{"id":30123,"date":"2026-03-11T22:02:11","date_gmt":"2026-03-11T22:02:11","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/petrol-endiseleri-ortaminda-yatirimcilarin-sterline-yonelmesiyle-eur-gbp-baski-altinda-kalirken-piyasalar-ecb-ve-boe-politikalarini-yeniden-degerlendiriyor\/"},"modified":"2026-03-11T22:02:11","modified_gmt":"2026-03-11T22:02:11","slug":"petrol-endiseleri-ortaminda-yatirimcilarin-sterline-yonelmesiyle-eur-gbp-baski-altinda-kalirken-piyasalar-ecb-ve-boe-politikalarini-yeniden-degerlendiriyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/petrol-endiseleri-ortaminda-yatirimcilarin-sterline-yonelmesiyle-eur-gbp-baski-altinda-kalirken-piyasalar-ecb-ve-boe-politikalarini-yeniden-degerlendiriyor\/","title":{"rendered":"Petrol endi\u015feleri ortam\u0131nda yat\u0131r\u0131mc\u0131lar\u0131n Sterlin\u2019e y\u00f6nelmesiyle EUR\/GBP bask\u0131 alt\u0131nda kal\u0131rken, piyasalar ECB ve BoE politikalar\u0131n\u0131 yeniden de\u011ferlendiriyor"},"content":{"rendered":"EUR\/GBP \u00c7ar\u015famba g\u00fcn\u00fc be\u015finci kez gerileyerek 0,8628 civar\u0131nda i\u015flem g\u00f6rd\u00fc ve 4 \u015eubat\u2019tan bu yana en d\u00fc\u015f\u00fck seviyesine yakla\u015ft\u0131. Hareket, yat\u0131r\u0131mc\u0131lar\u0131n ECB (Avrupa Merkez Bankas\u0131) ve BoE\u2019nin (\u0130ngiltere Merkez Bankas\u0131) faiz politikas\u0131na ili\u015fkin g\u00f6r\u00fcn\u00fcm\u00fc yeniden de\u011ferlendirmesiyle geldi. Bunun arkas\u0131nda, ABD-\u0130ran gerilimiyle ba\u011flant\u0131l\u0131 daha y\u00fcksek petrol fiyatlar\u0131n\u0131n yaratt\u0131\u011f\u0131 endi\u015fe var.\n\nGerilim \u00f6ncesinde piyasalar, BoE\u2019nin gelecek haftaki toplant\u0131s\u0131nda faiz indirimi yapma olas\u0131l\u0131\u011f\u0131n\u0131 yakla\u015f\u0131k %80 olarak fiyatl\u0131yordu. Ancak petrol\u00fcn pahalanmas\u0131, enflasyon (fiyatlar\u0131n genel art\u0131\u015f\u0131) konusunda belirsizli\u011fi art\u0131rd\u0131; bu da BoE\u2019nin faiz indirimi plan\u0131n\u0131 ertelemesine yol a\u00e7abilir.\n\n

Energy Prices And Inflation Risk<\/h3>\nB\u00fct\u00e7e Sorumlulu\u011fu Ofisi\u2019nden (OBR) David Miles, enerji fiyatlar\u0131ndaki ani y\u00fckseli\u015flerin (enerji \u015foku) enflasyonu art\u0131rabilece\u011fini s\u00f6yledi. Ko\u015fullar de\u011fi\u015fmezse y\u0131l sonuna kadar t\u00fcketici fiyatlar\u0131n\u0131n yakla\u015f\u0131k %1 daha y\u00fcksek olabilece\u011fini tahmin ediyor. Uluslararas\u0131 Enerji Ajans\u0131 (IEA) ise artan enerji maliyetlerini s\u0131n\u0131rlamak i\u00e7in \u00fcye \u00fclkelerin stratejik petrol stoklar\u0131ndan (acil durum rezervleri) yakla\u015f\u0131k 400 milyon varil petrol piyasaya s\u00fcr\u00fclmesi konusunda uzla\u015ft\u0131.\n\nECB cephesinde piyasa fiyatlamas\u0131, Haziran\u2019a kadar faiz art\u0131\u015f\u0131 olas\u0131l\u0131\u011f\u0131n\u0131n %60\u2013%70 aral\u0131\u011f\u0131nda oldu\u011funa i\u015faret ediyor. Ancak EUR\/GBP \u00fczerinde bask\u0131 olu\u015ftu; \u00e7\u00fcnk\u00fc BoE\u2019nin faiz indirece\u011fi beklentisinin zay\u0131flamas\u0131 Sterlin\u2019i, ECB\u2019nin s\u0131k\u0131la\u015ft\u0131rma (faizi art\u0131rma veya y\u00fcksek tutma) ihtimalinin Euro\u2019yu destekledi\u011finden daha fazla destekledi.\n\nJoachim Nagel, enerji fiyatlar\u0131ndaki s\u0131\u00e7raman\u0131n kal\u0131c\u0131 bi\u00e7imde daha y\u00fcksek enflasyona yol a\u00e7mas\u0131 halinde ECB\u2019nin harekete ge\u00e7ece\u011fini s\u00f6yledi. Ayr\u0131ca, ekonomik g\u00f6r\u00fcn\u00fcm zay\u0131flarken enflasyon riskinin artt\u0131\u011f\u0131n\u0131 vurgulad\u0131.\n\nGe\u00e7en y\u0131l ABD-\u0130ran gerilimiyle ba\u011flant\u0131l\u0131 petrol fiyat \u015foku, BoE\u2019yi beklenen faiz indirimlerini ertelemeye zorlam\u0131\u015ft\u0131. Bu beklenmedik \u201c\u015fahinlik\u201d (faizde erken indirim yerine daha s\u0131k\u0131 duru\u015f) Euro kar\u015f\u0131s\u0131nda Sterlin\u2019e g\u00fc\u00e7l\u00fc destek vermi\u015fti. Bu tablo, enerji kaynakl\u0131 enflasyonun BoE\u2019ye faizi daha uzun s\u00fcre y\u00fcksek tutmak i\u00e7in gerek\u00e7e sa\u011flad\u0131\u011f\u0131n\u0131 g\u00f6steriyor.\n\n

