{"id":47022,"date":"2026-05-19T14:17:58","date_gmt":"2026-05-19T14:17:58","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%ec%98%81%ea%b5%ad-%ea%b3%a0%ec%9a%a9%ec%a7%80%ed%91%9c-%eb%91%94%ed%99%94%eb%a1%9c-boe-%ea%b8%88%eb%a6%ac%ec%9d%b8%ec%83%81-%eb%b2%a0%ed%8c%85-%ec%95%bd%ed%99%94%ed%8c%8c%ec%9a%b4%eb%93%9c\/"},"modified":"2026-05-19T14:17:58","modified_gmt":"2026-05-19T14:17:58","slug":"%ec%98%81%ea%b5%ad-%ea%b3%a0%ec%9a%a9%ec%a7%80%ed%91%9c-%eb%91%94%ed%99%94%eb%a1%9c-boe-%ea%b8%88%eb%a6%ac%ec%9d%b8%ec%83%81-%eb%b2%a0%ed%8c%85-%ec%95%bd%ed%99%94%ed%8c%8c%ec%9a%b4%eb%93%9c","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%ec%98%81%ea%b5%ad-%ea%b3%a0%ec%9a%a9%ec%a7%80%ed%91%9c-%eb%91%94%ed%99%94%eb%a1%9c-boe-%ea%b8%88%eb%a6%ac%ec%9d%b8%ec%83%81-%eb%b2%a0%ed%8c%85-%ec%95%bd%ed%99%94%ed%8c%8c%ec%9a%b4%eb%93%9c\/","title":{"rendered":"\uc601\uad6d \uace0\uc6a9\uc9c0\ud45c \ub454\ud654\ub85c BOE \uae08\ub9ac\uc778\uc0c1 \ubca0\ud305 \uc57d\ud654\u2026\ud30c\uc6b4\ub4dc \ud558\ub77d\uc5d0\ub3c4 \uc2a4\uc651 \uae08\ub9ac \ubc18\uc601\uc740 \uace0\uacf5\ud589\uc9c4"},"content":{"rendered":"

GBP\/USD\ub294 \uc601\uad6d \uace0\uc6a9\uc2dc\uc7a5\uc774 \uc608\uc0c1\ubcf4\ub2e4 \uc57d\ud558\ub2e4\ub294 \uc9c0\ud45c\uac00 \ub098\uc624\uba74\uc11c \uc601\ub780\uc740\ud589(BoE)\uc758 \ucd94\uac00 \uae08\ub9ac \uc778\uc0c1 \uae30\ub300\uac00 \ub0ae\uc544\uc84c\uace0, \uc774\uc5d0 \ub530\ub77c \uc77c\ubd80 \uc0c1\uc2b9\ubd84\uc744 \ubc18\ub0a9\ud588\ub2e4. \uc2e4\uc5c5\ub960\uc740 3\uc6d4\uc5d0 \uc804\uc6d4 \ub300\ube44 0.1%\ud3ec\uc778\ud2b8(ppt, \ud37c\uc13c\ud2b8\ud3ec\uc778\ud2b8) \uc62c\ub77c 5.0%\ub97c \uae30\ub85d\ud588\ub2e4(\uc2dc\uc7a5 \uc608\uc0c1: 4.9%).<\/p>\n

\uae09\uc5ec \uae30\ubc18 \uace0\uc6a9(payroll employment, \uae09\uc5ec\ub97c \ubc1b\ub294 \uadfc\ub85c\uc790 \uc218\ub85c \uc9d1\uacc4\ud55c \uace0\uc6a9 \uc9c0\ud45c)\uc740 4\uc6d4\uc5d0 10\ub9cc\uba85 \uac10\uc18c\ud588\ub2e4(\uc608\uc0c1: -1\ub9cc\uba85, 3\uc6d4: -2\ub9cc8000\uba85). \uc774\ub294 2020\ub144 5\uc6d4 \uc774\ud6c4 \ucd5c\ub300 \uc6d4\uac04 \uac10\uc18c\ud3ed\uc774\ub2e4. \uc774\ubc88 \uc9c0\ud45c\ub294 \uae30\uc5c5\uc758 \uc2e0\uaddc \ucc44\uc6a9 \uc218\uc694\uac00 \uc57d\ud574\uc9c0\uace0, \ub178\ub3d9\uc2dc\uc7a5\uc5d0 \uc5ec\uc720(\uc2ac\ub799, \uad6c\uc778 \uc218\uc694 \ub300\ube44 \uad6c\uc9c1 \uc5ec\uac74\uc774 \ub290\uc2a8\ud574\uc9c0\ub294 \uc0c1\ud0dc)\uac00 \ucee4\uc9c0\uace0 \uc788\uc74c\uc744 \uc2dc\uc0ac\ud55c\ub2e4.<\/p>\n

