\ubbf8\uad6d\uc758 \ub728\uac70\uc6b4 \uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc0c1\uc2b9) \uc9c0\ud45c\uac00 \ub2ec\ub7ec\uc640 \ubbf8 \uad6d\ucc44 \uc218\uc775\ub960(\uae08\ub9ac)\uc744 \ub04c\uc5b4\uc62c\ub838\ub2e4. 4\uc6d4 \uc0dd\uc0b0\uc790\ubb3c\uac00\uc9c0\uc218(PPI\u00b7\uae30\uc5c5\uc774 \ud310\ub9e4\ud558\ub294 \ub2e8\uacc4\uc758 \uac00\uaca9)\ub294 \uc804\uc6d4 \ub300\ube44 1.4%, \uc804\ub144 \ub300\ube44 6.0% \uc0c1\uc2b9\ud588\ub2e4. \uc55e\uc11c \uc18c\ube44\uc790\ubb3c\uac00\uc9c0\uc218(CPI\u00b7\uac00\uacc4\uac00 \uccb4\uac10\ud558\ub294 \ubb3c\uac00)\uac00 \uc608\uc0c1\ubcf4\ub2e4 \ub192\uac8c \ub098\uc628 \ub370 \uc774\uc5b4, \uc0c1\ud488\uacfc \uc11c\ube44\uc2a4 \uc804\ubc18\uc5d0\uc11c \ubb3c\uac00 \uc555\ub825\uc774 \ub113\uac8c \ub098\ud0c0\ub0ac\ub2e4\ub294 \ud3c9\uac00\ub2e4.<\/p>\n
\ub2e4\ub9cc \uad6d\ucc44 \uae08\ub9ac\uac00 \uc62c\ub790\ub294\ub370\ub3c4 \ub2ec\ub7ec\uc778\ub371\uc2a4(DXY\u00b7\uc8fc\uc694 6\uac1c \ud1b5\ud654 \ub300\ube44 \ub2ec\ub7ec\uc758 \uac15\uc138\ub97c \ub098\ud0c0\ub0b4\ub294 \uc9c0\uc218) \uc0c1\uc2b9\ud3ed\uc740 \uc81c\ud55c\uc801\uc774\uc5c8\ub2e4. \uc2dc\uc7a5\uc774 \uc774\ubbf8 \uc0c1\ub2f9 \ubd80\ubd84\uc758 \uc778\ud50c\ub808\uc774\uc158 \uc704\ud5d8\uc744 \uac00\uaca9\uc5d0 \ubc18\uc601\ud588\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \ud5a5\ud6c4 \ubc1c\ud45c \uc77c\uc815\uc73c\ub85c\ub294 \uc2e0\uaddc \uc2e4\uc5c5\uc218\ub2f9 \uccad\uad6c\uac74\uc218(\uace0\uc6a9 \ub454\ud654 \uc5ec\ubd80\ub97c \ubcf4\uc5ec\uc8fc\ub294 \uc8fc\uac04 \uc9c0\ud45c), \uc218\uc785\u00b7\uc218\ucd9c\ubb3c\uac00\uc9c0\uc218(\ub300\uc678 \uac70\ub798 \ubb3c\uac00 \ud750\ub984), \uc18c\ub9e4\ud310\ub9e4(\uc18c\ube44 \ub3d9\ub825)\uac00 \uc788\ub2e4.<\/p>\n
\ub2ec\ub7ec\ub294 \uc870\uc815(\ud558\ub77d) \uc2dc\uc5d0\ub3c4 \uc5b4\ub290 \uc815\ub3c4 \ubc84\ud2f8 \uc218 \uc788\uc9c0\ub9cc, \ub69c\ub837\ud55c \ucd94\uac00 \uc0c1\uc2b9\uc744 \uc704\ud574\uc11c\ub294 \ub354 \uac15\ud55c \ubbf8\uad6d \uacbd\uae30\uc9c0\ud45c, \ubb3c\uac00\uc758 \u20182\ucc28 \ud30c\uae09\ud6a8\uacfc\u2019(\uc784\uae08\u00b7\uc11c\ube44\uc2a4 \uac00\uaca9\uc73c\ub85c \ubc88\uc9c0\ub294 \ud604\uc0c1) \ud655\uc778, \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed\u00b7\ubbf8 \uc911\uc559\uc740\ud589)\uc758 \ubcf4\ub2e4 \uc9c1\uc811\uc801\uc778 \uac15\uacbd \uba54\uc2dc\uc9c0, \ub610\ub294 \uc704\ud5d8\uc790\uc0b0 \ud68c\ud53c \uc2ec\ub9ac \ud655\ub300\uac00 \ud544\uc694\ud558\ub2e4\ub294 \ubd84\uc11d\uc774\ub2e4. \uc720\uac00\uac00 \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud558\ub294 \uc810\ub3c4 \uc804\ubc18\uc801\uc778 \ubb3c\uac00 \uc555\ub825\uc744 \ud0a4\uc6b0\ub294 \uc694\uc778\uc73c\ub85c \uac70\ub860\ub41c\ub2e4.<\/p>\n
\ucf00\ube48 \uc6cc\uc2dc\uac00 \ucc28\uae30 \uc5f0\uc900 \uc758\uc7a5\uc73c\ub85c \ud655\uc815\ub418\uba74\uc11c \ucd08\uae30 \uc815\ucc45 \uc2e0\ud638\ub97c \ub458\ub7ec\uc2fc \ubd88\ud655\uc2e4\uc131\ub3c4 \ucee4\uc84c\ub2e4. CPI\uc640 PPI\uac00 \ubaa8\ub450 \uac15\ud558\uac8c \ub098\uc624\uace0 \uc2dc\uc7a5\uc774 \uae08\ub9ac \uc778\uc0c1 \uac00\ub2a5\uc131\uc744 \uc77c\ubd80 \ub2e4\uc2dc \ubc18\uc601(\u2018\uc778\uc0c1 \ub9ac\uc2a4\ud06c \uc7ac\ubc18\uc601\u2019)\ud558\uba74\uc11c, \uc774\ub978 \uc2dc\uc810\uc758 \uae08\ub9ac \uc778\ud558 \uc804\ud658 \uae30\ub300\ub294 \uc57d\ud654\ub410\ub2e4.<\/p>\n
DXY\ub294 98.50 \ubd80\uadfc\uc5d0\uc11c \uac70\ub798\ub410\ub2e4. \uc800\ud56d\uc120\uc740 98.70\uacfc 99.00, \uc9c0\uc9c0\uc120\uc740 98.10\uacfc 97.50~97.60\uc73c\ub85c \uc81c\uc2dc\ub41c\ub2e4.<\/p>\n
4\uc6d4 \uc18c\ube44\uc790\ubb3c\uac00\uc640 \uc0dd\uc0b0\uc790\ubb3c\uac00\uac00 \ubaa8\ub450 \u2018\uc608\uc0c1\ubcf4\ub2e4 \ub192\uc740 \uc218\uc900\u2019\uc73c\ub85c \ub098\uc624\uba74\uc11c, \ub2ec\ub7ec\uc778\ub371\uc2a4\uac00 \ubc14\ub2e5\uc744 \ub2e4\uc9c0\ub294 \ud750\ub984\uc774 \ub098\ud0c0\ub09c\ub2e4\ub294 \uc2dc\uac01\uc774\ub2e4. 4\uc6d4 CPI \uc804\uc6d4 \ub300\ube44 0.6% \uc0c1\uc2b9\uacfc 10\ub144\ubb3c \ubbf8 \uad6d\ucc44 \uc218\uc775\ub960\uc774 4.75%\uae4c\uc9c0 \uc0c1\uc2b9\ud55c \uc810\uc740 \ubb3c\uac00 \uc555\ub825\uc774 \uc27d\uac8c \uaebe\uc774\uc9c0 \uc54a\uace0 \uc788\uc74c\uc744 \ubcf4\uc5ec\uc900\ub2e4. \uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 \uc5f0\uc900\uc774 \u2018\ub9e4\ud30c\uc801\u2019(\ubb3c\uac00 \uc5b5\uc81c\ub97c \uc704\ud574 \uae08\ub9ac\ub97c \uc27d\uac8c \ub0b4\ub9ac\uae30 \uc5b4\ub824\uc6b4 \ud0dc\ub3c4)\uc73c\ub85c \uae30\uc6b8 \uc218\ubc16\uc5d0 \uc5c6\uc5b4, \ub2e8\uae30\uac04\uc5d0 \ub2ec\ub7ec\uac00 \ud06c\uac8c \uc57d\uc138\ub85c \uc804\ud658\ub420 \uac00\ub2a5\uc131\uc740 \ub0ae\ub2e4\ub294 \ud3c9\uac00\ub2e4.<\/p>\n
