\u0130ngiltere\u2019de S&P Global Bile\u015fik PMI (Sat\u0131n Alma Y\u00f6neticileri Endeksi) may\u0131sta 48,5 oldu. Bu seviye, 51,7 olan beklentinin alt\u0131nda kald\u0131.<\/p>\n
50\u2019nin alt\u0131ndaki bir de\u011fer, \u00f6zel sekt\u00f6rde genel faaliyetin darald\u0131\u011f\u0131n\u0131 (ekonomik aktivitenin k\u00fc\u00e7\u00fcld\u00fc\u011f\u00fcn\u00fc) g\u00f6sterir. Buna g\u00f6re may\u0131s verisi, \u00f6nceki aya k\u0131yasla d\u00fc\u015f\u00fc\u015fe i\u015faret ediyor.<\/p>\n
\u0130ngiltere\u2019de Bile\u015fik PMI\u2019\u0131n beklentilere kar\u015f\u0131 48,5\u2019e gerilemesi, piyasalar a\u00e7\u0131s\u0131ndan g\u00fc\u00e7l\u00fc bir olumsuz (d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc) sinyaldir. Bu, i\u015f faaliyetinin bir y\u0131l\u0131 a\u015fk\u0131n s\u00fcreden sonra ilk kez k\u00fc\u00e7\u00fcld\u00fc\u011f\u00fcn\u00fc g\u00f6steriyor ve piyasay\u0131 haz\u0131rl\u0131ks\u0131z yakalad\u0131. Bu nedenle sterlin ve \u0130ngiltere varl\u0131klar\u0131nda zay\u0131fl\u0131k d\u00f6nemine g\u00f6re pozisyonlar\u0131n yeniden ayarlanmas\u0131 gerekir.<\/p>\n
Bu zay\u0131f veri, \u0130ngiltere Merkez Bankas\u0131\u2019n\u0131n (BoE) faiz politikas\u0131 g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc de de\u011fi\u015ftiriyor. Ge\u00e7en hafta piyasa, inat\u00e7\u0131 hizmet enflasyonu nedeniyle 2026 sonuna do\u011fru yaln\u0131zca tek bir faiz indirimi fiyatl\u0131yordu. (Hizmet enflasyonu: restoran, ula\u015f\u0131m, sa\u011fl\u0131k gibi hizmet fiyatlar\u0131ndaki art\u0131\u015f; nisanda y\u0131ll\u0131k %3,9 a\u00e7\u0131klanm\u0131\u015ft\u0131.) \u015eimdi faaliyet taraf\u0131ndaki bu sert yava\u015flamayla birlikte, piyasalar\u0131n birden fazla faiz indirimini fiyatlamas\u0131 ve ilk indirimin a\u011fustos toplant\u0131s\u0131 kadar erken gelmesi olas\u0131.<\/p>\n
D\u00f6viz yat\u0131r\u0131mc\u0131lar\u0131 i\u00e7in bu tablo, sterline kar\u015f\u0131 sat\u0131\u015f (short: fiyat d\u00fc\u015f\u00fc\u015f\u00fcnden kazan\u00e7 hedefleyen i\u015flem) stratejisini \u00f6ne \u00e7\u0131kar\u0131r. GBP\/USD paritesi (sterlin\/dolar kuru) 1,28 civar\u0131nda dengedeyken \u00f6nemli bir teknik deste\u011fin alt\u0131na sarkt\u0131. (Teknik destek: fiyat\u0131n daha \u00f6nce tutundu\u011fu kritik seviye.) Bu nedenle y\u0131l\u0131n ba\u015f\u0131ndaki dip seviyelerin yeniden test edilmesi olas\u0131. Sterlin \u00fczerinde sat\u0131m opsiyonu (put: belirli bir fiyattan satma hakk\u0131) almak veya GBP\/USD vadeli kontratlar\u0131nda (futures: ileri tarihte al\u0131m-sat\u0131m s\u00f6zle\u015fmesi) sat\u0131\u015f y\u00f6n\u00fcnde pozisyon almak d\u00fc\u015f\u00fc\u015f beklentisine uygun se\u00e7eneklerdir.<\/p>\n
Hisse taraf\u0131nda ise FTSE 100\u2019de ve \u00f6zellikle i\u00e7 piyasaya daha duyarl\u0131 FTSE 250 endeksinde sat\u0131\u015f bask\u0131s\u0131 beklenir. (FTSE 100: b\u00fcy\u00fck \u015firketler; FTSE 250: daha \u00e7ok yurti\u00e7i ekonomiye ba\u011fl\u0131 orta \u00f6l\u00e7ekli \u015firketler.) Yurti\u00e7i ekonomiye hassas perakende ve in\u015faat gibi sekt\u00f6rlerin belirgin \u015fekilde geride kalmas\u0131 muhtemeldir. FTSE 250 i\u00e7in sat\u0131m opsiyonu almak (ticker: MCX) \u00f6n\u00fcm\u00fczdeki haftalarda beklenen d\u00fc\u015f\u00fc\u015fe do\u011frudan pozisyon alma yoludur.<\/p>\n
Bu ani y\u00f6n de\u011fi\u015fimi, 2022\u2019deki \u201cmini b\u00fct\u00e7e\u201d krizini hat\u0131rlat\u0131yor; o d\u00f6nemde \u0130ngiltere\u2019ye ili\u015fkin piyasa alg\u0131s\u0131 \u00e7ok h\u0131zl\u0131 bozulmu\u015ftu. Bu kez neden siyasi de\u011fil ekonomik olsa da, yakla\u015f\u0131m benzer: \u0130ngiltere varl\u0131klar\u0131nda sat\u0131\u015f. Bu, 2025\u2019in b\u00fcy\u00fck b\u00f6l\u00fcm\u00fcnde d\u00fc\u015fen enflasyon ve yumu\u015fak toparlanma beklentisiyle olu\u015fan iyimserlikten belirgin bir sapma anlam\u0131na geliyor.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u015eok veri: \u0130ngiltere Bile\u015fik PMI may\u0131sta 48,5\u2019e inerek 51,7 beklentisini ka\u00e7\u0131rd\u0131; \u00f6zel sekt\u00f6r daralma sinyali verdi. Sterlin ve \u0130ngiltere varl\u0131klar\u0131nda zay\u0131fl\u0131k, BoE\u2019den erken ve \u00e7oklu faiz indirimi fiyatlamas\u0131 \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-47177","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\/47177","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=47177"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/47177\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=47177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=47177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=47177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}