{"id":45039,"date":"2026-04-20T11:27:24","date_gmt":"2026-04-20T11:27:24","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/hsbc%ec%9e%90%ec%82%b0%ec%9a%b4%ec%9a%a9-%ec%9c%a0%ea%b0%80-%ec%b6%a9%ea%b2%a9%ec%97%90%eb%8f%84-%ea%b8%80%eb%a1%9c%eb%b2%8c-%ec%a7%80%ec%88%98-%ea%b2%ac%ec%a1%b0%ec%8b%a4%ec%a0%81\/"},"modified":"2026-04-20T11:27:24","modified_gmt":"2026-04-20T11:27:24","slug":"hsbc%ec%9e%90%ec%82%b0%ec%9a%b4%ec%9a%a9-%ec%9c%a0%ea%b0%80-%ec%b6%a9%ea%b2%a9%ec%97%90%eb%8f%84-%ea%b8%80%eb%a1%9c%eb%b2%8c-%ec%a7%80%ec%88%98-%ea%b2%ac%ec%a1%b0%ec%8b%a4%ec%a0%81","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/hsbc%ec%9e%90%ec%82%b0%ec%9a%b4%ec%9a%a9-%ec%9c%a0%ea%b0%80-%ec%b6%a9%ea%b2%a9%ec%97%90%eb%8f%84-%ea%b8%80%eb%a1%9c%eb%b2%8c-%ec%a7%80%ec%88%98-%ea%b2%ac%ec%a1%b0%ec%8b%a4%ec%a0%81\/","title":{"rendered":"HSBC\uc790\uc0b0\uc6b4\uc6a9 \u201c\uc720\uac00 \ucda9\uaca9\uc5d0\ub3c4 \uae00\ub85c\ubc8c \uc9c0\uc218 \uacac\uc870\u2026\uc2e4\uc801 \uac1c\uc120 \uc18d \ubc38\ub958\uc5d0\uc774\uc158\u00b7\uc704\ud5d8\ud504\ub9ac\ubbf8\uc5c4\ub3c4 \uac1c\uc120\u201d"},"content":{"rendered":"

\uae00\ub85c\ubc8c \uc8fc\uac00\uc9c0\uc218\ub294 \ucd5c\uadfc \uc720\uac00 \uae09\ub4f1(\uc624\uc77c \uc1fc\ud06c) \uad6d\uba74\uc5d0\uc11c\ub3c4 \ube44\uad50\uc801 \uacac\uc870\ud588\ub2e4. \ub2e4\ub9cc \uc6c0\uc9c1\uc784\uc758 \ud575\uc2ec\uc740 \uc9c0\uc218\uc758 \uac89\uc73c\ub85c \ub4dc\ub7ec\ub09c \uac00\uaca9\ubcf4\ub2e4 **\ubc38\ub958\uc5d0\uc774\uc158(\uae30\uc5c5\uac00\uce58 \ud3c9\uac00 \uc218\uc900)**\uacfc **\uc704\ud5d8 \ud504\ub9ac\ubbf8\uc5c4(\uc704\ud5d8\uc744 \uac10\uc218\ud558\ub294 \ub300\uac00\ub85c \uc694\uad6c\ub418\ub294 \ucd94\uac00 \uc218\uc775\ub960)**\uc5d0\uc11c \ub354 \ud06c\uac8c \ub098\ud0c0\ub0ac\ub2e4. \ubbf8\uad6d\uc5d0\uc11c\ub294 \uc8fc\uac00\uac00 \uc57d\ud574\uc9c4 \ubc18\uba74 **\uc774\uc775 \uc804\ub9dd(\ud5a5\ud6c4 \uae30\uc5c5\uc774 \ubc8c\uc5b4\ub4e4\uc77c \uac83\uc73c\ub85c \uc608\uc0c1\ub418\ub294 \uc774\uc775)**\uc774 \ub192\uc544\uc9c0\uba74\uc11c S&P500\uc758 **\ubc38\ub958\uc5d0\uc774\uc158 \ubc30\uc218(\uc8fc\uac00\ub97c \uc774\uc775\uc73c\ub85c \ub098\ub208 \uac12, PER)**\uac00 \ub0ae\uc544\uc84c\ub2e4.<\/p>\n

