{"id":54038,"date":"2026-09-15T12:30:49","date_gmt":"2026-09-15T12:30:49","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/sterlin-guclu-kalirken-mufg-boenin-faizleri-sabit-tutacagini-ve-kasimda-olasi-faiz-artisina-isaret-ettigini-ongoruyor\/"},"modified":"2026-09-15T12:30:49","modified_gmt":"2026-09-15T12:30:49","slug":"sterlin-guclu-kalirken-mufg-boenin-faizleri-sabit-tutacagini-ve-kasimda-olasi-faiz-artisina-isaret-ettigini-ongoruyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/sterlin-guclu-kalirken-mufg-boenin-faizleri-sabit-tutacagini-ve-kasimda-olasi-faiz-artisina-isaret-ettigini-ongoruyor\/","title":{"rendered":"Sterlin G\u00fc\u00e7l\u00fc Kal\u0131rken MUFG, BoE\u2019nin Faizleri Sabit Tutaca\u011f\u0131n\u0131 ve Kas\u0131m\u2019da Olas\u0131 Faiz Art\u0131\u015f\u0131na \u0130\u015faret Etti\u011fini \u00d6ng\u00f6r\u00fcyor"},"content":{"rendered":"

Sterlin, k\u00f6t\u00fcle\u015fen bir enerji fiyat \u015fokuna ra\u011fmen diren\u00e7li kalmay\u0131 s\u00fcrd\u00fcr\u00fcrken, Birle\u015fik Krall\u0131k\u2019taki daha g\u00fc\u00e7l\u00fc b\u00fcy\u00fcme daha yak\u0131n vade i\u00e7in daha s\u0131k\u0131 para politikas\u0131 beklentilerini destekledi. G\u00f6r\u00fcn\u00fcm ayr\u0131ca di\u011fer b\u00fcy\u00fck merkez bankalar\u0131n\u0131n da s\u0131k\u0131la\u015fmaya gidece\u011fine y\u00f6nelik artan beklentilerle \u015fekilleniyor; bu durum \u0130ngiltere Merkez Bankas\u0131\u2019n\u0131n (BoE) de ayn\u0131 y\u00f6nde ad\u0131m atabilece\u011fi g\u00f6r\u00fc\u015f\u00fcn\u00fc g\u00fc\u00e7lendiriyor.<\/p>\n

MUFG, BoE\u2019nin bu hafta faizleri de\u011fi\u015ftirmemesini bekliyor; ancak g\u00fcncellenecek y\u00f6nlendirmenin Para Politikas\u0131 Kurulu\u2019nun (MPC) Kas\u0131m toplant\u0131s\u0131 gibi erken bir tarihte faiz art\u0131\u015f\u0131na oy vermeye daha da yakla\u015ft\u0131\u011f\u0131na i\u015faret edece\u011fini \u00f6ng\u00f6r\u00fcyor. B\u00fcy\u00fcmenin y\u0131l\u0131n ikinci yar\u0131s\u0131nda son d\u00f6nem mevsimsel \u00f6r\u00fcnt\u00fclerle uyumlu bi\u00e7imde yava\u015flamas\u0131 bekleniyor; ancak temmuz ay\u0131 aktivitesi, yava\u015flaman\u0131n daha s\u0131n\u0131rl\u0131 olabilece\u011fine i\u015faret ediyor. \u00d6te yandan, i\u015fg\u00fcc\u00fc piyasas\u0131ndaki zay\u0131fl\u0131\u011f\u0131n BoE\u2019nin nihai olarak ne \u00f6l\u00e7\u00fcde s\u0131k\u0131la\u015fabilece\u011fine dair bir k\u0131s\u0131t oldu\u011fu de\u011ferlendiriliyor.<\/p>\n

Sterlin\u2019in Eyl\u00fcl Ortas\u0131 Direnci ve Makro S\u00fcr\u00fcc\u00fcler<\/h3>\n

