A1 Capital taraf\u0131ndan yay\u0131mlanan notunda, ABD\/\u0130srail ile \u0130ran aras\u0131ndaki jeopolitik gerilimin yeniden t\u0131rmanma riskine dikkat \u00e7ekilerek piyasalarda artan k\u0131r\u0131lganl\u0131k aktar\u0131ld\u0131. Notta, son g\u00fcnlerde ate\u015fkes ve diplomatik \u00e7\u00f6z\u00fcm beklentilerinin fiyatland\u0131\u011f\u0131, ancak yeni geli\u015fmelerle birlikte \u00e7at\u0131\u015fman\u0131n yeniden b\u00fcy\u00fcyebilece\u011fine y\u00f6nelik endi\u015felerin g\u00fc\u00e7lendi\u011fi ifade edildi. ABD\u2019nin \u0130ran\u2019a y\u00f6nelik askeri operasyonlar\u0131 ger\u00e7ekle\u015ftirdi\u011fi, \u0130ran\u2019\u0131n ise \u00dcrd\u00fcn ve K\u00f6rfez b\u00f6lgesindeki baz\u0131 ABD hedeflerine sald\u0131r\u0131lar d\u00fczenledi\u011fi y\u00f6n\u00fcndeki a\u00e7\u0131klamalar\u0131n piyasalar taraf\u0131ndan yak\u0131ndan takip edildi\u011fi aktar\u0131ld\u0131. \u0130srail taraf\u0131n\u0131n da \u0130ran\u2019a kar\u015f\u0131 yeni operasyon se\u00e7eneklerini masada tuttu\u011fu belirtilirken, diplomatik kanallar\u0131n tamamen kapanmad\u0131\u011f\u0131 ancak s\u00fcrecin olduk\u00e7a k\u0131r\u0131lgan hale geldi\u011fi ifade edildi.<\/p>\n
K\u00fcresel piyasalar a\u00e7\u0131s\u0131ndan en kritik riskin enerji arz\u0131 oldu\u011fu vurgulanan notta, d\u00fcnya petrol ticaretinin yakla\u015f\u0131k be\u015fte birinin K\u00f6rfez \u00fczerinden ge\u00e7ti\u011fi ve H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019n\u0131n halen en \u00f6nemli jeopolitik risk noktas\u0131 oldu\u011fu ifade edildi. Son d\u00f6nemde tanker ge\u00e7i\u015flerinin k\u0131smen yeniden ba\u015flad\u0131\u011f\u0131 ancak trafi\u011fin h\u00e2l\u00e2 kriz \u00f6ncesi seviyelerin olduk\u00e7a alt\u0131nda bulundu\u011fu, sigorta maliyetlerinin y\u00fckseldi\u011fi ve navlun \u00fccretlerinin ola\u011fan\u00fcst\u00fc seviyelerde seyretti\u011fi aktar\u0131ld\u0131. B\u00fcy\u00fck enerji \u015firketlerinin b\u00f6lgedeki operasyonlar\u0131nda ek g\u00fcvenlik maliyetlerine katland\u0131\u011f\u0131 da notta yer ald\u0131.<\/p>\n
Piyasa beklentilerine ili\u015fkin de\u011ferlendirmede, ABD kaynaklar\u0131na at\u0131fla Trump\u2019\u0131n a\u00e7\u0131klamalar\u0131 do\u011frultusunda anla\u015fma ihtimalinin \u201c2 saatten 2 g\u00fcne, 2 haftadan 2 aya kadar\u201d de\u011fi\u015fen zaman aral\u0131klar\u0131nda g\u00fcndemde oldu\u011fu ifade edildi.<\/p>\n
