Trive Yat\u0131r\u0131m,”Piyasa Notu” raporunda k\u00fcresel piyasalarda haftan\u0131n ana g\u00fcndeminin Amerika Birle\u015fik Devletleri (ABD) ile \u0130ran aras\u0131nda yeniden diplomasi ihtimali, H\u00fcrm\u00fcz Bo\u011faz\u0131’ndaki geli\u015fmeler, ABD ekonomisinden gelen g\u00fc\u00e7l\u00fc veriler ve T\u00fcrkiye’deki enflasyon g\u00f6r\u00fcn\u00fcm\u00fc oldu\u011funu belirtti.\u00a0<\/p>\n
Raporda, jeopolitik risklerin enerji piyasalar\u0131 \u00fczerindeki etkisinin s\u00fcrd\u00fc\u011f\u00fc, ABD Merkez Bankas\u0131’n\u0131n (Fed) ise veriye ba\u011fl\u0131 para politikas\u0131 yakla\u015f\u0131m\u0131n\u0131 korudu\u011fu vurguland\u0131.<\/p>\n
Rapora g\u00f6re k\u00fcresel piyasalar haftaya, ABD ile \u0130ran aras\u0131nda diplomatik temaslar\u0131n yeniden ba\u015flayabilece\u011fine y\u00f6nelik beklentilerle ba\u015flad\u0131.<\/p>\n
ABD Ba\u015fkan\u0131 Donald Trump’\u0131n \u0130ran’a y\u00f6nelik geni\u015f kapsaml\u0131 sald\u0131r\u0131 plan\u0131n\u0131 iptal etmesinin ard\u0131ndan yapt\u0131\u011f\u0131 g\u00f6r\u00fc\u015fme teklifine kar\u015f\u0131n, Tahran y\u00f6netimi Washington ile do\u011frudan m\u00fczakereler y\u00fcr\u00fct\u00fcld\u00fc\u011f\u00fc iddialar\u0131n\u0131 reddetti.<\/p>\n
Buna ra\u011fmen Umman arac\u0131l\u0131\u011f\u0131yla s\u00fcrd\u00fcr\u00fclen temaslarda, H\u00fcrm\u00fcz Bo\u011faz\u0131’ndaki gemi ge\u00e7i\u015flerini k\u0131smen kolayla\u015ft\u0131rabilecek ge\u00e7ici bir rota konusunda ilerleme sa\u011fland\u0131\u011f\u0131 belirtilirken, \u0130ran’\u0131n bo\u011faz\u0131n tamamen yeniden a\u00e7\u0131lmas\u0131na ili\u015fkin somut bir taahh\u00fctte bulunmamas\u0131n\u0131n diplomatik s\u00fcrecin k\u0131r\u0131lganl\u0131\u011f\u0131n\u0131 korudu\u011fu ifade edildi.<\/p>\n
Raporda, enerji piyasalar\u0131 a\u00e7\u0131s\u0131ndan belirleyici unsurun taraflar\u0131n a\u00e7\u0131klamalar\u0131ndan ziyade H\u00fcrm\u00fcz Bo\u011faz\u0131’nda d\u00fczenli ve g\u00fcvenli gemi trafi\u011finin yeniden ba\u015flay\u0131p ba\u015flamayaca\u011f\u0131 oldu\u011fu vurguland\u0131.<\/p>\n
Trive Yat\u0131r\u0131m, diplomasi umutlar\u0131n\u0131n \u00f6nceki seansta Brent petrolde jeopolitik risk primini azaltarak fiyatlar\u0131n gerilemesine neden oldu\u011funu ancak taraflardan gelen \u00e7eli\u015fkili a\u00e7\u0131klamalar\u0131n bu iyimserli\u011fi zay\u0131flatt\u0131\u011f\u0131n\u0131 belirtti.<\/p>\n
Raporda, H\u00fcrm\u00fcz Bo\u011faz\u0131’ndaki ge\u00e7i\u015flerin halen s\u0131n\u0131rl\u0131 olmas\u0131 nedeniyle enerji arz\u0131na ili\u015fkin risk priminin fiyatlardan tamamen \u00e7\u0131kmas\u0131n\u0131n m\u00fcmk\u00fcn g\u00f6r\u00fcnmedi\u011fi, bu nedenle petrol fiyatlar\u0131nda haber ak\u0131\u015f\u0131na ba\u011fl\u0131 y\u00fcksek oynakl\u0131\u011f\u0131n devam edebilece\u011fi kaydedildi.<\/p>\n
ABD imalat sekt\u00f6r\u00fcn\u00fcn temmuz ay\u0131nda beklentilerin \u00fczerinde b\u00fcy\u00fcd\u00fc\u011f\u00fcne dikkat \u00e7ekilen raporda, imalat endeksinin 55,6 seviyesine \u00e7\u0131karak May\u0131s 2022’den bu yana en y\u00fcksek d\u00fczeyi g\u00f6rd\u00fc\u011f\u00fc belirtildi.<\/p>\n
