{"id":45506,"date":"2026-04-27T05:21:00","date_gmt":"2026-04-27T05:21:00","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/onumuzdeki-hafta-fed-baskisi-artiyor\/"},"modified":"2026-04-27T05:21:00","modified_gmt":"2026-04-27T05:21:00","slug":"onumuzdeki-hafta-fed-baskisi-artiyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/featured\/onumuzdeki-hafta-fed-baskisi-artiyor\/","title":{"rendered":"\u00d6n\u00fcm\u00fczdeki Hafta: Fed Bask\u0131s\u0131 Art\u0131yor"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/tr-mena\/wp-content\/uploads\/sites\/9\/2026\/05\/WMO18_2-1024x573.webp\" alt=\"\" class=\"wp-image-48716\"\/><\/figure>\n\n\n\n<p><strong>\u00d6ne \u00c7\u0131kanlar<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Alt\u0131n dar bantta<\/strong>: XAUUSD yat\u0131r\u0131mc\u0131lar\u0131 ABD \u00c7ekirdek PCE ve GSYH (GDP) verilerini bekliyor.<\/li>\n\n\n\n<li><strong>Fed y\u00f6neti\u015fimi riski yeniden g\u00fcndemde<\/strong>: Kevin Warsh\u2019\u0131n para politikas\u0131 g\u00f6r\u00fc\u015fleri faiz indirimi beklentilerini etkiliyor.<\/li>\n\n\n\n<li><strong>USDX kilit belirleyici<\/strong>: Dolar Endeksi (USDX), alt\u0131n, Bitcoin ve ABD hisse senedi alg\u0131s\u0131n\u0131 y\u00f6nlendiriyor.<\/li>\n\n\n\n<li><strong>SP500 zirveye yak\u0131n<\/strong>, ancak kal\u0131c\u0131 enflasyon ve g\u00fc\u00e7l\u00fc petrol y\u00fckseli\u015fi s\u0131n\u0131rlayabilir.<\/li>\n\n\n\n<li><strong>BTCUSD 80.000\u2019i hedefliyor<\/strong>: Bu hareketin s\u00fcrmesi i\u00e7in enflasyonun daha \u0131l\u0131ml\u0131 gelmesi ve piyasan\u0131n \u201clikidite\u201d (piyasaya para giri\u015fi\/kolay finansman) beklentisini korumas\u0131 gerekiyor.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<p>Piyasalar yeni haftaya ABD Merkez Bankas\u0131 (Fed) oda\u011f\u0131nda giriyor. Kevin Warsh\u2019\u0131n onay oturumu, tart\u0131\u015fmay\u0131 yaln\u0131zca \u201cfaiz indirimi olacak m\u0131\u201d sorusundan \u00e7\u0131kar\u0131p Fed\u2019in ba\u011f\u0131ms\u0131zl\u0131\u011f\u0131, enflasyonla m\u00fccadelede g\u00fcven ve bundan sonraki politika \u00e7er\u00e7evesine ta\u015f\u0131d\u0131.<\/p>\n\n\n\n<p>Warsh, yapay zek\u00e2 kaynakl\u0131 verimlilik art\u0131\u015flar\u0131n\u0131n (ayn\u0131 kaynakla daha fazla \u00fcretim) Fed\u2019e faiz indirmek i\u00e7in alan a\u00e7abilece\u011fini savunuyor. Ancak bu, onun her ko\u015fulda \u201cg\u00fcvercin\u201d (faiz indirimine daha yak\u0131n) oldu\u011fu anlam\u0131na gelmiyor.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\ud83c\udf99\ufe0f Inflation is flaring, hiring is slowing \u2014 and the Fed is split. What will happen if Kevin Warsh takes over as Fed chair? Find out on this week&#39;s Econ World podcast <a href=\"https:\/\/t.co\/aKXpltwx6j\">https:\/\/t.co\/aKXpltwx6j<\/a> <a href=\"https:\/\/t.co\/2ijV3MW6Rj\">pic.twitter.com\/2ijV3MW6Rj<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/2048467438195380730?ref_src=twsrc%5Etfw\">April 26, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Daha geni\u015f politika