{"id":50974,"date":"2026-07-13T06:37:45","date_gmt":"2026-07-13T06:37:45","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/onumuzdeki-hafta-piyasalar-abd-tufe-verisi-oncesinde-iran-riskine-odaklandi\/"},"modified":"2026-07-13T06:37:45","modified_gmt":"2026-07-13T06:37:45","slug":"onumuzdeki-hafta-piyasalar-abd-tufe-verisi-oncesinde-iran-riskine-odaklandi","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/week_ahead\/onumuzdeki-hafta-piyasalar-abd-tufe-verisi-oncesinde-iran-riskine-odaklandi\/","title":{"rendered":"\u00d6n\u00fcm\u00fczdeki Hafta: Piyasalar ABD T\u00dcFE Verisi \u00d6ncesinde \u0130ran Riskine Odakland\u0131"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2026\/07\/codeYmQ5ZTlmN2Y4MmExMTQ5Njk0OTQ2ODRlNzBmMmVlZDVfaTBVV0FSRzdQcklYdDRrSVhNQkFpOEhWa0ZNQ1JIRDJfVG9rZW46VWVqUmJVREM5b0J3NjJ4RzdsaGx0dzFJZ0tBXzE3ODM5MTE1OTY6MTc4MzkxNTE5Nl9WNAampadd_watermarktrueampscene_typeCCM.png\" alt=\"\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Genel Bak\u0131\u015f<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Piyasalar haftaya, Orta Do\u011fu\u2019da yeniden artan jeopolitik gerilimlere ve bunun enflasyon, enerji fiyatlar\u0131 ve genel risk i\u015ftah\u0131 (yat\u0131r\u0131mc\u0131lar\u0131n risk alma e\u011filimi) \u00fczerindeki olas\u0131 etkilerine odaklanarak ba\u015fl\u0131yor.<\/li>\n\n\n\n<li>ABD T\u00dcFE (T\u00fcketici Fiyat Endeksi) ve \u00c7ekirdek T\u00dcFE (enerji ve g\u0131da gibi oynak kalemler hari\u00e7 enflasyon) verileri, Fed\u2019in enflasyon g\u00f6r\u00fcn\u00fcm\u00fcne dair yeni sinyal verecek. Politika yap\u0131c\u0131lar\u0131n a\u00e7\u0131klamalar\u0131 da gelecekteki faiz beklentilerini etkileyebilir.<\/li>\n\n\n\n<li>Petrol, jeopolitik riskin ilk g\u00f6stergesi olmaya devam ediyor. Yat\u0131r\u0131mc\u0131lar, arz kayg\u0131lar\u0131n\u0131n (tedarik endi\u015fesi) alt\u0131n, d\u00f6viz ve hisse piyasalar\u0131na yay\u0131l\u0131p yay\u0131lmad\u0131\u011f\u0131n\u0131 izleyecek.<\/li>\n\n\n\n<li>Alt\u0131n, ham petrol, ABD dolar\u0131 ve ba\u015fl\u0131ca borsa endekslerinde fiyat hareketi yak\u0131ndan izleniyor; piyasalar son geli\u015fmelerin ge\u00e7ici bir \u015fok mu yoksa risk fiyatlamas\u0131nda (riskin yeniden de\u011ferlendirilmesi) daha geni\u015f bir de\u011fi\u015fimin ba\u015flang\u0131c\u0131 m\u0131 oldu\u011funa karar vermeye \u00e7al\u0131\u015f\u0131yor.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Piyasalar \u0130ran Gerilimini Tartarken Enflasyon G\u00fcndemin Merkezinde<\/h2>\n\n\n\n<p>Finansal piyasalar haftaya iki ana ba\u015fl\u0131kla giriyor. Orta Do\u011fu\u2019daki jeopolitik gerilimler, \u0130ran\u2019\u0131 da i\u00e7eren \u00e7at\u0131\u015fmalarla yeniden y\u00fckselirken, yat\u0131r\u0131mc\u0131lar bir yandan da ABD\u2019nin \u00f6nemli enflasyon verilerine haz\u0131rlan\u0131yor. Bu iki geli\u015fme, para politikas\u0131 (merkez bankas\u0131n\u0131n faiz ve likidite kararlar\u0131), <a href=\"https:\/\/www.vtmarkets.com\/discover\/commodity-trading-guide-2026-how-to-trade-commodity-markets-futures\/\">emtia fiyatlar\u0131<\/a> (petrol, alt\u0131n gibi ham madde piyasas\u0131) ve genel piyasa alg\u0131s\u0131 \u00fczerinde belirleyici olabilir.