{"id":47067,"date":"2026-05-20T10:20:56","date_gmt":"2026-05-20T10:20:56","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr\/uncategorized\/abd-cin-gorusmesinin-perde-arkasi\/"},"modified":"2026-05-20T10:20:56","modified_gmt":"2026-05-20T10:20:56","slug":"abd-cin-gorusmesinin-perde-arkasi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/featured\/abd-cin-gorusmesinin-perde-arkasi\/","title":{"rendered":"ABD\u2013\u00c7in G\u00f6r\u00fc\u015fmesinin Perde Arkas\u0131"},"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\/06\/Nayel-Aljawabrah_banner_mobile-1024x559.png\" alt=\"\" class=\"wp-image-25588\"\/><\/figure>\n\n\n\n<p><strong>\u00d6ne \u00c7\u0131kanlar<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ABD\u2013\u00c7in ili\u015fkisi art\u0131k \u201ci\u015f birli\u011fi mi \u00e7at\u0131\u015fma m\u0131\u201d ikileminden \u00e7\u0131kt\u0131. \u0130ki taraf\u0131n ekonomileri birbirine ba\u011fl\u0131, ancak stratejik konularda temkinli; bu duruma \u201ckontroll\u00fc kar\u015f\u0131l\u0131kl\u0131 ba\u011f\u0131ml\u0131l\u0131k\u201d deniyor.<\/li>\n\n\n\n<li>Son g\u00f6r\u00fc\u015fmeler \u201cb\u00fcy\u00fck anla\u015fma\u201ddan \u00e7ok istikrar hedefli. Ticaret ba\u015fl\u0131klar\u0131 (enerji, tar\u0131m, havac\u0131l\u0131k) daha \u00e7ok tansiyonu d\u00fc\u015f\u00fcrmek i\u00e7in kullan\u0131l\u0131yor; temel sorunlar\u0131 \u00e7\u00f6zm\u00fcyor.<\/li>\n\n\n\n<li>Ana cephe teknoloji: \u00f6zellikle yar\u0131 iletkenler (\u00e7ipler) ve yapay zek\u00e2. Bu alanlar k\u00fcresel g\u00fc\u00e7 dengesinin gelece\u011fini belirliyor.<\/li>\n\n\n\n<li>K\u00fcresel d\u00fczen daha karma\u015f\u0131k, \u00e7ok kutuplu bir yap\u0131ya kay\u0131yor; art\u0131k tek bir \u00fclke y\u00f6n\u00fc tamamen belirleyemiyor.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<p>ABD ile \u00c7in bir araya geldi\u011finde piyasalar art\u0131k \u201c\u00e7\u0131\u011f\u0131r a\u00e7an sonu\u00e7lar\u201d beklemiyor. \u0130stikrar ar\u0131yor.<\/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\">Trump returns from China with stability and a stalemate <a href=\"https:\/\/t.co\/Ys7F1s2BOa\">https:\/\/t.co\/Ys7F1s2BOa<\/a> <a href=\"https:\/\/t.co\/Ys7F1s2BOa\">https:\/\/t.co\/Ys7F1s2BOa<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/2055704849413480475?ref_src=twsrc%5Etfw\">May 16, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>K\u00fcresel b\u00fcy\u00fcmenin yava\u015flad\u0131\u011f\u0131, enflasyon bask\u0131s\u0131n\u0131n (fiyatlar\u0131n kal\u0131c\u0131 \u015fekilde y\u00fcksek seyretmesi) s\u00fcrd\u00fc\u011f\u00fc ve tedarik zincirlerinin (\u00fcretimden teslimata uzanan tedarik a\u011f\u0131) par\u00e7al\u0131 hale geldi\u011fi bir d\u00f6nemde Washington\u2013Pekin hatt\u0131ndaki \u00fcst d\u00fczey temaslar, anla\u015fmazl\u0131klar\u0131 bitirmekten \u00e7ok y\u00f6netmeye odaklan\u0131yor. Son g\u00f6r\u00fc\u015fmeler daha derin bir ger\u00e7e\u011fe i\u015faret ediyor: K\u00fcresel sistem art\u0131k yaln\u0131zca i\u015f birli\u011fi ya da restle\u015fmeyle de\u011fil, daha karma\u015f\u0131k bir \u201ckontroll\u00fc kar\u015f\u0131l\u0131kl\u0131 ba\u011f\u0131ml\u0131l\u0131k\u201dla \u015fekilleniyor.