Trive Yat\u0131r\u0131m Piyasa Notu\u2019nda, k\u00fcresel piyasalar\u0131n Amerika Birle\u015fik Devletleri (ABD)-\u0130ran hatt\u0131ndaki diplomatik geli\u015fmeler, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019na ili\u015fkin belirsizlik, petrol fiyatlar\u0131 ve bug\u00fcn a\u00e7\u0131klanacak ABD enflasyon verisine odakland\u0131\u011f\u0131 belirtildi.<\/p>\n
Raporda, ABD ile \u0130ran aras\u0131nda anla\u015fmaya yakla\u015f\u0131labilece\u011fine ili\u015fkin olumlu sinyaller bulunmas\u0131na kar\u015f\u0131n, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019n\u0131n yeniden a\u00e7\u0131lmas\u0131 konusunda taraflar\u0131n ko\u015fullar\u0131 ve kar\u015f\u0131l\u0131kl\u0131 g\u00fcven sorununun devam etti\u011fi vurguland\u0131. Trive Yat\u0131r\u0131m, piyasalar\u0131n siyasi a\u00e7\u0131klamalardan \u00e7ok H\u00fcrm\u00fcz\u2019deki fiili geli\u015fmelere ve enerji ak\u0131\u015f\u0131ndaki normalle\u015fmeye odakland\u0131\u011f\u0131na dikkat \u00e7ekti.<\/p>\n
K\u00fcresel piyasalarda ABD-\u0130ran hatt\u0131ndan gelen birbirine z\u0131t a\u00e7\u0131klamalar, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019n\u0131n yeniden a\u00e7\u0131lmas\u0131na ili\u015fkin belirsizli\u011fi koruyor.<\/p>\n
Pakistan taraf\u0131, son diplomatik temaslardan elde edilen i\u015faretlerin Washington ile Tahran\u2019\u0131n bir anla\u015fmaya yakla\u015ft\u0131\u011f\u0131n\u0131 g\u00f6sterdi\u011fini belirtirken, \u0130ran y\u00f6netimi ise H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019n\u0131n kendi ko\u015fullar\u0131 yerine getirilmeden yeniden a\u00e7\u0131lmayaca\u011f\u0131n\u0131 vurguluyor.<\/p>\n
Tahran\u2019\u0131n yakla\u015f\u0131m\u0131 yaln\u0131zca gemi trafi\u011finin yeniden ba\u015flamas\u0131na de\u011fil, ABD\u2019nin yapt\u0131r\u0131mlar, abluka ve sava\u015f sonras\u0131 y\u00fck\u00fcml\u00fcl\u00fckler konusunda ataca\u011f\u0131 ad\u0131mlara da ba\u011fl\u0131 bulunuyor.<\/p>\n
ABD Ba\u015fkan\u0131 Donald Trump ise \u0130ran\u2019\u0131n var\u0131lacak bir anla\u015fmaya ba\u011fl\u0131 kalaca\u011f\u0131na g\u00fcvenmedi\u011fini ifade ediyor.<\/p>\n
Trive Yat\u0131r\u0131m\u2019a g\u00f6re bu durum, diplomatik s\u00fcrecin \u00f6n\u00fcndeki temel sorunun yaln\u0131zca \u015fartlar \u00fczerinde anla\u015fmak olmad\u0131\u011f\u0131n\u0131, ayn\u0131 zamanda bu \u015fartlar\u0131n uygulanaca\u011f\u0131na ili\u015fkin ciddi bir g\u00fcven a\u00e7\u0131\u011f\u0131n\u0131n bulundu\u011funu g\u00f6steriyor.<\/p>\n