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Oil jumps more than 3% after US, Iran launch strikes in Mideast <a href=\"https:\/\/t.co\/HELQrW21iN\">https:\/\/t.co\/HELQrW21iN<\/a> <a href=\"https:\/\/t.co\/HELQrW21iN\">https:\/\/t.co\/HELQrW21iN<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/x.com\/Reuters\/status\/2076434084901851146?ref_src=twsrc%5Etfw\">July 12, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>\u0130ran\u2019la ilgili son t\u0131rman\u0131\u015f, k\u00fcresel enerji arz\u0131nda (d\u00fcnya geneline petrol tedariki) aksama olas\u0131l\u0131\u011f\u0131na dair endi\u015felerle Brent petrol\u00fc h\u0131zl\u0131 bi\u00e7imde yukar\u0131 itti. Petrol k\u0131sa s\u00fcreli\u011fine 80 ABD dolar\u0131n\u0131n \u00fczerine \u00e7\u0131kt\u0131. Piyasalar, d\u00fcnyan\u0131n en yo\u011fun enerji ta\u015f\u0131mac\u0131l\u0131\u011f\u0131 hatlar\u0131ndan biri olan H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019ndan ge\u00e7en sevkiyatlar\u0131n (deniz yoluyla ta\u015f\u0131ma) riskini fiyatlad\u0131.<\/p>\n\n\n\n<p>Genel piyasa tepkisi ise daha s\u0131n\u0131rl\u0131 kald\u0131. ABD hisse endekslerinde d\u00fc\u015f\u00fc\u015fler s\u0131n\u0131rl\u0131 olurken, teknoloji hisseleri destek vermeyi s\u00fcrd\u00fcrd\u00fc. Alt\u0131n ve d\u00f6viz piyasas\u0131 da, yat\u0131r\u0131mc\u0131lar\u0131n daha sert pozisyon de\u011fi\u015fiklikleri (al\u0131m-sat\u0131m y\u00f6n\u00fcn\u00fc ciddi bi\u00e7imde de\u011fi\u015ftirme) i\u00e7in yeni geli\u015fmeleri beklemesiyle g\u00f6rece sakin seyretti.<\/p>\n\n\n\n<p>Piyasalar jeopolitik riski yok saymaktan ziyade, siyasi man\u015fetlerle ger\u00e7ek arz kesintisi i\u015faretlerini ay\u0131r\u0131yor. Petrol en hassas varl\u0131k; \u00e7\u00fcnk\u00fc sevkiyat hatt\u0131ndaki her sorun, ham petrol arz beklentisini (yak\u0131n vadeli tedarik tahmini) h\u0131zla etkiliyor. Di\u011fer piyasalarda kal\u0131c\u0131 bir \u201criskten ka\u00e7\u0131\u015f\u201d (yat\u0131r\u0131mc\u0131lar\u0131n g\u00fcvenli ara\u00e7lara y\u00f6nelmesi) fiyatlamas\u0131 i\u00e7in daha g\u00fc\u00e7l\u00fc kan\u0131t aran\u0131yor.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">US pain at the pump worsens after more US-Iran fighting lifts oil prices <a href=\"https:\/\/t.co\/Z4nsNDhNw3\">https:\/\/t.co\/Z4nsNDhNw3<\/a> <a href=\"https:\/\/t.co\/Z4nsNDhNw3\">https:\/\/t.co\/Z4nsNDhNw3<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/x.com\/Reuters\/status\/2075686850144981219?ref_src=twsrc%5Etfw\">July 10, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Piyasa Tepkisine Petrolde Liderlik<\/h2>\n\n\n\n<p>Enerji piyasas\u0131 (petrol ve do\u011falgaz gibi \u00fcr\u00fcnler), jeopolitik geli\u015fmelerin en h\u0131zl\u0131 \u00f6l\u00e7\u00fcm arac\u0131 olmay\u0131 s\u00fcrd\u00fcr\u00fcyor.