yakla\u015f\u0131m\u0131; daha kat\u0131 bir %2 enflasyon hedefi, niceliksel gev\u015femeye (tahvil al\u0131m\u0131yla piyasaya para verme) daha az ba\u015fvurma, zaman i\u00e7inde daha k\u00fc\u00e7\u00fck bilan\u00e7o (Fed\u2019in elindeki varl\u0131klar\u0131n toplam\u0131) ve ileriye d\u00f6n\u00fck y\u00f6nlendirmeye (Fed\u2019in gelecekte ne yapaca\u011f\u0131n\u0131 \u00f6nceden i\u015faret etmesi) daha az ba\u011f\u0131ml\u0131l\u0131k anlam\u0131na geliyor.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">US equity-index futures dropped and the dollar climbed after a breakdown in momentum toward a more peace talks between the US and Iran <a href=\"https:\/\/t.co\/zmaUASuUkd\">https:\/\/t.co\/zmaUASuUkd<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/2048534671948910748?ref_src=twsrc%5Etfw\">April 26, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Bu tablo, Fed hik\u00e2yesini karma\u015f\u0131kla\u015ft\u0131r\u0131yor. Faiz indirimleri h\u00e2l\u00e2 m\u00fcmk\u00fcn; ancak enflasyon y\u00fcksek kal\u0131r ve FOMC (Fed\u2019in faiz karar\u0131n\u0131 veren kurul) \u00fcyeleri temkinli durursa, agresif gev\u015feme beklentisi (h\u0131zl\u0131 ve g\u00fc\u00e7l\u00fc faiz indirimleri) fiyatlanmas\u0131 zorla\u015fabilir. Bu nedenle USDX, XAUUSD, SP500 ve BTCUSD i\u00e7in her enflasyon ve b\u00fcy\u00fcme verisi normalden daha hassas izlenecek.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u00c7ekirdek PCE, Alt\u0131n ve Dolar \u0130\u00e7in Haftan\u0131n Ana S\u0131nav\u0131<\/h2>\n\n\n\n<p><strong>\u00c7ekirdek PCE Fiyat Endeksi<\/strong> bu hafta XAUUSD i\u00e7in ana veri. (\u00c7ekirdek PCE, g\u0131da ve enerji gibi oynak kalemler hari\u00e7 enflasyonu \u00f6l\u00e7er; Fed\u2019in en \u00e7ok izledi\u011fi enflasyon g\u00f6stergelerinden biridir.) Mart verisinin <strong>ayl\u0131k %0,3<\/strong> gelmesi bekleniyor; \u00f6nceki de\u011fer <strong>%0,4<\/strong> idi. Daha d\u00fc\u015f\u00fck bir sonu\u00e7, y\u0131l\u0131n ilerleyen d\u00f6neminde faiz indirimi beklentisini g\u00fc\u00e7lendirebilir. Daha y\u00fcksek bir sonu\u00e7 ise dolar\u0131 destekleyip alt\u0131n\u0131n yukar\u0131 y\u00f6n\u00fcn\u00fc zorla\u015ft\u0131rabilir.<\/p>\n\n\n\n<p>Son \u00e7ekirdek PCE verisi, ayl\u0131k enflasyonun <strong>%0,4<\/strong> ile y\u00fcksek seyretti\u011fini; y\u0131ll\u0131k \u00e7ekirdek oran\u0131n da <strong>%3,0<\/strong> civar\u0131nda kald\u0131\u011f\u0131n\u0131 g\u00f6stermi\u015fti. Bu oran Fed\u2019in %2 hedefinin \u00fczerinde oldu\u011fu i\u00e7in, k\u00fc\u00e7\u00fck sapmalar bile piyasa tepkisini b\u00fcy\u00fctebilir.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">US equity-index futures dropped and the dollar climbed after a breakdown in momentum toward a more peace talks between the US and Iran <a href=\"https:\/\/t.co\/zmaUASuUkd\">https:\/\/t.co\/zmaUASuUkd<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/2048534671948910748?ref_src=twsrc%5Etfw\">April 26, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>XAUUSD taraf\u0131nda tablo net: Daha d\u00fc\u015f\u00fck enflasyon, reel getiri bask\u0131s\u0131n\u0131 (enflasyon d\u00fc\u015f\u00fcld\u00fckten sonra kalan faiz getirisi) azaltabilir ve band\u0131n alt k\u0131sm\u0131nda al\u0131mlar\u0131 canl\u0131 tutabilir. Daha y\u00fcksek enflasyon ise USDX i\u00e7in yeni destek sa\u011flay\u0131p alt\u0131ndaki destek seviyelerinin yeniden test edilmesine yol a\u00e7abilir.