\uc778\ud50c\ub808\uc774\uc158 \uc704\ud5d8\uc774 \uc0c1\ub2f9 \ubd80\ubd84 \uc774\ubbf8 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \ub9cc\ud07c, \ub2ec\ub7ec\ub294 99.00 \uc800\ud56d\uc120\uc744 \ub6ab\uae30 \uc5b4\ub835\ub2e4\ub294 \uad00\uce21\ub3c4 \ub098\uc628\ub2e4. \ud5a5\ud6c4 \uc218\uc8fc \ub3d9\uc548\uc740 \ubc15\uc2a4\uad8c(\uc77c\uc815 \ubc94\uc704 \ub0b4 \ub4f1\ub77d) \uc7a5\uc138\uac00 \uc720\ub825\ud558\uba70, 2025\ub144\uc5d0 \ub098\ud0c0\ub0ac\ub358 \uae09\uaca9\ud55c \ubc29\ud5a5\uc131(\ud55c\ucabd\uc73c\ub85c \uac15\ud558\uac8c \uc6c0\uc9c1\uc774\ub294) \uc7a5\uc138\uc640\ub294 \ub2e4\ub978 \ud750\ub984\uc774\ub77c\ub294 \ubd84\uc11d\uc774\ub2e4. \ud30c\uc0dd\uc0c1\ud488(\uc635\uc158\u00b7\uc120\ubb3c \ub4f1 \uae30\ucd08\uc790\uc0b0 \uac00\uaca9\uc5d0 \uc5f0\ub3d9\ub418\ub294 \uc0c1\ud488) \ud22c\uc790\uc790 \uad00\uc810\uc5d0\uc11c\ub294 \u2018\ubcc0\ub3d9\uc131 \ub9e4\ub3c4\u2019(\uac00\uaca9\uc774 \ud06c\uac8c \ud754\ub4e4\ub9ac\uc9c0 \uc54a\uc744 \ub54c \ud504\ub9ac\ubbf8\uc5c4\uc744 \ubc1b\uace0 \ud3ec\uc9c0\uc158\uc744 \uad6c\ucd95\ud558\ub294 \ubc29\uc2dd) \uc804\ub7b5\uc744 \uac80\ud1a0\ud560 \uc218 \uc788\ub2e4. \uc608\ub97c \ub4e4\uc5b4 \uc20f \uc2a4\ud2b8\ub7ad\uae00(short strangle\u00b7\ucf5c\uc635\uc158\uacfc \ud48b\uc635\uc158\uc744 \uac01\uac01 \uc678\uac00\uaca9\uc73c\ub85c \ub9e4\ub3c4\ud574 \ubc94\uc704 \uc7a5\uc138\uc5d0\uc11c \ud504\ub9ac\ubbf8\uc5c4\uc744 \ub178\ub9ac\ub294 \uc804\ub7b5)\uc740 \uc608\uc0c1 \ubc94\uc704(97.50~99.00) \ubc14\uae65\uc5d0 \ud589\uc0ac\uac00(\uad8c\ub9ac\ud589\uc0ac \uac00\uaca9)\ub97c \ub450\ub294 \ubc29\uc2dd\uc774 \uac70\ub860\ub41c\ub2e4.<\/p>\n
\ubc18\ub300\ub85c 98.10, \ub098\uc544\uac00 97.50 \uc9c0\uc9c0\uc120 \ubd80\uadfc\uc73c\ub85c \ubc00\ub9b4 \uacbd\uc6b0 \u2018\uc81c\ud55c\ub41c \uc704\ud5d8\u2019\uc73c\ub85c \ub2ec\ub7ec \uac15\uc138\uc5d0 \ubca0\ud305\ud558\ub294 \uc811\uadfc\ub3c4 \uc81c\uc2dc\ub41c\ub2e4. \ucf5c \uc2a4\ud504\ub808\ub4dc(call spread\u00b7\ub0ae\uc740 \ud589\uc0ac\uac00 \ucf5c \ub9e4\uc218\uc640 \ub192\uc740 \ud589\uc0ac\uac00 \ucf5c \ub9e4\ub3c4\ub97c \uacb0\ud569\ud574 \ube44\uc6a9\uacfc \uc704\ud5d8\uc744 \uc904\uc774\ub294 \uc804\ub7b5)\ub294 \ud070 \ub3cc\ud30c\uac00 \uc5c6\uc5b4\ub3c4 \ubc18\ub4f1\uc5d0 \uc62c\ub77c\ud0c8 \uc218 \uc788\uace0, \uc9c0\uc9c0\uc120 \ubd95\uad34 \uc2dc \uc190\uc2e4 \ubc94\uc704\uac00 \ube44\uad50\uc801 \uba85\ud655\ud558\ub2e4\ub294 \uc810\uc5d0\uc11c \ub300\uc548\uc73c\ub85c \uc5b8\uae09\ub41c\ub2e4.<\/p>\n
