ABD Ba\u015fkan Yard\u0131mc\u0131s\u0131 JD Vance, \u0130ran\u2019la g\u00f6r\u00fc\u015fmelerin s\u00fcrd\u00fc\u011f\u00fcn\u00fc ve ABD\u2019nin, \u0130ran\u2019\u0131n d\u00fcnya ekonomisiyle ba\u011flar\u0131n\u0131 (ticaret ve para ak\u0131\u015f\u0131 ili\u015fkileri) da kapsayan daha geni\u015f bir anla\u015fma hedefledi\u011fini s\u00f6yledi. Vance, halka a\u00e7\u0131k bir etkinlikte konu\u015farak m\u00fczakerelerin Pakistan dahil birden fazla kanal \u00fczerinden y\u00fcr\u00fct\u00fcld\u00fc\u011f\u00fcn\u00fc belirtti.<\/p>\n
Vance, g\u00f6r\u00fc\u015fmelerin \u00e7ok ciddi ilerleme kaydetti\u011fini ve ate\u015fkesin art arda yedinci g\u00fcnd\u00fcr korundu\u011funu s\u00f6yledi. Taraflar aras\u0131ndaki onlarca y\u0131ll\u0131k g\u00fcvensizlik nedeniyle anla\u015fman\u0131n h\u0131zl\u0131 gelmesinin beklenmedi\u011fini ifade etti.<\/p>\n
Vance, Washington\u2019un \u0130ran\u2019\u0131n n\u00fckleer silaha sahip olmas\u0131na asla izin vermeyece\u011fini s\u00f6yledi. Tahran \u201cnormal bir \u00fclke gibi\u201d davran\u0131rsa, ekonomik a\u00e7\u0131dan da \u00f6yle muamele g\u00f6rebilece\u011fini; bunun da k\u00fcresel ticaret ve finans sistemlerine (uluslararas\u0131 bankac\u0131l\u0131k ve para transfer altyap\u0131s\u0131) daha derin entegrasyon anlam\u0131na gelece\u011fini ekledi.<\/p>\n
Piyasalarda hisse senetlerinde (borsa) genel olarak olumlu bir hava g\u00f6r\u00fcld\u00fc; a\u00e7\u0131klamalar\u0131n diplomas\u0131 se\u00e7ene\u011fini a\u00e7\u0131k tuttu\u011fu de\u011ferlendirildi. Tepki, daha geni\u015f piyasalarda \u201crisk alma\u201d i\u015ftah\u0131yla (yat\u0131r\u0131mc\u0131lar\u0131n daha riskli varl\u0131klara y\u00f6nelmesi) ili\u015fkilendirildi.<\/p>\n
\u0130ran\u2019la s\u00fcren g\u00f6r\u00fc\u015fmeler enerji piyasalar\u0131nda oynakl\u0131\u011f\u0131 (fiyatlar\u0131n sert ve s\u0131k de\u011fi\u015fmesi) bask\u0131l\u0131yor ve \u015fimdilik petrol fiyatlar\u0131n\u0131 s\u0131n\u0131rl\u0131yor. Ate\u015fkesin korunmas\u0131yla, 2025 sonundaki gerilim s\u0131ras\u0131nda ham petrole eklenen \u201cjeopolitik risk primi\u201d (siyasi\/askeri risk nedeniyle fiyata eklenen ekstra bedel) ortadan kalkt\u0131. Yat\u0131r\u0131mc\u0131lar, CBOE Volatilite Endeksi\u2019nin (VIX; piyasadaki beklenen dalgalanmay\u0131 \u00f6l\u00e7en g\u00f6sterge, \u201ckorku endeksi\u201d olarak da bilinir) 14 civar\u0131nda seyretti\u011fini not ediyor. Bu, piyasan\u0131n rahat davrand\u0131\u011f\u0131na i\u015faret ediyor; ancak hassas m\u00fczakereler bozulursa bu durum kal\u0131c\u0131 olmayabilir.<\/p>\n
