ABD Dolar Endeksi (DXY), risk i\u015ftah\u0131n\u0131n artmas\u0131 ve g\u00fcvenli liman (belirsizlikte yat\u0131r\u0131mc\u0131lar\u0131n s\u0131\u011f\u0131nd\u0131\u011f\u0131 varl\u0131klar) talebinin zay\u0131flamas\u0131yla 99,10 civar\u0131nda geriledi. ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) toplant\u0131 tutanaklar\u0131, yetkililerin kal\u0131c\u0131 enflasyondan (fiyat art\u0131\u015flar\u0131n\u0131n d\u00fc\u015fmemesi) endi\u015feli oldu\u011funu ve faiz indirimini de\u011ferlendirmeden \u00f6nce daha net kan\u0131t g\u00f6rmek istedi\u011fini g\u00f6sterdi. Bu g\u00f6r\u00fcn\u00fcm, ABD Hazine tahvili getirilerinin (tahvil faizi) dengelenmesine yard\u0131mc\u0131 oldu.<\/p>\n
Haberlere g\u00f6re ABD-\u0130ran g\u00f6r\u00fc\u015fmeleri ilerliyor. Donald Trump, m\u00fczakerelerin \u201cson a\u015famada\u201d oldu\u011funu s\u00f6ylerken anla\u015fmaya var\u0131labilece\u011fini, ancak daha sert ad\u0131mlar\u0131n da m\u00fcmk\u00fcn oldu\u011funu belirtti.<\/p>\n
EUR\/USD, genel dolar zay\u0131fl\u0131\u011f\u0131yla 1,1630\u2019a do\u011fru y\u00fckseldi, GBP\/USD 1,3450 civar\u0131na t\u0131rmand\u0131. USD\/JPY, tahvil getirilerindeki d\u00fc\u015f\u00fc\u015f ve g\u00fcvenli liman talebindeki zay\u0131flamayla 158,80\u2019e do\u011fru geriledi. AUD\/USD, Avustralya istihdam verisi \u00f6ncesinde 0,7160\u2019a yak\u0131n y\u00fckseldi.<\/p>\n
Piyasalar, Avustralya\u2019da Nisan ay\u0131nda \u0130stihdam De\u011fi\u015fimi\u2019nin (ayl\u0131k yeni i\u015f say\u0131s\u0131) yakla\u015f\u0131k 17,5 bin art\u0131\u015f g\u00f6stermesini, i\u015fsizlik oran\u0131n\u0131n (i\u015f arayanlar\u0131n toplam i\u015fg\u00fcc\u00fcne oran\u0131) ise %4,3 olmas\u0131n\u0131 bekliyor. Emtialarda, WTI (ABD tipi ham petrol g\u00f6stergesi) varil ba\u015f\u0131na 98,30 dolara yak\u0131n gerilerken, alt\u0131n 4.550 dolara do\u011fru y\u00fckseldi.<\/p>\n
Yakla\u015fan veriler aras\u0131nda Avustralya enflasyon beklentileri ve i\u015fg\u00fcc\u00fc verileri, Avrupa, Birle\u015fik Krall\u0131k ve ABD\u2019de PMI\u2019lar (sat\u0131n alma y\u00f6neticileri endeksi; ekonomik faaliyet nabz\u0131), ABD konut verileri ve i\u015fsizlik ba\u015fvurular\u0131, Japonya T\u00dcFE (t\u00fcketici fiyat endeksi; enflasyon) yer al\u0131yor. Cuma g\u00fcn\u00fc Almanya GSYH (ekonominin b\u00fcy\u00fckl\u00fc\u011f\u00fc) ve IFO (Almanya i\u015f d\u00fcnyas\u0131 g\u00fcveni), Birle\u015fik Krall\u0131k perakende sat\u0131\u015flar, Kanada perakende sat\u0131\u015flar ve ABD Michigan duyarl\u0131l\u0131\u011f\u0131 ile enflasyon beklentileri a\u00e7\u0131klanacak.<\/p>\n
ABD-\u0130ran anla\u015fmas\u0131 beklentisinin May\u0131s 2025\u2019te WTI ham petrol\u00fc varil ba\u015f\u0131na 98 dolara \u00e7ekmesinin ard\u0131ndan iyimserlik zay\u0131flad\u0131. Jeopolitik tansiyon s\u00fcrse de petrol\u00fcn ana belirleyicisi de\u011fi\u015fti; WTI \u015fu anda k\u00fcresel talebin yava\u015flamas\u0131na ili\u015fkin endi\u015felerle 78 dolar civar\u0131nda. Bu tablo, petrol t\u00fcrevlerinde (vadeli i\u015flem ve opsiyon gibi; fiyat hareketine dayal\u0131 finansal \u00fcr\u00fcnler) Orta Do\u011fu kaynakl\u0131 arz man\u015fetlerinden \u00e7ok talep verilerinin izlenmesi gerekti\u011fine i\u015faret ediyor.<\/p>\n
