{"id":31155,"date":"2026-03-25T19:05:23","date_gmt":"2026-03-25T19:05:23","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/bbhden-elias-haddad-aud-usd-bant-altina-yakin-seyrederken-enerji-kaynakli-enflasyon-fiyat-baskilarini-artirabilir\/"},"modified":"2026-03-25T19:05:23","modified_gmt":"2026-03-25T19:05:23","slug":"bbhden-elias-haddad-aud-usd-bant-altina-yakin-seyrederken-enerji-kaynakli-enflasyon-fiyat-baskilarini-artirabilir","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/bbhden-elias-haddad-aud-usd-bant-altina-yakin-seyrederken-enerji-kaynakli-enflasyon-fiyat-baskilarini-artirabilir\/","title":{"rendered":"BBH\u2019den Elias Haddad: AUD\/USD bant alt\u0131na yak\u0131n seyrederken, enerji kaynakl\u0131 enflasyon fiyat bask\u0131lar\u0131n\u0131 art\u0131rabilir"},"content":{"rendered":"AUD\/USD, son d\u00f6nemdeki 0,6900\u20130,7200 band\u0131n\u0131n alt s\u0131n\u0131r\u0131na yak\u0131n i\u015flem g\u00f6r\u00fcyor. \u015eubat enflasyonu beklentilerin biraz alt\u0131nda geldi; ancak enerji fiyatlar\u0131ndaki art\u0131\u015f\u0131n \u00fcr\u00fcn ve hizmet fiyatlar\u0131na yans\u0131mas\u0131yla (ge\u00e7i\u015fkenlik) enflasyonun yeniden h\u0131zlanaca\u011f\u0131 \u00f6ng\u00f6r\u00fcl\u00fcyor.\n\n\u015eubat ay\u0131nda man\u015fet T\u00dcFE (T\u00fcketici Fiyat Endeksi) y\u0131ll\u0131k bazda 0,1 puan gerileyerek %3,7\u2019ye indi; piyasa beklentisi %3,8\u2019di. K\u0131rp\u0131lm\u0131\u015f ortalama T\u00dcFE (a\u015f\u0131r\u0131 art\u0131\u015f\/azal\u0131\u015f g\u00f6steren kalemler hari\u00e7 tutularak temel e\u011filimi \u00f6l\u00e7en g\u00f6sterge) y\u0131ll\u0131k %3,3 oldu; beklenti %3,4\u2019t\u00fc. Bu, \u00fcst \u00fcste \u00fc\u00e7\u00fcnc\u00fc ay.\n\n<h3>Rba&#8217;n\u0131n Oda\u011f\u0131 \u00c7ekirdek Enflasyon G\u00f6stergeleri<\/h3>\nAvustralya\u2019da ayl\u0131k T\u00dcFE en yayg\u0131n enflasyon g\u00f6stergesidir; ancak Avustralya Merkez Bankas\u0131 (RBA), \u00fc\u00e7 ayl\u0131k T\u00dcFE i\u00e7inde yer alan \u00e7ekirdek\/temel enflasyon g\u00f6stergelerine (ge\u00e7ici oynak kalemlerden ar\u0131nd\u0131r\u0131lm\u0131\u015f \u00f6l\u00e7\u00fcmler) daha \u00e7ok \u00f6nem verir. RBA, enflasyonun bir s\u00fcre hedefin \u00fczerinde kalabilece\u011fini; risklerin yukar\u0131 y\u00f6nl\u00fc oldu\u011funu ve bunun enflasyon beklentilerini de etkileyebilece\u011fini vurgulad\u0131.\n\nRBA ayr\u0131ca Orta Do\u011fu\u2019daki belirsizli\u011fin farkl\u0131 senaryolarda k\u00fcresel ve yurt i\u00e7i enflasyonu etkileyebilece\u011fini belirtti. 1. \u00e7eyrek T\u00dcFE 29 Nisan\u2019da a\u00e7\u0131klanacak; 5 May\u0131s\u2019taki RBA faiz karar\u0131 \u00f6ncesinde.\n\nPiyasalar 5 May\u0131s\u2019ta faizin 25 baz puan (bps; faiz oran\u0131n\u0131n y\u00fczde 0,01\u2019ine e\u015fit \u00f6l\u00e7\u00fc birimi) artarak %4,35\u2019e \u00e7\u0131kma olas\u0131l\u0131\u011f\u0131n\u0131 %65 olarak fiyatl\u0131yor.