{"id":50910,"date":"2026-07-06T11:57:54","date_gmt":"2026-07-06T11:57:54","guid":{"rendered":"https:\/\/www.vtmarkets.com\/kr-asia\/uncategorized\/%eb%af%b8%ea%b5%ad-%ea%b3%a0%ec%9a%a9%ec%a7%80%ed%91%9c-%eb%91%94%ed%99%94%ec%99%80-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%99%84%ed%99%94-%ec%86%8d%ec%97%90-%ec%84%9c%eb%b9%84%ec%8a%a4\/"},"modified":"2026-07-06T11:57:54","modified_gmt":"2026-07-06T11:57:54","slug":"%eb%af%b8%ea%b5%ad-%ea%b3%a0%ec%9a%a9%ec%a7%80%ed%91%9c-%eb%91%94%ed%99%94%ec%99%80-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%99%84%ed%99%94-%ec%86%8d%ec%97%90-%ec%84%9c%eb%b9%84%ec%8a%a4","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/kr-asia\/live-updates\/%eb%af%b8%ea%b5%ad-%ea%b3%a0%ec%9a%a9%ec%a7%80%ed%91%9c-%eb%91%94%ed%99%94%ec%99%80-%ec%9d%b8%ed%94%8c%eb%a0%88%ec%9d%b4%ec%85%98-%ec%99%84%ed%99%94-%ec%86%8d%ec%97%90-%ec%84%9c%eb%b9%84%ec%8a%a4\/","title":{"rendered":"\ubbf8\uad6d \uace0\uc6a9\uc9c0\ud45c \ub454\ud654\uc640 \uc778\ud50c\ub808\uc774\uc158 \uc644\ud654 \uc18d\uc5d0 \uc11c\ube44\uc2a4\uc5c5 PMI\ub85c \uc5f0\uc900 \uc804\ub9dd \uc2dc\ud5d8\ub300 \uc624\ub978 \uc2dc\uc7a5"},"content":{"rendered":"

\ubbf8\uad6d \uace0\uc6a9\uc9c0\ud45c\uac00 \ub454\ud654\ud558\uace0 \uc778\ud50c\ub808\uc774\uc158 \uc555\ub825\uc774 \uc644\ud654\ub418\uba74\uc11c \uc5f0\ubc29\uc900\ube44\uc81c\ub3c4(Fed)\uc758 \ucd94\uac00 \uae34\ucd95 \ud544\uc694\uc131\uc740 \ub0ae\uc544\uc84c\uace0, \uc2dc\uc7a5\uc758 \uc815\ucc45 \uae30\ub300\ub294 \uc131\uc7a5 \ub454\ud654\uac00 \uc9c8\uc11c \uc788\uac8c \uc9c4\ud589\ub418\ub294\uc9c0 \uc5ec\ubd80\uc5d0 \ub354 \ucd08\uc810\uc774 \ub9de\ucdb0\uc84c\ub2e4. \uc774\uc81c \uad00\uc2ec\uc740 \uc11c\ube44\uc2a4\uc5c5 \uacbd\uae30\ub85c \uc774\ub3d9\ud558\uace0 \uc788\uc73c\uba70, \uc6d4\uc694\uc77c \ubc1c\ud45c\ub418\ub294 S&P \uae00\ub85c\ubc8c \uc11c\ube44\uc2a4\uc5c5 \uad6c\ub9e4\uad00\ub9ac\uc790\uc9c0\uc218(PMI)\uc640 ISM \uc11c\ube44\uc2a4\uc5c5 \uc9c0\ud45c\uac00 \ub2e8\uae30 \uae08\ub9ac \uacbd\ub85c\ub97c \uac00\ub2a0\ud560 \ud575\uc2ec \uc2dc\ud5d8\ub300\ub85c, \uc77c\ubd80 \uc5f0\uc900 \uc778\uc0ac\ub4e4\uc758 \ubc1c\uc5b8\uacfc \ud568\uaed8 \uc8fc\ubaa9\ub41c\ub2e4.<\/p>\n\n

