{"id":51231,"date":"2026-07-20T06:40:59","date_gmt":"2026-07-20T06:40:59","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/onumuzdeki-hafta-fed-stratejisi-evrilirken-piyasalar-enflasyona-odaklaniyor\/"},"modified":"2026-07-20T06:40:59","modified_gmt":"2026-07-20T06:40:59","slug":"onumuzdeki-hafta-fed-stratejisi-evrilirken-piyasalar-enflasyona-odaklaniyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/featured\/onumuzdeki-hafta-fed-stratejisi-evrilirken-piyasalar-enflasyona-odaklaniyor\/","title":{"rendered":"\u00d6n\u00fcm\u00fczdeki Hafta: Fed Stratejisi Evrilirken Piyasalar Enflasyona Odaklan\u0131yor"},"content":{"rendered":"<p><\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2026\/07\/image-9-1024x559.png\" alt=\"\" class=\"wp-image-62087\"\/><\/figure>\n<p><\/p>\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, enflasyondaki d\u00fc\u015f\u00fc\u015f\u00fcn ABD\u2019de faizlerin ileride indirilebilmesine alan a\u00e7\u0131p a\u00e7mayaca\u011f\u0131n\u0131; bunu yaparken de ABD Merkez Bankas\u0131\u2019n\u0131n (Fed) enflasyonla m\u00fccadele hedefinin zay\u0131flay\u0131p zay\u0131flamayaca\u011f\u0131n\u0131 tart\u0131yor.<\/li>\n\n\n\n<li>Bu haftan\u0131n takviminde Kanada, Yeni Zelanda ve Birle\u015fik Krall\u0131k enflasyon verileri \u00f6ne \u00e7\u0131k\u0131yor; Avrupa Merkez Bankas\u0131\u2019n\u0131n (ECB) bas\u0131n toplant\u0131s\u0131 da yak\u0131ndan izlenecek.<\/li>\n\n\n\n<li>Alt\u0131n, ABD dolar\u0131 ve ba\u015fl\u0131ca d\u00f6viz pariteleri, anl\u0131k faiz kararlar\u0131ndan \u00e7ok \u201cpara politikas\u0131\u201d (merkez bankas\u0131n\u0131n faiz ve likidite ayarlar\u0131) beklentileriyle y\u00f6n buluyor.<\/li>\n\n\n\n<li>Yat\u0131r\u0131mc\u0131lar, gelecek haftaki FOMC a\u00e7\u0131klamas\u0131 (Fed\u2019in faiz karar\u0131n\u0131 duyurdu\u011fu metin), ABD GSYH (ekonomik b\u00fcy\u00fcme) ve \u00c7ekirdek PCE enflasyonu (Fed\u2019in yak\u0131ndan izledi\u011fi, oynak kalemlerin ay\u0131kland\u0131\u011f\u0131 enflasyon g\u00f6stergesi) \u00f6ncesinde kritik teknik seviyelerin korunup korunmad\u0131\u011f\u0131n\u0131 izlemeli.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Kevin Warsh\u2019\u0131n Para Politikas\u0131 Stratejisi Netle\u015fiyor<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Ge\u00e7en hafta, yat\u0131r\u0131mc\u0131lara Fed Ba\u015fkan\u0131 Kevin Warsh\u2019\u0131n y\u0131l\u0131n ikinci yar\u0131s\u0131nda para politikas\u0131n\u0131 nas\u0131l y\u00f6nlendirece\u011fini g\u00f6rme f\u0131rsat\u0131 verdi. Bir sonraki faiz karar\u0131na dair net sinyal vermek yerine Warsh esnekli\u011fi \u00f6ne \u00e7\u0131kard\u0131. Mesaj net: Politika, \u00f6nceden ilan edilmi\u015f bir yol haritas\u0131na de\u011fil, gelen ekonomik verilere ba\u011fl\u0131 olacak.