{"id":45711,"date":"2026-04-28T21:51:55","date_gmt":"2026-04-28T21:51:55","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%86%8c%ec%8b%9c%ec%97%90%ed%85%8c%ec%a0%9c%eb%84%a4%eb%9e%84-%eb%b8%8c%eb%a0%8c%ed%8a%b8%ec%9c%a0-110%eb%8b%ac%eb%9f%ac-%ec%83%81%ed%9a%8c-%ec%8b%9c-%eb%8b%ac%eb%9f%ac%c2%b7%ea%b5%ad\/"},"modified":"2026-04-28T21:51:55","modified_gmt":"2026-04-28T21:51:55","slug":"%ec%86%8c%ec%8b%9c%ec%97%90%ed%85%8c%ec%a0%9c%eb%84%a4%eb%9e%84-%eb%b8%8c%eb%a0%8c%ed%8a%b8%ec%9c%a0-110%eb%8b%ac%eb%9f%ac-%ec%83%81%ed%9a%8c-%ec%8b%9c-%eb%8b%ac%eb%9f%ac%c2%b7%ea%b5%ad","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%86%8c%ec%8b%9c%ec%97%90%ed%85%8c%ec%a0%9c%eb%84%a4%eb%9e%84-%eb%b8%8c%eb%a0%8c%ed%8a%b8%ec%9c%a0-110%eb%8b%ac%eb%9f%ac-%ec%83%81%ed%9a%8c-%ec%8b%9c-%eb%8b%ac%eb%9f%ac%c2%b7%ea%b5%ad\/","title":{"rendered":"\uc18c\uc2dc\uc5d0\ud14c\uc81c\ub124\ub784 \u201c\ube0c\ub80c\ud2b8\uc720 110\ub2ec\ub7ec \uc0c1\ud68c \uc2dc \ub2ec\ub7ec\u00b7\uad6d\ucc44\uae08\ub9ac \uc0c1\uc2b9\u2026\uc774\ub780 \ud575\ud611\uc0c1, \ud604\uc0c1 \ubcf5\uc6d0 \uaca8\ub0e5\u201d"},"content":{"rendered":"

\ube0c\ub80c\ud2b8\uc720\ub294 \ubc30\ub7f4\ub2f9 110\ub2ec\ub7ec\ub97c \ub118\uc5b4 111\ub2ec\ub7ec \uc548\ud30e\uc5d0\uc11c \uac70\ub798\ub410\ub2e4. \uc774\ub780 \uad00\ub828 \ub300\ud654\ub294 \ud604\uc0c1(\uae30\uc874 \uc0c1\ud0dc) \ubcf5\uc6d0\uacfc, \ud1b5\ud589 \uc81c\ud55c\uc774\ub098 \ud1b5\ud589\ub8cc(\ud1b5\uacfc \ube44\uc6a9) \uc5c6\uc774 \ud638\ub974\ubb34\uc988 \ud574\ud611\uc744 \ub2e4\uc2dc \uac1c\ubc29\ud558\ub294 \ub370 \ucd08\uc810\uc774 \ub9de\ucdb0\uc84c\ub2e4\uace0 \uc804\ud574\uc84c\ub2e4.<\/p>\n

\ube0c\ub80c\ud2b8\uc720\uac00 108\ub2ec\ub7ec \uc704\ub85c \uc7ac\uc9c4\uc785\ud55c \ub4a4 110\ub2ec\ub7ec\ub97c \ub3cc\ud30c\ud588\ub2e4. \uc720\uac00 \uc0c1\uc2b9\uc740 \ub2ec\ub7ec \uac15\uc138\uc640 \uad6d\ucc44\uae08\ub9ac \uc0c1\uc2b9\uacfc \uc5f0\ub3d9\ub410\ub2e4\ub294 \ubd84\uc11d\uc774\ub2e4.<\/p>\n