\ubbf8\uad6d \uc2dc\uc7a5\uc758 \ubc30\uc218\ub294 \uc57d 20\ubc30 \uc218\uc900\uc73c\ub85c \ub0b4\ub824\uc654\ub2e4. \uc774\ub294 1\ubd84\uae30(\uc2e4\uc801 \uc2dc\uc98c) \uae30\uc5c5 \uc2e4\uc801 \ubc1c\ud45c\uac00 \uac15\ud560 \uac83\uc774\ub77c\ub294 \uae30\ub300\uc640 2026\ub144 \uc774\uc775 \uc804\ub9dd \uc0c1\ud5a5\uc774 \ub4b7\ubc1b\uce68\ud588\ub2e4. **\uc774\uc775\uc218\uc775\ub960(\uc8fc\uac00 \ub300\ube44 \uc774\uc775\uc758 \ube44\uc728, PER\uc758 \uc5ed\uc218)**\uc740 **\uad6d\ucc44\uae08\ub9ac(\ucc44\uad8c \uc218\uc775\ub960)**\ubcf4\ub2e4 \ub354 \ube60\ub974\uac8c \uc0c1\uc2b9\ud588\ub2e4.<\/p>\n

\uc8fc\uc2dd \uc704\ud5d8 \ud504\ub9ac\ubbf8\uc5c4 \uc0c1\uc2b9<\/h3>\n

\ubbf8\uad6d **\uc2e4\uc9c8\uae08\ub9ac(\ubb3c\uac00 \uc0c1\uc2b9\ub960\uc744 \ubc18\uc601\ud55c \uae08\ub9ac)**\ub294 \uc7a5\uae30 **\ubb3c\uac00\uc5f0\ub3d9\uad6d\ucc44(TIPS\u00b7\ubb3c\uac00\uc5d0 \uc5f0\ub3d9\ub3fc \uc6d0\uae08\/\uc774\uc790\uac00 \uc870\uc815\ub418\ub294 \ubbf8\uad6d \uad6d\ucc44)**\ub97c \uae30\uc900\uc73c\ub85c \uc5f0\ucd08 \uc774\ud6c4 \uc57d 1.9% \uc218\uc900\uc5d0\uc11c \uc548\uc815\uc801\uc774\uc5c8\ub2e4. \uadf8 \uacb0\uacfc **\uc8fc\uc2dd \uc704\ud5d8 \ud504\ub9ac\ubbf8\uc5c4(\uc8fc\uc2dd \uae30\ub300\uc218\uc775\ub960\uc5d0\uc11c \ubb34\uc704\ud5d8 \uc218\uc775\ub960\uc744 \ube80 \uac12)**\uc774 \ud655\ub300\ub410\uace0, \uc77c\ubd80 \uc2e0\ud765\uad6d\uc5d0\uc11c\ub3c4 \uac19\uc740 \ud750\ub984\uc774 \ub098\ud0c0\ub0ac\ub2e4.<\/p>\n

\ud574\ub2f9 \uae00\uc740 \uc8fc\uac00 \ucc28\ud2b8\ub9cc \ubcf4\uba74 \uc798 \ubcf4\uc774\uc9c0 \uc54a\ub354\ub77c\ub3c4 **\uc8fc\uc2dd\uc758 \uae30\ub300\uc218\uc775\ub960(\uc55e\uc73c\ub85c \uae30\ub300\ub418\ub294 \ud3c9\uade0 \uc218\uc775)**\uc774 \ub192\uc544\uc84c\ub2e4\uace0 \uc124\uba85\ud55c\ub2e4. \ub610\ud55c AI \ub3c4\uad6c\ub85c \uc791\uc131\ud55c \ub4a4 \ud3b8\uc9d1\uc790\uac00 \uac80\uc218\ud588\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/p>\n

FXStreet Insights Team\uc740 \uc678\ubd80 \uc804\ubb38\uac00\uc758 \uc2dc\uc7a5 \uad00\ucc30\uc744 \uc120\ubcc4\ud558\uace0, \ub0b4\ubd80\u00b7\uc678\ubd80 \uc560\ub110\ub9ac\uc2a4\ud2b8\uc758 \ubd84\uc11d(\uc0c1\uc5c5\uc801 \ucf54\uba58\ud2b8 \ud3ec\ud568)\uc744 \ub354\ud574 \ub0b4\uc6a9\uc744 \uad6c\uc131\ud55c\ub2e4.<\/p>\n

\ucd5c\uadfc \uc624\uc77c \uc1fc\ud06c\ub97c \uac70\uce58\uba74\uc11c\ub3c4 \uae00\ub85c\ubc8c \uc8fc\uac00\uc9c0\uc218\ub294 \uc608\uc0c1\ubcf4\ub2e4 \uac15\ud588\ub2e4. \uc774\ub294 \uc2dc\uc7a5\uc774 \uc545\uc7ac\ub97c \uc0c1\ub2f9 \ubd80\ubd84 \ubc18\uc601\ud588\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uc8fc\uac00 \ud750\ub984\uc774 \uc544\uc9c1 \ucda9\ubd84\ud788 \ubcf4\uc5ec\uc8fc\uc9c0 \ubabb\ud558\ub354\ub77c\ub3c4, \uc8fc\uc2dd\uc758 \uae30\ucd08 \uc5ec\uac74\uc740 \uac1c\uc120\ub410\ub2e4\ub294 \ud310\ub2e8\uc774\ub2e4.<\/p>\n