<\/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\">Bond traders and Federal Reserve Chairman Kevin Warsh are in agreement on a crucial point: The central bank\u2019s fight against inflation still seems far from over. <a href=\"https:\/\/t.co\/rdQmZFGUwW\">https:\/\/t.co\/rdQmZFGUwW<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/x.com\/business\/status\/2078890151753683006?ref_src=twsrc%5Etfw\">July 19, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Bu yakla\u015f\u0131m, Fed\u2019in \u00f6nceki ileti\u015fiminden farkl\u0131. Son toplant\u0131larda politika metinleri k\u0131sald\u0131, projeksiyonlar (tahminler) azald\u0131, \u201cileri y\u00f6nlendirme\u201d (merkez bankas\u0131n\u0131n gelece\u011fe d\u00f6n\u00fck a\u00e7\u0131k y\u00f6nlendirmesi) zay\u0131flad\u0131. Piyasay\u0131 belirli bir patikaya haz\u0131rlamak yerine, enflasyon ve ekonomik aktivite de\u011fi\u015ftik\u00e7e hareket alan\u0131n\u0131 koruma iste\u011fi \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u00d6ncelik H\u00e2l\u00e2 Enflasyon<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Fiyat bask\u0131lar\u0131 zirveye k\u0131yasla belirgin bi\u00e7imde azalsa da enflasyon h\u00e2l\u00e2 Fed\u2019in uzun vadeli hedefi olan %2\u2019nin \u00fczerinde. Warsh, fiyat istikrar\u0131na (enflasyonun d\u00fc\u015f\u00fck ve \u00f6ng\u00f6r\u00fclebilir olmas\u0131) g\u00fcven geri gelmeden daha \u201cgev\u015fek\u201d bir duru\u015fa (faizi indirme veya finansal ko\u015fullar\u0131 rahatlatma) ge\u00e7menin erken oldu\u011funu vurguluyor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fed\u2019in yakla\u015f\u0131m\u0131, agresif ad\u0131mlarla bor\u00e7lanma maliyetini h\u0131zla d\u00fc\u015f\u00fcrmekten \u00e7ok, enflasyon beklentilerinin (hanehalk\u0131 ve \u015firketlerin gelecekte enflasyonun nerede olaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnmesi) kendili\u011finden iyile\u015fmesine dayan\u0131yor. \u015eirketler, haneler ve yat\u0131r\u0131mc\u0131lar enflasyonun %2\u2019ye d\u00f6nd\u00fc\u011f\u00fcne daha \u00e7ok inan\u0131rsa, finansal ko\u015fullar (faizler, krediye eri\u015fim, risk i\u015ftah\u0131) Fed\u2019in \u201cg\u00fcvenilirli\u011fini\u201d (s\u00f6z\u00fcn\u00fcn piyasa taraf\u0131ndan ciddiye al\u0131nmas\u0131) zedelemeden zamanla gev\u015feyebilir.<\/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 Chair Kevin Warsh said Tuesday the drop in US consumer prices in June does not mean &quot;mission accomplished&quot; on inflation.<br><br>He promised Congress the central bank will deliver price stability and said policymakers have no tolerance for high inflation <a href=\"https:\/\/t.co\/eNTIVhaZ9g\">https:\/\/t.co\/eNTIVhaZ9g<\/a> <a href=\"https:\/\/t.co\/0XmqtdtKMc\">pic.twitter.com\/0XmqtdtKMc<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/x.com\/business\/status\/2077069321990258820?ref_src=twsrc%5Etfw\">July 14, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Warsh ayr\u0131ca ge\u00e7ici fiyat \u015foklar\u0131 (\u00f6rne\u011fin enerji fiyat\u0131ndaki k\u0131sa s\u00fcreli s\u0131\u00e7rama) ile daha geni\u015f tabanl\u0131 enflasyon aras\u0131nda ayr\u0131m yapmaya a\u00e7\u0131k g\u00f6r\u00fcn\u00fcyor. Enerji ya da teknoloji maliyetlerindeki art\u0131\u015f tek ba\u015f\u0131na yeterli olmayabilir; ancak bu art\u0131\u015flar \u00fccretlere, hizmet enflasyonuna ve uzun vadeli enflasyon beklentilerine yay\u0131l\u0131rsa daha s\u0131k\u0131 politika gerekebilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Faizlerin \u00d6tesi<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Warsh\u2019\u0131n stratejisinde