MUFG\u2019den Lee Hardman, \u0130ngiltere\u2019de artan siyasi belirsizlik nedeniyle \u0130ngiliz Sterlini\u2019nin zay\u0131f kalabilece\u011fini s\u00f6yledi. Hardman, son d\u00f6nemde gilts (\u0130ngiltere devlet tahvilleri) ve sterlindeki d\u00fc\u015f\u00fc\u015fleri, Andy Burnham\u2019\u0131n Parlamento\u2019ya girme hamlesi ve Ba\u015fbakan Keir Starmer\u2019a kar\u015f\u0131 liderlik yar\u0131\u015f\u0131n\u0131n (parti i\u00e7i genel ba\u015fkanl\u0131k de\u011fi\u015fimi) g\u00fcndeme gelmesiyle ili\u015fkilendirdi.<\/p>\n
Raporda ayr\u0131ca, yeni bir liderlikle daha \u201csol\u201d politikalar\u0131na (devletin ekonomide daha fazla rol almas\u0131, harcamalar\u0131n artmas\u0131) kayma endi\u015felerine dikkat \u00e7ekildi. Burnham\u2019\u0131n, uzun vadeli sermaye harcamalar\u0131 (altyap\u0131 gibi kal\u0131c\u0131 yat\u0131r\u0131mlar) i\u00e7in 40 milyar sterlin ek kamu bor\u00e7lanmas\u0131 \u00e7a\u011fr\u0131s\u0131 yapt\u0131\u011f\u0131 belirtildi.<\/p>\n
Haberde, bu siyasi geli\u015fmelerin gilt piyasas\u0131nda (\u0130ngiltere devlet tahvili piyasas\u0131) ek bask\u0131 olu\u015fturdu\u011fu ifade edildi. Enerji fiyat \u015fokuna (enerji fiyatlar\u0131nda ani sert art\u0131\u015f) ba\u011fl\u0131 daha y\u00fcksek enflasyon riski (fiyat art\u0131\u015flar\u0131n\u0131n h\u0131zlanmas\u0131) vurguland\u0131.<\/p>\n
Hardman, MUFG\u2019nin k\u0131sa vadede \u201cshort GBP\/CHF\u201d i\u015flem fikrini (sterlinin \u0130svi\u00e7re Frang\u0131 kar\u015f\u0131s\u0131nda d\u00fc\u015fece\u011fi beklentisiyle pozisyon almak) korudu\u011funu s\u00f6yledi. Makalenin bir yapay zek\u00e2 arac\u0131yla \u00fcretildi\u011fi ve bir edit\u00f6r taraf\u0131ndan d\u00fczenlendi\u011fi aktar\u0131ld\u0131.<\/p>\n
Bu ortamda yat\u0131r\u0131mc\u0131lar, sterlinde ek zay\u0131fl\u0131\u011fa ya da en az\u0131ndan y\u00fcksek dalgalanmaya (sert fiyat oynakl\u0131\u011f\u0131) kar\u015f\u0131 pozisyon almak i\u00e7in t\u00fcrev \u00fcr\u00fcnleri (dayana\u011f\u0131 kur olan vadeli s\u00f6zle\u015fme ve opsiyon gibi ara\u00e7lar) de\u011ferlendirebilir. GBP\/USD\u2019nin (sterlin\/dolar paritesi) 1,25 seviyelerinden 1,21 civar\u0131na gerilemesi, a\u015fa\u011f\u0131 y\u00f6nl\u00fc riskin s\u00fcrd\u00fc\u011f\u00fcne i\u015faret ediyor. Sterlinin dolar kar\u015f\u0131s\u0131nda d\u00fc\u015f\u00fc\u015f\u00fcne oynayan \u201cput opsiyonu\u201d (belirli fiyattan satma hakk\u0131 veren opsiyon) almak, riski ba\u015ftan s\u0131n\u0131rlayarak (zarar\u0131 \u00f6nden tan\u0131mlayarak) bu beklentiyi yans\u0131tman\u0131n net bir yoludur.<\/p>\n
Daha \u00f6nceki \u201cshort GBP\/CHF\u201d fikri de \u00f6ne \u00e7\u0131k\u0131yor. \u0130svi\u00e7re Frang\u0131, g\u00fcvenli liman (riskli d\u00f6nemlerde tercih edilen para birimi) \u00f6zelli\u011fi nedeniyle \u0130ngiltere kaynakl\u0131 siyasi stres d\u00f6nemlerinde destek bulabiliyor. Paritede 1,12\u2019den 1,08\u2019e d\u00fc\u015f\u00fc\u015f bu yakla\u015f\u0131m\u0131 teyit ediyor. Bu paritede opsiyonla d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc pozisyon kurmak, \u0130ngiltere\u2019ye \u00f6zg\u00fc risklere kar\u015f\u0131 korunma (hedge: portf\u00f6y riskini azaltma) amac\u0131yla kullan\u0131labilir.<\/p>\n
VT Markets canl\u0131 hesab\u0131n\u0131z\u0131 olu\u015fturun<\/a>\u00a0ve\u00a0i\u015flem yapmaya<\/a>\u00a0\u015fimdi ba\u015flay\u0131n. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" Sterlin yat\u0131r\u0131mc\u0131s\u0131 dikkat: MUFG\u2019den Hardman, \u0130ngiltere\u2019de siyasi belirsizlik, olas\u0131 daha sol politika kaymas\u0131 ve enflasyon riskiyle sterlinin zay\u0131f kalabilece\u011fini; short GBP\/CHF ve opsiyonlarla korunmay\u0131 \u00f6ne \u00e7\u0131kar\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-46912","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\/46912","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=46912"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46912\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}