{"id":44984,"date":"2026-04-18T04:53:19","date_gmt":"2026-04-18T04:53:19","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/dbs-%ec%a4%91%eb%8f%99-%eb%b6%84%ec%9f%81%ec%97%90-%eb%94%b0%eb%a5%b8-%ec%88%98%ec%9e%85-%ec%97%90%eb%84%88%ec%a7%80-%eb%b9%84%ec%9a%a9-%ec%83%81%ec%8a%b9%ec%9c%bc%eb%a1%9c-%ec%8b%b1%ea%b0%80\/"},"modified":"2026-04-18T04:53:19","modified_gmt":"2026-04-18T04:53:19","slug":"dbs-%ec%a4%91%eb%8f%99-%eb%b6%84%ec%9f%81%ec%97%90-%eb%94%b0%eb%a5%b8-%ec%88%98%ec%9e%85-%ec%97%90%eb%84%88%ec%a7%80-%eb%b9%84%ec%9a%a9-%ec%83%81%ec%8a%b9%ec%9c%bc%eb%a1%9c-%ec%8b%b1%ea%b0%80","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/dbs-%ec%a4%91%eb%8f%99-%eb%b6%84%ec%9f%81%ec%97%90-%eb%94%b0%eb%a5%b8-%ec%88%98%ec%9e%85-%ec%97%90%eb%84%88%ec%a7%80-%eb%b9%84%ec%9a%a9-%ec%83%81%ec%8a%b9%ec%9c%bc%eb%a1%9c-%ec%8b%b1%ea%b0%80\/","title":{"rendered":"DBS, \uc911\ub3d9 \ubd84\uc7c1\uc5d0 \ub530\ub978 \uc218\uc785 \uc5d0\ub108\uc9c0 \ube44\uc6a9 \uc0c1\uc2b9\uc73c\ub85c \uc2f1\uac00\ud3ec\ub974 2026\ub144 3\uc6d4 \ubb3c\uac00 \uc0c1\uc2b9 \uc804\ub9dd"},"content":{"rendered":"<p>DBS\uadf8\ub8f9 \ub9ac\uc11c\uce58\ub294 2026\ub144 3\uc6d4 \uc2f1\uac00\ud3ec\ub974 \ubb3c\uac00\uc0c1\uc2b9\ub960\uc774 \uadfc\uc6d0\ubb3c\uac00(\ubcc0\ub3d9\uc131\uc774 \ud070 \ud56d\ubaa9\uc744 \uc81c\uc678\ud574 \ucd94\uc138\ub97c \ubcf4\ub294 \uc9c0\ud45c) \uae30\uc900 \uc804\ub144 \ub3d9\uc6d4 \ub300\ube44 1.6%, \uc804\uccb4\ubb3c\uac00(\uc77c\ubc18\uc801\uc73c\ub85c \uc18c\ube44\uc790\ubb3c\uac00, CPI) \uae30\uc900 1.8%\ub85c \uc0c1\uc2b9\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ud588\ub2e4. 2\uc6d4(\uadfc\uc6d0 1.4%, \uc804\uccb4 1.2%)\ubcf4\ub2e4 \ub192\uc740 \uc218\uc900\uc774\ub2e4.<\/p>\n<p>\ubcf4\uace0\uc11c\ub294 \uc911\ub3d9 \ubd84\uc7c1 \uc774\ud6c4 \uc218\uc785 \uc5d0\ub108\uc9c0 \ube44\uc6a9\uc774 \ub298\uc5b4\ub09c \uc810\uc744 \uc0c1\uc2b9 \uc694\uc778\uc73c\ub85c \uc9c0\ubaa9\ud588\ub2e4. \uae00\ub85c\ubc8c \uc6d0\uc720(\ud06c\ub8e8\ub4dc), \uc815\uc720\uc81c\ud488(\ud718\ubc1c\uc720\u00b7\uacbd\uc720 \ub4f1), \uac00\uc2a4 \uac00\uaca9\uc774 \uae09\ub4f1\ud588\ub2e4\ub294 \uc124\uba85\uc774\ub2e4.