bir di\u011fer ba\u015fl\u0131k Fed\u2019in bilan\u00e7osu. Y\u0131llar s\u00fcren \u201cparasal geni\u015fleme\u201d (quantitative easing: merkez bankas\u0131n\u0131n piyasadan tahvil alarak sisteme para\/li\u0307ki\u0307di\u0307te vermesi) sonras\u0131 Fed\u2019in elinde trilyonlarca dolarl\u0131k devlet tahvili birikti. Bu varl\u0131klar\u0131 zaman i\u00e7inde azaltmak (bilan\u00e7o k\u00fc\u00e7\u00fcltme), ileride faiz indirimleri gelse bile politikan\u0131n s\u0131k\u0131 kalmas\u0131na yard\u0131mc\u0131 olabilir; yani sadece politika faizine (merkez bankas\u0131n\u0131n k\u0131sa vadeli ana faizi) ba\u011fl\u0131 kalmadan s\u0131k\u0131l\u0131k korunabilir.<\/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\">Federal Reserve Chairman Kevin Warsh said policymakers at the central bank have no tolerance for high inflation, reiterating a vow to tame price growth that has been elevated for five years. <a href=\"https:\/\/t.co\/mkQlTFnbGb\">https:\/\/t.co\/mkQlTFnbGb<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/x.com\/business\/status\/2077009439786230099?ref_src=twsrc%5Etfw\">July 14, 2026<\/a><\/blockquote><script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Verimlilik (ayn\u0131 kaynakla daha \u00e7ok \u00fcretim) de Fed\u2019in g\u00f6r\u00fcn\u00fcm\u00fcnde daha \u00f6nemli hale geliyor. Yapay zek\u00e2, otomasyon ve altyap\u0131 yat\u0131r\u0131mlar\u0131 \u00fcretimi art\u0131rabilir, uzun vadede enflasyon bask\u0131s\u0131n\u0131 azaltabilir.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bu ba\u015fl\u0131klar, Fed\u2019in politika \u00e7er\u00e7evesini (hedefler ve ara\u00e7lar seti) g\u00f6zden ge\u00e7irmesiyle birlikte, meselenin sadece \u201cfaiz ne zaman iner\/\u00e7\u0131kar\u201d olmad\u0131\u011f\u0131n\u0131; para politikas\u0131n\u0131n nas\u0131l anlat\u0131ld\u0131\u011f\u0131 ve uyguland\u0131\u011f\u0131n\u0131n da yeniden \u015fekillendi\u011fini g\u00f6steriyor.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Yo\u011fun Haftada Enflasyon Verileri \u00d6ne \u00c7\u0131k\u0131yor<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Dikkat \u015fimdi b\u00fcy\u00fck ekonomilerden gelecek yeni enflasyon verilerine \u00e7evrildi.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Haftaya Kanada ayl\u0131k T\u00dcFE (CPI: t\u00fcketici fiyat endeksi, enflasyonu \u00f6l\u00e7er) verisiyle ba\u015flan\u0131yor. Ard\u0131ndan Yeni Zelanda\u2019n\u0131n \u00e7eyreklik enflasyon raporu gelecek. Hafta ortas\u0131nda Birle\u015fik Krall\u0131k T\u00dcFE izlenecek; g\u00f6zler per\u015fembe g\u00fcn\u00fc ECB bas\u0131n toplant\u0131s\u0131na d\u00f6necek.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bu veriler ABD para politikas\u0131n\u0131 do\u011frudan belirlemese de k\u00fcresel faiz beklentilerini ve merkez bankalar\u0131n\u0131n ayn\u0131 y\u00f6nde hareket etme ihtimalini (e\u015fg\u00fcd\u00fcm) etkiliyor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Piyasalar ayr\u0131ca gelecek haftaki ABD g\u00fcndemi \u00f6ncesinde pozisyon almaya ba\u015flayacak: FOMC a\u00e7\u0131klamas\u0131, \u00f6nc\u00fc GSYH (ilk a\u00e7\u0131klanan b\u00fcy\u00fcme verisi) ve \u00c7ekirdek PCE enflasyonu. Bu