Piramit Menkul K\u0131ymetler'in de\u011ferlendirmesinde,\u00a0Fed\u2019in para politikas\u0131 toplant\u0131s\u0131n\u0131n ard\u0131ndan bu hafta \u0130ngiltere ve Avrupa merkez bankalar\u0131n\u0131n toplant\u0131lar\u0131n\u0131n takip edilece\u011fi an\u0131msat\u0131ld\u0131. Ayr\u0131ca, piyasalar\u0131n ABD resmi istihdam raporuna odaklanaca\u011f\u0131na dikkat \u00e7ekilirken \u015fu bilgiler verildi:<\/p>\n
“D\u00fcnya genelinde ocak ay\u0131n\u0131n nihai PMI verileri yay\u0131mlanacak.<\/p>\n
Haftan\u0131n ilk i\u015flem g\u00fcn\u00fc maj\u00f6r ekonomilerin ocak ay\u0131na ili\u015fkin nihai imalat PMI verileri, \u00e7ar\u015famba g\u00fcn\u00fc ise hizmet PMI verileri yay\u0131mlanacak.<\/p>\n
\u0130malat PMI\u2019lar;\u00a0Japonya \u00f6nc\u00fc veriye g\u00f6re ocakta 50,0\u2019den 51,5\u2019e y\u00fckseldi; de\u011fi\u015fiklik beklenmemektedir.\u00a0\u00c7in (Caixin) aral\u0131kta 49,9\u2019dan 50,1\u2019e y\u00fckselmi\u015fti; ocakta 50,3\u2019e y\u00fckselmesi bekleniyor.\u00a0\u0130ngiltere \u00f6nc\u00fc veriye g\u00f6re ocakta 50,6\u2019dan 51,6\u2019ya y\u00fckseldi; de\u011fi\u015fiklik beklenmemektedir.\u00a0Almanya \u00f6nc\u00fc veriye g\u00f6re ocakta 47,0\u2019den 48,7\u2019ye y\u00fckseldi; de\u011fi\u015fiklik beklenmiyor.\u00a0Euro B\u00f6lgesi \u00f6nc\u00fc veriye g\u00f6re ocakta 48,7\u2019den 49,4\u2019e y\u00fckseldi; de\u011fi\u015fiklik beklenmiyor.\u00a0ABD (S&P Global) \u00f6nc\u00fc veriye g\u00f6re ocakta 51,8\u2019den 51,9\u2019a y\u00fckseldi; de\u011fi\u015fiklik beklenmemektedir.\u00a0ABD (ISM) aral\u0131kta 48,2\u2019den 47,9\u2019a geriledi; ocakta 48,5\u2019e y\u00fckselmesi beklenmektedir.<\/p>\n
Hizmet PMI\u2019lar; Japonya \u00f6nc\u00fc veriye g\u00f6re ocakta 51,6\u2019dan 53,4\u2019e y\u00fckseldi; de\u011fi\u015fiklik beklenmemektedir.\u00a0\u00c7in (Caixin) aral\u0131kta 52,1\u2019den 52,0\u2019ye gerilemi\u015fti; ocakta 51,9\u2019a gerilemesi bekleniyor.\u00a0\u0130ngiltere \u00f6nc\u00fc veriye g\u00f6re ocakta 51,4\u2019ten 54,3\u2019e y\u00fckseldi; de\u011fi\u015fiklik beklenmemektedir.\u00a0Almanya \u00f6nc\u00fc veriye g\u00f6re ocakta 52,7\u2019den 53,3\u2019e y\u00fckseldi; de\u011fi\u015fiklik beklenmiyor.\u00a0Euro B\u00f6lgesi \u00f6nc\u00fc veriye g\u00f6re ocakta 52,4\u2019ten 51,9\u2019a geriledi; de\u011fi\u015fiklik beklenmiyor.\u00a0ABD (S&P Global) \u00f6nc\u00fc veriye g\u00f6re ocakta 52,5 ile aral\u0131k ay\u0131yla ayn\u0131 de\u011feri ald\u0131; de\u011fi\u015fiklik beklenmemektedir.\u00a0ABD (ISM) imalat d\u0131\u015f\u0131 PMI aral\u0131kta 52,6\u2019dan (Revize) 53,8\u2019e indi; ocakta 53,8\u2019e gerilemesi beklenmektedir.<\/p>\n
Sal\u0131 g\u00fcn\u00fc ABD \u00c7al\u0131\u015fma Bakanl\u0131\u011f\u0131\u2019n\u0131n ger\u00e7ekle\u015ftirdi\u011fi JOLTS anketinin sonu\u00e7lar\u0131 takip edilecek. Son verilere g\u00f6re ABD\u2019de a\u00e7\u0131k i\u015f say\u0131s\u0131 kas\u0131mda 7,45 milyondan 7,15 milyona geriledi; aral\u0131kta 7,21 milyona y\u00fckselmesi bekleniyor.<\/p>\n
