\u00c7in Ulusal \u0130statistik B\u00fcrosu\u2019nun (NBS) imalat d\u0131\u015f\u0131 Sat\u0131n Alma Y\u00f6neticileri Endeksi (PMI), may\u0131sta 50,1 ile piyasa beklentisi olan 49,5\u2019in \u00fczerinde ger\u00e7ekle\u015fti. G\u00f6sterge, geni\u015fleme ile daralmay\u0131 ay\u0131ran 50 puan e\u015fi\u011finin hemen \u00fczerinde kalmay\u0131 s\u00fcrd\u00fcrd\u00fc.<\/p>\n
\u0130lk bak\u0131\u015fta veriler, hizmetler ve in\u015faat faaliyetinde nisan ay\u0131ndaki tempoya k\u0131yasla s\u0131n\u0131rl\u0131 bir b\u00fcy\u00fcmeye i\u015faret ederken, beklentilerin de \u00fczerinde bir performans ortaya koyuyor. A\u00e7\u0131klanan veri, politika yap\u0131c\u0131lar ve piyasalar\u0131n toparlanman\u0131n imalat\u0131n \u00f6tesine yay\u0131l\u0131p yay\u0131lmad\u0131\u011f\u0131n\u0131 izledi\u011fi bir d\u00f6nemde, yurti\u00e7i talep ko\u015fullar\u0131na ili\u015fkin k\u0131sa vadeli de\u011ferlendirmeleri etkileyebilir.<\/p>\n
\u00c7in\u2019in hizmet sekt\u00f6r\u00fcnde beklentilerin \u00fczerinde gelen geni\u015flemeyi, \u00fclkenin i\u00e7 ekonomisindeki dayan\u0131kl\u0131l\u0131\u011f\u0131n bir g\u00f6stergesi olarak g\u00f6r\u00fcyoruz. \u0130malat d\u0131\u015f\u0131 PMI\u2019daki bu s\u00fcrpriz art\u0131\u015f, i\u00e7 talebin piyasan\u0131n \u00f6ng\u00f6rd\u00fc\u011f\u00fcnden daha g\u00fc\u00e7l\u00fc oldu\u011funa i\u015faret ediyor. Bu durum, haziran ba\u015f\u0131nda \u00c7in b\u00fcy\u00fcmesine ba\u011fl\u0131 varl\u0131klar i\u00e7in y\u00fckseli\u015f y\u00f6nl\u00fc bir kataliz\u00f6r sa\u011flayabilir.<\/p>\n
Bu \u00e7er\u00e7evede FXI veya MCHI gibi \u00c7in odakl\u0131 ETF\u2019lerde al\u0131m (call) opsiyonlar\u0131n\u0131 de\u011ferlendiriyoruz. CSI 300 endeksinin yak\u0131n d\u00f6nemde 3.500 seviyesi civar\u0131nda destek bulmas\u0131n\u0131n ard\u0131ndan, bu olumlu veri s\u00fcrprizi bir tepki y\u00fckseli\u015fini tetikleyebilir. \u0130yile\u015fen risk i\u015ftah\u0131, y\u0131lba\u015f\u0131ndan bu yana k\u00fcresel piyasalara g\u00f6re yakla\u015f\u0131k %8 d\u00fc\u015f\u00fck performans g\u00f6steren \u00c7in hisselerine yeniden sermaye ak\u0131\u015f\u0131n\u0131 te\u015fvik edebilir.<\/p>\n
Bu veri, sanayi emtialar\u0131 ve emtia para birimlerine ili\u015fkin g\u00f6r\u00fc\u015f\u00fcm\u00fcz\u00fc do\u011frudan etkiliyor. \u00c7in\u2019in Avustralya ihracat\u0131n\u0131n \u00fc\u00e7te birinden fazlas\u0131 i\u00e7in ana pazar olmaya devam etmesi nedeniyle Avustralya dolar\u0131 (AUD\/USD) al\u0131m (call) opsiyonlar\u0131n\u0131 sat\u0131n almay\u0131 d\u00fc\u015f\u00fcn\u00fcyoruz. Tarihsel olarak, \u00c7in verilerinde bu \u00f6l\u00e7ekte pozitif s\u00fcrprizler Avustralya dolar\u0131nda k\u0131sa vadeli bir ralliyi beraberinde getirdi.<\/p>\n
Buna ek olarak, ekonomik aktivitenin \u00f6nemli bir g\u00f6stergesi olan bak\u0131r fiyatlar\u0131na da destek sa\u011flayaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcyoruz. PMI verisinin in\u015faat bile\u015feni bu a\u00e7\u0131dan \u00f6zellikle \u00f6nemli ve bak\u0131r vadeli i\u015flemlerinde uzun pozisyonlara ekleme yapabiliriz. \u00c7in\u2019de PMI\u2019\u0131n 50 seviyesinin \u00fczerinde kal\u0131c\u0131 seyri, izleyen ayda sanayi metalleri fiyatlar\u0131nda g\u00fc\u00e7lenmenin \u00f6nc\u00fcs\u00fc olma e\u011filimi g\u00f6sterdi.<\/p>\n
Son olarak, faaliyet g\u00f6r\u00fcn\u00fcm\u00fcndeki toparlanma enerji talebinin daha g\u00fc\u00e7l\u00fc olaca\u011f\u0131na i\u015faret ediyor. Bunu, WTI ham petrol vadeli i\u015flemlerinde kullan\u0131m d\u0131\u015f\u0131 (out-of-the-money) sat\u0131m (put) opsiyonlar\u0131 satmak i\u00e7in bir gerek\u00e7e olarak g\u00f6r\u00fcyoruz. Bu strateji, prim toplamam\u0131za olanak tan\u0131rken; son d\u00f6nemde varil ba\u015f\u0131na 80 dolar\u0131n alt\u0131n\u0131 g\u00f6ren petrol fiyatlar\u0131nda, daha g\u00fc\u00e7l\u00fc \u00c7in t\u00fcketiminin bir taban olu\u015fturaca\u011f\u0131 beklentisine dayan\u0131yor.<\/p>\n","protected":false},"excerpt":{"rendered":"
S\u00fcrpriz! \u00c7in imalat d\u0131\u015f\u0131 PMI may\u0131sta 50,1\u2019le beklentiyi a\u015ft\u0131; hizmetlerde dayan\u0131kl\u0131l\u0131k ve i\u00e7 talep sinyali verdi. \u00c7in ETF\u2019leri, AUD, bak\u0131r long; WTI\u2019de put sat\u0131\u015f\u0131 \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":47788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-47789","post","type-post","status-publish","format-standard","has-post-thumbnail","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\/47789","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=47789"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/47789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/47788"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=47789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=47789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=47789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}