{"id":50258,"date":"2026-06-25T10:55:32","date_gmt":"2026-06-25T10:55:32","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr-asia\/uncategorized\/%eb%a7%a4%ed%8c%8c%ec%a0%81-%ec%97%b0%ec%a4%80%ea%b3%bc-%eb%8b%ac%eb%9f%ac-%ea%b0%95%ec%84%b8-%ec%86%8d-%eb%af%b8-pce%ec%97%90-%ec%8b%9c%ec%84%a0%ea%b8%88%ea%b0%92-4000%eb%8b%ac%eb%9f%ac\/"},"modified":"2026-06-25T10:55:32","modified_gmt":"2026-06-25T10:55:32","slug":"%eb%a7%a4%ed%8c%8c%ec%a0%81-%ec%97%b0%ec%a4%80%ea%b3%bc-%eb%8b%ac%eb%9f%ac-%ea%b0%95%ec%84%b8-%ec%86%8d-%eb%af%b8-pce%ec%97%90-%ec%8b%9c%ec%84%a0%ea%b8%88%ea%b0%92-4000%eb%8b%ac%eb%9f%ac","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%a7%a4%ed%8c%8c%ec%a0%81-%ec%97%b0%ec%a4%80%ea%b3%bc-%eb%8b%ac%eb%9f%ac-%ea%b0%95%ec%84%b8-%ec%86%8d-%eb%af%b8-pce%ec%97%90-%ec%8b%9c%ec%84%a0%ea%b8%88%ea%b0%92-4000%eb%8b%ac%eb%9f%ac\/","title":{"rendered":"\ub9e4\ud30c\uc801 \uc5f0\uc900\uacfc \ub2ec\ub7ec \uac15\uc138 \uc18d \ubbf8 PCE\uc5d0 \uc2dc\uc120\u2026\uae08\uac12 4,000\ub2ec\ub7ec\uc120 \ud558\ud68c"},"content":{"rendered":"

\uae08(XAU\/USD)\uc740 \ubaa9\uc694\uc77c \uc544\uc2dc\uc544 \uc7a5 \ucd08\ubc18 3,995\ub2ec\ub7ec\uc120\uae4c\uc9c0 \ud558\ub77d\ud558\uba70 4,000\ub2ec\ub7ec\ub97c \ud558\ud68c\ud588\ub2e4. \uc774\ub294 2025\ub144 11\uc6d4 \uc774\ud6c4 \ucc98\uc74c\uc73c\ub85c 4,000\ub2ec\ub7ec\uc120\uc774 \ubb34\ub108\uc9c4 \uac83\uc774\ub2e4. \ubbf8 \uae08\ub9ac \uace0\uc810 \uc804\ub9dd\uacfc \ub2ec\ub7ec\ud654 \uac15\uc138\uac00 \ubb34\uc774\uc790 \uc790\uc0b0\uc778 \uae08\uc5d0 \ud558\ubc29 \uc555\ub825\uc744 \uac00\ud55c \uc601\ud5a5\uc774\ub2e4. \uc2dc\uc7a5\uc758 \uc2dc\uc120\uc740 \ubaa9\uc694\uc77c \ub2a6\uac8c \ubc1c\ud45c\ub420 \ubbf8\uad6d 5\uc6d4 \uac1c\uc778\uc18c\ube44\uc9c0\ucd9c(PCE) \ubb3c\uac00\uc9c0\ud45c\ub85c \uc62e\uaca8\uac00\uace0 \uc788\ub2e4. PCE\ub294 \ub2e8\uae30 \uc778\ud50c\ub808\uc774\uc158 \uacbd\ub85c\ub97c \uac00\ub2a0\ud558\ub294 \ud575\uc2ec \uc9c0\ud45c\ub85c \uaf3d\ud78c\ub2e4.<\/p>\n