Taraflar\u0131n ge\u00e7mi\u015f aylarda anla\u015fmaya yakla\u015f\u0131ld\u0131\u011f\u0131na ili\u015fkin mesajlar\u0131n ard\u0131ndan yeniden kar\u015f\u0131 kar\u015f\u0131ya gelmesi de piyasalar\u0131n siyasi a\u00e7\u0131klamalar\u0131 art\u0131k tek ba\u015f\u0131na yeterli g\u00f6rmemesine neden oluyor.<\/p>\n
Dolay\u0131s\u0131yla Pakistan \u00fczerinden gelen olumlu diplomatik sinyaller \u00f6nem ta\u015f\u0131sa da H\u00fcrm\u00fcz\u2019de fiili normalle\u015fme a\u00e7\u0131s\u0131ndan belirleyici olacak unsur, \u0130ran\u2019\u0131n ko\u015fullar\u0131 ile Washington\u2019\u0131n talepleri aras\u0131nda uygulanabilir bir ortak zemin olu\u015fturulup olu\u015fturulamayaca\u011f\u0131 olacak.<\/p>\n
\u0130ran\u2019\u0131n H\u00fcrm\u00fcz \u00fczerindeki egemenlik ve \u00fccretlendirme talepleri de ge\u00e7mi\u015f aylarda ABD ile m\u00fczakerelerin en \u00f6nemli anla\u015fmazl\u0131k ba\u015fl\u0131klar\u0131 aras\u0131nda yer alm\u0131\u015ft\u0131.<\/p>\n
Trive Yat\u0131r\u0131m, diplomatik tablonun iki ayr\u0131 y\u00f6nde ilerledi\u011fine dikkat \u00e7ekti.<\/p>\n
Bir tarafta arabuluculuk kanallar\u0131n\u0131n a\u00e7\u0131k kalmas\u0131 ve anla\u015fmaya yakla\u015f\u0131labilece\u011fine ili\u015fkin mesajlar bulunuyor. Di\u011fer tarafta ise \u0130ran, bo\u011faz\u0131n a\u00e7\u0131lmas\u0131n\u0131 daha geni\u015f siyasi ve ekonomik taleplere ba\u011fl\u0131yor; Trump da Tahran\u2019\u0131n m\u00fczakere davran\u0131\u015f\u0131na ili\u015fkin g\u00fcvensizli\u011fini s\u00fcrd\u00fcr\u00fcyor.<\/p>\n
H\u00fcrm\u00fcz\u2019de olu\u015fturulacak yeni rejimin yaln\u0131zca sava\u015f d\u00f6nemine \u00f6zg\u00fc ge\u00e7ici bir d\u00fczenleme olmayabilece\u011fine ili\u015fkin i\u015faretlerin de belirsizli\u011fi art\u0131rd\u0131\u011f\u0131 belirtildi.<\/p>\n
\u0130ran daha \u00f6nce ge\u00e7i\u015flerin belirlenmi\u015f g\u00fczerg\u00e2hlardan yap\u0131lmas\u0131, yaln\u0131zca belirli ticari gemilere izin verilmesi ve sunulan hizmetler kar\u015f\u0131l\u0131\u011f\u0131nda \u00fccret al\u0131nmas\u0131 \u00fczerinde \u00e7al\u0131\u015ft\u0131\u011f\u0131n\u0131 a\u00e7\u0131klam\u0131\u015ft\u0131.<\/p>\n
Bu nedenle bir siyasi anla\u015fman\u0131n duyurulmas\u0131 ile enerji ak\u0131\u015f\u0131n\u0131n sava\u015f \u00f6ncesindeki serbest yap\u0131s\u0131na d\u00f6nmesi aras\u0131nda \u00f6nemli bir fark bulunuyor.<\/p>\n
Petrol piyasas\u0131n\u0131n olumlu diplomatik a\u00e7\u0131klamalardan \u00e7ok fiziksel arz ko\u015fullar\u0131na odakland\u0131\u011f\u0131 belirtilen raporda, H\u00fcrm\u00fcz\u2019de gemi trafi\u011finin zay\u0131f kalmas\u0131 ve arz riskinin yeniden b\u00fcy\u00fcmesiyle Brent petrol\u00fcn 90 dolar e\u015fi\u011fine yakla\u015ft\u0131\u011f\u0131 kaydedildi.<\/p>\n
