{"id":30259,"date":"2026-03-13T07:06:32","date_gmt":"2026-03-13T07:06:32","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/sp-500-daha-zorlu-bir-makroekonomik-gorunumle-karsi-karsiya\/"},"modified":"2026-03-13T07:06:32","modified_gmt":"2026-03-13T07:06:32","slug":"sp-500-daha-zorlu-bir-makroekonomik-gorunumle-karsi-karsiya","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/analysis\/sp-500-daha-zorlu-bir-makroekonomik-gorunumle-karsi-karsiya\/","title":{"rendered":"S&#038;P 500 Daha Zorlu Bir Makroekonomik G\u00f6r\u00fcn\u00fcmle Kar\u015f\u0131 Kar\u015f\u0131ya"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/tr-mena\/wp-content\/uploads\/sites\/9\/2026\/05\/Nas4-1024x573.webp\" alt=\"\" class=\"wp-image-42557\"\/><\/figure>\n\n\n\n<p><strong>\u00d6ne \u00c7\u0131kan Noktalar<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>S&amp;P 500 6690,15 seviyesinde, +6,53 (+%0,10) y\u00fckseldi<\/strong>; ancak fiyat <strong>MA10 6783,72<\/strong>, <strong>MA20 6832,41<\/strong> ve <strong>MA30 6856,65<\/strong> seviyelerinin alt\u0131nda. (<strong>MA<\/strong>: hareketli ortalama; fiyat\u0131n son g\u00fcnlerdeki ortalamas\u0131n\u0131 g\u00f6steren teknik g\u00f6sterge.)<\/li>\n\n\n\n<li>Trader\u2019lar (k\u0131sa vadeli al-sat yapan piyasa oyuncular\u0131) art\u0131k bu y\u0131l <strong>Fed\u2019den bir faiz indirimi<\/strong> ihtimalini bile tam fiyatlam\u0131yor; \u015eubat sonundaysa <strong>iki indirim<\/strong> fiyatlan\u0131yordu.<\/li>\n\n\n\n<li>Brent petrol g\u00fcn i\u00e7inde bir ara <strong>%10\u2019dan fazla<\/strong> y\u00fckselerek <strong>varil ba\u015f\u0131na 101,59 dolara<\/strong> \u00e7\u0131kt\u0131. Sava\u015f\u0131n ba\u015flamas\u0131ndan bu yana dolar, alt\u0131 b\u00fcy\u00fck para birimine kar\u015f\u0131 <strong>%2\u2019den fazla<\/strong> de\u011fer kazand\u0131.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<p>S&amp;P 500 dengelenmeye \u00e7al\u0131\u015f\u0131yor ancak makro g\u00f6r\u00fcn\u00fcm sertle\u015fti. Piyasalar, Orta Do\u011fu\u2019da sava\u015f\u0131n uzamas\u0131, petrol\u00fcn <strong>varil ba\u015f\u0131na 100 dolar<\/strong> civar\u0131nda kalmas\u0131 ve enflasyonun (fiyat art\u0131\u015flar\u0131n\u0131n) daha inat\u00e7\u0131 seyretmesi olas\u0131l\u0131\u011f\u0131na uyum sa\u011fl\u0131yor.<\/p>\n\n\n\n<p>Bu tablo \u201c<strong>stagflasyon<\/strong>\u201d endi\u015fesini \u00f6ne \u00e7\u0131kar\u0131yor: B\u00fcy\u00fcme yava\u015flarken enflasyonun y\u00fcksek kalmas\u0131. Reuters\u2019a g\u00f6re Per\u015fembe g\u00fcn\u00fc Wall Street, petrol\u00fcn s\u0131\u00e7ramas\u0131yla sert d\u00fc\u015ft\u00fc; yat\u0131r\u0131mc\u0131lar faizlerin ve b\u00fcy\u00fcmenin seyrini yeniden de\u011ferlendirdi.