<\/p>\n\n\n\n<p>Bu zirve d\u00fcnyan\u0131n d\u00fczenini s\u0131f\u0131rlayan bir toplant\u0131 de\u011fil. Mevcut d\u00fczeni g\u00f6r\u00fcn\u00fcr k\u0131l\u0131yor.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Eski Kal\u0131plara S\u0131\u011fmayan Bir \u0130li\u015fki<\/strong><\/h2>\n\n\n\n<p>ABD\u2013\u00c7in ili\u015fkisini klasik jeopolitik (\u00fclkelerin g\u00fc\u00e7 ve \u00e7\u0131kar rekabeti) tan\u0131mlarla okumak zorla\u015ft\u0131. Ne tam ortakl\u0131k ne de net bir rekabet. \u0130ki taraf ekonomide i\u00e7 i\u00e7e, stratejide ise birbirinden ku\u015fkulu.<\/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 President Donald Trump said the relationship between the United States and China is a \u2018very strong on\u2019 during a meeting with Chinese President Xi Jinping in Beijing <a href=\"https:\/\/t.co\/IFiNGxmmes\">https:\/\/t.co\/IFiNGxmmes<\/a> <a href=\"https:\/\/t.co\/yrQ4B4FHpk\">pic.twitter.com\/yrQ4B4FHpk<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/2055181943927631908?ref_src=twsrc%5Etfw\">May 15, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>ABD g\u00fcc\u00fcn\u00fc h\u00e2l\u00e2 dolar\u0131n k\u00fcresel a\u011f\u0131rl\u0131\u011f\u0131na ve ileri teknoloji liderli\u011fine dayand\u0131r\u0131yor. Buradaki \u201cileri teknoloji\u201d \u00f6zellikle yar\u0131 iletkenler (telefon, otomobil, savunma gibi alanlarda kullan\u0131lan \u00e7ipler), yapay zek\u00e2 (veriden \u00f6\u011frenen yaz\u0131l\u0131m sistemleri) ve geli\u015fmi\u015f hesaplama altyap\u0131s\u0131 (y\u00fcksek performansl\u0131 sunucu\/\u00e7ip ekosistemi) anlam\u0131na geliyor. \u00c7in ise \u201cucuz \u00fcretim \u00fcss\u00fc\u201d kimli\u011fini \u00e7oktan geride b\u0131rakt\u0131; art\u0131k k\u00fcresel \u00fcretim a\u011flar\u0131nda g\u00fc\u00e7l\u00fc etkisi olan, sanayi ve teknolojide geni\u015f \u00f6l\u00e7ekli bir oyuncu.<\/p>\n\n\n\n<p>Buna ra\u011fmen iki taraf\u0131n da \u201ctam ba\u011f\u0131ms\u0131z\u201d hareket alan\u0131 yok.<\/p>\n\n\n\n<p>Washington, \u00c7in\u2019deki \u00fcretim kapasitesinden b\u00fct\u00fcn\u00fcyle koparsa k\u00fcresel tedarik zincirlerinde ciddi bozulma riski do\u011far. Pekin ise Bat\u0131 merkezli teknoloji ekosistemlerinden tamamen ayr\u0131\u015f\u0131rsa kendi sanayi d\u00f6n\u00fc\u015f\u00fcm\u00fcn\u00fc yava\u015flat\u0131r. Bu kar\u015f\u0131l\u0131kl\u0131 k\u0131s\u0131t, g\u00fc\u00e7 dengesini siyasi s\u00f6ylemlerden daha fazla belirliyor.