Euro B\u00f6lgesi\u2019nde \u00e7ar\u015famba g\u00fcn\u00fc ocak ay\u0131n\u0131n \u00f6nc\u00fc T\u00dcFE verisi ve aral\u0131k ay\u0131n\u0131n \u00dcFE verisi takip edilecek.<\/p>\n
Euro B\u00f6lgesi\u2019nde T\u00dcFE aral\u0131kta ayl\u0131k y\u00fczde 0,2 art\u0131\u015fla beklentiyi kar\u015f\u0131larken y\u0131ll\u0131k y\u00fczde 1,9 art\u0131\u015fla beklentinin hafif\u00e7e alt\u0131nda kalm\u0131\u015ft\u0131. \u00c7ekirdek T\u00dcFE ayl\u0131k y\u00fczde 0,3, y\u0131ll\u0131k y\u00fczde 2,3 art\u0131\u015fla beklentileri kar\u015f\u0131lam\u0131\u015ft\u0131. Ocakta T\u00dcFE\u2019de y\u0131ll\u0131k y\u00fczde 1,8, \u00e7ekirdek T\u00dcFE\u2019de y\u00fczde 2,2 art\u0131\u015f beklenmektedir.<\/p>\n
\u00dcFE ise kas\u0131mda ayl\u0131k y\u00fczde 0,5 art\u0131\u015fla beklentiyi hafif\u00e7e a\u015farken y\u0131ll\u0131k y\u00fczde 1,7 azalarak beklenenden daha az gerilemi\u015fti. Aral\u0131kta bir \u00f6nceki aya g\u00f6re y\u00fczde 0,2 gerilemesi beklenmektedir.<\/p>\n
Per\u015fembe g\u00fcn\u00fc Euro B\u00f6lgesi\u2019nde Avrupa Merkez Bankas\u0131\u2019n\u0131n (AMB) para politikas\u0131 toplant\u0131s\u0131 ve aral\u0131k perakende sat\u0131\u015flar verisi, ayr\u0131ca, \u0130ngiltere Merkez Bankas\u0131\u2019n\u0131n (BoE) para politikas\u0131 toplant\u0131s\u0131 takip edilecek.<\/p>\n
AMB taraf\u0131nda, Banka\u2019n\u0131n faizleri sabit b\u0131rakmas\u0131 beklenmekte olup gelecek toplant\u0131lara ili\u015fkin olas\u0131 mesajlar\u0131 \u00f6nem arz etmektedir. AMB, en son ge\u00e7en y\u0131l haziran toplant\u0131s\u0131nda faizlerde 25\u2019er bp indirime gitmesinin ard\u0131ndan takip eden d\u00f6rt toplant\u0131da de\u011fi\u015fikli\u011fe gitmemi\u015fti. Mevcut durumda mevduat faizi y\u00fczde 2,00, ana refinansman faizi y\u00fczde 2,15 ve marjinal bor\u00e7 verme faizi y\u00fczde 2,40 seviyelerinde bulunmaktad\u0131r.<\/p>\n
BoE taraf\u0131nda da faiz indirimi beklenmemektedir. En son aral\u0131k toplant\u0131s\u0131nda 25bp indirime giden Banka\u2019n\u0131n politika faizi mevcut durumda y\u00fczde 3,75 seviyesinde bulunmaktad\u0131r. Faiz indirimlerine, politika faizi y\u00fczde 5,25 seviyesindeyken ge\u00e7en y\u0131l a\u011fustos toplant\u0131s\u0131nda ba\u015flanm\u0131\u015ft\u0131.<\/p>\n
Euro B\u00f6lgesi\u2019nde perakende sat\u0131\u015flar verisi kas\u0131mda ayl\u0131k y\u00fczde 0,2, y\u0131ll\u0131k y\u00fczde 2,3 art\u0131\u015fla beklenenden g\u00fc\u00e7l\u00fc geldi. Aral\u0131kta ayl\u0131k bazda y\u00fczde 0,2 daralmas\u0131 beklenmektedir.<\/p>\n
Haftan\u0131n son i\u015flem g\u00fcn\u00fc piyasalar\u0131n g\u00fcndeminde ABD \u00c7al\u0131\u015fma Bakanl\u0131\u011f\u0131\u2019n\u0131n yay\u0131mlayaca\u011f\u0131 istihdam raporu olacak.<\/p>\n
