ABD CFTC (Vadeli \u0130\u015flemler Ticaret Komisyonu) verileri, S&P 500 NC (ticari olmayanlar: b\u00fcy\u00fck spek\u00fclat\u00f6rler) net pozisyonlar\u0131n\u0131n -45,7 bin kontrata geriledi\u011fini g\u00f6steriyor. \u00d6nceki veri -42,5 bindi.<\/p>\n
Bu, net pozisyonda -3,2 bin kontratl\u0131k de\u011fi\u015fime i\u015faret ediyor. Her iki veri de s\u0131f\u0131r\u0131n alt\u0131nda kalmay\u0131 s\u00fcrd\u00fcr\u00fcyor.<\/p>\n
Bu tablo, b\u00fcy\u00fck spek\u00fclat\u00f6rlerin (hedge fonlar dahil) S&P 500\u2019\u00fcn d\u00fc\u015f\u00fc\u015f\u00fcne y\u00f6nelik pozisyonlar\u0131n\u0131 art\u0131rd\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu yat\u0131r\u0131mc\u0131lar\u0131n net k\u0131sa (d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc) pozisyonu daha da negatife d\u00f6nd\u00fc. Bu hareket, vadeli i\u015flemler piyasas\u0131nda d\u00fc\u015f\u00fc\u015f beklentisinin g\u00fc\u00e7lendi\u011fine i\u015faret ediyor.<\/p>\n
Bu temkinli duru\u015fun, bu hafta a\u00e7\u0131klanan son enflasyon verisiyle ba\u011flant\u0131l\u0131 olmas\u0131 muhtemel. Mart 2026 T\u00dcFE (T\u00fcketici Fiyat Endeksi) %3,1 geldi; beklenti %2,9\u2019du. Bu durum, Fed\u2019in \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekten \u00f6nce faiz indirimi yapma olas\u0131l\u0131\u011f\u0131n\u0131 azalt\u0131yor.<\/p>\n
Piyasa ise son zirvelerden geri \u00e7ekildi. S&P 500, son iki haftada %2,5 d\u00fc\u015f\u00fc\u015f\u00fcn ard\u0131ndan 50 g\u00fcnl\u00fck hareketli ortalamas\u0131n\u0131 test ediyor. Buna kar\u015f\u0131l\u0131k VIX endeksi (beklenen oynakl\u0131k g\u00f6stergesi) 20\u2019nin biraz \u00fczerine \u00e7\u0131kt\u0131. Bu seviye, 2025 sonundaki k\u0131sa s\u00fcreli piyasa tedirginli\u011finden bu yana en y\u00fcksek d\u00fczey.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dikkat \u00e7eken sinyal: CFTC\u2019ye g\u00f6re S&P 500\u2019de b\u00fcy\u00fck spek\u00fclat\u00f6rlerin net pozisyonu -45,7 bin kontrata indi; net k\u0131sa artt\u0131. Beklentiyi a\u015fan T\u00dcFE (%3,1) faiz indirimi umudunu zay\u0131flat\u0131rken, endeks 50GHO\u2019yu test ediyor, VIX 20 \u00fcst\u00fcne \u00e7\u0131kt\u0131.<\/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-44382","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\/44382","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=44382"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44382\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}