BusinessNZ, Yeni Zelanda\u2019n\u0131n Hizmetler Sat\u0131n Alma Y\u00f6neticileri Endeksi\u2019nin (PSI) May\u0131s ay\u0131nda 47,5\u2019e geriledi\u011fini, \u00f6nceki 48,9 seviyesinden d\u00fc\u015ft\u00fc\u011f\u00fcn\u00fc bildirdi. Veri, geni\u015fleme ile daralmay\u0131 ay\u0131ran 50 e\u015fi\u011finin alt\u0131nda kalmay\u0131 s\u00fcrd\u00fcrerek hizmet faaliyetlerinde devam eden zay\u0131fl\u0131\u011fa i\u015faret ediyor.<\/p>\n
Hizmetler endeksinin 47,5\u2019e d\u00fc\u015fmesi, Yeni Zelanda ekonomisinin \u00f6nemli bir b\u00f6l\u00fcm\u00fcn\u00fcn daha h\u0131zl\u0131 bir tempoda darald\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu, endeksin daralma ile b\u00fcy\u00fcmeyi ay\u0131ran 50 puan seviyesinin alt\u0131nda kald\u0131\u011f\u0131 \u00fcst \u00fcste d\u00f6rd\u00fcnc\u00fc ay oldu. Bunu, Yeni Zelanda Merkez Bankas\u0131\u2019n\u0131n (RBNZ) piyasalar\u0131n bekledi\u011finden daha erken faiz indirimi se\u00e7ene\u011fini de\u011ferlendirmek zorunda kalaca\u011f\u0131na dair net bir sinyal olarak g\u00f6r\u00fcyoruz.<\/p>\n
Bu zay\u0131f hizmetler verisi, ge\u00e7en ayki imalat PMI verisinin de 48,8 ile daralma b\u00f6lgesinde kalmas\u0131n\u0131n ard\u0131ndan geldi. Her iki ana sekt\u00f6r de zorlan\u0131rken, Statistics NZ\u2019in son verilerinin i\u015fsizli\u011fin %4,4\u2019e y\u00fckseldi\u011fini g\u00f6stermesi, y\u00fcksek faizlerin korunmas\u0131na y\u00f6nelik gerek\u00e7eyi zay\u0131flat\u0131yor. Bu verilerin RBNZ \u00fczerinde, enflasyonla m\u00fccadeleden b\u00fcy\u00fcmeyi desteklemeye do\u011fru oda\u011f\u0131 kayd\u0131rmas\u0131 y\u00f6n\u00fcnde bask\u0131 yaratmas\u0131n\u0131 bekliyoruz.<\/p>\n
\u00d6n\u00fcm\u00fczdeki haftalarda daha zay\u0131f bir Yeni Zelanda dolar\u0131 senaryosuna g\u00f6re pozisyon alaca\u011f\u0131z. Faiz indirimi beklentilerinin genellikle bir para birimini de\u011fersizle\u015ftirmesi nedeniyle NZD\/USD paritesinde sat\u0131m (put) opsiyonu al\u0131m\u0131n\u0131 de\u011ferlendiriyoruz. Swap piyasas\u0131, RBNZ\u2019nin Eyl\u00fcl toplant\u0131s\u0131nda faiz indirimi olas\u0131l\u0131\u011f\u0131n\u0131 iki hafta \u00f6nceki %20\u2019den %55\u2019e y\u00fckselterek fiyatlamaya ba\u015flad\u0131.<\/p>\n
Piyasan\u0131n bu yava\u015flamay\u0131 sindirmesiyle birlikte daha d\u00fc\u015f\u00fck tahvil getirileri de bekliyoruz. Bu da d\u00fc\u015fen faizlerden fayda sa\u011flayan faiz swap\u0131 pozisyonlar\u0131na bakaca\u011f\u0131m\u0131z ya da Yeni Zelanda devlet tahvilleri vadeli i\u015flemlerini de\u011ferlendirece\u011fimiz anlam\u0131na geliyor. Tarihsel olarak, hizmetler endeksinin 48\u2019in alt\u0131nda oldu\u011fu okumalar, takip eden \u00e7eyrekte 2 y\u0131ll\u0131k devlet tahvili getirisinde s\u0131kl\u0131kla 50 baz puanl\u0131k d\u00fc\u015f\u00fc\u015f\u00fcn \u00f6nc\u00fcs\u00fc olmu\u015ftur.<\/p>\n","protected":false},"excerpt":{"rendered":"
Alarm zilleri \u00e7al\u0131yor: Yeni Zelanda PSI May\u0131s\u2019ta 47,5\u2019e gerileyerek daralmay\u0131 derinle\u015ftirdi. PMI zay\u0131f, i\u015fsizlik %4,4. Piyasa Eyl\u00fcl faiz indirimi ihtimalini %55\u2019e ta\u015f\u0131d\u0131; NZD bask\u0131da, tahvil getirileri d\u00fc\u015febilir.<\/p>\n","protected":false},"author":87,"featured_media":49793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-48746","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\/48746","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=48746"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/48746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/49793"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=48746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=48746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=48746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}