\uc2dc\uc7a5 \ud658\uacbd\uacfc \ud30c\uc6b4\ub4dc\ud654(\uc2a4\ud138\ub9c1) \ub9ac\uc2a4\ud06c<\/h3>\n

\ubbfc\uac04 \ubd80\ubb38 \uc815\uae30\uc784\uae08 \uc0c1\uc2b9\ub960(\ubcf4\ub108\uc2a4\ub97c \uc81c\uc678\ud55c \uae30\ubcf8\uae09 \uc99d\uac00\uc728\uc744 \ub73b\ud568)\uc740 3\uc6d4\uc5d0 \uc804\ub144 \ub300\ube44 3.0%\ub85c \ub454\ud654\ud588\ub2e4(\uc608\uc0c1: 3.1%). 2\uc6d4(3.2%)\ubcf4\ub2e4 \ub0ae\uc73c\uba70, 2020\ub144 10\uc6d4 \uc774\ud6c4 \uac00\uc7a5 \ub290\ub9b0 \uc784\uae08 \uc0c1\uc2b9\uc774\ub2e4. \ub610\ud55c BoE\uac00 1\ubd84\uae30(Q1)\uc5d0 \uc81c\uc2dc\ud55c \uc804\ub9dd\uce58 3.5%\ub3c4 \ubc11\ub3cc\uc558\ub2e4.<\/p>\n

\uae08\ub9ac \uc2a4\uc640\ud504(swaps, \uace0\uc815\uae08\ub9ac\uc640 \ubcc0\ub3d9\uae08\ub9ac\ub97c \uad50\ud658\ud558\ub294 \ud30c\uc0dd\uc0c1\ud488\uc73c\ub85c \uc2dc\uc7a5\uc758 \uc815\ucc45\uae08\ub9ac \uae30\ub300\ub97c \ubc18\uc601)\ub294 \ud5a5\ud6c4 12\uac1c\uc6d4 \ub3d9\uc548 BoE\uac00 \uc57d 75bp(\ubca0\uc774\uc2dc\uc2a4\ud3ec\uc778\ud2b8, 0.01%\ud3ec\uc778\ud2b8) \uae08\ub9ac\ub97c \uc62c\ub824 4.50%\uae4c\uc9c0 \uac08 \uac00\ub2a5\uc131\uc744 \uc5ec\uc804\ud788 \ubc18\uc601\ud558\uace0 \uc788\ub2e4. BoE\ub294 2026\ub144 \uc0dd\uc0b0\uac2d(output gap, \uc2e4\uc81c \uacbd\uc81c \uaddc\ubaa8\uac00 \uc7a0\uc7ac GDP \ub300\ube44 \uc5b4\ub290 \uc815\ub3c4 \uc704\u00b7\uc544\ub798\uc5d0 \uc788\ub294\uc9c0 \ub098\ud0c0\ub0b4\ub294 \uc9c0\ud45c)\uc774 \uc7a0\uc7ac GDP \ub300\ube44 -1.5%~-1.7%\uc758 \ub9c8\uc774\ub108\uc2a4(\uc218\uc694\uac00 \uc7a0\uc7ac\ub825\ubcf4\ub2e4 \uc57d\ud55c \uc0c1\ud0dc)\uc77c \uac83\uc73c\ub85c \ucd94\uc815\ud55c\ub2e4.<\/p>\n

2026-05-19T13:48:42.264Z<\/p>\n

\uac70\ub798 \uc544\uc774\ub514\uc5b4\uc640 \ub9ac\uc2a4\ud06c \uad00\ub9ac<\/h3>\n

\uc601\uad6d \uacbd\uc81c \ub370\uc774\ud130\uac00 \uc57d\ud574\uc9c0\ub294 \uac00\uc6b4\ub370 \uc2dc\uc7a5\uc758 BoE \uae08\ub9ac \uc778\uc0c1 \uae30\ub300\uac00 \ub192\uac8c \uc720\uc9c0\ub418\ub294 \ud750\ub984\uc774 \uc774\uc5b4\uc9c0\uace0 \uc788\ub2e4. \uc774\ub7f0 \ud658\uacbd\uc5d0\uc11c\ub294 GBP\/USD \ud558\ub77d\uc5d0 \ub300\ube44\ud55c \ud3ec\uc9c0\uc158\uc774 \uac70\ub860\ub41c\ub2e4.<\/p>\n