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Sonu\u00e7suz Anla\u015fmalar: \u00c7\u00f6zmek De\u011fil Y\u00f6netmek<\/strong><\/h2>\n\n\n\n<p>Son g\u00f6r\u00fc\u015fmelerde olas\u0131 ticari anla\u015fmalar \u00f6ne \u00e7\u0131kt\u0131. Ancak bunlar ba\u011flay\u0131c\u0131 taahh\u00fctlerden \u00e7ok \u201c\u00e7er\u00e7eve mesajlar\u201d olarak g\u00f6r\u00fclmeli. Yani niyet ve y\u00f6n g\u00f6steriyor, kesin s\u00f6z 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\">China\u2019s Ministry of Defense signaled it\u2019s open to building trust with Washington, following Trump\u2019s meeting with Xi Jinping last week <a href=\"https:\/\/t.co\/l6woy1HXi5\">https:\/\/t.co\/l6woy1HXi5<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/2056289410719645945?ref_src=twsrc%5Etfw\">May 18, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Havac\u0131l\u0131kta, zaman i\u00e7inde b\u00fcy\u00fck \u00f6l\u00e7ekli u\u00e7ak al\u0131mlar\u0131 ve Boeing sipari\u015fleri g\u00fcndeme geldi. Enerjide, \u00c7in\u2019in ABD\u2019den petrol ve LNG (s\u0131v\u0131la\u015ft\u0131r\u0131lm\u0131\u015f do\u011fal gaz; ta\u015f\u0131nmas\u0131 i\u00e7in s\u0131v\u0131 hale getirilen gaz) al\u0131m\u0131n\u0131 art\u0131rmas\u0131 konu\u015fuluyor. Tar\u0131mda ise soya fasulyesi ve tah\u0131llar, ticarette dengeleme arac\u0131 olarak tekrar tekrar masaya 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\">The United States expects China to sign up to buy \u2018double-digit billions\u2019 worth of US farm goods following a summit between Donald Trump and Xi Jinping in Beijing, US Trade Representative Jamieson Greer said <a href=\"https:\/\/t.co\/fWnN3bHpsH\">https:\/\/t.co\/fWnN3bHpsH<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/2055142592539426887?ref_src=twsrc%5Etfw\">May 15, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Ancak bu ba\u015fl\u0131klar\u0131n hi\u00e7biri yap\u0131sal bir k\u0131r\u0131lma yaratm\u0131yor. Daha \u00e7ok \u201cbas\u0131n\u00e7 tahliye vanas\u0131\u201d gibi \u00e7al\u0131\u015f\u0131yor: \u0130li\u015fkinin temel yap\u0131s\u0131n\u0131 de\u011fi\u015ftirmeden gerilimi azalt\u0131yor.<\/p>\n\n\n\n<p>Her sekt\u00f6r farkl\u0131 bir siyasi i\u015flev g\u00f6r\u00fcyor:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Havac\u0131l\u0131k, sanayide kar\u015f\u0131l\u0131kl\u0131 ba\u011f\u0131ml\u0131l\u0131\u011f\u0131 g\u00f6steriyor<\/li>\n\n\n\n<li>Enerji, makro beklentileri (enflasyon ve b\u00fcy\u00fcme beklentileri) sakinle\u015ftiriyor<\/li>\n\n\n\n<li>Tar\u0131m, politik manevra alan\u0131 ve sembolik mesaj sa\u011fl\u0131yor<\/li>\n<\/ul>\n\n\n\n<p>Sonu\u00e7ta ortaya \u00e7\u0131kan tablo, \u201cd\u00f6n\u00fc\u015ft\u00fcr\u00fcc\u00fc anla\u015fma\u201d de\u011fil, y\u00f6netilen ekonomik mesajla\u015fma.