<\/p>\n<h3>Inflation Drivers And Near Term Implications<\/h3>\n<p>\ud3ec\uc778\ud2b8 \ud22c \ud3ec\uc778\ud2b8 \uad50\ud1b5\uc11c\ube44\uc2a4(\ucd9c\ubc1c\uc9c0\uc5d0\uc11c \ub3c4\ucc29\uc9c0\uae4c\uc9c0 \ubc14\ub85c \uc774\ub3d9\ud558\ub294 \uc11c\ube44\uc2a4, \ud0dd\uc2dc\u00b7\ucc28\ub7c9\ud638\ucd9c \ub4f1), \ud56d\uacf5\uc5ec\ud589 \uc11c\ube44\uc2a4(\ud56d\uacf5\uad8c \uac00\uaca9 \uc0c1\uc2b9 \uc601\ud5a5), \ubbfc\uac04 \uad50\ud1b5(\uac1c\uc778 \ucc28\ub7c9 \uad00\ub828 \ube44\uc6a9)\uc5d0\uc11c \uac00\uaca9 \uc0c1\uc2b9\uc774 \uc608\uc0c1\ub41c\ub2e4. \ubc18\uba74 \uc804\uae30\u00b7\uac00\uc2a4 \uc694\uae08\uacfc \uc2dd\ub8cc\ud488 \ubb3c\uac00\ub294 \ub2f9\ubd84\uac04 \ube44\uad50\uc801 \uc548\uc815\uc801\uc774\ub77c\uace0 \ubcf4\uace0\uc11c\ub294 \ubc1d\ud614\ub2e4.<\/p>\n<p>\ud574\ub2f9 \uae30\uc0ac\ub294 \uc778\uacf5\uc9c0\ub2a5(AI\u00b7\uc0ac\ub78c\ucc98\ub7fc \ubb38\uc7a5\uc744 \ub9cc\ub4e4\uace0 \uc815\ubcf4\ub97c \uc694\uc57d\ud558\ub294 \uc18c\ud504\ud2b8\uc6e8\uc5b4) \ub3c4\uad6c\uc758 \ub3c4\uc6c0\uc744 \ubc1b\uc544 \uc791\uc131\ub410\uc73c\uba70, \ud3b8\uc9d1\uc790\uac00 \uac80\ud1a0\ud588\ub2e4\uace0 \uc5b8\uae09\ud588\ub2e4.<\/p>\n<p>\uc911\ub3d9 \ubd84\uc7c1\uc73c\ub85c \ucd09\ubc1c\ub41c \uc5d0\ub108\uc9c0 \uac00\uaca9 \ucda9\uaca9\uc774 3\uc6d4 \ubb3c\uac00\uc5d0 \ubc18\uc601\ub418\uba70 \ucd08\uae30 \ucda9\uaca9\uc744 \ud655\uc778\ud574 \uc904 \uac83\uc73c\ub85c \uc608\uc0c1\ub41c\ub2e4. \uc9c0\ub09c\ub2ec \ube0c\ub80c\ud2b8\uc720(\uad6d\uc81c \uc720\uac00 \ub300\ud45c \uc9c0\ud45c)\uac00 \ubc30\ub7f4\ub2f9 98\ub2ec\ub7ec\ub97c \uc6c3\ub3cc\uba70 2\uc6d4 \ub300\ube44 \ud06c\uac8c \uc624\ub978 \ub9cc\ud07c, \uc774\ub7f0 \ud750\ub984\uc740 \uc608\uace0\ub41c \uc218\uc21c\uc774\uc5c8\ub2e4. \uc774\ubc88 \uc218\uce58\ub294 \ud5a5\ud6c4 \ubb3c\uac00 \uc555\ub825\uc774 \uc5bc\ub9c8\ub098 \uc9c0\uc18d\ub420\uc9c0 \ud3c9\uac00\ud558\ub294 \ub370 \uae30\uc900\uc810\uc774 \ub420 \uc804\ub9dd\uc774\ub2e4.