Finansal piyasalar Cuma g\u00fcn\u00fc temkinli. Yat\u0131r\u0131mc\u0131lar, ABD-\u0130ran g\u00f6r\u00fc\u015fmelerinin bir sonraki turuna ili\u015fkin netlik beklerken risk almaktan ka\u00e7\u0131n\u0131yor. \u00dcst d\u00fczey ekonomik veri ak\u0131\u015f\u0131 olmad\u0131\u011f\u0131 i\u00e7in odak, jeopolitik geli\u015fmeler ve merkez bankas\u0131 yetkililerinin a\u00e7\u0131klamalar\u0131nda.<\/p>\n
ABD Ba\u015fkan\u0131 Donald Trump, Per\u015fembe g\u00fcn\u00fc \u0130srail ile L\u00fcbnan\u2019\u0131n 10 g\u00fcnl\u00fck ate\u015fkes \u00fczerinde anla\u015ft\u0131\u011f\u0131n\u0131 s\u00f6yledi. \u0130srail Ba\u015fbakan\u0131 Binyamin Netanyahu ise daha sonra \u0130srail\u2019in G\u00fcney L\u00fcbnan\u2019dan \u00e7ekilmeyi kabul etmedi\u011fini belirtti. \u0130srail ordusu da birliklerin 10 km derinli\u011finde bir \u201cg\u00fcvenlik b\u00f6lgesinde\u201d (asker\u00ee tampon hat) kalaca\u011f\u0131n\u0131 a\u00e7\u0131klad\u0131 ve b\u00f6lge sakinlerini geri d\u00f6nmemeleri konusunda uyard\u0131.<\/p>\n
NBC News\u2019e g\u00f6re \u00fcst d\u00fczey bir \u0130ranl\u0131 yetkili, kal\u0131c\u0131 bir ate\u015fkesin \u0130ran\u2019\u0131n ko\u015fullar\u0131na ve \u201cdireni\u015fin\u201d (\u0130ran\u2019a yak\u0131n silahl\u0131 gruplar) \u015fartlar\u0131na uyulmas\u0131na ba\u011fl\u0131 olaca\u011f\u0131n\u0131 s\u00f6yledi. \u0130ngiltere ve Fransa, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019nda seyr\u00fcsefer \u00f6zg\u00fcrl\u00fc\u011f\u00fc (gemilerin g\u00fcvenli ge\u00e7i\u015fi) konulu bir toplant\u0131ya yakla\u015f\u0131k 40 \u00fclkeden temsilcilerle ba\u015fkanl\u0131k edecek. Ayr\u0131ca ABD-\u0130ran g\u00f6r\u00fc\u015fmelerinin ikinci turunun bu hafta sonu yap\u0131labilece\u011fine dair haberler var.<\/p>\n
ABD Dolar Endeksi (DXY: dolar\u0131n ba\u015fl\u0131ca para birimleri kar\u015f\u0131s\u0131ndaki g\u00fcc\u00fcn\u00fc g\u00f6steren g\u00f6sterge) Per\u015fembe g\u00fcnk\u00fc s\u0131n\u0131rl\u0131 y\u00fckseli\u015fin ard\u0131ndan Avrupa sabah\u0131nda 98,00 seviyesinin \u00fczerinde yatay. ABD borsa endeksi vadeli i\u015flemleri (futures: belirli tarihte belirli fiyattan al\u0131m-sat\u0131m s\u00f6zle\u015fmesi) ise kar\u0131\u015f\u0131k seyrediyor. EUR\/USD, %0,15 d\u00fc\u015f\u00fc\u015f sonras\u0131 1,1780 civar\u0131nda. Eurostat\u2019\u0131n \u015eubat ay\u0131 d\u0131\u015f ticaret dengesi (ihracat-ithalat fark\u0131) verisini a\u00e7\u0131klamas\u0131 bekleniyor.<\/p>\n
GBP\/USD Per\u015fembe g\u00fcn\u00fc %0,25 geriledi ve 1,3500 seviyesinin hafif \u00fczerinde. USD\/JPY Per\u015fembe g\u00fcn\u00fc 158,30\u2019un alt\u0131na inerek haftal\u0131k dip g\u00f6rd\u00fc, ard\u0131ndan g\u00fcn\u00fc s\u0131n\u0131rl\u0131 art\u0131da kapatt\u0131 ve 159,00\u2019un \u00fczerinde. Alt\u0131n ise kayda de\u011fer de\u011fi\u015fim g\u00f6stermeden 4.800 dolar civar\u0131nda.<\/p>\n
