G\u00fcney Kore\u2019nin sanayi \u00fcretimi Mart ay\u0131nda y\u0131ll\u0131k bazda %3,6 artt\u0131. Bu oran, %3,8 olan beklentinin alt\u0131nda kald\u0131.<\/p>\n
Mart verisi beklentilerin 0,2 puan alt\u0131nda geldi. Ba\u015fka veri payla\u015f\u0131lmad\u0131.<\/p>\n
Mart ay\u0131nda sanayi \u00fcretiminin beklentiyi az farkla ka\u00e7\u0131rmas\u0131, G\u00fcney Kore ekonomisinde hafif bir yava\u015flamaya i\u015faret ediyor. Bunu, KOSPI 200 endeksi \u00fczerinde k\u0131sa vadeli sat\u0131m opsiyonu (put: endeks d\u00fc\u015ferse de\u011fer kazanan opsiyon) al\u0131m\u0131n\u0131 de\u011ferlendirmek i\u00e7in bir f\u0131rsat olarak g\u00f6r\u00fcyoruz. Ama\u00e7, piyasan\u0131n beklenenden zay\u0131f b\u00fcy\u00fcme sinyalini fiyatlarken olas\u0131 bir geri \u00e7ekilmeyi hedeflemek.<\/p>\n
Bu veri, Kore wonu \u00fczerinde a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131y\u0131 art\u0131r\u0131yor. Won bu ay dolar kar\u015f\u0131s\u0131nda 1.380 seviyesinin \u00fczerine zay\u0131flam\u0131\u015ft\u0131. D\u00f6viz yat\u0131r\u0131mc\u0131lar\u0131 a\u00e7\u0131s\u0131ndan bu, vadeli i\u015flem (future: ileri tarihte belirli fiyattan al\u0131m-sat\u0131m s\u00f6zle\u015fmesi) veya opsiyonlarla USD\/KRW\u2019de uzun pozisyonu (dolar al\u0131m\u0131) destekliyor. Kore Merkez Bankas\u0131\u2019n\u0131n nisan ba\u015f\u0131nda faizi %3,5\u2019te sabit tutmas\u0131, yeni bir enflasyon (fiyat art\u0131\u015flar\u0131) endi\u015fesi yaratmadan para birimini destekleme alan\u0131n\u0131 s\u0131n\u0131rl\u0131yor.<\/p>\n
Buna kar\u015f\u0131l\u0131k daha g\u00fcncel veriler de izlenmeli. Nisan 2026\u2019n\u0131n ilk 20 g\u00fcn\u00fcne ait \u00f6n g\u00fcmr\u00fck verileri, yar\u0131 iletken ihracat\u0131n\u0131n y\u0131ll\u0131k bazda %12\u2019den fazla artt\u0131\u011f\u0131n\u0131 g\u00f6sterdi. Bu durum, Mart\u2019taki yava\u015flaman\u0131n teknoloji sekt\u00f6r\u00fcndeki ileriye d\u00f6n\u00fck g\u00fcc\u00fc yans\u0131tmayabilece\u011fine i\u015faret ediyor. Bu nedenle b\u00fcy\u00fck teknoloji hisselerinde olas\u0131 geri \u00e7ekilmeler, nakit teminatl\u0131 sat\u0131m opsiyonu sat\u0131\u015f\u0131 (cash-secured put: opsiyon kullan\u0131lursa hisseyi alacak nakdi ay\u0131rarak put satmak) i\u00e7in f\u0131rsat olabilir; zay\u0131fl\u0131\u011f\u0131n ge\u00e7ici olaca\u011f\u0131 varsay\u0131l\u0131r.<\/p>\n
2022-2023 d\u00f6neminde yar\u0131 iletken d\u00f6ng\u00fcs\u00fcndeki sert oynakl\u0131k (k\u0131sa s\u00fcrede b\u00fcy\u00fck fiyat dalgalanmas\u0131) hat\u0131rlanmal\u0131. Bu ge\u00e7mi\u015f, tek bir ayl\u0131k sanayi verisini kesin bir trend olarak g\u00f6rmemeyi gerektiriyor. Mart \u00fcretimi ile Nisan ihracat\u0131 aras\u0131ndaki \u00e7eli\u015fkili sinyaller, ima edilen oynakl\u0131\u011f\u0131 (implied volatility: opsiyon fiyatlar\u0131na yans\u0131yan beklenen dalgalanma) art\u0131rabilir. Bu da, \u00f6nemli sanayi ETF\u2019lerinde straddle (ayn\u0131 vade ve kullan\u0131m fiyat\u0131yla hem al\u0131m hem sat\u0131m opsiyonu alarak sert hareket bekleme stratejisi) gibi stratejileri daha cazip hale getirebilir.<\/p>\n
B\u00f6lgesel tablo da \u00f6nemli. \u00c7in\u2019in Nisan imalat PMI verisi 50,4 ile b\u00fcy\u00fcmeyi i\u015faret eden b\u00f6lgede kald\u0131. PMI (Sat\u0131n Alma Y\u00f6neticileri Endeksi: 50 \u00fcst\u00fc geni\u015fleme, 50 alt\u0131 daralma) verisi, G\u00fcney Kore\u2019nin en b\u00fcy\u00fck ticaret orta\u011f\u0131 olan \u00c7in\u2019den talebin \u015fimdilik istikrarl\u0131 oldu\u011funu g\u00f6steriyor. Bu da, sanayi \u00fcretimi verisine ba\u011fl\u0131 olarak Kore hisselerinde sert bir sat\u0131\u015f olursa a\u015fa\u011f\u0131 y\u00f6n\u00fc s\u0131n\u0131rlayabilir.<\/p>\n","protected":false},"excerpt":{"rendered":"
G\u00fcney Kore sanayi \u00fcretimi Mart\u2019ta %3,6 artt\u0131; beklenti %3,8\u2019in alt\u0131nda kald\u0131. Hafif so\u011fuma wonu bask\u0131larken KOSPI\u2019de put, USD\/KRW long \u00f6ne \u00e7\u0131k\u0131yor; g\u00fc\u00e7l\u00fc yar\u0131 iletken ihracat\u0131 d\u00fc\u015f\u00fc\u015fleri s\u0131n\u0131rlayabilir.<\/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-45806","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\/45806","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=45806"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45806\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=45806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=45806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=45806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}