{"id":30662,"date":"2026-03-19T00:03:01","date_gmt":"2026-03-19T00:03:01","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/arjantinde-dorduncu-ceyrek-issizlik-orani-75e-yukseldi-bir-onceki-ceyrekte-66-seviyesindeydi\/"},"modified":"2026-03-19T00:03:01","modified_gmt":"2026-03-19T00:03:01","slug":"arjantinde-dorduncu-ceyrek-issizlik-orani-75e-yukseldi-bir-onceki-ceyrekte-66-seviyesindeydi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/arjantinde-dorduncu-ceyrek-issizlik-orani-75e-yukseldi-bir-onceki-ceyrekte-66-seviyesindeydi\/","title":{"rendered":"Arjantin\u2019de d\u00f6rd\u00fcnc\u00fc \u00e7eyrek i\u015fsizlik oran\u0131 %7,5\u2019e y\u00fckseldi; bir \u00f6nceki \u00e7eyrekte %6,6 seviyesindeydi"},"content":{"rendered":"Arjantin\u2019de i\u015fsizlik oran\u0131 d\u00f6rd\u00fcnc\u00fc \u00e7eyrekte %7,5\u2019e y\u00fckseldi. Bir \u00f6nceki \u00e7eyrekte oran %6,6 idi.\n\nBu, \u00e7eyreklik bazda (**bir \u00f6nceki \u00e7eyre\u011fe g\u00f6re**) 0,9 puanl\u0131k art\u0131\u015f anlam\u0131na geliyor.\n\n2025\u2019in 4. \u00e7eyre\u011finde i\u015fsizli\u011fin %6,6\u2019dan %7,5\u2019e \u00e7\u0131kmas\u0131, ekonomide zay\u0131fl\u0131\u011f\u0131n artt\u0131\u011f\u0131na i\u015faret ediyor. Bu veri, i\u015fg\u00fcc\u00fc piyasas\u0131n\u0131n (**i\u015f bulma ve istihdam ko\u015fullar\u0131**) beklentiden daha \u00e7ok zorland\u0131\u011f\u0131n\u0131 g\u00f6steriyor; bunun da t\u00fcketici harcamalar\u0131n\u0131 azaltma riski var. Bunu bir **d\u00f6n\u00fcm noktas\u0131** olarak g\u00f6r\u00fcyoruz ve ge\u00e7en y\u0131l sonundaki s\u0131n\u0131rl\u0131 iyimserli\u011fi sorgulat\u0131yor.\n\nBu zay\u0131fl\u0131kla birlikte Arjantin Pesosu \u00fczerinde ek bask\u0131 beklenmeli. **T\u00fcrev \u00fcr\u00fcn** (**de\u011feri kur gibi bir varl\u0131\u011fa ba\u011fl\u0131 finansal s\u00f6zle\u015fme**) stratejilerinde USD\/ARS\u2019ta (**ABD dolar\u0131\/Arjantin pesosu kur \u00e7ifti**) \u201cuzun\u201d pozisyon (**kurun y\u00fckselece\u011fi beklentisiyle al\u0131nan pozisyon; burada USD\u2019nin ARS kar\u015f\u0131s\u0131nda g\u00fc\u00e7lenmesi**) tercih edilebilir. Bu, **vadeli d\u00f6viz s\u00f6zle\u015fmeleri (forward)** (**bug\u00fcnden belirlenen kurdan gelecekte al\u0131m-sat\u0131m anla\u015fmas\u0131**) veya kur \u00e7iftinde **al\u0131m opsiyonu (call)** (**belirli fiyattan alma hakk\u0131**) ile yap\u0131labilir. Merkez bankas\u0131n\u0131n **likiditeyi \u00e7ekme** \u00e7abalar\u0131 (**piyasadaki para miktar\u0131n\u0131 azaltma; faiz ve benzeri ara\u00e7larla**)\u2014\u015eubat 2026\u2019da yeniden denendi\u011fini g\u00f6rd\u00fck\u2014bu olumsuz alg\u0131y\u0131 dengelemeye yetmeyebilir.