ABD hisse vadeli i\u015flemleri (gelecekte teslim edilecek hisse s\u00f6zle\u015fmeleri) sal\u0131 g\u00fcn\u00fc s\u0131n\u0131rl\u0131 y\u00fckseldi; baz\u0131 teknoloji hisselerindeki art\u0131\u015flar etkili oldu. \u0130ran\u2019\u0131n, daha \u00f6nce ABD m\u00fcdahalesi olmadan ge\u00e7en \u00c7in\u2019de i\u015flem g\u00f6ren iki geminin ard\u0131ndan H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019n\u0131 kullanan gemileri durdurmayaca\u011f\u0131n\u0131 a\u00e7\u0131klamas\u0131yla risk i\u015ftah\u0131 (yat\u0131r\u0131mc\u0131lar\u0131n riskli varl\u0131klara y\u00f6nelme iste\u011fi) toparland\u0131.<\/p>\n
ABD borsalar\u0131 t\u00fcketici odakl\u0131 sekt\u00f6rler, ileti\u015fim ve teknoloji \u00f6nc\u00fcl\u00fc\u011f\u00fcnde y\u00fckselirken, enerji hisseleri Brent petrol\u00fcn varil ba\u015f\u0131na 98 dolar\u0131n alt\u0131na gerilemesiyle geride kald\u0131. S&P 500, Orta Do\u011fu\u2019daki \u00e7at\u0131\u015fman\u0131n ba\u015flang\u0131c\u0131na ba\u011fl\u0131 kay\u0131plar\u0131n\u0131 telafi etmeyi s\u00fcrd\u00fcrd\u00fc.<\/p>\n
JP Morgan, ilk \u00e7eyrek gelirinin (ciro) y\u0131ll\u0131k %10 art\u0131\u015fla 49,84 milyar dolara \u00e7\u0131kt\u0131\u011f\u0131n\u0131 ve 49,1 milyar dolarl\u0131k beklentiyi a\u015ft\u0131\u011f\u0131n\u0131 bildirdi. Net faiz geliri (kredilerden al\u0131nan faiz ile mevduata \u00f6denen faiz aras\u0131ndaki farktan gelen kazan\u00e7) %9 artarak 25,48 milyar dolara y\u00fckseldi. Banka 2026 i\u00e7in net faiz geliri tahminini 103 milyar dolar olarak a\u00e7\u0131klad\u0131; hisse %0,4 geriledi.<\/p>\n
Al\u0131m-sat\u0131m (trading) gelirleri yakla\u015f\u0131k 4 milyar dolar artarak 23 milyar dolara \u00e7\u0131kt\u0131; yat\u0131r\u0131m bankac\u0131l\u0131\u011f\u0131 \u00fccretleri %28 y\u00fckseldi. Banka, t\u00fcketicinin \u015fimdilik g\u00fc\u00e7l\u00fc oldu\u011funu belirtirken, sava\u015f kaynakl\u0131 risklere ve enerji fiyatlar\u0131ndaki sert dalgalanmalara dikkat \u00e7ekti.<\/p>\n
Yaz\u0131l\u0131m hisseleri toparland\u0131. Oracle pazartesi g\u00fcn\u00fc %12 y\u00fckseldikten sonra sal\u0131 erken i\u015flemlerde %6 daha artt\u0131. Oracle, eyl\u00fcl zirvesinin h\u00e2l\u00e2 yakla\u015f\u0131k %50 alt\u0131nda. \u015eirket, teknolojisinin ABD\u2019li t\u00fcketicilere y\u0131lda 300 milyon dolar tasarruf sa\u011flad\u0131\u011f\u0131n\u0131 s\u00f6yledi.<\/p>\n
Sterlin, dolar\u0131n zay\u0131flamas\u0131yla Birle\u015fik Krall\u0131k verileri k\u00f6t\u00fcle\u015fse de y\u00fckseldi. IMF, Birle\u015fik Krall\u0131k\u2019\u0131n 2026 GSYH b\u00fcy\u00fcme tahminini %1,3\u2019ten %0,8\u2019e indirdi. 10 y\u0131ll\u0131k Gilt (\u0130ngiltere devlet tahvili) ihalesi %4,9 getiriyle ger\u00e7ekle\u015fti; piyasa seviyesi %4,76 idi. \u0130ngiltere 10 y\u0131ll\u0131k tahvil getirileri 5 baz puan (0,05 puan) geriledi.<\/p>\n
Orta Do\u011fu\u2019da jeopolitik tansiyonun d\u00fc\u015fmesiyle riskli varl\u0131klara, \u00f6zellikle teknoloji sekt\u00f6r\u00fcne yeniden y\u00f6nelmek i\u00e7in sinyal g\u00fc\u00e7leniyor. CBOE Oynakl\u0131k Endeksi (VIX: S&P 500 i\u00e7in beklenen fiyat dalgalanmas\u0131n\u0131 g\u00f6steren \u201ckorku endeksi\u201d) \u00e7at\u0131\u015fma ba\u015flad\u0131\u011f\u0131ndan bu yana ilk kez 15\u2019in alt\u0131na indi. Bu g\u00f6r\u00fcn\u00fcm, Nasdaq 100 gibi teknoloji a\u011f\u0131rl\u0131kl\u0131 endekslerde k\u0131sa vadeli al\u0131m opsiyonu (call: belirli fiyattan alma hakk\u0131) al\u0131m\u0131n\u0131 destekliyor. Oracle\u2019daki y\u00fckseli\u015f, 2025 sonlar\u0131nda sert sat\u0131lan yaz\u0131l\u0131m hisselerine ilginin geri d\u00f6nd\u00fc\u011f\u00fcn\u00fc g\u00f6steriyor.<\/p>\n