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">US stocks fell on Thursday, further exacerbating inflation fears. The S&amp;P 500 notched its biggest three-day percentage drop in a month <a href=\"https:\/\/t.co\/5RSoimnzHZ\">https:\/\/t.co\/5RSoimnzHZ<\/a> <a href=\"https:\/\/t.co\/69sDhn88Rh\">pic.twitter.com\/69sDhn88Rh<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/2032261179989725219?ref_src=twsrc%5Etfw\">March 13, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Hisse senetleri i\u00e7in ortam zor. Petrol\u00fcn y\u00fckselmesi t\u00fcketici ve \u015firketler i\u00e7in fiilen ek maliyet demek. K\u00e2r marjlar\u0131n\u0131 (\u015firketin sat\u0131\u015ftan elde etti\u011fi k\u00e2r oran\u0131n\u0131) bask\u0131lar, g\u00fcveni zedeler ve ayn\u0131 anda tahvil faizlerini yukar\u0131 iter. \u015eok uzarsa, yat\u0131r\u0131mc\u0131lar geni\u015f endekslere maruziyeti azaltmay\u0131 s\u00fcrd\u00fcrebilir; d\u00fc\u015f\u00fc\u015fte al\u0131m i\u015ftah\u0131 (dip-buying) s\u0131n\u0131rl\u0131 kalabilir.<\/p>\n\n\n\n<p>Petrol <strong>100 dolar<\/strong> civar\u0131nda kal\u0131r ve tahvil faizleri y\u00fcksek seyrederse, S&amp;P 500\u2019de kal\u0131c\u0131 toparlanma zorla\u015fabilir; y\u00fckseli\u015f denemeleri zay\u0131f kalabilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Faiz \u0130ndirimi Umudu H\u0131zla Tersine D\u00f6nd\u00fc<\/h2>\n\n\n\n<p>En b\u00fcy\u00fck de\u011fi\u015fim faiz beklentilerinde. Piyasa, bu y\u0131l ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) <strong>bir faiz indirimi<\/strong> yapmas\u0131n\u0131 bile art\u0131k tam fiyatlam\u0131yor; \u015eubat sonunda <strong>iki indirim<\/strong> beklentisi fiyatlan\u0131yordu. K\u0131sa s\u00fcrede \u00f6nemli bir y\u00f6n de\u011fi\u015fimi ya\u015fand\u0131.<\/p>\n\n\n\n<p><strong>Fed fon vadeli i\u015flemleri<\/strong> (piyasan\u0131n Fed\u2019in politika faizine ili\u015fkin beklentisini \u00f6l\u00e7en vadeli kontratlar), indirim beklentisini daha ileri tarihlere itti. Yat\u0131r\u0131mc\u0131lar, enerji kaynakl\u0131 enflasyon riski y\u00fcksekken Fed\u2019in faiz indirip indirememesini sorguluyor.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Fed to cut rates in June, economists still say, despite war inflation risks: Reuters poll <a href=\"https:\/\/t.co\/GX9pOoOCLr\">https:\/\/t.co\/GX9pOoOCLr<\/a> <a href=\"https:\/\/t.co\/GX9pOoOCLr\">https:\/\/t.co\/GX9pOoOCLr<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/2032187422839054622?ref_src=twsrc%5Etfw\">March 12, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Bask\u0131 sadece ABD ile s\u0131n\u0131rl\u0131 de\u011fil. Reuters\u2019a g\u00f6re <a href=\"https:\/\/t.co\/uKhzdLVGWz\" target=\"_blank\" rel=\"noopener nofollow\" title=\"\">Avrupa Merkez Bankas\u0131 (ECB)<\/a> i\u00e7in para piyasalar\u0131 (k\u0131sa vadeli faizlerin belirlendi\u011fi piyasa) <strong>Temmuz\u2019a kadar bir faiz art\u0131\u015f\u0131n\u0131<\/strong> tamamen fiyatlad\u0131; <strong>Aral\u0131k\u2019a kadar ikinci art\u0131\u015f olas\u0131l\u0131\u011f\u0131<\/strong> da <strong>%70<\/strong> g\u00f6r\u00fcl\u00fcyor. \u015eubat ay\u0131nda y\u0131l sonuna kadar <strong>faiz indirimi ihtimali<\/strong> yakla\u015f\u0131k <strong>%40<\/strong> seviyesindeydi.<\/p>\n\n\n\n<p>Euro B\u00f6lgesi\u2019nde <strong>Bund<\/strong> (Almanya devlet tahvili) faizleri yakla\u015f\u0131k <strong>2,5 y\u0131l\u0131n<\/strong> en y\u00fckse\u011fine \u00e7\u0131kt\u0131. ABD\u2019de <strong>2 y\u0131ll\u0131k Hazine tahvili faizi<\/strong> (k\u0131sa vadeli faiz beklentisini yans\u0131tan g\u00f6sterge) <strong>6 ay\u0131n<\/strong> zirvesini g\u00f6rd\u00fc.