<\/p>\n\n\n\n<p>Bu veri SP500 ve BTCUSD i\u00e7in de kritik. Riskli varl\u0131klar\u0131n ihtiyac\u0131 zay\u0131f veri de\u011fil; enflasyonun, faiz indirimi umudunu koruyacak kadar yava\u015flamas\u0131 ve ayn\u0131 anda \u201csert yava\u015flama\u201d sinyali vermemesi.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">ABD GSYH Verisi \u201cYumu\u015fak \u0130ni\u015f\u201d Fiyatlamas\u0131n\u0131 Belirleyecek<\/h2>\n\n\n\n<p>ABD \u201c\u00f6nc\u00fc\u201d GSYH (Advance GDP: ilk a\u00e7\u0131klanan, daha sonra revize edilebilen \u00f6n tahmin) ikinci b\u00fcy\u00fck kontrol noktas\u0131. <a href=\"https:\/\/tradingeconomics.com\/united-states\/gdp-growth\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">1\u00c7 verisi<\/a> i\u00e7in beklenti <strong>%2,2<\/strong>; \u00f6nceki d\u00f6nem <strong>%0,5<\/strong> idi. Bir \u00f6nceki 4\u00c7 b\u00fcy\u00fcmesi zaten a\u015fa\u011f\u0131 revize edilmi\u015fti; \u201creel GSYH\u201d (enflasyondan ar\u0131nd\u0131r\u0131lm\u0131\u015f b\u00fcy\u00fcme) 3\u00c7\u2019deki <strong>%4,4<\/strong> h\u0131zdan belirgin \u015fekilde yava\u015flam\u0131\u015ft\u0131.<\/p>\n\n\n\n<p>GSYH g\u00fc\u00e7l\u00fc gelirken enflasyon da so\u011fursa, bu kombinasyon hisseleri destekleyebilir ve \u201cyumu\u015fak ini\u015f\u201d (enflasyonu d\u00fc\u015f\u00fcr\u00fcrken ekonomiyi resesyona sokmadan yava\u015flatma) senaryosunu canl\u0131 tutar. Risk, g\u00fc\u00e7l\u00fc b\u00fcy\u00fcmenin kal\u0131c\u0131 enflasyonla birlikte gelmesi. Bu durumda Fed\u2019in faiz indirme ihtiyac\u0131 azal\u0131r, USDX g\u00fc\u00e7lenebilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Petrol, Enflasyon Bask\u0131s\u0131n\u0131 G\u00fcndemde Tutuyor<\/h2>\n\n\n\n<p>Petrol piyasada temel bask\u0131 noktas\u0131 olmaya devam ediyor. ABD-\u0130ran bar\u0131\u015f g\u00f6r\u00fc\u015fmeleri sonu\u00e7suz kal\u0131rken, H\u00fcrm\u00fcz Bo\u011faz\u0131 \u00e7evresindeki arz endi\u015feleri (petrol\u00fcn ge\u00e7i\u015f g\u00fczerg\u00e2h\u0131nda risk) fiyatlar\u0131 destekliyor. Brent <strong>107,49 dolar<\/strong> civar\u0131nda, WTI ise <strong>96,17 dolar<\/strong> seviyelerinde i\u015flem g\u00f6rd\u00fc; iki g\u00f6sterge de g\u00fc\u00e7l\u00fc haftal\u0131k y\u00fckseli\u015flerin ard\u0131ndan dengeleniyor.