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Teknoloji: As\u0131l A\u011f\u0131rl\u0131k Merkezi<\/strong><\/h2>\n\n\n\n<p>ABD\u2013\u00c7in ili\u015fkisinin ge\u00e7mi\u015fini ticaret belirlediyse, gelece\u011fini teknoloji belirliyor. Rekabet art\u0131k \u201ckim daha ucuza \u00fcretir\u201d ya da \u201ckim daha \u00e7ok ihracat yapar\u201d sorusundan \u00e7\u0131kt\u0131. As\u0131l mesele, gelece\u011fin ekonomilerinin altyap\u0131s\u0131n\u0131 kimin kuraca\u011f\u0131: sanayinin, verinin ve \u00fcretim a\u011flar\u0131n\u0131n dayanaca\u011f\u0131 sistemleri kim in\u015fa edecek.<\/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 President Donald Trump says shipments of arms to Taiwan are \u201ca very good negotiating chip\u201d with China. The Taiwan Relations Act says they are not, in fact, negotiable. And the world watches. <a href=\"https:\/\/t.co\/1lfpGn0lX3\">https:\/\/t.co\/1lfpGn0lX3<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/2056728809403977743?ref_src=twsrc%5Etfw\">May 19, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>ABD, Nvidia ve Microsoft gibi \u015firketlerle \u00f6ne \u00e7\u0131kan \u00fcst d\u00fczey yenilik ekosisteminde h\u00e2l\u00e2 lider. Bu g\u00fcc\u00fc; derin sermaye piyasalar\u0131 (kolay fon bulma ve yat\u0131r\u0131mc\u0131 taban\u0131), g\u00fc\u00e7l\u00fc ara\u015ft\u0131rma kurumlar\u0131 ve y\u0131llar\u0131n biriktirdi\u011fi teknoloji kapasitesi destekliyor. \u00c7in ise devlet y\u00f6nlendirmeli bir \u201cteknolojik kendine yeterlilik\u201d \u00e7izgisinde ilerliyor; Bat\u0131 sistemlerine ba\u011f\u0131ml\u0131l\u0131\u011f\u0131 azaltmak i\u00e7in \u00e7iplere, yapay zek\u00e2ya ve end\u00fcstriyel yaz\u0131l\u0131ma (fabrika\/\u00fcretim y\u00f6netimi gibi sanayi yaz\u0131l\u0131mlar\u0131) b\u00fcy\u00fck kaynak aktar\u0131yor.<\/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\">Nvidia CEO Jensen Huang, days after joining Donald Trump at a China summit, said he expects Beijing will eventually allow US AI chip imports <a href=\"https:\/\/t.co\/dP3UOPiIIb\">https:\/\/t.co\/dP3UOPiIIb<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/2056459033125539967?ref_src=twsrc%5Etfw\">May 18, 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 rekabetin merkezinde yar\u0131 iletkenler var. \u00c7ipler art\u0131k modern g\u00fcc\u00fcn \u00e7ekirde\u011finde: savunma sistemlerinden ileti\u015fim a\u011flar\u0131na, otomotiv \u00fcretiminden yapay zek\u00e2 altyap\u0131s\u0131na kadar her alan\u0131 etkiliyor. B\u00f6ylece eskiden \u201cteknik bir par\u00e7a\u201d olan \u00fcr\u00fcn, stratejik bir varl\u0131\u011fa d\u00f6n\u00fc\u015ft\u00fc.