Bir y\u0131l \u00f6nce alt\u0131n, g\u00fcvenli liman aray\u0131\u015f\u0131yla ons ba\u015f\u0131na 4.550 dolara yakla\u015fm\u0131\u015ft\u0131. O d\u00f6nemki a\u015f\u0131r\u0131 al\u0131m havas\u0131 da\u011f\u0131ld\u0131; alt\u0131n \u015fimdi 2.350 dolar civar\u0131nda daha dengeli bir seviyede. Bu normalle\u015fme, alt\u0131n t\u00fcrevlerinde oda\u011f\u0131n \u201cger\u00e7ek getiri\u201dye (enflasyondan ar\u0131nd\u0131r\u0131lm\u0131\u015f tahvil faizi) ve dolara olan ili\u015fkiye kaymas\u0131 gerekti\u011fini g\u00f6steriyor.<\/p>\n
Euro\u2019nun ge\u00e7en y\u0131l 1,1630\u2019a y\u00fckselmesinde ECB\u2019nin (Avrupa Merkez Bankas\u0131) faiz art\u0131r\u0131m\u0131 ihtimali etkiliydi ve bu ad\u0131m geldi. Ancak parite daha sonra 1,0850 b\u00f6lgesine indi; Fed\u2019in uzun s\u00fcre \u015fahin (faizleri y\u00fcksek tutma e\u011filimli) duru\u015fu ECB ad\u0131mlar\u0131n\u0131n etkisini g\u00f6lgede b\u0131rakt\u0131. Bu \u201cfaiz fark\u0131\u201d (iki \u00fclkenin faizleri aras\u0131ndaki fark) h\u00e2l\u00e2 ABD dolar\u0131n\u0131 destekliyor ve d\u00f6viz opsiyonlar\u0131nda (belirli kurdan al\u0131m-sat\u0131m hakk\u0131 veren s\u00f6zle\u015fmeler) kritik bir unsur.<\/p>\n
Ge\u00e7en y\u0131l Avustralya dolar\u0131 0,7160 seviyesindeydi; i\u015fsizlik %4,3 ile g\u00fc\u00e7l\u00fc i\u015fg\u00fcc\u00fc piyasas\u0131 taraf\u0131ndan destekleniyordu. Avustralya\u2019da i\u015fsizlik Nisan 2026 itibar\u0131yla %4,1\u2019e gerilese de para birimi 0,6650 civar\u0131na zay\u0131flad\u0131. Bu, Avustralya dolar\u0131n\u0131n k\u00fcresel risk i\u015ftah\u0131na ve ABD dolar\u0131n\u0131n g\u00fcc\u00fcne \u00e7ok duyarl\u0131 oldu\u011funu, i\u00e7 verilerin olumlu olmas\u0131n\u0131n her zaman belirleyici olmad\u0131\u011f\u0131n\u0131 g\u00f6steriyor.<\/p>\n","protected":false},"excerpt":{"rendered":"
K\u00fcresel risk i\u015ftah\u0131 g\u00fc\u00e7lendi, DXY 99,10\u2019a indi. Fed tutanaklar\u0131 enflasyon kayg\u0131s\u0131yla indirime sab\u0131r dedi. ABD-\u0130ran g\u00f6r\u00fc\u015fmeleri izleniyor. Euro ve sterlin y\u00fckseldi; alt\u0131n, petrol ve veriler radar alt\u0131nda.<\/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-47128","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\/47128","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=47128"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/47128\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=47128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=47128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=47128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}