A1 Capital\u2019in G\u00fcnl\u00fck B\u00fclteni\u2019nde, k\u00fcresel piyasalarda ge\u00e7en hafta ya\u015fanan geli\u015fmeler ve bu haftan\u0131n \u00f6ne \u00e7\u0131kan veri g\u00fcndemi de\u011ferlendirildi.<\/p>\n
Raporda, ABD ve Fransa\u2019daki siyasi ve ekonomik geli\u015fmelerin tahvil piyasalar\u0131nda gerilimi art\u0131rd\u0131\u011f\u0131 belirtilirken, Jackson Hole toplant\u0131s\u0131nda Fed cephesinden gelen \u015fahin mesajlar\u0131n faiz art\u0131r\u0131m beklentilerini yeniden g\u00fcndeme ta\u015f\u0131d\u0131\u011f\u0131 ifade edildi.<\/p>\n
A1 Capital, haftan\u0131n k\u00fcresel piyasalar a\u00e7\u0131s\u0131ndan \u00fc\u00e7 temel veri seti taraf\u0131ndan \u015fekillenece\u011fine dikkat \u00e7ekti. Buna g\u00f6re ABD\u2019de cuma g\u00fcn\u00fc a\u00e7\u0131klanacak istihdam raporu, Euro B\u00f6lgesi\u2019nin A\u011fustos enflasyonu ve T\u00fcrkiye\u2019nin ikinci \u00e7eyrek b\u00fcy\u00fcme ile a\u011fustos T\u00dcFE verileri yak\u0131ndan izlenecek.<\/p>\n
Rapora g\u00f6re, Wall Street ge\u00e7en hafta Nvidia\u2019n\u0131n g\u00fc\u00e7l\u00fc finansal sonu\u00e7lar\u0131n\u0131n deste\u011fiyle daha iyi performans g\u00f6sterirken, Kevin Warsh\u2019\u0131n Jackson Hole \u00f6ncesindeki a\u00e7\u0131klamalar\u0131 piyasalarda yeni bir faiz tart\u0131\u015fmas\u0131 ba\u015flatt\u0131.<\/p>\n
Warsh, finansal ko\u015fullar\u0131n k\u0131s\u0131tlay\u0131c\u0131 g\u00f6r\u00fcnmedi\u011fini ve son enflasyon verilerinin g\u00fcven verici olmas\u0131na ra\u011fmen enflasyonun y\u00fczde 2 hedefine kal\u0131c\u0131 \u015fekilde d\u00f6nece\u011fine hen\u00fcz ikna olmad\u0131\u011f\u0131n\u0131 belirtti. A1 Capital, bu a\u00e7\u0131klamalar\u0131n Fed\u2019in \u00f6n\u00fcm\u00fczdeki aylarda faiz art\u0131rabilece\u011fi ihtimalini yeniden g\u00fcndeme getirdi\u011fini bildirdi.<\/p>\n
CME FedWatch verilerine g\u00f6re Fed\u2019in eyl\u00fcl ay\u0131nda faiz art\u0131rma olas\u0131l\u0131\u011f\u0131n\u0131n y\u00fczde 50 seviyesine y\u00fckseldi\u011fi belirtilirken, piyasa beklentilerinin Jackson Hole sonras\u0131nda h\u0131zl\u0131 \u015fekilde de\u011fi\u015fti\u011fi kaydedildi.<\/p>\n
Petrol fiyatlar\u0131nda \u00fc\u00e7 haftal\u0131k y\u00fckseli\u015f serisi sona ererken, Brent petrol haftal\u0131k bazda yakla\u015f\u0131k y\u00fczde 5 gerileyerek 89 dolar civar\u0131nda i\u015flem g\u00f6rd\u00fc. Buna kar\u015f\u0131n Brent\u2019in y\u0131l ba\u015f\u0131ndan bu yana yakla\u015f\u0131k y\u00fczde 45 y\u00fckseldi\u011fine dikkat \u00e7ekildi.<\/p>\n