<\/p>\n\n\n\n<p>\u0130hracat kontrolleri (belirli teknolojilerin belli \u00fclkelere sat\u0131\u015f\u0131n\u0131 s\u0131n\u0131rlayan d\u00fczenlemeler) s\u0131k\u0131la\u015f\u0131rken ve \u00c7in yerli ikameyi (ithal \u00fcr\u00fcn yerine yerli \u00fcretime ge\u00e7i\u015f) h\u0131zland\u0131r\u0131rken, k\u00fcresel teknoloji alan\u0131 par\u00e7alanmaya ba\u015fl\u0131yor. Ancak bu, net bir \u201cikiye b\u00f6l\u00fcnme\u201d de\u011fil. Daha \u00e7ok de\u011fer zincirinin (hammadde\u2013\u00fcretim\u2013da\u011f\u0131t\u0131m hatt\u0131) farkl\u0131 katmanlar\u0131nda rekabet eden, k\u0131smen \u00fcst \u00fcste binen ekosistemlere d\u00f6n\u00fc\u015f\u00fcyor; bu da yenili\u011fin nas\u0131l \u00fcretildi\u011fini zamanla yeniden \u015fekillendiriyor.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">ABD\u2013\u00c7in Kar\u015f\u0131l\u0131kl\u0131 Ba\u011f\u0131ml\u0131l\u0131\u011f\u0131nda Enerji G\u00fcvenli\u011fi<\/h2>\n\n\n\n<p>Enerji, k\u00fcresel g\u00fc\u00e7 dengesinin temel ba\u015fl\u0131klar\u0131ndan biri olmaya devam ediyor. Petrol, yaln\u0131zca al\u0131n\u0131p sat\u0131lan bir emtia (piyasada i\u015flem g\u00f6ren standart \u00fcr\u00fcn) de\u011fil, stratejik bir varl\u0131k. Orta Do\u011fu ve \u00f6zellikle H\u00fcrm\u00fcz Bo\u011faz\u0131, k\u00fcresel arz ak\u0131\u015f\u0131nda kritik rol oynuyor; d\u00fcnya g\u00fcnl\u00fck 100 milyon varilin \u00fczerindeki t\u00fcketimini bu hatlar \u00fczerinden besliyor.<\/p>\n\n\n\n<p>\u00c7in\u2019in ithalata y\u00fcksek ba\u011f\u0131ml\u0131l\u0131\u011f\u0131, enerji g\u00fcvenli\u011fini K\u00f6rfez\u2019den istikrarl\u0131 sevkiyata ba\u011fl\u0131 k\u0131l\u0131yor. ABD ise d\u00fcnyan\u0131n en b\u00fcy\u00fck \u00fcreticisi olsa da hem ekonomisini hem enerji sekt\u00f6r\u00fcn\u00fc korumak i\u00e7in k\u00fcresel fiyatlar\u0131n istikrarl\u0131 kalmas\u0131n\u0131 \u00f6nemsiyor. B\u00f6ylece ABD\u2013\u00c7in rekabeti, istikrarl\u0131 enerji ak\u0131\u015f\u0131na ortak ba\u011f\u0131ml\u0131l\u0131kla ayn\u0131 anda var oluyor. Bu nedenle b\u00f6lgesel gerilimler ve kritik deniz ta\u015f\u0131mac\u0131l\u0131\u011f\u0131 hatlar\u0131ndaki aksamalar, fiyatlar ve k\u00fcresel ekonomik istikrar \u00fczerinde normalden daha b\u00fcy\u00fck etki yarat\u0131yor.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Piyasalar \u00c7\u00f6z\u00fcm\u00fc De\u011fil, Jeopolitik Riskte Azalmay\u0131 Fiyatl\u0131yor<\/strong><\/h2>\n\n\n\n<p>Piyasalar, jeopolitik tansiyonun s\u0131n\u0131rl\u0131 bi\u00e7imde d\u00fc\u015fmesine \u201ctemkinli iyimserlik\u201dle tepki veriyor; bunu kal\u0131c\u0131 \u00e7\u00f6z\u00fcm de\u011fil, riskte azalma olarak fiyatl\u0131yor. ABD ve Japon hisse senetleri y\u00fckselirken, teknoloji ve ihracata duyarl\u0131 sekt\u00f6rler \u00f6ne \u00e7\u0131kt\u0131. Tahvil getirileri (faiz; devlet tahvillerinin piyasada olu\u015fan getirisi) yatay seyretti; bu, belirsizli\u011fin s\u00fcrd\u00fc\u011f\u00fcn\u00fc ama sert t\u0131rmanma korkusunun azald\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Petrol fiyatlar\u0131 bant i\u00e7inde kald\u0131; k\u00fcresel talep beklentilerinde \u015fimdilik belirgin de\u011fi\u015fim yok. Genel tablo: Piyasalar \u201cbar\u0131\u015f\u201d\u0131 de\u011fil, \u00e7at\u0131\u015fman\u0131n b\u00fcy\u00fcme olas\u0131l\u0131\u011f\u0131n\u0131n d\u00fc\u015fmesini fiyatl\u0131yor. Perde arkas\u0131nda sermaye, daha istikrarl\u0131 ve d\u0131\u015f ticarete duyarl\u0131 alanlara yava\u015f yava\u015f kay\u0131yor; bu, ani bir fiyatlama de\u011fi\u015fimi de\u011fil, kademeli bir pozisyon ayarlamas\u0131.