\u00dcretim art\u0131\u015f\u0131, yeni sipari\u015flerdeki g\u00fc\u00e7lenme ve istihdamdaki toparlanman\u0131n ekonomik aktivitenin \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011fe g\u00fc\u00e7l\u00fc ba\u015flad\u0131\u011f\u0131n\u0131 g\u00f6sterdi\u011fi ifade edilirken, bu g\u00f6r\u00fcn\u00fcm\u00fcn Fed’in k\u0131sa vadede faiz indirimi i\u00e7in hareket alan\u0131n\u0131 daraltabilece\u011fi de\u011ferlendirildi.<\/p>\n
New York Fed Ba\u015fkan\u0131 John Williams’\u0131n mevcut faiz seviyesini enflasyonu y\u00fczde 2 hedefine ula\u015ft\u0131rmak a\u00e7\u0131s\u0131ndan yeterince k\u0131s\u0131tlay\u0131c\u0131 g\u00f6rd\u00fc\u011f\u00fcn\u00fc aktaran Trive Yat\u0131r\u0131m, Fed’in veriye ba\u011fl\u0131 politika yakla\u015f\u0131m\u0131n\u0131 s\u00fcrd\u00fcrd\u00fc\u011f\u00fcn\u00fc ve enflasyon hedefe yakla\u015fmad\u0131\u011f\u0131 takdirde yeniden s\u0131k\u0131la\u015fma se\u00e7ene\u011fini masada tuttu\u011funu belirtti.<\/p>\n
Raporda UBS’nin de\u011ferlendirmelerine de yer verilerek, Fed Ba\u015fkan\u0131 Kevin Warsh’\u0131n ileriye d\u00f6n\u00fck y\u00f6nlendirmeyi azaltan ileti\u015fim stratejisinin piyasalarda \u00f6ng\u00f6r\u00fclebilirli\u011fi d\u00fc\u015f\u00fcrebilece\u011fi ifade edildi.<\/p>\n
Bu yakla\u015f\u0131m\u0131n karar alma esnekli\u011fi sa\u011flasa da \u00f6zellikle uzun vadeli tahvil piyasalar\u0131nda oynakl\u0131\u011f\u0131 art\u0131rabilece\u011fi de\u011ferlendirildi.<\/p>\n
ABD’de 25 eyaletin, Trump y\u00f6netiminin 60 ticaret orta\u011f\u0131ndan yap\u0131lan ithalata uygulad\u0131\u011f\u0131 yeni g\u00fcmr\u00fck vergilerine kar\u015f\u0131 Uluslararas\u0131 Ticaret Mahkemesi’ne ba\u015fvurdu\u011fu belirtilen raporda, hukuki s\u00fcrecin uzamas\u0131n\u0131n ticaret politikalar\u0131na ili\u015fkin belirsizlikleri art\u0131rabilece\u011fi kaydedildi.<\/p>\n
Tarifelerin kald\u0131r\u0131lmas\u0131n\u0131n enflasyon bask\u0131s\u0131n\u0131 azaltabilece\u011fi, uygulaman\u0131n s\u00fcrmesi halinde ise ithalat maliyetleri \u00fczerindeki bask\u0131n\u0131n devam edece\u011fi ifade edildi.<\/p>\n
Trive Yat\u0131r\u0131m, Morgan Stanley’nin alt\u0131n fiyatlar\u0131nda ya\u015fanan y\u00fczde 26’l\u0131k geri \u00e7ekilmeye ra\u011fmen orta vadeli y\u00fckseli\u015f beklentisini korudu\u011funu aktard\u0131.<\/p>\n
Raporda, alt\u0131ndaki toparlanman\u0131n Fed’in faiz politikas\u0131, reel faizler ve dolar\u0131n seyrine ba\u011fl\u0131 olaca\u011f\u0131, k\u0131sa vadede ise fiyat oynakl\u0131\u011f\u0131n\u0131n s\u00fcrebilece\u011fi de\u011ferlendirildi.<\/p>\n
ABD’nin Japon yenini desteklemek amac\u0131yla ger\u00e7ekle\u015ftirdi\u011fi d\u00f6viz m\u00fcdahalesinde dolar yerine euro satmas\u0131n\u0131n dikkat \u00e7ekici bir tercih oldu\u011fu belirtilen raporda, bu ad\u0131m\u0131n dolar \u00fczerinde bask\u0131 olu\u015fturmadan yeni desteklemeyi ama\u00e7lad\u0131\u011f\u0131 ifade edildi.<\/p>\n