\uc0c1\uc2b9\uc5d0 \ub300\ube44\ud55c \uc635\uc158 \uc804\ub7b5<\/h3>\n

S&P500\uc758 **\uc120\ud589 PER(\uc55e\uc73c\ub85c 12\uac1c\uc6d4 \uc608\uc0c1 \uc774\uc775 \uae30\uc900 PER)**\uc740 2025\ub144 \ub9d0 22\ubc30\ub97c \uc6c3\ub3cc\ub358 \uc218\uc900\uc5d0\uc11c \uc57d 20\ubc30\ub85c \ub0ae\uc544\uc84c\ub2e4. 2026\ub144 1\ubd84\uae30 \uc2e4\uc801 \uc2dc\uc98c \uc804\ub9dd\uc774 \uc591\ud638\ud55c \uac00\uc6b4\ub370, \ucd08\uae30 \ubc1c\ud45c \uae30\uc900\uc73c\ub85c \uc57d 78%\uc758 \uae30\uc5c5\uc774 \uc2dc\uc7a5\uc758 **\uc774\uc775 \ucd94\uc815\uce58(\uc2e4\uc801 \ucee8\uc13c\uc11c\uc2a4)**\ub97c \uc6c3\ub3cc\uc558\ub2e4. \uc8fc\uac00\uac00 \uc57d\ud574\uc84c\uc9c0\ub9cc \uc774\uc775 \uc804\ub9dd\uc774 \uac15\ud574\uc9c0\uba74\uc11c, \uba87 \ub2ec \uc804\ubcf4\ub2e4 \uc8fc\uc2dd\uc758 \ub9e4\ub825\uc740 \ucee4\uc84c\ub2e4\ub294 \uc124\uba85\uc774\ub2e4.<\/p>\n

\ud5a5\ud6c4 \uc218\uc775 \uc804\ub9dd\uc774 \uc88b\uc544\uc84c\ub2e4\ub294 \uc804\uc81c\uc5d0\uc11c, \ud5a5\ud6c4 \uc218\uc8fc \ub3d9\uc548\uc758 \uc0c1\uc2b9 \uac00\ub2a5\uc131\uc744 \ub178\ub9ac\uace0 \uad11\ubc94\uc704\ud55c \uc9c0\uc218\uc5d0 \ub300\ud55c **\ucf5c\uc635\uc158(\uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \uc0b4 \uc218 \uc788\ub294 \uad8c\ub9ac)** \ub9e4\uc218\ub97c \uace0\ub824\ud560 \uc218 \uc788\ub2e4\uace0 \uc81c\uc2dc\ud55c\ub2e4. 2022\ub144\ucc98\ub7fc \uc720\uac00 \ucda9\uaca9\uc774 \ubc1c\uc0dd\ud55c \ub4a4\uc5d0\ub294 \uc2dc\uc7a5\uc774 \ub300\uccb4\ub85c \uc548\uc815\ub418\uace0 \uae30\uc5c5 \uc774\uc775 \uac19\uc740 \uae30\ucd08 \uc694\uc778\uc5d0 \ub2e4\uc2dc \ucd08\uc810\uc744 \ub9de\ucd94\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc558\ub2e4\ub294 \uc810\uc744 \uadfc\uac70\ub85c \ub4e0\ub2e4.<\/p>\n