\ud2b8\ub808\uc774\ub354\ub294 GBP\/USD \ud48b\uc635\uc158(put option, \uc815\ud574\uc9c4 \uac00\uaca9\uc5d0 \ud314 \uc218 \uc788\ub294 \uad8c\ub9ac\ub85c \ud658\uc728 \ud558\ub77d \uc2dc \uc774\uc775)\uc744 \ub9e4\uc218\ud558\ub294 \ubc29\uc548\uc744 \uace0\ub824\ud560 \uc218 \uc788\ub2e4. \uc635\uc158 \ud504\ub9ac\ubbf8\uc5c4(\uad8c\ub9ac \ube44\uc6a9)\ub9cc\ud07c \uc190\uc2e4\uc774 \uc81c\ud55c\ub41c\ub2e4\ub294 \uc810\uc5d0\uc11c \uc704\ud5d8\uc774 \uba85\ud655\ud558\ub2e4.<\/p>\n

\uae08\ub9ac \ucabd\uc5d0\uc11c\ub294 SONIA \uc120\ubb3c(\uc601\uad6d \ubb34\ub2f4\ubcf4 \uc775\uc77c \uae08\ub9ac\uc778 SONIA\ub97c \uae30\uc900\uc73c\ub85c \ud55c \uae08\ub9ac \uc120\ubb3c)\uc5d0\uc11c \uc2dc\uc7a5\uc774 \ubc18\uc601\ud558\ub294 \ubbf8\ub798 \uae08\ub9ac\uac00 \ub0b4\ub824\uac08 \uac00\ub2a5\uc131\uc5d0 \ubca0\ud305\ud558\ub294 \uc804\ub7b5\uc774 \uc5b8\uae09\ub41c\ub2e4. \uc774\ub294 BoE\uac00 \uc2dc\uc7a5 \uae30\ub300\ub9cc\ud07c \uacf5\uaca9\uc801\uc73c\ub85c \uae08\ub9ac\ub97c \uc62c\ub9ac\uc9c0 \ubabb\ud560 \uc218 \uc788\ub2e4\ub294 \uc2dc\ub098\ub9ac\uc624\uc5d0 \uc9c1\uc811 \ud22c\uc790\ud558\ub294 \ubc29\uc2dd\uc774\ub2e4.<\/p>\n

\ubcc0\ub3d9\uc131\uc774 \ucee4\uc9c8 \uc218 \uc788\ub2e4\ub294 \uc810\uc744 \uac10\uc548\ud558\uba74 \ubca0\uc5b4 \ud48b \uc2a4\ud504\ub808\ub4dc(bear put spread, \ub192\uc740 \ud589\uc0ac\uac00 \ud48b\uc744 \uc0ac\uace0 \ub0ae\uc740 \ud589\uc0ac\uac00 \ud48b\uc744 \ud314\uc544 \ube44\uc6a9\uc744 \uc904\uc774\ub294 \ub300\uc2e0 \uc774\uc775\ub3c4 \uc81c\ud55c\ud558\ub294 \uc635\uc158 \uc870\ud569) \uac19\uc740 \uc635\uc158 \uc2a4\ud504\ub808\ub4dc\ub97c \ud65c\uc6a9\ud574 \ube44\uc6a9\uc744 \ub0ae\ucd94\ub418 \uc190\uc775 \uad6c\uc870(\ub9ac\uc2a4\ud06c-\ub9ac\ud134)\ub97c \uba85\ud655\ud788 \ud558\ub294 \ubc29\ubc95\ub3c4 \uc81c\uc2dc\ub41c\ub2e4.<\/p>\n","protected":false},"excerpt":{"rendered":"

\ud30c\uc6b4\ub4dc, \uace0\uc6a9 \uc1fc\ud06c\uc5d0 \uc0c1\uc2b9\ubd84 \ubc18\ub0a9\u2014\uc2e4\uc5c5\ub960 5.0%\u00b7\uae09\uc5ec\uace0\uc6a9 10\ub9cc\uba85 \uae09\uac10\uc73c\ub85c BoE \ucd94\uac00 \uc778\uc0c1 \uae30\ub300 \ud6c4\ud1f4. GBP\/USD \ud558\ubc29 \ub9ac\uc2a4\ud06c \ud655\ub300, \ud48b\uc635\uc158\u00b7SONIA \ud558\ub77d \ubca0\ud305 \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-47022","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\/47022","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=47022"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/47022\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=47022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=47022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=47022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}