Kanada\u2019n\u0131n Kanada menkul k\u0131ymetlerine (hisse ve tahvil gibi yat\u0131r\u0131m ara\u00e7lar\u0131na) y\u00f6nelik yabanc\u0131 portf\u00f6y yat\u0131r\u0131m\u0131 \u015eubat\u2019ta 6,17 milyar Kanada dolar\u0131 oldu. Bu de\u011fer, beklenen 23,81 milyar Kanada dolar\u0131n\u0131n alt\u0131nda kald\u0131.<\/p>\n
Veri, \u015eubat\u2019taki ger\u00e7ekle\u015fen yabanc\u0131 giri\u015fini piyasa beklentisiyle kar\u015f\u0131la\u015ft\u0131r\u0131yor. Sonu\u00e7, tahmin edilenden daha az net yabanc\u0131 para giri\u015fine i\u015faret ediyor.<\/p>\n
\u015eubat\u2019ta yabanc\u0131 yat\u0131r\u0131m\u0131n sert d\u00fc\u015fmesi, Kanada dolar\u0131 i\u00e7in belirgin bir olumsuz (de\u011fer kayb\u0131) sinyalidir. Bunu, uluslararas\u0131 yat\u0131r\u0131mc\u0131lar\u0131n Kanada piyasalar\u0131nda pozisyon almada daha temkinli davrand\u0131\u011f\u0131na dair erken bir uyar\u0131 olarak g\u00f6r\u00fcyoruz. Beklentiden 17 milyar Kanada dolar\u0131n\u0131 a\u015fan sapma, g\u00f6z ard\u0131 edilemez.<\/p>\n
Bu rapor, \u00f6zellikle WCS petrol fiyatlar\u0131ndaki (Western Canadian Select: Kanada\u2019n\u0131n bir petrol t\u00fcr\u00fc) son d\u00fc\u015f\u00fc\u015fle ayn\u0131 d\u00f6neme denk geldi\u011fi i\u00e7in \u201cloonie\u201d (Kanada dolar\u0131n\u0131n takma ad\u0131) \u00fczerinde a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131 yarat\u0131yor. WCS, 2025 sonlar\u0131ndaki 78 dolar\u0131n \u00fczerindeki zirvelerinden varil ba\u015f\u0131na 70 dolar\u0131n alt\u0131na geriledi. Bu iki olumsuz etken nedeniyle, \u00f6n\u00fcm\u00fczdeki 60 g\u00fcn i\u00e7inde vadesi dolan USD\/CAD al\u0131m opsiyonlar\u0131n\u0131 (call option: belirli tarihe kadar belirli fiyattan alma hakk\u0131) takip ediyoruz. Bu pozisyon, Kanada dolar\u0131 ABD dolar\u0131 kar\u015f\u0131s\u0131nda zay\u0131flamay\u0131 s\u00fcrd\u00fcr\u00fcrse kazan\u00e7 sa\u011flar.<\/p>\n
Ayr\u0131ca, yabanc\u0131 talepteki bu zay\u0131fl\u0131k Kanada Merkez Bankas\u0131\u2019n\u0131n (BoC) daha \u201c\u015fahin\u201d (hawkish: faiz art\u0131rmaya daha istekli, s\u0131k\u0131 para politikas\u0131 yanl\u0131s\u0131) bir faiz politikas\u0131 izlemesi \u00fczerindeki bask\u0131y\u0131 azalt\u0131r. Ge\u00e7en haftaki enflasyon verisi de enflasyonun %2,6\u2019ya do\u011fru hafif geriledi\u011fini g\u00f6sterdi; bu da bankaya \u201cbekle-g\u00f6r\u201d i\u00e7in alan a\u00e7\u0131yor. CORRA\u2019ya (Kanada Gecelik Repo Faiz Oran\u0131: piyasadaki gecelik faiz \u00f6l\u00e7\u00fct\u00fc) ba\u011fl\u0131 t\u00fcrev \u00fcr\u00fcnlerin (derivative: de\u011feri ba\u015fka bir g\u00f6stergeye ba\u011fl\u0131 finansal s\u00f6zle\u015fme) yaz aylar\u0131nda faiz art\u0131\u015f\u0131 ihtimalini daha d\u00fc\u015f\u00fck fiyatlamas\u0131, de\u011ferlendirilebilir bir f\u0131rsat sunuyor.<\/p>\n
Hisse taraf\u0131nda, S&P\/TSX Composite endeksi g\u00fc\u00e7l\u00fc yabanc\u0131 giri\u015fleri olmadan k\u0131r\u0131lgan g\u00f6r\u00fcn\u00fcyor; benzer bir tabloyu 2024 ortas\u0131nda, piyasa d\u00fczeltmesi (correction: h\u0131zl\u0131 d\u00fc\u015f\u00fc\u015f) \u00f6ncesinde de g\u00f6rm\u00fc\u015ft\u00fck. Endekste a\u011f\u0131rl\u0131\u011f\u0131 y\u00fcksek olan finans ve enerji gibi kilit sekt\u00f6rler, azalan uluslararas\u0131 g\u00fcvene daha a\u00e7\u0131k. \u00d6n\u00fcm\u00fczdeki haftalarda olas\u0131 d\u00fc\u015f\u00fc\u015fe kar\u015f\u0131 korunmak i\u00e7in, Kanada borsa ETF\u2019leri (ETF: borsada i\u015flem g\u00f6ren fon) \u00fczerinde sat\u0131m opsiyonu (put option: belirli tarihe kadar belirli fiyattan satma hakk\u0131) almay\u0131 bir \u201chedge\u201d (korunma ama\u00e7l\u0131 pozisyon) olarak de\u011ferlendiriyoruz.<\/p>\n
\u015eok veri: Kanada\u2019ya \u015eubat\u2019ta yabanc\u0131 portf\u00f6y giri\u015fi 6,17 milyar CAD\u2019da kalarak 23,81 milyar beklentiyi ezdi. Sert sapma loonie\u2019de bask\u0131, BoC \u015fahinli\u011finde gev\u015feme ve TSX\u2019te k\u0131r\u0131lganl\u0131k sinyali.<\/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-44894","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\/44894","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=44894"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44894\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}