<\/p>\n<p>\uc774\ub7f0 \ubb3c\uac00 \ud658\uacbd\uc744 \uac10\uc548\ud558\uba74 \uc2f1\uac00\ud3ec\ub974 \ud1b5\ud654\uccad(MAS\u00b7\uc2f1\uac00\ud3ec\ub974 \uc911\uc559\uc740\ud589 \uc5ed\ud560 \uae30\uad00)\uc774 \ub2e4\uc74c \ud1b5\ud654\uc815\ucc45 \uac80\ud1a0\uc5d0\uc11c \ub9e4\ud30c\uc801(\ubb3c\uac00 \uc5b5\uc81c\ub97c \uc704\ud574 \uae34\ucd95\u00b7\uae08\ub9ac \uc778\uc0c1\uc5d0 \ub354 \uc801\uadf9\uc801\uc778 \uc131\ud5a5) \uae30\uc870\ub85c \uae30\uc6b8 \uc218 \uc788\ub2e4\ub294 \uad00\uce21\uc774 \ub098\uc628\ub2e4. \ub2e8\uae30 \uae08\ub9ac \uc0c1\uc2b9\uc5d0 \ub300\ube44\ud55c \ud3ec\uc9c0\uc154\ub2dd\uc774 \uc720\ud6a8\ud558\ub2e4\ub294 \uc758\ubbf8\ub2e4. \ud22c\uc790\uc790\ub4e4\uc740 SORA \uc120\ubb3c(SORA\u00b7\uc2f1\uac00\ud3ec\ub974 \ubb34\uc704\ud5d8 \ub2e8\uae30\uae08\ub9ac \uc9c0\ud45c\ub97c \uae30\ucd08\ub85c \ud55c \uae08\ub9ac \ud30c\uc0dd\uc0c1\ud488)\uc744 \uc0b4\ud3b4\ubcfc \ud544\uc694\uac00 \uc788\uc73c\uba70, \uc2dc\uc7a5\uc774 S$NEER \uc815\ucc45\ubc34\ub4dc(\uc2f1\uac00\ud3ec\ub974\ub2ec\ub7ec \uba85\ubaa9\uc2e4\ud6a8\ud658\uc728\uc744 \uc77c\uc815 \ubc94\uc704\uc5d0\uc11c \uad00\ub9ac\ud558\ub294 MAS\uc758 \ud658\uc728 \uc815\ucc45 \ud2c0)\uc758 \ub354 \uac00\ud30c\ub978 \uc808\uc0c1(\uac15\uc138) \uac00\ub2a5\uc131\uc744 \uac00\uaca9\uc5d0 \ubc18\uc601\ud560 \uc218 \uc788\ub2e4\ub294 \ubd84\uc11d\uc774\ub2e4.<\/p>\n<h3>Derivative Positioning Across Rates And FX<\/h3>\n<p>\uc2f1\uac00\ud3ec\ub974\uc758 \ud1b5\ud654\uc815\ucc45 \ud575\uc2ec \uc218\ub2e8\uc774 \ud658\uc728\uc778 \ub9cc\ud07c, \ud1b5\ud654 \ud30c\uc0dd\uc0c1\ud488(\ud658\uc728 \ubcc0\ub3d9\uc5d0 \uc5f0\ub3d9\ub418\ub294 \uc635\uc158\u00b7\uc120\ubb3c \ub4f1)\uc5d0\uc11c\ub3c4 \uae30\ud68c\uac00 \uc0dd\uae34\ub2e4\ub294 \uc124\uba85\uc774\ub2e4. \uae34\ucd95 \uc131\ud5a5\uc740 \ud1b5\uc0c1 \uc2f1\uac00\ud3ec\ub974\ub2ec\ub7ec(SGD)\ub97c \uad50\uc5ed \uc0c1\ub300\uad6d \ud1b5\ud654 \ub300\ube44 \uac15\uc138\ub85c \uc774\ub048\ub2e4. 2022\ub144 MAS \uae34\ucd95 \uad6d\uba74\uc5d0\uc11c SGD\uac00 \uc758\ubbf8 \uc788\uac8c \uac15\uc138\ub97c \ubcf4\uc600\ub358 \uc810\uc744 \uace0\ub824\ud558\uba74, SGD\/\ub2ec\ub7ec\uc5d0\uc11c \ucf5c\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac)\uc744 \ub9e4\uc218\ud558\ub294 \uc804\ub7b5\uc774 \uc704\ud5d8 \ub300\ube44 \uae30\ub300\uc218\uc775 \uce21\uba74\uc5d0\uc11c \uc720\ub9ac\ud560 \uc218 \uc788\ub2e4\ub294 \uacac\ud574\ub2e4.