<\/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\">Government bonds sold off from Japan to the US as investors lost hope the Strait of Hormuz would reopen after US-China talks came to nothing. Russ Mould of AJ Bell told Reuters oil price-driven inflation could force central banks to hike interest rates <a href=\"https:\/\/t.co\/QC6N6mWq20\">pic.twitter.com\/QC6N6mWq20<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/2056341529367818697?ref_src=twsrc%5Etfw\">May 18, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Sonu\u00e7: K\u0131s\u0131tlar \u00dczerine Kurulu Bir Sistem<\/h2>\n\n\n\n<p>\u00d6zetle bu s\u00fcre\u00e7, uluslararas\u0131 ekonominin y\u00f6n\u00fcn\u00fc k\u00f6kten de\u011fi\u015ftiren anla\u015fmalardan \u00e7ok, gidi\u015fat\u0131n daha net g\u00f6r\u00fclmesini sa\u011flad\u0131. Trump\u2019\u0131n \u00c7in ziyareti b\u00fcy\u00fck bir d\u00f6n\u00fcm noktas\u0131 olmaktan ziyade, y\u0131llard\u0131r biriken hassas dengeleri g\u00f6steren bir \u201cayna\u201d niteli\u011findeydi; hi\u00e7bir taraf tek ba\u015f\u0131na dayatma g\u00fcc\u00fcne sahip de\u011fil.<\/p>\n\n\n\n<p>Zirvenin i\u015faret etti\u011fi ger\u00e7ek, resmi a\u00e7\u0131klamalar\u0131n \u00f6tesinde: Birbirine s\u0131k\u0131 ba\u011fl\u0131, gerilime \u00e7ok duyarl\u0131 bir k\u00fcresel ekonomi var. Buna kar\u015f\u0131n \u00e7\u0131karlar o kadar i\u00e7 i\u00e7e ki, tam kopu\u015f hem maliyeti y\u00fcksek hem de ger\u00e7ek\u00e7i de\u011fil. D\u00fcnya, k\u0131r\u0131lgan ama s\u00fcren bir denge i\u00e7inde ilerliyor.<\/p>\n\n\n\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\"><summary><strong>B\u00fcy\u00fck Sorular<\/strong><\/summary>\n<p><strong>1) ABD\u2013\u00c7in ili\u015fkisinin mevcut durumu nedir?<\/strong><\/p>\n\n\n\n<p>\u0130li\u015fki, klasik \u201ci\u015f birli\u011fi\u201d ya da \u201ca\u00e7\u0131k \u00e7at\u0131\u015fma\u201d tan\u0131mlar\u0131ndan uzakla\u015f\u0131p \u201ckontroll\u00fc kar\u015f\u0131l\u0131kl\u0131 ba\u011f\u0131ml\u0131l\u0131k\u201d d\u00fczeyine geldi. \u0130ki ekonomi g\u00fc\u00e7l\u00fc bi\u00e7imde birbirine ba\u011fl\u0131, ancak taraflar stratejik konularda temkinli ve birbirinden ku\u015fkulu. \u00dcst d\u00fczey g\u00f6r\u00fc\u015fmelerin ana hedefi b\u00fcy\u00fck politika de\u011fi\u015fiklikleri de\u011fil, k\u00fcresel ekonomik istikrar\u0131 korumak.<\/p>\n\n\n\n<p><strong>2) Trump\u2019\u0131n \u00c7in ziyareti k\u00fcresel ekonomi hakk\u0131nda ne g\u00f6sterdi?