G\u00fcney Koreli ekonomi ve finans politika yap\u0131c\u0131lar\u0131, USD\/KRW\u2019nin 2009\u2019dan bu yana en zay\u0131f seviyesine gerilemesiyle acil bir toplant\u0131 d\u00fczenledi ve spek\u00fclatif ve piyasay\u0131 bozucu d\u00f6viz i\u015flemlerine kar\u015f\u0131 sert ad\u0131mlar atma taahh\u00fcd\u00fcnde bulundu. Yetkililer, d\u00f6viz piyasas\u0131n\u0131 g\u00fcn\u00fcn 24 saati izleyeceklerini ve oynakl\u0131k artarsa h\u0131zl\u0131ca m\u00fcdahale edeceklerini belirterek, won \u00fczerindeki yenilenen bask\u0131 kar\u015f\u0131s\u0131nda daha kararl\u0131 bir duru\u015f ortaya koydu.<\/p>\n
H\u00fck\u00fcmetin para birimini destekleme planlar\u0131n\u0131n ard\u0131ndan KRW %1 de\u011fer kazan\u0131rken, KOSPI hisse endeksi %8 geriledi; bu da Kore varl\u0131klar\u0131nda daha geni\u015f \u00e7apl\u0131 bir \u201criskten ka\u00e7\u0131\u015f\u201d e\u011filimine i\u015faret etti. Ulusal Emeklilik Servisi, y\u0131l\u0131n ba\u015f\u0131nda verdi\u011fi aran\u0131n ard\u0131ndan daha y\u00fcksek bir hedge oran\u0131 \u00e7er\u00e7evesinde forward d\u00f6viz s\u00f6zle\u015fmesi sat\u0131\u015flar\u0131na yeniden ba\u015flad\u0131. D\u00f6viz otoriteleri, fonun Seul d\u00f6viz piyasas\u0131nda yeniden forward sat\u0131\u015f teklifleri verdi\u011fini ve s\u00f6z konusu faaliyetin \u015fimdilik s\u00fcrmesinin beklendi\u011fini s\u00f6yledi.<\/p>\n
Kore piyasas\u0131nda USD\/KRW\u2019nin 1425\u2019e do\u011fru t\u0131rmanmas\u0131yla belirgin bir \u00e7eki\u015fme g\u00f6r\u00fcyoruz; bu seviye, finansal krizden bu yana kal\u0131c\u0131 bi\u00e7imde korunabilmi\u015f de\u011fil. G\u00fcney Koreli yetkililer, s\u00f6zl\u00fc uyar\u0131lar ve do\u011frudan ad\u0131mlarla para birimindeki zay\u0131fl\u0131\u011f\u0131 aktif olarak bask\u0131lamaya \u00e7al\u0131\u015f\u0131yor. Bu m\u00fcdahale, k\u0131sa vadede USD\/KRW\u2019nin ne kadar daha y\u00fckselebilece\u011fine bir tavan olu\u015fturuyor.<\/p>\n
Ulusal Emeklilik Servisi\u2019nin forward piyasada yeniden ABD dolar\u0131 satmaya ba\u015flamas\u0131, won\u2019daki ilave zay\u0131fl\u0131\u011f\u0131 s\u0131n\u0131rlamas\u0131 beklenen \u00f6nemli bir unsur. Bu dolar arz\u0131, para birimini desteklemek i\u00e7in kurgulanm\u0131\u015f durumda ve otoritelerin bu kez daha ciddi oldu\u011funu g\u00f6steriyor. 2022 sonundaki benzer m\u00fcdahaleler baz al\u0131nd\u0131\u011f\u0131nda, 1440 seviyesi civar\u0131nda direncin \u00e7ok g\u00fc\u00e7l\u00fc olmas\u0131n\u0131 beklemeliyiz.<\/p>\n
Buna kar\u015f\u0131n, son bir ayda %5\u2019in \u00fczerinde d\u00fc\u015ferek 2700\u2019\u00fcn alt\u0131na inen KOSPI endeksindeki sert gerileme, k\u00f6kle\u015fmi\u015f olumsuz bir duyarl\u0131l\u0131\u011fa i\u015faret ediyor. Yat\u0131r\u0131mc\u0131lar, kura y\u00f6nelik destek ad\u0131mlar\u0131na ra\u011fmen Kore varl\u0131klar\u0131ndan para \u00e7\u0131kar\u0131yor. Bu altta yatan riskten ka\u00e7\u0131\u015f bask\u0131s\u0131, won\u2019un anlaml\u0131 \u00f6l\u00e7\u00fcde g\u00fc\u00e7lenmesini engelleyecek.<\/p>\n
T\u00fcrev i\u015flem yapanlar a\u00e7\u0131s\u0131ndan bu tablo, \u00f6n\u00fcm\u00fczdeki haftalarda USD\/KRW\u2019de oynakl\u0131k sat\u0131\u015f\u0131 i\u00e7in elveri\u015fli bir zemin yarat\u0131yor. Paritenin, h\u00fck\u00fcmet m\u00fcdahalesi ile olumsuz piyasa duyarl\u0131l\u0131\u011f\u0131 aras\u0131nda s\u0131k\u0131\u015farak bir bant i\u00e7inde kalaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcyoruz. 1440\u2019\u0131n \u00fczerinde call ve 1380\u2019in alt\u0131nda put sat\u0131lan k\u0131sa vadeli strangle\u2019lar, prim toplamak i\u00e7in etkili bir strateji olabilir.<\/p>\n
Ayn\u0131 zamanda, hisse piyasas\u0131ndaki zay\u0131fl\u0131k da kendi f\u0131rsat\u0131n\u0131 sunuyor. Kore Merkez Bankas\u0131\u2019n\u0131n faizi %3,5\u2019te tutarken ABD faizlerinin daha y\u00fcksek kalmas\u0131yla s\u00fcren faiz fark\u0131, hisseler \u00fczerinde bask\u0131 yaratmaya devam ediyor. Bu temel bask\u0131n\u0131n h\u0131zla ortadan kalkmas\u0131 olas\u0131 g\u00f6r\u00fcnmedi\u011finden, KOSPI 200 endeksinde daha fazla d\u00fc\u015f\u00fc\u015fe pozisyon almak i\u00e7in put opsiyonlar\u0131 al\u0131nmas\u0131 de\u011ferlendirilmeli.<\/p>\n
Bu pozisyonlar, \u00f6n\u00fcm\u00fczdeki birka\u00e7 hafta i\u00e7in k\u0131sa vadeli taktik i\u015flemler olarak g\u00f6r\u00fclmeli. B\u00fcy\u00fck bir k\u00fcresel ekonomik \u015fok, Kore Merkez Bankas\u0131\u2019n\u0131n savunmas\u0131n\u0131 a\u015farak kurda bant d\u0131\u015f\u0131na ta\u015fmaya neden olabilir. Bu nedenle \u00e7evik kalmal\u0131, resmi a\u00e7\u0131klamalar\u0131 ve sermaye ak\u0131\u015f verilerini yak\u0131ndan izlemeliyiz.<\/p>\n","protected":false},"excerpt":{"rendered":"
Won 2009 dibinde: Seul\u2019den acil kur savunmas\u0131 ve 7\/24 g\u00f6zetim! KRW g\u00fc\u00e7lense de KOSPI sert d\u00fc\u015f\u00fcyor; riskten ka\u00e7\u0131\u015f, NPS forward sat\u0131\u015flar\u0131 ve 1440 direnci \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":49809,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-49525","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\/49525","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=49525"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/49525\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/49809"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=49525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=49525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=49525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}