<\/p>\n<p>\ubb3c\uac00 \uc0c1\uc2b9\uc758 \uadfc\ubcf8 \uc694\uc778\uc740 \uc5ec\uc804\ud788 \uc5d0\ub108\uc9c0 \uc2dc\uc7a5\uc774\uba70, \ubd88\ud655\uc2e4\uc131\ub3c4 \uc9c0\uc18d\ub418\uace0 \uc788\ub2e4. \uc9c0\uc815\ud559\uc801 \uae34\uc7a5(\uad6d\uac00 \uac04 \uac08\ub4f1)\uc774 \uc774\uc5b4\uc9c0\ub294 \ud55c \uacf5\uae09 \ucc28\uc9c8 \uc704\ud5d8\uc774 \ub192\uc544 \uac00\uaca9 \ubcc0\ub3d9\uc131(\uac00\uaca9\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\ub294 \uc815\ub3c4)\ub3c4 \uacc4\uc18d\ub420 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4. \uc774\uc5d0 \ub530\ub77c \ud5a5\ud6c4 \uba87 \ub2ec \ub9cc\uae30\uc758 \ube0c\ub80c\ud2b8\uc720 \uc120\ubb3c \ucf5c\uc635\uc158\uc744 \ub9e4\uc218\ud574 \uae09\ub4f1 \uac00\ub2a5\uc131\uc5d0 \ub178\ucd9c\ub418\uba74\uc11c\ub3c4 \uc190\uc2e4 \ubc94\uc704\ub97c \uc81c\ud55c\ud558\ub294 \uc811\uadfc\uc774 \ud569\ub9ac\uc801\uc774\ub77c\ub294 \ubd84\uc11d\uc774 \uc81c\uc2dc\ub410\ub2e4.<\/p>\n<p>\uc8fc\uc2dd\uc2dc\uc7a5 \uce21\uba74\uc5d0\uc11c\ub294 \uc5c5\uc885 \uac04 \uc131\uacfc \ucc28\ubcc4\ud654\uac00 \ub098\ud0c0\ub0a0 \uc218 \uc788\ub2e4. \uc5f0\ub8cc\ube44 \uc0c1\uc2b9\uacfc \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131\uc740 \uc2f1\uac00\ud3ec\ub974\ud56d\uacf5 \uac19\uc740 \uc6b4\uc1a1\uc8fc\uc640 \ub9ac\uce20(REITs\u00b7\ubd80\ub3d9\uc0b0 \ud22c\uc790\uc2e0\ud0c1, \uc784\ub300\uc218\uc775\uacfc \uc790\uc0b0\uac00\uce58\uc5d0 \uae08\ub9ac \uc601\ud5a5\uc774 \ud070 \uc0c1\ud488) \ub4f1 \uae08\ub9ac \ubbfc\uac10 \uc5c5\uc885\uc5d0 \ubd80\ub2f4\uc774 \ub420 \uc218 \uc788\ub2e4. \uc774\uc5d0 \ud574\ub2f9 \uc5c5\uc885\uc5d0 \ud48b\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \ud314 \uc218 \uc788\ub294 \uad8c\ub9ac) \ub9e4\uc218\ub97c \uac80\ud1a0\ud558\ub294 \ud55c\ud3b8, \uc218\ud61c\uac00 \uae30\ub300\ub418\ub294 \ud604\uc9c0 \uc5d0\ub108\uc9c0 \uae30\uc5c5\uc740 \ub9e4\uc218(\ub871) \ud3ec\uc9c0\uc158\uc744 \uace0\ub824\ud560 \uc218 \uc788\ub2e4\uace0 \ubd24\ub2e4.