Kanada GSYH\u2019si may\u0131sta %0,3 artt\u0131 ve \u00f6nc\u00fc tahminler haziranda %0,2\u2019lik ilave bir y\u00fckseli\u015fe i\u015faret etti. Bu tablo, k\u0131\u015f aylar\u0131nda b\u00fcy\u00fcmenin duraksamas\u0131n\u0131n ard\u0131ndan ikinci \u00e7eyrekte daha sa\u011flam bir toparlanmaya i\u015faret ediyor. Art\u0131\u015f\u0131n sekt\u00f6rler genelinde yayg\u0131n tabanl\u0131 oldu\u011fu belirtildi. Ayl\u0131k verilerin birle\u015ftirilmi\u015f seyrine g\u00f6re Royal Bank of Canada ekonomistleri, 2\u00c7 i\u00e7in y\u0131ll\u0131kland\u0131r\u0131lm\u0131\u015f b\u00fcy\u00fcmeyi %3,4 olarak tahmin etti; bu oran, kurumun %2,2\u2019lik \u00f6ng\u00f6r\u00fcs\u00fcyle k\u0131yasland\u0131\u011f\u0131nda daha g\u00fc\u00e7l\u00fc.<\/p>\n\n
G\u00f6r\u00fcn\u00fcm; t\u0131rmanan ticaret gerilimleri ve ABD\u2019nin yeni g\u00fcmr\u00fck tarifesi duyurular\u0131ndan kaynaklanan a\u015fa\u011f\u0131 y\u00f6nl\u00fc riskler \u00e7er\u00e7evesinde de\u011ferlendirildi ve bask\u0131n\u0131n en \u00e7ok hedeflenen sekt\u00f6rlerde hissedilmesi bekleniyor. Buna kar\u015f\u0131n verilerin, i\u015fg\u00fcc\u00fc piyasalar\u0131nda istikrarla\u015fma ile uyumlu oldu\u011fu ifade edildi. Ekonomistler, y\u0131l boyunca ki\u015fi ba\u015f\u0131na ve \u00e7al\u0131\u015fan ba\u015f\u0131na \u00fcretimde iyile\u015fmenin s\u00fcrmesini beklediklerini s\u00f6yledi.<\/p>\n\n
Ekonominin beklenmedik diren\u00e7 g\u00f6stermesiyle, t\u00fcrev yat\u0131r\u0131mc\u0131lar\u0131n\u0131n Kanada dolar\u0131 (CAD) al\u0131m (call) opsiyonlar\u0131n\u0131 yak\u0131ndan izlemesini \u00f6neriyoruz. 2\u00c7 y\u0131ll\u0131kland\u0131r\u0131lm\u0131\u015f b\u00fcy\u00fcme %3,4 ile \u00f6nceki tahminlerin belirgin \u00fczerinde seyrederken, Kanada Merkez Bankas\u0131 (BoC) ilave faiz indirimlerini erteleyebilir. Bu ekonomik dayan\u0131kl\u0131l\u0131k, \u00f6zellikle zay\u0131f k\u00fcresel para birimlerinden olu\u015fan bir sepete kar\u015f\u0131 CAD\u2019in g\u00f6rece ucuz (de\u011ferinin alt\u0131nda) kalmas\u0131na neden oluyor.<\/p>\n\n
T\u0131rmanan ticaret gerilimleri ve ABD\u2019nin g\u00fcndeme getirdi\u011fi tarifelere kar\u015f\u0131 korunma amac\u0131yla, ihracat a\u011f\u0131rl\u0131\u011f\u0131 y\u00fcksek Kanadal\u0131 hisselerde k\u0131sa vadeli sat\u0131m (put) opsiyonu al\u0131m\u0131n\u0131 \u00f6neriyoruz; \u00f6zellikle imalat ve \u00e7elik sekt\u00f6rlerinde. Tarihsel olarak, 2018\u2019deki tarife anla\u015fmazl\u0131klar\u0131 s\u0131ras\u0131nda tarife duyurular\u0131n\u0131 izleyen haftalarda Kanada sanayi hisse endeksleri %8\u2019in \u00fczerinde gerilemi\u015fti. Koruyucu put kullan\u0131m\u0131, i\u00e7 talep kaynakl\u0131 toparlanman\u0131n yukar\u0131 y\u00f6n\u00fcn\u00fc yakalarken ticaret sava\u015f\u0131 kaynakl\u0131 a\u015fa\u011f\u0131 y\u00f6nl\u00fc riskleri s\u0131n\u0131rlamam\u0131za olanak tan\u0131r.<\/p>\n\n
Faiz swap piyasalar\u0131, merkez bankas\u0131n\u0131n \u201c\u015fahin bir ara\u201d verme olas\u0131l\u0131\u011f\u0131n\u0131 \u015fu anda oldu\u011fundan d\u00fc\u015f\u00fck fiyatl\u0131yor. Piyasan\u0131n daha g\u00fc\u00e7l\u00fc b\u00fcy\u00fcme verisine uyum sa\u011flamas\u0131yla getirilerin y\u00fckselmesi muhtemel oldu\u011fundan, Kanada 2 y\u0131ll\u0131k devlet tahvili vadeli kontratlar\u0131nda k\u0131sa (short) pozisyon al\u0131nmas\u0131n\u0131 g\u00fc\u00e7l\u00fc bir f\u0131rsat olarak g\u00f6r\u00fcyoruz. Enflasyon bask\u0131lar\u0131 istikrar kazan\u0131rken b\u00fcy\u00fcme ivmelenirse, tahvil getirilerinin \u00f6n\u00fcm\u00fczdeki haftalarda 15-25 baz puan yukar\u0131 hareket edecek alan\u0131 bulunuyor.<\/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":" Kanada GSYH\u2019si may\u0131sta %0,3, haziranda %0,2 \u00f6nc\u00fc art\u0131\u015fla 2\u00c7\u2019de g\u00fc\u00e7l\u00fc toparlanma sinyali verdi; y\u0131ll\u0131kland\u0131r\u0131lm\u0131\u015f %3,4. BoC indirimleri erteleyebilir: CAD call, ihracat\u00e7\u0131lara koruyucu put, 2Y tahvil short.<\/p>\n","protected":false},"author":87,"featured_media":49977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-52155","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