Trading Implications For Eur Gbp<\/h3>\nBug\u00fcn de b\u00fcy\u00fck bir \u00e7at\u0131\u015fma olmasa bile benzer bir ayr\u0131\u015fma olu\u015fuyor. Son veriler, \u0130ngiltere enflasyonunun %4,0 ile diren\u00e7li kald\u0131\u011f\u0131n\u0131, Euro B\u00f6lgesi enflasyonunun ise %2,8\u2019e daha belirgin \u015fekilde geriledi\u011fini g\u00f6steriyor. Bu durum, BoE\u2019ye ECB\u2019ye k\u0131yasla daha az faiz indirim alan\u0131 b\u0131rak\u0131yor.\n\nBu, \u00f6n\u00fcm\u00fczdeki haftalarda EUR\/GBP\u2019de zay\u0131fl\u0131\u011f\u0131n s\u00fcrebilece\u011fi g\u00f6r\u00fc\u015f\u00fcn\u00fc g\u00fc\u00e7lendiriyor. Yat\u0131r\u0131mc\u0131lar, paritede d\u00fc\u015f\u00fc\u015f beklentisini opsiyonlarla (belirli bir tarihe kadar \u00f6nceden belirlenmi\u015f fiyattan al\u0131m\/sat\u0131m hakk\u0131 veren t\u00fcrev \u00fcr\u00fcn) ifade etmeyi d\u00fc\u015f\u00fcnebilir. \u00d6rne\u011fin EUR\/GBP \u00fczerinde \u201cput\u201d (sat\u0131\u015f opsiyonu: fiyat d\u00fc\u015ferse de\u011fer kazanan opsiyon) almak, a\u015fa\u011f\u0131 hareketten kazan\u00e7 hedeflerken en fazla zarar\u0131 ba\u015ftan s\u0131n\u0131rlamay\u0131 sa\u011flar.\n\nTemel etken, faiz politikas\u0131 beklentilerindeki fark. Bu fark, faiz t\u00fcrevleri (faiz oranlar\u0131na ba\u011fl\u0131 finansal s\u00f6zle\u015fmeler) \u00fczerinden de do\u011frudan i\u015flem konusu yap\u0131labilir. Mevcut ortam, \u0130ngiltere faizlerinin Euro B\u00f6lgesi\u2019ne k\u0131yasla y\u00fcksek kalmas\u0131ndan fayda sa\u011flayan pozisyonlara bakmay\u0131 g\u00fcndeme getiriyor. Bu i\u015flem, piyasan\u0131n BoE\u2019nin \u201cyap\u0131\u015fkan\u201d i\u00e7 enflasyonla (kolay d\u00fc\u015fmeyen enflasyon) m\u00fccadele ihtiyac\u0131n\u0131 h\u00e2l\u00e2 yeterince fiyatlamad\u0131\u011f\u0131 g\u00f6r\u00fc\u015f\u00fcne dayan\u0131r.\n\n2022 enerji krizi sonras\u0131ndaki d\u00f6nemde, \u0130ngiltere\u2019nin enflasyon sorunu Euro B\u00f6lgesi\u2019ne g\u00f6re daha uzun s\u00fcre kal\u0131c\u0131 olmu\u015ftu. Bu ge\u00e7mi\u015f deneyim ve Avrupa\u2019n\u0131n en b\u00fcy\u00fck ekonomisi Almanya\u2019daki k\u0131r\u0131lgan b\u00fcy\u00fcme g\u00f6r\u00fcn\u00fcm\u00fc birlikte d\u00fc\u015f\u00fcn\u00fcld\u00fc\u011f\u00fcnde, yeni bir arz \u015foku (petrol\/enerji tedarikinde ani bozulma) Euro\u2019yu daha olumsuz etkileyebilir. Bu da parite i\u00e7in a\u015fa\u011f\u0131 y\u00f6nl\u00fc g\u00f6r\u00fcn\u00fcm\u00fc destekliyor.\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":"

Petrol \u015foku Sterlin\u2019i parlat\u0131yor: EUR\/GBP 0,8628\u2019e inerek 4 \u015eubat dibine yakla\u015ft\u0131. ABD-\u0130ran gerilimi enflasyon kayg\u0131lar\u0131n\u0131 art\u0131rd\u0131, BoE faiz indirimine frene basabilir; ECB s\u0131k\u0131la\u015fsa da Sterlin bask\u0131n.<\/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-30123","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\/30123","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=30123"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30123\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}