Marba\u015f Menkul De\u011ferler'in raporunda “\u0130\u00e7 tarafta haftan\u0131n geneline bakt\u0131\u011f\u0131m\u0131zda risk unsurlar\u0131n\u0131n s\u0131n\u0131rl\u0131, pozitif haber ak\u0131\u015flar\u0131n\u0131n ise daha kuvvetli olmas\u0131na ra\u011fmen hafta boyunca s\u0131k\u0131\u015fman\u0131n s\u00fcrd\u00fc\u011f\u00fcn\u00fc g\u00f6rmekteyiz.” ifadelerine yer verildi. Raporda \u015funlar kaydedildi:<\/p>\n
“Risk unsular\u0131n\u0131n s\u0131n\u0131rl\u0131 olmas\u0131ndan kaynakl\u0131 a\u015fa\u011f\u0131 y\u00f6nl\u00fc hareketin s\u0131n\u0131rl\u0131 oldu\u011funu g\u00f6r\u00fcrken, XBANK endeksinde direncin a\u015f\u0131lmas\u0131 durumunda yukar\u0131 y\u00f6nl\u00fc hareketin h\u0131zlanaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnmekteyiz. Y\u0131l sonuna do\u011fru i\u00e7 tarafta fon kapan\u0131\u015flar\u0131 destekleyici unsur olu\u015ftursa da son g\u00fcnlere do\u011fru azalan yabanc\u0131 i\u015flemleriyle birlikte hareketin genele yay\u0131lmas\u0131n\u0131 engellenebilir. \u00d6zetle g\u00fcn i\u00e7erisinde makro veri olarak sadece T\u00fcketici G\u00fcven Endeksi\u2019ni takip ederken, g\u00fcn i\u00e7erisindeki hareketin haftan\u0131n genelinde oldu\u011fu gibi olmas\u0131n\u0131 beklemekteyiz. Orta-uzun vade i\u00e7in ise pozitif g\u00f6r\u00fc\u015f\u00fcm\u00fcz\u00fc korurken, g\u00fcn i\u00e7erisinde teknik anlamda 11500 direncini takip etmekteyiz.<\/p>\n
ABD piyasalar\u0131nda beklentilerin alt\u0131nda a\u00e7\u0131klanan TUFE ile beraber d\u00fcn teknoloji hisselerinde yukar\u0131 y\u00f6nl\u00fc hareketler izlerken, yeni g\u00fcnde ABD vadelilere bakt\u0131\u011f\u0131m\u0131zda kazan\u00e7lar\u0131n s\u0131n\u0131rland\u0131\u011f\u0131n\u0131 ve hafif sat\u0131c\u0131l\u0131 seyrin h\u00e2kim oldu\u011funu g\u00f6rmekteyiz. K\u0131sa vadeli olarak bakt\u0131\u011f\u0131m\u0131zda makro verilere dayanan ekonomik belirsizlikler risk unsuru olu\u015ftursa da 2026 y\u0131l\u0131 i\u00e7in FED Ba\u015fkan\u0131 de\u011fi\u015fikli\u011fiyle beraber daha g\u00fcvercin FED ihtimalinin piyasalar a\u00e7\u0131s\u0131ndan kataliz\u00f6r olu\u015fturdu\u011funu g\u00f6rmekteyiz. Trump\u2019\u0131n daha fazla faiz indiren ba\u015fkan g\u00f6rmek
\nistiyorum a\u00e7\u0131klamas\u0131n\u0131n ard\u0131ndan Waller-Bessent gibi isimlerden gelen deme\u00e7lerin ak\u0131\u015f\u0131 destekler nitelikte oldu\u011funu g\u00f6rmekteyiz. Bu geli\u015fmeler d\u0131\u015f\u0131nda ay ba\u015f\u0131ndan bu yana y\u00fczde 20\u2019ye yak\u0131n d\u00fc\u015f\u00fc\u015f g\u00f6steren Oracle\u2019da TikTok\u2019un ABD operasyonlar\u0131n\u0131 alacak s\u00f6ylemleri \u00fczerinde toparlanma olu\u015fmas\u0131n\u0131 teknoloji hisseleri a\u00e7\u0131s\u0131ndan pozitif de\u011ferlendirmekteyiz. \u00d6zetle yeni g\u00fcnde k\u0131sa vadeli makroekonomik verilerin belirsizli\u011finden kaynakl\u0131 yukar\u0131 y\u00f6nl\u00fc hareketlerin s\u0131n\u0131rl\u0131 oldu\u011funu ve hafif sat\u0131\u015flar\u0131n meydana geldi\u011fini g\u00f6rmekteyiz.<\/p>\n
