{"id":48217,"date":"2026-03-02T17:43:34","date_gmt":"2026-03-02T17:43:34","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr\/uncategorized\/%eb%b8%8c%eb%9d%bc%ec%a7%88%ec%9d%98-sp-%ea%b8%80%eb%a1%9c%eb%b2%8c-%ec%a0%9c%ec%a1%b0%ec%97%85-pmi%eb%8a%94-2%ec%9b%94%ec%97%90-47%ec%97%90%ec%84%9c-47-3%ec%9c%bc%eb%a1%9c-%ec%83%81%ec%8a%b9\/"},"modified":"2026-03-02T17:43:34","modified_gmt":"2026-03-02T17:43:34","slug":"%eb%b8%8c%eb%9d%bc%ec%a7%88%ec%9d%98-sp-%ea%b8%80%eb%a1%9c%eb%b2%8c-%ec%a0%9c%ec%a1%b0%ec%97%85-pmi%eb%8a%94-2%ec%9b%94%ec%97%90-47%ec%97%90%ec%84%9c-47-3%ec%9c%bc%eb%a1%9c-%ec%83%81%ec%8a%b9","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%b8%8c%eb%9d%bc%ec%a7%88%ec%9d%98-sp-%ea%b8%80%eb%a1%9c%eb%b2%8c-%ec%a0%9c%ec%a1%b0%ec%97%85-pmi%eb%8a%94-2%ec%9b%94%ec%97%90-47%ec%97%90%ec%84%9c-47-3%ec%9c%bc%eb%a1%9c-%ec%83%81%ec%8a%b9\/","title":{"rendered":"\ube0c\ub77c\uc9c8\uc758 S&#038;P \uae00\ub85c\ubc8c \uc81c\uc870\uc5c5 PMI\ub294 2\uc6d4\uc5d0 47\uc5d0\uc11c 47.3\uc73c\ub85c \uc0c1\uc2b9\ud574 \uc5ec\uac74\uc774 \uac1c\uc120\ub418\uc5c8\uc74c\uc744 \uc2dc\uc0ac\ud588\ub2e4."},"content":{"rendered":"\ube0c\ub77c\uc9c8\uc758 S&#038;P \uae00\ub85c\ubc8c \uc81c\uc870\uc5c5 \uad6c\ub9e4\uad00\ub9ac\uc790\uc9c0\uc218(PMI, \uc81c\uc870\uc5c5 \uacbd\uae30\ub97c \uc124\ubb38\uc73c\ub85c \uce21\uc815\ud55c \uc9c0\uc218)\ub294 2\uc6d4\uc5d0 47.3\uc73c\ub85c \uc62c\ub77c, \uc804\uc6d4 47\uc5d0\uc11c \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4.\n\nPMI\uac00 50 \uc544\ub798\uc774\uba74 \uc81c\uc870\uc5c5 \ud65c\ub3d9\uc774 \uc904\uc5b4\ub4dc\ub294 \uac83(\uc704\ucd95)\uc744 \ub73b\ud558\uace0, 50 \uc704\uc774\uba74 \ub298\uc5b4\ub098\ub294 \uac83(\ud655\ub300)\uc744 \ub73b\ud569\ub2c8\ub2e4.\n\n<h3>\uc81c\uc870\uc5c5 \uc704\ucd95\uc774 \uba48\ucd9c \uc870\uc9d0<\/h3>\n\ube0c\ub77c\uc9c8\uc758 \uc81c\uc870\uc5c5 PMI\uac00 47.3\uc73c\ub85c \uc624\ub978 \uac83\uc740 \uc88b\uc740 \uc2e0\ud638\uc785\ub2c8\ub2e4. \uc544\uc9c1 \uc704\ucd95 \uad6c\uac04\uc774\uc9c0\ub9cc, \uc81c\uc870\uc5c5\uc758 \ud558\ub77d\uc138\uac00 \uc57d\ud574\uc9c0\uace0 \uc788\ub2e4\ub294 \ub73b\uc785\ub2c8\ub2e4. \uc774\ub294 \ud68c\ubcf5\uc73c\ub85c \uac08 \uc218 \uc788\ub294 \uccab \ub2e8\uacc4\uc785\ub2c8\ub2e4. \ub2e4\ub9cc \uc9c0\uae08\uc740 \ubb34\ub9ac\ud558\uac8c \ub099\uad00\ud560 \ub54c\ub294 \uc544\ub2c8\uba70, \ube44\uad00\uc801\uc778 \uad00\uc810\ub9cc \uc720\uc9c0\ud558\uae30\ubcf4\ub2e4\ub294 \ud0dc\ub3c4\ub97c \uc870\uae08 \uc644\ud654\ud560 \uadfc\uac70\uac00 \ub429\ub2c8\ub2e4.