<\/p>\n<p>\uc2dc\uc7a5 \ubd88\ud655\uc2e4\uc131\uc774 \ud070 \ub9cc\ud07c \ubcc0\ub3d9\uc131 \uc790\uccb4\uac00 \uac70\ub798 \ub300\uc0c1\uc774 \ub420 \uc218 \uc788\ub2e4\ub294 \ud3c9\uac00\ub2e4. \ubc29\ud5a5\uacfc \ubb34\uad00\ud558\uac8c \ud070 \uac00\uaca9 \uc6c0\uc9c1\uc784\uc5d0\uc11c \uc218\uc775\uc744 \ub178\ub9ac\ub294 \uc804\ub7b5\uc774 \uc720\ub9ac\ud558\ub2e4\ub294 \uc758\ubbf8\ub2e4. \uc774\uc5d0 \uc2a4\ud2b8\ub808\uc774\uce20 \ud0c0\uc784\uc2a4 \uc9c0\uc218(STI\u00b7\uc2f1\uac00\ud3ec\ub974 \ub300\ud45c \uc8fc\uac00\uc9c0\uc218) \uc635\uc158\uc744 \ud65c\uc6a9\ud55c \uc2a4\ud2b8\ub798\ub4e4(\uac19\uc740 \ud589\uc0ac\uac00\u00b7\ub9cc\uae30\uc758 \ucf5c\uc635\uc158\uacfc \ud48b\uc635\uc158\uc744 \ub3d9\uc2dc\uc5d0 \ub9e4\uc218\ud574 \ud070 \ubcc0\ub3d9\uc744 \ub178\ub9ac\ub294 \uc804\ub7b5) \ub4f1\uc744 \ud1b5\ud574 \ud5a5\ud6c4 \uc218\uc8fc\uac04 \ud655\ub300\ub420 \uc218 \uc788\ub294 \uc2dc\uc7a5 \ubcc0\ub3d9\uc5d0 \ub300\uc751\ud558\ub294 \ubc29\uc548\uc744 \uac80\ud1a0\ud558\uace0 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/p>\n<p><b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">VT Markets \uc2e4\uacc4\uc88c \uac1c\uc124<\/a>\u00a0\ud6c4\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">\uac70\ub798 \uc2dc\uc791<\/a>\u00a0<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201c\uc911\ub3d9\ubc1c \uc5d0\ub108\uc9c0 \uc1fc\ud06c, \uc2f1\uac00\ud3ec\ub974 \ubb3c\uac00 \uc7ac\uc810\ud654?\u201d DBS\ub294 2026\ub144 3\uc6d4 \uadfc\uc6d0 1.6%\u00b7CPI 1.8%\ub85c \uc0c1\uc2b9 \uc804\ub9dd. MAS \ub9e4\ud30c \uc804\ud658, SORA\u00b7SGD\u00b7\uc720\uac00 \uc635\uc158 \uc804\ub7b5 \ubd80\uac01.<\/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-44984","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\/44984","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=44984"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/44984\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=44984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=44984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=44984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}