\uc8fc\uc2dd\uc774 \uae30\ub300\ud558\ub294 \uc218\uc775\uacfc \ucc44\uad8c\uae08\ub9ac \uc0ac\uc774\uc758 \uaca9\ucc28\ub3c4 \ud655\ub300\ub410\ub2e4. **\ubbf8\uad6d 10\ub144\ubb3c \uad6d\ucc44\uae08\ub9ac**\uac00 4.6% \uadfc\ucc98\uc5d0 \uc788\uc5b4\ub3c4, \uc8fc\uc2dd\uc758 \uc774\uc775\uc218\uc775\ub960\uc774 \ub354 \ub192\uc740 **\ud504\ub9ac\ubbf8\uc5c4(\ucd94\uac00 \uc218\uc775 \uc5ec\uc9c0)**\uc744 \uc81c\uacf5\ud574 \ubc38\ub958\uc5d0\uc774\uc158\uc758 \uc644\ucda9 \uc5ed\ud560\uc744 \ud55c\ub2e4\ub294 \uc8fc\uc7a5\uc774\ub2e4. \uc774\uc5d0 \ub530\ub77c \uc6b0\ub7c9 \uc885\ubaa9\uc744 \ub300\uc0c1\uc73c\ub85c **\ud604\uae08\ub2f4\ubcf4 \ud48b \ub9e4\ub3c4(\ud48b\uc635\uc158\uc744 \ud314\ub418, \uc8fc\uc2dd \ub9e4\uc218\uc5d0 \ud544\uc694\ud55c \ud604\uae08\uc744 \ud655\ubcf4\ud574 \ub450\ub294 \uc804\ub7b5)** \ub610\ub294 **\ud48b \ud06c\ub808\ub527 \uc2a4\ud504\ub808\ub4dc(\ud589\uc0ac\uac00\uac00 \ub2e4\ub978 \ud48b\uc635\uc158\uc744 \ud568\uaed8 \ub9e4\ub3c4\u00b7\ub9e4\uc218\ud574 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ubc1b\ub294 \uc81c\ud55c\uc190\uc2e4 \uc804\ub7b5)**\uac00 \ub9e4\ub825\uc801\uc778 \uc218\uc775 \uc804\ub7b5\uc774 \ub420 \uc218 \uc788\ub2e4\uace0 \uc124\uba85\ud55c\ub2e4. \uc774\ub294 **\uc2dc\uac04\uac00\uce58 \uc18c\uba78(\ub9cc\uae30 \uc811\uadfc\uc73c\ub85c \uc635\uc158 \uac00\uce58\uac00 \uc904\uc5b4\ub4dc\ub294 \ud604\uc0c1)**\uacfc \uc2dc\uc7a5 \uc548\uc815\uc5d0\uc11c \ub3d9\uc2dc\uc5d0 \uc774\uc775\uc744 \ubcfc \uc218 \uc788\ub2e4\ub294 \ub17c\ub9ac\ub2e4.<\/p>\n

\ubcc0\ub3d9\uc131\ub3c4 \uae30\ud68c\ub85c \uc81c\uc2dc\ub410\ub2e4. **VIX(\ubbf8\uad6d S&P500 \uc635\uc158 \uac00\uaca9\uc5d0\uc11c \uacc4\uc0b0\ud558\ub294 \ubcc0\ub3d9\uc131 \uc9c0\uc218, \u2018\uacf5\ud3ec\uc9c0\uc218\u2019\ub85c \ubd88\ub9bc)**\ub294 2026\ub144 2\uc6d4 \uacf5\uae09 \ucc28\uc9c8 \uc6b0\ub824\ub85c 25\ub97c \ub118\uacbc\uc9c0\ub9cc \uc774\ud6c4 17 \uc548\ud30e\uc758 \uc548\uc815 \uad6c\uac04\uc73c\ub85c \ub0b4\ub824\uc654\ub2e4. \uc2dc\uc7a5\uc758 \uacfc\ub3c4\ud55c \uacf5\ud3ec\uac00 \uc9c0\ub098\uac14\uace0 \ub354 \ucc28\ubd84\ud55c \uc5ec\uac74\uc774 \uc774\uc5b4\uc9c8 \uac83\uc774\ub77c\ub294 \uac00\uc815 \uc544\ub798 **\ubcc0\ub3d9\uc131 \ub9e4\ub3c4(\uc635\uc158 \ud504\ub9ac\ubbf8\uc5c4\uc744 \ubc1b\uace0 \ubcc0\ub3d9\uc131\uc774 \ub0ae\uc544\uc9c0\uac70\ub098 \uc720\uc9c0\ub418\ub294 \uc0c1\ud669\uc5d0\uc11c \uc720\ub9ac\ud55c \uc804\ub7b5)**\ub97c \ud65c\uc6a9\ud560 \uc218 \uc788\ub2e4\ub294 \ub0b4\uc6a9\uc774\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\uc624\uc77c \uc1fc\ud06c\uc5d0\ub3c4 \uae00\ub85c\ubc8c \uc99d\uc2dc\ub294 \uacac\uc870. \ubbf8\uad6d\uc120 \uc8fc\uac00 \uc57d\uc138\ubcf4\ub2e4 \uc774\uc775 \uc804\ub9dd \uc0c1\ud5a5\uc774 \ud575\uc2ec\uc774\uba70 S&P500 \uc120\ud589PER 20\ubc30\ub85c \ub0ae\uc544\uc838 \uc704\ud5d8\ud504\ub9ac\ubbf8\uc5c4 \ud655\ub300. \ucf5c \ub9e4\uc218\u00b7\ud48b \ub9e4\ub3c4 \ub4f1 \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-45039","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\/45039","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=45039"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/45039\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=45039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=45039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=45039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}