ABD Dolar Endeksi (DXY) d\u00f6rd\u00fcnc\u00fc g\u00fcnde de art\u0131da kalarak Per\u015fembe g\u00fcn\u00fc Avrupa saatlerinde 98,50 civar\u0131nda i\u015flem g\u00f6rd\u00fc. Reuters\u2019\u0131n, Beyaz Saray\u2019dan bir yetkilinin Trump\u2013\u015ei g\u00f6r\u00fc\u015fmesini \u201ciyi\u201d olarak niteledi\u011fini ve ekonomik i\u015f birli\u011finin ele al\u0131nd\u0131\u011f\u0131n\u0131 aktarmas\u0131n\u0131n ard\u0131ndan endeks s\u0131n\u0131rl\u0131 de\u011fi\u015fim g\u00f6sterdi.<\/p>\n
G\u00f6r\u00fc\u015fmeler; Amerikan \u015firketleri i\u00e7in **pazara eri\u015fimin** (ABD\u2019li firmalar\u0131n \u00c7in\u2019de daha kolay sat\u0131\u015f yapabilmesi ve faaliyet g\u00f6sterebilmesi) geni\u015fletilmesi ve \u00c7in\u2019in ABD\u2019ye **yat\u0131r\u0131m** (sermaye giri\u015fi) art\u0131rmas\u0131 planlar\u0131n\u0131 i\u00e7erdi. Ayr\u0131ca **H\u00fcrm\u00fcz Bo\u011faz\u0131**\u2019n\u0131n (k\u00fcresel petrol sevkiyat\u0131n\u0131n ge\u00e7ti\u011fi kritik deniz yolu) a\u00e7\u0131k kalmas\u0131 gerekti\u011fi ve \u0130ran\u2019\u0131n asla **n\u00fckleer silah** edinmemesi konusunda mutab\u0131k kald\u0131lar.<\/p>\n
ABD\u2019de **\u00fcretici fiyatlar\u0131** (fabrika \u00e7\u0131k\u0131\u015f fiyatlar\u0131; t\u00fcketiciye yans\u0131madan \u00f6nceki maliyet bask\u0131s\u0131n\u0131 g\u00f6sterir) Nisan\u2019da 2022\u2019den bu yana en h\u0131zl\u0131 art\u0131\u015f\u0131 kaydetti ve **Fed**\u2019in (ABD Merkez Bankas\u0131) politika beklentilerini etkiledi. Piyasalar 2026 faiz indirimlerini fiyatlamaktan vazge\u00e7ti; bunun yerine y\u0131l sonuna kadar olas\u0131 bir **faiz art\u0131\u015f\u0131** ihtimalini konu\u015fuyor. (Daha sonra a\u00e7\u0131klanacak Nisan **Perakende Sat\u0131\u015flar** verisi, t\u00fcketim taraf\u0131n\u0131n g\u00fcc\u00fcn\u00fc g\u00f6steren \u00f6nemli bir g\u00f6stergedir.)<\/p>\n
**\u00dcretici Fiyat Endeksi (PPI)** (\u00fcretici fiyatlar\u0131n\u0131 \u00f6l\u00e7en g\u00f6sterge) y\u0131ll\u0131k bazda %6,0 artt\u0131; Mart\u2019taki %4,3\u2019\u00fcn \u00fczerine \u00e7\u0131kt\u0131 ve %4,9 beklentisini a\u015ft\u0131. Ayl\u0131k bazda PPI %1,4 y\u00fckseldi; \u00f6nceki %0,7\u2019nin ve %0,5 beklentisinin \u00fczerinde ger\u00e7ekle\u015fti.<\/p>\n
ABD Senatosu, Kevin Warsh\u2019\u0131 yeni Fed Ba\u015fkan\u0131 olarak onaylad\u0131. Piyasalar bu atamay\u0131, **merkez bankas\u0131 ba\u011f\u0131ms\u0131zl\u0131\u011f\u0131** (kararlar\u0131n siyasetten etkilenmeden al\u0131nmas\u0131) ve **siyasi bask\u0131** endi\u015feleriyle birlikte de\u011ferlendiriyor.<\/p>\n
\u015eu anda ana unsur, enflasyon taraf\u0131ndaki sert veri: \u00fcretici fiyatlar\u0131 y\u0131ll\u0131k %6,0 s\u0131\u00e7rad\u0131. Bu, enflasyonun kontrol alt\u0131na al\u0131nmad\u0131\u011f\u0131na i\u015faret ederek beklentilerde keskin bir de\u011fi\u015fime yol a\u00e7\u0131yor.<\/p>\n
Bu nedenle bu y\u0131l Fed\u2019in faiz indirimine gitmesi beklentisi zay\u0131flarken, olas\u0131 bir faiz art\u0131\u015f\u0131 senaryosu \u00f6ne \u00e7\u0131k\u0131yor. Kevin Warsh\u2019\u0131n Fed Ba\u015fkan\u0131 olarak onaylanmas\u0131 da bu g\u00f6r\u00fcn\u00fcm\u00fc destekliyor. Warsh, enflasyona kar\u015f\u0131 **\u015fahin** (faizi y\u00fcksek tutma e\u011filiminde) olarak g\u00f6r\u00fclen bir isim. Bu politika de\u011fi\u015fimi, piyasada ana tema olmaya aday.<\/p>\n
D\u00f6viz yat\u0131r\u0131mc\u0131lar\u0131 i\u00e7in en net senaryo, dolar\u0131n g\u00fc\u00e7l\u00fc kalmas\u0131 y\u00f6n\u00fcnde pozisyon almak. ABD Dolar Endeksi (DXY) \u00fczerinde **call opsiyonu** (belirli bir tarihe kadar belirli fiyattan alma hakk\u0131) almak veya alternatif olarak EUR\/USD paritesinde **put opsiyonu satmak** (belirli fiyattan satma hakk\u0131n\u0131 ba\u015fkas\u0131na verip prim gelirine kar\u015f\u0131l\u0131k risk almak) d\u00fc\u015f\u00fcn\u00fclebilir. Bu yakla\u015f\u0131m, ABD ile Avrupa aras\u0131ndaki **faiz beklentisi fark\u0131n\u0131n** a\u00e7\u0131lmas\u0131ndan yararlanmay\u0131 hedefler.<\/p>\n
Faiz piyasalar\u0131nda odak, getiri e\u011frisi boyunca daha y\u00fcksek **tahvil getirilerine** (faiz oranlar\u0131na) haz\u0131rl\u0131kl\u0131 olmak. Bunun i\u00e7in SOFR veya Fed Funds \u00fczerinde **vadeli kontrat satmak** (faiz y\u00fckseldik\u00e7e vadeli fiyat d\u00fc\u015fer; d\u00fc\u015f\u00fc\u015ften kazan\u00e7 hedeflenir) kullan\u0131labilir. Fed politikas\u0131ndaki h\u0131zl\u0131 yeniden fiyatlama, bu hareketin ivme ta\u015f\u0131d\u0131\u011f\u0131na i\u015faret ediyor.<\/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":" DXY d\u00f6rt g\u00fcnd\u00fcr y\u00fckseli\u015fte: Trump\u2013\u015ei g\u00f6r\u00fc\u015fmesi \u201ciyi\u201d derken as\u0131l fiyatlama PPI \u015fokundan geliyor. %6 y\u0131ll\u0131k art\u0131\u015f Fed indirimlerini sildirdi, faiz art\u0131\u015f\u0131 konu\u015fuluyor; Warsh onay\u0131 dolar\u0131 destekliyor.<\/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-46662","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\/46662","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=46662"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46662\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}