veriler, 2026\u2019n\u0131n kalan\u0131na dair faiz beklentilerini etkileyebilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u0130zlenecek 3 Senaryo<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Bu hafta, yat\u0131r\u0131mc\u0131lar\u0131n enflasyon verileri ve gelecek faiz beklentilerini de\u011ferlendirmesiyle \u00fc\u00e7 olas\u0131 senaryo \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1) Enflasyon d\u00fc\u015fmeye devam ederse: Daha zay\u0131f veriler, merkez bankalar\u0131n\u0131n gev\u015femeye yakla\u015ft\u0131\u011f\u0131 beklentisini g\u00fc\u00e7lendirebilir. Bu durum alt\u0131n\u0131 desteklerken ABD dolar\u0131n\u0131 bask\u0131layabilir.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2) Enflasyon yap\u0131\u015fkan kal\u0131rsa: Beklentiden g\u00fc\u00e7l\u00fc veriler, faiz indirimi beklentisini \u00f6teleyebilir. Bu da ABD dolar\u0131n\u0131 destekleyip alt\u0131n ve di\u011fer riskli varl\u0131klar (hisse senedi gibi dalgalanmas\u0131 y\u00fcksek varl\u0131klar) \u00fczerinde bask\u0131 yaratabilir.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3) Teknik k\u0131r\u0131lmalar: Gelecek haftaki FOMC toplant\u0131s\u0131 yakla\u015f\u0131rken, Alt\u0131n, ABD Dolar Endeksi ve S&amp;P 500\u2019\u00fcn kritik seviyeleri a\u015f\u0131p a\u015fmad\u0131\u011f\u0131 izlenmeli. \u201cTeknik k\u0131r\u0131lma\u201d (fiyat\u0131n \u00f6nemli destek\/diren\u00e7 seviyesini ge\u00e7mesi) y\u00f6n\u00fc h\u0131zland\u0131rabilir.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u0130zlenecek Ba\u015fl\u0131ca Semboller<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">USDX | XAUUSD | EURUSD | SP500 | BTCUSD<\/p>\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\/Olay<\/td><td>Tahmin<\/td><td>\u00d6nceki<\/td><td>Analist Notu<\/td><\/tr><tr><td>20 Tem<\/td><td>CAD<\/td><td>T\u00dcFE ayl\u0131k (m\/m: bir \u00f6nceki aya g\u00f6re de\u011fi\u015fim)<\/td><td>-0.20%<\/td><td>1.00%<\/td><td>Daha zay\u0131f enflasyon, Kanada dolar\u0131n\u0131 bask\u0131layabilir; daha gev\u015fek politika beklentisini g\u00fc\u00e7lendirebilir.<\/td><\/tr><tr><td>21 Tem<\/td><td>NZD<\/td><td>T\u00dcFE y\u0131ll\u0131k (y\/y: bir \u00f6nceki y\u0131l\u0131n ayn\u0131 ay\u0131na g\u00f6re)<\/td><td>1.50%<\/td><td>0.90%<\/td><td>Enflasyonun y\u00fcksek gelmesi, fiyat bask\u0131lar\u0131 s\u00fcr\u00fcyorsa Yeni Zelanda dolar\u0131n\u0131 destekleyebilir.<\/td><\/tr><tr><td>22 Tem<\/td><td>GBP<\/td><td>T\u00dcFE y\u0131ll\u0131k<\/td><td>2.70%<\/td><td>2.80%<\/td><td>Enflasyonun so\u011fumas\u0131, \u0130ngiltere Merkez Bankas\u0131\u2019n\u0131n ileride faiz indirimine gidebilece\u011fi beklentisini art\u0131rabilir.<\/td><\/tr><tr><td>23 Tem<\/td><td>EUR<\/td><td>Ana refinansman faizi (ECB\u2019nin bankalara bor\u00e7 verdi\u011fi temel faiz)<\/td><td>2.40%<\/td><td>2.40%<\/td><td>Piyasa ECB\u2019nin faizi sabit tutmas\u0131n\u0131 bekliyor. Ancak toplant\u0131 sonras\u0131 mesajlarda (politika y\u00f6nlendirmesi) de\u011fi\u015fim, euro ve Avrupa borsalar\u0131nda sert oynakl\u0131k yaratabilir.