Fed\u2019in faizleri sabit tutmas\u0131n\u0131n ard\u0131ndan Kuzey Amerika i\u015flemlerinde alt\u0131n y\u00fckseldi, ancak karar 9-3 b\u00f6l\u00fcn\u00fcrken \u00fc\u00e7 FOMC \u00fcyesi fed fonlama oran\u0131nda 25 baz puanl\u0131k art\u0131\u015f\u0131 tercih etti. XAU\/USD, piyasalar\u0131n muhalefeti de\u011ferlendirmesi ve Fed Ba\u015fkan\u0131 Kevin Warsh\u2019\u00fcn bas\u0131n toplant\u0131s\u0131na odaklanmas\u0131yla 4.041 dolar ile 4.100 dolar aras\u0131nda gidip gelerek dalgal\u0131 seyretti.<\/p>\n
Fed, a\u00e7\u0131klamas\u0131nda Orta Do\u011fu\u2019daki \u00e7at\u0131\u015fmaya ba\u011fl\u0131 y\u00fcksek belirsizli\u011fe ra\u011fmen ekonomik faaliyetin sa\u011flam bir h\u0131zla geni\u015fledi\u011fini belirterek, verimlilik art\u0131\u015f\u0131 ve sermaye yat\u0131r\u0131mlar\u0131n\u0131n g\u00fc\u00e7l\u00fc kald\u0131\u011f\u0131n\u0131 ekledi. \u0130stihdam art\u0131\u015flar\u0131n\u0131n i\u015fg\u00fcc\u00fcndeki b\u00fcy\u00fcmeyle ayn\u0131 h\u0131zda seyretti\u011fini ve i\u015fsizlik oran\u0131n\u0131n s\u0131n\u0131rl\u0131 de\u011fi\u015fti\u011fini kaydeden Fed, fiyat istikrar\u0131 hedefini yineledi. Cleveland Fed\u2019den Beth Hammack, Minneapolis Fed\u2019den Neel Kashkari ve Dallas Fed\u2019den Lorie Logan \u00e7eyrek puanl\u0131k art\u0131\u015f lehine muhalefet \u015ferhi d\u00fc\u015ft\u00fc. Ayr\u0131 olarak, D\u00fcnya Alt\u0131n Konseyi verileri, merkez bankalar\u0131n\u0131n 2022\u2019de yakla\u015f\u0131k 70 milyar dolar de\u011ferinde 1.136 ton alt\u0131n ekledi\u011fini ve bunun kay\u0131tlar\u0131n tutulmaya ba\u015fland\u0131\u011f\u0131ndan bu yana en y\u00fcksek y\u0131ll\u0131k al\u0131m oldu\u011funu g\u00f6sterdi.<\/p>\n
Federal Reserve faizleri sabit tutarken 9-3 gibi keskin bir ayr\u0131\u015fmay\u0131 ortaya koyunca, XAU\/USD\u2019nin 4.041-4.100 dolar band\u0131nda sert hareketlerle sal\u0131nmas\u0131 alt\u0131n piyasas\u0131nda anl\u0131k volatilite yarat\u0131yor. \u00dc\u00e7 \u015fahin \u00fcyenin faiz art\u0131r\u0131m\u0131 y\u00f6n\u00fcndeki muhalefeti, para politikas\u0131 patikas\u0131n\u0131n ciddi bi\u00e7imde tart\u0131\u015fmal\u0131 oldu\u011funa i\u015faret ediyor. T\u00fcrev yat\u0131r\u0131mc\u0131lar\u0131 a\u00e7\u0131s\u0131ndan bu durum, piyasalar\u0131n bir faiz art\u0131\u015f\u0131 ihtimalini sindirmesiyle \u00f6n\u00fcm\u00fczdeki haftalarda daha y\u00fcksek fiyat dalgalanmalar\u0131na haz\u0131rl\u0131kl\u0131 olmay\u0131 gerektiriyor.<\/p>\n