\n\nMerval endeksi i\u00e7in bu haber, a\u015fa\u011f\u0131 y\u00f6nl\u00fc bir duru\u015fu (**ay\u0131 piyasas\u0131; d\u00fc\u015f\u00fc\u015f beklentisi**) destekliyor. Endeks \u00fczerinde veya en \u00e7ok etkilenecek b\u00fcy\u00fck finans ve t\u00fcketim odakl\u0131 hisselerde **sat\u0131m opsiyonu (put)** (**belirli fiyattan satma hakk\u0131; d\u00fc\u015f\u00fc\u015fe kar\u015f\u0131 korunma veya d\u00fc\u015f\u00fc\u015ften kazan\u00e7**) de\u011ferlendirilebilir. 2023-2024\u2019te g\u00f6rd\u00fc\u011f\u00fcm\u00fcz benzer d\u00f6nemlerde, y\u00fckselen i\u015fsizlik \u00e7o\u011fu zaman borsada sert d\u00fczeltmelerin \u00f6n\u00fcne ge\u00e7mi\u015fti.\n\nBu raporun piyasa oynakl\u0131\u011f\u0131n\u0131 (**fiyatlar\u0131n h\u0131zl\u0131 ve sert dalgalanmas\u0131**) art\u0131rmas\u0131 beklenir. Merval opsiyonlar\u0131nda **z\u0131mni oynakl\u0131k (implied volatility)** (**piyasan\u0131n opsiyon fiyatlar\u0131ndan t\u00fcretti\u011fi beklenen oynakl\u0131k**) zaten ge\u00e7en hafta yakla\u015f\u0131k %65\u2019e do\u011fru y\u00fckseliyordu; daha da artabilir. Endekste **straddle** (**ayn\u0131 vade ve kullan\u0131m fiyat\u0131yla hem al\u0131m hem sat\u0131m opsiyonu alarak b\u00fcy\u00fck hareketten, y\u00f6n fark etmeksizin, yararlanma**) gibi \u201coynakl\u0131k uzun\u201d stratejileri k\u0131sa vadede y\u00f6n tahmininden ba\u011f\u0131ms\u0131z getiri sa\u011flayabilir.\n\nMerkez bankas\u0131 ise zor bir dengeyle kar\u015f\u0131 kar\u015f\u0131ya: enflasyonla m\u00fccadele ederken zay\u0131flayan istihdama destek verme bask\u0131s\u0131. Ayl\u0131k enflasyon \u015eubat 2026 i\u00e7in %6,1 ile y\u00fcksek seyrini s\u00fcrd\u00fcr\u00fcrken, istihdam\u0131 canland\u0131rmak i\u00e7in faiz indirme alan\u0131 s\u0131n\u0131rl\u0131. Bu **politika s\u0131k\u0131\u015fmas\u0131** belirsizli\u011fi art\u0131r\u0131yor ve Arjantin varl\u0131klar\u0131 i\u00e7in a\u015fa\u011f\u0131 y\u00f6nl\u00fc g\u00f6r\u00fc\u015f\u00fc g\u00fc\u00e7lendiriyor.\n<p>\n\n<p><strong>Hemen i\u015flem yapmaya ba\u015flay\u0131n &#8211; Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in <a href=\"https:\/\/www.vtmarkets.com\/tr\/trade-now\/\">buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>Arjantin\u2019de i\u015fsizlik 4\u00c725\u2019te %6,6\u2019dan %7,5\u2019e s\u0131\u00e7rad\u0131: k\u0131r\u0131lma sinyali! Peso bask\u0131 alt\u0131nda; USD\/ARS uzun forward\/call \u00f6ne \u00e7\u0131k\u0131yor. Merval\u2019de ay\u0131 senaryosu, put\/straddle ve artan oynakl\u0131k g\u00fcndemde.<\/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-30662","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\/tr-mena\/wp-json\/wp\/v2\/posts\/30662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=30662"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30662\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}