ABD Merkez Bankas\u0131 (Fed), ABD\u2019de sanayi \u00fcretiminin (fabrika, maden ve elektrik-do\u011falgaz \u00fcretimini kapsayan toplam \u00fcretim) nisan ay\u0131nda ayl\u0131k bazda %0,7 artt\u0131\u011f\u0131n\u0131 a\u00e7\u0131klad\u0131. Bu art\u0131\u015f, marttaki %0,3 d\u00fc\u015f\u00fc\u015f\u00fcn ard\u0131ndan geldi ve piyasadaki %0,3 art\u0131\u015f beklentisini a\u015ft\u0131.<\/p>\n
\u0130malat \u00fcretimi nisanda %0,6 artarken, madencilik %0,1 geriledi. Kamu hizmetleri (elektrik ve do\u011falgaz) \u00fcretimi %1,9 y\u00fckseldi.<\/p>\n
Kapasite kullan\u0131m oran\u0131 (mevcut \u00fcretim tesislerinin ne kadar\u0131n\u0131n \u00e7al\u0131\u015ft\u0131\u011f\u0131n\u0131 g\u00f6steren oran) %76,1\u2019e \u00e7\u0131kt\u0131. Bu seviye, 1972\u20132025 d\u00f6neminin uzun vadeli ortalamas\u0131n\u0131n 3,3 puan alt\u0131nda.<\/p>\n
Cuma g\u00fcnk\u00fc ABD i\u015flemlerinde ABD dolar\u0131 g\u00fc\u00e7l\u00fc seyrini korudu. ABD Dolar Endeksi (DXY: dolar\u0131n ba\u015fl\u0131ca para birimlerine kar\u015f\u0131 de\u011ferini g\u00f6steren endeks) %0,35 art\u0131\u015fla 99,20\u2019ye y\u00fckseldi.<\/p>\n
Sanayi \u00fcretiminin nisanda %0,7 gibi g\u00fc\u00e7l\u00fc bir art\u0131\u015f g\u00f6stermesi, ABD ekonomisinde yava\u015flama s\u00f6ylemini yeniden de\u011ferlendirmeyi gerektiriyor. Beklentilerin belirgin \u015fekilde \u00fczerinde gelen bu veri, \u00f6zellikle imalat\u0131n %0,6 artmas\u0131yla ekonomide dayan\u0131kl\u0131l\u0131\u011fa i\u015faret ediyor ve marttaki zay\u0131f verilerin ard\u0131ndan ivmenin toparland\u0131\u011f\u0131n\u0131 g\u00f6steriyor.<\/p>\n
Fed bu tabloyu yak\u0131ndan izleyecek. \u00c7\u00fcnk\u00fc g\u00fc\u00e7l\u00fc ekonomi, enflasyonun (fiyat art\u0131\u015flar\u0131n\u0131n) y\u00fcksek kalmas\u0131na neden olabilir. Son a\u00e7\u0131klanan \u00e7ekirdek PCE (g\u0131da ve enerji hari\u00e7 ki\u015fisel t\u00fcketim harcamalar\u0131 fiyat endeksi; Fed\u2019in yak\u0131ndan izledi\u011fi enflasyon g\u00f6stergesi) verisi 2026 ilk \u00e7eyre\u011finde %3\u2019\u00fcn \u00fczerinde kalm\u0131\u015ft\u0131. 2025\u2019in sonlar\u0131nda piyasalar faiz indirimi beklentisiyle y\u00fckselmi\u015fti; ancak bu g\u00fc\u00e7lenme, Fed\u2019in faizleri daha uzun s\u00fcre y\u00fcksek tutmas\u0131na yol a\u00e7abilir. Yat\u0131r\u0131mc\u0131lar\u0131n, bu y\u0131l\u0131n ilerleyen d\u00f6neminde daha h\u0131zl\u0131 faiz indirimi \u00f6ng\u00f6rerek al\u0131nm\u0131\u015f faiz vadeli i\u015flem (gelecekteki faiz seviyesine dayal\u0131 s\u00f6zle\u015fmeler) pozisyonlar\u0131n\u0131 g\u00f6zden ge\u00e7irmesi gerekebilir.<\/p>\n