Petrol fiyatlar\u0131na ili\u015fkin b\u00f6l\u00fcmde Brent petrol\u00fcn son g\u00fcnlerdeki geri \u00e7ekilmenin ard\u0131ndan yeniden y\u00fckseli\u015fe ge\u00e7ti\u011fi ve 92\u201393 dolar band\u0131nda i\u015flem g\u00f6rd\u00fc\u011f\u00fc aktar\u0131ld\u0131. K\u0131sa s\u00fcre \u00f6nce 98 dolar seviyelerinin test edildi\u011fi, \u0130ran\u2013\u0130srail geriliminin azalaca\u011f\u0131 beklentisinin fiyatlar\u0131 a\u015fa\u011f\u0131 \u00e7ekti\u011fi ancak son geli\u015fmelerin risk alg\u0131s\u0131n\u0131 yeniden art\u0131rd\u0131\u011f\u0131 ifade edildi. ABD\u2019nin \u0130ran\u2019a y\u00f6nelik operasyonlar\u0131n\u0131n devam etmesi, \u0130ran\u2019\u0131n K\u00f6rfez\u2019deki misillemeleri ve H\u00fcrm\u00fcz Bo\u011faz\u0131\u2019ndaki d\u00fc\u015f\u00fck kapasitenin piyasada kal\u0131c\u0131 bir jeopolitik risk primi olu\u015fturdu\u011fu vurguland\u0131.<\/p>\n
Notta, piyasan\u0131n art\u0131k Bo\u011faz\u2019\u0131n tamamen kapanmas\u0131n\u0131 de\u011fil ancak eski kapasitesine ne zaman d\u00f6nece\u011finin belirsizli\u011fini fiyatlad\u0131\u011f\u0131 ifade edildi. Bu durumun petrol fiyatlar\u0131nda kal\u0131c\u0131 bir risk primi olu\u015fturdu\u011fu belirtilirken, 95 dolar seviyesinin kritik e\u015fik oldu\u011fu aktar\u0131ld\u0131. Brent petrol\u00fcn bu seviyenin \u00fczerine \u00e7\u0131kmas\u0131 halinde Fed, ECB ve geli\u015fmekte olan \u00fclke merkez bankalar\u0131n\u0131n enflasyonla m\u00fccadele s\u00fcre\u00e7lerinin zorla\u015faca\u011f\u0131, 100 dolar \u00fczerinin ise yeni bir k\u00fcresel enflasyon \u015foku tart\u0131\u015fmas\u0131n\u0131 g\u00fcndeme getirebilece\u011fi ifade edildi.<\/p>\n
Fiziksel piyasa taraf\u0131nda ise ABD ham petrol stoklar\u0131n\u0131n d\u00fc\u015f\u00fc\u015f e\u011filiminde oldu\u011fu, k\u00fcresel petrol stoklar\u0131n\u0131n da tarihsel olarak d\u00fc\u015f\u00fck seviyelerde bulundu\u011fu aktar\u0131lm\u0131\u015ft\u0131r. Bu durumun arz taraf\u0131nda s\u0131n\u0131rl\u0131 tampon alan\u0131 b\u0131rakt\u0131\u011f\u0131 ve olas\u0131 kesintilerin fiyatlar \u00fczerinde daha g\u00fc\u00e7l\u00fc etki yaratt\u0131\u011f\u0131 ifade edilmi\u015ftir.<\/p>\n
Alt\u0131n piyasas\u0131na ili\u015fkin de\u011ferlendirmede, jeopolitik risklerin y\u00fcksek olmas\u0131na ra\u011fmen alt\u0131n\u0131n son d\u00f6nemde zay\u0131f performans g\u00f6sterdi\u011fi ifade edilmi\u015ftir. Bu zay\u0131fl\u0131\u011f\u0131n temel nedenleri aras\u0131nda y\u00fckselen petrol\u00fcn enflasyon beklentilerini art\u0131rmas\u0131 ve faizlerin uzun s\u00fcre y\u00fcksek kalaca\u011f\u0131 beklentisinin g\u00fc\u00e7lenmesi g\u00f6sterilmi\u015ftir. Piyasan\u0131n \u015fu anda sava\u015f riskinden \u00e7ok faiz riskine odakland\u0131\u011f\u0131, g\u00fc\u00e7l\u00fc dolar\u0131n da alt\u0131n \u00fczerindeki bask\u0131y\u0131 art\u0131rd\u0131\u011f\u0131 aktar\u0131lm\u0131\u015ft\u0131r.<\/p>\n
