\ub3c4\uc774\uccb4\ubc29\ud06c \uc774\ucf54\ub178\ubbf8\uc2a4\ud2b8\ub4e4\uc740 \uc911\ub3d9 \ubd84\uc7c1\uacfc \uc5f0\ub3d9\ub41c \uc720\uac00\u00b7\uac00\uc2a4 \uac00\uaca9 \uc0c1\uc2b9\uc774 \ub3c5\uc77c \uacbd\uc81c\uc5d0 \ubd80\ub2f4\uc73c\ub85c \uc791\uc6a9\ud558\uace0 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4. \ub2e4\ub9cc 2026\ub144 \uad6d\ub0b4\ucd1d\uc0dd\uc0b0(GDP, \ud55c \ub098\ub77c \uc548\uc5d0\uc11c \ub9cc\ub4e4\uc5b4\uc9c4 \uc7ac\ud654\u00b7\uc11c\ube44\uc2a4\uc758 \ucd1d\ud569) \uc804\ub9dd\uce58\ub294 1.0%\ub85c \uc720\uc9c0\ud588\ub2e4. \uc7ac\uc815\uc815\ucc45(\uc815\ubd80\uc758 \uc9c0\ucd9c\u00b7\uc138\uae08 \uc815\ucc45)\uc774 \uacbd\uae30 \ubd80\uc591\uc801(\ud655\uc7a5\uc801)\uc774\uace0 1\ubd84\uae30 \uacbd\uae30 \ud750\ub984(\ubaa8\uba58\ud140)\uc774 \ub098\uc058\uc9c0 \uc54a\uc558\ub2e4\ub294 \uc774\uc720\uc5d0\uc11c\ub2e4.<\/p>\n
\uc5d0\ub108\uc9c0 \uacf5\uae09 \ucc28\uc9c8\uc774 \uc7a5\uae30\ud654\ub420 \uacbd\uc6b0 2026~2027\ub144\uc758 \ubbfc\uac04\uc18c\ube44(\uac00\uacc4\uac00 \uc4f0\ub294 \uc18c\ube44), \ubb3c\uac00\uc0c1\uc2b9\ub960(\uc778\ud50c\ub808\uc774\uc158), \ubd84\uae30 GDP\uac00 \ucde8\uc57d\ud574\uc9c8 \uc218 \uc788\ub2e4\uace0 \uacbd\uace0\ud588\ub2e4. \uad6c\ub9e4\ub825(\uac19\uc740 \ub3c8\uc73c\ub85c \uc0b4 \uc218 \uc788\ub294 \uc591) \uc57d\ud654\uc640 \ubd88\ud655\uc2e4\uc131 \ud655\ub300\uac00 \uc9c0\ucd9c\uc744 \uc5b5\uc81c\ud560 \uac83\uc73c\ub85c \ubd24\ub2e4.<\/p>\n
2\ubd84\uae30 \uc131\uc7a5\ub960\uc740 \uc0ac\uc2e4\uc0c1 \uc81c\uc790\ub9ac(\uc815\uccb4)\uc5d0 \uac00\uae4c\uc6b8 \uac83\uc73c\ub85c \uc804\ub9dd\ud588\uc73c\uba70, \uae30\uc874\uc758 \uc804 \ubd84\uae30 \ub300\ube44 0.2%(QoQ, \uc804 \ubd84\uae30 \ub300\ube44 \uc131\uc7a5\ub960) \uc608\uc0c1\uc5d0\uc11c \ud558\ud5a5 \uc870\uc815\ud588\ub2e4. \uc7ac\uc815\uc815\ucc45 \uc9c0\uc6d0\uc774 \uae30\ubcf8 \uc2dc\ub098\ub9ac\uc624\uc758 \ubd84\uae30\ubcc4 GDP \ud750\ub984\uc744 \ub5a0\ubc1b\uce5c\ub2e4\uace0 \uc124\uba85\ud588\ub2e4.<\/p>\n
