Japonya\u2019n\u0131n \u00e7ekirdek makine sipari\u015fleri Nisan ay\u0131nda ayl\u0131k bazda %8,7 artt\u0131 ve piyasa beklentisi olan %0,9\u2019un belirgin \u015fekilde \u00fczerine \u00e7\u0131kt\u0131. Sonu\u00e7, s\u00f6z konusu d\u00f6nemde \u015firketlerin sermaye harcamas\u0131 talebinde beklenenden daha g\u00fc\u00e7l\u00fc bir toparlanmaya i\u015faret ediyor.<\/p>\n
Veri, ger\u00e7ekle\u015fmenin konsens\u00fcs\u00fcn 7,8 puan \u00fczerinde oldu\u011funu g\u00f6steriyor. Nisan ay\u0131 verisi, yaln\u0131zca s\u0131n\u0131rl\u0131 bir ayl\u0131k art\u0131\u015f varsay\u0131mlar\u0131n\u0131n ard\u0131ndan geldi ve yak\u0131n vadede yurt i\u00e7i yat\u0131r\u0131m ivmesine ili\u015fkin de\u011ferlendirmeleri etkileyebilir.<\/p>\n
Nisan ay\u0131 makine sipari\u015fleri raporu, bizim %0,9\u2019luk beklentimize kar\u015f\u0131 %8,7\u2019lik s\u0131\u00e7rama ile g\u00fc\u00e7l\u00fc bir yukar\u0131 y\u00f6nl\u00fc s\u00fcrpriz yapt\u0131. Bu sadece k\u00fc\u00e7\u00fck bir sapma de\u011fil; Japon \u015firketlerinin sermaye yat\u0131r\u0131mlar\u0131n\u0131 art\u0131rd\u0131\u011f\u0131na dair net bir sinyal. Bu da gelecekteki ekonomik b\u00fcy\u00fcmeye y\u00f6nelik g\u00fcvenin y\u00fcksek oldu\u011funa i\u015faret ediyor.<\/p>\n
Bu g\u00f6r\u00fcn\u00fcm alt\u0131nda Japon hisse senetlerinde yukar\u0131 y\u00f6nl\u00fc potansiyelin s\u00fcrd\u00fc\u011f\u00fcn\u00fc d\u00fc\u015f\u00fcn\u00fcyoruz. Nikkei 225 vadeli i\u015flemlerinde uzun pozisyonlar\u0131n art\u0131r\u0131lmas\u0131 veya al\u0131m opsiyonu (call) al\u0131m\u0131 de\u011ferlendirilebilir. Endeks May\u0131s ba\u015f\u0131ndan bu yana %4\u2019\u00fcn \u00fczerinde y\u00fckseldi ve bu g\u00fc\u00e7l\u00fc yat\u0131r\u0131m verisi rallinin devam\u0131 i\u00e7in temel destek sa\u011fl\u0131yor.<\/p>\n
Bu verinin Japon Yeni \u00fczerinde yukar\u0131 y\u00f6nl\u00fc bask\u0131 olu\u015fturdu\u011funu g\u00f6r\u00fcyoruz. G\u00fc\u00e7lenen ekonomi, Japonya Merkez Bankas\u0131\u2019n\u0131n (BoJ) beklenenden daha erken s\u0131k\u0131la\u015fmaya gidebilece\u011fi olas\u0131l\u0131\u011f\u0131n\u0131 art\u0131r\u0131yor. May\u0131s ay\u0131 Tokyo \u00e7ekirdek T\u00dcFE\u2019nin %2,4\u2019e ula\u015fmas\u0131yla, merkez bankas\u0131 \u00fczerindeki bask\u0131 artarken daha g\u00fc\u00e7l\u00fc yen senaryosu g\u00fc\u00e7 kazan\u0131yor.<\/p>\n
Bu nedenle, \u00f6n\u00fcm\u00fczdeki haftalar i\u00e7in USD\/JPY ve EUR\/JPY gibi paritelerde d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc pozisyonlar almak mant\u0131kl\u0131 bir strateji. USD\/JPY\u2019de zarar kes seviyesi d\u0131\u015f\u0131nda (out-of-the-money) al\u0131m opsiyonlar\u0131n\u0131 satmak, bu de\u011fi\u015fime y\u00f6nelik pozisyonlanmada etkili olabilir. Parite 158 \u00fczerindeki kilit direnci a\u015fmakta zorlan\u0131yordu; bu veri a\u015fa\u011f\u0131 y\u00f6nl\u00fc hareketi tetikleyebilecek bir kataliz\u00f6r olabilir.<\/p>\n
Bu g\u00fc\u00e7l\u00fc sermaye harcamas\u0131 e\u011filimi, Japon devlet tahvili (JGB) faizlerinin y\u00fckselmesine de i\u015faret edebilir; JGB vadeli i\u015flemlerinde k\u0131sa pozisyonlar cazip bir korunma (hedge) arac\u0131 haline gelebilir. Bu tablo, 2013-2014 gibi ge\u00e7mi\u015f d\u00f6ng\u00fcleri and\u0131r\u0131yor; s\u00f6z konusu d\u00f6nemlerde kurumsal yat\u0131r\u0131mlardaki art\u0131\u015f finansal ko\u015fullarda s\u0131k\u0131la\u015fman\u0131n \u00f6nc\u00fcs\u00fc olmu\u015ftu. BoJ\u2019un yakla\u015fan toplant\u0131 tutanaklar\u0131, ton de\u011fi\u015fimi a\u00e7\u0131s\u0131ndan yak\u0131ndan izlenmeli.<\/p>\n","protected":false},"excerpt":{"rendered":"
S\u00fcrpriz veri! Japonya \u00e7ekirdek makine sipari\u015fleri Nisan\u2019da ayl\u0131k %8,7 artarak beklenti %0,9\u2019u ezdi; sermaye harcamalar\u0131 toparlan\u0131yor. Nikkei i\u00e7in pozitif, yen g\u00fc\u00e7lenebilir; JGB faizlerinde y\u00fckseli\u015f riski.<\/p>\n","protected":false},"author":87,"featured_media":47668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-48970","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\/48970","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=48970"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/48970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/47668"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=48970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=48970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=48970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}