\uc9c0\ub09c\uc8fc \ubd80\uc9c4\ud55c \ube44\ub18d\uc5c5\ubd80\ubb38 \uace0\uc6a9(NFP) \uacb0\uacfc\ub294 \uac15\ud55c \uace0\uc6a9 \uc99d\uac00\uc138\uac00 \uc774\uc5b4\uc9c4 \uc774\ud6c4 \ub178\ub3d9\uc218\uc694\uac00 \uc2dd\uace0 \uc788\uc744 \uac00\ub2a5\uc131\uc744 \ubd80\uac01\uc2dc\ud0a4\uba70, \uc5f0\uc900\uc774 \ucd94\uac00\ub85c \uae08\ub9ac\ub97c \uc5bc\ub9c8\ub098 \ub354 \uc62c\ub824\uc57c \ud558\ub294\uc9c0\uc5d0 \ub300\ud55c \uc7ac\ud3c9\uac00\ub97c \ucd09\ubc1c\ud588\ub2e4. \uc11c\ube44\uc2a4 \uc9c0\ud45c\uac00 \uc608\uc0c1\ubcf4\ub2e4 \uc57d\ud558\uac8c \ub098\uc624\uba74 \uc5f0\uc900\uc774 \ub2f9\uc7a5 \uc6c0\uc9c1\uc774\uc9c0 \uc54a\uc744 \uac83\uc774\ub77c\ub294 \uc778\uc2dd\uc744 \ub4b7\ubc1b\uce68\ud574 \ub2e8\uae30\ubb3c \uae08\ub9ac \ud558\ub77d(\ud504\ub7f0\ud2b8\uc5d4\ub4dc \uc218\uc775\ub960 \ud558\ub77d) \ud750\ub984\uc744 \uc5f0\uc7a5\ud560 \uc218 \uc788\ub2e4. \ubc18\ub300\ub85c \uc9c0\ud45c\uac00 \uacac\uc870\ud558\uba74, \ub2e8 \ud55c \ubc88\uc758 \uc57d\ud55c NFP\ub9cc\uc73c\ub85c \uacb0\ub860\uc744 \ub0b4\ub9ac\uae30\uc5d0\ub294 \uc774\ub974\ub2e4\ub294 \uc810\uc744 \uc2dc\uc0ac\ud560 \uac83\uc774\ub2e4. \uc2e0\ud765\uc2dc\uc7a5\uc5d0\uc11c\ub294 \ud3ec\uc9c0\uc154\ub2dd\uc774 \u2018\ud6c4\ud1f4\u2019\ub77c\uae30\ubcf4\ub2e4 \u2018\uc21c\ud658(\ub85c\ud14c\uc774\uc158)\u2019\uc5d0 \uac00\uae5d\ub2e4\ub294 \ud3c9\uac00\uac00 \ub098\uc624\uba70, \ubbf8\uad6d \uae08\ub9ac \uc0c1\uc2b9\uc740 \uacfc\ubc00\ud574\uc9c4 \ucc44\uad8c \uc775\uc2a4\ud3ec\uc800\uc5d0 \ub300\ud55c \uc7ac\ud3c9\uac00\ub97c \uc720\ub3c4\ud558\uace0 \uc788\ub2e4.<\/p>\n\n

Market Validation and Key Services Data<\/h3>\n\n

\uc6b0\ub9ac\ub294 \uc2dc\uc7a5\uc774 \ucd5c\uadfc\uc758 \uc548\ub3c4 \ub7a0\ub9ac \uc774\ud6c4 \u2018\uac80\uc99d(\ubc38\ub9ac\ub370\uc774\uc158)\u2019\uc744 \ucc3e\uace0 \uc788\ub2e4\uace0 \ubcf8\ub2e4. \uc9c0\ub09c \uae08\uc694\uc77c \uace0\uc6a9\uc9c0\ud45c\uc5d0\uc11c \uc2e0\uaddc \uace0\uc6a9\uc774 \uc608\uc0c1\uce58 18\ub9cc \uba85\uc744 \ud06c\uac8c \ubc11\ub3c4\ub294 11\ub9cc \uba85\uc5d0 \uadf8\ucce4\uace0, \uc778\ud50c\ub808\uc774\uc158\ub3c4 \uc9c4\uc815\ub418\uba74\uc11c \ucd94\uac00 \uae08\ub9ac \uc778\uc0c1 \uc555\ubc15\uc740 \ub0ae\uc544\uc84c\ub2e4. \ub2e4\ub9cc \uc774\uc81c\ub294 \uc774 \ub454\ud654\uac00 \uad00\ub9ac \uac00\ub2a5\ud55c \uc218\uc900\uc778\uc9c0, \ud639\uc740 \uc815\ucc45 \uae30\ub300\uac00 \uacfc\ub3c4\ud558\uac8c \uc774\ub3d9\ud588\ub294\uc9c0\ub97c \ud655\uc778\ud574\uc57c \ud55c\ub2e4.<\/p>\n\n