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><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\/codeZWUwN2JkMWY1ZTVlNWM2MjA0NGIzY2Y4OWY2ZTc3NWNfS3lheTBGQzFieFNvdk5kTjczMnRFaWRlcUxYUjZQTUdfVG9rZW46UnhHb2JZV29Rb09mNnh4STlHcWxWY203Z2JtXzE3ODQ1MjEzMzM6MTc4NDUyNDkzM19WNAampadd_watermarktrueampscene_typeCCM.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ABD Dolar Endeksi 100.05 b\u00f6lgesinden g\u00fc\u00e7l\u00fc toparland\u0131.<\/li>\n\n\n\n<li>Fiyat \u00f6nce 100.75\u2019i hedefliyor; ard\u0131ndan 101.05 g\u00fcndeme gelebilir.<\/li>\n\n\n\n<li>Enflasyon diren\u00e7li kal\u0131rsa dolar g\u00fcc\u00fc s\u00fcrebilir.<\/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\/codeYTkwMjk4ODk5ZGM5NjJmOGZiYmVkZGRjOTMwOTE1Y2ZfdGhSTGNuZ1B4S3RPejk3WENoWXAxNndyM1JvRWhPM05fVG9rZW46SFo2bGJrbkcwbzVxaVp4dWlVcWxwWVRnZ1RiXzE3ODQ1MjEzMzM6MTc4NDUyNDkzM19WNAampadd_watermarktrueampscene_typeCCM.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>EURUSD, daha geni\u015f \u00f6l\u00e7ekte d\u00fc\u015f\u00fc\u015f e\u011filimi i\u00e7inde hareket etmeyi s\u00fcrd\u00fcrd\u00fc.<\/li>\n\n\n\n<li>1.1415 civar\u0131ndaki destek, ilk a\u015fa\u011f\u0131 hedef olarak izleniyor.<\/li>\n\n\n\n<li>1.1510\u2019a do\u011fru ba\u015far\u0131s\u0131z y\u00fckseli\u015fler, yeniden sat\u0131\u015f f\u0131rsat\u0131 yaratabilir.<\/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\/codeZTRkZDBjNTEwYWJmYjljOGE0YjhiZGUwMzQ3NzllYzRfWWMwYXlqbnMzbWNWbkN0UmpEYnhjaXc4bnpSMmhVak9fVG9rZW46WVQ1aGJTaUtMbzd3Tm54T1AyNGxpaHB0ZzNjXzE3ODQ1MjEzMzM6MTc4NDUyNDkzM19WNAampadd_watermarktrueampscene_typeCCM.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ABD ham petrol\u00fc, 81.10 deste\u011finin \u00fczerinde tutunarak y\u00fckseli\u015f trendine d\u00f6nd\u00fc; 76.15 seviyesi yeniden test edilmedi.<\/li>\n\n\n\n<li>Y\u00fckseli\u015fin s\u00fcrmesi halinde 85.75 civar\u0131ndaki direncin test edilmesi g\u00f6r\u00fclebilir.<\/li>\n\n\n\n<li>Deste\u011fin \u00fczerinde kal\u0131c\u0131l\u0131k, y\u00fckseli\u015f g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc g\u00fc\u00e7lendirir.<\/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\/codeYjBmYTJmMDJiMDkwYzg2ZWE5ODZiYzEyYzFhZTFlZDZfSHJFR3RZTGVlYlUyclp2cGczbGlyVlVyRUtSU3h4UEVfVG9rZW46Skp6UWJINGlub2V1VEV4NkNoN2xIMWFaZ0tlXzE3ODQ1MjEzMzM6MTc4NDUyNDkzM19WNAampadd_watermarktrueampscene_typeCCM.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Alt\u0131n, \u00f6nceki zay\u0131fl\u0131\u011f\u0131n ard\u0131ndan 3960 civar\u0131nda destek bularak toparland\u0131.<\/li>\n\n\n\n<li>Fiyat destek \u00fczerinde kald\u0131k\u00e7a g\u00f6r\u00fcn\u00fcm olumlu; bir sonraki \u00fcst seviye 4060.<\/li>\n\n\n\n<li>ABD faiz beklentilerindeki de\u011fi\u015fim, ana belirleyici olmaya devam edebilir.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">SP500<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2026\/07\/codeOTExMGQwNmUyNGQ5NTk5NDM2ZmRiM2U4ODhhZDAwOTlfZENIeHo3R1ZuYVJNQ0dsVHh2eHZzQjFBOEdtTFBTSlRfVG9rZW46SDV0M2JpOUx4b1RLZHF4RmhNS2xVZmV0Z1VoXzE3ODQ1MjEzMzM6MTc4NDUyNDkzM19WNAampadd_watermarktrueampscene_typeCCM.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Endeks 7594\u2019\u00fcn \u00fczerine \u00e7\u0131kamad\u0131 ve 7455\u2019e do\u011fru geri \u00e7ekildi.<\/li>\n\n\n\n<li>7428\u2019in alt\u0131na kal\u0131c\u0131 ge\u00e7i\u015f, a\u015fa\u011f\u0131 y\u00f6nl\u00fc ivmeyi art\u0131rabilir.