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Traffic through the Strait of Hormuz has remained at a near-complete halt, with neither Iran nor the US showing any sign of easing their blockades <a href=\"https:\/\/t.co\/oUcWHYJqpr\">https:\/\/t.co\/oUcWHYJqpr<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/2048359031874429308?ref_src=twsrc%5Etfw\">April 26, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Bu durum, ABD verileri gelmeden bile enflasyon riskini canl\u0131 tutuyor. Petrol\u00fcn y\u00fckselmesi man\u015fet enflasyonu (genel enflasyon) yukar\u0131 \u00e7ekebilir, t\u00fcketici harcamalar\u0131n\u0131 s\u0131k\u0131\u015ft\u0131rabilir ve Fed\u2019in i\u015fini zorla\u015ft\u0131rabilir. Bu zemin, \u201cg\u00fcvenli liman\u201d aray\u0131\u015f\u0131yla (defansif para ak\u0131m\u0131) USDX\u2019i destekleyebilir; ayn\u0131 zamanda politika belirsizli\u011fi ve jeopolitik risklere kar\u015f\u0131 korunma amac\u0131yla alt\u0131n talebini art\u0131rabilir.<\/p>\n\n\n\n<p>Hisse senetlerinde denge daha zor. B\u00fcy\u00fcme g\u00fc\u00e7l\u00fc kal\u0131r ve k\u00e2r beklentileri bozulmazsa SP500 dayanabilir; ancak y\u00fcksek petrol fiyat\u0131 \u015firket k\u00e2rl\u0131l\u0131klar\u0131n\u0131 (marjlar\u0131) ve enflasyon beklentilerini <a href=\"https:\/\/t.co\/wHUzgHnaRN\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">bask\u0131layabilir<\/a>. Ham petrol y\u00fckselmeyi s\u00fcrd\u00fcr\u00fcrse, veri deste\u011fi olmadan yeni zirvelerin kovalanmas\u0131 zorla\u015fabilir.<\/p>\n\n\n\n<p>Benzer mant\u0131k BTCUSD i\u00e7in de ge\u00e7erli. Kripto, likidite beklentisi korunursa y\u00fckselebilir; ancak enerji fiyatlar\u0131n\u0131n artmas\u0131 ve dolar\u0131n g\u00fc\u00e7lenmesi ivmeyi h\u0131zl\u0131 s\u00f6nd\u00fcrebilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Risk \u0130\u015ftah\u0131n\u0131n S\u00fcrmesi \u0130\u00e7in Daha Zay\u0131f Dolar Gerekebilir<\/h2>\n\n\n\n<p>Haftan\u0131n ana sorusu, dolar\u0131n riskli varl\u0131klara alan a\u00e7\u0131p a\u00e7mayaca\u011f\u0131. SP500 ve BTCUSD, Fed\u2019in y\u0131l i\u00e7inde faiz indirebilece\u011fi fikrinden destek buldu. XAUUSD ise enflasyon, jeopolitik risk ve politika belirsizli\u011fine kar\u015f\u0131 korunma arac\u0131 olarak destek seviyelerini korudu.<\/p>\n\n\n\n<p>S\u0131radaki hareket, verilerle teyide ba\u011fl\u0131. Daha d\u00fc\u015f\u00fck \u00e7ekirdek PCE, dengeli GSYH ve gev\u015feyen petrol; alt\u0131n, hisse senetleri ve Bitcoin i\u00e7in daha olumlu bir tablo yarat\u0131r. Y\u00fcksek enflasyon, g\u00fc\u00e7l\u00fc b\u00fcy\u00fcme ve artan petrol ise daha g\u00fc\u00e7l\u00fc dolar ve daha temkinli pozisyonlanmaya i\u015faret eder.<\/p>\n\n\n\n<p>\u015eimdilik piyasa d\u00fc\u015f\u00fc\u015ften \u00e7ok temkinli. Y\u00fckseli\u015fe al\u0131m i\u015ftah\u0131 var; ancak veri riskini g\u00f6rmezden gelme iste\u011fi azald\u0131.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Takip Edilecek Semboller<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>XAUUSD<\/strong><\/li>\n\n\n\n<li><strong>USDX<\/strong> (Dolar Endeksi)<\/li>\n\n\n\n<li><strong>SP500<\/strong> (S&#038;P 500 endeksi)<\/li>\n\n\n\n<li><strong>BTCUSD<\/strong><\/li>\n\n\n\n<li><strong>USOil<\/strong> (ABD ham petrol\u00fc\/WTI)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Haftan\u0131n \u00d6nemli G\u00fcndemi<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Tarih<\/strong><\/td><td><strong>Para