<\/p>\n\n\n\n<p>H\u00fcrm\u00fcz Bo\u011faz\u0131 yak\u0131n\u0131ndaki yeni sald\u0131r\u0131 haberleri, sevkiyat g\u00fcvenli\u011fi ve sigorta maliyetlerine dair endi\u015feleri art\u0131rd\u0131. Petrol ihracat\u0131 tamamen kesilmese bile, navlun (ta\u015f\u0131ma \u00fccreti) ve sigorta primlerindeki art\u0131\u015f zamanla <a href=\"https:\/\/www.vtmarkets.com\/discover\/a-complete-guide-to-vt-markets-energies-trading\/\">k\u00fcresel enerji fiyatlar\u0131n\u0131<\/a> yukar\u0131 \u00e7ekebilir ve enflasyon beklentisini (gelecekte fiyatlar\u0131n ne kadar artaca\u011f\u0131 alg\u0131s\u0131) besleyebilir.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Occidental&#39;s quarterly realized oil prices jump amid Iran war disruption <a href=\"https:\/\/t.co\/p04rkIJlfA\">https:\/\/t.co\/p04rkIJlfA<\/a> <a href=\"https:\/\/t.co\/p04rkIJlfA\">https:\/\/t.co\/p04rkIJlfA<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/x.com\/Reuters\/status\/2075739520402661670?ref_src=twsrc%5Etfw\">July 11, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Bu dalgalanmay\u0131 izleyen yat\u0131r\u0131mc\u0131lar, <a href=\"https:\/\/www.vtmarkets.com\/discover\/how-to-trade-oil\/\">petrol i\u015flemlerinin<\/a> (al\u0131m-sat\u0131m\u0131n) temelini g\u00f6zden ge\u00e7irebilir veya sekt\u00f6r standard\u0131 <a href=\"https:\/\/www.vtmarkets.com\/discover\/crude-oil-guide-prices-trading-what-is-wti-crude\/\">WTI Ham Petrol<\/a> (ABD referans petrol t\u00fcr\u00fc) hakk\u0131nda bilgi edinerek k\u00fcresel arz dinamiklerinin fiyatlar\u0131 nas\u0131l etkiledi\u011fini anlayabilir. Piyasan\u0131n ana sorusu, geli\u015fmelerin k\u0131sa s\u00fcreli aksama m\u0131 yoksa daha uzun bir arz sorununun ba\u015flang\u0131c\u0131 m\u0131 oldu\u011fu. Ta\u015f\u0131ma maliyetleri y\u00fckselmeye devam ederse, enerji fiyatlar\u0131ndaki art\u0131\u015f enflasyon beklentisine yay\u0131labilir; bu da merkez bankas\u0131 kararlar\u0131n\u0131 ve farkl\u0131 varl\u0131k s\u0131n\u0131flar\u0131ndaki (emtia, d\u00f6viz, hisse gibi) pozisyonlar\u0131 etkileyebilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Alt\u0131n ve ABD Dolar\u0131 Yeni Teyit Bekliyor<\/h2>\n\n\n\n<p>Jeopolitik belirsizlik artsa da alt\u0131n\u0131n tepkisi s\u0131n\u0131rl\u0131 kald\u0131.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/discover\/the-ultimate-guide-to-gold-investing-stocks-futures-and-strategies-that-stand-the-test-of-time\/\">G\u00fcvenli liman talebi<\/a> (krizde tercih edilen varl\u0131klara y\u00f6nelim) tek ba\u015f\u0131na kal\u0131c\u0131 y\u00fckseli\u015f getirmeyebilir. Daha g\u00fc\u00e7l\u00fc ABD dolar\u0131 veya daha y\u00fcksek ABD tahvil faizleri (Hazine tahvili getirisi), belirsizlik d\u00f6nemlerinde alt\u0131n\u0131n cazibesini azaltabilir. \u00c7\u00fcnk\u00fc faiz getirmeyen varl\u0131k (kupon veya faiz \u00f6demesi olmayan varl\u0131k) tutman\u0131n \u201cf\u0131rsat maliyeti\u201d (ayn\u0131 paray\u0131 faizde de\u011ferlendirmemenin bedeli) artar.<\/p>\n\n\n\n<p>D\u00f6viz piyasas\u0131nda da denge var. Jeopolitik belirsizlik ABD dolar\u0131na talebi art\u0131rabilir. Ancak petrol fiyatlar\u0131ndaki y\u00fckseli\u015f, enerji ithalat\u00e7\u0131s\u0131 \u00fclkelerde enflasyon riskini b\u00fcy\u00fct\u00fcr ve bu durum b\u00fcy\u00fck para birimlerinde merkez bankalar\u0131n\u0131n i\u015fini zorla\u015ft\u0131r\u0131r.