Market Drivers And Geopolitical Risk<\/h3>\n

\ubcc4\ub3c4 \uba54\ubaa8\uc5d0\uc11c\ub294 \ud2b8\ub7fc\ud504 \ub300\ud1b5\ub839\uc774 \uad6d\uac00\uc548\ubcf4 \ub2f9\uad6d\uc790\ub4e4\uacfc \ud68c\ub3d9\ud55c \ub4a4, \uc774\ub780\uc758 \u2018\ubd84\uc7c1 \uc885\ub8cc\u2019 \uc81c\uc548\uc744 \uc218\uc6a9\ud560 \uac00\ub2a5\uc131\uc774 \ub0ae\ub2e4\uace0 \ubc1d\ud614\ub2e4. \ub610 \ube0c\ub80c\ud2b8\uc720\uac00 108\ub2ec\ub7ec\ub97c \ud68c\ubcf5\ud55c \uc774\uc804 \uc7a5\uc5d0\uc11c\ub294 \ub2ec\ub7ec\uac00 G10 \ud1b5\ud654(\ubbf8\uad6d \ub2ec\ub7ec\ub97c \uc81c\uc678\ud55c \uc8fc\uc694 10\uac1c \uc120\uc9c4\uad6d \ud1b5\ud654) \ub300\ube44 \uc57d\uc138\ub97c \ubcf4\uc600\ub2e4\ub294 \uc810\ub3c4 \uc5b8\uae09\ud588\ub2e4.<\/p>\n

\ud574\ub2f9 \uae00\uc740 \uc720\uac00\uac00 \ucd94\uac00\ub85c \uc624\ub974\uba74 \u2018\uc704\ud5d8\uc790\uc0b0\u2019(\uc8fc\uc2dd \ub4f1 \uac00\uaca9 \ubcc0\ub3d9\uc774 \ud070 \uc790\uc0b0)\uc5d0\uc11c \ucc28\uc775\uc2e4\ud604(\uc218\uc775\uc744 \ud655\uc815\ud558\ub824\ub294 \ub9e4\ub3c4)\uc774 \ub098\ud0c0\ub098 \uc8fc\uac00 \ud750\ub984\uc774 \ub454\ud654\ub420 \uc218 \uc788\ub2e4\uace0 \uc9c0\uc801\ud588\ub2e4. \ub610 \uc804\ub9dd \uae30\uac04 \ub9d0\uc5d0\ub294 \uc720\uac00\uac00 \ubc30\ub7f4\ub2f9 70~80\ub2ec\ub7ec\ub85c \ub0b4\ub824\uac04\ub2e4\ub294 \uc804\uc81c\ub97c \ud3ec\ud568\ud588\ub2e4.<\/p>\n

\uc774 \uae30\uc0ac\ub294 \uc778\uacf5\uc9c0\ub2a5(AI\u00b7\uc0ac\ub78c\uc774 \ucc98\ub9ac\ud558\ub358 \uc791\uc5c5\uc744 \ucef4\ud4e8\ud130\uac00 \ud559\uc2b5\ud574 \uc218\ud589\ud558\ub294 \uae30\uc220) \ub3c4\uad6c\ub85c \uc791\uc131\ub410\uace0, \ud3b8\uc9d1\uc790\uac00 \uac80\ud1a0\ud588\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/p>\n