Birimi<\/strong><\/td><td><strong>Veri \/ Olay<\/strong><\/td><td><strong>Beklenti<\/strong><\/td><td><strong>\u00d6nceki<\/strong><\/td><td><strong>Analist Notu<\/strong><\/td><\/tr><tr><td>Sal, 28 Nis<\/td><td>JPY<\/td><td>BOJ Politika Faizi<\/td><td>0,75%<\/td><td>0,75%<\/td><td>\u0130leriye d\u00f6n\u00fck mesajlar (forward guidance: gelece\u011fe dair y\u00f6nlendirme) USDJPY\u2019yi 160 b\u00f6lgesine ta\u015f\u0131yabilir.<\/td><\/tr><tr><td>\u00c7ar, 29 Nis<\/td><td>AUD<\/td><td>T\u00dcFE y\u0131ll\u0131k (CPI y\/y: t\u00fcketici enflasyonu)<\/td><td>4,80%<\/td><td>3,70%<\/td><td>Daha y\u00fcksek veri, RBA \u00fczerinde \u201cs\u0131k\u0131la\u015ft\u0131rma\u201d (faiz art\u0131r\u0131m\u0131\/sert duru\u015f) bask\u0131s\u0131n\u0131 yeniden art\u0131rabilir.<\/td><\/tr><tr><td>Per, 30 Nis<\/td><td>USD<\/td><td>\u00d6nc\u00fc GSYH<\/td><td>2,20%<\/td><td>0,50%<\/td><td>G\u00fc\u00e7l\u00fc b\u00fcy\u00fcme, Fed faiz indirimi fiyatlamas\u0131n\u0131 s\u0131n\u0131rlayabilir.<\/td><\/tr><tr><td>Per, 30 Nis<\/td><td>USD<\/td><td>\u00c7ekirdek PCE Fiyat Endeksi<\/td><td>0,30%<\/td><td>0,40%<\/td><td>Daha d\u00fc\u015f\u00fck enflasyon USDX\u2019i zay\u0131flat\u0131p alt\u0131n\u0131 destekleyebilir.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Haftan\u0131n \u00d6ne \u00c7\u0131kan Hareketleri<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">XAUUSD<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/tr-mena\/wp-content\/uploads\/sites\/9\/2026\/05\/codeZTYwMGY0N2JiMDVkNmM0MmI2ZmU5YWVmOGM4NjA2MGNfRWk4NHZZckVwYWxvVVd6V1VhYm5VaWs0SmRGSnhmdDZfVG9rZW46WHJGcmJGMk1Sbzc0VHB4YVpFemw3bmJMZ3dnXzE3NzcyNjIwNzQ6MTc3NzI2NTY3NF9WNA-1.png\" alt=\"\" class=\"wp-image-48720\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>XAUUSD<\/strong> 4660\u2019tan toparland\u0131ktan sonra <strong>4790<\/strong> testini g\u00f6rd\u00fc ve <strong>\u00c7ekirdek PCE<\/strong> \u00f6ncesi yeniden a\u015fa\u011f\u0131 d\u00f6nd\u00fc; yatay bant hareketi s\u00fcr\u00fcyor.<\/li>\n\n\n\n<li>Daha d\u00fc\u015f\u00fck <strong>\u00c7ekirdek PCE<\/strong>, USDX ivme kaybederse <strong>XAUUSD<\/strong>\u2019nin <strong>4660<\/strong> yak\u0131n\u0131nda tutunmas\u0131na destek olabilir.<\/li>\n\n\n\n<li>G\u00fc\u00e7l\u00fc <strong>ABD \u00f6nc\u00fc GSYH<\/strong>, tahvil faizlerini (getirileri) y\u00fckseltip dolara talebi art\u0131rabilir; bu da <strong>XAUUSD<\/strong>\u2019de <strong>4633,39<\/strong> alt\u0131na sarkma riskini b\u00fcy\u00fctebilir.<\/li>\n\n\n\n<li><strong>4790<\/strong> \u00fczeri hareket, <strong>XAUUSD<\/strong> al\u0131c\u0131lar\u0131n\u0131n yaln\u0131zca \u201ckorunma\u201d ama\u00e7l\u0131 pozisyonun \u00f6tesine ge\u00e7ti\u011fini g\u00f6sterebilir.