Petrol fiyatlar\u0131n\u0131n m\u00fczakere haberlerine kar\u015f\u0131 hassasiyeti de y\u00fcksek seyrediyor.<\/p>\n
Ge\u00e7mi\u015f aylarda H\u00fcrm\u00fcz trafi\u011findeki toparlanman\u0131n Brent petrol\u00fc h\u0131zl\u0131 \u015fekilde a\u015fa\u011f\u0131 \u00e7ekmesi, fiziksel petrol ak\u0131\u015f\u0131n\u0131n fiyatlama a\u00e7\u0131s\u0131ndan ne kadar belirleyici oldu\u011funu ortaya koymu\u015ftu.<\/p>\n
Bug\u00fcnk\u00fc tablo ise bunun tersine i\u015faret ediyor. Diplomatik kanal a\u00e7\u0131k kalmas\u0131na ra\u011fmen fiili ge\u00e7i\u015flerde yeterli normalle\u015fme g\u00f6r\u00fclmemesi, jeopolitik risk priminin korunmas\u0131na neden oluyor.<\/p>\n
Piyasalar a\u00e7\u0131s\u0131ndan bundan sonraki kritik e\u015fik, anla\u015fmaya yakla\u015f\u0131ld\u0131\u011f\u0131 y\u00f6n\u00fcndeki mesajlar\u0131n H\u00fcrm\u00fcz\u2019den ge\u00e7en petrol hacminde somut ve kal\u0131c\u0131 bir art\u0131\u015fa d\u00f6n\u00fc\u015f\u00fcp d\u00f6n\u00fc\u015fmeyece\u011fi olacak.<\/p>\n
\u0130ran\u2019\u0131n H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019na ili\u015fkin yeni bir yasal d\u00fczenleme haz\u0131rlamas\u0131, Tahran\u2019\u0131n sava\u015f \u00f6ncesindeki serbest ge\u00e7i\u015f modeline ko\u015fulsuz d\u00f6n\u00fc\u015f istemedi\u011fine i\u015faret ediyor.<\/p>\n
\u0130ran Meclisi daha \u00f6nce;<\/p>\n
ge\u00e7i\u015flerin belirlenmi\u015f g\u00fczerg\u00e2hlardan yap\u0131lmas\u0131,<\/p>\n
yaln\u0131zca ticari gemiler ve \u0130ran ile i\u015fbirli\u011fi yapan taraflar\u0131n yeni mekanizmadan yararlanmas\u0131,<\/p>\n
verilen hizmetler kar\u015f\u0131l\u0131\u011f\u0131nda \u00fccret al\u0131nmas\u0131 gibi unsurlar\u0131 i\u00e7eren bir \u00e7er\u00e7eve \u00fczerinde \u00e7al\u0131\u015ft\u0131\u011f\u0131n\u0131 a\u00e7\u0131klam\u0131\u015ft\u0131.<\/p>\n
Bu yakla\u015f\u0131m\u0131n yasala\u015fmas\u0131 halinde H\u00fcrm\u00fcz, ge\u00e7ici bir sava\u015f pazarl\u0131\u011f\u0131ndan ziyade \u0130ran\u2019\u0131n egemenlik, gelir ve d\u0131\u015f politika stratejisinin kal\u0131c\u0131 unsurlar\u0131ndan biri haline gelebilir.<\/p>\n
Piyasa a\u00e7\u0131s\u0131ndan kritik nokta ise siyasi bir mutabakat sa\u011flansa dahi ge\u00e7i\u015f \u00fccretleri, izin sistemi ve hangi gemilerin bo\u011faz\u0131 kullanabilece\u011fi konular\u0131ndaki anla\u015fmazl\u0131klar\u0131n enerji ak\u0131\u015f\u0131n\u0131n tam anlam\u0131yla normalle\u015fmesini geciktirebilecek olmas\u0131.<\/p>\n
ABD Enerji Enformasyon \u0130daresi\u2019nin petrol arz\u0131na ili\u015fkin uyar\u0131s\u0131n\u0131n, H\u00fcrm\u00fcz\u2019de yeniden y\u00fckselen belirsizli\u011fin yaln\u0131zca g\u00fcnl\u00fck fiyat oynakl\u0131\u011f\u0131 a\u00e7\u0131s\u0131ndan de\u011fil, k\u00fcresel fiziksel petrol dengesi a\u00e7\u0131s\u0131ndan da \u00f6nemli oldu\u011funu g\u00f6sterdi\u011fi belirtildi.<\/p>\n