Tarihsel olarak, FOMC i\u00e7inde \u015fahin e\u011filim g\u00fc\u00e7lendi\u011finde ABD Dolar\u0131 destek bulur ve faiz getirisi olmayan varl\u0131klar (alt\u0131n gibi) \u00fczerinde a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131 olu\u015fur. Opsiyon yat\u0131r\u0131mc\u0131lar\u0131n\u0131n bu ani volatilite art\u0131\u015f\u0131n\u0131 de\u011ferlendirmek i\u00e7in k\u0131sa vadeli koruyucu put al\u0131mlar\u0131na veya straddle stratejilerine bakmas\u0131n\u0131 \u00f6neriyoruz. Yakla\u015fan ekonomik veriler \u015fahin muhalifleri desteklerse, alt\u0131n\u0131n 4.000 dolar civar\u0131ndaki daha d\u00fc\u015f\u00fck destek seviyelerini test etti\u011fini g\u00f6rebiliriz.<\/p>\n
Daha y\u00fcksek faiz tehdidine ra\u011fmen, alt\u0131n i\u00e7in uzun vadeli destek g\u00fc\u00e7l\u00fc kalmay\u0131 s\u00fcrd\u00fcr\u00fcyor; bunun arkas\u0131nda, son y\u0131llarda 1.000 tonun \u00fczerindeki rekor al\u0131mlar\u0131n da g\u00f6sterdi\u011fi \u00fczere tarihsel olarak y\u00fcksek seyreden \u0131srarl\u0131 merkez bankas\u0131 talebi bulunuyor. Ayr\u0131ca Orta Do\u011fu\u2019daki s\u00fcregelen jeopolitik gerilimler, metal i\u00e7in g\u00fc\u00e7l\u00fc bir \u201cg\u00fcvenli liman\u201d r\u00fczg\u00e2r\u0131 yaratmaya devam ediyor. Bu iki y\u00f6nl\u00fc bask\u0131n\u0131n\u2014\u015fahin Fed \u00fcyeleri ile g\u00fc\u00e7l\u00fc k\u00fcresel talebin\u2014alt\u0131n\u0131 bant i\u00e7inde tutarken volatiliteyi y\u00fcksek b\u0131rakaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcyoruz.<\/p>\n
Yat\u0131r\u0131mc\u0131lar\u0131n Fed Ba\u015fkan\u0131 Kevin Warsh\u2019\u00fcn yakla\u015fan bas\u0131n toplant\u0131s\u0131n\u0131 ve bir sonraki enflasyon verilerini, Fed\u2019in bir sonraki hamlesine dair ipu\u00e7lar\u0131 i\u00e7in yak\u0131ndan izlemesi gerekiyor. Piyasan\u0131n politika konu\u015fmalar\u0131na verdi\u011fi tepkiye g\u00f6re pozisyonlara h\u0131zl\u0131 girip \u00e7\u0131kabilmek ad\u0131na k\u0131sa vadeli, likit vadeli i\u015flem kontratlar\u0131na odaklan\u0131lmas\u0131n\u0131 \u00f6neriyoruz. Esnek kalmak kritik; zira bir sonraki toplant\u0131da resmi bir faiz art\u0131\u015f\u0131na do\u011fru herhangi bir kayma, alt\u0131n\u0131 mevcut 4.041 dolar taban\u0131n\u0131n alt\u0131na h\u0131zla itebilir.<\/p>\n\n\n\n
Hemen i\u015flem yapmaya ba\u015flay\u0131n \u2014 ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":" Fed faizi sabit tuttu ama 9-3 b\u00f6l\u00fcnme alt\u0131n\u0131 z\u0131platt\u0131: XAU\/USD 4.041-4.100 band\u0131nda dalgal\u0131. \u00dc\u00e7 \u015fahin 25 bp art\u0131\u015f istedi; g\u00f6zler Warsh\u2019te, bankalar rekor alt\u0131n al\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":50089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-51980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t