{"id":3498,"date":"2025-12-31T14:37:24","date_gmt":"2025-12-31T03:37:24","guid":{"rendered":"https:\/\/www.amillex.com\/?p=3498"},"modified":"2025-12-31T14:37:26","modified_gmt":"2025-12-31T03:37:26","slug":"amillex-daily-market-commentary-market-enters-holiday-mode-risk-assets-close-cautiously-precious-metals-diverge-amid-liquidity-crunch","status":"publish","type":"post","link":"https:\/\/www.amillex.com\/ko\/2025\/12\/31\/amillex-daily-market-commentary-market-enters-holiday-mode-risk-assets-close-cautiously-precious-metals-diverge-amid-liquidity-crunch\/","title":{"rendered":"\uc544\ubc00\ub809\uc2a4 \uc77c\uc77c \uc2dc\uc7a5 \ub17c\ud3c9 | \uc2dc\uc7a5, \ud734\uac00 \ubaa8\ub4dc \uc9c4\uc785: \uc704\ud5d8 \uc790\uc0b0\uc740 \uc870\uc2ec\uc2a4\ub7fd\uac8c \ub9c8\uac10; \uadc0\uae08\uc18d, \uc720\ub3d9\uc131 \uacbd\uc0c9 \uc18d \ubd84\uc138\u00a0"},"content":{"rendered":"<p class=\"has-medium-font-size wp-block-paragraph\"><strong>2025\ub144 12\uc6d4 31\uc77c.&nbsp;<\/strong>2025\ub144\uc758 \ub9c8\uc9c0\ub9c9 \ub9c8\uac10\uc744 \uc55e\ub450\uace0 \uae00\ub85c\ubc8c \uc2dc\uc7a5\uc740 \uc644\uc804\ud788 \u2018\ud734\uac00 \ubaa8\ub4dc\u2019\ub85c \uc804\ud658\ud588\uc2b5\ub2c8\ub2e4. \uae30\uad00 \ud22c\uc790\uc790\ub4e4\uc774 \ub300\ubd80\ubd84 \uc790\ub9ac\ub97c \ube44\uc6b0\uba74\uc11c \uc2dc\uc7a5\uc758 \uad00\uc2ec\uc740 \uac70\uc2dc \uacbd\uc81c \ud380\ub354\uba58\ud138\uc5d0\uc11c \uae30\uc220\uc801 \ud3ec\uc9c0\uc158 \uccad\uc0b0\uacfc \ub9c8\uc9c4 \uc8fc\ub3c4 \ubcc0\ub3d9\uc131\uc73c\ub85c \uc62e\uaca8\uac14\uc2b5\ub2c8\ub2e4. \uc5f0\ub9d0 \ucc28\uc775 \uc2e4\ud604 \ub9e4\ubb3c\ub85c \uc778\ud574 \uc8fc\uc2dd \uc2dc\uc7a5\uc740 \uc18c\ud3ed\uc758 \uc555\ub825\uc744 \ubc1b\uace0 \uc788\ub294 \uac00\uc6b4\ub370, \uadc0\uae08\uc18d \uc2dc\uc7a5\uc740 \uc720\ub3d9\uc131\uc774 \ubd80\uc871\ud55c \ud658\uacbd \uc18d\uc5d0\uc11c \uae09\uaca9\ud55c \ub514\ub808\ubc84\ub9ac\uc9d5\uc744 \uacaa\uc73c\uba70 \uc8fc\ubaa9\uc744 \ubc1b\uc558\uc2b5\ub2c8\ub2e4. \ubbf8\uad6d \ub2ec\ub7ec \uc9c0\uc218\ub294 \ud575\uc2ec \uc2dc\uc7a5 \uac08\ub4f1\uc774 \uac70\uc2dc \uacbd\uc81c \ub370\uc774\ud130\uc5d0\uc11c \ud3ec\uc9c0\uc158, \ub9c8\uc9c4, \uc5f0\ub9d0 \ud380\ub4dc \ubc30\ubd84\uc73c\ub85c \uc62e\uaca8\uac00\uba74\uc11c \uc81c\ud55c\uc801\uc778 \ubc94\uc704 \ub0b4\uc5d0\uc11c \ud6a1\ubcf4\uc138\ub97c \uc720\uc9c0\ud588\uc2b5\ub2c8\ub2e4.