2025\u2019te H\u00fcrm\u00fcz Bo\u011faz\u0131 izleniyordu; buras\u0131 k\u00fcresel enerji ta\u015f\u0131mac\u0131l\u0131\u011f\u0131nda kritik bir \u201cdar bo\u011faz\u201d (arz ak\u0131\u015f\u0131n\u0131 h\u0131zl\u0131 etkileyen ge\u00e7i\u015f noktas\u0131). Gerilim azald\u0131 ve Brent petrol (k\u00fcresel petrol fiyat\u0131 i\u00e7in referans t\u00fcr) varil ba\u015f\u0131na 85-90 dolar band\u0131nda dengelendi. Ancak yeni bir t\u0131rman\u0131\u015f h\u0131zl\u0131 fiyat s\u0131\u00e7ramas\u0131 yaratabilir. Bu nedenle petrol vadeli i\u015flemlerinde (futures) \u201ccall spread\u201d (iki farkl\u0131 fiyat seviyesinde al\u0131m opsiyonu al\u0131p satarak maliyeti azaltan strateji) yukar\u0131 y\u00f6nl\u00fc riske daha d\u00fc\u015f\u00fck maliyetle pozisyon almak i\u00e7in kullan\u0131labilir.<\/p>\n
ABD Dolar Endeksi o d\u00f6nemde 98\u2019in \u00fczerinde g\u00fc\u00e7l\u00fcyd\u00fc ve \u201cg\u00fcvenli liman\u201d (kriz d\u00f6nemlerinde talep g\u00f6ren varl\u0131k) i\u015flevi g\u00f6r\u00fcyordu. Dolar\u0131n a\u011f\u0131rl\u0131\u011f\u0131 artt\u0131; DXY, 2026\u2019n\u0131n ilk \u00e7eyre\u011findeki kal\u0131c\u0131 enflasyon verileriyle 106\u2019n\u0131n \u00fczerine \u00e7\u0131kt\u0131. Bu e\u011filim, \u201cg\u00fcvercin\u201d (faiz art\u0131rmaya isteksiz, daha gev\u015fek para politikas\u0131 e\u011filimli) merkez bankalar\u0131na sahip para birimlerine kar\u015f\u0131 dolar al\u0131m y\u00f6nl\u00fc pozisyonlar\u0131n (long: y\u00fckseli\u015f beklentisiyle alma) h\u00e2l\u00e2 ge\u00e7erli olabilece\u011fine i\u015faret ediyor.<\/p>\n
Alt\u0131n, belirsizlik d\u00f6nemlerinde de\u011fer saklama arac\u0131 olmay\u0131 g\u00f6sterdi. Daha sonra gerilese de, Nisan 2026\u2019da ons ba\u015f\u0131na 2.400 dolar\u0131n \u00fczerinde yeni rekorlar g\u00f6rd\u00fc. Bu y\u00fckseli\u015fte daha \u00e7ok merkez bankas\u0131 al\u0131mlar\u0131 ve enflasyona kar\u015f\u0131 korunma (inflation hedge: sat\u0131n alma g\u00fcc\u00fc kayb\u0131na kar\u015f\u0131 de\u011fer koruma) etkili oldu; yani alt\u0131n\u0131 destekleyen nedenler de\u011fi\u015fti.<\/p>\n
2025\u2019te Japon Yeni \u00fczerindeki bask\u0131, USD\/JPY\u2019nin 159\u2019un \u00fczerinde olmas\u0131yla \u00f6ne \u00e7\u0131km\u0131\u015ft\u0131. Bug\u00fcn de benzer bir tablo var; parite 155 seviyesini test ediyor. Japonya Merkez Bankas\u0131\u2019n\u0131n (BoJ) do\u011frudan m\u00fcdahale (kur piyasas\u0131na al\u0131m-sat\u0131mla girerek h\u0131zl\u0131 y\u00f6n de\u011fi\u015ftirme) riski art\u0131k \u00e7ok y\u00fcksek. Bu nedenle yat\u0131r\u0131mc\u0131lar uzun pozisyonlarda temkinli olmal\u0131 ve USD\/JPY \u00fczerinde \u201cput\u201d (sat\u0131m opsiyonu: fiyat d\u00fc\u015f\u00fc\u015f\u00fcne kar\u015f\u0131 koruma) kullanarak sert ve ani geri d\u00f6n\u00fc\u015fe kar\u015f\u0131 kendini koruyabilir.<\/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 Cuma temkinli: ABD-\u0130ran g\u00f6r\u00fc\u015fmeleri ve \u0130srail-L\u00fcbnan ate\u015fkesi belirsizli\u011fi risk i\u015ftah\u0131n\u0131 bask\u0131l\u0131yor. DXY 98 \u00fcst\u00fcnde yatay, pariteler dalgal\u0131. Petrol\/JPY\u2019de opsiyonla hedge \u00f6ne \u00e7\u0131k\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-44879","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\/44879","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=44879"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/44879\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=44879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=44879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=44879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}