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Fed report cites &#39;stepped-up&#39; inflation due to tariffs, Iran war, AI buildout <a href=\"https:\/\/t.co\/H5B9DOOM01\">https:\/\/t.co\/H5B9DOOM01<\/a> <a href=\"https:\/\/t.co\/H5B9DOOM01\">https:\/\/t.co\/H5B9DOOM01<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/x.com\/Reuters\/status\/2075645055339991393?ref_src=twsrc%5Etfw\">July 10, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>\u015eimdilik yat\u0131r\u0131mc\u0131lar, daha savunmac\u0131 bir duru\u015fa (risk azaltma) ge\u00e7meden \u00f6nce yeni kan\u0131t bekliyor.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Pazartesi A\u00e7\u0131l\u0131\u015f\u0131 Y\u00f6n\u00fc Belirleyebilir<\/h2>\n\n\n\n<p>Yeni haftan\u0131n ilk i\u015flemleri, yat\u0131r\u0131mc\u0131lar\u0131n mevcut risk pozisyonunu (riskli varl\u0131klardaki a\u011f\u0131rl\u0131\u011f\u0131) koruyup korumayaca\u011f\u0131na dair en net sinyali verebilir.<\/p>\n\n\n\n<p>Ham petrol y\u00fckseli\u015fini s\u00fcrd\u00fcr\u00fcr ve bunu kal\u0131c\u0131 hale getirirse, piyasalar son geli\u015fmeleri k\u0131sa s\u00fcreli oynakl\u0131k (ani ini\u015f-\u00e7\u0131k\u0131\u015f) yerine kal\u0131c\u0131 arz riski olarak fiyatlamaya ba\u015flayabilir. Alt\u0131nda daha g\u00fc\u00e7l\u00fc y\u00fckseli\u015f, ABD dolar\u0131nda de\u011ferlenme ve hisse vadeli i\u015flemlerinde (endeksin gelecekteki fiyat\u0131na dair s\u00f6zle\u015fmeler) d\u00fc\u015f\u00fc\u015f birlikte g\u00f6r\u00fcl\u00fcrse, savunma ama\u00e7l\u0131 varl\u0131klara genel talep artt\u0131\u011f\u0131 anla\u015f\u0131l\u0131r.<\/p>\n\n\n\n<p>Tersine, petrol son kazan\u00e7lar\u0131n\u0131 korumakta zorlan\u0131r ve alt\u0131n ile hisse piyasas\u0131 sakin kal\u0131rsa, yat\u0131r\u0131mc\u0131lar gerilimin kontrol alt\u0131nda oldu\u011funu ve kal\u0131c\u0131 ekonomik hasar yaratma olas\u0131l\u0131\u011f\u0131n\u0131n d\u00fc\u015f\u00fck oldu\u011funu d\u00fc\u015f\u00fcnebilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u0130zlenecek \u00dc\u00e7 Piyasa Senaryosu<\/h2>\n\n\n\n<p>Mevcut ko\u015fullar, hafta boyunca \u00fc\u00e7 olas\u0131 yola i\u015faret ediyor.<\/p>\n\n\n\n<p>\u0130lk senaryo, t\u0131rman\u0131\u015f\u0131n s\u0131n\u0131rl\u0131 kalmas\u0131. Bu durumda petrol g\u00fc\u00e7l\u00fc seyreder ama sert bir ralli (h\u0131zl\u0131 ve b\u00fcy\u00fck y\u00fckseli\u015f) yapmaz. Hisse piyasas\u0131 diren\u00e7li kal\u0131r, g\u00fcvenli liman talebi d\u00fc\u015f\u00fck olur. Yat\u0131r\u0131mc\u0131lar geli\u015fmeleri izler ama daha b\u00fcy\u00fck bir jeopolitik kriz fiyatlamaz.<\/p>\n\n\n\n<p>\u0130kinci senaryo, enerjiden kaynakl\u0131 enflasyon \u015foku. Petroldeki kal\u0131c\u0131 y\u00fckseli\u015f, enflasyon beklentisini art\u0131rarak merkez bankalar\u0131 \u00fczerinde bask\u0131 kurabilir ve faize duyarl\u0131 sekt\u00f6rleri (faiz artt\u0131\u011f\u0131nda daha \u00e7ok etkilenen \u015firketler) zorlayabilir. ABD tahvil faizleri de, yat\u0131r\u0131mc\u0131lar enflasyonun daha inat\u00e7\u0131 olaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcn\u00fcrse y\u00fckselebilir.