{"id":44411,"date":"2026-04-13T02:24:22","date_gmt":"2026-04-13T02:24:22","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/japonyanin-m2cd-para-arzi-buyumesi-hizlandi-yillik-bazda-marttaki-17den-2ye-yukseldi\/"},"modified":"2026-04-13T02:24:22","modified_gmt":"2026-04-13T02:24:22","slug":"japonyanin-m2cd-para-arzi-buyumesi-hizlandi-yillik-bazda-marttaki-17den-2ye-yukseldi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/japonyanin-m2cd-para-arzi-buyumesi-hizlandi-yillik-bazda-marttaki-17den-2ye-yukseldi\/","title":{"rendered":"Japonya\u2019n\u0131n M2+CD para arz\u0131 b\u00fcy\u00fcmesi h\u0131zland\u0131; y\u0131ll\u0131k bazda Mart\u2019taki %1,7\u2019den %2\u2019ye y\u00fckseldi."},"content":{"rendered":"

Japonya\u2019n\u0131n M2+CD para arz\u0131 mart ay\u0131nda y\u0131ll\u0131k bazda %2 artt\u0131. Bu oran \u00f6nceki ay %1,7 idi.<\/p>\n

Martta para arz\u0131 art\u0131\u015f\u0131n\u0131n %2\u2019ye \u00e7\u0131kmas\u0131, Japonya ekonomisinde likiditenin (piyasada dola\u015fan para miktar\u0131 ve paraya eri\u015fimin) artt\u0131\u011f\u0131n\u0131 g\u00f6steriyor. \u015eubat\u2019taki %1,7\u2019ye g\u00f6re h\u0131zlanma var. Bu da Japonya Merkez Bankas\u0131\u2019n\u0131n (BoJ) destekleyici\/d\u00fc\u015f\u00fck faizli para politikas\u0131n\u0131 s\u00fcrd\u00fcrd\u00fc\u011f\u00fcne i\u015faret ediyor. B\u00f6yle bir ortam genelde Japon Yeni \u00fczerinde de\u011fer kayb\u0131 bask\u0131s\u0131 yarat\u0131r. Bu nedenle \u00f6n\u00fcm\u00fczdeki haftalarda yenin zay\u0131flamas\u0131na y\u00f6nelik pozisyonlar (yenin d\u00fc\u015f\u00fc\u015f\u00fcnden kazan\u00e7 hedefleyen i\u015flemler) g\u00fcndeme gelebilir.<\/p>\n

Artan Likidite ve Yen \u00dczerindeki Etkiler<\/h3>\n

Bu g\u00f6r\u00fcn\u00fcm, ge\u00e7en hafta a\u00e7\u0131klanan di\u011fer verilerle de uyumlu. Mart ay\u0131 \u201c\u00e7ekirdek T\u00dcFE\u201d (Core CPI: enerji ve g\u0131da gibi fiyat\u0131 oynak kalemlerin \u00e7\u0131kar\u0131ld\u0131\u011f\u0131 enflasyon g\u00f6stergesi) %1,9\u2019da kald\u0131 ve merkez bankas\u0131n\u0131n kal\u0131c\u0131 hedefinin alt\u0131nda. BoJ Ba\u015fkan\u0131 Ueda\u2019n\u0131n a\u00e7\u0131klamalar\u0131 da daha \u201cg\u00fcvercin\u201d (daha gev\u015fek politika, faiz art\u0131r\u0131m\u0131na mesafeli) duru\u015fu destekledi; \u00f6nemli bir politika de\u011fi\u015fikli\u011fi i\u00e7in acele edilmeyece\u011fini vurgulad\u0131. Bu tablo, BoJ\u2019un yak\u0131n zamanda daha s\u0131k\u0131 (faiz art\u0131\u015f\u0131 veya likiditeyi azalt\u0131c\u0131) ad\u0131mlarla yeni desteklemesinin olas\u0131 olmad\u0131\u011f\u0131n\u0131 g\u00f6steriyor.<\/p>\n

Hisse senedi taraf\u0131nda, artan likidite Japon hisseleri i\u00e7in destekleyici olabilir. 2025 boyunca s\u0131k\u0131la\u015fma beklentileri (faiz art\u0131\u015f\u0131 ihtimali) Nikkei 225 \u00fczerinde dalgalanma yaratm\u0131\u015ft\u0131; bu veri piyasadaki endi\u015feleri azaltabilir. Bu ortamdan yararlanmak i\u00e7in Nikkei 225 endeksi \u00fczerinde al\u0131m opsiyonlar\u0131 (call option: belirli bir fiyattan alma hakk\u0131 veren, y\u00fckseli\u015f beklentisiyle kullan\u0131lan t\u00fcrev \u00fcr\u00fcn) de\u011ferlendirilebilir.<\/p>\n

ABD ile kar\u015f\u0131la\u015ft\u0131r\u0131ld\u0131\u011f\u0131nda politika ayr\u0131\u015fmas\u0131 daha belirgin hale geliyor. ABD\u2019de ge\u00e7en haftaki istihdam art\u0131\u015f\u0131 verileri ekonominin g\u00fc\u00e7l\u00fc kald\u0131\u011f\u0131na i\u015faret etti. Bu durum, USD\/JPY gibi paritelerde \u201cuzun pozisyon\u201d (fiyat\u0131n y\u00fckseli\u015finden kazan\u00e7 hedefleyen i\u015flem) tezini g\u00fc\u00e7lendiriyor; \u00e7\u00fcnk\u00fc \u201cfaiz fark\u0131n\u0131n\u201d (iki \u00fclkenin faizleri aras\u0131ndaki fark) a\u00e7\u0131lmas\u0131 olas\u0131. 2022-2023 d\u00f6neminde paritede g\u00f6r\u00fclen g\u00fc\u00e7l\u00fc y\u00fckseli\u015f, bu i\u015flemlerin ne kadar etkili olabildi\u011fine dair net bir \u00f6rnek.<\/p>\n

Politika Ayr\u0131\u015fmas\u0131 ve \u0130\u015flem Konumlanmas\u0131<\/h3>\n","protected":false},"excerpt":{"rendered":"

Japonya\u2019da M2+CD b\u00fcy\u00fcmesi martta %2\u2019ye h\u0131zland\u0131: likidite artarken BoJ g\u00fcvercin kal\u0131yor. Bu tablo yen \u00fczerinde bask\u0131, USD\/JPY\u2019de uzun; Nikkei 225\u2019te y\u00fckseli\u015f i\u00e7in f\u0131rsat sinyali.<\/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-44411","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\/44411","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=44411"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44411\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}