\uc5f0\uc900(Fed)\uc774 6\uc6d4 \ud68c\uc758\uc5d0\uc11c \ub9e4\ud30c\uc801 \uae30\uc870\ub97c \uac15\ud654\ud55c \ub370 \ub530\ub77c \uae08\ub9ac \uae30\ub300\ub294 \uc0c1\ud5a5 \uc870\uc815\ub410\uace0, \uc774\ub780 \uc804\uc7c1\uacfc \uc5f0\uacc4\ub41c \uc778\ud50c\ub808\uc774\uc158 \uc6b0\ub824\ub3c4 \uac00\uaca9\uc5d0 \ubc18\uc601\ub418\uace0 \uc788\ub2e4. CME \ud398\ub4dc\uc6cc\uce58(FedWatch)\uc5d0 \ub530\ub974\uba74 \uc2dc\uc7a5\uc740 7\uc6d4 25bp \uc778\uc0c1 \uac00\ub2a5\uc131\uc744 34.2%\ub85c \ubc18\uc601 \uc911\uc774\uba70(1\uc8fc \uc804 8.5%), 9\uc6d4 \uc778\uc0c1 \uac00\ub2a5\uc131\uc740 66.4%(1\uc8fc \uc804 29.1%)\ub85c \ub192\uc544\uc84c\ub2e4. PCE \ubc1c\ud45c\ub97c \uc55e\ub450\uace0 \ubb3c\uac00 \uc555\ub825\uc774 \uc644\ud654\ub418\uace0 \uc788\ub2e4\ub294 \uc2e0\ud638\uac00 \ud655\uc778\ub420 \uacbd\uc6b0 \ub2ec\ub7ec \uac15\uc138\uac00 \uc77c\ubd80 \uc9c4\uc815\ub418\uba74\uc11c \ub2ec\ub7ec \ud45c\uc2dc \uc6d0\uc790\uc7ac\uc778 \uae08\uc5d0\ub294 \uc9c0\uc9c0 \uc694\uc778\uc73c\ub85c \uc791\uc6a9\ud560 \uc218 \uc788\ub2e4.<\/p>\n

\ub9e4\ud30c\uc801 \uc5f0\uc900\uacfc \uc9c0\uc815\ud559\uc801 \ub9ac\uc2a4\ud06c \uc18d \uc57d\uc138 \uc804\ub9dd<\/h3>\n

\uae08\uc774 \ud575\uc2ec \uc9c0\uc9c0\uc120\uc778 4,000\ub2ec\ub7ec\ub97c \ud558\ud5a5 \uc774\ud0c8\ud55c \ub9cc\ud07c, \ud5a5\ud6c4 \uc218\uc8fc\uac04 \ub2e8\uae30 \uc2dc\uac01\uc740 \uc57d\uc138\uac00 \ud0c0\ub2f9\ud558\ub2e4. \ube44\uc774\uc790 \uc790\uc0b0\uc778 \uae08\uc758 \ud22c\uc790 \ub9e4\ub825\ub3c4\ub97c \ub5a8\uc5b4\ub728\ub9ac\ub294 \u2018\uc5f0\uc900\uc758 \ub354 \uacf5\uaca9\uc801\uc778 \uae34\ucd95\u2019\uc5d0 \ub300\ud55c \uc2dc\uc7a5 \uc2e0\ub8b0\uac00 \ud655\ub300\ub418\uace0 \uc788\uae30 \ub54c\ubb38\uc774\ub2e4. \uc774\ubc88 \uc774\ud0c8\uc740 \uae08\uc77c \ud575\uc2ec \ubb3c\uac00 \uc9c0\ud45c \ubc1c\ud45c\ub97c \uc55e\ub450\uace0 \uc2e0\uaddc \uc20f(\ub9e4\ub3c4) \uc9c4\uc785 \ub610\ub294 \uae30\uc874 \uc20f \ud3ec\uc9c0\uc158 \ud655\ub300\uc758 \uae30\ud68c\ub85c \ud574\uc11d\ub41c\ub2e4.<\/p>\n