\uc5d0\ub108\uc9c0 \ucda9\uaca9\uc774 \ub354 \ucee4\uc9c0\ub294(\ubd80\uc815\uc801) \uc2dc\ub098\ub9ac\uc624\uc5d0\uc11c\ub294 2026\ub144 \uc131\uc7a5\ub960\uc774 \uc57d 0.5%\uae4c\uc9c0 \ub5a8\uc5b4\uc9c0\uace0 2027\ub144\uc740 1.0% \uc218\uc900\uc73c\ub85c \uc81c\uc2dc\ud588\ub2e4. \uc774 \uacbd\uc6b0 \uc5f0\uac04 \ud3c9\uade0 \uc18c\ube44\uc790\ubb3c\uac00\uc0c1\uc2b9\ub960(CPI, \uac00\uacc4\uac00 \uccb4\uac10\ud558\ub294 \ub300\ud45c \uc18c\ube44\ud488 \uac00\uaca9\uc9c0\uc218)\uc740 2026\ub144\uacfc 2027\ub144 \ubaa8\ub450 3.0%\ub97c \ud06c\uac8c \uc6c3\ub3cc \uc218 \uc788\ub2e4\uace0 \ub0b4\ub2e4\ubd24\ub2e4.<\/p>\n
\ud604\uc7ac \ub3c5\uc77c \uacbd\uc81c\ub294 \uc815\ubd80 \uc9c0\ucd9c \ud655\ub300\uc640 \ub192\uc740 \uc5d0\ub108\uc9c0 \uac00\uaca9 \ubd80\ub2f4\uc774 \ub9de\uc11c\ub294 \u2018\uc5c7\uac08\ub9b0\u2019 \uc804\ub9dd\uc5d0 \ub193\uc5ec \uc788\ub2e4. \uc62c\ud574 GDP \uacb0\uacfc\uac00 \ud06c\uac8c \uac08\ub9b4 \uc218 \uc788\uc5b4, \ud575\uc2ec \uc804\ub7b5\uc740 \uc2dc\uc7a5 \ubcc0\ub3d9\uc131 \ud655\ub300\uc5d0 \ub300\ube44\ud558\ub294 \uac83\uc774\ub2e4. \ud2b8\ub808\uc774\ub354\ub294 DAX \uc9c0\uc218(\ub3c5\uc77c \ub300\ud45c \uc8fc\uac00\uc9c0\uc218)\uc5d0 \ub300\ud574 \uc2a4\ud2b8\ub798\ub4e4\/\uc2a4\ud2b8\ub7ad\uae00(\uac19\uc740 \ub9cc\uae30 \uc635\uc158\uc5d0\uc11c \ucf5c\u00b7\ud48b\uc744 \ud568\uaed8 \ub9e4\uc218\ud574 \ubcc0\ub3d9\uc131 \ud655\ub300\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5)\uc744 \uace0\ub824\ud560 \uc218 \uc788\uace0, VDAX-NEW \ubcc0\ub3d9\uc131 \uc9c0\uc218(\ub3c5\uc77c \uc8fc\uc2dd\uc2dc\uc7a5\uc758 \uae30\ub300 \ubcc0\ub3d9\uc131\uc744 \ub098\ud0c0\ub0b4\ub294 \uc9c0\uc218) \ucf5c\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uad8c\ub9ac) \ub9e4\uc218\ub3c4 \ub300\uc548\uc774 \ub420 \uc218 \uc788\ub2e4.<\/p>\n
\ud070 \ud3ed\uc758 \uacbd\uae30 \ub454\ud654 \uc704\ud5d8\uc774 \ucee4\uc9c0\uace0 \uc788\uc73c\uba70, \ud2b9\ud788 2\ubd84\uae30\ub85c \uac08\uc218\ub85d \ubd80\ub2f4\uc774 \ub298\uace0 \uc788\ub2e4. 4\uc6d4 ZEW \uacbd\uae30\uae30\ub300\uc9c0\uc218(\ub3c5\uc77c \ubbfc\uac04\uc5f0\uad6c\uc18c ZEW\uac00 \uc9d1\uacc4\ud558\ub294 \ud5a5\ud6c4 6\uac1c\uc6d4 \uacbd\uae30 \uc2ec\ub9ac \uc9c0\ud45c)\ub294 -5.2\ub85c \uae09\ub77d\ud574 \ube44\uad00\ub860\uc744 \ubc18\uc601\ud588\ub2e4. \uc5ec\uae30\uc5d0 \uc911\ub3d9 \uae34\uc7a5\uc73c\ub85c \ube0c\ub80c\ud2b8\uc720(\uad6d\uc81c \uc720\uac00 \uae30\uc900\uc720) \uac00\uaca9\uc774 \uc9c0\ub09c\uc8fc \ubc30\ub7f4\ub2f9 