{"id":44004,"date":"2026-04-06T22:16:05","date_gmt":"2026-04-06T22:16:05","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/mufgden-lloyd-chan-hurmuz-bogazindaki-aksama-enflasyonu-yukseltebilir-buyumeyi-zayiflatabilir-ve-krw-php-thb-uzerinde-baski-yaratabilir\/"},"modified":"2026-04-06T22:16:05","modified_gmt":"2026-04-06T22:16:05","slug":"mufgden-lloyd-chan-hurmuz-bogazindaki-aksama-enflasyonu-yukseltebilir-buyumeyi-zayiflatabilir-ve-krw-php-thb-uzerinde-baski-yaratabilir","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/mufgden-lloyd-chan-hurmuz-bogazindaki-aksama-enflasyonu-yukseltebilir-buyumeyi-zayiflatabilir-ve-krw-php-thb-uzerinde-baski-yaratabilir\/","title":{"rendered":"MUFG\u2019den Lloyd Chan: H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019ndaki aksama enflasyonu y\u00fckseltebilir, b\u00fcy\u00fcmeyi zay\u0131flatabilir ve KRW, PHP, THB \u00fczerinde bask\u0131 yaratabilir"},"content":{"rendered":"Asya, H\u00fcrm\u00fcz Bo\u011faz\u0131 \u00fczerinden olas\u0131 enerji arz\u0131 kesintisine kar\u015f\u0131 y\u00fcksek d\u00fczeyde risk ta\u015f\u0131yor. Uzun s\u00fcrecek bir kesinti, b\u00f6lgede uzayan bir enerji \u015fokuna yol a\u00e7abilir.\n\nBu t\u00fcr bir \u015fok, enflasyon risklerini art\u0131rabilir, cari dengeyi (\u00fclkenin d\u0131\u015f ticaret ve gelir-gider dengesini) bozabilir ve ekonomik b\u00fcy\u00fcmeyi zay\u0131flatabilir. Bu da baz\u0131 b\u00f6lge para birimleri \u00fczerinde bask\u0131 yarat\u0131r.\n\n<h3>En Fazla Etkilenebilecek B\u00f6lge Para Birimleri<\/h3>\nKRW, PHP ve THB\u2019nin bu ko\u015fullarda k\u0131r\u0131lgan kalmas\u0131 bekleniyor. Riskin temel nedeni, bu ekonomilerin artan enerji maliyetlerine (\u00f6zellikle petrol ve gaz fiyatlar\u0131na) y\u00fcksek hassasiyet g\u00f6stermesi.\n\nCNY\u2019nin ise g\u00f6rece daha korunakl\u0131 ve dayan\u0131kl\u0131 oldu\u011fu belirtiliyor. Bunu, daha y\u00fcksek enerji yeterlili\u011fi (enerji ihtiyac\u0131n\u0131 i\u00e7eriden kar\u015f\u0131lama oran\u0131) ve b\u00fcy\u00fck stratejik rezervler (acil durum i\u00e7in tutulan petrol stoklar\u0131) destekliyor. MYR\u2019nin de destek bulabilece\u011fi ifade ediliyor; \u00e7\u00fcnk\u00fc genellikle CNY ile ayn\u0131 y\u00f6nde hareket ediyor ve i\u00e7 ekonomik g\u00f6stergeleri (b\u00fcy\u00fcme, b\u00fct\u00e7e disiplini, bankac\u0131l\u0131k sa\u011flaml\u0131\u011f\u0131) daha g\u00fc\u00e7l\u00fc.\n\nMetinde, i\u00e7eri\u011fin Yapay Zek\u00e2 arac\u0131yla \u00fcretildi\u011fi ve bir edit\u00f6r taraf\u0131ndan kontrol edildi\u011fi belirtiliyor.\n\nH\u00fcrm\u00fcz Bo\u011faz\u0131 \u00fczerinden enerji ak\u0131\u015f\u0131n\u0131n kesilme riski artarken, b\u00f6lge i\u00e7in ciddi bir \u015foka haz\u0131rl\u0131k yap\u0131lmas\u0131 gerekti\u011fi vurgulan\u0131yor. Son d\u00f6nemde deniz devriyelerindeki art\u0131\u015f petrol fiyat oynakl\u0131\u011f\u0131n\u0131 (fiyatlar\u0131n k\u0131sa s\u00fcrede sert ini\u015f-\u00e7\u0131k\u0131\u015f yapmas\u0131) y\u00fckseltti. Bu durum, 2025 sonundaki benzer gerilimlerde gemi sigorta maliyetlerinin ge\u00e7ici olarak s\u0131\u00e7ramas\u0131n\u0131 da hat\u0131rlat\u0131yor. Uzayan bir kriz, enflasyonu k\u00f6r\u00fckleyip b\u00fcy\u00fcmeyi zay\u0131flatarak Asya ekonomilerini sert etkiler.