Almanya\u2019n\u0131n mevsimsellikten ar\u0131nd\u0131r\u0131lmam\u0131\u015f (takvim etkileri ve d\u00f6nemsel dalgalanmalar d\u00fczeltilmemi\u015f) cari i\u015flemler dengesi Mart\u2019ta 23,6 milyar euroya y\u00fckseldi. \u00d6nceki d\u00f6nemde 22 milyar euroydu.<\/p>\n
Bu de\u011fi\u015fim, \u00f6nceki veriye g\u00f6re 1,6 milyar euro art\u0131\u015fa i\u015faret ediyor. Veriler Almanya\u2019ya ait ve euro cinsinden a\u00e7\u0131klan\u0131yor.<\/p>\n
Mart\u2019ta cari fazla (\u00fclkenin d\u0131\u015f d\u00fcnyadan net d\u00f6viz giri\u015fini g\u00f6steren dengenin art\u0131da olmas\u0131) art\u0131\u015f\u0131, ihracat taraf\u0131n\u0131n g\u00fc\u00e7l\u00fc oldu\u011funa ve d\u0131\u015f talebin canl\u0131 seyretti\u011fine i\u015faret ediyor. Bu tablo, Alman varl\u0131klar\u0131 ve euro i\u00e7in destekleyici. Piyasalar\u0131n k\u0131sa vadeli y\u00f6n\u00fcnde belirleyici olabilecek temel (makroekonomik) bir unsur olarak g\u00f6r\u00fcl\u00fcyor.<\/p>\n
Veri, euronun ABD dolar\u0131 kar\u015f\u0131s\u0131nda 1,12 seviyesini test etti\u011fi mevcut e\u011filimi destekliyor. Bu, EUR\/USD paritesinde (euro\/dolar kurunda) y\u00fckseli\u015f bekleyerek al\u0131m y\u00f6nl\u00fc opsiyon (belirli bir fiyat ve zamanda alma hakk\u0131 veren t\u00fcrev s\u00f6zle\u015fme) stratejilerini g\u00fcndeme getirebilir. G\u00fc\u00e7l\u00fc d\u0131\u015f ticaret g\u00f6r\u00fcn\u00fcm\u00fc nedeniyle paritede y\u00fckseli\u015f alan\u0131 oldu\u011fu de\u011ferlendiriliyor.<\/p>\n
\u0130hracat\u00e7\u0131 \u015firketlerin a\u011f\u0131rl\u0131\u011f\u0131n\u0131n y\u00fcksek oldu\u011fu DAX endeksi (Almanya\u2019n\u0131n \u00f6nde gelen \u015firketlerini izleyen borsa endeksi), bu y\u0131l %8\u2019in \u00fczerinde y\u00fckseldi. Yeni veri, endekste yeni bir y\u00fckseli\u015f dalgas\u0131n\u0131 destekleyebilir; endeks ya da \u00f6ne \u00e7\u0131kan sanayi hisseleri \u00fczerinde al\u0131m y\u00f6nl\u00fc opsiyonlar \u00f6ne \u00e7\u0131kabilir. Rapor, Almanya\u2019n\u0131n b\u00fcy\u00fck \u015firketlerinin k\u00e2rl\u0131l\u0131k kapasitesini teyit ediyor.<\/p>\n
Ayr\u0131ca bu dayan\u0131kl\u0131l\u0131k, Avrupa Merkez Bankas\u0131\u2019n\u0131n (ECB) faiz indirimi d\u00fc\u015f\u00fcnmesi i\u00e7in daha az gerek\u00e7e yarat\u0131yor. Son ECB mesajlar\u0131 zaten \u201c\u015fahin\u201d (enflasyonla m\u00fccadele i\u00e7in s\u0131k\u0131 duru\u015fu savunan) bir bekle-g\u00f6r yakla\u015f\u0131m\u0131na i\u015faret ediyor; bu da k\u0131sa vadeli faizleri y\u00fcksek tutabilir. Bu ortamda faiz vadeli i\u015flemleri (ilerideki bir tarihte faiz oran\u0131na dayal\u0131 al\u0131m-sat\u0131m s\u00f6zle\u015fmeleri), gelecek enflasyon verilerine daha duyarl\u0131 hale gelebilir.<\/p>\n","protected":false},"excerpt":{"rendered":"
Almanya\u2019n\u0131n cari fazlas\u0131 Mart\u2019ta 23,6 milyar euroya \u00e7\u0131kt\u0131; ihracat ivmesi euro ve DAX\u2019a destek sinyali veriyor. EUR\/USD 1,12 testini g\u00fc\u00e7lendirirken, ECB\u2019ye faiz indirimi bask\u0131s\u0131n\u0131 azalt\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-46606","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\/46606","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=46606"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46606\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}