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">USDX<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/tr-mena\/wp-content\/uploads\/sites\/9\/2026\/05\/codeODg0ZmZhMzdhNmQ4M2M0NzRkOGE3YWJkZjJkYjEzZDVfbDJDU0lrQWJQNXZFY003NG9LYk5EaVZrRTVqTXgwR0xfVG9rZW46S1ZyNWJvYTdGb0VhM254YTZ3d2xkZnc5Z0xmXzE3NzcyNjIwNzQ6MTc3NzI2NTY3NF9WNA-1.png\" alt=\"\" class=\"wp-image-48721\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>USDX<\/strong>\u2019te ivme s\u0131n\u0131rl\u0131: Endeks <strong>98,50<\/strong> izlenen b\u00f6lgeden geri \u00e7ekildi, g\u00f6zler <strong>ABD \u00f6nc\u00fc GSYH<\/strong> verisinde.<\/li>\n\n\n\n<li><strong>98,15<\/strong> \u00e7evresindeki fiyatlama, sat\u0131\u015f taraf\u0131n\u0131n kontrol\u00fc s\u00fcrd\u00fcr\u00fcp s\u00fcrd\u00fcremedi\u011fini g\u00f6sterecek.<\/li>\n\n\n\n<li>Daha d\u00fc\u015f\u00fck <strong>\u00c7ekirdek PCE<\/strong>, <strong>USDX<\/strong>\u2019i <strong>98,15<\/strong> alt\u0131na \u00e7ekip <strong>97,399<\/strong> b\u00f6lgesine alan a\u00e7abilir.<\/li>\n\n\n\n<li><strong>98,966<\/strong> \u00fczeri k\u0131r\u0131l\u0131m, g\u00fc\u00e7l\u00fc ABD verileriyle dolar talebinin geri d\u00f6nd\u00fc\u011f\u00fcne i\u015faret edebilir.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">SP500<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/tr-mena\/wp-content\/uploads\/sites\/9\/2026\/05\/codeYjk0NDNkZDA3ZDViODNiODE4MDE0MDlkZThlNWU1MmNfMGFKZkR5eG5WcVpxUWpsU1RoNnlvRGlYYlpLSG8zMGVfVG9rZW46WU5USmJ0R0t0b1VRMEt4emJ2R2w2YTZRZ2xkXzE3NzcyNjIwNzQ6MTc3NzI2NTY3NF9WNA-1.png\" alt=\"\" class=\"wp-image-48722\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Risk i\u015ftah\u0131 g\u00fc\u00e7l\u00fc: <strong>SP500<\/strong>, <strong>\u00c7ekirdek PCE<\/strong> \u00f6ncesi tarihi zirvelere yak\u0131n.<\/li>\n\n\n\n<li>Daha y\u00fcksek ABD enflasyonu, <strong>SP500<\/strong> \u00fczerinde bask\u0131 kurup <strong>7053<\/strong> dip seviyesini yeniden g\u00fcndeme getirebilir.<\/li>\n\n\n\n<li>Daha d\u00fc\u015f\u00fck <strong>\u00c7ekirdek PCE<\/strong> ve dengeli <strong>ABD \u00f6nc\u00fc GSYH<\/strong>, <strong>SP500<\/strong> rallisinin daha \u201csa\u011fl\u0131kl\u0131\u201d s\u00fcrmesine yard\u0131mc\u0131 olabilir.<\/li>\n\n\n\n<li>Petroldeki g\u00fc\u00e7, enflasyon beklentileri y\u00fcksek kal\u0131rsa <strong>SP500<\/strong>\u2019de y\u00fckseli\u015fi s\u0131n\u0131rlayabilir.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">BTCUSD<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/tr-mena\/wp-content\/uploads\/sites\/9\/2026\/05\/codeMTFmMGJhODRmMDE0YWYxMjlhY2E1MmRmZDJhNzkzNGNfSElKMTV1YmREUmdIU2gzd3ZRd1R1ZDRidldqNWZGOXNfVG9rZW46QlZxdWJnbkNvbzl6UUJ4Y1E2QmxJeWFHZ3ZkXzE3NzcyNjIwNzQ6MTc3NzI2NTY3NF9WNA-1.png\" alt=\"\" class=\"wp-image-48723\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Likidite beklentisi <strong>BTCUSD<\/strong>\u2019yi destekliyor; fiyat <strong>ABD GSYH<\/strong> \u00f6ncesi <strong>80.000<\/strong>e do\u011fru y\u00fckseliyor.<\/li>\n\n\n\n<li><strong>\u00c7ekirdek PCE<\/strong> sonras\u0131 USDX zay\u0131flarsa, <strong>BTCUSD<\/strong> i\u00e7in <strong>82.850<\/strong> hedefi \u00f6ne \u00e7\u0131kabilir.<\/li>\n\n\n\n<li>G\u00fc\u00e7l\u00fc ABD verileri, faiz indirimi beklentilerinin gerilemesiyle <strong>80.000<\/strong> yak\u0131n\u0131nda k\u00e2r sat\u0131\u015f\u0131n\u0131 tetikleyebilir.