Asya-Pasifik\u2019te piyasalar\u0131nda, k\u00fcresel yava\u015flama endi\u015felerine ra\u011fmen b\u00fcy\u00fcme g\u00f6r\u00fcn\u00fcm\u00fcn\u00fcn korunaca\u011f\u0131na y\u00f6nelik beklentiler \u00f6ne \u00e7\u0131k\u0131yor. Mastercard\u2019\u0131n 2026 ekonomik g\u00f6r\u00fcn\u00fcm raporuna g\u00f6re, b\u00f6lge genelinde t\u00fcketici harcamalar\u0131 ve turizm gelirlerinin b\u00fcy\u00fcmeyi desteklemeye devam etmesi beklenirken, yapay zek\u00e2 yat\u0131r\u0131mlar\u0131 ve dijital d\u00f6n\u00fc\u015f\u00fcm orta vadede ekonomik aktiviteyi g\u00fc\u00e7lendiren temel unsurlar aras\u0131nda yer al\u0131yor. \u00c7in cephesinde, Hainan\u2019da ba\u015flat\u0131lan 113 milyar dolarl\u0131k serbest ticaret b\u00f6lgesi program\u0131, yabanc\u0131 yat\u0131r\u0131mlar\u0131 \u00e7ekme ve tedarik zincirlerinde yeniden konumlanmay\u0131 te\u015fvik etme amac\u0131yla at\u0131lm\u0131\u015f stratejik bir ad\u0131m olarak \u00f6ne \u00e7\u0131k\u0131yor. \u00d6te yandan, artan ABD-\u00c7in gerilimleri nedeniyle \u00e7ok say\u0131da \u00c7inli \u015firketin merkez ve operasyonlar\u0131n\u0131 Singapur\u2019a kayd\u0131rma e\u011filimi, b\u00f6lgesel finansal merkez dengeleri ve tedarik zinciri yap\u0131s\u0131nda yap\u0131sal bir d\u00f6n\u00fc\u015f\u00fcme i\u015faret ediyor. Jeopolitik tarafta, \u00c7in-Tayvan hatt\u0131ndaki gerilim ABD\u2019nin Tayvan\u2019a y\u00f6nelik deste\u011fiyle yeniden t\u0131rman\u0131rken, \u00c7in\u2019in Venezuela\u2019ya verdi\u011fi destek mesaj\u0131, Pekin\u2019in k\u00fcresel diplomatik denge aray\u0131\u015f\u0131n\u0131 s\u00fcrd\u00fcrd\u00fc\u011f\u00fcn\u00fc g\u00f6steriyor. Japonya\u2019da, Japonya Merkez Bankas\u0131 (BOJ) politika faizini y\u00fczde 0,75\u2019e y\u00fckselterek son 30 y\u0131l\u0131n en y\u00fcksek seviyesine ta\u015f\u0131d\u0131. BOJ\u2019dan gelen ilave s\u0131k\u0131la\u015fma sinyalleri, para politikas\u0131nda normalle\u015fme s\u00fcrecinin s\u00fcrebilece\u011fine i\u015faret ediyor. Karar\u0131n ard\u0131ndan Nikkei endeksi y\u00fczde 1\u2019in \u00fczerinde y\u00fckseli\u015fle g\u00fcn\u00fc tamamlad\u0131.<\/p>\n
Avrupa g\u00fcndeminde, jeopolitik ve para politikas\u0131 ba\u015fl\u0131klar\u0131 \u00f6ne \u00e7\u0131k\u0131yor. AB liderleri, Ukrayna\u2019ya 2026-27 d\u00f6nemi i\u00e7in toplam 90 milyar avroluk faizsiz kredi sa\u011flanmas\u0131 konusunda uzla\u015ft\u0131. Donmu\u015f Rus varl\u0131klar\u0131n\u0131n kullan\u0131m\u0131ndan vazge\u00e7ilirken, finansman\u0131n sermaye piyasalar\u0131ndan bor\u00e7lanma yoluyla kar\u015f\u0131lanaca\u011f\u0131 