{"id":44352,"date":"2026-04-10T19:21:44","date_gmt":"2026-04-10T19:21:44","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/rbcden-nathan-janzen-kanadada-isgucu-piyasasi-martta-istikrar-kazandi-istihdam-artarken-issizlik-67-oldu\/"},"modified":"2026-04-10T19:21:44","modified_gmt":"2026-04-10T19:21:44","slug":"rbcden-nathan-janzen-kanadada-isgucu-piyasasi-martta-istikrar-kazandi-istihdam-artarken-issizlik-67-oldu","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/rbcden-nathan-janzen-kanadada-isgucu-piyasasi-martta-istikrar-kazandi-istihdam-artarken-issizlik-67-oldu\/","title":{"rendered":"RBC\u2019den Nathan Janzen: Kanada\u2019da i\u015fg\u00fcc\u00fc piyasas\u0131 martta istikrar kazand\u0131; istihdam artarken i\u015fsizlik %6,7 oldu"},"content":{"rendered":"<p>Kanada\u2019da Mart ay\u0131nda istihdam y\u0131l\u0131n ilk kez artt\u0131 ve 14 bin y\u00fckseldi. Bu art\u0131\u015f, Ocak ve \u015eubat aylar\u0131nda toplam 109 binlik d\u00fc\u015f\u00fc\u015f\u00fcn ard\u0131ndan geldi.<\/p>\n<p>\u0130\u015fsizlik oran\u0131 Mart\u2019ta %6,7\u2019de kald\u0131. Ocak\u2019ta %6,5, Aral\u0131k\u2019ta %6,8 seviyesindeydi. Eyl\u00fcl 2025\u2019te ise %7,1 ile zirve yapm\u0131\u015ft\u0131.<\/p>\n<p>Son alt\u0131 ayda Kanada\u2019n\u0131n i\u015fg\u00fcc\u00fc (\u00e7al\u0131\u015fanlar ile i\u015f arayanlar\u0131n toplam\u0131) 39 bin azal\u0131rken, istihdam 42 bin artt\u0131. Eyl\u00fclden bu yana daha d\u00fc\u015f\u00fck i\u015fsizlik oran\u0131 sadece i\u015fe al\u0131mlar\u0131 de\u011fil, i\u015fg\u00fcc\u00fcn\u00fcn daha yava\u015f b\u00fcy\u00fcmesini de yans\u0131t\u0131yor.<\/p>\n<p>Daha zay\u0131f i\u015fg\u00fcc\u00fc art\u0131\u015f\u0131; n\u00fcfus art\u0131\u015f\u0131n\u0131n durmas\u0131 ve n\u00fcfusun ya\u015flanmas\u0131yla ba\u011flant\u0131l\u0131. Bunun, insanlar\u0131n i\u015f aramay\u0131 b\u0131rakmas\u0131na ba\u011flanmad\u0131\u011f\u0131 belirtildi.<\/p>\n<p>Genel b\u00fcy\u00fcme g\u00f6r\u00fcn\u00fcm\u00fcnde r\u00fczg\u00e2r tersine esmeye devam ediyor. Rapora g\u00f6re ki\u015fi ba\u015f\u0131na b\u00fcy\u00fcme ve i\u015fg\u00fcc\u00fc piyasas\u0131 ko\u015fullar\u0131 2026 boyunca kademeli olarak iyile\u015fecek.<\/p>\n<p>Son Kanada istihdam verileri, h\u0131zlanan de\u011fil dengelenen bir piyasaya i\u015faret ediyor. Bu durum, a\u015f\u0131r\u0131 iyimser ve agresif pozisyonlanmay\u0131 (fiyatlar\u0131n sert y\u00fckselece\u011fi beklentisiyle risk art\u0131rmay\u0131) s\u0131n\u0131rlayabilir. \u0130\u015fsizlik oran\u0131 ge\u00e7en Eyl\u00fcl\u2019deki %7,1 zirvesinden gerilemi\u015f olsa da, detaylar k\u0131r\u0131lgan bir dengeye i\u015faret ediyor. Bu dengelenme, Kanada Merkez Bankas\u0131\u2019n\u0131n (BoC) faizlerde b\u00fcy\u00fck olas\u0131l\u0131kla \u201cbekle-g\u00f6r\u201d (politika de\u011fi\u015fikli\u011fi yapmama) tutumunu koruyaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnd\u00fcr\u00fcyor; bu da k\u0131sa vadede faiz kaynakl\u0131 sert fiyat hareketi ihtimalini azalt\u0131yor.