Japonya\u2019n\u0131n sanayi \u00fcretimi haziranda y\u0131ll\u0131k bazda %4,25 artt\u0131 ve \u00f6nceki %-2,1\u2019lik veriyi tersine \u00e7evirdi. Bu de\u011fi\u015fim, \u00f6nceki daralman\u0131n ard\u0131ndan y\u0131ll\u0131k b\u00fcy\u00fcmeye d\u00f6n\u00fc\u015fe i\u015faret ediyor.<\/p>\n\n
Man\u015fet veriye e\u015flik eden ek bir k\u0131r\u0131l\u0131m payla\u015f\u0131lmad\u0131; ancak veriler, iki referans d\u00f6nem aras\u0131nda imalat \u00e7\u0131kt\u0131s\u0131 ivmesinde belirgin bir de\u011fi\u015fime i\u015faret ediyor.<\/p>\n\n
Japonya\u2019n\u0131n sanayi \u00fcretiminin haziranda %4,25\u2019e s\u0131\u00e7ramas\u0131 ve %2,1\u2019lik daralma beklentilerini bo\u015fa \u00e7\u0131karmas\u0131, g\u00fc\u00e7l\u00fc bir imalat toparlanmas\u0131na i\u015faret ediyor. Bu sert toparlanman\u0131n, Japonya Merkez Bankas\u0131\u2019na (BoJ) \u00f6n\u00fcm\u00fczdeki haftalarda faiz art\u0131r\u0131mlar\u0131na devam etmek i\u00e7in \u201cye\u015fil \u0131\u015f\u0131k\u201d yakt\u0131\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcyoruz. T\u00fcrev yat\u0131r\u0131mc\u0131lar\u0131n\u0131n, vadeden d\u00fc\u015fecek (out-of-the-money) USD\/JPY put opsiyonlar\u0131 sat\u0131n alarak ani Japon Yeni g\u00fc\u00e7lenmesine haz\u0131rl\u0131kl\u0131 olmas\u0131 gerekir.<\/p>\n\n
Tarihsel olarak Japonya\u2019da \u015fahinle\u015fen politika beklentilerinde ani s\u0131\u00e7ramalar, 5 A\u011fustos 2024\u2019te Nikkei 225\u2019te g\u00f6r\u00fclen %12,4\u2019l\u00fck tek g\u00fcnl\u00fck \u00e7\u00f6k\u00fc\u015f\u00fc an\u0131msatan \u015fekilde, hisse senetlerinde a\u015f\u0131r\u0131 oynakl\u0131\u011f\u0131 tetikler. Daha g\u00fc\u00e7l\u00fc bir Yen, b\u00fcy\u00fck Japon ihracat\u00e7\u0131lar\u0131 \u00fczerinde bask\u0131 yaratt\u0131\u011f\u0131 i\u00e7in Nikkei endeksinin sert a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131yla kar\u015f\u0131la\u015fmas\u0131n\u0131 bekliyoruz. Yak\u0131n vadeli Nikkei 225 put opsiyonlar\u0131 al\u0131nmas\u0131n\u0131 veya her iki y\u00f6ndeki b\u00fcy\u00fck hareketleri yakalamak i\u00e7in uzun straddle stratejilerinin kullan\u0131lmas\u0131n\u0131 \u00f6neriyoruz.<\/p>\n\n
Yurt i\u00e7i sanayi \u00fcretimi h\u0131zla artarken, piyasalar\u0131n daha s\u0131k\u0131 kredi ko\u015fullar\u0131n\u0131 fiyatlamas\u0131yla Japon Devlet Tahvili (JGB) getirilerinin y\u00fckselmesi bekleniyor. Ge\u00e7en y\u0131l boyunca istikrarl\u0131 bi\u00e7imde y\u00fckselerek %1,1 \u00fczerindeki seviyeleri test eden 10 y\u0131ll\u0131k JGB getirisi, muhtemelen yeniden yukar\u0131 y\u00f6nl\u00fc bask\u0131yla kar\u015f\u0131 kar\u015f\u0131ya kalacak. Bu trendden faydalanmak i\u00e7in JGB vadeli i\u015flemlerinde k\u0131sa pozisyon al\u0131nmas\u0131n\u0131 veya Japon bor\u00e7lanma ara\u00e7lar\u0131 \u00fczerinde put opsiyonlar\u0131 sat\u0131n al\u0131nmas\u0131n\u0131 \u00f6neriyoruz.<\/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":" Japonya sanayi \u00fcretimi haziranda y\u0131ll\u0131k %4,25\u2019e s\u0131\u00e7rayarak daralmay\u0131 tersine \u00e7evirdi. \u0130malat toparlanmas\u0131 BoJ\u2019ye faiz art\u0131\u015f\u0131nda alan a\u00e7\u0131yor; Yen g\u00fc\u00e7lenmesi, Nikkei\u2019de volatilite ve JGB getirilerinde y\u00fckseli\u015f bekleniyor.<\/p>\n","protected":false},"author":87,"featured_media":50069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-52094","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