IMF, Sal\u0131 g\u00fcn\u00fc D\u00fcnya Ekonomik G\u00f6r\u00fcn\u00fcm\u00fc raporunu yay\u0131mlayacak. Raporda k\u00fcresel b\u00fcy\u00fcme tahminlerinin a\u015fa\u011f\u0131 \u00e7ekilmesi bekleniyor. IMF Ba\u015fkan\u0131 Kristalina Georgieva, enerji \u015fokunun (enerji fiyatlar\u0131ndaki sert art\u0131\u015f\u0131n) h\u0131zla normale d\u00f6nmesi gibi en iyimser senaryoda bile k\u00fcresel b\u00fcy\u00fcmenin d\u00fc\u015f\u00fcr\u00fclece\u011fini s\u00f6yledi.<\/p>\n
Georgieva, artan kamu borcu ve y\u00fckselen faiz \u00f6demelerine ba\u011fl\u0131 \u201cs\u0131n\u0131rl\u0131 mali alan\u201da da dikkat \u00e7ekti. Mali alan, devletin harcama yapma veya destek paketleri a\u00e7\u0131klama kapasitesidir. Bu ifade, bor\u00e7lanma maliyetleri y\u00fckseldik\u00e7e kamu maliyesi (devletin gelir-gider dengesi) \u00fczerindeki bask\u0131n\u0131n artaca\u011f\u0131na i\u015faret ediyor.<\/p>\n
IMF ayr\u0131ca Sal\u0131 g\u00fcn\u00fc K\u00fcresel Finansal \u0130stikrar Raporu\u2019nu (finansal sistemdeki riskleri inceleyen rapor) ve \u00c7ar\u015famba g\u00fcn\u00fc Mali \u0130zleme (Fiscal Monitor) raporunu yay\u0131mlayacak. Bu raporlar\u0131n, devlet borcunun s\u00fcrd\u00fcr\u00fclebilirli\u011fini (borcun \u00e7evrilebilir olup olmad\u0131\u011f\u0131n\u0131) de\u011ferlendirmesi bekleniyor.<\/p>\n
Tan\u0131mlanan risk \u015fu: Enerji \u015foku, artan bor\u00e7lanma maliyetleriyle zaten zorlanan kamu maliyesi birle\u015fince \u201cmali \u015fok\u201da d\u00f6n\u00fc\u015febilir. Bir di\u011fer unsur da devlet tahvillerinin (h\u00fck\u00fcmetlerin bor\u00e7lanma senetlerinin) giderek daha fazla \u201cfiyat hassas\u201d hedge fonlar\u0131n elinde bulunmas\u0131. Hedge fon, fiyat hareketlerinden k\u0131sa vadeli kazan\u00e7 arayan b\u00fcy\u00fck yat\u0131r\u0131m fonudur; fiyat hassasiyet ise faiz\/yield (getiri oran\u0131) de\u011fi\u015fti\u011finde h\u0131zl\u0131 al\u0131m-sat\u0131m yap\u0131labilmesi anlam\u0131na gelir.<\/p>\n
Bu hafta yay\u0131mlanacak IMF raporlar\u0131n\u0131n, k\u00fcresel ekonomi i\u00e7in daha zay\u0131f bir g\u00f6r\u00fcn\u00fcme i\u015faret etmesi bekleniyor. B\u00fcy\u00fcme tahminlerinde resmi indirimler \u00f6ne \u00e7\u0131karken, b\u00fcy\u00fcyen devlet borcu ve artan faiz \u00f6demeleri sorunu da yak\u0131ndan izlenecek. Bu tablo, \u00f6n\u00fcm\u00fczdeki haftalarda daha temkinli bir piyasa havas\u0131 yaratabilir.<\/p>\n
Canl\u0131 VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturun<\/a>\u00a0ve\u00a0hemen i\u015flem yapmaya ba\u015flay\u0131n<\/a>. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" Piyasalar dikkat: IMF Sal\u0131 WEO raporunda k\u00fcresel b\u00fcy\u00fcme tahminlerini d\u00fc\u015f\u00fcrmeye haz\u0131rlan\u0131yor. Georgieva enerji \u015foku s\u00f6nse de a\u015fa\u011f\u0131 revizyon mesaj\u0131 verdi; bor\u00e7-faiz y\u00fck\u00fc mali alan\u0131 daralt\u0131yor.<\/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-44487","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\/44487","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=44487"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44487\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}