{"id":44913,"date":"2026-04-17T11:50:41","date_gmt":"2026-04-17T11:50:41","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/bny%ec%9d%98-%eb%b0%a5-%ec%83%88%eb%b9%84%ec%a7%80-2%eb%b6%84%ea%b8%b0-%eb%b6%84%ec%82%b0%ed%88%ac%ec%9e%90-%ec%84%b1%ed%8c%a8-%eb%8b%ac%eb%9f%ac-%ec%9b%80%ec%a7%81%ec%9e%84%c2%b7%eb%b9%84\/"},"modified":"2026-04-17T11:50:41","modified_gmt":"2026-04-17T11:50:41","slug":"bny%ec%9d%98-%eb%b0%a5-%ec%83%88%eb%b9%84%ec%a7%80-2%eb%b6%84%ea%b8%b0-%eb%b6%84%ec%82%b0%ed%88%ac%ec%9e%90-%ec%84%b1%ed%8c%a8-%eb%8b%ac%eb%9f%ac-%ec%9b%80%ec%a7%81%ec%9e%84%c2%b7%eb%b9%84","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/bny%ec%9d%98-%eb%b0%a5-%ec%83%88%eb%b9%84%ec%a7%80-2%eb%b6%84%ea%b8%b0-%eb%b6%84%ec%82%b0%ed%88%ac%ec%9e%90-%ec%84%b1%ed%8c%a8-%eb%8b%ac%eb%9f%ac-%ec%9b%80%ec%a7%81%ec%9e%84%c2%b7%eb%b9%84\/","title":{"rendered":"BNY\uc758 \ubc25 \uc0c8\ube44\uc9c0 \u201c2\ubd84\uae30 \ubd84\uc0b0\ud22c\uc790 \uc131\ud328, \ub2ec\ub7ec \uc6c0\uc9c1\uc784\u00b7\ube44(\u975e)\ubbf8\uad6d \uc8fc\uac00\uc9c0\uc218 \uc0c1\uad00\uad00\uacc4\uc5d0 \ub2ec\ub824\u201d"},"content":{"rendered":"

BNY\ub294 \uc9c0\ub09c 1\ub144 \ub3d9\uc548 \u2018\ubbf8\uad6d \uc678 \uc9c0\uc5ed(ROW\u00b7Rest of World)\u2019 \uc8fc\uac00\uc9c0\uc218\uac00 \u2018\ub2ec\ub7ec\uc9c0\uc218(\uc8fc\uc694 \ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec \uac15\uc138\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\uc218)\u2019\uc640 \ub192\uc740 \uc0c1\uad00\uad00\uacc4\ub97c \ubcf4\uc5ec, \ub2ec\ub7ec \uc6c0\uc9c1\uc784\uc774 2\ubd84\uae30(2Q) \ubd84\uc0b0\ud22c\uc790 \uc120\ud0dd\uc744 \uc88c\uc6b0\ud558\uace0 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4. BNY\ub294 \uc704\ud5d8\uc790\uc0b0 \uc120\ud638\uac00 \uac15\ud574\uc9c0\ub294 \u2018\ub9ac\uc2a4\ud06c \ub7a0\ub9ac(\uc704\ud5d8\uc790\uc0b0 \ub9e4\uc218 \ud655\ub300 \uad6d\uba74)\u2019\uc640 \ub2ec\ub7ec \ub9e4\ub3c4 \uc7ac\uac1c \uc18d\uc5d0, \ubbf8\uad6d \ubc16 \uc2dc\uc7a5\uc774 \ub2ec\ub7ec\uc640 \ud568\uaed8 \uc804\uc7c1 \uc774\uc804 \uc218\uc900\uc73c\ub85c \ud68c\ubcf5\ud588\ub2e4\uace0 \uc124\uba85\ud588\ub2e4.<\/p>\n

\u2018\ud574\ubc29\uc758 \ub0a0\u2019 \uc774\ud6c4 S&P500 \uc9c0\uc218\ub294 26% \uc0c1\uc2b9\ud588\uace0, ROW \uc0c1\uc704 20\uac1c \uae30\uc5c5\uc740 13% \uc62c\ub790\ub2e4. BNY\ub294 S&P500\uacfc ROW \uc9c0\uc218\uc758 \ud750\ub984\uc774 \ub69c\ub837\ud558\uac8c \uc5c7\uac08\ub9ac\uace0 \uc788\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n

