{"id":30843,"date":"2026-03-20T19:01:54","date_gmt":"2026-03-20T19:01:54","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/subat-ayinda-kanadanin-hammadde-fiyat-endeksi-06-ile-beklenen-24-seviyesinin-altinda-kaldi\/"},"modified":"2026-03-20T19:01:54","modified_gmt":"2026-03-20T19:01:54","slug":"subat-ayinda-kanadanin-hammadde-fiyat-endeksi-06-ile-beklenen-24-seviyesinin-altinda-kaldi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/subat-ayinda-kanadanin-hammadde-fiyat-endeksi-06-ile-beklenen-24-seviyesinin-altinda-kaldi\/","title":{"rendered":"\u015eubat ay\u0131nda Kanada\u2019n\u0131n Hammadde Fiyat Endeksi %0,6 ile beklenen %2,4 seviyesinin alt\u0131nda kald\u0131"},"content":{"rendered":"Kanada\u2019n\u0131n Hammadde Fiyat Endeksi (RMPI: \u00fcretimde kullan\u0131lan ham maddelerin fiyatlar\u0131n\u0131 izleyen g\u00f6sterge) \u015fubatta %0,6 y\u00fckseldi.\n\nBu art\u0131\u015f, %2,4\u2019l\u00fck beklentinin alt\u0131nda kald\u0131.\n\nBu sabah a\u00e7\u0131klanan RMPI verisi beklentilerin belirgin bi\u00e7imde alt\u0131nda gelerek s\u00fcrpriz yapt\u0131. Bu sonu\u00e7, tedarik zincirinin ba\u015flang\u0131c\u0131ndaki (\u00fcretim girdi fiyatlar\u0131) enflasyon bask\u0131lar\u0131n\u0131n tahmin edilenden daha h\u0131zl\u0131 zay\u0131flad\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Bu veriyi, Kanada Merkez Bankas\u0131\u2019n\u0131n (BoC) s\u0131k\u0131 para politikas\u0131n\u0131n (faizleri y\u00fcksek tutarak talebi s\u0131n\u0131rlama) g\u00fc\u00e7l\u00fc etkisine i\u015faret eden \u00f6nc\u00fc bir g\u00f6sterge olarak okumak gerekir.\n\nZay\u0131f girdi fiyatlar\u0131 verisi, ocakta y\u0131ll\u0131k man\u015fet enflasyonun (genel T\u00dcFE: t\u00fcketici fiyat endeksi) %2,8 ile h\u00e2l\u00e2 y\u00fcksek seyretmesinin ard\u0131ndan geldi. Yeni RMPI de\u011feri, \u00f6n\u00fcm\u00fczdeki aylarda T\u00dcFE\u2019de bir gerileme g\u00f6r\u00fclebilece\u011fine dair ilk net sinyal niteli\u011finde. Bu durum, BoC\u2019nin bir sonraki faiz karar\u0131na ili\u015fkin beklentileri temelden de\u011fi\u015ftiriyor.\n\nPiyasan\u0131n art\u0131k y\u0131l ortas\u0131na kadar faiz indirimi olas\u0131l\u0131\u011f\u0131n\u0131 daha y\u00fcksek fiyatlamaya ba\u015flayaca\u011f\u0131n\u0131 ve beklentileri \u00f6ne \u00e7ekece\u011fini d\u00fc\u015f\u00fcn\u00fcyoruz. 2025\u2019te piyasalar\u0131n davran\u0131\u015f\u0131na bak\u0131ld\u0131\u011f\u0131nda, Banka\u2019n\u0131n ilk politika d\u00f6n\u00fc\u015f\u00fc (faiz art\u0131\u015flar\u0131ndan indirimlere veya duraklamaya ge\u00e7i\u015f) \u00f6ncesindeki haftalarda Kanada tahvil getirilerinin (tahvil faizi) belirgin \u015fekilde d\u00fc\u015ft\u00fc\u011f\u00fc g\u00f6r\u00fclm\u00fc\u015ft\u00fc. \u0130\u015flem yapanlar, BAX vadeli i\u015flemleri (Bankers\u2019 Acceptance: k\u0131sa vadeli faiz beklentilerini yans\u0131tan t\u00fcrev s\u00f6zle\u015fmeler) veya tahvil ETF\u2019leri \u00fczerindeki opsiyonlar (belirli fiyattan alma\/satma hakk\u0131 veren s\u00f6zle\u015fmeler) gibi ara\u00e7larla daha d\u00fc\u015f\u00fck getirilere y\u00f6nelik pozisyon almay\u0131 de\u011ferlendirebilir.\n\nKanada dolar\u0131 (CAD) a\u00e7\u0131s\u0131ndan etkisi do\u011frudan olumsuz g\u00f6r\u00fcn\u00fcyor; \u00e7\u00fcnk\u00fc ABD ile faiz fark\u0131n\u0131n (iki \u00fclke faizleri aras\u0131ndaki fark) a\u00e7\u0131lmas\u0131 bekleniyor. ABD Merkez Bankas\u0131 (Fed) daha g\u00fc\u00e7l\u00fc b\u00fcy\u00fcmeyle kar\u015f\u0131 kar\u015f\u0131ya; son istihdam raporu 215 binin \u00fczerinde yeni i\u015f eklendi\u011fini g\u00f6sterdi. Politika ayr\u0131\u015fmas\u0131 (merkez bankalar\u0131n\u0131n farkl\u0131 y\u00f6nde hareket etmesi) CAD \u00fczerinde a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131 yaratabilir; USD\/CAD al\u0131m opsiyonlar\u0131 (call: belirli fiyattan alma hakk\u0131) \u00fczerinden kurda y\u00fckseli\u015f y\u00f6n\u00fcnde pozisyon almak de\u011ferlendirilebilecek bir strateji.\n\nBu sinyal, Kanada\u2019da b\u00fcy\u00fcmenin yava\u015flamas\u0131yla da g\u00fc\u00e7leniyor; 2025\u2019in son \u00e7eyre\u011finde GSYH (GDP: Gayri Safi Yurt \u0130\u00e7i Has\u0131la, ekonominin toplam \u00fcretimi) y\u0131ll\u0131kland\u0131r\u0131lm\u0131\u015f bazda yaln\u0131zca %0,9 artt\u0131. Zay\u0131f b\u00fcy\u00fcme ile d\u00fc\u015fen enflasyonun birle\u015fimi, BoC\u2019ye politikas\u0131n\u0131 gev\u015fetmek (faiz indirimine gitmek) i\u00e7in daha geni\u015f bir alan sa\u011fl\u0131yor. Tarihsel olarak RMPI, T\u00dcFE\u2019yi iki-\u00fc\u00e7 \u00e7eyrek (yakla\u015f\u0131k 6-9 ay) \u00f6nceden i\u015faret etme e\u011filiminde; bu nedenle \u015fubattaki zay\u0131f veri, y\u0131l\u0131n ikinci yar\u0131s\u0131nda enflasyonun belirgin bi\u00e7imde daha \u0131l\u0131ml\u0131 olabilece\u011fine i\u015faret ediyor.\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>S\u00fcrpriz RMPI: Kanada\u2019da hammadde fiyat endeksi \u015fubatta %0,6 artt\u0131, %2,4 beklentisinin alt\u0131nda kald\u0131. Girdi enflasyonu zay\u0131fl\u0131yor; BoC\u2019nin y\u0131l ortas\u0131na kadar faiz indirimi fiyatlamas\u0131 artarken CAD bask\u0131 alt\u0131nda.<\/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-30843","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\/30843","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=30843"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/30843\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=30843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=30843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=30843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}