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Treasury yields are higher as investors await key inflation report <a href=\"https:\/\/t.co\/Q47botkFBy\">https:\/\/t.co\/Q47botkFBy<\/a><\/p>&mdash; CNBC (@CNBC) <a href=\"https:\/\/twitter.com\/CNBC\/status\/2031649534724505973?ref_src=twsrc%5Etfw\">March 11, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Hisse senetlerinde bu \u00f6nemli; \u00e7\u00fcnk\u00fc de\u011ferleme deste\u011fini de\u011fi\u015ftirir. Faiz indirimi beklentisi azal\u0131nca, piyasan\u0131n ana \u201ctampon\u201dlar\u0131ndan biri zay\u0131flar.<\/p>\n\n\n\n<p>Merkez bankalar\u0131 gelecek hafta enflasyona kar\u015f\u0131 temkinli mesajlar verirse, S&amp;P 500 bask\u0131 alt\u0131nda kalabilir; \u00f6zellikle faize duyarl\u0131 sekt\u00f6rlerde (faiz art\u0131\u015f\u0131ndan daha h\u0131zl\u0131 etkilenen sekt\u00f6rler) risk artar.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Petrol \u015eoku G\u00fcndemi Belirliyor<\/h2>\n\n\n\n<p>Petrol ana belirleyici olmaya devam ediyor. Brent petrol g\u00fcn i\u00e7inde bir ara <strong>%10\u2019dan fazla<\/strong> y\u00fckselerek <strong>101,59 dolar<\/strong> g\u00f6rd\u00fc. Reuters\u2019a g\u00f6re Uluslararas\u0131 Enerji Ajans\u0131 (IEA) stratejik stoklardan rekor <strong>400 milyon varil<\/strong> piyasaya s\u00fcrme konusunda anla\u015ft\u0131ktan sonra bile Asya i\u015flemlerinde petrol daha sonra <strong>%7,9 art\u0131\u015fla 99,21 dolar<\/strong> seviyesindeydi. Tepkinin s\u0131n\u0131rl\u0131 kalmas\u0131n\u0131n nedeni, bu ad\u0131mlar\u0131n arz kesintisini (piyasaya gelen petrol miktar\u0131ndaki d\u00fc\u015f\u00fc\u015f\u00fc) tamamen telafi edemeyece\u011fi endi\u015fesi.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Exchanges oppose potential US Treasury intervention in oil futures market <a href=\"https:\/\/t.co\/ZcgO9sMj2p\">https:\/\/t.co\/ZcgO9sMj2p<\/a> <a href=\"https:\/\/t.co\/ZcgO9sMj2p\">https:\/\/t.co\/ZcgO9sMj2p<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/2032329590803140637?ref_src=twsrc%5Etfw\">March 13, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Petrolde oynakl\u0131k (fiyat\u0131n sert dalgalanmas\u0131) da \u00e7ok y\u00fcksek. Reuters\u2019a g\u00f6re <strong>Cboe petrol oynakl\u0131k endeksi (OVX)<\/strong> <strong>121,01<\/strong> seviyesine s\u0131\u00e7rad\u0131; bu, 2020\u2019de COVID \u015fokunun ilk d\u00f6neminden bu yana en y\u00fcksek seviye. Bu, g\u00fcnl\u00fck fiyat aral\u0131\u011f\u0131n\u0131n geni\u015f kalaca\u011f\u0131 ve g\u00f6r\u00fcn\u00fcrl\u00fc\u011f\u00fcn zay\u0131f oldu\u011fu anlam\u0131na gelir.<\/p>\n\n\n\n<p>Olumlu haberler zarar\u0131 sadece s\u0131n\u0131rlad\u0131. ABD, denizde mahsur kalan yapt\u0131r\u0131m kapsam\u0131ndaki Rus petrol\u00fc ve petrol \u00fcr\u00fcnlerinin al\u0131nmas\u0131na y\u00f6nelik \u00fclkelere <strong>30 g\u00fcnl\u00fck muafiyet<\/strong> verdi. Ancak tepki s\u0131n\u0131rl\u0131 kald\u0131; Orta Do\u011fu kaynakl\u0131 enerji ak\u0131\u015f\u0131ndaki t\u0131kan\u0131kl\u0131k (sevkiyat\u0131n aksamas\u0131) tam \u00e7\u00f6z\u00fclmedi.