\n\n<h3>Pozisyonlanma ve \u0130\u015flem Fikirleri<\/h3>\n\u00d6n\u00fcm\u00fczdeki haftalarda G\u00fcney Kore Wonu, Filipin Pesosu ve Tayland Baht\u0131\u2019nda zay\u0131fl\u0131k bekleniyor. G\u00fcney Kore\u2019nin ham petrol ithalat\u0131na ba\u011f\u0131ml\u0131l\u0131\u011f\u0131n\u0131n 2025\u2019te %98\u2019e ula\u015fmas\u0131, KRW\u2019yi fiyat \u015foklar\u0131na \u00f6zellikle a\u00e7\u0131k hale getiriyor. Bu nedenle yat\u0131r\u0131mc\u0131lar, olas\u0131 sert de\u011fer kayb\u0131na kar\u015f\u0131 korunmak i\u00e7in KRW\u2019de sat\u0131m opsiyonlar\u0131na (fiyat d\u00fc\u015ferse kazand\u0131ran, zarar riskini s\u0131n\u0131rlamak i\u00e7in kullan\u0131lan opsiyon) daha fazla ilgi g\u00f6steriyor.\n\nDe\u011ferlendirilebilecek bir strateji, bu k\u0131r\u0131lgan para birimlerinden olu\u015fan bir sepeti ABD dolar\u0131na kar\u015f\u0131 satmak olabilir. Tayland Baht\u0131 da \u00f6ne \u00e7\u0131k\u0131yor; \u00e7\u00fcnk\u00fc Tayland\u2019\u0131n ge\u00e7en y\u0131l net enerji ithalat\u0131 (ithalat eksi ihracat) toplam t\u00fcketiminin %55\u2019inden fazlas\u0131na kar\u015f\u0131l\u0131k geldi. Bu ekonomilerin, uzun s\u00fcre y\u00fcksek enerji fiyatlar\u0131n\u0131 absorbe edecek tamponlar\u0131 (rezerv, mali alan, d\u00fc\u015f\u00fck d\u0131\u015f bor\u00e7 gibi koruyucu unsurlar) s\u0131n\u0131rl\u0131; bu da para birimlerini bask\u0131layabilir.\n\nBuna kar\u015f\u0131l\u0131k \u00c7in Yuan\u0131\u2019n\u0131n g\u00f6rece korunakl\u0131 kalmas\u0131, g\u00f6reli de\u011fer i\u015flemleri (iki varl\u0131\u011f\u0131n birbirine g\u00f6re performans fark\u0131na oynanan i\u015flem) i\u00e7in f\u0131rsat yaratabilir. \u00c7in\u2019in i\u00e7 enerji \u00fcretimi ihtiyac\u0131n\u0131n %80\u2019inden fazlas\u0131n\u0131 kar\u015f\u0131l\u0131yor ve stratejik petrol rezervleri \u00f6nemli bir g\u00fcvence sa\u011fl\u0131yor. Bu istikrar, riskten ka\u00e7\u0131\u015f d\u00f6nemlerinde (yat\u0131r\u0131mc\u0131lar\u0131n riskli varl\u0131klardan \u00e7\u0131k\u0131p g\u00fcvenli varl\u0131klara y\u00f6neldi\u011fi ortam) CNY\u2019nin b\u00f6lgedeki benzerlerinden daha iyi performans g\u00f6stermesine yol a\u00e7abilir.\n\nBu dayan\u0131kl\u0131l\u0131\u011f\u0131n, Malezya Ringgiti\u2019ni de desteklemesi bekleniyor. Malezya petrol ve gazda net ihracat\u00e7\u0131 oldu\u011fu i\u00e7in, enerji fiyatlar\u0131n\u0131n y\u00fckselmesinden fayda sa\u011flayabilir. CNY ile g\u00fc\u00e7l\u00fc ba\u011f dikkate al\u0131narak, ayr\u0131\u015fmadan yararlanmak i\u00e7in MYR\u2019de uzun (y\u00fckseli\u015f y\u00f6nl\u00fc) pozisyon ile THB\u2019de k\u0131sa (d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc) pozisyon e\u015fle\u015ftirmesi izlenebilir.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">VT Markets canl\u0131 hesab\u0131n\u0131z\u0131 olu\u015fturun<\/a>\u00a0ve\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">i\u015fleme ba\u015flay\u0131n<\/a>\u00a0. <\/b>\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>H\u00fcrm\u00fcz\u2019de kesinti riski Asya\u2019y\u0131 enerji \u015fokuna s\u00fcr\u00fckleyebilir: enflasyon, cari a\u00e7\u0131k ve b\u00fcy\u00fcme bask\u0131s\u0131 artar. KRW-PHP-THB k\u0131r\u0131lgan; CNY MYR daha dayan\u0131kl\u0131. Strateji: USD kar\u015f\u0131s\u0131nda sepet sat\u0131\u015f.<\/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-44004","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\/44004","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=44004"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44004\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}