Dollar Direction Drives Allocation<\/h3>\n

BNY\ub294 \uc911\uc559\uc740\ud589 \uc815\ucc45\uc774 \ud658\uc728\uc5d0 \uc601\ud5a5\uc744 \uc8fc\uace0 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4. \uc2dc\uc7a5\uc740 2026\ub144\uc5d0 \uc720\ub7fd\uc911\uc559\uc740\ud589(ECB)\uc774 25bp(\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8\u00b70.01%\ud3ec\uc778\ud2b8)\uc529 \ub450 \ucc28\ub840 \uae08\ub9ac\ub97c \uc62c\ub9b4 \uac83\uc73c\ub85c \ubc18\uc601\ud558\uace0 \uc788\ub2e4. \ubc18\uba74 \ubbf8 \uc5f0\uc900(Fed)\uc758 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc740 40%\ub85c \uac70\ub860\ub418\uba70, \uc774 \ucc28\uc774\ub85c \uc774\ubc88 \uc8fc \uc720\ub85c\/\ub2ec\ub7ec(EUR\/USD) \ud658\uc728\uc774 1.15\uc5d0\uc11c 1.18\ub85c \uc6c0\uc9c1\uc600\ub2e4\uace0 \uc804\ud588\ub2e4.<\/p>\n

\ub610 \uc2e0\ud765\uad6d\uc740 \ub2ec\ub7ec \uc6c0\uc9c1\uc784\uacfc \uc911\uc559\uc740\ud589\uc758 \uc2dc\uc7a5 \uac1c\uc785 \uc704\ud5d8\uc774 \ub9de\ubb3c\ub9ac\uba70 \uc545\uc21c\ud658\uc5d0 \ube60\uc9c8 \uc218 \uc788\ub2e4\uace0 \uc9c0\uc801\ud588\ub2e4. \ucd94\uac00 \uac1c\uc785\uc774 \uc774\ub904\uc9c8 \uacbd\uc6b0 \uc804 \uc138\uacc4 \uc2dc\uc7a5\uc5d0\uc11c \ub2e8\uae30 \uad6c\uac04 \uae08\ub9ac(\ub9cc\uae30\uac00 \uc9e7\uc740 \ucc44\uad8c \uae08\ub9ac)\uac00 \ub192\uc740 \uc218\uc900\uc73c\ub85c \uc720\uc9c0\ub420 \uc218 \uc788\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n

Trade The Divergence With Options<\/h3>\n

\uc774\ub7ec\ud55c \uad34\ub9ac\ub294 \uc911\uc559\uc740\ud589 \uc815\ucc45 \uc804\ub9dd\uc774 \uc8fc\ub3c4\ud558\uace0 \uc788\ub2e4. \uc2dc\uc7a5\uc740 2026\ub144 ECB\uc758 25bp \uc778\uc0c1 \ub450 \ucc28\ub840\ub97c \ubc18\uc601\ud558\ub294 \ubc18\uba74, \uc9c0\ub09c\uc8fc \ubbf8\uad6d \ubb3c\uac00\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ub192\uac8c \ub098\uc624\uba74\uc11c \uc5f0\uc900\uc758 \uae08\ub9ac \uc778\ud558 \uac00\ub2a5\uc131\uc740 \uc57d 30% \uc218\uc900\uc73c\ub85c \ub0ae\uc544\uc84c\ub2e4. \uc774 \uac19\uc740 \uc815\ucc45 \ucc28\uc774\ub85c EUR\/USD\ub294 1.15\uc5d0\uc11c 1.18 \uc218\uc900\uc73c\ub85c \uc0c1\uc2b9\ud588\ub2e4.<\/p>\n

\ud30c\uc0dd\uc0c1\ud488(\uae30\ucd08\uc790\uc0b0 \uac00\uaca9\uc5d0 \ub530\ub77c \uac00\uce58\uac00 \ubcc0\ud558\ub294 \uae08\uc735\uc0c1\ud488) \ud22c\uc790\uc790\uc5d0\uac8c\ub294 \ub2ec\ub7ec\uc9c0\uc218 \uc635\uc158(\ud2b9\uc815 \uac00\uaca9\uc5d0 \ub2ec\ub7ec\uc9c0\uc218\ub97c \uc0ac\uace0\ud314 \uc218 \uc788\ub294 \uad8c\ub9ac)\uc73c\ub85c \ubc29\ud5a5\uc131\uc5d0 \uc9c1\uc811 \ubca0\ud305\ud560 \uc218 \uc788\ub2e4\ub294 \uc758\ubbf8\ub2e4. \ud604\uc7ac \uc57d 105.5 \uc218\uc900\uc778 \ub2ec\ub7ec\uc9c0\uc218(DXY\u00b7\ub2ec\ub7ec\uc9c0\uc218)\ub97c \uae30\uc900\uc73c\ub85c, \ub2ec\ub7ec \uc57d\uc138\ub294 \ud574\uc678 \uc8fc\uc2dd ETF(\uc0c1\uc7a5\uc9c0\uc218\ud380\ub4dc)\uc5d0 \uc720\ub9ac\ud574 \ud574\ub2f9 \uc0c1\ud488\uc758 \ucf5c\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac) \ub9e4\ub825\uc774 \ucee4\uc9c8 \uc218 \uc788\ub2e4. \ubc18\ub300\ub85c \ub2ec\ub7ec \uac15\uc138\ub294 \ubbf8\uad6d \uc8fc\uc2dd\uc758 \uc0c1\ub300\uc801 \uac15\uc138\uac00 \uc774\uc5b4\uc9c8 \uac00\ub2a5\uc131\uc744 \ub192\uc778\ub2e4.<\/p>\n