<\/p>\n\n\n\n<p>Petrol oynakl\u0131\u011f\u0131 y\u00fcksek kal\u0131r ve H\u00fcrm\u00fcz ge\u00e7i\u015fi aksarsa, hisse senetleri olumsuz haber ak\u0131\u015f\u0131na daha hassas kalabilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Dolar G\u00fcc\u00fc Ek Bir Bask\u0131 Unsuru<\/h2>\n\n\n\n<p>Bu d\u00f6nemde net \u201cg\u00fcvenli liman\u201d ABD dolar\u0131 oldu. Reuters\u2019a g\u00f6re dolar endeksi (dolar\u0131n ba\u015fl\u0131ca para birimlerine kar\u015f\u0131 de\u011ferini g\u00f6steren sepet) sava\u015f\u0131n ba\u015flamas\u0131ndan bu yana alt\u0131 b\u00fcy\u00fck para birimine kar\u015f\u0131 <strong>%2\u2019den fazla<\/strong> y\u00fckseldi. G\u00fc\u00e7l\u00fc dolar, finansal ko\u015fullar\u0131 s\u0131k\u0131la\u015ft\u0131rabilir (kredinin pahalanmas\u0131 gibi) ve \u00e7ok uluslu \u015firketlerin k\u00e2rlar\u0131n\u0131 dolar cinsine \u00e7evirdi\u011finde azaltabilir.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Institutional investors are buying US dollars at the strongest level in nearly two years, as conflict in the Middle East drives demand for safe-haven assets, according to State Street. <a href=\"https:\/\/t.co\/fwx104t4zq\">https:\/\/t.co\/fwx104t4zq<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/2032170352328028438?ref_src=twsrc%5Etfw\">March 12, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Dolar\u0131n g\u00fc\u00e7lenmesi k\u00fcresel stresin de i\u015fareti. Yat\u0131r\u0131mc\u0131lar, nakde kolay \u00e7evrilebilirlik (likidite) ve enflasyon \u015fokuna kar\u015f\u0131 korunma i\u00e7in dolara y\u00f6neliyor. Bu genelde risk i\u015ftah\u0131 zay\u0131flad\u0131\u011f\u0131nda g\u00f6r\u00fcl\u00fcr.<\/p>\n\n\n\n<p>Dolar y\u00fckselmeye devam ederse, S&amp;P 500 \u00fczerinde ek bask\u0131 yaratabilir; \u00f6zellikle teknoloji ve sanayi gibi k\u00fcresel gelire daha a\u00e7\u0131k sekt\u00f6rlerde.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Teknik Analiz<\/h2>\n\n\n\n<p><strong>S&amp;P 500<\/strong> yakla\u015f\u0131k <strong>6.690<\/strong> seviyesinde, seansta <strong>%0,10<\/strong> art\u0131da. Endeks, <strong>7.017<\/strong> zirvesinden gelen d\u00fc\u015f\u00fc\u015f sonras\u0131 dengelenmeye \u00e7al\u0131\u015f\u0131yor. G\u00f6r\u00fcn\u00fcm, \u00f6nceki y\u00fckseli\u015f ivmesinden (yukar\u0131 y\u00f6nl\u00fc h\u0131z) k\u0131sa vadeli bir d\u00fczeltmeye (ge\u00e7ici geri \u00e7ekilmeye) kay\u0131ld\u0131\u011f\u0131n\u0131 ve daha d\u00fc\u015f\u00fck destek seviyelerinin test edildi\u011fini g\u00f6steriyor.<\/p>\n\n\n\n<p>Teknik a\u00e7\u0131dan endeks k\u0131sa vadeli birka\u00e7 \u00f6nemli <strong>hareketli ortalaman\u0131n<\/strong> alt\u0131nda. <strong>5 g\u00fcnl\u00fck hareketli ortalama (6.745)<\/strong> ve <strong>10 g\u00fcnl\u00fck (6.783)<\/strong> mevcut fiyat\u0131n \u00fczerinde ve a\u015fa\u011f\u0131 e\u011fimli; bu da yukar\u0131 y\u00f6n\u00fcn bask\u0131 alt\u0131nda oldu\u011funa i\u015faret ediyor.