A1 Capital, petrol fiyatlar\u0131 \u00fczerinde Venezuela ile ilgili geli\u015fmelerin ve ABD-Venezuela petrol m\u00fczakerelerinin a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131 olu\u015fturdu\u011funu belirtti. Basra K\u00f6rfezi’ndeki devam eden \u00e7at\u0131\u015fmalar\u0131n ise petrol fiyatlar\u0131ndaki d\u00fc\u015f\u00fc\u015f\u00fc s\u0131n\u0131rlad\u0131\u011f\u0131 ifade edildi.<\/p>\n
Alt\u0131n\u0131n ons fiyat\u0131 yakla\u015f\u0131k 4.600 dolar seviyesinde yatay bir g\u00f6r\u00fcn\u00fcm sergilerken, bak\u0131r fiyat\u0131 y\u00fczde 0,4 y\u00fckselerek pound ba\u015f\u0131na 6,60 dolara \u00e7\u0131kt\u0131. Londra Metal Borsas\u0131 depolar\u0131ndaki yo\u011fun bak\u0131r \u00e7ekimlerinin fiziksel arz konusunda endi\u015feleri art\u0131rd\u0131\u011f\u0131 ve bak\u0131rdaki y\u00fckseli\u015fin sekizinci haftas\u0131na ta\u015f\u0131nd\u0131\u011f\u0131 aktar\u0131ld\u0131.<\/p>\n
Tar\u0131m emtialar\u0131nda bu\u011fday \u00f6ne \u00e7\u0131kt\u0131. Karadeniz’deki ihracat yollar\u0131nda ya\u015fanan aksakl\u0131klar ve Rusya ile Ukrayna limanlar\u0131ndaki tah\u0131l sevkiyatlar\u0131n\u0131n sald\u0131r\u0131lar nedeniyle b\u00fcy\u00fck \u00f6l\u00e7\u00fcde durmas\u0131, k\u00fcresel arz endi\u015felerini art\u0131rd\u0131.<\/p>\n
Bu geli\u015fmelerin bu\u011fday fiyatlar\u0131n\u0131 birka\u00e7 y\u0131l\u0131n en y\u00fcksek seviyelerine ta\u015f\u0131d\u0131\u011f\u0131 belirtilirken, y\u00fckseli\u015fin m\u0131s\u0131r fiyatlar\u0131na da yans\u0131d\u0131\u011f\u0131 ifade edildi.<\/p>\n
A1 Capital, haftan\u0131n en \u00f6nemli verisinin cuma g\u00fcn\u00fc a\u00e7\u0131klanacak ABD tar\u0131m d\u0131\u015f\u0131 istihdam raporu olaca\u011f\u0131n\u0131 belirtti. Piyasa beklentisi a\u011fustos ay\u0131nda yakla\u015f\u0131k 45-50 bin ki\u015filik istihdam art\u0131\u015f\u0131, i\u015fsizlik oran\u0131n\u0131n y\u00fczde 4,1\u2019den y\u00fczde 4,2\u2019ye y\u00fckselmesi ve ortalama saatlik kazan\u00e7lar\u0131n ayl\u0131k y\u00fczde 0,2 artmas\u0131 y\u00f6n\u00fcnde.<\/p>\n
Temmuz ay\u0131nda istihdam\u0131n 23 bin ki\u015fi azalmas\u0131n\u0131n ard\u0131ndan a\u00e7\u0131klanacak yeni veride man\u015fet rakam\u0131n yan\u0131 s\u0131ra \u00f6nceki aylara y\u00f6nelik revizyonlar\u0131n da \u00f6nemli olaca\u011f\u0131 vurguland\u0131.<\/p>\n
ISM verilerinde ise \u00f6zellikle \u00f6denen fiyatlar ve istihdam alt endekslerinin takip edilmesi gerekti\u011fi belirtildi. \u00dcretimin zay\u0131flad\u0131\u011f\u0131 bir ortamda fiyat bask\u0131lar\u0131n\u0131n y\u00fcksek kalmas\u0131n\u0131n, Fed a\u00e7\u0131s\u0131ndan stagflasyon riskini art\u0131rabilece\u011fi ifade edildi.<\/p>\n
Euro B\u00f6lgesi\u2019nde sal\u0131 g\u00fcn\u00fc a\u00e7\u0131klanacak a\u011fustos \u00f6nc\u00fc T\u00dcFE verisinin temmuzdaki y\u00fczde 2,9 seviyesinden y\u00fczde 3,2-3,3 aral\u0131\u011f\u0131na y\u00fckselmesinin beklendi\u011fi bildirildi.<\/p>\n