Aral\u0131kta; tar\u0131m d\u0131\u015f\u0131 istihdam 50 bin art\u0131\u015fla piyasa beklentisinin alt\u0131nda kald\u0131. \u0130\u015fsizlik oran\u0131n\u0131n kas\u0131m ile ayn\u0131 kalmas\u0131 beklenirken y\u00fczde 4,5\u2019ten y\u00fczde 4,4\u2019e geriledi.\u00a0Ortalama saatlik kazan\u00e7lar ayl\u0131k y\u00fczde 0,3 art\u0131\u015fla beklentiyi kar\u015f\u0131lad\u0131, y\u0131ll\u0131k y\u00fczde 3,8 ile beklenenden daha fazla artt\u0131.<\/p>\n
Ocakta; tar\u0131m d\u0131\u015f\u0131 istihdam\u0131n 67 bin artmas\u0131,\u00a0\u0130\u015fsizlik oran\u0131n\u0131n y\u00fczde 4,4\u2019e gerilemesi,\u00a0Ortalama saatlik kazan\u00e7lar\u0131n ayl\u0131k y\u00fczde 0,3, y\u0131ll\u0131k y\u00fczde 3,6 artmas\u0131 beklenmektedir.<\/p>\n
Cuma g\u00fcn\u00fc, ayr\u0131ca, \u015fubat ay\u0131n\u0131n \u00f6nc\u00fc Michigan \u00dcniversitesi T\u00fcketici G\u00fcven Endeksi a\u00e7\u0131klanacak. Aral\u0131k ve ocakta artan endeks, ocakta 52,9\u2019dan 56,4\u2019e y\u00fckselmi\u015fti. \u015eubatta 55,4\u2019e gerilemesi beklenmektedir.<\/p>\n
Yurt i\u00e7inde bu hafta \u0130SO imalat PMI, enflasyon verileri, d\u0131\u015f ticaret verileri ve Hazine nakit ger\u00e7ekle\u015fmeleri takip edilebilir.<\/p>\n
Yurt i\u00e7inde haftan\u0131n ilk i\u015flem g\u00fcn\u00fc ocak ay\u0131 \u0130stanbul Sanayi Odas\u0131 (\u0130SO) T\u00fcrkiye \u0130malat PMI Raporu takip edilecek. \u0130SO imalat PMI aral\u0131kta 48,00\u2019den 48,90\u2019a y\u00fckselerek daralma b\u00f6lgesinde kalsa da son bir y\u0131l\u0131n en y\u00fcksek d\u00fczeyine \u00e7\u0131km\u0131\u015ft\u0131. Rapora g\u00f6re aral\u0131k ay\u0131nda \u00fcretim, yeni sipari\u015fler ve istihdamda daralma h\u0131z kesti ve enflasyonist bask\u0131lar g\u00fc\u00e7lendi.<\/p>\n
T\u00dc\u0130K, sal\u0131 g\u00fcn\u00fc ocak ay\u0131n\u0131n T\u00dcFE ve Y\u0130-\u00dcFE rakamlar\u0131n\u0131 yay\u0131mlayacak. Ayr\u0131ca, Ticaret Bakanl\u0131\u011f\u0131 ocak ay\u0131n\u0131n \u00f6nc\u00fc d\u0131\u015f ticaret istatistiklerini a\u00e7\u0131klayacak.<\/p>\n
Matriks Haber\u2019in anketine g\u00f6re ekonomistlerin T\u00dcFE i\u00e7in medyan tahmini ayl\u0131k y\u00fczde 4,20, y\u0131ll\u0131k y\u00fczde 29,90 art\u0131\u015f y\u00f6n\u00fcnde oldu. Ayr\u0131ca, C Grubu T\u00dcFE i\u00e7in tahminlerin medyan\u0131 ayl\u0131k y\u00fczde 4,22, y\u0131ll\u0131k y\u00fczde 29,50 art\u0131\u015f y\u00f6n\u00fcnde ger\u00e7ekle\u015fti. Matriks Haber anketine g\u00f6re ekonomistlerin y\u0131l sonu T\u00dcFE beklentisi y\u00fczde 23,55 seviyesinde bulunuyor.<\/p>\n
Hafta sonu, ulusal enflasyon verileri i\u00e7in \u00f6nc\u00fc g\u00f6sterge niteli\u011findeki \u0130stanbul Ticaret Odas\u0131\u2019n\u0131n (\u0130TO) \u0130stanbul enflasyon verileri yay\u0131mland\u0131. Buna g\u00f6re \u0130stanbul T\u00fcketici Fiyat \u0130ndeksi ocakta ayl\u0131k y\u00fczde 4,56, y\u0131ll\u0131k y\u00fczde 36,15 artt\u0131.<\/p>\n
