac00 2.4% vs \uc131\uc7a5 0.5% \ub51c\ub808\ub9c8 \uc18d \uae08\ub9ac \u2018\uc2dc\uc810\u2019 \ubca0\ud305, Euribor \uc2a4\ud504\ub808\ub4dc\u00b7EUR\/USD \ubc15\uc2a4\uad8c\uc5d0 \uc635\uc158 \ud504\ub9ac\ubbf8\uc5c4 \ub9e4\ub3c4\u00b7\uc544\uc774\uc5b8\ucf58\ub3c4\ub974 \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-41837","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\/41837","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=41837"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/41837\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=41837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=41837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=41837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}