<\/li>\n\n\n\n<li><strong>80.000<\/strong> \u00fczerinde kal\u0131c\u0131l\u0131k, <strong>BTCUSD<\/strong> i\u00e7in bir sonraki daha net devam b\u00f6lgesini <strong>82.850<\/strong> yapabilir.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">USOil<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/tr-mena\/wp-content\/uploads\/sites\/9\/2026\/05\/codeMjg0MTUyODY2ZmU3NGViZDk3MzdhMTY3MWQ1MTNiNzlfM2ZYRkg5SUIzckpZeE5DS1pkR0F0bUtoMU9qUlpybmVfVG9rZW46TTRtdGJMY0pOb3Z1T3Z4MU1DaWxlM3VPZ1piXzE3NzcyNjIwNzQ6MTc3NzI2NTY3NF9WNA-1.png\" alt=\"\" class=\"wp-image-48724\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Hafta sonu bar\u0131\u015f g\u00f6r\u00fc\u015fmeleri ger\u00e7ekle\u015fmeyince, <strong>USOil<\/strong> arz riskleriyle destek bulmaya devam etti.<\/li>\n\n\n\n<li>ABD-\u0130ran gerilimi enerji taraf\u0131nda temkinli duru\u015fu s\u00fcrd\u00fcr\u00fcrse <strong>103,75<\/strong>e do\u011fru hareket m\u00fcmk\u00fcn.<\/li>\n\n\n\n<li>Kal\u0131c\u0131 <strong>USOil<\/strong> g\u00fcc\u00fc, enflasyon beklentilerini y\u00fcksek tutarak <strong>\u00c7ekirdek PCE<\/strong> sonras\u0131 piyasa tepkisini karma\u015f\u0131kla\u015ft\u0131rabilir.<\/li>\n\n\n\n<li><strong>103,75<\/strong>ten geri \u00e7ekilme, SP500 ve BTCUSD\u2019ye toparlanma alan\u0131 a\u00e7abilir.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Genel De\u011ferlendirme<\/h2>\n\n\n\n<p>Haftan\u0131n oda\u011f\u0131, ABD verilerinin faiz indirimi hik\u00e2yesini do\u011frulay\u0131p do\u011frulamayaca\u011f\u0131. <strong>\u00c7ekirdek PCE Fiyat Endeksi<\/strong> USDX ve XAUUSD\u2019de ilk tepkiyi belirlerken, <strong>ABD \u00f6nc\u00fc GSYH<\/strong> SP500 ve BTCUSD taraf\u0131nda \u201cyumu\u015fak ini\u015f\u201d fiyatlamas\u0131n\u0131 test edecek. Petrol ise enflasyon i\u00e7in belirsizlik unsuru olmaya devam ediyor; ham petrol\u00fcn yeniden y\u00fckselmesi, veriler k\u0131sa s\u00fcreli rahatlama sa\u011flasa bile temkinli duru\u015fu g\u00fc\u00e7lendirebilir.<\/p>\n\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>Fed\u2019de Warsh fakt\u00f6r\u00fc belirsizli\u011fi art\u0131r\u0131rken piyasalar \u00c7ekirdek PCE ve \u00f6nc\u00fc GSYH\u2019ya kilitlendi. USDX y\u00f6n verecek; alt\u0131n bantta, SP500 zirve yak\u0131n, petrol enflasyon riskini canl\u0131 tutuyor; Bitcoin 80.000\u2019i zorluyor.<\/p>\n","protected":false},"author":87,"featured_media":45505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[48,73],"tags":[],"class_list":["post-45506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-week_ahead"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45506","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=45506"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/45506\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/45505"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=45506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=45506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=45506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}