Hisse senedi endeksleri i\u00e7in tablo kar\u0131\u015f\u0131k ve oynakl\u0131\u011f\u0131 (fiyat dalgalanmas\u0131) art\u0131rabilir. Daha canl\u0131 ekonomik aktivite \u015firket k\u00e2rlar\u0131n\u0131 destekler; nitekim \u015firketler ilk \u00e7eyrekte \u00e7o\u011funlukla beklentileri a\u015ft\u0131. Ancak faizlerin uzun s\u00fcre y\u00fcksek kalmas\u0131, de\u011ferleme \u00e7arpanlar\u0131n\u0131 (\u015firket de\u011ferinin k\u00e2r gibi g\u00f6stergelere oran\u0131) s\u0131n\u0131rlayabilir. Bu nedenle, dalgal\u0131 fiyat hareketinden faydalanan opsiyon (belirli fiyattan alma\/satma hakk\u0131 veren s\u00f6zle\u015fme) stratejileri \u00f6ne \u00e7\u0131kabilir; VIX (S&P 500 i\u00e7in \u201ckorku endeksi\u201d, piyasadaki beklenen oynakl\u0131k g\u00f6stergesi) 14 civar\u0131ndaki d\u00fc\u015f\u00fck seviyelerden y\u00fckselebilir.<\/p>\n
Daha net f\u0131rsatlar i\u00e7in sekt\u00f6r bazl\u0131 ayr\u0131\u015fmaya bakmak gerekir. Kamu hizmetleri \u00fcretimindeki %1,9\u2019luk s\u0131\u00e7rama ve g\u00fc\u00e7l\u00fc imalat verileri, XLU ve XLI gibi ETF\u2019lerde (borsada i\u015flem g\u00f6ren fon) al\u0131m opsiyonlar\u0131n\u0131 (y\u00fckseli\u015ften kazan\u00e7 hedefleyen opsiyon) \u00f6n\u00fcm\u00fczdeki haftalar i\u00e7in daha cazip hale getirebilir. Buna kar\u015f\u0131l\u0131k madencilikteki hafif d\u00fc\u015f\u00fc\u015f, baz\u0131 emtia ve enerji ba\u011flant\u0131l\u0131 t\u00fcrev \u00fcr\u00fcnlerde (dayana\u011f\u0131 ba\u015fka bir varl\u0131k olan finansal s\u00f6zle\u015fme) daha temkinli bir duru\u015fu destekliyor.<\/p>\n
ABD dolar\u0131 bu rapordan destek al\u0131yor. DXY\u2019nin 99,20\u2019nin \u00fczerine \u00e7\u0131kmas\u0131yla, ABD ekonomisinin Avrupa gibi b\u00f6lgelerden daha g\u00fc\u00e7l\u00fc g\u00f6r\u00fcnd\u00fc\u011f\u00fc bir ortamda dolarda yukar\u0131 y\u00f6nl\u00fc e\u011filim \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n
Canl\u0131 VT Markets hesab\u0131n\u0131z\u0131 a\u00e7\u0131n<\/a>\u00a0ve\u00a0hemen i\u015flem yapmaya ba\u015flay\u0131n<\/a>. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":" S\u00fcrpriz sanayi verisi piyasay\u0131 ters k\u00f6\u015feye yat\u0131rd\u0131: ABD\u2019de sanayi \u00fcretimi nisanda %0,7 artt\u0131, imalat %0,6 y\u00fckseldi. Dolar g\u00fc\u00e7lenirken, Fed\u2019in faizleri uzun s\u00fcre y\u00fcksek tutma ihtimali artt\u0131.<\/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-46792","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\/46792","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=46792"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/46792\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=46792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=46792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=46792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}