A1 Capital, enerji fiyatlar\u0131n\u0131n enflasyondaki y\u00fckseli\u015fte etkili olabilece\u011fine dikkat \u00e7ekerken, Avrupa Merkez Bankas\u0131 a\u00e7\u0131s\u0131ndan as\u0131l kritik g\u00f6stergelerin \u00e7ekirdek ve hizmet enflasyonu olaca\u011f\u0131n\u0131 belirtti.<\/p>\n
Man\u015fet ve \u00e7ekirdek enflasyonun birlikte y\u00fckselmesi halinde ECB\u2019nin 9-10 Eyl\u00fcl toplant\u0131s\u0131nda politika faizini y\u00fczde 2,25\u2019ten y\u00fczde 2,50\u2019ye y\u00fckseltmesi ihtimalinin b\u00fcy\u00fck \u00f6l\u00e7\u00fcde fiyatlanabilece\u011fi de\u011ferlendirildi.<\/p>\n
\u00c7in\u2019in resmi imalat PMI verisinin temmuzdaki 49,2 seviyesinden a\u011fustosta 49,6-49,7 civar\u0131na y\u00fckselmesi beklenirken, endeksin 50 seviyesinin alt\u0131nda kalmas\u0131 halinde imalat sekt\u00f6r\u00fcndeki daralman\u0131n devam edece\u011fi belirtildi.<\/p>\n
Raporda ayr\u0131ca \u00c7in\u2019de resmi imalat PMI\u2019n\u0131n a\u011fustosta 49,8\u2019e y\u00fckseldi\u011fi bilgisine yer verildi. Hizmet ve in\u015faat sekt\u00f6rlerindeki zay\u0131f g\u00f6r\u00fcn\u00fcm\u00fcn ise ekonomideki dengesizliklerin s\u00fcrd\u00fc\u011f\u00fcne i\u015faret etti\u011fi ifade edildi.<\/p>\n
Yurt i\u00e7inde bug\u00fcn a\u00e7\u0131klanacak ikinci \u00e7eyrek GSYH verisinin, s\u0131k\u0131 para politikas\u0131na ra\u011fmen ekonominin ne \u00f6l\u00e7\u00fcde diren\u00e7 g\u00f6sterdi\u011fini ortaya koyaca\u011f\u0131 belirtildi. A1 Capital, b\u00fcy\u00fcmenin man\u015fet oran\u0131ndan \u00e7ok hangi kaynaklardan geldi\u011finin \u00f6nem ta\u015f\u0131d\u0131\u011f\u0131n\u0131 vurgulad\u0131.<\/p>\n
Per\u015fembe g\u00fcn\u00fc a\u00e7\u0131klanacak a\u011fustos T\u00dcFE ise 10 Eyl\u00fcl\u2019deki T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131 toplant\u0131s\u0131 \u00f6ncesinde en kritik g\u00f6stergelerden biri olacak.<\/p>\n
T\u00dcFE\u2019nin beklentilerin alt\u0131nda kalmas\u0131 ve \u00e7ekirdek g\u00f6stergelerde de yava\u015flama g\u00f6r\u00fclmesi halinde TCMB\u2019nin 10 Eyl\u00fcl\u2019de faiz indirimine gidebilece\u011fi beklentisinin g\u00fc\u00e7lenebilece\u011fi ifade edildi. B\u00f6yle bir senaryoda k\u0131sa vadeli tahviller ve bankac\u0131l\u0131k hisselerinin olumlu etkilenebilece\u011fi de\u011ferlendirildi.<\/p>\n
Bununla birlikte, politika faizindeki olas\u0131 indirimin efektif fonlama faizi ve mevduat maliyetlerine ayn\u0131 h\u0131zda yans\u0131mas\u0131n\u0131n garanti olmad\u0131\u011f\u0131na dikkat \u00e7ekildi.<\/p>\n