\ube0c\ub80c\ud2b8\uc720\uac00 \ubc30\ub7f4\ub2f9 110\ub2ec\ub7ec\uc120\uc73c\ub85c \uc7ac\ucc28 \uc811\uadfc\ud558\uac8c \ub9cc\ub4e0 \uc774\ub780 \ubd84\uc7c1\uc740 \uc778\ud50c\ub808\uc774\uc158 \uc6b0\ub824\ub97c \uc9c0\uc18d\uc801\uc73c\ub85c \uc790\uadf9\ud558\uace0 \uc5f0\uc900\uc758 \ub9e4\ud30c\uc801 \uc2a4\ud0e0\uc2a4\ub97c \uacf5\uace0\ud788 \ud558\uace0 \uc788\ub2e4. \uc774\ub7ec\ud55c \ud658\uacbd\uc740 \uc218\uc775\ub960\uc774 \uc5c6\ub294 \uae08\uacfc \uac19\uc740 \uc790\uc0b0\uc5d0 \ubd88\ub9ac\ud558\uac8c \uc791\uc6a9\ud55c\ub2e4. \uc5ed\uc0ac\uc801\uc73c\ub85c\ub3c4 2022\ub144\ucc98\ub7fc \uc5f0\uc900\uc774 \uc778\ud50c\ub808\uc774\uc158 \uc5b5\uc81c\uc5d0 \uc801\uadf9\uc801\uc73c\ub85c \ub098\uc124 \ub54c \uae08\uc740 \uc77c\uad00\ub418\uac8c \uc0c1\ub300\uc801 \ubd80\uc9c4\uc744 \ubcf4\uc600\ub2e4.<\/p>\n

\uac15\ub2ec\ub7ec \ud658\uacbd\uc5d0\uc11c\uc758 \uc804\ub7b5\uc801 \ud2b8\ub808\uc774\ub4dc \ubc0f \ud3ec\uc9c0\uc154\ub2dd<\/h3>\n

PCE \ubc1c\ud45c\ub97c \uc55e\ub450\uace0 8\uc6d4 \ub9cc\uae30 \uae08 \uc120\ubb3c \ud48b\uc635\uc158 \ub9e4\uc218\ub97c \uac80\ud1a0\ud560 \ub9cc\ud558\ub2e4. \uadfc\uc6d0 PCE\uac00 \uc644\uace0\ud55c 3.8% \uc218\uc900\uc73c\ub85c \ubc1c\ud45c\ub420 \uac83\uc73c\ub85c \uc608\uc0c1\ub418\uba70, \uc774 \uacbd\uc6b0 \uc5f0\uc900\uc758 \ucd94\uac00 \uc778\uc0c1 \uba85\ubd84\uc774 \uac15\ud654\ub3fc \uae08 \uac00\uaca9\uc774 \ub2e4\uc74c \uc9c0\uc9c0 \uad6c\uac04\uc778 3,925\ub2ec\ub7ec\uc120\uc73c\ub85c \ud558\ub77d\ud560 \uac00\ub2a5\uc131\uc774 \uc788\ub2e4. 3,900\ub2ec\ub7ec \uc548\ud30e\uc758 \ud589\uc0ac\uac00\uaca9\uc740 \uc608\uc0c1\ub418\ub294 \ud558\ubc29 \uc6c0\uc9c1\uc784\uc744 \ud3ec\ucc29\ud558\ub294 \ub370 \ub9e4\ub825\uc801\uc778 \uad6c\uac04\uc73c\ub85c \ud3c9\uac00\ub41c\ub2e4.<\/p>\n

\uc774 \uc804\ub7b5\uc740 \ub2ec\ub7ec \uac15\uc138\ub85c\ub3c4 \ub4b7\ubc1b\uce68\ub41c\ub2e4. \ub2ec\ub7ec\uc778\ub371\uc2a4(DXY)\ub294 \uc62c\ud574 \ucc98\uc74c\uc73c\ub85c 107.50\uc744 \uc0c1\ud5a5 \ub3cc\ud30c\ud588\ub2e4. \ub2ec\ub7ec \uac15\uc138\ub294 \ud574\uc678 \uc218\uc694\uc790 \uc785\uc7a5\uc5d0\uc11c \uae08\uc744 \ub354 \ube44\uc2f8\uac8c \ub9cc\ub4e4\uc5b4 \uac00\uaca9\uc5d0 \ucd94\uac00 \uc555\ub825\uc744 \uac00\ud55c\ub2e4. \ud30c\uc0dd\uc0c1\ud488\uc744 \ud65c\uc6a9\ud574 \ub2ec\ub7ec \ub871 \ud3ec\uc9c0\uc158\uc744 \uc0c1\uad00 \ud2b8\ub808\uc774\ub4dc\ub85c \ubcd1\ud589\ud558\ub294 \ubc29\uc548\ub3c4 \uace0\ub824\ud560 \uc218 \uc788\ub2e4.<\/p>\n