\uc774\ubc88 \uc8fc \uac00\uc7a5 \uc911\uc694\ud55c \uc9c0\ud45c\ub294 S&P \uae00\ub85c\ubc8c PMI\uc640 ISM \uc11c\ube44\uc2a4\uc5c5 \ubcf4\uace0\uc11c\ub2e4. \uc774\ub4e4\uc740 \uc9c0\ub09c\uc8fc \uace0\uc6a9 \ubd80\uc9c4\uc774 \ub354 \uad11\ubc94\uc704\ud55c \uc2e4\ubb3c\ud65c\ub3d9 \ub454\ud654\ub85c \ud655\uc0b0\ub418\uace0 \uc788\ub294\uc9c0 \ud310\ub2e8\ud558\ub294 \ub370 \ub3c4\uc6c0\uc744 \uc904 \uac83\uc774\ub2e4. ISM \uc11c\ube44\uc2a4\uc5c5 \uc9c0\uc218\uc758 \ucee8\uc13c\uc11c\uc2a4\ub294 \ud604\uc7ac 53.0 \ubd80\uadfc\uc774\ub2e4.<\/p>\n\n

\ud574\ub2f9 \uc9c0\ud45c\ub4e4\uc774 \uc608\uc0c1\ubcf4\ub2e4 \ub354 \uc57d\ud558\uac8c \ub098\uc624\uba74, \uc774\ubc88 \uc0ac\uc774\ud074\uc5d0\uc11c \uc5f0\uc900\uc758 \uae08\ub9ac \uc778\uc0c1\uc774 \uc0ac\uc2e4\uc0c1 \uc885\ub8cc\ub410\ub2e4\ub294 \ucabd\uc5d0 \ubb34\uac8c\uac00 \uc2e4\ub9b4 \uac83\uc774\ub2e4. \uc6b0\ub9ac\ub294 SOFR \uc120\ubb3c \uc635\uc158\uc744 \ud65c\uc6a9\ud558\uac70\ub098 2\ub144\ubb3c \ubbf8 \uad6d\ucc44\uc120\ubb3c \ub9e4\uc218\ub85c \ub2e8\uae30\ubb3c \uae08\ub9ac \ud558\ub77d\uc5d0 \ubca0\ud305\ud558\ub294 \ud3ec\uc9c0\uc158\uc744 \ubaa8\uc0c9\ud560 \uac83\uc774\ub2e4. \uc774\ub294 \uc2dc\uc7a5\uc5d0\uc11c \ub0a8\uc544 \uc788\ub294 \uae34\ucd95 \ud3b8\ud5a5\uc774 \uc644\uc804\ud788 \uac00\uaca9\uc5d0\uc11c \uc18c\uac70\ub418\ub294 \ud750\ub984\uc744 \uc120\ubc18\uc601\ud558\ub294 \uc804\ub7b5\uc774\ub2e4.<\/p>\n\n

Positioning for Services Surprises and Currency Impact<\/h3>\n\n

\ubc18\ub300\ub85c 53.0\uc744 \uc6c3\ub3c4\ub294 \uacac\uc870\ud55c \uacb0\uacfc\ub294 \ubcf4\ub2e4 \uc2e0\uc911\ud55c \uc811\uadfc\uc744 \uc694\uad6c\ud558\uba70, \uc9c0\ub09c\uc8fc \uace0\uc6a9\ubcf4\uace0\uc11c\uac00 \u2018\uc774\uc0c1\uce58(outlier)\u2019\uc600\uc744 \uac00\ub2a5\uc131\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uc774\ub294 2022~2023\ub144 \uae34\ucd95 \uad6d\uba74\uc5d0\uc11c \ub2e8\uc77c \uc9c0\ud45c\uac00 \ucd94\uc138 \uc804\ud658\uc744 \uc758\ubbf8\ud558\uc9c0 \uc54a\uc558\ub358 \u2018\ud5e4\ub4dc\ud398\uc774\ud06c\u2019 \uc0ac\ub840\ub4e4\uc744 \uc0c1\uae30\uc2dc\ud0a8\ub2e4. \uc774 \uc2dc\ub098\ub9ac\uc624\uc5d0\uc11c\ub294 \uae08\ub9ac\uac00 \ub2e4\uc2dc \uc0c1\uc2b9\ud560 \uc704\ud5d8\uc5d0 \ub300\ube44\ud574 \ucc44\uad8c\uc120\ubb3c \ud48b\uc635\uc158 \ub9e4\uc218\ub85c \ud5e4\uc9c0\ud558\ub294 \ubc29\uc548\uc744 \uace0\ub824\ud560 \uac83\uc774\ub2e4.<\/p>\n\n