EIA\u2019n\u0131n \u00f6nceki projeksiyonunun, H\u00fcrm\u00fcz\u2019de trafi\u011fin kademeli olarak toparlanmas\u0131 ve Ortado\u011fu \u00fcretiminin y\u0131l sonuna do\u011fru sava\u015f \u00f6ncesi seviyelere yakla\u015fmas\u0131 varsay\u0131m\u0131na dayand\u0131\u011f\u0131 aktar\u0131ld\u0131.<\/p>\n
Kurum ayn\u0131 zamanda k\u00fcresel petrol stoklar\u0131n\u0131n \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrekte gerilemeye devam etmesini bekliyordu.<\/p>\n
Ancak H\u00fcrm\u00fcz\u2019de ge\u00e7i\u015flerin yeniden aksamas\u0131, bu normalle\u015fme patikas\u0131n\u0131 daha k\u0131r\u0131lgan hale getiriyor.<\/p>\n
Bu nedenle petrol piyasas\u0131nda diplomasi kadar;<\/p>\n
\u00fcretimin ne h\u0131zla geri d\u00f6nece\u011fi,<\/p>\n
tanker ak\u0131\u015flar\u0131n\u0131n s\u00fcrd\u00fcr\u00fclebilirli\u011fi,<\/p>\n
mevcut stoklar\u0131n kesintileri ne \u00f6l\u00e7\u00fcde kar\u015f\u0131layabilece\u011fi de fiyatlama a\u00e7\u0131s\u0131ndan belirleyici olacak.<\/p>\n
Boston Fed Ba\u015fkan\u0131 Susan Collins, \u0130ran sava\u015f\u0131n\u0131n enerji maliyetleri \u00fczerinden Amerikan hanehalklar\u0131 \u00fczerindeki bask\u0131y\u0131 art\u0131rd\u0131\u011f\u0131na ve enflasyon g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc daha karma\u015f\u0131k hale getirdi\u011fine dikkat \u00e7ekiyor.<\/p>\n
Collins daha \u00f6nce de H\u00fcrm\u00fcz\u2019de sevkiyatlar\u0131n uzun s\u00fcre aksamas\u0131n\u0131n etkisinin yaln\u0131zca enerjiyle s\u0131n\u0131rl\u0131 kalmayabilece\u011fini, g\u0131da ve t\u00fcketici sepetindeki di\u011fer kalemlere yay\u0131labilece\u011fini belirtmi\u015fti.<\/p>\n
Bu aktar\u0131m mekanizmas\u0131n\u0131n Fed a\u00e7\u0131s\u0131ndan kritik oldu\u011fu ifade edildi.<\/p>\n
Y\u00fcksek enerji fiyatlar\u0131 bir taraftan t\u00fcketicinin reel harcanabilir gelirini a\u015f\u0131nd\u0131r\u0131rken, di\u011fer taraftan fiyat istikrar\u0131na ili\u015fkin yukar\u0131 y\u00f6nl\u00fc riski b\u00fcy\u00fct\u00fcyor.<\/p>\n
Dolay\u0131s\u0131yla sava\u015f kaynakl\u0131 arz \u015fokunun ne kadar s\u00fcrece\u011fi, Fed\u2019in zay\u0131flayan b\u00fcy\u00fcme veya istihdam verilerine ne \u00f6l\u00e7\u00fcde politika alan\u0131 tan\u0131yabilece\u011fini do\u011frudan etkiliyor.<\/p>\n
K\u00fcresel piyasalar\u0131n bug\u00fcn saat 15.30\u2019da a\u00e7\u0131klanacak Temmuz ay\u0131 ABD t\u00fcketici enflasyonuna odakland\u0131\u011f\u0131 belirtildi.<\/p>\n