<\/li>\n\n\n\n<li>Hisse yat\u0131r\u0131mc\u0131lar\u0131, enflasyon verileriyle birlikte Hazine tahvil getirilerini (devlet tahvili faizi) izlemeli.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">BTCUSD<\/h3>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/wp-content\/uploads\/2026\/07\/codeNTg1MWIwMGJmYmRlMTQ2NmUyM2QxMzc2YTM3NmI5ZWJfQVA2czFPUTgwdWMzTXFJRUxWVEhndWNZZko0N3F2eTlfVG9rZW46QVp4bmJxdnhtb0ZZZER4WTRYNGxTUEdTZ3BjXzE3ODQ1MjEzMzM6MTc4NDUyNDkzM19WNAampadd_watermarktrueampscene_typeCCM.png\" alt=\"\"\/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bitcoin, son sat\u0131\u015f bask\u0131s\u0131n\u0131n ard\u0131ndan yukar\u0131 d\u00f6nd\u00fc.<\/li>\n\n\n\n<li>65720 civar\u0131 diren\u00e7; 63920 ana destek olarak \u00f6ne \u00e7\u0131k\u0131yor.<\/li>\n\n\n\n<li>Makro veriler risk alg\u0131s\u0131n\u0131 (piyasan\u0131n riskli varl\u0131klara yakla\u015f\u0131m\u0131) \u015fekillendirdik\u00e7e oynakl\u0131k artabilir.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Sonu\u00e7<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Piyasalar haftaya, iyile\u015fen enflasyon e\u011filimi ile \u201cerken zafer\u201d ilan etmek istemeyen merkez bankalar\u0131 aras\u0131ndaki dengeyle ba\u015fl\u0131yor. Warsh\u2019\u0131n esneklik, g\u00fcvenilirlik ve verimlilik vurgusu, kararlar\u0131n \u00f6nceden yaz\u0131lm\u0131\u015f bir plana de\u011fil verilere ba\u011fl\u0131 kalaca\u011f\u0131n\u0131 g\u00f6steriyor. Kanada, Yeni Zelanda ve Birle\u015fik Krall\u0131k\u2019tan gelecek enflasyon verileri ile ECB bas\u0131n toplant\u0131s\u0131n\u0131n, gelecek haftaki FOMC a\u00e7\u0131klamas\u0131, ABD GSYH ve \u00c7ekirdek PCE \u00f6ncesinde fiyatlamalar\u0131 etkilemesi bekleniyor. Alt\u0131n, ABD dolar\u0131 ve k\u00fcresel hisse piyasalar\u0131, faiz g\u00f6r\u00fcn\u00fcm\u00fc yeniden de\u011ferlendirilirken h\u0131zl\u0131 tepki vermeyi s\u00fcrd\u00fcrebilir.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><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\n<p class=\"wp-block-paragraph\"><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 diken \u00fcst\u00fcnde: Fed Ba\u015fkan\u0131 Kevin Warsh, net faiz patikas\u0131 yerine veriye ba\u011fl\u0131 esneklik mesaj\u0131 verdi. Kanada-NZ-\u0130ngiltere T\u00dcFE ve ECB, FOMC\/GSYH\/\u00c7ekirdek PCE \u00f6ncesi dolar, alt\u0131n, borsalar\u0131 dalgaland\u0131rabilir.<\/p>\n","protected":false},"author":87,"featured_media":51230,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[48,73],"tags":[],"class_list":["post-51231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","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\/51231","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=51231"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/posts\/51231\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media\/51230"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/media?parent=51231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/categories?post=51231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/tr-mena\/wp-json\/wp\/v2\/tags?post=51231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}