\ube0c\ub80c\ud2b8\uc720\uac00 \ubc30\ub7f4\ub2f9 94\ub2ec\ub7ec\ub97c \ud5a5\ud558\uba74\uc11c 2025\ub144 110\ub2ec\ub7ec\ub97c \ub118\uacbc\ub358 \uae09\ub4f1\uc744 \ub5a0\uc62c\ub9ac\uac8c \ud55c\ub2e4\ub294 \ud3c9\uac00\uac00 \ub098\uc628\ub2e4. \uc774\ubc88 \uc0c1\uc2b9\uc740 \ub2ec\ub7ec \uac15\uc138\ub97c \ub2e4\uc2dc \uc9c0\uc9c0\ud558\uace0 \uc788\uc73c\uba70, \ub2ec\ub7ec \uc778\ub371\uc2a4(DXY\u00b7\uc8fc\uc694 \ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec \uac00\uce58\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\ud45c)\ub294 105.5\ub85c \uc218\uac1c\uc6d4\ub798 \uace0\uc810\uc744 \uae30\ub85d\ud588\ub2e4. \ud2b8\ub808\uc774\ub354(\ub2e8\uae30 \ub9e4\ub9e4\uc790) \uc785\uc7a5\uc5d0\uc11c\ub294 \uc720\uac00\uac00 \ub354 \uc624\ub97c \uacbd\uc6b0 \ub9e4\ub3c4\uc138\uac00 \ucd09\ubc1c\ub420 \uc218 \uc788\uc5b4 \uc704\ud5d8\uc790\uc0b0\uc5d0 \ub300\ud55c \uacbd\uacc4\uac00 \ud544\uc694\ud558\ub2e4\ub294 \uc2e0\ud638\ub85c \ud574\uc11d\ub41c\ub2e4.<\/p>\n

Hedging And Positioning Ideas<\/h3>\n

\uc720\uac00 \uc0c1\uc2b9\uc740 \uad6d\ucc44\uae08\ub9ac\ub97c \uc9c1\uc811 \ub04c\uc5b4\uc62c\ub9ac\uace0 \uc788\uc73c\uba70, \ubbf8\uad6d 10\ub144\ubb3c \uad6d\ucc44\uae08\ub9ac\ub294 4.5% \ubd80\uadfc\uc5d0\uc11c \uc6c0\uc9c1\uc774\uace0 \uc788\ub2e4. \uc774\ub2ec\uc5d0\ub9cc 30bp(\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8\u00b7\uae08\ub9ac 0.01%\ud3ec\uc778\ud2b8) \uc0c1\uc2b9\ud588\ub2e4. 2025\ub144\uacfc \ub9c8\ucc2c\uac00\uc9c0\ub85c \uc5d0\ub108\uc9c0 \uac00\uaca9\uc758 \uace0\uacf5\ud589\uc9c4\uc740 \uacbd\uc81c\uc5d0 \u2018\uc0ac\uc2e4\uc0c1 \uc138\uae08\u2019\ucc98\ub7fc \uc791\uc6a9\ud574 \uae30\uc5c5 \uc2e4\uc801\uacfc \uc18c\ube44\ub97c \uc555\ubc15\ud558\uace0, \uc8fc\uc2dd\uc2dc\uc7a5 \uc0c1\uc2b9 \ub3d9\ub825\uc744 \uc57d\ud654\uc2dc\ud0ac \uc218 \uc788\ub2e4. S&P500 \uc9c0\uc218\ub294 \ucd5c\uadfc \uace0\uc810 \ub300\ube44 2%\uac00\ub7c9 \uc870\uc815\uc744 \ubc1b\uc73c\uba70 \uc57d\uc138 \uc2e0\ud638\ub97c \ubcf4\uc600\ub2e4.<\/p>\n

\uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 \uc8fc\uc2dd \ubcf4\uc720(\ub871 \ud3ec\uc9c0\uc158\u00b7\uac00\uaca9 \uc0c1\uc2b9\uc5d0 \ubca0\ud305\ud55c \ud3ec\uc9c0\uc158)\ub97c \ubc29\uc5b4\ud558\ub294 \uc804\ub7b5\uc774 \ud569\ub9ac\uc801\uc774\ub77c\ub294 \uc81c\uc548\uc774 \ub098\uc628\ub2e4. VIX \ucf5c\uc635\uc158(VIX\u00b7\ubcc0\ub3d9\uc131\uc9c0\uc218 \uc0c1\uc2b9 \uc2dc \uc774\uc775\uc774 \ub098\ub294 \ub9e4\uc218\uad8c)\uc774\ub098, SPY \uac19\uc740 \uc8fc\uc694 \uc9c0\uc218 ETF\uc5d0 \ub300\ud55c \uc678\uac00\uaca9 \ud48b\uc635\uc158(out-of-the-money put\u00b7\ud604\uc7ac \uac00\uaca9\ubcf4\ub2e4 \ub0ae\uc740 \ud589\uc0ac\uac00\uc758 \ub9e4\ub3c4\uad8c)\uc744 \ub9e4\uc218\ud558\uba74 \ube44\uc6a9 \ubd80\ub2f4\uc744 \ube44\uad50\uc801 \ub0ae\ucd94\uba74\uc11c \ucc28\uc775\uc2e4\ud604 \ud655\ub300\uc5d0 \ub300\ube44\ud560 \uc218 \uc788\ub2e4\ub294 \uc124\uba85\uc774\ub2e4. \uc720\uac00\uac00 \uc2e0\uace0\uac00\ub97c \uc704\ud611\ud558\uba74 \uc8fc\uc2dd\uc2dc\uc7a5 \ubcc0\ub3d9\uc131\uc774 \ucee4\uc9c8 \uc218 \uc788\ub2e4\ub294 \uac00\uc815\uc5d0 \uae30\ubc18\ud55c \uc804\ub7b5\uc774\ub2e4.<\/p>\n

\uc720\uac00\ubc1c \ubd88\ud655\uc2e4\uc131 \uad6d\uba74\uc5d0\uc11c \uac15\uc138\ub97c \ubcf4\uc774\uae30 \uc26c\uc6b4 \ub2ec\ub7ec\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5\ub3c4 \uac70\ub860\ub410\ub2e4. \ud638\uc8fc\ub2ec\ub7ec\ub098 \uce90\ub098\ub2e4\ub2ec\ub7ec\ucc98\ub7fc \uc6d0\uc790\uc7ac\uc640 \uc5f0\ub3d9\ub418\ub294 \ud1b5\ud654(\uc0c1\ud488 \ud1b5\ud654) \ub300\ube44 \ub2ec\ub7ec \ucf5c\uc635\uc158(\ub2ec\ub7ec \uac15\uc138 \uc2dc \uc774\uc775\uc774 \ub098\ub294 \ub9e4\uc218\uad8c)\uc744 \ub9e4\uc218\ud574 \uc774\ub7f0 \uad00\uacc4\ub97c \ud65c\uc6a9\ud560 \uc218 \uc788\ub2e4\ub294 \uac83\uc774\ub2e4. 2025\ub144 \uc774\ub780 \uae34\uc7a5 \uad6d\uba74\uc5d0\uc11c\ub3c4 \ub2ec\ub7ec \uac15\uc138\uac00 \ub69c\ub837\ud588\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\ube0c\ub80c\ud2b8\uc720 110\ub2ec\ub7ec \ub3cc\ud30c\u2026\ud638\ub974\ubb34\uc988 \ub9ac\uc2a4\ud06c\u00b7\uc774\ub780 \ud611\uc0c1 \ubd88\ud655\uc2e4\uc131\uc5d0 \ub2ec\ub7ec\u00b7\uae08\ub9ac \ub3d9\ubc18 \uae09\ub4f1. \uc704\ud5d8\uc790\uc0b0 \ucc28\uc775\uc2e4\ud604 \uacbd\uacc4 \ucee4\uc838 VIX\ucf5c\u00b7\uc9c0\uc218 \ud48b, \uc0c1\ud488\ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec \ucf5c\ub85c \ubc29\uc5b4 \ud544\uc694. \uc720\uac00 70~80\ub2ec\ub7ec \ud558\ub77d \uc804\uc81c.<\/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-45711","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\/45711","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=45711"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/45711\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=45711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=45711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=45711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}