\n\n2025\ub144 \ub0b4\ub0b4 \ube0c\ub77c\uc9c8 \uc911\uc559\uc740\ud589(Banco Central do Brasil, \ube0c\ub77c\uc9c8\uc758 \uae30\uc900\uae08\ub9ac\ub97c \uacb0\uc815\ud558\ub294 \uae30\uad00)\uc774 \ubb3c\uac00 \uc0c1\uc2b9(\uc778\ud50c\ub808\uc774\uc158, \uc804\ubc18\uc801\uc778 \uac00\uaca9\uc774 \uacc4\uc18d \uc624\ub974\ub294 \ud604\uc0c1)\uc744 \uc7a1\uae30 \uc704\ud574 \uae30\uc900\uae08\ub9ac\ub97c \ud06c\uac8c \uc62c\ub838\ub358 \uc810\uc744 \ub5a0\uc62c\ub9b4 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub7f0 \uc815\ucc45\uc774 \uc9c0\uae08\uc758 \uc81c\uc870\uc5c5 \ub454\ud654\uc5d0 \uc601\ud5a5\uc744 \uc92c\uc744 \uac00\ub2a5\uc131\uc774 \ud07d\ub2c8\ub2e4. \ud558\uc9c0\ub9cc 1\uc6d4\uc5d0 \uc140\ub9ad \uae08\ub9ac(Selic rate, \ube0c\ub77c\uc9c8\uc758 \ub300\ud45c \uae30\uc900\uae08\ub9ac)\uac00 11.25%\ub85c \ub0b4\ub824\uac04 \ub9cc\ud07c, \uc774\ubc88 PMI\ub294 \uae08\ub9ac \uc778\ud558(\ud1b5\ud654 \uc644\ud654, \ub3c8\uc744 \ube4c\ub9ac\uae30 \uc27d\uac8c \ub9cc\ub4dc\ub294 \uc815\ucc45)\uc758 \ud6a8\uacfc\uac00 \uacbd\uc81c\uc5d0 \ub098\ud0c0\ub098\uae30 \uc2dc\uc791\ud588\uc744 \uc2e0\ud638\uc77c \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n\uc55e\uc73c\ub85c \uba87 \uc8fc \ub3d9\uc548\uc740 iBovespa \uc9c0\uc218 \uc120\ubb3c(iBovespa index futures, \ube0c\ub77c\uc9c8 \ub300\ud45c \uc8fc\uac00\uc9c0\uc218\uc758 \ubbf8\ub798 \uac00\uaca9\uc744 \uac70\ub798\ud558\ub294 \ud30c\uc0dd\uc0c1\ud488)\uc5d0\uc11c \uc870\uc2ec\uc2a4\ub7fd\uac8c \uc0c1\uc2b9\uc5d0 \ubca0\ud305\ud558\ub294 \ud3ec\uc9c0\uc158\uc744 \uace0\ub824\ud560 \ub9cc\ud569\ub2c8\ub2e4. EWZ ETF(EWZ ETF, \ube0c\ub77c\uc9c8 \uc8fc\uc2dd\uc5d0 \ud22c\uc790\ud558\ub294 \uc0c1\uc7a5\uc9c0\uc218\ud380\ub4dc)\uc5d0 \ub300\ud574 5\uc6d4 \ucf5c \uc2a4\ud504\ub808\ub4dc(call spread, \uac19\uc740 \ub9cc\uae30\uc758 \ucf5c\uc635\uc158\uc744 \ud558\ub098 \uc0ac\uace0 \ub354 \ub192\uc740 \ud589\uc0ac\uac00\uc758 \ucf5c\uc635\uc158\uc744 \ud558\ub098 \ud30c\ub294 \uc804\ub7b5)\ub97c \ub9e4\uc218\ud558\ub294 \ubc29\uc2dd\uc774 \ud569\ub9ac\uc801\uc785\ub2c8\ub2e4. \uc0c1\uc2b9 \uac00\ub2a5\uc131\uc740 \ub178\ub9ac\uba74\uc11c\ub3c4 \uc190\uc2e4 \ubc94\uc704(\uc704\ud5d8)\ub97c \uc81c\ud55c\ud560 \uc218 \uc788\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4. 2025\ub144 4\ubd84\uae30\uc5d0 \uc9c0\uc218\uac00 8% \ud558\ub77d\ud55c \ub4a4 \uc544\uc9c1 \ud68c\ubcf5 \uc911\uc774\ub77c\ub294 \uc810\uc744 \uac10\uc548\ud558\uba74, \uc774\ub7f0 \uc811\uadfc\uc774 \ub354 \uc548\uc804\ud569\ub2c8\ub2e4.\n\n\uc774 \uc9c0\ud45c\ub294 \ube0c\ub77c\uc9c8 \ud5e4\uc54c\ud654(BRL, \ube0c\ub77c\uc9c8 \ud1b5\ud654)\uc5d0\ub3c4 \uc601\ud5a5\uc744 \uc90d\ub2c8\ub2e4. \ud5e4\uc54c\ud654\ub294 \ucd5c\uadfc \uc57d\uc138 \uc555\ub825\uc744 \ubc1b\uc544\uc654\uc2b5\ub2c8\ub2e4. \uacbd\uc81c\uac00 \ubc14\ub2e5\uc744 \ub2e4\uc9c0\ub294 \ud750\ub984\uc774 \ub098\uc624\uba74 \ud1b5\ud654\uc5d0\ub3c4 \ud798\uc774 \uc2e4\ub824, \ub2ec\ub7ec \ub300\ube44 \ud558\ub77d\uc774 \uba48\ucd9c \uc218 \uc788\uc2b5\ub2c8\ub2e4. 