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/tr-mena\/wp-content\/uploads\/sites\/9\/2026\/05\/image-17-1024x474.jpg\" alt=\"\" class=\"wp-image-44331\"\/><\/figure>\n\n\n\n<p><strong>20 g\u00fcnl\u00fck hareketli ortalama (6.832)<\/strong> ve <strong>30 g\u00fcnl\u00fck (6.856)<\/strong> da fiyat\u0131n \u00fczerinde. Endeks bu <strong>diren\u00e7<\/strong> (y\u00fckseli\u015fte zorlan\u0131lan seviye) b\u00f6lgesinin alt\u0131nda kald\u0131\u011f\u0131 i\u00e7in k\u0131sa vadeli g\u00f6r\u00fcn\u00fcm zay\u0131f.<\/p>\n\n\n\n<p>\u0130lk <strong>destek<\/strong> (d\u00fc\u015f\u00fc\u015fte al\u0131c\u0131 gelen seviye) <strong>6.650\u20136.670<\/strong> band\u0131nda. Bu b\u00f6lgenin alt\u0131na sarkma, <strong>6.550\u20136.600<\/strong> band\u0131na do\u011fru geri \u00e7ekilmeyi g\u00fcndeme getirebilir.<\/p>\n\n\n\n<p>Yukar\u0131da ilk diren\u00e7 <strong>6.740\u20136.780<\/strong> band\u0131nda. Ard\u0131ndan, 20 g\u00fcnl\u00fck hareketli ortalaman\u0131n bulundu\u011fu <strong>6.830<\/strong> civar\u0131 daha g\u00fc\u00e7l\u00fc diren\u00e7 olarak \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n\n\n\n<p>Genel olarak S&amp;P 500, <strong>7.000 \u00fczerinde tutunamay\u0131nca k\u0131sa vadeli yatay bir s\u0131k\u0131\u015fma<\/strong> (konsolidasyon: dar aral\u0131kta hareket) ya\u015f\u0131yor. Endeks <strong>6.780\u20136.830<\/strong> b\u00f6lgesini yeniden a\u015famazsa, yak\u0131n vadede temkinli g\u00f6r\u00fcn\u00fcm korunabilir ve net y\u00f6n olu\u015fmadan \u00f6nce a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131 s\u00fcrebilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Trader\u2019lar Sonraki Ad\u0131mda Neye Bakmal\u0131?<\/h2>\n\n\n\n<p>Gelecek hafta yap\u0131lacak merkez bankas\u0131 toplant\u0131lar\u0131 \u00f6nemli. Politika yap\u0131c\u0131lar ayn\u0131 anda enflasyon, faizler ve yava\u015flayan b\u00fcy\u00fcme konular\u0131n\u0131 ele almak zorunda. Sava\u015f ve enerji \u015foku, faiz g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc de\u011fi\u015ftirdi\u011fi i\u00e7in bu toplant\u0131lar piyasalar\u0131n oda\u011f\u0131nda olacak.<\/p>\n\n\n\n<p>K\u0131sa vadede \u00fc\u00e7 ba\u015fl\u0131k izlenmeli: petrol\u00fcn son panik zirvelerinin alt\u0131nda kal\u0131p kalamayaca\u011f\u0131, tahvil faizlerinin y\u00fckselmeye devam edip etmeyece\u011fi ve S&amp;P 500\u2019\u00fcn <strong>6745,50<\/strong> ile <strong>6783,72<\/strong> civar\u0131ndaki ilk diren\u00e7 band\u0131n\u0131 geri al\u0131p alamayaca\u011f\u0131. Bu \u00fc\u00e7\u00fc birlikte iyile\u015fmezse, tepki y\u00fckseli\u015fi s\u0131n\u0131rl\u0131 kalabilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">SSS<\/h2>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Piyasalarda Neden Yeniden Stagflasyon Riski Konu\u015fuluyor?<\/strong> <br><strong>Stagflasyon<\/strong>, <strong>yava\u015f b\u00fcy\u00fcme<\/strong> ile <strong>y\u00fcksek enflasyonun<\/strong> ayn\u0131 anda g\u00f6r\u00fclmesidir. Petrol\u00fcn <strong>100 dolar<\/strong> \u00fczerini g\u00f6rmesi enerji maliyetlerini art\u0131rabilir ve b\u00fcy\u00fcmeyi zay\u0131flatabilir; bu da riski g\u00fcndeme ta\u015f\u0131r.