{"id":29782,"date":"2026-03-06T18:01:52","date_gmt":"2026-03-06T18:01:52","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/ocak-ayinda-otomobil-haric-abd-perakende-satislari-beklentilere-paralel-gelerek-aylik-bazda-0-ile-degisim-gostermedi\/"},"modified":"2026-03-06T18:01:52","modified_gmt":"2026-03-06T18:01:52","slug":"ocak-ayinda-otomobil-haric-abd-perakende-satislari-beklentilere-paralel-gelerek-aylik-bazda-0-ile-degisim-gostermedi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/ocak-ayinda-otomobil-haric-abd-perakende-satislari-beklentilere-paralel-gelerek-aylik-bazda-0-ile-degisim-gostermedi\/","title":{"rendered":"Ocak ay\u0131nda otomobil hari\u00e7 ABD perakende sat\u0131\u015flar\u0131 beklentilere paralel gelerek ayl\u0131k bazda %0 ile de\u011fi\u015fim g\u00f6stermedi."},"content":{"rendered":"ABD\u2019de otomobil hari\u00e7 perakende sat\u0131\u015flar ocakta ayl\u0131k bazda %0 oldu. Bu veri, beklenti olan %0 ile ayn\u0131 ger\u00e7ekle\u015fti.\n\nSonu\u00e7, ara\u00e7 al\u0131mlar\u0131 d\u0131\u015f\u0131nda kalan perakende harcamalarda ay boyunca de\u011fi\u015fim olmad\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Man\u015fet perakende sat\u0131\u015f rakam\u0131na g\u00f6re t\u00fcketici talebini daha dar bir \u00e7er\u00e7evede \u00f6l\u00e7er.\n\nOtomobil hari\u00e7 %0 b\u00fcy\u00fcme g\u00f6steren ocak perakende sat\u0131\u015f verisi, ABD\u2019li t\u00fcketicinin yorulmaya ba\u015flad\u0131\u011f\u0131 g\u00f6r\u00fc\u015f\u00fcn\u00fc destekliyor. Bu durum, 2025\u2019in son \u00e7eyre\u011finde g\u00f6rd\u00fc\u011f\u00fcm\u00fcz yava\u015flamayla uyumlu. Harcamalarda h\u0131zlanma olmamas\u0131, ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) k\u0131sa vadede mevcut para politikas\u0131 duru\u015funu de\u011fi\u015ftirmesi i\u00e7in g\u00fc\u00e7l\u00fc bir gerek\u00e7e yaratm\u0131yor.\n\nBu t\u00fcketici verisinin ard\u0131ndan piyasan\u0131n oda\u011f\u0131 yakla\u015fan enflasyon verilerine kayacak. Son okumaya g\u00f6re T\u00fcketici Fiyat Endeksi (T\u00dcFE\/CPI: t\u00fcketicinin sat\u0131n ald\u0131\u011f\u0131 mal ve hizmetlerdeki fiyat de\u011fi\u015fimini \u00f6l\u00e7en ana enflasyon g\u00f6stergesi) y\u0131ll\u0131kland\u0131r\u0131lm\u0131\u015f %2,8 seviyesinde ve Fed\u2019in hedefinin \u00fczerinde kalmaya devam ediyor. Dura\u011fan t\u00fcketici harcamas\u0131 ile kal\u0131c\u0131 enflasyonun birlikte g\u00f6r\u00fclmesi, merkez bankas\u0131n\u0131 zor bir dengeye itiyor ve Fed\u2019in bekle-g\u00f6r pozisyonunda kalma olas\u0131l\u0131\u011f\u0131n\u0131 art\u0131r\u0131yor.\n\nOpsiyon piyasas\u0131nda ima edilen oynakl\u0131k (opsiyon fiyatlar\u0131na yans\u0131yan, piyasan\u0131n gelecekteki dalgalanma beklentisi) k\u0131sa vadede gerileyebilir; \u00e7\u00fcnk\u00fc beklentiye paralel gelen bu rapor belirsizli\u011fin bir k\u0131sm\u0131n\u0131 ortadan kald\u0131rd\u0131. CBOE Oynakl\u0131k Endeksi (VIX: S&#038;P 500 opsiyonlar\u0131ndan t\u00fcretilen, piyasa korkusunu\/oynakl\u0131k beklentisini g\u00f6steren endeks) \u015fu s\u0131ralar 15 civar\u0131nda; bu da ge\u00e7en y\u0131l g\u00f6r\u00fclen s\u0131\u00e7ramalara g\u00f6re belirgin d\u00fc\u015f\u00fc\u015f anlam\u0131na geliyor ve yeni pozisyon a\u00e7man\u0131n maliyetini azalt\u0131yor. Bu durum, t\u00fcketici sa\u011fl\u0131\u011f\u0131na duyarl\u0131 sekt\u00f6rlerde korunma (hedge: olas\u0131 zararlar\u0131 s\u0131n\u0131rlamak i\u00e7in yap\u0131lan i\u015flem) almak ya da y\u00f6nl\u00fc pozisyon (fiyat\u0131n artaca\u011f\u0131na veya d\u00fc\u015fece\u011fine y\u00f6nelik yat\u0131r\u0131m) denemek i\u00e7in f\u0131rsat olarak g\u00f6r\u00fclebilir.\n\nBu veri, zorunlu olmayan t\u00fcketim (consumer discretionary: gelir artt\u0131\u011f\u0131nda daha \u00e7ok harcanan, ekonomik yava\u015flamada ilk k\u0131s\u0131lan al\u0131\u015fveri\u015f kalemleri) hisselerinde d\u00fc\u015f\u00fc\u015f y\u00f6nl\u00fc pozisyonlar\u0131 daha cazip hale getiriyor. \u00d6rne\u011fin perakende ETF\u2019i XRT (ETF: bir endeksi\/sepeti izleyen borsa yat\u0131r\u0131m fonu) harcama yava\u015flamas\u0131n\u0131 do\u011frudan yans\u0131tt\u0131\u011f\u0131 i\u00e7in bask\u0131 g\u00f6rebilir. Yak\u0131n ge\u00e7mi\u015fte 2025\u2019in sonlar\u0131nda, ki\u015fisel tasarruf oranlar\u0131ndaki d\u00fc\u015f\u00fc\u015f\u00fcn sekt\u00f6r\u00fc bask\u0131lamaya ba\u015flad\u0131\u011f\u0131 benzer bir tablo g\u00f6r\u00fclm\u00fc\u015ft\u00fc.\n<p>\n\n<p><strong>Hemen i\u015flem yapmaya ba\u015flay\u0131n &#8211; Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in <a href=\"https:\/\/www.vtmarkets.com\/tr\/trade-now\/\">buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>ABD\u2019de otomobil hari\u00e7 perakende sat\u0131\u015flar ocakta %0 ile beklentiye paralel kald\u0131: t\u00fcketici yoruluyor. Fed\u2019i de\u011fi\u015ftirecek sinyal yok; g\u00f6zler enflasyonda. VIX 15; opsiyon maliyeti d\u00fc\u015ferken XRT\u2019de bask\u0131 artabilir.<\/p>\n","protected":false},"author":87,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-29782","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/29782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/users\/87"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/comments?post=29782"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/29782\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=29782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=29782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=29782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}