{"id":52502,"date":"2026-08-07T15:52:12","date_gmt":"2026-08-07T15:52:12","guid":{"rendered":"https:\/\/www.vtmarkets.com\/tr-mena\/uncategorized\/altin-4-000-dolarin-uzerinde-dengelenirken-abd-eur-jpy-uzerinden-yeni-destekliyor-petrolde-risk-primi-suruyor\/"},"modified":"2026-08-07T15:52:12","modified_gmt":"2026-08-07T15:52:12","slug":"altin-4-000-dolarin-uzerinde-dengelenirken-abd-eur-jpy-uzerinden-yeni-destekliyor-petrolde-risk-primi-suruyor","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/tr-mena\/live-updates\/altin-4-000-dolarin-uzerinde-dengelenirken-abd-eur-jpy-uzerinden-yeni-destekliyor-petrolde-risk-primi-suruyor\/","title":{"rendered":"Alt\u0131n 4.000 dolar\u0131n \u00fczerinde dengelenirken, ABD EUR\/JPY \u00fczerinden yeni destekliyor; petrolde risk primi s\u00fcr\u00fcyor"},"content":{"rendered":"

Haftan\u0131n ba\u015f\u0131nda Orta Do\u011fu\u2019da ilerleme sa\u011flanaca\u011f\u0131 umutlar\u0131yla risk i\u015ftah\u0131 toparland\u0131, ancak herhangi bir anla\u015fmaya dair somut detaylar ortaya \u00e7\u0131kmay\u0131nca piyasalar kazan\u00e7lar\u0131n\u0131 geri verdi. Alt\u0131n 4.000 dolar\u0131n alt\u0131na sarkt\u0131ktan sonra destek bulurken, SpaceX hisseleri y\u00f6netimin iyimser bir patika \u00f6ng\u00f6rmesine kar\u015f\u0131n beklenenden y\u00fcksek sermaye harcamalar\u0131 nedeniyle %13 d\u00fc\u015ft\u00fc. D\u00f6viz taraf\u0131nda ABD Hazine\u2019si, 2011 depreminden bu yana ilk kez JPY\u2019yi desteklemek i\u00e7in m\u00fcdahalede bulundu. Haberlere g\u00f6re Hazine, USDJPY \u00fczerinden i\u015flem yapmak yerine Exchange Stabilization Fund\u2019\u0131n g\u00f6rece k\u00fc\u00e7\u00fck EUR varl\u0131klar\u0131n\u0131 kullanarak EURJPY satt\u0131; bu hamle \u201cemsalsiz\u201d olarak nitelendirildi. Camp David notunda 5-10 milyar dolar kar\u015f\u0131l\u0131\u011f\u0131 JPY al\u0131m\u0131na at\u0131f yap\u0131l\u0131rken, Japonya Maliye Bakanl\u0131\u011f\u0131\u2019n\u0131n (MOF) son operasyonda yakla\u015f\u0131k 37 milyar dolar b\u00fcy\u00fckl\u00fc\u011f\u00fcnde al\u0131m yapt\u0131\u011f\u0131na dair i\u015faretler var; ancak ABD ve Kore ile koordinasyon teyit edilmi\u015f olmas\u0131na ra\u011fmen USDJPY\u2019de ge\u00e7en haftaki hareketin yar\u0131s\u0131 o tarihten bu yana geri al\u0131nd\u0131.<\/p>\n

Petrol, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019n\u0131n yeniden a\u00e7\u0131lmas\u0131na y\u00f6nelik belirsizlik s\u00fcrerken gece saatlerinde y\u00fckseldi; tahviller ise faiz beklentilerinin yeniden fiyatlanmas\u0131yla zay\u0131flad\u0131. Gelecek haftan\u0131n ajandas\u0131nda, ge\u00e7en ay \u00fc\u00e7 ard\u0131\u015f\u0131k art\u0131\u015f\u0131n ard\u0131ndan gelen \u201cpas\u201d karar\u0131n\u0131 izleyen Sal\u0131 g\u00fcnk\u00fc RBA karar\u0131 ve \u00c7ar\u015famba g\u00fcnk\u00fc ABD T\u00dcFE verisi \u00f6ne \u00e7\u0131k\u0131yor; man\u015fet enflasyonun %3,5\u2019ten %3,4\u2019e gerilemesi bekleniyor. ABD bilan\u00e7o sezonu inceliyor; kalan a\u00e7\u0131klamalar aras\u0131nda Cisco, CoreWeave ve JD.com \u00f6ne \u00e7\u0131karken, tar\u0131m d\u0131\u015f\u0131 istihdam bu gece a\u00e7\u0131klanacak.<\/p>\n

Jeopolitik ve Makro R\u00fczg\u00e2rlar Kar\u015f\u0131s\u0131nda \u0130\u015flem Stratejileri<\/h3>\n