Bir anla\u015fman\u0131n, \u0130ran petrol\u00fcn\u00fcn g\u00fcnde 1 milyon varilin \u00fczerinde k\u0131sm\u0131n\u0131 yeniden resmi piyasaya getirebilece\u011fi ihtimali, WTI ham petrol\u00fcnde (ABD referans ham petrol\u00fc t\u00fcr\u00fc) net bir a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131 yarat\u0131yor. WTI \u015fu s\u0131ralar varil ba\u015f\u0131na 78 dolar civar\u0131nda i\u015flem g\u00f6r\u00fcyor. Bu, diplomatik bir at\u0131l\u0131m olursa fiyat\u0131n 70 dolar\u0131n d\u00fc\u015f\u00fck seviyelerine gerilemesine kar\u015f\u0131 pozisyon almak isteyenlerin petrol vadeli i\u015flemlerinde (gelecekte teslimat i\u00e7in standart s\u00f6zle\u015fme) \u201cput opsiyonu\u201d (fiyat d\u00fc\u015f\u00fc\u015f\u00fcnden kazan\u00e7 hedefleyen opsiyon) almay\u0131 de\u011ferlendirebilece\u011fine i\u015faret ediyor. Piyasan\u0131n, ba\u015far\u0131l\u0131 bir anla\u015fma olas\u0131l\u0131\u011f\u0131n\u0131 tam olarak fiyatlamad\u0131\u011f\u0131 belirtiliyor.<\/p>\n
Diplomatik ilerlemenin besledi\u011fi bu \u201crisk alma\u201d havas\u0131 hisse senetlerini desteklemeye devam ediyor; S&P 500 (ABD\u2019nin geni\u015f hisse endeksi) \u00e7ok y\u0131ll\u0131 zirvelerine yak\u0131n seyrediyor. G\u00f6r\u00fc\u015fmelerden gelecek olumlu haberlerin devam\u0131, endeksi daha da yukar\u0131 ta\u015f\u0131yabilir; bu da geni\u015f piyasa ETF\u2019lerinde (borsada i\u015flem g\u00f6ren fon) \u201ccall opsiyonu\u201dnu (fiyat y\u00fckseli\u015finden kazan\u00e7 hedefleyen opsiyon) \u00f6n\u00fcm\u00fczdeki haftalar i\u00e7in cazip k\u0131labilir. Ancak risk s\u00fcr\u00fcyor; g\u00f6r\u00fc\u015fmelerin bozulmas\u0131 sert bir piyasa d\u00f6n\u00fc\u015f\u00fcn\u00fc tetikleyebilir.<\/p>\n
Anla\u015fma garanti olmad\u0131\u011f\u0131 i\u00e7in, olumsuz bir sonuca kar\u015f\u0131 korunma (hedge; riski s\u0131n\u0131rlamak i\u00e7in ters y\u00f6nde pozisyon) mant\u0131kl\u0131 g\u00f6r\u00fcl\u00fcyor. Ba\u015fkan Yard\u0131mc\u0131s\u0131\u2019n\u0131n vurgulad\u0131\u011f\u0131 \u201conlarca y\u0131ll\u0131k g\u00fcvensizlik\u201d, ba\u015far\u0131s\u0131zl\u0131k ihtimalinin kayda de\u011fer oldu\u011funa i\u015faret ediyor. Ucuz \u201cout-of-the-money\u201d (kullan\u0131m fiyat\u0131 mevcut seviyeden uzak, bu nedenle primi d\u00fc\u015f\u00fck) VIX \u201ccall\u201d opsiyonlar\u0131, ate\u015fkes bozulur ve askeri gerilim yeniden artarsa g\u00fc\u00e7l\u00fc bir koruma sa\u011flayabilir.<\/p>\n","protected":false},"excerpt":{"rendered":"
Piyasalar diken \u00fcst\u00fcnde: Vance, \u0130ran\u2019la \u00e7ok kanall\u0131 m\u00fczakerelerde ciddi ilerleme ve 7 g\u00fcnl\u00fck ate\u015fkes s\u00fcr\u00fcyor dedi. Anla\u015fma, \u0130ran petrol\u00fcn\u00fc art\u0131r\u0131p WTI\u2019y\u0131 bask\u0131layabilir; risk i\u015ftah\u0131 y\u00fckseldi.<\/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-44641","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\/44641","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=44641"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44641\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}