ABD \u00c7al\u0131\u015fma \u0130statistikleri B\u00fcrosu\u2019nun takvimine g\u00f6re Temmuz T\u00dcFE raporu 12 A\u011fustos\u2019ta New York saatiyle 08.30\u2019da yay\u0131mlanacak.<\/p>\n
Ge\u00e7en haftaki zay\u0131f istihdam g\u00f6r\u00fcn\u00fcm\u00fcn\u00fcn Fed a\u00e7\u0131s\u0131ndan daha temkinli bir politika alan\u0131 olu\u015fturdu\u011fu, ancak H\u00fcrm\u00fcz kaynakl\u0131 enerji fiyatlar\u0131ndaki yeniden y\u00fckseli\u015fin bunun kar\u015f\u0131s\u0131ndaki temel risk haline geldi\u011fi ifade edildi.<\/p>\n
Bu nedenle a\u00e7\u0131klanacak veride yaln\u0131zca man\u015fet enflasyon rakam\u0131n\u0131n de\u011fil;<\/p>\n
fiyat bask\u0131s\u0131n\u0131n temel bile\u015fenlere ne \u00f6l\u00e7\u00fcde yay\u0131ld\u0131\u011f\u0131n\u0131n,<\/p>\n
dezenflasyon s\u00fcrecinin korunup korunmad\u0131\u011f\u0131n\u0131n da \u00f6nemli olaca\u011f\u0131 vurguland\u0131.<\/p>\n
Verinin, eyl\u00fcl toplant\u0131s\u0131 \u00f6ncesinde tahvil faizleri, dolar ve faiz beklentilerinin ayn\u0131 anda yeniden fiyatlanmas\u0131na yol a\u00e7abilecek haftan\u0131n en \u00f6nemli makro kataliz\u00f6r\u00fc oldu\u011fu de\u011ferlendirildi.<\/p>\n
\u015eanghay Serbest Ticaret B\u00f6lgesi\u2019nin tahvil piyasas\u0131nda yakla\u015f\u0131k \u00fc\u00e7 y\u0131ll\u0131k durgunlu\u011fun ard\u0131ndan yeniden hareketlenme g\u00f6r\u00fcl\u00fcyor.<\/p>\n
\u015eanghay Belediyesi destekli \u015eanghay Elektrik Grubu\u2019nun tahvil ihrac\u0131na ba\u015flamas\u0131, finansal olmayan \u015firketlerin daha s\u0131k\u0131 ihra\u00e7\u00e7\u0131 ve yat\u0131r\u0131mc\u0131 kurallar\u0131 alt\u0131nda piyasaya geri d\u00f6nebildi\u011fini g\u00f6steriyor.<\/p>\n
Pekin bir taraftan \u015firketlerin yuan cinsinden finansmana eri\u015fimini geni\u015fletmek isterken, di\u011fer taraftan 2023\u2019e kadar yerel y\u00f6netim finansman kurulu\u015flar\u0131 \u00fczerinden b\u00fcy\u00fcyen riskli bor\u00e7lanman\u0131n yeniden ortaya \u00e7\u0131kmas\u0131n\u0131 \u00f6nlemeye \u00e7al\u0131\u015f\u0131yor.<\/p>\n
Y\u0131lba\u015f\u0131ndan bu yana ihra\u00e7 hacminin ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6neminin be\u015f kat\u0131ndan fazla artmas\u0131na ra\u011fmen sat\u0131\u015flar\u0131n yaln\u0131zca 512 milyon dolar seviyesinde kalmas\u0131, yakla\u015f\u0131k 19 milyar dolarl\u0131k piyasan\u0131n hen\u00fcz s\u0131n\u0131rl\u0131 \u00f6l\u00e7\u00fcde canland\u0131\u011f\u0131n\u0131 ortaya koyuyor.<\/p>\n
Trive Yat\u0131r\u0131m’a g\u00f6re \u00c7in\u2019in yakla\u015f\u0131m\u0131 finansal a\u00e7\u0131lmadan vazge\u00e7mekten ziyade, sermaye piyasalar\u0131n\u0131 kald\u0131ra\u00e7 ve finansal istikrar risklerini daha s\u0131k\u0131 kontrol ederek yeniden a\u00e7ma stratejisine i\u015faret ediyor.<\/p>\n
