Orta ve Do\u011fu Avrupa varl\u0131klar\u0131, Ekim ay\u0131nda zay\u0131f performans g\u00f6sterdi; zira EUR ve USD\u2019ye kar\u015f\u0131 CE3 FX carry getirisi nakit getirilerinin gerisinde kald\u0131. Bu durum, b\u00f6lgesel merkez bankalar\u0131n\u0131n ECB ve Fed\u2019in politika patikalar\u0131n\u0131 yak\u0131ndan takip etmeyece\u011fi beklentisini yans\u0131tt\u0131. EUR ve USD\u2019ye kar\u015f\u0131 CZK, HUF ve PLN\u2019den olu\u015fan e\u015fit a\u011f\u0131rl\u0131kl\u0131 carry sepeti, y\u0131lba\u015f\u0131ndan bu yana %1\u2019in hemen alt\u0131nda getiri sa\u011flarken, nakit e\u015fde\u011ferinin yakla\u015f\u0131k 2,5 y\u00fczde puan gerisinde kald\u0131. EUR, son haftalarda egemen risk kaynakl\u0131 bask\u0131 alt\u0131nda kal\u0131rken, s\u0131k\u0131la\u015fan finansal ko\u015fullar ECB\u2019yi mevcut patikas\u0131ndan uzakla\u015ft\u0131rmad\u0131.<\/p>\n\n
Orta ve Do\u011fu Avrupa varl\u0131klar\u0131, Ekim ay\u0131nda zay\u0131f performans g\u00f6sterdi; zira EUR ve USD\u2019ye kar\u015f\u0131 CE3 FX carry getirisi nakit getirilerinin gerisinde kald\u0131. Bu durum, b\u00f6lgesel merkez bankalar\u0131n\u0131n ECB ve Fed\u2019in politika patikalar\u0131n\u0131 yak\u0131ndan takip etmeyece\u011fi beklentisini yans\u0131tt\u0131. EUR ve USD\u2019ye kar\u015f\u0131 CZK, HUF ve PLN\u2019den olu\u015fan e\u015fit a\u011f\u0131rl\u0131kl\u0131 carry sepeti, y\u0131lba\u015f\u0131ndan bu yana %1\u2019in hemen alt\u0131nda getiri sa\u011flarken, nakit e\u015fde\u011ferinin yakla\u015f\u0131k 2,5 y\u00fczde puan gerisinde kald\u0131. EUR, son haftalarda egemen risk kaynakl\u0131 bask\u0131 alt\u0131nda kal\u0131rken, s\u0131k\u0131la\u015fan finansal ko\u015fullar ECB\u2019yi mevcut patikas\u0131ndan uzakla\u015ft\u0131rmad\u0131.<\/p>\n\n
ODAE sabit getirili piyasas\u0131 daha fazla istikrar sergiledi; reel faizlerin vade riskini (duration) destekleyici oldu\u011fu belirtilirken, ODAE tahvilleri i\u00e7in ihra\u00e7 a\u011f\u0131rl\u0131kl\u0131 toplam getiri sepeti, kredi piyasalar\u0131 ve benzer notlu geli\u015fen piyasa devlet tahvilleri a\u00e7\u0131s\u0131ndan ko\u015fullar\u0131n zorla\u015fmas\u0131na ra\u011fmen toparlanmay\u0131 s\u00fcrd\u00fcrd\u00fc. Getiri e\u011frilerinin dikle\u015fmesiyle birlikte ODAE merkez bankalar\u0131 faizleri sabit tutabilir ve uyum s\u00fcrecinin y\u00fck\u00fc a\u011f\u0131rl\u0131kl\u0131 olarak para birimlerine kalabilir. B\u00fct\u00e7e a\u00e7\u0131klar\u0131na y\u00f6nelik yukar\u0131 y\u00f6nl\u00fc risklerin; kal\u0131c\u0131 \u015fekilde y\u00fcksek bor\u00e7lanma maliyetleri ve k\u00fcresel arz zorluklar\u0131 ortam\u0131nda k\u0131\u015f d\u00f6nemi i\u00e7in ilave enerji deste\u011fi ihtiyac\u0131na ba\u011fland\u0131\u011f\u0131 ifade edilirken, Euro B\u00f6lgesi risk primlerindeki olas\u0131 art\u0131\u015f\u0131n ODAE\u2019de daha da b\u00fcy\u00fcyebilece\u011fi ve USD, CHF ve di\u011fer g\u00fcvenli limanlara kar\u015f\u0131 performans\u0131 bask\u0131layabilece\u011fi not edildi.<\/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":" CE3\u2019de alarm: Ekim\u2019de varl\u0131klar zay\u0131flad\u0131; CZK-HUF-PLN carry, nakdin 2,5 puan gerisinde kald\u0131. Tahviller diren\u00e7li; ancak b\u00fct\u00e7e a\u00e7\u0131klar\u0131 ve Euro B\u00f6lgesi risk primleri kur bask\u0131s\u0131n\u0131 art\u0131rabilir.<\/p>\n","protected":false},"author":87,"featured_media":69990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-69991","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