9\uc6d4 \uae08\ub9ac \uc778\uc0c1 \ud655\ub960\uc774 66.4%\ub85c \uae09\uaca9\ud788 \ub192\uc544\uc9c4 \ud750\ub984\uc740, \ub9c8\uc9c0\ub9c9 \uc5f0\uc18d \uc778\uc0c1 \uad6d\uba74 \uc9c1\uc804\uc774\ub358 2023\ub144 \ucd08\uc758 \uc2dc\uc7a5 \uc2ec\ub9ac\ub97c \ub5a0\uc62c\ub9ac\uac8c \ud55c\ub2e4. \uc5f0\uc900\uc758 \uba54\uc2dc\uc9c0\ub294 \uba85\ud655\ud558\uba70, \uc778\ud50c\ub808\uc774\uc158\uc774 \uc720\uc758\ubbf8\ud558\uac8c \ub454\ud654\ub418\ub294 \uc2e0\ud638\uac00 \ud655\uc778\ub418\uae30 \uc804\uae4c\uc9c0\ub294 \ube44\ub458\uae30\ud30c\uc801 \uc804\ud658(dovish pivot)\uc744 \uc120\ubc18\uc601\ud55c \ud3ec\uc9c0\uc154\ub2dd\uc740 \uacbd\uacc4\ud560 \ud544\uc694\uac00 \uc788\ub2e4. \ub530\ub77c\uc11c 4,050\ub2ec\ub7ec \uc704 \uad6c\uac04\uc5d0\uc11c \ucf5c\uc635\uc158 \uc2a4\ud504\ub808\ub4dc \ub9e4\ub3c4(\ucf5c \uc2a4\ud504\ub808\ub4dc \uc20f)\ub85c \ud504\ub9ac\ubbf8\uc5c4\uc744 \uc218\ucde8\ud558\uba74\uc11c \uc57d\uc138 \uc2dc\uac01\uc744 \uc720\uc9c0\ud558\ub294 \uc804\ub7b5\ub3c4 \ub300\uc548\uc774 \ub420 \uc218 \uc788\ub2e4.<\/p>\n\n\n\n

\uc9c0\uae08 \ubc14\ub85c \uac70\ub798\ub97c \uc2dc\uc791\ud558\uc138\uc694 \u2014 VT Markets \uc2e4\uacc4\uc88c\ub97c \uac1c\uc124\ud558\ub824\uba74 \uc5ec\uae30<\/a>\ub97c \ud074\ub9ad\ud558\uc138\uc694.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

\uae08\uac12 4,000\ub2ec\ub7ec\uc120 \ubd95\uad34\u2026\ubbf8 \uae08\ub9ac \uace0\uc810\u00b7\uac15\ub2ec\ub7ec\uc5d0 XAU\/USD 3,995\ub2ec\ub7ec\ub85c \uae09\ub77d. \uc5f0\uc900 \ub9e4\ud30c \uac15\ud654\u00b7\uc774\ub780\ubc1c \uc778\ud50c\ub808 \uc6b0\ub824 \uc18d PCE\uac00 \ud5a5\ubc29 \uacb0\uc815, 3,925\ub2ec\ub7ec \ud14c\uc2a4\ud2b8 \uacbd\uacc4.<\/p>\n","protected":false},"author":87,"featured_media":50257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-50258","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/50258","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=50258"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/50258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media\/50257"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=50258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=50258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=50258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}