Citi taraf\u0131ndan yap\u0131lan de\u011ferlendirmeye at\u0131fla, alt\u0131n\u0131n \u00f6n\u00fcm\u00fczdeki d\u00f6nemde y\u00fczde 20\u2019ye varan bir d\u00fc\u015f\u00fc\u015f riski ta\u015f\u0131d\u0131\u011f\u0131 ve 0\u20133 ayl\u0131k ons alt\u0131n hedefinin 4.300 dolardan 4.000 dolara indirildi\u011fi bilgisi payla\u015f\u0131lm\u0131\u015ft\u0131r.<\/p>\n
G\u00fcm\u00fc\u015f taraf\u0131nda ise alt\u0131na k\u0131yasla daha zay\u0131f bir g\u00f6r\u00fcn\u00fcm oldu\u011fu, bunun nedeninin g\u00fcm\u00fc\u015f\u00fcn ayn\u0131 zamanda sanayi metali olmas\u0131 oldu\u011fu ifade edilmi\u015ftir. K\u00fcresel b\u00fcy\u00fcme beklentilerindeki bozulma ve y\u00fcksek faiz ortam\u0131n\u0131n g\u00fcm\u00fc\u015f \u00fczerinde \u00e7ift y\u00f6nl\u00fc bask\u0131 yaratt\u0131\u011f\u0131, ancak uzun vadede g\u00fcne\u015f enerjisi, elektrikli ara\u00e7lar ve veri merkezleri gibi alanlar\u0131n talebi destekledi\u011fi belirtilmi\u015ftir.<\/p>\n
K\u00fcresel piyasa g\u00f6r\u00fcn\u00fcm\u00fcne ili\u015fkin b\u00f6l\u00fcmde, yat\u0131r\u0131mc\u0131lar\u0131n genel olarak g\u00fc\u00e7l\u00fc bir risk alma i\u015ftah\u0131 g\u00f6stermedi\u011fi ancak sert bir riskten ka\u00e7\u0131\u015f da ya\u015fanmad\u0131\u011f\u0131 ifade edilmi\u015ftir. Piyasalar\u0131n ABD enflasyon verisine ve Orta Do\u011fu kaynakl\u0131 haber ak\u0131\u015f\u0131na odakland\u0131\u011f\u0131 aktar\u0131lm\u0131\u015ft\u0131r. Asya piyasalar\u0131n\u0131n temkinli ba\u015flad\u0131\u011f\u0131 ancak g\u00fcn i\u00e7inde panik havas\u0131n\u0131n olu\u015fmad\u0131\u011f\u0131, ABD vadeli i\u015flemlerinde ise sat\u0131\u015flar\u0131n s\u0131n\u0131rl\u0131 kald\u0131\u011f\u0131 ifade edilmi\u015ftir.<\/p>\n
ABD taraf\u0131nda yat\u0131r\u0131mc\u0131lar\u0131n bug\u00fcn a\u00e7\u0131klanacak T\u00dcFE verisine odakland\u0131\u011f\u0131, S&P 500 ve Nasdaq vadeli i\u015flemlerinde g\u00fc\u00e7l\u00fc bir y\u00f6n olu\u015fmad\u0131\u011f\u0131, piyasan\u0131n veri \u00f6ncesi pozisyon almak yerine bekle-g\u00f6r moduna ge\u00e7ti\u011fi ifade edilmi\u015ftir. Avrupa taraf\u0131nda ise enerji fiyatlar\u0131na daha duyarl\u0131 olunmas\u0131 nedeniyle daha zay\u0131f bir g\u00f6r\u00fcn\u00fcm sergilendi\u011fi aktar\u0131lm\u0131\u015ft\u0131r.<\/p>\n