\ud55c\ud3b8 \ub2ec\ub7ec\uac00 \uc0c1\uc2b9\uc744 \uc774\uc5b4\uac00\uc9c0 \ubabb\ud558\ub294 \uc810, \ud2b9\ud788 4\uc6d4 \uc18c\ub9e4\ud310\ub9e4\uac00 \uc804\uc6d4 \ub300\ube44 0.2% \uc99d\uac00\uc5d0 \uadf8\uce58\uba70 \uae30\ub300\uc5d0 \ubabb \ubbf8\uce5c \uc810\uc744 \uac10\uc548\ud558\uba74 98.70~99.00 \uad6c\uac04\uc740 \uc57d\uc138 \ubca0\ud305\uc744 \uc2dc\uc791\ud558\ub294 \uad6c\uac04\uc73c\ub85c \uc81c\uc2dc\ub41c\ub2e4. DXY\uac00 \uc0c1\ub2e8\uc5d0 \uc811\uadfc\ud560 \ub54c \ud48b\uc635\uc158(\ud558\ub77d\uc5d0 \ubca0\ud305\ud558\ub294 \uc635\uc158) \ub610\ub294 \ud48b \uc2a4\ud504\ub808\ub4dc(\ud48b\uc635\uc158\uc744 \uc870\ud569\ud574 \ube44\uc6a9\uacfc \uc704\ud5d8\uc744 \uc904\uc774\ub294 \uc804\ub7b5)\ub97c \ud65c\uc6a9\ud558\uba74, \ubc15\uc2a4\uad8c \ub0b4 \ub418\ub3cc\ub9bc \ud558\ub77d\uc5d0\uc11c \uc218\uc775\uc744 \ub178\ub9b4 \uc218 \uc788\ub2e4\ub294 \ub17c\ub9ac\ub2e4. \uc774\ub294 \ub2ec\ub7ec\uc758 \ub2e8\uae30 \uc0c1\uc2b9 \uc5ec\ub825\uc744 \uc81c\ud55c\ud558\ub294 \uac15\ud55c \uc800\ud56d\uc774 \uc874\uc7ac\ud55c\ub2e4\ub294 \ud310\ub2e8\uc744 \ubc18\uc601\ud55c\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"
\ubbf8 CPI\u00b7PPI \u2018\uc11c\ud504\ub77c\uc774\uc988\u2019\uc5d0 \ubbf8 \uad6d\ucc44\uae08\ub9ac \uae09\ub4f1, \ub2ec\ub7ec\ub294 98\ub300 \ubc15\uc2a4\uad8c. \uc778\ud50c\ub808 \ub9ac\uc2a4\ud06c \uc120\ubc18\uc601\uc5d0 99 \ub3cc\ud30c \ub09c\ud56d\u2026\ud5a5\ud6c4 \uc9c0\ud45c\u00b7\uc5f0\uc900 \ub9e4\ud30c \uc2e0\ud638\uac00 \ubd84\uae30\uc810. \uc635\uc158\uc804\ub7b5 \uc8fc\ubaa9.<\/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-46696","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\/46696","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=46696"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/46696\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=46696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=46696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=46696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}