<\/p>\n\n\n\n<p>\u00dc\u00e7\u00fcnc\u00fc senaryo, genel \u201criskten ka\u00e7\u0131\u015f\u201d ortam\u0131. Bu ko\u015fullarda petrol y\u00fckselirken alt\u0131n ve ABD dolar\u0131 da g\u00fc\u00e7lenebilir; hisse piyasalar\u0131nda sat\u0131\u015f bask\u0131s\u0131 artar, piyasa oynakl\u0131\u011f\u0131 h\u0131zlan\u0131r. Bu g\u00f6r\u00fcn\u00fcm, yat\u0131r\u0131mc\u0131lar\u0131n jeopolitik riskin tekil olaylar\u0131n \u00f6tesine ge\u00e7ti\u011fini ve daha geni\u015f bir makroekonomik (genel ekonomi \u00f6l\u00e7e\u011finde) riske d\u00f6n\u00fc\u015ft\u00fc\u011f\u00fcn\u00fc d\u00fc\u015f\u00fcnd\u00fc\u011f\u00fcne i\u015faret eder.<\/p>\n\n\n\n<p>Jeopolitik g\u00fcndem \u00f6nde olsa da, <a href=\"https:\/\/www.vtmarkets.com\/discover\/5-steps-to-trade-forex-on-news-releases\/\">ekonomik veriler<\/a> (enflasyon, b\u00fcy\u00fcme gibi g\u00f6stergeler) h\u0131zla ana belirleyici olabilir. ABD T\u00dcFE\u2019nin y\u0131ll\u0131k bazda (y\/y: ge\u00e7en y\u0131l\u0131n ayn\u0131 ay\u0131na g\u00f6re) <strong>%4,20<\/strong>\u2019den <strong>%3,80<\/strong>\u2019e gerilemesi bekleniyor. \u00c7ekirdek T\u00dcFE\u2019nin ise <strong>%2,90<\/strong>\u2019dan <strong>%2,80<\/strong>\u2019e hafif d\u00fc\u015fece\u011fi \u00f6ng\u00f6r\u00fcl\u00fcyor. Sonu\u00e7lar, hafta i\u00e7indeki yetkili a\u00e7\u0131klamalar\u0131yla birlikte Fed\u2019in politika beklentilerini (faiz patikas\u0131 beklentisi) etkileyecek.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u0130zlenecek Semboller<\/h2>\n\n\n\n<p>USDX | XAUUSD | EURUSD | SP500 | USOIL<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Yakla\u015fan Geli\u015fmeler<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>Tarih<\/td><td>Para Birimi<\/td><td>Veri \/ Etkinlik<\/td><td>Tahmin<\/td><td>\u00d6nceki<\/td><td>Analist Notu<\/td><\/tr><tr><td>14 Tem<\/td><td>USD<\/td><td>\u00c7ekirdek T\u00dcFE y\/y<\/td><td>%2,80<\/td><td>%2,90<\/td><td>\u00c7ekirdek enflasyon, Fed\u2019in yak\u0131ndan izledi\u011fi g\u00f6stergelerden biri; faiz beklentilerini etkileyebilir.<\/td><\/tr><tr><td>14 Tem<\/td><td>USD<\/td><td>T\u00dcFE y\/y<\/td><td>%3,80<\/td><td>%4,20<\/td><td>Daha d\u00fc\u015f\u00fck enflasyon, Fed \u00fczerindeki bask\u0131y\u0131 azaltabilir; daha y\u00fcksek a\u00e7\u0131klama dolar\u0131 destekleyebilir.<\/td><\/tr><tr><td>14 Tem<\/td><td>USD<\/td><td>Fed Ba\u015fkan\u0131 Warsh Konu\u015fuyor<\/td><td>&#8211;<\/td><td>&#8211;<\/td><td>Yat\u0131r\u0131mc\u0131lar, enflasyon ve politika g\u00f6r\u00fcn\u00fcm\u00fcnde de\u011fi\u015fim sinyali arayacak.<\/td><\/tr><tr><td>15 Tem<\/td><td>USD<\/td><td>\u00c7ekirdek \u00dcFE a\/a<\/td><td>%0,30<\/td><td>%0,40<\/td><td>Daha d\u00fc\u015f\u00fck \u00e7ekirdek \u00dcFE (\u00dcretici Fiyat Endeksi; \u00fcretici maliyetleri), enflasyon kayg\u0131s\u0131n\u0131 azaltabilir ve Fed\u2019in sonraki ad\u0131mlar\u0131na dair beklentiyi \u015fekillendirebilir.