95\ub2ec\ub7ec\ub97c \ub2e4\uc2dc \ub118\uc5b4\uc11c\uba74\uc11c \ud558\ubc29 \uc2dc\ub098\ub9ac\uc624 \uac00\ub2a5\uc131\uc774 \ub192\uc544\uc84c\ub2e4. \uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 \ubbfc\uac04\uc18c\ube44 \uc57d\ud654\uc5d0 \ub300\ube44\ud574 DAX \ubc29\uc5b4\uc801 \ud48b\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \ud314 \uad8c\ub9ac)\uc73c\ub85c \ud5e4\uc9c0(\uc190\uc2e4\uc744 \uc904\uc774\uae30 \uc704\ud55c \ubc29\uc5b4)\ub97c \uace0\ub824\ud560 \ub9cc\ud558\ub2e4.<\/p>\n
\ubb3c\uac00\ub3c4 \uc720\ub85c\ud654\uc5d0 \ubd80\ub2f4\uc744 \uc904 \uc218 \uc788\ub294 \ud575\uc2ec \ubcc0\uc218\ub2e4. 2026\ub144 3\uc6d4 \ub3c5\uc77c CPI \uc18d\ubcf4\uce58(\uc7a0\uc815\uce58)\ub294 2.9%\ub85c \uc62c\ub77c\uc130\uace0, \ubd80\uc815\uc801 \uc5d0\ub108\uc9c0 \uc2dc\ub098\ub9ac\uc624\uac00 \uc804\uac1c\ub418\uba74 3.0%\ub97c \ud55c\ucc38 \uc6c3\ub3c8 \ucc44 \uace0\ucc29\ub420 \uc218 \uc788\ub2e4. \uc774\ub294 \uc2a4\ud0dc\uadf8\ud50c\ub808\uc774\uc158(\uacbd\uae30 \ub454\ud654\uc640 \ubb3c\uac00 \uc0c1\uc2b9\uc774 \ub3d9\uc2dc\uc5d0 \ub098\ud0c0\ub098\ub294 \uc0c1\ud669) \uc131\uaca9\uc744 \ub760\uba70, \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\uc758 \uc815\ucc45 \ub300\uc751\uc744 \uc5b4\ub835\uac8c \ub9cc\ub4e0\ub2e4. \uc774 \uacbd\uc6b0 EUR\/USD(\uc720\ub85c\/\ub2ec\ub7ec \ud658\uc728) \uc20f \ud3ec\uc9c0\uc158(\uac00\uaca9 \ud558\ub77d\uc5d0 \ubca0\ud305)\ub3c4 \uc720\ud6a8\ud55c \uac70\ub798\uac00 \ub420 \uc218 \uc788\ub2e4.<\/p>\n
\uc774\ubc88 \uc555\ubc15\uc758 \uc9c1\uc811 \uc694\uc778\uc740 \uc5d0\ub108\uc9c0 \uc2dc\uc7a5\uc774\ub2e4. \uc720\ub7fd TTF \ucc9c\uc5f0\uac00\uc2a4 \uac00\uaca9(\ub124\ub35c\ub780\ub4dc TTF \uac70\ub798\uc18c \uae30\uc900 \uc720\ub7fd \uac00\uc2a4 \uac00\uaca9 \uc9c0\ud45c)\ub3c4 \ub3c5\uc77c \uac00\uc2a4 \uc800\uc7a5\ub960\uc774 \uc774\ubc88 \uc8fc 68%\ub85c \uc9d1\uacc4\ub418\uba70(\uc8fc\uc694\uad6d \uc800\uc7a5\uc2dc\uc124\uc5d0 \uc313\uc544\ub454 \uac00\uc2a4 \ube44\uc728) 4\uc6d4 \uc911\uc21c \uae30\uc900 5\ub144 \ud3c9\uade0\uc744 \uc18c\ud3ed \ubc11\ub3c4\ub294 \uac00\uc6b4\ub370 \uc0c1\uc2b9\ud588\ub2e4. \uc9c0\uc815\ud559\uc801 \uae34\uc7a5\uc774 \uc27d\uac8c \uc644\ud654\ub418\uc9c0 \uc54a\uc744 \uac83\uc73c\ub85c \ubcf4\ub294 \ud22c\uc790\uc790\ub77c\uba74 \uc5d0\ub108\uc9c0 ETF(\ud2b9\uc815 \uc790\uc0b0\u00b7\uc0b0\uc5c5\uc744 \ucd94\uc885\ud558\ub294 \uc0c1\uc7a5\uc9c0\uc218\ud380\ub4dc) \ucf5c\uc635\uc158 \ub610\ub294 \uc6d0\uc720 \uc120\ubb3c(\ubbf8\ub798 \uc778\ub3c4 \uc870\uac74\uc73c\ub85c \uac70\ub798\ub418\ub294 \uacc4\uc57d) \ub9e4\uc218\ub85c \uacac\ud574\ub97c \uc9c1\uc811 \ubc18\uc601\ud560 \uc218 \uc788\ub2e4.<\/p>\n
\ubc18\ub300\ub85c \uc5d0\ub108\uc9c0 \uac00\uaca9\uc774 \uc9c4\uc815\ub418\uba74 2025\ub144 \ud558\ubc18\uae30\uc5d0 \uc2dc\ud589\ub41c \uc7ac\uc815 \uc9c0\uc6d0 \ud6a8\uacfc\ub97c \ubc14\ud0d5\uc73c\ub85c \uacbd\uae30\uc758 \uae30\ucd08 \uccb4\ub825\uc774 \ub2e4\uc2dc \ub4dc\ub7ec\ub0a0 \uc218 \uc788\ub2e4. \uc720\uac00\uac00 \uc758\ubbf8 \uc788\uac8c \ud558\ub77d\ud558\uba74 \uc57d\uc138 \ud3ec\uc9c0\uc158\uc744 \uc815\ub9ac\ud558\uace0 \ub3c5\uc77c \uc8fc\uc2dd\uc73c\ub85c\uc758 \ub871 \ub178\ucd9c(\uc0c1\uc2b9\uc5d0 \ubca0\ud305\ud558\ub294 \ubcf4\uc720)\uc744 \uc7ac\uad6c\ucd95\ud558\ub77c\ub294 \uc2e0\ud638\uac00 \ub420 \uc218 \uc788\ub2e4. \uc774\uc5d0 \ub530\ub77c \ub3c5\uc77c \uc0b0\uc5c5 \uc139\ud130 \ub300\ud45c\uc8fc \ucf5c\uc635\uc158 \ub9e4\uc218\ub294 \ubc18\ub4f1\uc744 \ub178\ub9ac\ub294 \uc804\ub7b5\uc73c\ub85c \ud65c\uc6a9 \uac00\ub2a5\ud558\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"
\uc911\ub3d9 \uae34\uc7a5\ubc1c \uc720\uac00\u00b7\uac00\uc2a4 \uae09\ub4f1\uc774 \ub3c5\uc77c \uc131\uc7a5 \ubc1c\ubaa9: \ub3c4\uc774\uccb4\ubc29\ud06c, 2\ubd84\uae30 \uc815\uccb4\u00b7\uc18c\ube44 \uc704\ucd95 \uacbd\uace0. 2026\ub144 \uc131\uc7a5 1% \uc720\uc9c0\ud558\ub418 \ucda9\uaca9 \uc2dc 0.5%\u00b7\ubb3c\uac00 3%\u2191, DAX \ubcc0\ub3d9\uc131 \ud5e4\uc9c0\u00b7EUR\/USD \uc20f \uc81c\uc2dc.<\/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-44861","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\/44861","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=44861"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/44861\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=44861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=44861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=44861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}