ABD Dolar Endeksi (DXY) iki g\u00fcnl\u00fck y\u00fckseli\u015fin ard\u0131ndan yatay seyretti; \u00c7ar\u015famba Asya saatlerinde 98,30 civar\u0131nda i\u015flem g\u00f6rd\u00fc. Endeks, ABD dolar\u0131n\u0131n alt\u0131 b\u00fcy\u00fck para birimi kar\u015f\u0131s\u0131ndaki de\u011ferini izler.<\/p>\n
ABD dolar\u0131, ABD Ba\u015fkan\u0131 Donald Trump\u2019\u0131n a\u00e7\u0131klamalar\u0131 sonras\u0131 Orta Do\u011fu\u2019daki gerilimle destek buldu. Trump, \u0130ran\u2019\u0131n \u201ckontrol alt\u0131nda\u201d oldu\u011funu s\u00f6yledi ve iki olas\u0131l\u0131ktan bahsetti: yeni bir anla\u015fma ya da \u201ctam y\u0131k\u0131m\u201d.<\/p>\n
\u0130ran D\u0131\u015fi\u015fleri Bakan Yard\u0131mc\u0131s\u0131 Kazem Gharibabadi, herhangi bir bar\u0131\u015f anla\u015fmas\u0131n\u0131n; tazminat\u0131 (zarar\u0131n kar\u015f\u0131lanmas\u0131 i\u00e7in \u00f6denecek bedel), H\u00fcrm\u00fcz Bo\u011faz\u0131 \u00fczerindeki egemenli\u011fin tan\u0131nmas\u0131n\u0131 (bo\u011faz \u00fczerinde s\u00f6z hakk\u0131n\u0131n Tahran\u2019a ait oldu\u011funun kabul\u00fcn\u00fc) ve ABD yapt\u0131r\u0131mlar\u0131n\u0131n tamamen kald\u0131r\u0131lmas\u0131n\u0131 i\u00e7ermesi gerekti\u011fini s\u00f6yledi. Bu geli\u015fmeler piyasalardaki belirsizli\u011fi art\u0131rd\u0131.<\/p>\n
ABD enflasyon verileri de dolar\u0131 ve daha s\u0131k\u0131 para politikas\u0131 beklentilerini destekledi. Nisan t\u00fcketici fiyat endeksi (CPI: hanehalk\u0131n\u0131n \u00f6dedi\u011fi fiyatlar\u0131n genel seviyesi) ayl\u0131k %0,6 artt\u0131; y\u0131ll\u0131k enflasyon %3,8\u2019e \u00e7\u0131karak May\u0131s 2023\u2019ten bu yana en y\u00fcksek seviyeyi g\u00f6rd\u00fc.<\/p>\n
\u00c7ekirdek CPI (g\u0131da ve enerji gibi oynak kalemler hari\u00e7 enflasyon) y\u0131ll\u0131k %2,8 y\u00fckseldi. Piyasalar bu y\u0131l faiz indirimi beklentisinden uzakla\u015ft\u0131; Aral\u0131k ay\u0131nda 25 baz puanl\u0131k (0,25 puan) art\u0131\u015f\u0131 fiyatl\u0131yor.<\/p>\n
G\u00f6zler \u015fimdi yakla\u015fan \u00fcretici enflasyonu verilerinde. Bu veri, \u0130ran\u2019daki sava\u015f\u0131n ABD ekonomisini nas\u0131l etkiledi\u011fine dair i\u015faretler i\u00e7in izleniyor.<\/p>\n
Bu hafta a\u00e7\u0131klanan Nisan 2026 CPI raporu, \u00e7ekirdek enflasyonun y\u0131ll\u0131k %3,5\u2019te g\u00fc\u00e7l\u00fc kald\u0131\u011f\u0131n\u0131 g\u00f6sterdi. Bu seviye Fed\u2019in (ABD Merkez Bankas\u0131) hedefinin belirgin \u015fekilde \u00fczerinde ve yaz aylar\u0131nda faiz indirimi beklentilerini zay\u0131flatt\u0131. Kal\u0131c\u0131 enflasyon, piyasalar\u0131 faizlerin daha uzun s\u00fcre y\u00fcksek kalaca\u011f\u0131na ikna etti. Bu hafta itibar\u0131yla fed funds vadeli i\u015flemleri (Fed politika faizine y\u00f6nelik piyasa beklentisini yans\u0131tan kontratlar), y\u0131l sonuna kadar herhangi bir faiz indirimi olas\u0131l\u0131\u011f\u0131n\u0131 %50\u2019nin alt\u0131na indiriyor.<\/p>\n
Ekonomik bask\u0131, bu kez G\u00fcney \u00c7in Denizi\u2019ndeki ticaret rotas\u0131 g\u00fcvenli\u011fi etraf\u0131nda toplanan yeni jeopolitik endi\u015felerle birle\u015fiyor ve g\u00fcvenli limana y\u00f6neli\u015fi art\u0131r\u0131yor. Bu tablo, ABD dolar\u0131nda \u201cuzun pozisyon\u201d (fiyat y\u00fckseli\u015finden kazan\u00e7 hedefleyen pozisyon) stratejilerini destekliyor; \u00f6zellikle merkez bankas\u0131 daha \u201cg\u00fcvercin\u201d (faiz art\u0131\u015f\u0131na daha az istekli, daha gev\u015fek politika yanl\u0131s\u0131) bir patikaya i\u015faret eden para birimlerine kar\u015f\u0131. T\u00fcrev i\u015flem yapan yat\u0131r\u0131mc\u0131lar, \u00f6n\u00fcm\u00fczdeki aylar i\u00e7in DXY \u00fczerine al\u0131m opsiyonu (call: belirli bir fiyattan alma hakk\u0131 veren s\u00f6zle\u015fme) almay\u0131 de\u011ferlendirebilir.<\/p>\n
Enflasyon ve k\u00fcresel gerilim kaynakl\u0131 belirsizlik, piyasada oynakl\u0131\u011f\u0131n (fiyatlar\u0131n h\u0131zl\u0131 ve sert dalgalanmas\u0131) artabilece\u011fine i\u015faret ediyor. CBOE Volatilite Endeksi\u2019nin (VIX: S&P 500 beklentili oynakl\u0131k g\u00f6stergesi; piyasa korku\/gerginlik barometresi) son bir ayda %15\u2019in \u00fczerinde y\u00fckselerek 13\u2019l\u00fc seviyelerden 15\u2019in \u00fczerine \u00e7\u0131kt\u0131\u011f\u0131 g\u00f6r\u00fcld\u00fc. Buna VIX al\u0131m opsiyonlar\u0131 gibi t\u00fcrevlerle pozisyon almak, k\u00e2r f\u0131rsat\u0131 sunabilir veya portf\u00f6y i\u00e7in \u201ckoruma\u201d (hedge: olas\u0131 kay\u0131plar\u0131 s\u0131n\u0131rlama ama\u00e7l\u0131 i\u015flem) i\u015flevi g\u00f6rebilir.<\/p>\n","protected":false},"excerpt":{"rendered":"
DXY 98,30\u2019da yatay; Trump\u2019\u0131n \u0130ran \u00e7\u0131k\u0131\u015f\u0131 ve H\u00fcrm\u00fcz \u015fartlar\u0131 jeopolitik risk primini art\u0131rd\u0131. ABD CPI\/\u00e7ekirdek g\u00fc\u00e7l\u00fc, faiz indirimi ihtimali zay\u0131flad\u0131. PPI bekleniyor; dolar ve VIX\u2019te oynakl\u0131k artabilir.<\/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-46567","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\/46567","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=46567"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46567\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}