ABD May\u0131s T\u00dcFE verisine ili\u015fkin beklentide y\u0131ll\u0131k enflasyonun y\u00fczde 3,8\u2019den y\u00fczde 4,2\u2019ye y\u00fckselmesinin beklendi\u011fi ifade edilmi\u015ftir. Verinin beklentinin alt\u0131nda gelmesi halinde tahvil faizlerinde d\u00fc\u015f\u00fc\u015f, dolar zay\u0131flamas\u0131, alt\u0131n y\u00fckseli\u015fi ve geli\u015fmekte olan piyasalarda rahatlama g\u00f6r\u00fclebilece\u011fi; beklentinin \u00fczerinde gelmesi halinde ise Fed\u2019in s\u0131k\u0131 duru\u015funun g\u00fc\u00e7lenece\u011fi, dolar\u0131n de\u011fer kazanaca\u011f\u0131, tahvil faizlerinin y\u00fckselece\u011fi ve riskli varl\u0131klarda sat\u0131\u015f bask\u0131s\u0131n\u0131n artabilece\u011fi ifade edilmi\u015ftir.<\/p>\n
Makro geli\u015fmeler b\u00f6l\u00fcm\u00fcnde ABD Merkez Bankas\u0131\u2019n\u0131n 32 b\u00fcy\u00fck bankaya y\u00f6nelik stres testinin 24 Haziran\u2019da a\u00e7\u0131klanaca\u011f\u0131, senaryoda a\u011f\u0131r k\u00fcresel resesyon ve ticari gayrimenkul piyasalar\u0131nda stres unsurlar\u0131n\u0131n yer ald\u0131\u011f\u0131 aktar\u0131lm\u0131\u015ft\u0131r. CENTCOM\u2019un H\u00fcrm\u00fcz Bo\u011faz\u0131 \u00fczerinde d\u00fc\u015fen Apache helikopteri sonras\u0131 \u0130ran\u2019a y\u00f6nelik sald\u0131r\u0131lar\u0131n\u0131 tamamlad\u0131\u011f\u0131n\u0131 bildirdi\u011fi ifade edilmi\u015ftir. ABD Ba\u015fkan Yard\u0131mc\u0131s\u0131 JD Vance\u2019in \u0130ran n\u00fckleer anla\u015fmas\u0131na ili\u015fkin s\u00fcrecin gelecek hafta veya birka\u00e7 ay i\u00e7inde sonu\u00e7lanabilece\u011fini s\u00f6yledi\u011fi aktar\u0131lm\u0131\u015ft\u0131r.<\/p>\n
AB savunma \u015fefinin Avrupa\u2019n\u0131n savunma a\u00e7\u0131\u011f\u0131n\u0131 kapatman\u0131n 500 milyar euroya mal olabilece\u011fini belirtti\u011fi, T\u00fcrkiye ve Kanada\u2019n\u0131n da olas\u0131 yeni Avrupa savunma mimarisi i\u00e7inde de\u011ferlendirilebilece\u011fine ili\u015fkin ifadelerin yer ald\u0131\u011f\u0131 aktar\u0131lm\u0131\u015ft\u0131r. BYD\u2019nin T\u00fcrkiye\u2019de planlad\u0131\u011f\u0131 fabrika yat\u0131r\u0131m\u0131n\u0131 ask\u0131ya ald\u0131\u011f\u0131, \u00c7in\u2019de \u00fcretici enflasyonunun y\u00fckseldi\u011fi, Japonya\u2019da toptan enflasyonun son 3 y\u0131l\u0131n zirvesine \u00e7\u0131kt\u0131\u011f\u0131 ifade edilmi\u015ftir. BofA\u2019n\u0131n \u00c7in ihracat\u0131na ili\u015fkin diren\u00e7 beklentisi ve Japonya Merkez Bankas\u0131\u2019n\u0131n faiz art\u0131\u015flar\u0131n\u0131 yava\u015f s\u00fcrd\u00fcrebilece\u011fi de\u011ferlendirmeleri de notta yer alm\u0131\u015ft\u0131r. Citi\u2019nin alt\u0131n fiyatlar\u0131na ili\u015fkin d\u00fc\u015f\u00fc\u015f uyar\u0131s\u0131 da ayr\u0131ca aktar\u0131lm\u0131\u015ft\u0131r.<\/p>\n