CBOE \ubcc0\ub3d9\uc131\uc9c0\uc218(VIX)\uac00 13 \uc218\uc900\uc73c\ub85c \ud558\ub77d\ud574 \uc2dc\uc7a5\uc758 \uc548\uc77c\ud568(\ucef4\ud50c\ub808\uc774\uc120\uc2dc)\uc744 \uc2dc\uc0ac\ud55c\ub2e4. \uc774\ub294 \uc635\uc158 \ub9e4\uc785 \ube44\uc6a9\uc774 \uc0c1\ub300\uc801\uc73c\ub85c \ub0ae\uc74c\uc744 \uc758\ubbf8\ud574, \uc11c\ube44\uc2a4\uc5c5 \uc9c0\ud45c\uc758 \uc11c\ud504\ub77c\uc774\uc988\uc5d0 \ub300\ube44\ud55c \ud3ec\uc9c0\uc154\ub2dd\uc744 \ube44\uc6a9 \ud6a8\uc728\uc801\uc73c\ub85c \uad6c\ucd95\ud560 \uc5ec\uc9c0\ub97c \uc81c\uacf5\ud55c\ub2e4. \uc6b0\ub9ac\ub294 \uc774\ub97c \uae08\ub9ac \uae30\ub300\uac00 \uae09\uaca9\ud788 \ub418\ub3cc\ub824\uc9c8 \uac00\ub2a5\uc131\uc5d0 \ub300\ube44\ud55c \ubc29\uc5b4\uc801 \ud3ec\uc9c0\uc158\uc744 \uc313\uc744 \uae30\ud68c\ub85c \ubcf8\ub2e4.<\/p>\n\n

\ud658\uc728 \uce21\uba74\uc5d0\uc11c\ub294 \uc11c\ube44\uc2a4 \uc9c0\ud45c\uac00 \uc57d\ud558\uac8c \ub098\uc624\uba74 \ub2ec\ub7ec\ud654\uc5d0 \uc0c1\ub2f9\ud55c \ud558\ubc29 \uc555\ub825\uc774 \uac00\ud574\uc9c8 \uac00\ub2a5\uc131\uc774 \ud06c\ub2e4. \uc6b0\ub9ac\ub294 EUR\/USD \ucf5c\uc635\uc158 \ub9e4\uc218 \ub610\ub294 USD\/JPY \ud48b\uc635\uc158 \ub9e4\uc218\ub85c \uc774\ub97c \ud45c\ud604\ud560 \uac83\uc774\ub2e4. \uc774\ub294 \uae08\ub9ac \ucc28(\uae08\ub9ac \uaca9\ucc28)\uac00 \ub2ec\ub7ec\uc5d0 \ubd88\ub9ac\ud558\uac8c \uc6c0\uc9c1\uc774\uba74\uc11c \ub2ec\ub7ec\uc5d0\uc11c\uc758 \uc774\ud0c8 \ud750\ub984\uc774 \ub098\ud0c0\ub0a0 \ub54c \uc218\uc775\uc744 \uae30\ub300\ud560 \uc218 \uc788\ub294 \uac70\ub798\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":"

\uace0\uc6a9 \ub454\ud654\u00b7\ubb3c\uac00 \uc9c4\uc815\uc5d0 Fed \ucd94\uac00 \uae34\ucd95 \ubd80\ub2f4\u2193. \uc774\uc81c \uc2b9\ubd80\ucc98\ub294 \uc11c\ube44\uc2a4\uc5c5: S&P \uae00\ub85c\ubc8c\u00b7ISM PMI\uac00 \ub2e8\uae30\uae08\ub9ac\u00b7\ub2ec\ub7ec \ubc29\ud5a5 \uacb0\uc815. \uc57d\ud558\uba74 \uae08\ub9ac\u2193, \uac15\ud558\uba74 \u2018\ud5e4\ub4dc\ud398\uc774\ud06c\u2019 \uacbd\uacc4.<\/p>\n","protected":false},"author":87,"featured_media":50111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-50910","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\/50910","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=50910"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/posts\/50910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media\/50111"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/media?parent=50910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/categories?post=50910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/kr-asia\/wp-json\/wp\/v2\/tags?post=50910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}