ABD ile Japonya, yenin a\u015f\u0131r\u0131 de\u011fer kayb\u0131n\u0131 s\u0131n\u0131rlama konusunda ayn\u0131 hedefi payla\u015fsa da bu hedefe hangi politika arac\u0131yla ula\u015f\u0131laca\u011f\u0131 konusunda belirgin bir ayr\u0131\u015fma bulunuyor.<\/p>\n
ABD Hazine Bakan\u0131 Scott Bessent, kal\u0131c\u0131 bir yen toparlanmas\u0131 i\u00e7in Japonya Merkez Bankas\u0131\u2019n\u0131n daha fazla parasal s\u0131k\u0131la\u015ft\u0131rmaya gitmesi gerekti\u011fini d\u00fc\u015f\u00fcn\u00fcyor.<\/p>\n
Ba\u015fbakan Sanae Takaichi ise faizlerin h\u0131zl\u0131 ve y\u00fcksek \u00f6l\u00e7\u00fcde art\u0131r\u0131lmas\u0131n\u0131n ekonomik toparlanmaya zarar vermesinden endi\u015fe ediyor.<\/p>\n
Takaichi\u2019nin g\u00f6reve gelmesinden bu yana BOJ iki kez faiz art\u0131rmas\u0131na ra\u011fmen politika faizinin y\u00fczde 1 seviyesinde bulunmas\u0131 ve ge\u00e7en ay d\u00f6viz m\u00fcdahalesiyle ayn\u0131 d\u00f6nemde faizlerin sabit tutulmas\u0131, kur ve para politikas\u0131 sinyallerinin ayn\u0131 y\u00f6nde \u00e7al\u0131\u015fmad\u0131\u011f\u0131n\u0131 g\u00f6steriyor.<\/p>\n
Buradaki piyasa sorununun yaln\u0131zca yenin seviyesi olmad\u0131\u011f\u0131 belirtilirken, kur m\u00fcdahalesinin BOJ politikas\u0131yla desteklenmemesi halinde faiz fark\u0131n\u0131n yeniden bask\u0131n hale gelebilece\u011fi ve yen \u00fczerindeki pozisyonlanman\u0131n kal\u0131c\u0131 \u015fekilde de\u011fi\u015fmesinin zorla\u015fabilece\u011fi de\u011ferlendirildi.<\/p>\n
Deutsche Bank CEEMEA Direkt\u00f6r\u00fc Christian Wietoska, T\u00fcrk tahvillerindeki risk-getiri dengesini olduk\u00e7a cazip buluyor.<\/p>\n
Bankan\u0131n T\u00fcrkiye tahvillerine ili\u015fkin yakla\u015f\u0131m\u0131nda;<\/p>\n
y\u00fcksek ta\u015f\u0131ma getirisi,<\/p>\n
dezenflasyon beklentisi,<\/p>\n
para politikas\u0131ndaki s\u0131k\u0131 duru\u015f yerel sabit getirili varl\u0131klar\u0131n yat\u0131r\u0131m profilini destekleyen temel unsurlar aras\u0131nda yer al\u0131yor.<\/p>\n
Wietoska\u2019n\u0131n ge\u00e7mi\u015f de\u011ferlendirmelerinde de TCMB\u2019nin politika \u00e7er\u00e7evesi, reel getiri ve zay\u0131f yabanc\u0131 pozisyonlanmas\u0131 tahvil piyasas\u0131 a\u00e7\u0131s\u0131ndan \u00f6nemli destekler olarak \u00f6ne \u00e7\u0131km\u0131\u015ft\u0131.<\/p>\n
G\u00fcncel de\u011ferlendirmede risk-getiri dengesinin cazip g\u00f6r\u00fclmesi, T\u00fcrk tahvillerindeki yat\u0131r\u0131m tezinin yaln\u0131zca y\u00fcksek kupon veya carry gelirinden de\u011fil, dezenflasyon devam ettik\u00e7e tahvil getirilerinde olu\u015fabilecek a\u015fa\u011f\u0131 y\u00f6nl\u00fc normalle\u015fmeden de beslendi\u011fine i\u015faret ediyor.<\/p>\n