T\u00fcrev i\u015flem yapanlara, mevcut haftal\u0131k d\u00f6ng\u00fcselli\u011fi de\u011ferlendirmelerini \u00f6neriyoruz: Pazartesi g\u00fcnleri riskli varl\u0131klarda al\u0131m, Per\u015fembe g\u00fcnleri k\u00e2r realizasyonu. Bu pattern, Orta Do\u011fu kaynakl\u0131 hafta sonu jeopolitik endi\u015felerinin tekrar eden bi\u00e7imde haftan\u0131n ba\u015f\u0131nda somutla\u015fmamas\u0131ndan kaynaklan\u0131yor. G\u00fcvenli liman arayanlar i\u00e7in, alt\u0131n\u0131n 4.000 dolar e\u015fi\u011fi \u00fczerindeki son k\u0131r\u0131lmas\u0131 \u201cd\u00fc\u015f\u00fc\u015flerde al\u0131m\u201d stratejisinin y\u00fcksek getiri potansiyelini korudu\u011funu g\u00f6steriyor; zira riskli varl\u0131klarla korelasyonu ayr\u0131\u015f\u0131yor.<\/p>\n

ABD\u2019nin EUR\/JPY satarak para birimini destekledi\u011fi emsalsiz ortak m\u00fcdahaleye ra\u011fmen Japon Yeni\u2019nde i\u015flem yaparken temkin \u00f6neriyoruz. Japonya Maliye Bakanl\u0131\u011f\u0131 son hamlesinde yakla\u015f\u0131k 37 milyar dolar kullansa da, tarihsel deneyim s\u0131n\u0131rl\u0131 m\u00fcdahalelerin faiz farklar\u0131 gibi uzun vadeli makro ak\u0131nt\u0131lar\u0131 nadiren tersine \u00e7evirdi\u011fini g\u00f6steriyor. USD\/JPY m\u00fcdahale sonras\u0131 kay\u0131plar\u0131n\u0131n yar\u0131s\u0131n\u0131 \u015fimdiden geri ald\u0131\u011f\u0131 i\u00e7in oynakl\u0131\u011f\u0131n s\u00fcrmesi beklenmeli ve Yen\u2019de kuvvetli y\u00fckseli\u015f y\u00f6nl\u00fc pozisyonlar almadan \u00f6nce resm\u00ee ECB koordinasyonu g\u00f6r\u00fclmeli.<\/p>\n

Makro G\u00f6r\u00fcn\u00fcm ve Sekt\u00f6r Konumlanmas\u0131<\/h3>\n

Gelecek haftaya bakarken, Sal\u0131 g\u00fcn\u00fc Avustralya Merkez Bankas\u0131\u2019n\u0131n (RBA) faiz karar\u0131ndan ba\u015flayarak kritik makro veriler i\u00e7in haz\u0131rl\u0131kl\u0131 olunmal\u0131; \u201cpas\u201d karar\u0131 g\u00fc\u00e7l\u00fc bir \u015fekilde fiyatlan\u0131yor. \u00c7ar\u015famba g\u00fcn\u00fc odak, ABD T\u00dcFE verisine kayacak; man\u015fet enflasyonun %3,5\u2019ten %3,4\u2019e gerilemesi \u00f6ng\u00f6r\u00fcl\u00fcyor. Enflasyon verisi bu daha yumu\u015fak beklentilerle uyumlu gelirse, faiz korkular\u0131n\u0131 daha da so\u011futarak hisse piyasalar\u0131nda rahatlama alan\u0131 yaratabilir.<\/p>\n

Enerji taraf\u0131nda, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019n\u0131n kapanmas\u0131na ili\u015fkin belirsizli\u011fin risk primini y\u00fcksek tutmas\u0131 nedeniyle ham petrolde (USOIL) uzun pozisyonlar\u0131n korunmas\u0131n\u0131 \u00f6neriyoruz. Buna kar\u015f\u0131l\u0131k ABD bilan\u00e7o sezonunun Cisco, CoreWeave ve JD.com raporlar\u0131yla s\u00f6n\u00fcmlenmesi, se\u00e7ici hisse t\u00fcrev f\u0131rsatlar\u0131 sunuyor. Ayr\u0131ca SpaceX gibi y\u00fcksek b\u00fcy\u00fcme isimleri izlenmeli; a\u011f\u0131r sermaye harcamalar\u0131 nedeniyle g\u00f6r\u00fclen son %13\u2019l\u00fck d\u00fc\u015f\u00fc\u015f, uzun vadeli olumlu y\u00f6nlendirmeye ra\u011fmen piyasalar\u0131n artan maliyetlere duyarl\u0131l\u0131\u011f\u0131n\u0131 ortaya koyuyor.<\/p>\n\n\n\n

Hemen i\u015flem yapmaya ba\u015flay\u0131n \u2014 ger\u00e7ek VT Markets hesab\u0131n\u0131z\u0131 olu\u015fturmak i\u00e7in buraya<\/a> t\u0131klay\u0131n.<\/b>\n\n<\/p>","protected":false},"excerpt":{"rendered":"

Jeopolitik umutlar s\u00f6n\u00fcnce risk i\u015ftah\u0131 geri sararken alt\u0131n 4.000$ alt\u0131nda tutundu, petrol belirsizlikle y\u00fckseldi. SpaceX %13 d\u00fc\u015ft\u00fc. ABD, EURJPY satarak JPY\u2019yi destekledi. G\u00fcndem: RBA, ABD T\u00dcFE, NFP.<\/p>\n","protected":false},"author":87,"featured_media":50091,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-52502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t