Meksika\u2019n\u0131n sanayi \u00fcretimi martta y\u0131ll\u0131k bazda %1,3 d\u00fc\u015ft\u00fc. Bu, %1,5\u2019lik d\u00fc\u015f\u00fc\u015f beklentisinin \u00fczerinde ger\u00e7ekle\u015fti.<\/p>\n
Veri, beklenenden biraz daha s\u0131n\u0131rl\u0131 bir gerilemeye i\u015faret ediyor. G\u00fcncellemede daha ayr\u0131nt\u0131l\u0131 bir k\u0131r\u0131l\u0131m (hangi sekt\u00f6rlerin ne kadar katk\u0131 verdi\u011fi gibi) payla\u015f\u0131lmad\u0131.<\/p>\n
Sanayi \u00fcretimindeki son veriler olumsuz olsa da korktu\u011fumuzdan daha iyi geldi. Bu da d\u00fc\u015f\u00fc\u015f\u00fcn taban buluyor olabilece\u011fini g\u00f6steriyor. Bu k\u00fc\u00e7\u00fck \u201cpozitif s\u00fcrpriz\u201d (beklentiden daha iyi veri), son d\u00f6nemde bask\u0131 alt\u0131nda olan Meksika pesosuna k\u0131sa vadede destek verebilir. Bu g\u00f6r\u00fcn\u00fcmden yararlanmak i\u00e7in MXN \u00fczerinde k\u0131sa vadeli al\u0131m opsiyonu (call: belirli fiyattan alma hakk\u0131) veya USD\/MXN paritesinde sat\u0131m opsiyonu (put: belirli fiyattan satma hakk\u0131) de\u011ferlendirilebilir.<\/p>\n
Bu veri, ABD\u2019de nisan ay\u0131 dayan\u0131kl\u0131 mal sipari\u015flerinin (uzun \u00f6m\u00fcrl\u00fc \u00fcr\u00fcnlere y\u00f6nelik sipari\u015fler) beklentilerin aksine %0,7 artmas\u0131n\u0131n ard\u0131ndan geldi. Bu, ABD talebine g\u00fc\u00e7l\u00fc \u015fekilde ba\u011fl\u0131 Meksikal\u0131 \u00fcreticiler i\u00e7in olumlu bir sinyal. 2025\u2019in ikinci yar\u0131s\u0131ndaki belirgin sanayi yava\u015flamas\u0131n\u0131n, ABD\u2019de t\u00fcketimin zay\u0131flamas\u0131na do\u011frudan ba\u011fl\u0131 oldu\u011funu hat\u0131rl\u0131yoruz. S\u0131n\u0131r\u0131n iki taraf\u0131nda da verilerin beklentiden iyi gelmesi, Meksika sanayisi i\u00e7in g\u00f6r\u00fcn\u00fcm\u00fc dengelleyebilir.<\/p>\n
Meksika Merkez Bankas\u0131\u2019n\u0131n (Banxico) bu raporu, faiz indirimlerinde temkinli duru\u015funu s\u00fcrd\u00fcrmek i\u00e7in bir gerek\u00e7e olarak g\u00f6rmesi muhtemel. Enflasyon ge\u00e7en ay yakla\u015f\u0131k %4,4 seviyesinde yatay seyrederken, \u00fcretimdeki bu daha g\u00fc\u00e7l\u00fc g\u00f6r\u00fcn\u00fcm bir sonraki toplant\u0131da daha sert bir faiz indirimi i\u00e7in aciliyeti azalt\u0131yor. Bu \u00e7er\u00e7evede k\u0131sa vadeli TIIE swap\u2019larda sabit faiz almak (swap: iki taraf\u0131n faiz \u00f6demelerini de\u011fi\u015ftirdi\u011fi t\u00fcrev s\u00f6zle\u015fme; TIIE: Meksika\u2019da referans k\u0131sa vadeli faiz) avantajl\u0131 bir pozisyon olabilir; \u00e7\u00fcnk\u00fc piyasa daha h\u0131zl\u0131 bir \u201cgev\u015feme d\u00f6ng\u00fcs\u00fcn\u00fc\u201d (faiz indirim s\u00fcreci) fiyatlam\u0131\u015f olabilir.<\/p>\n","protected":false},"excerpt":{"rendered":"
Meksika sanayi \u00fcretimi martta y\u0131ll\u0131k %1,3 geriledi; d\u00fc\u015f\u00fc\u015f beklentiden s\u0131n\u0131rl\u0131. Bu \u201cpozitif s\u00fcrpriz\u201d pesoya destek verebilir. Banxico\u2019nun agresif faiz indirimi bask\u0131s\u0131 azal\u0131rken, TIIE swap\u2019ta sabit faiz almak \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-46536","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\/46536","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=46536"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46536\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}