<\/td><\/tr><tr><td>15 Tem<\/td><td>CAD<\/td><td>Gecelik Faiz Oran\u0131<\/td><td>%2,25<\/td><td>%2,25<\/td><td>Y\u00f6nlendirmede (merkez bankas\u0131n\u0131n ileriye d\u00f6n\u00fck mesaj\u0131) de\u011fi\u015fim, Kanada dolar\u0131nda oynakl\u0131k yaratabilir.<\/td><\/tr><tr><td>16 Tem<\/td><td>GBP<\/td><td>GSYH a\/a<\/td><td>%0,10<\/td><td>-%0,10<\/td><td>GSYH (b\u00fcy\u00fcme) beklentiyi a\u015farsa, \u0130ngiltere ekonomisinin dayan\u0131kl\u0131l\u0131\u011f\u0131na i\u015faret eder ve sterlini destekleyebilir.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Yakla\u015fan ekonomik verilerin tamam\u0131 i\u00e7in VT Markets\u2019in <\/strong><strong><a href=\"https:\/\/www.vtmarkets.com\/economic-calendar\/?utmsource=WMO\">Ekonomik Takvim<\/a><\/strong><strong> sayfas\u0131na bak\u0131n.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Haftan\u0131n \u00d6ne \u00c7\u0131kan Hareketleri<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">USDX<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2026\/07\/codeNDU3OWU1ODI5ZjYzMjJmYTQ4NzY5NGE4Nzg3YjFlOGFfMVZxb3E3bXJWeWZLeTIyTmpmMzY3R2R3RTlFa0tBRlNfVG9rZW46RFhGMmJYQmxYbzFOdUV4Qmd1d2wyMlNyZ1RiXzE3ODM5MTIyNzk6MTc4MzkxNTg3OV9WNAampadd_watermarktrueampscene_typeCCM.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ABD Dolar Endeksi, 101,15 civar\u0131ndaki direnci (yukar\u0131 hareketin zorland\u0131\u011f\u0131 seviye) a\u015famad\u0131; ancak Cuma g\u00fcn\u00fc sat\u0131\u015f bask\u0131s\u0131 azald\u0131.<\/li>\n\n\n\n<li>Momentum (fiyat\u0131n h\u0131z ve g\u00fcc\u00fc) artarsa 100,90 ve 101,15 seviyeleri izlenecek. 100,05 ana destek (d\u00fc\u015f\u00fc\u015fte tutunma seviyesi) konumunda.<\/li>\n\n\n\n<li>Daha g\u00fc\u00e7l\u00fc bir T\u00dcFE, al\u0131c\u0131lar\u0131 direnci yeniden test etmeye te\u015fvik edebilir.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">EURUSD<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2026\/07\/codeOTdmZDM0MTYyYjdlNTRkN2U4MDc0ZmFjNDI2NDEzY2JfV3puQTZsR2Z3YU9UN3JFMkkwNjFraXpUYjJhMzlkbFlfVG9rZW46SkdUNmJDa2xUb3FYT3d4TWxnaWxxNDdNZ3pnXzE3ODM5MTIyNzk6MTc4MzkxNTg3OV9WNAampadd_watermarktrueampscene_typeCCM.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>EURUSD, <strong>1,1410<\/strong> destek b\u00f6lgesinden toparland\u0131; ancak y\u00fckseli\u015f g\u00fcc\u00fc s\u0131n\u0131rl\u0131 kald\u0131.<\/li>\n\n\n\n<li>Yak\u0131n destek <strong>1,1380<\/strong> civar\u0131nda. <strong>1,1510<\/strong> ise sat\u0131c\u0131lar\u0131n yeniden devreye girebilece\u011fi b\u00f6lge.<\/li>\n\n\n\n<li>ABD enflasyon verisi sonras\u0131 dolar\u0131n g\u00fc\u00e7lenmesi, paritenin d\u00fc\u015f\u00fc\u015f\u00fc s\u00fcrd\u00fcr\u00fcp s\u00fcrd\u00fcrmeyece\u011fini veya toparlan\u0131p toparlanmayaca\u011f\u0131n\u0131 belirleyebilir.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>USOIL<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2026\/07\/codeY2Q3N2VhMTc3ZjQ1Mjc0YTFiOWUxZmVkZmQyYmU4YTlfMEFyOGhMOXZkdzNhY2o1Qm1MMGV3bWtlRlBLVTU4amJfVG9rZW46VWxyeWJjckVQb3NiU054N2tmdGxXdHFBZ2ZiXzE3ODM5MTIyNzk6MTc4MzkxNTg3OV9WNAampadd_watermarktrueampscene_typeCCM.