T\u00dcFE, aral\u0131kta bir \u00f6nceki aya g\u00f6re y\u00fczde 0,89, aral\u0131k ay\u0131na g\u00f6re y\u00fczde 30,89, bir \u00f6nceki y\u0131l\u0131n ayn\u0131 ay\u0131na g\u00f6re y\u00fczde 30,89 ve on iki ayl\u0131k ortalamalara g\u00f6re y\u00fczde 34,88 artm\u0131\u015ft\u0131. Ayn\u0131 d\u00f6nemde C Grubu \u00e7ekirdek T\u00dcFE ayl\u0131k y\u00fczde 0,63, y\u0131ll\u0131k y\u00fczde 31,08 art\u0131\u015f g\u00f6sterdi.<\/p>\n
Yurt \u0130\u00e7i \u00dcretici Fiyat Endeksi\u00a0(Y\u0130-\u00dcFE) aral\u0131kta ayl\u0131k y\u00fczde 0,75, aral\u0131k ay\u0131na g\u00f6re y\u00fczde 27,67, y\u0131ll\u0131k y\u00fczde 27,67 ve on iki ayl\u0131k ortalamalara g\u00f6re y\u00fczde 25,36 artt\u0131.<\/p>\n
T\u00dc\u0130K\u2019in ge\u00e7en hafta yay\u0131mlad\u0131\u011f\u0131 nihai d\u0131\u015f ticaret istatistiklerine g\u00f6re aral\u0131kta, genel ticaret sistemine g\u00f6re ihracat y\u00fczde 12,7 art\u0131\u015fla 26,37mlr USD, ithalat y\u00fczde 10,7 art\u0131\u015fla 35,67mlr USD olurken d\u0131\u015f ticaret a\u00e7\u0131\u011f\u0131 y\u00fczde 5,6 art\u0131\u015fla 9,30mlr USD oldu. 2025 y\u0131l\u0131n\u0131n tamam\u0131nda ihracat y\u00fczde 4,4 art\u0131\u015fla 273,36mlr USD, ithalat y\u00fczde 10,7 art\u0131\u015fla 35,67mlr USD olurken d\u0131\u015f ticaret a\u00e7\u0131\u011f\u0131 y\u00fczde 11,9 art\u0131\u015fla 92,01mlr USD oldu.<\/p>\n
Hazine Maliye Bakanl\u0131\u011f\u0131 (HMB) haftan\u0131n son i\u015flem g\u00fcn\u00fc aral\u0131k ay\u0131n\u0131n Hazine nakit ger\u00e7ekle\u015fmelerini yay\u0131mlayacak. HMB\u2019nin son verilerine g\u00f6re kas\u0131mda hazine nakit dengesi 333,15mlr TL a\u00e7\u0131k verirken faiz d\u0131\u015f\u0131 denge 216,92mlr TL a\u00e7\u0131k verdi. Ocak-kas\u0131m d\u00f6neminde hazine nakit dengesi 2.11trln TL a\u00e7\u0131k verirken faiz d\u0131\u015f\u0131 denge 181,51mlr TL a\u00e7\u0131k verdi.”<\/p>\n
<\/strong> \u0130stanbul, 2 \u015eubat (Hibya) – Piramit Menkul K\u0131ymetler, Fed\u2019in para politikas\u0131 toplant\u0131s\u0131n\u0131n ard\u0131ndan bu hafta \u0130ngiltere ve Avrupa merkez bankalar\u0131n\u0131n toplant\u0131lar\u0131n\u0131n takip edilece\u011fi ve piyasalar\u0131n, ABD resmi istihdam raporuna odaklanaca\u011f\u0131n\u0131 a\u00e7\u0131klad\u0131.<\/p>\n","protected":false},"author":1,"featured_media":41234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[12,4,1],"tags":[],"class_list":["post-41233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-spor","category-dunya","category-ekonomi"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/41233","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=41233"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/41233\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/41234"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=41233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=41233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=41233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"