Avustralya\u2019n\u0131n TD-MI Enflasyon G\u00f6stergesi May\u0131s\u2019ta y\u0131ll\u0131k bazda %4,4\u2019e y\u00fckseldi; \u00f6nceki okumada %4,3 seviyesindeydi. Bu hareket, g\u00f6stergenin y\u0131ll\u0131k art\u0131\u015f h\u0131z\u0131nda s\u0131n\u0131rl\u0131 bir ivmelenmeye i\u015faret ediyor.<\/p>\n
G\u00f6stergedeki art\u0131\u015f, enflasyon ko\u015fullar\u0131n\u0131n y\u00fcksek seyretti\u011fi bir d\u00f6nemin ard\u0131ndan geldi. Son veri noktas\u0131, May\u0131s i\u00e7in y\u0131ll\u0131k oran\u0131n \u00f6nceki rapora g\u00f6re 0,1 puan daha y\u00fcksek ger\u00e7ekle\u015fti\u011fini ortaya koydu.<\/p>\n
May\u0131s TD-MI enflasyon g\u00f6stergesinin %4,4\u2019e y\u00fckselmesiyle, fiyat bask\u0131lar\u0131n\u0131n beklenmedik \u00f6l\u00e7\u00fcde kal\u0131c\u0131 kald\u0131\u011f\u0131n\u0131 g\u00f6r\u00fcyoruz. Bu durum, enflasyonun Avustralya Merkez Bankas\u0131\u2019n\u0131n (RBA) hedef band\u0131na sorunsuz bir \u015fekilde geri d\u00f6nd\u00fc\u011f\u00fc g\u00f6r\u00fc\u015f\u00fcn\u00fc zorluyor. Bu veri, enflasyonu dizginleme s\u00fcrecinin son a\u015famas\u0131n\u0131n en zor b\u00f6l\u00fcm olaca\u011f\u0131na i\u015faret ediyor.<\/p>\n
Bu okuman\u0131n, piyasan\u0131n bu y\u0131l RBA\u2019dan gelecek olas\u0131 faiz indirimlerine ili\u015fkin beklentilerini \u00f6telemesine yol a\u00e7aca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcyoruz. Merkez bankas\u0131, politika faizini (resmi nakit faiz oran\u0131n\u0131) birka\u00e7 toplant\u0131d\u0131r %4,35\u2019te sabit tutuyor ve bu inat\u00e7\u0131 enflasyon \u201cdaha uzun s\u00fcre y\u00fcksek\u201d duru\u015funu neredeyse kesinle\u015ftiriyor. Sonu\u00e7 olarak tahvil getirilerinde y\u00fckseli\u015f bekliyoruz ve pozisyonumuzu Avustralya 3 y\u0131ll\u0131k Hazine Tahvili vadeli kontratlar\u0131n\u0131 satarak alaca\u011f\u0131z.<\/p>\n
Faiz beklentilerindeki bu de\u011fi\u015fim Avustralya dolar\u0131na destek sa\u011flamal\u0131. Tarihsel olarak, di\u011fer merkez bankalar\u0131na k\u0131yasla daha \u015fahin bir RBA, AUD\u2019yi g\u00fc\u00e7lendirme e\u011filimindedir. Bu g\u00f6r\u00fc\u015f\u00fc, faiz indirimi beklentileri \u00e7\u00f6z\u00fcld\u00fck\u00e7e yukar\u0131 y\u00f6nl\u00fc bir hareket hedefleyerek AUD\/USD al\u0131m (call) opsiyonlar\u0131 sat\u0131n alarak ifade etmeyi planl\u0131yoruz.<\/p>\n
Hisse senedi piyasalar\u0131 a\u00e7\u0131s\u0131ndan bu geli\u015fme net bir bask\u0131 unsuru; zira uzun s\u00fcre y\u00fcksek kalan faizler ekonomik aktiviteyi ve \u015firket k\u00e2rl\u0131l\u0131klar\u0131n\u0131 zay\u0131flatabilir. ASX 200 Volatilite Endeksi\u2019nin son d\u00f6nemde 11,8 ile d\u00fc\u015f\u00fck seviyelere yak\u0131n i\u015flem g\u00f6rmesi, piyasan\u0131n bu riskler konusunda rehavete kap\u0131ld\u0131\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnd\u00fcr\u00fcyor. Olas\u0131 bir geri \u00e7ekilmeye kar\u015f\u0131 korunmak amac\u0131yla ASX 200 endeksi \u00fczerine sat\u0131m (put) opsiyonlar\u0131 al\u0131m\u0131nda bir f\u0131rsat g\u00f6r\u00fcyoruz.<\/p>\n","protected":false},"excerpt":{"rendered":"
S\u00fcrpriz enflasyon sinyali: Avustralya TD-MI May\u0131s\u2019ta y\u0131ll\u0131k %4,4\u2019e y\u00fckseldi. Kal\u0131c\u0131l\u0131k RBA faiz indirimi beklentilerini \u00f6teliyor; tahvil getirileri artabilir, AUD g\u00fc\u00e7lenebilir. Hisselerde bask\u0131, put\u2019lar g\u00fcndemde.<\/p>\n","protected":false},"author":87,"featured_media":47747,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-47812","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\/47812","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=47812"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/47812\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/47747"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=47812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=47812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=47812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}