{"id":29825,"date":"2026-03-07T04:58:31","date_gmt":"2026-03-07T04:58:31","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/resmi-veriler-kolombiyada-subatta-aylik-tuketici-enflasyonunun-108e-yukselerek-piyasa-beklentisi-olan-127nin-altinda-kaldigini-gosterdi\/"},"modified":"2026-03-07T04:58:31","modified_gmt":"2026-03-07T04:58:31","slug":"resmi-veriler-kolombiyada-subatta-aylik-tuketici-enflasyonunun-108e-yukselerek-piyasa-beklentisi-olan-127nin-altinda-kaldigini-gosterdi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/resmi-veriler-kolombiyada-subatta-aylik-tuketici-enflasyonunun-108e-yukselerek-piyasa-beklentisi-olan-127nin-altinda-kaldigini-gosterdi\/","title":{"rendered":"Resmi veriler, Kolombiya\u2019da \u015fubatta ayl\u0131k t\u00fcketici enflasyonunun %1,08\u2019e y\u00fckselerek piyasa beklentisi olan %1,27\u2019nin alt\u0131nda kald\u0131\u011f\u0131n\u0131 g\u00f6sterdi"},"content":{"rendered":"Kolombiya\u2019n\u0131n t\u00fcketici fiyat endeksi (T\u00dcFE), \u015eubat ay\u0131nda ayl\u0131k bazda %1,08 artt\u0131. Bu art\u0131\u015f, %1,27 olan beklentinin alt\u0131nda kald\u0131.\n\nGer\u00e7ekle\u015fen veri, beklentiden 0,19 y\u00fczde puan daha d\u00fc\u015f\u00fck. Veride, \u015eubat ay\u0131ndaki t\u00fcketici fiyatlar\u0131ndaki de\u011fi\u015fim bir \u00f6nceki aya g\u00f6re \u00f6l\u00e7\u00fcl\u00fcr.\n\n

Para Politikas\u0131 \u0130\u00e7in Sonu\u00e7lar<\/h3>\n\u015eubat ay\u0131 enflasyonunun beklentiden d\u00fc\u015f\u00fck gelmesi, merkez bankas\u0131n\u0131n bir sonraki toplant\u0131da politika faizini (ekonomideki temel faiz oran\u0131) indirece\u011fi g\u00f6r\u00fc\u015f\u00fcm\u00fcz\u00fc g\u00fc\u00e7lendiriyor. Bu, enflasyonun be\u015f ayd\u0131r \u00fcst \u00fcste beklentilerin alt\u0131nda kald\u0131\u011f\u0131n\u0131 g\u00f6steriyor; art\u0131k politika yap\u0131c\u0131lar\u0131n g\u00f6z ard\u0131 edemeyece\u011fi net bir e\u011filim.\n\nPiyasa 25 baz puanl\u0131k (0,25 y\u00fczde puan) bir indirim fiyatl\u0131yordu; ancak bu veri 50 baz puanl\u0131k (0,50 y\u00fczde puan) indirimi de olas\u0131 hale getiriyor.\n\nFaiz i\u015flemi yapanlar i\u00e7in, IBR swaplar\u0131nda (IBR\u2019ye ba\u011fl\u0131 faiz takas\u0131; taraflar\u0131n sabit faiz ile de\u011fi\u015fken faizi takas etti\u011fi s\u00f6zle\u015fme) \u201csabit faiz alma\u201d taraf\u0131nda (piyasada faizlerin d\u00fc\u015fece\u011fi beklentisiyle) 1-2 y\u0131l vadede f\u0131rsat g\u00f6r\u00fcyoruz. Veri sonras\u0131 2 y\u0131ll\u0131k swap faizi 18 baz puan d\u00fc\u015ferek %8,32\u2019ye indi; 2025 sonlar\u0131nda g\u00f6r\u00fclen %8,00 seviyesine do\u011fru gerilemesini bekliyoruz. Bu hareket, merkez bankas\u0131n\u0131n beklenenden daha h\u0131zl\u0131 gev\u015femeye (faiz indirimleriyle ekonomiyi desteklemeye) gidece\u011fi beklentisini yans\u0131t\u0131yor.\n\nKur taraf\u0131nda bu geli\u015fme Kolombiya pesosu i\u00e7in olumsuz. \u0130\u00e7 faizlerin d\u00fc\u015fmesi, para birimini elde tutman\u0131n getirisini azalt\u0131r; bu da USD\/COP paritesinde (ABD dolar\u0131\/Kolombiya pesosu kuru) yukar\u0131 y\u00f6n riskini art\u0131r\u0131r. 4.100 kullan\u0131m fiyatl\u0131 USD\/COP al\u0131m opsiyonu (call; kur y\u00fckselirse kazand\u0131ran opsiyon) de\u011ferlendirilebilir; parite Ocak 2026\u2019dan beri s\u0131k\u0131\u015ft\u0131\u011f\u0131 banttan \u00e7\u0131kmaya haz\u0131rlan\u0131yor.\n\nBu ortam Kolombiya hisseleri i\u00e7in destekleyici; \u00e7\u00fcnk\u00fc daha d\u00fc\u015f\u00fck bor\u00e7lanma maliyetleri \u015firket k\u00e2rl\u0131l\u0131\u011f\u0131n\u0131 art\u0131rabilir.\n\n

Hisse Senetleri G\u00f6r\u00fcn\u00fcm\u00fc ve Pozisyonlama<\/h3>\nMSCI Colcap endeksinin 1.275 puan civar\u0131ndaki dura\u011fan seyrinin bu haberle yukar\u0131 ivme bulmas\u0131n\u0131 bekliyoruz. Endekste al\u0131m opsiyonlar\u0131 (yukar\u0131 y\u00f6n beklentisi i\u00e7in) veya vadeli i\u015flem s\u00f6zle\u015fmeleri (futures; belirli vadede al\u0131m-sat\u0131m taahh\u00fcd\u00fc i\u00e7eren kontrat) 2025\u2019in 4. \u00e7eyre\u011finde g\u00f6r\u00fclen 1.350 zirvesinin yeniden test edilmesine y\u00f6nelik pozisyon almak i\u00e7in kullan\u0131labilir.\n

\n\n

Hemen i\u015flem yapmaya ba\u015flay\u0131n – Ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n <\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"

Kolombiya\u2019da T\u00dcFE \u015eubat\u2019ta %1,08 ile beklenti alt\u0131 kald\u0131; 5. s\u00fcrpriz. Bu, 25-50 bp faiz indirimi olas\u0131l\u0131\u011f\u0131n\u0131 art\u0131r\u0131yor: swap faizi d\u00fc\u015f\u00fcyor, peso bask\u0131lan\u0131yor, hisseler g\u00fc\u00e7lenebilir.<\/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-29825","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\/29825","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=29825"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/29825\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=29825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=29825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=29825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}