&nbsp;<\/p>\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size wp-block-paragraph\"><strong>\uc790\uc0b0 \uc720\ud615\ubcc4 \uc2dc\uc7a5 \uc131\uacfc \ubc0f \uae30\ubcf8\uc801 \ubd84\uc11d<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>1. \ubbf8\uad6d \uc8fc\uc2dd \uc2dc\uc7a5<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>\uc9c0\uc218 \uc131\uacfc:<\/strong>&nbsp;\ubbf8\uad6d\uc758 3\ub300 \uc8fc\uc694 \uc9c0\uc218\ub294 \uc804\ubc18\uc801\uc73c\ub85c \uc57d\uc138\ub97c \ubcf4\uc774\uba70 \ub2e4\uc6b0\uc874\uc2a4, S&amp;P 500, \ub098\uc2a4\ub2e5 \ubaa8\ub450 \uc18c\ud3ed \ud558\ub77d \ub9c8\uac10\ud588\uc2b5\ub2c8\ub2e4. \uc2dc\uc7a5\uc740 \ub69c\ub837\ud55c \uc8fc\uc694 \uc0c1\uc2b9 \ub3d9\ub825\uc744 \ucc3e\uc9c0 \ubabb\ud588\uace0, \uac70\ub798\ub7c9 \ub610\ud55c \ud3c9\uc18c\ubcf4\ub2e4 \ud604\uc800\ud788 \ub0ae\uc544 \uc804\ud615\uc801\uc778 \uc5f0\ub9d0 \uc2dc\uc7a5 \uc591\uc0c1\uc744 \ub098\ud0c0\ub0b4\uace0 \uc788\uc2b5\ub2c8\ub2e4.&nbsp;<\/p>\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>2. \uc678\ud658 \uc2dc\uc7a5:<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">\ubbf8\uad6d \ub2ec\ub7ec \uc9c0\uc218(DXY)\ub294 \uc18c\ud3ed \uc0c1\uc2b9\ud588\uc9c0\ub9cc \ucd94\uc138 \ub3cc\ud30c\uc5d0\ub294 \uc2e4\ud328\ud558\uba70 \uad00\ub9dd\uc138\uac00 \uac15\ud558\uac8c \ubc18\uc601\ub418\uc5c8\uc2b5\ub2c8\ub2e4.\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">EUR\/USD\ub294 \uc0c8\ub85c\uc6b4 \ucd09\ub9e4\uc81c \uc5c6\uc774 1.17 \uc774\uc0c1\uc5d0\uc11c \ub4f1\ub77d\uc744 \ubc18\ubcf5\ud588\uc2b5\ub2c8\ub2e4.\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">USD\/JPY\ub294 156~157 \ubc94\uc704\uc5d0\uc11c \ud6a1\ubcf4\uc138\ub97c \uc720\uc9c0\ud558\uba70 \uace0\uc810\uc5d0\uc11c \ud6c4\ud1f4\ud588\uc9c0\ub9cc \ud558\ub77d \ubaa8\uba58\ud140\uc740 \uc81c\ud55c\uc801\uc774\uc5c8\uc2b5\ub2c8\ub2e4.\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">GBP\/USD\ub294 \uc0c1\ub300\uc801\uc73c\ub85c \ud68c\ubcf5\ub825\uc744 \ubcf4\uc774\uba70 \uc720\ub85c\ud654\ubcf4\ub2e4 \uc57d\uac04 \ub098\uc740 \uc131\uacfc\ub97c \ub0c8\uc9c0\ub9cc, \ub9c8\ucc2c\uac00\uc9c0\ub85c \uc5f0\ud734 \uc720\ub3d9\uc131\uc758 \uc81c\uc57d\uc744 \ubc1b\uc558\uc2b5\ub2c8\ub2e4.\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>\uc8fc\uc694 \uc694\uc778:<\/strong>&nbsp;\uc678\ud658 \uc2dc\uc7a5\uc740 \uc804\ud615\uc801\uc778 &quot;\uc5f0\ub9d0 \uc870\uc815 \uad6d\uba74&quot;\uc5d0 \uc9c4\uc785\ud588\uc73c\uba70, \uc774 \uae30\uac04 \ub3d9\uc548 \ub2e8\uae30\uc801\uc778 \uc6c0\uc9c1\uc784\uc740 \ucd94\uc138 \ub9e4\ub9e4\ubcf4\ub2e4\ub294 \uae30\uc220\uc801 \ubcc0\ub3d9\uc5d0 \ub354 \uac00\uae5d\uc2b5\ub2c8\ub2e4.