4\uc6d4 \ub9cc\uae30\uc758 BRL\/USD(\ud5e4\uc54c\/\ub2ec\ub7ec \ud658\uc728)\uc5d0 \ub300\ud574 \uc678\uac00\uaca9 \ud48b\uc635\uc158(out-of-the-money put, \ud604\uc7ac \uac00\uaca9\ubcf4\ub2e4 \ub354 \ub0ae\uc740 \uac00\uaca9\uc5d0\uc11c \ud314 \uad8c\ub9ac\ub97c \uc8fc\ub294 \uc635\uc158)\uc744 \ub9e4\ub3c4\ud558\uba74, \uc635\uc158 \ud504\ub9ac\ubbf8\uc5c4(premium, \uc635\uc158 \uac70\ub798\uc5d0\uc11c \ubc1b\ub294 \ub3c8)\uc744 \ubc1b\uc73c\uba74\uc11c \ud1b5\ud654\uac00 \uc5ec\uae30\uc11c \ud06c\uac8c \ub354 \uc57d\ud574\uc9c0\uc9c0 \uc54a\uc744 \uac83\uc5d0 \ubca0\ud305\ud558\ub294 \ubc29\ubc95\uc774 \ub420 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n\uc774\ub7f0 \u201c\uc608\uc0c1\ubcf4\ub2e4 \ub098\uc058\uc9c0 \uc54a\uc740\u201d \uc9c0\ud45c \ud750\ub984\uc774 \uc774\uc5b4\uc9c0\uba74, \ube0c\ub77c\uc9c8 \uc790\uc0b0\uc758 \ub0b4\uc7ac\ubcc0\ub3d9\uc131(implied volatility, \uc635\uc158 \uac00\uaca9\uc5d0 \ubc18\uc601\ub41c \uc2dc\uc7a5\uc758 \uc608\uc0c1 \ubcc0\ub3d9\ud3ed)\uc774 \uc11c\uc11c\ud788 \ub0b4\ub824\uac08 \uac00\ub2a5\uc131\uc774 \uc788\uc2b5\ub2c8\ub2e4. \uc2dc\uc7a5\uc774 \ucd5c\uc545\uc758 \uce68\uccb4 \uc2dc\ub098\ub9ac\uc624\ub97c \ub35c \ubc18\uc601\ud558\uae30 \uc2dc\uc791\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n<h3>\ub2e4\uc74c \uc6c0\uc9c1\uc784\uc744 \uc704\ud55c \ud575\uc2ec \uccb4\ud06c \ud56d\ubaa9<\/h3>\n\ucca0\uad11\uc11d \uac00\uaca9\uc744 \uc8fc\uc758 \uae4a\uac8c \ubd10\uc57c \ud569\ub2c8\ub2e4. \ucca0\uad11\uc11d\uc740 \ud1a4\ub2f9 115\ub2ec\ub7ec \uadfc\ucc98\uc5d0\uc11c \uc548\uc815\ub410\uc9c0\ub9cc, \ub2e4\uc2dc \uc57d\ud574\uc9c0\uba74 \uad6d\ub0b4\uc758 \ub099\uad00\ub860\uc744 \uc27d\uac8c \ub20c\ub7ec\ubc84\ub9b4 \uc218 \uc788\uc2b5\ub2c8\ub2e4.\n\n<!-- wp:paragraph-->\n<p><b>VT Markets \ub77c\uc774\ube0c \uacc4\uc815\uc744 \ub9cc\ub4e4\uace0 \uc9c0\uae08 \ubc14\ub85c <a href=\"https:\/\/www.vtmarkets.com\/kr\/trade-now\/\">\uac70\ub798<\/a>\ub97c \uc2dc\uc791\ud558\uc138\uc694.<\/b><\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>\ube0c\ub77c\uc9c8 \uc81c\uc870\uc5c5 PMI\uac00 47.3\uc73c\ub85c \uc18c\ud3ed \ubc18\ub4f1\ud588\uc9c0\ub9cc \uc5ec\uc804\ud788 \uc704\ucd95\uc785\ub2c8\ub2e4. \uae08\ub9ac\uc778\ud558 \ud6a8\uacfc\ub85c \ubc14\ub2e5 \uc2e0\ud638\uac00 \ub098\ud0c0\ub098\uba70 \uc8fc\uc2dd\u00b7\ud5e4\uc54c\ud654\uc5d0 \uc81c\ud55c\uc801 \ub099\uad00, \ub9ac\uc2a4\ud06c\uad00\ub9ac \uc804\ub7b5\uc774 \ubd80\uc0c1\ud569\ub2c8\ub2e4. \ucca0\uad11\uc11d \uac00\uaca9\ub3c4 \uc8fc\uc2dc\ud558\uc138\uc694. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":103,"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-48217","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\/48217","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\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/comments?post=48217"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/48217\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=48217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=48217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=48217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}