\ub610 S&P500\uacfc ROW \uc9c0\uc218 \uac04 \uaca9\ucc28\ub97c \ud65c\uc6a9\ud558\ub294 \uc635\uc158 \uc804\ub7b5\ub3c4 \uace0\ub824\ud560 \ud544\uc694\uac00 \uc788\ub2e4. 2\ubd84\uae30 \uc2e4\uc801 \uc2dc\uc98c\uc774 \ubcf8\uaca9\ud654\ub418\uba74\uc11c, \ucd5c\uace0\uacbd\uc601\uc790(CEO)\uc758 \uac00\uc774\ub358\uc2a4(\ud5a5\ud6c4 \uc2e4\uc801\u00b7\uc804\ub9dd\uc5d0 \ub300\ud55c \ud68c\uc0ac\uc758 \uacf5\uc2dd \uc124\uba85)\uc5d0\uc11c \uacf5\uae09 \ucda9\uaca9(\uc6d0\uc790\uc7ac\u00b7\ubd80\ud488 \uc218\uae09 \ucc28\uc9c8 \ub4f1) \ub300\uc751\uacfc \ub9c8\uc9c4(\uc774\uc775\ub960) \ubc29\uc5b4\uac00 \uc2dc\uc7a5 \ubc29\ud5a5\uc744 \uc88c\uc6b0\ud560 \ud575\uc2ec \ubcc0\uc218\uac00 \ub420 \uc218 \uc788\ub2e4. \ubbf8\uad6d \uae30\uc5c5\uc758 \uc804\ub9dd\uc774 \uc57d\ud574\uc9c0\ub294 \uc2e0\ud638\uac00 \ub098\uc624\uba74 \ud574\uc678 \uc2dc\uc7a5\uc73c\ub85c\uc758 \uc790\uae08 \uc774\ub3d9(\ub85c\ud14c\uc774\uc158\u00b7\uc2dc\uc7a5 \uac04 \uc790\uae08 \uc7ac\ubc30\uce58)\uc774 \ube68\ub77c\uc9c8 \uc218 \uc788\ub2e4.<\/p>\n

\uc2e0\ud765\uad6d\uc740 \uc790\uad6d \ud1b5\ud654 \ubc29\uc5b4\ub97c \uc704\ud55c \uc911\uc559\uc740\ud589 \uac1c\uc785 \uc704\ud5d8\uc73c\ub85c \ub354 \ubcf5\uc7a1\ud558\ub2e4. \uc774\ub85c \uc778\ud574 \ud574\ub2f9 \uad6d\uac00\uc758 \ud604\uc9c0 \uae08\ub9ac(\uc790\uad6d \ud1b5\ud654 \uae30\uc900 \uae08\ub9ac)\uac00 \ub192\uc740 \uc218\uc900\uc73c\ub85c \uc720\uc9c0\ub418\uba74 \uc8fc\uac00\uc5d0 \ubd80\ub2f4(\ud5e4\ub4dc\uc708\ub4dc\u00b7\ubd80\uc815\uc801 \uc694\uc778)\uc774 \ub41c\ub2e4. \uacfc\uac70\uc5d0\ub3c4 2025\ub144\ucc98\ub7fc \ub2ec\ub7ec\uac00 \uac15\ud588\ub358 \uad6d\uba74\uc5d0\uc11c\ub294 \uc2e0\ud765\uad6d ETF\uc5d0 \ubd80\ub2f4\uc73c\ub85c \uc791\uc6a9\ud558\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc558\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\ub2ec\ub7ec\uac00 2\ubd84\uae30 \ubd84\uc0b0\ud22c\uc790 \u2018\ud0a4\u2019\ub85c \ubd80\uc0c1\ud588\ub2e4. BNY\ub294 \ub2ec\ub7ec\uc9c0\uc218\uc640 ROW \uc8fc\uc2dd\uc758 \ub192\uc740 \uc5f0\ub3d9, ECB \uae34\ucd95\u00b7\uc5f0\uc900 \uc644\ud654 \uae30\ub300 \ucc28\uc774\ub85c \uc720\ub85c \uac15\uc138\ub97c \uc9c0\ubaa9\ud588\ub2e4. \uc635\uc158\uc73c\ub85c \ub2ec\ub7ec\u00b7\ubbf8\uad6d-\ube44\ubbf8\uad6d \uad34\ub9ac \uacf5\ub7b5\ub3c4 \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-44913","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\/44913","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=44913"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/44913\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=44913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=44913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=44913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}