\u015eirket haberleri ve KAP ak\u0131\u015f\u0131nda ise AGESA\u2019n\u0131n sermaye art\u0131\u015f s\u00fcrecinin tamamland\u0131\u011f\u0131, ALKLC\u2019nin uluslararas\u0131 s\u00fct \u00fcr\u00fcnleri \u015firketi ile i\u015f birli\u011fi g\u00f6r\u00fc\u015fmelerine ba\u015flad\u0131\u011f\u0131, BAGFS\u2019te sermaye art\u0131r\u0131m\u0131 davas\u0131 s\u00fcrecinin birle\u015ftirildi\u011fi ifade edilmi\u015ftir. BVSAN\u2019\u0131n 22 adet vin\u00e7 i\u00e7in 1,925 milyon Euro\u2019luk s\u00f6zle\u015fme imzalad\u0131\u011f\u0131, EFOR\u2019un g\u00fc\u00e7l\u00fc sat\u0131\u015f performans\u0131 ile 507,5 milyon TL ciroya ula\u015ft\u0131\u011f\u0131 aktar\u0131lm\u0131\u015ft\u0131r. HALKB\u2019nin 5 milyar dolara kadar bor\u00e7lanma yetkisi ald\u0131\u011f\u0131, HLGYO\u2019nun rayl\u0131 sistemler ortak projesi kurdu\u011fu, TKFEN\u2019in OYAK ile pay devri g\u00f6r\u00fc\u015fmelerine ba\u015flad\u0131\u011f\u0131 ve TTRAK\u2019\u0131n 606 milyon TL\u2019lik yat\u0131r\u0131m te\u015fvik onay\u0131 ald\u0131\u011f\u0131 ifade edilmi\u015ftir. Ayr\u0131ca bir\u00e7ok \u015firkette y\u00f6netim kurulu kararlar\u0131, huzur hakk\u0131 d\u00fczenlemeleri, ba\u011fl\u0131 ortakl\u0131k kurulumu ve sat\u0131\u015f s\u00f6zle\u015fmelerine ili\u015fkin KAP bildirimlerinin yay\u0131mland\u0131\u011f\u0131 aktar\u0131ld\u0131.<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
\u00a0<\/p>\n
\u00a0 <\/strong> \u0130stanbul, 10 Haziran (Hibya) – A1 Capital Ara\u015ft\u0131rma taraf\u0131ndan yay\u0131mlanan de\u011ferlendirmede, ABD\u2013\u0130srail ile \u0130ran aras\u0131ndaki gerilimin yeniden t\u0131rmanma riskinin piyasalar\u0131 bask\u0131lad\u0131\u011f\u0131 ifade edildi.<\/p>\n","protected":false},"author":1,"featured_media":97130,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow07ekDA:productID":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-97129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi"],"_links":{"self":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/97129","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=97129"}],"version-history":[{"count":0,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/posts\/97129\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media\/97130"}],"wp:attachment":[{"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/media?parent=97129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/categories?post=97129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ekonomigundemi.com.tr\/index.php\/wp-json\/wp\/v2\/tags?post=97129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nEKONOM\u0130 GAZETES\u0130 <\/p>\n","protected":false},"excerpt":{"rendered":"