Bununla birlikte petrol fiyatlar\u0131ndaki yeniden y\u00fckseli\u015fin, T\u00fcrkiye\u2019nin enflasyon ve d\u0131\u015f denge g\u00f6r\u00fcn\u00fcm\u00fc a\u00e7\u0131s\u0131ndan temel d\u0131\u015f risklerden biri olmaya devam etti\u011fi vurgulan\u0131yor.<\/p>\n
Trive Yat\u0131r\u0131m\u2019\u0131n de\u011ferlendirmesine g\u00f6re ABD ile \u0130ran aras\u0131nda anla\u015fmaya yakla\u015f\u0131labilece\u011fine ili\u015fkin mesajlara ra\u011fmen, H\u00fcrm\u00fcz\u2019\u00fcn yeniden a\u00e7\u0131lmas\u0131 konusunda taraflar\u0131n ko\u015fullar\u0131 ve kar\u015f\u0131l\u0131kl\u0131 g\u00fcven sorunu enerji piyasas\u0131ndaki risk priminin \u00e7\u00f6z\u00fclmesini engelliyor.<\/p>\n
\u0130ran\u2019\u0131n bo\u011faz i\u00e7in kal\u0131c\u0131 bir yasal d\u00fczenleme haz\u0131rlamas\u0131 ve petrol arz g\u00f6r\u00fcn\u00fcm\u00fcndeki k\u0131r\u0131lganl\u0131k, enerji piyasas\u0131ndaki belirsizli\u011fi art\u0131r\u0131rken, Susan Collins enerji \u015fokunun ABD enflasyonu ve hanehalklar\u0131 \u00fczerindeki etkisine dikkat \u00e7ekiyor.<\/p>\n
K\u00fcresel piyasalar\u0131n bug\u00fcnk\u00fc ana makro kataliz\u00f6r\u00fc ABD T\u00dcFE verisi olurken, \u00c7in kontroll\u00fc bi\u00e7imde tahvil piyasas\u0131n\u0131 yeniden a\u00e7\u0131yor. ABD-Japonya hatt\u0131nda ise yenin g\u00fc\u00e7lendirilmesinde kullan\u0131lacak ara\u00e7lar konusunda ayr\u0131\u015fma s\u00fcr\u00fcyor.<\/p>\n
T\u00fcrkiye taraf\u0131nda ise Deutsche Bank ve Christian Wietoska, mevcut risk-getiri dengesi nedeniyle T\u00fcrk tahvillerinde f\u0131rsat g\u00f6r\u00fcyor.<\/p>\n
<\/strong> \u0130stanbul, 12 A\u011fustos (Hibya) – Trive Yat\u0131r\u0131m Piyasa Notu\u2019nda, k\u00fcresel piyasalar\u0131n Amerika Birle\u015fik Devletleri (ABD)-\u0130ran hatt\u0131ndaki diplomatik geli\u015fmeler, H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019na ili\u015fkin belirsizlik, petrol fiyatlar\u0131 ve bug\u00fcn a\u00e7\u0131klanacak ABD enflasyon verisine odakland\u0131\u011f\u0131 belirtildi.<\/p>\n","protected":false},"author":1,"featured_media":130945,"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-130944","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\/130944","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=130944"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/130944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/130945"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=130944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=130944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=130944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"