Teknolojideki toparlanma, 2023\u2019\u00fcn ikinci \u00e7eyre\u011finde b\u00fcy\u00fcme hisselerinde (k\u00e2r\u0131n\u0131 ileride art\u0131rmas\u0131 beklenen \u015firketler) g\u00f6r\u00fclen h\u0131zl\u0131 geri d\u00f6n\u00fc\u015f\u00fc hat\u0131rlat\u0131yor. Oracle\u2019\u0131n yapay zek\u00e2 (AI: veriden \u00f6\u011frenip karar\/\u00f6neri \u00fcreten yaz\u0131l\u0131m) kullan\u0131m\u0131n\u0131n somut faydas\u0131n\u0131 g\u00f6stermesi, bu iyimserli\u011fe temel bir gerek\u00e7e sunuyor. Piyasan\u0131n yenili\u011fi yeniden \u00f6d\u00fcllendirmeye haz\u0131r oldu\u011fu mesaj\u0131 g\u00fc\u00e7leniyor. Bunu de\u011ferlendirmek i\u00e7in, \u00f6nde gelen yaz\u0131l\u0131m ETF\u2019lerinde \u201czarar riski s\u0131n\u0131rl\u0131\u201d uzak fiyatl\u0131 sat\u0131m opsiyonu stratejileri (out-of-the-money put spread: d\u00fc\u015f\u00fck olas\u0131l\u0131kl\u0131 d\u00fc\u015f\u00fc\u015fe kar\u015f\u0131 iki sat\u0131m opsiyonunu birlikte kullanma) d\u00fc\u015f\u00fcn\u00fclebilir; oynakl\u0131k azal\u0131rken opsiyon primleri (opsiyonun fiyat\u0131) d\u00fc\u015fer.<\/p>\n
H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019nda tansiyonun d\u00fc\u015fmesi petrol \u00fczerinde bask\u0131 kuruyor; Brent varil ba\u015f\u0131na 98 dolar\u0131n alt\u0131na indi. ABD Enerji Enformasyon \u0130daresi (EIA: ABD\u2019nin resmi enerji istatistik kurumu) verileri de zay\u0131fl\u0131\u011f\u0131 do\u011fruluyor: ge\u00e7en hafta ABD ham petrol stoklar\u0131nda beklenmedik \u015fekilde 2,8 milyon varil art\u0131\u015f g\u00f6r\u00fcld\u00fc. Bu tablo, petrol daha d\u00fc\u015f\u00fck bir denge ararken enerji sekt\u00f6r\u00fc ETF\u2019lerinde sat\u0131m opsiyonu (put: belirli fiyattan satma hakk\u0131) al\u0131m\u0131n\u0131n \u00f6ne \u00e7\u0131kabilece\u011fine i\u015faret ediyor.<\/p>\n
JPMorgan\u2019\u0131n ABD\u2019li t\u00fcketiciye dair temkinli duru\u015fu, piyasa y\u00fckselse bile g\u00f6z ard\u0131 edilmemeli. Fed (ABD Merkez Bankas\u0131) verilerine g\u00f6re d\u00f6ner kredi borcu (revolving credit: kredi kart\u0131 gibi s\u00fcrekli yenilenen bor\u00e7) 1,5 trilyon dolar ile rekor k\u0131rd\u0131; hane b\u00fct\u00e7elerinin zorland\u0131\u011f\u0131 g\u00f6r\u00fcl\u00fcyor. Bunun i\u00e7in, t\u00fcketici odakl\u0131 ETF\u2019lerde daha uzun vadeli sat\u0131m opsiyonu almak, mevcut iyimserli\u011fe kar\u015f\u0131 korunma (hedge: olumsuz senaryoda zarar\u0131 azaltma) sa\u011flayabilir.<\/p>\n
D\u00f6viz piyasas\u0131nda sterlinin g\u00fcc\u00fc, Birle\u015fik Krall\u0131k\u2019\u0131n zay\u0131f ekonomik g\u00f6r\u00fcn\u00fcm\u00fcyle uyumsuz g\u00f6r\u00fcn\u00fcyor. \u00dclke 2008\u2019den bu yana en y\u00fcksek faizle bor\u00e7lan\u0131rken b\u00fcy\u00fcme tahmini de d\u00fc\u015f\u00fcr\u00fcld\u00fc; buna ra\u011fmen sterlin dolar kar\u015f\u0131s\u0131nda y\u00fckseliyor. Bu ayr\u0131\u015fma, sterlinin k\u00fcresel \u201crisk alma\u201d havas\u0131yla desteklendi\u011fine i\u015faret ediyor. \u0130lk iyimserlik dalgas\u0131 s\u00f6n\u00fcnce, vadeli i\u015flemler (futures: ileri tarihli kur s\u00f6zle\u015fmesi) veya opsiyonlarla sterlinde k\u0131sa pozisyon (d\u00fc\u015f\u00fc\u015f beklentisiyle sat\u0131\u015f y\u00f6nl\u00fc i\u015flem) f\u0131rsat\u0131 olu\u015fabilir.<\/p>\n","protected":false},"excerpt":{"rendered":"
Risk i\u015ftah\u0131 geri d\u00f6nd\u00fc: \u0130ran\u2019\u0131n H\u00fcrm\u00fcz a\u00e7\u0131klamas\u0131yla vadeli endeksler ve teknoloji y\u00fckseldi, VIX 15 alt\u0131na indi. Brent 98$ alt\u0131 enerji bask\u0131l\u0131yor; JPMorgan sonu\u00e7lar\u0131 kar\u0131\u015f\u0131k, korunma stratejileri \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-44591","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\/44591","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=44591"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44591\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}