\n\nAUD\/USD \u015fu anda 0,6550 civar\u0131nda i\u015flem g\u00f6r\u00fcyor ve son birka\u00e7 aydaki band\u0131n alt ucunu test ediyor. Son enflasyon verisi beklenenden bir miktar d\u00fc\u015f\u00fck gelse de fiyat bask\u0131lar\u0131n\u0131n yeniden artmas\u0131 bekleniyor. Bu da kritik veri a\u00e7\u0131klamalar\u0131 \u00f6ncesinde belirsizli\u011fi art\u0131r\u0131yor.\n\n<h3>Piyasalar 1. \u00c7eyrek T\u00fcfe Ve Rba Karar\u0131na Haz\u0131rlan\u0131yor<\/h3>\n\u015eubat ay\u0131 ayl\u0131k man\u015fet enflasyon %3,5 geldi; bu oran h\u00e2l\u00e2 RBA\u2019n\u0131n hedef aral\u0131\u011f\u0131n\u0131n (hedef bant) belirgin \u015fekilde \u00fczerinde. 2025 boyunca \u00e7ekirdek enflasyonun (ge\u00e7ici kalemlerden ar\u0131nd\u0131r\u0131lm\u0131\u015f enflasyon) inat\u00e7\u0131 kald\u0131\u011f\u0131 g\u00f6r\u00fclm\u00fc\u015ft\u00fc; k\u0131rp\u0131lm\u0131\u015f ortalama g\u00f6stergenin %3,6\u2019da kalmas\u0131 da RBA\u2019n\u0131n duru\u015funu yumu\u015fatmas\u0131 i\u00e7in g\u00fc\u00e7l\u00fc bir gerek\u00e7e b\u0131rakm\u0131yor. Enflasyonu hedefe indirmenin son a\u015famas\u0131n\u0131n en zor b\u00f6l\u00fcm oldu\u011fu ifade ediliyor.\n\nBu temkinli yakla\u015f\u0131m\u0131n ana nedenlerinden biri enerji fiyatlar\u0131ndaki kal\u0131c\u0131l\u0131k. K\u00fcresel ham petrol\u00fcn varil fiyat\u0131 85 dolar\u0131n \u00fczerinde seyrediyor. Bu durum, k\u00fcresel geli\u015fmelerin enflasyonu yukar\u0131 itebilece\u011fine dair RBA uyar\u0131lar\u0131yla \u00f6rt\u00fc\u015f\u00fcyor. Bu nedenle yakla\u015fan \u00fc\u00e7 ayl\u0131k enflasyon raporu k\u0131sa vadede en kritik veri olarak g\u00f6r\u00fcl\u00fcyor.\n\nBu g\u00f6r\u00fcn\u00fcm nedeniyle piyasalar RBA\u2019n\u0131n faiz indirimlerini y\u0131l\u0131n sonuna do\u011fru \u00f6teledi. T\u00fcrev \u00fcr\u00fcn (vadeli, opsiyon gibi; fiyat\u0131 ba\u015fka bir varl\u0131\u011fa ba\u011fl\u0131 finansal ara\u00e7) i\u015flemi yapanlar\u0131n 29 Nisan\u2019daki 1. \u00e7eyrek T\u00dcFE verisine yakla\u015f\u0131rken oynakl\u0131\u011f\u0131n (volatilite; fiyat dalgalanmas\u0131) artmas\u0131na haz\u0131rl\u0131kl\u0131 olmas\u0131 bekleniyor. 5 May\u0131s\u2019taki RBA karar\u0131 ise b\u00fcy\u00fck \u00f6l\u00e7\u00fcde enflasyon verisinin belirgin bir so\u011fuma g\u00f6sterip g\u00f6stermeyece\u011fine ba\u011fl\u0131 olacak.\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>AUD\/USD 0,6900\u20130,7200 band\u0131n\u0131n dibini zorluyor: \u015eubat T\u00dcFE s\u00fcrprizi s\u0131n\u0131rl\u0131 a\u015fa\u011f\u0131, fakat enerji ge\u00e7i\u015fkenli\u011fiyle yeniden h\u0131zlanma riski g\u00fcndemde. Piyasa 5 May\u0131s\u2019ta 25 bp art\u0131\u015f\u0131 %65 fiyatl\u0131yor; 29 Nisan verisi kritik.<\/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-31155","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\/31155","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=31155"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/31155\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=31155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=31155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=31155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}