Eyl\u00fcl 2026 ortas\u0131nda \u0130ngiliz Sterlini\u2019nin, k\u00fcresel enerji fiyatlar\u0131ndaki oynakl\u0131\u011fa ili\u015fkin endi\u015felere ra\u011fmen \u015fa\u015f\u0131rt\u0131c\u0131 bir g\u00fc\u00e7 sergiledi\u011fini g\u00f6r\u00fcyoruz. Bu diren\u00e7, Birle\u015fik Krall\u0131k ekonomisinin ikinci \u00e7eyrekte %0,6 ile bir\u00e7ok k\u00f6t\u00fcmser tahmini a\u015fan sa\u011flam bir b\u00fcy\u00fcme kaydetti\u011fini g\u00f6steren son verilerle destekleniyor. Bu istikrarl\u0131 b\u00fcy\u00fcme nedeniyle, \u0130ngiltere Merkez Bankas\u0131\u2019n\u0131n \u00f6n\u00fcm\u00fczdeki toplant\u0131lar\u0131nda daha s\u0131k\u0131 para politikas\u0131na i\u015faret etmeyi s\u00fcrd\u00fcrece\u011fini bekliyoruz.<\/p>\n

T\u00fcrev Stratejileri ve Piyasa Riskleri<\/h3>\n

T\u00fcrev yat\u0131r\u0131mc\u0131lar\u0131 i\u00e7in, bu beklenmedik yukar\u0131 y\u00f6nl\u00fc ivmeden faydalanmak amac\u0131yla k\u0131sa vadeli GBP al\u0131m (call) opsiyonlar\u0131 al\u0131nmas\u0131n\u0131 \u00f6neriyoruz. Faiz swap piyasalar\u0131ndaki mevcut fiyatlamalar, kas\u0131ma kadar bir faiz art\u0131\u015f\u0131 ihtimalinin yaln\u0131zca k\u0131smi olarak sat\u0131n al\u0131nd\u0131\u011f\u0131n\u0131 g\u00f6steriyor; bize g\u00f6re bu olas\u0131l\u0131k d\u00fc\u015f\u00fck fiyatlan\u0131yor. Euro B\u00f6lgesi b\u00fcy\u00fcmesi geride kalmaya devam ederken, Euro kar\u015f\u0131s\u0131nda uzun Sterlin vadeli i\u015flem pozisyonlar\u0131 \u015fu a\u015famada \u00f6zellikle cazip g\u00f6r\u00fcn\u00fcyor.<\/p>\n

Bununla birlikte, Birle\u015fik Krall\u0131k i\u015fg\u00fcc\u00fc piyasas\u0131n\u0131 yak\u0131ndan izlemek gerekiyor; zira i\u015fsizlik oran\u0131 son d\u00f6nemde %4,3\u2019e y\u00fckseldi. \u0130stihdam piyasas\u0131nda yumu\u015fama, politika yap\u0131c\u0131lar\u0131n faiz art\u0131\u015flar\u0131nda ne kadar ileri gidebilece\u011fini kolayl\u0131kla s\u0131n\u0131rlayabilir. Merkez bankas\u0131 tonunda ani de\u011fi\u015fimlere kar\u015f\u0131 korunma amac\u0131yla s\u0131k\u0131 zarar-durdur (stop-loss) seviyeleri veya zararda (out-of-the-money) sat\u0131m (put) opsiyonlar\u0131 kullan\u0131lmas\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":"

Sterlin, enerji \u015fokuna ra\u011fmen g\u00fc\u00e7l\u00fc: %0,6 b\u00fcy\u00fcme BoE\u2019de Kas\u0131m\u2019da faiz art\u0131\u015f\u0131 beklentisini besliyor. Swap\u2019lar d\u00fc\u015f\u00fck fiyatl\u0131yor; GBP call ve EUR\/GBP uzun \u00f6neriliyor. \u0130\u015fsizlik %4,3 riski art\u0131r\u0131yor.<\/p>\n","protected":false},"author":87,"featured_media":50045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-54038","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