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Ham petrol, jeopolitik geli\u015fmelere ra\u011fmen <strong>75,75<\/strong> diren\u00e7 b\u00f6lgesinden geri \u00e7ekilmeyi s\u00fcrd\u00fcrd\u00fc.<\/li>\n\n\n\n<li>Arz kayg\u0131s\u0131 artarsa <strong>78,10<\/strong>\u2019a do\u011fru d\u00f6n\u00fc\u015f, al\u0131m i\u015ftah\u0131n\u0131n canland\u0131\u011f\u0131na i\u015faret edebilir.<\/li>\n\n\n\n<li>Gerilim artarsa, haber ak\u0131\u015f\u0131 teknik seviyelerin (grafik seviyeleri) \u00f6n\u00fcne ge\u00e7ebilir.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>XAUUSD (Alt\u0131n)<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2026\/07\/codeOTMwNGM1OTgyMGI2MDY1NjgzMGQ2NmUzMjI4NGU3NzBfdzlGQzZnSmdSUVFtVXV6dHBmRG1WQmJyNWY3cmpGV2lfVG9rZW46QTJRWGIySlpNb3F3VWJ4NnZtb2w0OUdBZzBiXzE3ODM5MTIyNzk6MTc4MzkxNTg3OV9WNAampadd_watermarktrueampscene_typeCCM.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Alt\u0131n, jeopolitik geli\u015fmeler ve enflasyon beklentisi izlenirken y\u00fckseli\u015fini s\u00fcrd\u00fcrd\u00fc.<\/li>\n\n\n\n<li>Teknik diren\u00e7 <strong>4155<\/strong> civar\u0131nda. Bu b\u00f6lgede s\u0131k\u0131\u015fma (yatay hareket), bir sonraki y\u00f6n\u00fc belirleyebilir.<\/li>\n\n\n\n<li>Son desteklerin \u00fczerinde kal\u0131c\u0131l\u0131k, g\u00fcvenli liman talebi artarsa yeni bir y\u00fckseli\u015f denemesini destekleyebilir.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">SP500<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2026\/07\/image-7-1024x575.png\" alt=\"\" class=\"wp-image-61620\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>S&amp;P 500, jeopolitik belirsizli\u011fe ra\u011fmen g\u00fc\u00e7l\u00fc kald\u0131.<\/li>\n\n\n\n<li><strong>7594<\/strong>, haftan\u0131n kritik teknik seviyesi.<\/li>\n\n\n\n<li>Direncin \u00fczerinde kal\u0131c\u0131 kapan\u0131\u015f, ek al\u0131mlar\u0131 \u00e7ekebilir. Daha g\u00fc\u00e7l\u00fc enflasyon veya daha y\u00fcksek petrol fiyat\u0131 ise alg\u0131y\u0131 bozabilir.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Sonu\u00e7<\/h2>\n\n\n\n<p>Piyasalar haftaya jeopolitik belirsizlik ile enflasyon beklentisi aras\u0131nda denge arayarak ba\u015fl\u0131yor. Risk alg\u0131s\u0131nda (piyasan\u0131n risk i\u015ftah\u0131) \u00f6nc\u00fc g\u00f6sterge ham petrol. Son geli\u015fmelerin daha geni\u015f bir piyasa hareketine d\u00f6n\u00fc\u015f\u00fcp d\u00f6n\u00fc\u015fmeyece\u011fi; enerji fiyatlar\u0131n\u0131n dayan\u0131kl\u0131l\u0131\u011f\u0131na, g\u00fcvenli liman varl\u0131klar\u0131n\u0131n tepkisine ve ABD enflasyon verisine ba\u011fl\u0131 olacak. Yat\u0131r\u0131mc\u0131lar\u0131n ABD T\u00dcFE\u2019yi, Fed yetkililerinin a\u00e7\u0131klamalar\u0131n\u0131 ve Orta Do\u011fu\u2019daki deniz sevkiyat hatlar\u0131na ili\u015fkin geli\u015fmeleri yak\u0131ndan izlemesi gerekiyor; bu ba\u015fl\u0131klar hafta boyunca emtia, d\u00f6viz ve k\u00fcresel borsalarda fiyatlar\u0131 belirleyebilir.<\/p>\n\n\n\n<p><strong>Bug\u00fcn <\/strong><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/?utmsource=WMO\">VT Markets hesab\u0131<\/a><\/strong><strong> a\u00e7arak piyasa analizleri ve e\u011fitim i\u00e7erikleri dahil platform \u00f6zelliklerine eri\u015fin.