belirtildi. Para politikas\u0131 taraf\u0131nda, \u0130ngiltere Merkez Bankas\u0131, bu \u00e7er\u00e7evede politika faizini y\u00fczde 4\u2019ten y\u00fczde 3,75\u2019e indirdi. Goldman Sachs, BoE\u2019nin 2026 y\u0131l\u0131nda Mart, Haziran ve Eyl\u00fcl aylar\u0131nda 25\u2019er baz puanl\u0131k faiz indirimi yapmas\u0131n\u0131 bekliyor. Euro B\u00f6lgesi\u2019nde, ECB Ba\u015fkan\u0131 Christine Lagarde, faizlerin sabit tutulmas\u0131n\u0131n ard\u0131ndan ekonomik risklerin azald\u0131\u011f\u0131n\u0131 ifade etti. Avrupa Komisyonu, 2025 b\u00fcy\u00fcme tahminini y\u00fczde 1,3\u2019e y\u00fckseltirken, 2026\u2019da s\u0131n\u0131rl\u0131 yava\u015flama, 2027\u2019de ise toparlanma \u00f6ng\u00f6r\u00fcyor. Almanya ve Fransa zay\u0131f seyrederken, \u0130spanya pozitif ayr\u0131\u015f\u0131yor. Ticaret cephesinde, AB-Mercosur serbest ticaret anla\u015fmas\u0131, Fransa ve \u0130talya\u2019n\u0131n itirazlar\u0131 ile \u00e7ift\u00e7i protestolar\u0131 nedeniyle ertelendi. Geli\u015fme, AB\u2019nin k\u00fcresel ticaret ve Latin Amerika stratejisinde yeniden denge aray\u0131\u015f\u0131n\u0131 g\u00fcndeme ta\u015f\u0131yor.<\/p>\n
Emtialar \u00fczerinde Ons Alt\u0131n\u2019da s\u0131n\u0131rl\u0131 geri \u00e7ekilmeye ra\u011fmen risk i\u015ftah\u0131n\u0131n s\u00fcrd\u00fc\u011f\u00fcn\u00fc izlerken Brent Petrol\u2019de Arz y\u00f6nl\u00fc endi\u015feler ba\u015fta olmak \u00fczere 60$ alt\u0131nda fiyatlamalar\u0131n s\u00fcrd\u00fc\u011f\u00fcn\u00fc g\u00f6rmekteyiz.<\/p>\n
Ekonomik takvimde i\u00e7 tarafta T\u00fcketici G\u00fcven Endeksini takip edece\u011fiz.<\/p>\n
K\u00fcresel tarafta ise makro haber ak\u0131\u015f\u0131n\u0131n g\u00f6rece s\u0131n\u0131rl\u0131 oldu\u011funu izlerken \u00f6nemli ak\u0131\u015f olarak sadece ABD\u2019den gelecek \u0130kinci El Konut Sat\u0131\u015flar\u0131n\u0131 takip edece\u011fiz.”<\/p>\n
<\/strong> \u0130stanbul, 19 Aral\u0131k (Hibya)- Marba\u015f Menkul De\u011ferler, Avrupa g\u00fcndeminde, jeopolitik ve para politikas\u0131 ba\u015fl\u0131klar\u0131n\u0131n \u00f6ne \u00e7\u0131k\u0131yor oldu\u011funu bildirdi. <\/p>\n","protected":false},"author":1,"featured_media":22462,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[12,1],"tags":[],"class_list":["post-22461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-spor","category-ekonomi"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/22461","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=22461"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/22461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/22462"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=22461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=22461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=22461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"