A1 Capital\u2019in de\u011ferlendirmesine g\u00f6re, haftan\u0131n fiyatlama zinciri Euro B\u00f6lgesi enflasyonu, T\u00fcrkiye enflasyonu ve ABD istihdam\u0131 \u015feklinde ilerleyecek. \u0130lk iki veri ECB ve TCMB\u2019nin, cuma g\u00fcn\u00fc a\u00e7\u0131klanacak istihdam raporu ise Fed\u2019in eyl\u00fcl karar\u0131na y\u00f6nelik beklentilerin \u015fekillenmesinde belirleyici olacak.<\/p>\n
Raporda, piyasalar\u0131n ana sorusunun art\u0131k merkez bankalar\u0131n\u0131n ne zaman faiz indirece\u011finden ziyade enerji fiyatlar\u0131 ve diren\u00e7li enflasyon nedeniyle yeniden faiz art\u0131rmak zorunda kal\u0131p kalmayacaklar\u0131 oldu\u011fu belirtildi.<\/p>\n
Jackson Hole\u2019da Fed\u2019den gelen \u015fahin mesajlar\u0131n ard\u0131ndan ABD\u2019de eyl\u00fcl ay\u0131 faiz art\u0131r\u0131m ihtimalinin fiyatlamalara girdi\u011fi, Euro B\u00f6lgesi\u2019nde enflasyonun y\u00fczde 3\u2019\u00fcn \u00fczerine \u00e7\u0131kmas\u0131n\u0131n da ECB\u2019yi eyl\u00fcl ay\u0131nda 25 baz puanl\u0131k faiz art\u0131r\u0131m\u0131na yakla\u015ft\u0131rd\u0131\u011f\u0131 ifade edildi.<\/p>\n
A1 Capital, Fon Rehberi’nin BIST 100 \u00fczerindeki k\u0131sa vadeli etkisini \u201cs\u0131n\u0131rl\u0131 negatif ama hisse baz\u0131nda sert\u201d olarak de\u011ferlendirdi.<\/p>\n
B\u00fcy\u00fck endeks hisselerinde ya\u015fanabilecek olas\u0131 rotasyonun, d\u00fc\u015f\u00fck fiili dola\u015f\u0131ma sahip hisselerdeki sat\u0131\u015flar\u0131n endeks \u00fczerindeki etkisini k\u0131smen dengeleyebilece\u011fi belirtildi.<\/p>\n
Bu nedenle BIST 100\u2019de d\u00fczenleme kaynakl\u0131 \u00e7ok b\u00fcy\u00fck ve sistemik bir d\u00fc\u015f\u00fc\u015ften ziyade, endeks i\u00e7erisinde belirgin hisse bazl\u0131 ayr\u0131\u015fmalar\u0131n ya\u015fanmas\u0131n\u0131n beklendi\u011fi kaydedildi.<\/p>\n
<\/strong> \u0130stanbul, 31 A\u011fustos (Hibya) \u2013 A1 Capital\u2019in G\u00fcnl\u00fck B\u00fclteni\u2019nde, k\u00fcresel piyasalarda ge\u00e7en hafta ya\u015fanan geli\u015fmeler ve bu haftan\u0131n \u00f6ne \u00e7\u0131kan veri g\u00fcndemi de\u011ferlendirildi.<\/p>\n","protected":false},"author":1,"featured_media":141080,"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-141079","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\/141079","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=141079"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/141079\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/141080"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=141079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=141079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=141079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"