<\/strong><\/p>\n\n\n\n<p>SSS<\/p>\n\n\n\n<p><strong>Bu hafta k\u00fcresel finans piyasalar\u0131n\u0131 hangi ana fakt\u00f6rler y\u00f6nlendiriyor?<\/strong><\/p>\n\n\n\n<p>Piyasalar, \u0130ran kaynakl\u0131 jeopolitik gerilim ile ABD enflasyon verisi beklentisini birlikte fiyatl\u0131yor.<\/p>\n\n\n\n<p><strong>Yakla\u015fan ABD T\u00dcFE verisi i\u00e7in beklentiler nedir?<\/strong><\/p>\n\n\n\n<p>Man\u015fet T\u00dcFE\u2019nin (genel enflasyon) %4,20\u2019den %3,80\u2019e gerilemesi, \u00e7ekirdek T\u00dcFE\u2019nin ise %2,90\u2019dan %2,80\u2019e d\u00fc\u015fmesi bekleniyor.<\/p>\n\n\n\n<p><strong>Jeopolitik riskte piyasan\u0131n tepkisine neden ham petrol liderlik ediyor?<\/strong><\/p>\n\n\n\n<p>Petrol, en h\u0131zl\u0131 g\u00f6sterge \u00e7\u00fcnk\u00fc H\u00fcrm\u00fcz Bo\u011faz\u0131 \u00e7evresindeki olas\u0131 aksamalar, yak\u0131n vadeli ham petrol arz\u0131n\u0131 do\u011frudan etkiler; navlun ve sigorta maliyetlerini art\u0131r\u0131r.<\/p>\n\n\n\n<p><strong>Belirsizli\u011fe ra\u011fmen alt\u0131n neden s\u0131n\u0131rl\u0131 tepki veriyor?<\/strong><\/p>\n\n\n\n<p>G\u00fcvenli liman talebi, g\u00fc\u00e7l\u00fc dolar ve y\u00fcksek ABD tahvil faizleriyle dengeleniyor. Bu da faiz getirmeyen alt\u0131n tutman\u0131n f\u0131rsat maliyetini art\u0131r\u0131yor.<\/p>\n\n\n\n<p><strong>Yat\u0131r\u0131mc\u0131lar\u0131n izlemesi gereken \u00fc\u00e7 senaryo nedir?<\/strong><\/p>\n\n\n\n<p>Gerilimin s\u0131n\u0131rl\u0131 kald\u0131\u011f\u0131 ve hisselerin g\u00fc\u00e7l\u00fc seyretti\u011fi senaryo; petrol kaynakl\u0131 enflasyon \u015fokunun merkez bankalar\u0131n\u0131 zorlad\u0131\u011f\u0131 senaryo; riskten ka\u00e7\u0131\u015f\u0131n artt\u0131\u011f\u0131, alt\u0131n ve dolar\u0131n y\u00fckselirken hisselerin sat\u0131\u015f yedi\u011fi senaryo.<\/p>\n\n\n\n\n<p><b>Hemen i\u015flem yapmaya ba\u015flay\u0131n \u2014 ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in <a href=\"https:\/\/www.vtmarkets.com\/tr-mena\/trade-now\">buraya<\/a> t\u0131klay\u0131n.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"<p>Piyasalar yeni haftaya \u0130ran gerilimi ve ABD T\u00dcFE beklentisiyle giriyor: petrol 80$ \u00fcst\u00fcn\u00fc test etti. Enflasyon sinyali Fed\u2019i, dolar-alt\u0131n-hisseleri y\u00f6nlendirecek; H\u00fcrm\u00fcz riskine dikkat.<\/p>\n","protected":false},"author":87,"featured_media":50973,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[73],"tags":[],"class_list":["post-50974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-week_ahead"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/50974","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=50974"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/50974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/50973"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=50974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=50974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=50974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}