{"id":30006,"date":"2026-03-10T17:04:49","date_gmt":"2026-03-10T17:04:49","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/deutsche-bank-ingilterede-faiz-egrisinin-kisa-vadeli-ucundaki-sahin-yeniden-fiyatlamanin-sterlini-destekledigini-onceki-guvercin-ingiltere-merkez-bankasi-beklentilerini-tersine-cevirdigini\/"},"modified":"2026-03-10T17:04:49","modified_gmt":"2026-03-10T17:04:49","slug":"deutsche-bank-ingilterede-faiz-egrisinin-kisa-vadeli-ucundaki-sahin-yeniden-fiyatlamanin-sterlini-destekledigini-onceki-guvercin-ingiltere-merkez-bankasi-beklentilerini-tersine-cevirdigini","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/deutsche-bank-ingilterede-faiz-egrisinin-kisa-vadeli-ucundaki-sahin-yeniden-fiyatlamanin-sterlini-destekledigini-onceki-guvercin-ingiltere-merkez-bankasi-beklentilerini-tersine-cevirdigini\/","title":{"rendered":"Deutsche Bank, \u0130ngiltere\u2019de faiz e\u011frisinin k\u0131sa vadeli ucundaki \u015fahin yeniden fiyatlaman\u0131n sterlini destekledi\u011fini, \u00f6nceki g\u00fcvercin \u0130ngiltere Merkez Bankas\u0131 beklentilerini tersine \u00e7evirdi\u011fini s\u00f6yl\u00fcyor"},"content":{"rendered":"Deutsche Bank, \u0130ngiltere\u2019de k\u0131sa vadeli faizlerin (\u00f6n u\u00e7 faizler: piyasan\u0131n \u00f6zellikle \u00f6n\u00fcm\u00fczdeki 1-2 y\u0131lda bekledi\u011fi politika faizi yolu) G10 merkez bankalar\u0131 aras\u0131nda en belirgin \u015fahin yeniden fiyatlamay\u0131 (faiz indirimi beklentilerinin azalmas\u0131 ve beklenen faizin y\u00fckselmesi) ya\u015fad\u0131\u011f\u0131n\u0131 s\u00f6yledi. Banka, bu hareketin daha \u00f6nce \u0130ngiltere Merkez Bankas\u0131 (BoE) i\u00e7in olu\u015fan g\u00fcvercin fiyatlamay\u0131 (daha fazla faiz indirimi beklentisi) azaltt\u0131\u011f\u0131n\u0131 belirtti. Bu hamleyi, sterline son d\u00f6nemde gelen destek ve k\u0131sa pozisyon kapatmalarla (yat\u0131r\u0131mc\u0131lar\u0131n sterlin aleyhine a\u00e7t\u0131klar\u0131 pozisyonlar\u0131 kapatmak i\u00e7in sterlin almas\u0131) ili\u015fkilendirdi.\n\nBanka, ge\u00e7en ay\u0131n sonunda BoE\u2019nin benzer \u00fclkelere g\u00f6re daha g\u00fcvercin fiyatland\u0131\u011f\u0131n\u0131 ve piyasada ikiden fazla \u201ctam\u201d faiz indiriminin (genelde her biri 25 baz puan) fiyatland\u0131\u011f\u0131n\u0131 aktard\u0131. Ayr\u0131ca bunu, \u201canl\u0131k reel faiz\u201d ile k\u0131yaslad\u0131. Anl\u0131k reel faiz, politika faizinden \u00e7ekirdek T\u00dcFE\u2019nin (enerji ve g\u0131da gibi oynak kalemler hari\u00e7 enflasyon) son 6 ayl\u0131k y\u0131ll\u0131kland\u0131r\u0131lm\u0131\u015f de\u011fi\u015fimi \u00e7\u0131kar\u0131larak hesaplan\u0131yor.\n\n<h3>Market Pricing Shifts<\/h3>\nDeutsche Bank, yaz\u0131m s\u0131ras\u0131nda piyasan\u0131n t\u00fcm y\u0131l i\u00e7in 10 baz puan\u0131n biraz \u00fczerinde faiz indirimi fiyatlad\u0131\u011f\u0131n\u0131 s\u00f6yledi. Banka, de\u011fi\u015fimi enflasyon beklentilerinin inat\u00e7\u0131 kalabilece\u011fi endi\u015fesine ba\u011flad\u0131. Bu durum, BoE\u2019nin bir enerji \u015fokunu ge\u00e7ici g\u00f6r\u00fcp (enerji kaynakl\u0131 fiyat art\u0131\u015f\u0131n\u0131 \u201cg\u00f6rmezden gelip\u201d) faiz indirimlerine devam etme alan\u0131n\u0131 daraltabilir.\n\nBanka, d\u00f6vizlerde g\u00f6reli hareketlerin ana itici g\u00fcc\u00fcn\u00fcn ticaret hadleri (ithalat fiyatlar\u0131 ile ihracat fiyatlar\u0131n\u0131n oran\u0131; \u00fclkenin d\u0131\u015f ticaret gelir-gider dengesini etkiler) oldu\u011funu ekledi. \u0130ngiltere\u2019deki yeniden fiyatlaman\u0131n benzer \u00fclkelere k\u0131yasla b\u00fcy\u00fck olmas\u0131 ve k\u0131sa pozisyonlar\u0131n \u00e7\u00f6z\u00fclmesi, sterlini k\u0131sa vadede destekledi.\n\nBanka, enerji fiyatlar\u0131nda ek d\u00fc\u015f\u00fc\u015flerin ve k\u0131sa vadeli faizlerde geri d\u00f6n\u00fc\u015f\u00fcn bu deste\u011fi ortadan kald\u0131rabilece\u011fi uyar\u0131s\u0131nda bulundu.\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>Deutsche Bank\u2019e g\u00f6re \u0130ngiltere \u00f6n u\u00e7 faizleri G10\u2019da en \u015fahin yeniden fiyatlamay\u0131 ya\u015f\u0131yor: BoE i\u00e7in indirimi beklentisi eridi, y\u0131l geneli 10 bp\u2019ye indi; sterlin short kapamalarla destek buldu.<\/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-30006","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\/30006","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=30006"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30006\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}