<\/li>\n\n\n\n<li><strong>Y\u00fcksek Petrol Fiyat\u0131 Borsay\u0131 Nas\u0131l Etkiler?<\/strong> <br>Petrol y\u00fckselince \u015firketlerin \u00fcretim ve ta\u015f\u0131ma maliyetleri artar, t\u00fcketicinin harcama g\u00fcc\u00fc azal\u0131r. Bu ikisi, \u015firket k\u00e2rlar\u0131n\u0131 bask\u0131layarak <strong>S&amp;P 500<\/strong> gibi endeksleri olumsuz etkileyebilir.<\/li>\n\n\n\n<li><strong>Yat\u0131r\u0131mc\u0131lar Neden Faiz \u0130ndirimi Beklentisini Azalt\u0131yor?<\/strong> <br>Enerji fiyatlar\u0131ndaki art\u0131\u015f enflasyon riskini b\u00fcy\u00fct\u00fcr; bu da merkez bankalar\u0131n\u0131 faiz indiriminde daha temkinli yapar. Piyasa art\u0131k bu y\u0131l <strong>Fed\u2019den bir faiz indirimi<\/strong> ihtimalini bile tam fiyatlam\u0131yor; \u015eubat sonunda <strong>iki indirim<\/strong> beklentisi vard\u0131.<\/li>\n\n\n\n<li><strong>ECB\u2019de Faiz Beklentileri Neden Y\u00fckseliyor?<\/strong> <br>Para piyasas\u0131, <strong>Temmuz\u2019a kadar ECB\u2019den faiz art\u0131\u015f\u0131n\u0131<\/strong> tamamen fiyatl\u0131yor; <strong>Aral\u0131k\u2019a kadar ikinci art\u0131\u015f olas\u0131l\u0131\u011f\u0131n\u0131<\/strong> da <strong>%70<\/strong> g\u00f6r\u00fcyor. \u015eubat\u2019ta y\u0131l sonuna kadar <strong>faiz indirimi<\/strong> olas\u0131l\u0131\u011f\u0131 yakla\u015f\u0131k <strong>%40<\/strong>t\u0131; beklenti h\u0131zla de\u011fi\u015fti.<\/li>\n\n\n\n<li><strong>Dolar\u0131n G\u00fc\u00e7lenmesi S&amp;P 500\u2019\u00fc Nas\u0131l Etkiler?<\/strong> <br>G\u00fc\u00e7l\u00fc dolar, finansal ko\u015fullar\u0131 s\u0131k\u0131la\u015ft\u0131rabilir ve \u00e7ok uluslu \u015firketlerin yurt d\u0131\u015f\u0131 gelirlerini dolara \u00e7evirdi\u011finde daha d\u00fc\u015f\u00fck g\u00f6r\u00fcnmesine yol a\u00e7abilir; bu da ABD hisselerini bask\u0131layabilir.<\/li>\n\n\n\n<li><strong>Stratejik Petrol Stoklar\u0131n\u0131n Piyasaya Verilmesi Piyasay\u0131 Sakinle\u015ftirdi mi?<\/strong> <br>IEA, stratejik rezervlerden <strong>400 milyon varil<\/strong> petrol\u00fcn piyasaya verilmesini kabul etti. Bu ad\u0131m fiyatlar\u0131 bir miktar dengeleyebilir; ancak Orta Do\u011fu\u2019daki \u00e7at\u0131\u015fmaya ba\u011fl\u0131 arz ve sevkiyat sorunlar\u0131 tam \u00e7\u00f6z\u00fclmedi\u011fi i\u00e7in temkin s\u00fcr\u00fcyor.<\/li>\n<\/ol>\n\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>Petrol \u015foku piyasalar\u0131 vurdu: Brent 100 dolar s\u0131n\u0131r\u0131nda, dolar g\u00fc\u00e7leniyor. S&#038;P 500 6690\u2019da toparlanmaya \u00e7al\u0131\u015fsa da MA\u2019lar\u0131n alt\u0131nda. Fed\u2019de indirim umudu erirken stagflasyon korkusu b\u00fcy\u00fcyor.<\/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":[2],"tags":[],"class_list":["post-30259","post","type-post","status-publish","format-standard","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30259","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=30259"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30259\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}