&nbsp;<\/p>\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>3. \uadc0\uae08\uc18d \ubc0f \uc6d0\uc790\uc7ac<\/strong>&nbsp;<\/p>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>\uadc0\uae08\uc18d:&nbsp;<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">\uae08 \ud604\ubb3c(XAUUSD): \ub2e8\uae30\uc801\uc778 \uc555\ub825\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0, \uae08 \uac00\uaca9\uc740 \uc5ed\uc0ac\uc801 \uace0\uc810 \ubd80\uadfc\uc5d0\uc11c \uac70\ub798\ub418\uace0 \uc788\uc5b4 \uc911\uc7a5\uae30\uc801\uc778 \uc0c1\uc2b9 \ucd94\uc138\uac00 \uc720\uc9c0\ub418\uace0 \uc788\uc74c\uc744 \ubcf4\uc5ec\uc90d\ub2c8\ub2e4.\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">\uc740 \ud604\ubb3c(XAGUSD): \uc804\ub0a0 \uae09\ub77d \ud6c4 \uc740 \uac00\uaca9\uc774 \uac15\ud55c \uae30\uc220\uc801 \ubc18\ub4f1\uc744 \ubcf4\uc774\uba70 9%\ub97c \ub3cc\ud30c\ud574 \uc628\uc2a4\ub2f9 \uc57d $78 \uc218\uc900\uae4c\uc9c0 \uc0c1\uc2b9\ud588\uc2b5\ub2c8\ub2e4(\ub9e4\ub3c4 \uc555\ub825 \uc774\ud6c4 \uc800\uc810\uc5d0\uc11c \ubc18\ub4f1\ud558\uc5ec \ub2f9\uc77c \ucd5c\uace0\uc810\uc744 \uae30\ub85d\ud588\uc2b5\ub2c8\ub2e4). \uc774\ub7ec\ud55c &quot;\uae09\ub77d \ud6c4 \uae09\ub4f1&quot;\uc740 &quot;\ub9c8\uc9c4 \uc870\uc815 \u2192 \uac15\uc81c \uccad\uc0b0 \u2192 \uc5ed\ub9e4\uc218\/\uc800\uc810 \ub9e4\ub9e4&quot;\uc758 \uc804\ud615\uc801\uc778 \ud328\ud134\uc785\ub2c8\ub2e4.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>\ud575\uc2ec \ub4dc\ub77c\uc774\ubc84:<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">\uc774\uc804\uc758 &quot;\uc555\ucd95\ud615&quot; \ub7a0\ub9ac\uc5d0\uc11c\ub294 \uace0\ub808\ubc84\ub9ac\uc9c0 \ub871 \ud3ec\uc9c0\uc158\uc774 \ub300\ub7c9\uc73c\ub85c \ucd95\uc801\ub418\uc5c8\uc2b5\ub2c8\ub2e4.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">\uc5f0\ub9d0 \uc720\ub3d9\uc131 \ubd80\uc871\uc73c\ub85c \uc778\ud574 \ud2b9\uc815 \ud3ec\uc9c0\uc158\uc758 \uc9d1\uc911\uc801\uc778 \uccad\uc0b0\uc774 \ub354\uc6b1 \uc99d\ud3ed\ub418\uc5c8\uc2b5\ub2c8\ub2e4.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">\uac70\ub798\uc18c \uc99d\uac70\uae08 \uc99d\uac00\uc640 \uc704\ud5d8 \uad00\ub9ac \uc694\uac74 \uac15\ud654\ub85c \uc778\ud574 \uc218\ub3d9\uc801 \ub808\ubc84\ub9ac\uc9c0 \ucd95\uc18c\uac00 \ucd09\ubc1c\ub418\uc5c8\uc2b5\ub2c8\ub2e4.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>\uc0c1\ud488:&nbsp;<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">WTI \uc6d0\uc720\ub294 \ubc30\ub7f4\ub2f9 $58 \uc218\uc900\uc5d0\uc11c \ub4f1\ub77d\uc744 \ubc18\ubcf5\ud588\uc2b5\ub2c8\ub2e4. \uc774\ub7ec\ud55c \ucd94\uc138\ub294 \ube44\uad50\uc801 \uc548\uc815\uc801\uc774\uba70 \uc5d0\ub108\uc9c0 \ubd80\ubb38 \ub0b4\uc5d0\uc11c \uc548\uc815\ud654 \uc694\uc778\uc73c\ub85c \uc791\uc6a9\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>5. \uc624\ub298\uc758 \ucd08\uc810<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">12\uc6d4 FOMC \ud68c\uc758\ub85d.