GCM Yat\u0131r\u0131m Ara\u015ft\u0131rma M\u00fcd\u00fcr\u00fc Kudret Ayy\u0131ld\u0131r’\u0131n analizine g\u00f6re, brent petrol fiyatlar\u0131n\u0131n 85 dolar seviyesine ula\u015fmas\u0131, enerji maliyetlerinden kaynakl\u0131 enflasyon bask\u0131s\u0131n\u0131n yeniden g\u00fcndeme gelebilece\u011fi endi\u015felerini art\u0131r\u0131yor. Bu durum, d\u00fcnyan\u0131n en \u00f6nemli merkez bankas\u0131 olan ABD Merkez Bankas\u0131 (Fed) a\u00e7\u0131s\u0131ndan faiz indirimi konusunda daha temkinli bir yakla\u015f\u0131m\u0131n fiyatlanmas\u0131na yol a\u00e7\u0131yor.<\/p>\n
GCM Yat\u0131r\u0131m Ara\u015ft\u0131rma M\u00fcd\u00fcr\u00fc Kudret Ayy\u0131ld\u0131r, swap piyasas\u0131 fiyatlamalar\u0131n\u0131n hem faiz indirimi say\u0131s\u0131 hem de zamanlamas\u0131 a\u00e7\u0131s\u0131ndan \u00f6teleme riskini fiyatlamaya ba\u015flad\u0131\u011f\u0131n\u0131 belirterek, \u201cJeopolitik geli\u015fmeler para politikas\u0131 beklentilerini do\u011frudan etkileyebilir\u201d de\u011ferlendirmesinde bulundu. Ayy\u0131ld\u0131r, mevcut belirsizlik ortam\u0131nda 18 Mart\u2019ta ger\u00e7ekle\u015ftirilecek Fed toplant\u0131s\u0131 \u00f6ncesinde istihdam verilerine y\u00fcklenen anlam\u0131n daha hassas hale geldi\u011fini vurgulad\u0131.<\/p>\n
Tar\u0131m D\u0131\u015f\u0131 \u0130stihdam (NFP) verisine ili\u015fkin 65 ekonomist ve analistin tahminleri, piyasa medyan\u0131n\u0131n 55 bin seviyesinde yo\u011funla\u015ft\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Kudret Ayy\u0131ld\u0131r, \u201cMedyan beklentiden sapacak bir veri Fed\u2019in faiz indirimi patikas\u0131na y\u00f6nelik beklentiler a\u00e7\u0131s\u0131ndan kritik rol oynayabilir\u201d dedi. \u0130\u015fsizlik oran\u0131na dair medyan beklentinin y\u00fczde 4,30 oldu\u011funu belirten Ayy\u0131ld\u0131r, ger\u00e7ekle\u015fmenin bu seviyenin alt\u0131nda olmas\u0131 durumunda piyasalar\u0131n rahatlayabilece\u011fini, \u00fcst\u00fcnde ger\u00e7ekle\u015firse risk alg\u0131s\u0131n\u0131n artabilece\u011fini ifade etti.<\/p>\n
Ayy\u0131ld\u0131r, ge\u00e7mi\u015f d\u00f6nem fiyatlama davran\u0131\u015flar\u0131na dikkat \u00e7ekerek, 11 \u015eubat 2026\u2019de a\u00e7\u0131klanan ABD verileri sonras\u0131 EURUSD ve ons alt\u0131n\u0131n k\u0131sa s\u00fcreli negatif performans g\u00f6sterdi\u011fini, ancak fiyatlaman\u0131n takip eden dakikalarda i\u015flem hacmi ve piyasa alg\u0131s\u0131 a\u00e7\u0131s\u0131ndan farkl\u0131 bir seyir izledi\u011fini hat\u0131rlatt\u0131. Ona g\u00f6re, jeopolitik geli\u015fmeler k\u0131sa vadede volatilite yarat\u0131rken, orta ve uzun vadeli fiyatlamalarda makroekonomik g\u00f6stergelerin belirleyici olmaya devam etti\u011fi g\u00f6r\u00fcl\u00fcyor.<\/p>\n
Sonu\u00e7 olarak Ayy\u0131ld\u0131r, yat\u0131r\u0131mc\u0131lar\u0131n hem jeopolitik riskleri hem de makroekonomik verileri birlikte de\u011ferlendirmeleri gerekti\u011fini, istihdam verilerinin Fed\u2019in faiz indirimi beklentilerini yorumlamak a\u00e7\u0131s\u0131ndan piyasalar i\u00e7in \u00f6nemli bir g\u00f6sterge oldu\u011funu belirtti.<\/p>\n
<\/strong> \u0130stanbul, 5 Mart (Hibya) – ABD ve \u0130srail\u2019in \u0130ran\u2019a ger\u00e7ekle\u015ftirdi\u011fi ortak sald\u0131r\u0131 sonras\u0131 jeopolitik risklerin finansal piyasalar \u00fczerinde etkili oldu\u011fu g\u00f6zlemleniyor.<\/p>\n","protected":false},"author":1,"featured_media":56658,"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-56657","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\/56657","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=56657"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/56657\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/56658"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=56657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=56657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=56657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"