<\/p>\n<p>Merkez bankas\u0131n\u0131n temkinli duru\u015funu son enflasyon verileri de destekliyor. \u0130statistik Kurumu\u2019nun Mart raporuna g\u00f6re T\u00fcketici Fiyat Endeksi (T\u00dcFE: hanehalk\u0131n\u0131n sat\u0131n ald\u0131\u011f\u0131 mal ve hizmetlerin ortalama fiyat de\u011fi\u015fimi) %2,8 seviyesinde ve bu oran BoC\u2019nin %2 hedefinin belirgin bi\u00e7imde \u00fczerinde. T\u00fcrev i\u015flemler yapanlar i\u00e7in (t\u00fcrev: de\u011feri ba\u015fka bir varl\u0131\u011fa ba\u011fl\u0131 s\u00f6zle\u015fmeler) yava\u015f b\u00fcy\u00fcme ile kal\u0131c\u0131 enflasyonun birlikte g\u00f6r\u00fclmesi para politikas\u0131 i\u00e7in dar bir alan yarat\u0131yor. Bu ortamda, d\u00fc\u015f\u00fck oynakl\u0131ktan (fiyat dalgalanmas\u0131n\u0131n s\u0131n\u0131rl\u0131 kalmas\u0131ndan) kazan\u00e7 hedefleyen stratejiler \u00f6ne \u00e7\u0131kabilir; \u00f6rne\u011fin tahvil vadeli kontratlar\u0131nda \u201cstrangle satmak\u201d (belirli bir band\u0131n d\u0131\u015f\u0131na \u00e7\u0131k\u0131lmayaca\u011f\u0131 beklentisiyle hem al\u0131m hem sat\u0131m opsiyonu satmak) gibi.<\/p>\n<p>B\u00fcy\u00fcme taraf\u0131ndaki olumsuzluklar da belirgin. 2026 ilk \u00e7eyrek \u00f6nc\u00fc GSYH (Gayrisafi Yurt \u0130\u00e7i Has\u0131la: ekonominin toplam \u00fcretimi) verisi y\u0131ll\u0131kland\u0131r\u0131lm\u0131\u015f bazda yaln\u0131zca %0,9 artt\u0131. Bu zay\u0131f performans, n\u00fcfus art\u0131\u015f\u0131 dikkate al\u0131nd\u0131\u011f\u0131nda ki\u015fi ba\u015f\u0131na d\u00fc\u015fen b\u00fcy\u00fcme a\u00e7\u0131s\u0131ndan negatif bir tabloya i\u015faret ediyor. Bu da \u015firket k\u00e2rlar\u0131 ve hisse piyasas\u0131ndaki y\u00fckseli\u015f potansiyeli \u00fczerinde bir tavan olu\u015fabilece\u011fini d\u00fc\u015f\u00fcnd\u00fcr\u00fcyor. Bu nedenle opsiyonlarla (opsiyon: belirli fiyattan alma\/satma hakk\u0131 veren s\u00f6zle\u015fme) \u201ccovered call\u201d (eldeki hisseye kar\u015f\u0131 al\u0131m opsiyonu sat\u0131p prim geliri elde etmek) veya \u201cbear call spread\u201d (y\u00fckseli\u015fin s\u0131n\u0131rl\u0131 kalaca\u011f\u0131 beklentisiyle iki farkl\u0131 kullan\u0131m fiyat\u0131ndan al\u0131m opsiyonu al\u0131p satmak) gibi yakla\u015f\u0131mlar, s\u0131n\u0131rl\u0131 potansiyeli kabul ederek gelir yaratman\u0131n temkinli bir yolu olabilir.<\/p>\n<p>Daha d\u00fc\u015f\u00fck i\u015fsizlik oran\u0131n\u0131n bir k\u0131sm\u0131n\u0131n g\u00fc\u00e7l\u00fc i\u015fe al\u0131mdan de\u011fil, i\u015fg\u00fcc\u00fcn\u00fcn k\u00fc\u00e7\u00fclmesinden kaynaklanmas\u0131 \u00f6nemli bir zay\u0131fl\u0131k noktas\u0131. Bu durum, ABD verilerinin daha dayan\u0131kl\u0131 g\u00f6r\u00fcnmesiyle birlikte Kanada dolar\u0131n\u0131n ABD dolar\u0131 kar\u015f\u0131s\u0131nda y\u00fckseli\u015fini s\u0131n\u0131rlayabilir. USD\/CAD kurunun (1 ABD dolar\u0131 ka\u00e7 Kanada dolar\u0131) bir s\u00fcre bant i\u00e7inde kalmas\u0131 beklenebilir. Bu \u00e7er\u00e7evede, kurun 1,36\u20131,39 aral\u0131\u011f\u0131nda kalaca\u011f\u0131 varsay\u0131m\u0131na dayanan opsiyon stratejileri (kur belirli aral\u0131kta kal\u0131rsa kazan\u00e7 hedefleyen i\u015flemler) \u00f6n\u00fcm\u00fczdeki haftalarda uygulanabilir bir yakla\u015f\u0131m olarak g\u00f6r\u00fclebilir.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kanada\u2019da Mart\u2019ta istihdam 14 bin artt\u0131, i\u015fsizlik %6,7\u2019de kald\u0131: Piyasa h\u0131zlanm\u0131yor, dengeleniyor. BoC \u201cbekle-g\u00f6r\u201de yak\u0131n; b\u00fcy\u00fcme zay\u0131f, enflasyon %2,8. CAD\u2019de bant senaryosu \u00f6ne \u00e7\u0131k\u0131yor.<\/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-44352","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\/44352","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=44352"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44352\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}