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list has-medium-font-size\">\n<li class=\"has-medium-font-size\">\uc911\uad6d\uc758 12\uc6d4 \uc81c\uc870\uc5c5 \uad6c\ub9e4\uad00\ub9ac\uc790\uc9c0\uc218(PMI)\uc785\ub2c8\ub2e4.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"has-medium-font-size\">\ubbf8\uad6d \uc2e0\uaddc \uc2e4\uc5c5\uc218\ub2f9 \uccad\uad6c \uac74\uc218(12\uc6d4 27\uc77c \uc885\ub8cc \uc8fc\uac04).\u00a0<\/li>\n<\/ul>\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>","protected":false},"excerpt":{"rendered":"<p>December&nbsp;31, 2025.&nbsp;As we approach the final closing bell of 2025, the global markets have fully transitioned into &#8220;Holiday Mode.&#8221; With institutional desks&nbsp;largely sidelined, the narrative has&nbsp;shifted away&nbsp;from macro fundamentals toward technical position squaring and margin-driven volatility. While equities&nbsp;remain&nbsp;under mild pressure from year-end profit-taking, the precious&nbsp;metals&nbsp;complex has stolen the spotlight, enduring a violent deleveraging event in [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":3499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[8],"tags":[],"class_list":["post-3498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news","entry","has-media"],"_links":{"self":[{"href":"https:\/\/www.amillex.com\/ko\/wp-json\/wp\/v2\/posts\/3498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amillex.com\/ko\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amillex.com\/ko\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ko\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ko\/wp-json\/wp\/v2\/comments?post=3498"}],"version-history":[{"count":1,"href":"https:\/\/www.amillex.com\/ko\/wp-json\/wp\/v2\/posts\/3498\/revisions"}],"predecessor-version":[{"id":3500,"href":"https:\/\/www.amillex.com\/ko\/wp-json\/wp\/v2\/posts\/3498\/revisions\/3500"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.amillex.com\/ko\/wp-json\/wp\/v2\/media\/3499"}],"wp:attachment":[{"href":"https:\/\/www.amillex.com\/ko\/wp-json\/wp\/v2\/media?parent=3498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amillex.com\/ko\/wp-json\/wp\/v2\/categories?post=3498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amillex.com\/ko\/wp-json\/wp\/v2\/tags?post=3498"}],"curies":[{"name":"\uc6cc\ub4dc\ud504\ub808\uc2a4","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}