Ancak kal\u0131c\u0131 toparlanman\u0131n, Japonya ile ABD aras\u0131ndaki faiz fark\u0131n\u0131n azalmas\u0131na ba\u011fl\u0131 oldu\u011fu vurguland\u0131.<\/p>\n
Raporda T\u00fcrkiye’de temmuz ay\u0131nda t\u00fcketici enflasyonunun ayl\u0131k bazda y\u00fczde 1,78 ile haziran ay\u0131n\u0131n \u00fczerinde ger\u00e7ekle\u015fmesine ra\u011fmen piyasa beklentisi olan y\u00fczde 1,87’nin alt\u0131nda kald\u0131\u011f\u0131 belirtildi.<\/p>\n
Y\u0131ll\u0131k enflasyonun ise y\u00fczde 32,11’den y\u00fczde 31,75’e geriledi\u011fi hat\u0131rlat\u0131larak, dezenflasyon s\u00fcrecinin devam etti\u011fi ancak \u00e7ekirdek enflasyon ve hizmet fiyatlar\u0131ndaki kat\u0131l\u0131\u011f\u0131n s\u00fcrd\u00fc\u011f\u00fc ifade edildi.<\/p>\n
Bu g\u00f6r\u00fcn\u00fcm\u00fcn, T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131’n\u0131n faiz indirimlerinde temkinli davranmaya devam edece\u011fine i\u015faret etti\u011fi kaydedildi.<\/p>\n
Raporda Deutsche Bank’\u0131n T\u00fcrkiye i\u00e7in 2026 y\u0131l sonu enflasyon tahminini enerji maliyetleri ve jeopolitik riskler nedeniyle y\u00fczde 29’dan y\u00fczde 30’a y\u00fckseltti\u011fi bilgisi payla\u015f\u0131ld\u0131.<\/p>\n
Buna kar\u015f\u0131n bankan\u0131n, TCMB’nin y\u0131l\u0131n son \u00e7eyre\u011finde faiz indirimlerine ba\u015flayaca\u011f\u0131n\u0131 \u00f6ng\u00f6rd\u00fc\u011f\u00fc ve T\u00fcrk liras\u0131 cinsi tahvillere y\u00f6nelik tavsiyesini “g\u00fc\u00e7l\u00fc a\u011f\u0131rl\u0131k art\u0131r” seviyesine y\u00fckseltti\u011fi aktar\u0131ld\u0131.<\/p>\n
Trive Yat\u0131r\u0131m, rezervlerdeki toparlanma ve d\u0131\u015f dengedeki iyile\u015fmenin T\u00fcrk varl\u0131klar\u0131na ilgiyi destekledi\u011fini, ancak olumlu g\u00f6r\u00fcn\u00fcm\u00fcn korunmas\u0131n\u0131n TCMB’nin s\u0131k\u0131 para politikas\u0131 \u00e7er\u00e7evesinden erken ayr\u0131lmamas\u0131na ba\u011fl\u0131 oldu\u011funu de\u011ferlendirdi.<\/p>\n
<\/strong> \u0130stanbul, 4 A\u011fustos (Hibya) \u2013Trive Yat\u0131r\u0131m,”Piyasa Notu” raporunda k\u00fcresel piyasalarda haftan\u0131n ana g\u00fcndeminin Amerika Birle\u015fik Devletleri (ABD) ile \u0130ran aras\u0131nda yeniden diplomasi ihtimali, H\u00fcrm\u00fcz Bo\u011faz\u0131’ndaki geli\u015fmeler, ABD ekonomisinden gelen g\u00fc\u00e7l\u00fc veriler ve T\u00fcrkiye’deki enflasyon g\u00f6r\u00fcn\u00fcm\u00fc oldu\u011funu belirtti.\u00a0<\/p>\n","protected":false},"author":1,"featured_media":126370,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[4,1,9],"tags":[],"class_list":["post-126369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dunya","category-ekonomi","category-manset"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/126369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/comments?post=126369"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/126369\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/126370"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=126369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=126369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=126369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"