<\/strong><\/p>\n\n\n\n<p>Ziyaret, siyasi gerilime kar\u015f\u0131 \u00e7ok hassas, birbirine ba\u011fl\u0131 bir k\u00fcresel ekonomiyi g\u00f6r\u00fcn\u00fcr k\u0131ld\u0131. Tam ekonomik ayr\u0131\u015fman\u0131n maliyeti \u00e7ok y\u00fcksek ve uygulanmas\u0131 zor. Bu nedenle iki \u00fclke, hi\u00e7birinin tek ba\u015f\u0131na \u015fart dayatamad\u0131\u011f\u0131 k\u0131r\u0131lgan ama s\u00fcren bir denge i\u00e7inde kal\u0131yor.<\/p>\n\n\n\n<p><strong>3) ABD\u2013\u00c7in dinami\u011fi k\u00fcresel petrol fiyatlar\u0131n\u0131 nas\u0131l etkiler?<\/strong><\/p>\n\n\n\n<p>Stratejik rekabete ra\u011fmen iki \u00fclke, istikrarl\u0131 enerji ak\u0131\u015f\u0131na ortak bi\u00e7imde ba\u011f\u0131ml\u0131. \u00c7in, H\u00fcrm\u00fcz Bo\u011faz\u0131 gibi kritik g\u00fczerg\u00e2hlardan gelen Orta Do\u011fu ithalat\u0131na dayan\u0131yor. ABD ise d\u00fcnyan\u0131n en b\u00fcy\u00fck petrol \u00fcreticisi olsa da, kendi ekonomisi ve enerji sekt\u00f6r\u00fcn\u00fc korumak i\u00e7in k\u00fcresel fiyatlar\u0131n istikrarl\u0131 kalmas\u0131n\u0131 \u00f6nemsiyor.<\/p>\n\n\n\n<p><strong>4) Finansal piyasalar ABD\u2013\u00c7in jeopolitik riskini nas\u0131l fiyatl\u0131yor?<\/strong><\/p>\n\n\n\n<p>Piyasalar kal\u0131c\u0131 bar\u0131\u015ftan \u00e7ok, \u00e7at\u0131\u015fman\u0131n b\u00fcy\u00fcme ihtimalinin azalmas\u0131n\u0131 fiyatl\u0131yor. Bu y\u00fczden petrol fiyatlar\u0131 bant i\u00e7inde kald\u0131, tahvil getirileri yatay seyretti. ABD ve Japon hisse senetleri \u00f6zellikle teknoloji ve ihracata duyarl\u0131 alanlarda y\u00fckselirken, sermaye daha istikrarl\u0131 ve ticarete duyarl\u0131 sekt\u00f6rlere kademeli kay\u0131yor; bu, ani bir yeniden fiyatlama de\u011fil.<\/p>\n<\/details>\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>Piyasalar \u201cb\u00fcy\u00fck anla\u015fma\u201d de\u011fil istikrar ar\u0131yor: ABD-\u00c7in hatt\u0131 i\u015f birli\u011fi\/\u00e7at\u0131\u015fma ikileminden \u00e7\u0131k\u0131p kontroll\u00fc kar\u015f\u0131l\u0131kl\u0131 ba\u011f\u0131ml\u0131l\u0131\u011fa d\u00f6nd\u00fc. Ticaret tansiyonu d\u00fc\u015f\u00fcr\u00fcyor; as\u0131l cephe \u00e7ipler, yapay zek\u00e2 ve \u00e7ok kutuplu d\u00fczen.<\/p>\n","protected":false},"author":87,"featured_media":47066,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[48,51],"tags":[],"class_list":["post-47067","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-learn"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/47067","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=47067"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/47067\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/47066"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=47067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=47067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=47067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}