{"id":53729,"date":"2026-09-07T17:26:48","date_gmt":"2026-09-07T17:26:48","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/silinin-ticaret-fazlasi-agustosta-daraldi-peso-ve-bakir-baglantili-piyasalarda-baski-artti\/"},"modified":"2026-09-07T17:26:48","modified_gmt":"2026-09-07T17:26:48","slug":"silinin-ticaret-fazlasi-agustosta-daraldi-peso-ve-bakir-baglantili-piyasalarda-baski-artti","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/silinin-ticaret-fazlasi-agustosta-daraldi-peso-ve-bakir-baglantili-piyasalarda-baski-artti\/","title":{"rendered":"\u015eili\u2019nin ticaret fazlas\u0131 A\u011fustos\u2019ta darald\u0131; peso ve bak\u0131r ba\u011flant\u0131l\u0131 piyasalarda bask\u0131 artt\u0131"},"content":{"rendered":"

\u015eili\u2019nin ticaret dengesi A\u011fustos\u2019ta 1.688 milyon dolara gerileyerek \u00f6nceki d\u00f6nemdeki 1.990 milyon dolardan daha d\u00fc\u015f\u00fck ger\u00e7ekle\u015fti. Bu hareket, a\u00e7\u0131klanan verilere g\u00f6re ay i\u00e7inde daha k\u00fc\u00e7\u00fck bir net fazla olu\u015ftu\u011funa i\u015faret ediyor.<\/p>\n

Son veriler, bir \u00f6nceki okumaya k\u0131yasla 302 milyon dolarl\u0131k azalmaya i\u015faret ediyor. B\u00fclten kapsam\u0131nda ek bir k\u0131r\u0131l\u0131m payla\u015f\u0131lmasa da, man\u015fetteki de\u011fi\u015fim A\u011fustos\u2019ta ihracat ile ithalat aras\u0131ndaki fark\u0131n darald\u0131\u011f\u0131n\u0131 g\u00f6steriyor.<\/p>\n

Ticaret Fazlas\u0131ndaki Daralman\u0131n Peso ve \u0130hracat Piyasalar\u0131na Etkisi<\/h3>\n

\u015eili\u2019nin ticaret fazlas\u0131n\u0131n A\u011fustos\u2019ta 1,688 milyar dolara gerilemesinin ard\u0131ndan \u015eili Pesosu\u2019nu (CLP) ve bak\u0131r t\u00fcrevlerini yak\u0131ndan izliyoruz. \u00d6nceki ay\u0131n 1,990 milyar dolarl\u0131k seviyesinden gelen bu d\u00fc\u015f\u00fc\u015f, tarihsel olarak k\u00fcresel metal piyasas\u0131ndaki dalgalanmalarla \u015fekillenen ihracat talebinde so\u011fumaya i\u015faret ediyor. Bak\u0131r\u0131n \u015eili\u2019nin toplam ihracat sepetinin %50\u2019sinden fazlas\u0131n\u0131 olu\u015fturmas\u0131 nedeniyle, daralan fazlan\u0131n \u00f6n\u00fcm\u00fczdeki haftalarda yerel para birimi \u00fczerinde bask\u0131 olu\u015fturmas\u0131n\u0131 bekliyoruz.<\/p>\n

Tarihsel olarak \u015eili\u2019nin ticaret fazlas\u0131n\u0131n k\u00fc\u00e7\u00fclmesi, daha \u00f6nce ihracat darbo\u011fazlar\u0131nda g\u00f6rd\u00fc\u011f\u00fcm\u00fcz oynakl\u0131\u011fa benzer \u015fekilde pesoda sert de\u011fer kay\u0131plar\u0131n\u0131 tetikledi. \u00d6rne\u011fin, ticaret dengesinde ayl\u0131k bazda %15\u2019lik bir gerileme, takip eden 30 g\u00fcnde peso\u2019nun ABD dolar\u0131 kar\u015f\u0131s\u0131nda de\u011ferinin %2 ila %4 d\u00fc\u015fmesiyle tarihsel olarak ili\u015fkilendirildi. Metal sat\u0131\u015flar\u0131ndan gelen dolar giri\u015fleri azald\u0131k\u00e7a, USD\/CLP kurunda yukar\u0131 y\u00f6nl\u00fc bask\u0131 genellikle art\u0131yor.<\/p>\n

Kur ve Emtia Oynakl\u0131\u011f\u0131nda \u0130zlenebilecek Stratejiler<\/h3>\n

Bu ortamda, t\u00fcrev i\u015flem yapan yat\u0131r\u0131mc\u0131lara paraya yak\u0131n (near-the-money) USD\/CLP al\u0131m opsiyonlar\u0131 (call) almalar\u0131n\u0131 \u00f6neriyoruz. Bu strateji, USD\/CLP\u2019nin y\u00fckselmesi senaryosunda yukar\u0131 y\u00f6nl\u00fc potansiyeli yakalamay\u0131, riski ise \u00f6denen primle s\u0131n\u0131rl\u0131 tutmay\u0131 sa\u011flar. CLP opsiyonlar\u0131nda z\u0131mni volatilite \u015fu anda s\u0131n\u0131rl\u0131 dalgalanmalar\u0131 fiyatl\u0131yor; bu da prim maliyetlerini al\u0131c\u0131lar a\u00e7\u0131s\u0131ndan g\u00f6rece cazip k\u0131l\u0131yor.<\/p>\n

Buna ek olarak, daha geni\u015f \u00e7apl\u0131 emtia zay\u0131fl\u0131\u011f\u0131na kar\u015f\u0131 korunmak i\u00e7in London Metal Exchange\u2019te (LME) bak\u0131r t\u00fcrev s\u00f6zle\u015fmeleri de de\u011ferlendirilebilir. Ekim vadeli bak\u0131r vadeli i\u015flemlerinde sat\u0131m opsiyonu (put) sat\u0131n almak, zay\u0131f ihracat hacimlerinin k\u00fcresel imalat talebinde yava\u015flamaya i\u015faret etmesi halinde do\u011frudan kazan\u00e7 imk\u00e2n\u0131 sunar. B\u00fcy\u00fck ithalat\u00e7\u0131lar\u0131n metal talebini art\u0131rmaya y\u00f6nelik beklenmedik te\u015fvik ad\u0131mlar\u0131 a\u00e7\u0131klamas\u0131 riskine kar\u015f\u0131 pozisyon b\u00fcy\u00fckl\u00fcklerini s\u0131n\u0131rl\u0131 tutmak risk y\u00f6netimine yard\u0131mc\u0131 olacakt\u0131r.<\/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":"

Pesoda yeni dalga m\u0131? \u015eili\u2019nin ticaret fazlas\u0131 A\u011fustos\u2019ta 1,688 milyar dolara indi; ihracat-ithalat fark\u0131 darald\u0131. Bak\u0131r a\u011f\u0131rl\u0131\u011f\u0131 nedeniyle CLP bask\u0131 g\u00f6rebilir; USD\/CLP call, bak\u0131r put \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":49961,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-53729","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