Ge\u00e7en hafta ABD Merkez Bankas\u0131n\u0131n (Fed) aral\u0131k ay\u0131 toplant\u0131s\u0131na y\u00f6nelik belirsizlikler ve teknoloji hisselerindeki d\u00fc\u015f\u00fc\u015f\u00fcn etkisiyle negatif bir seyir \u00f6ne \u00e7\u0131karken, gelecek hafta g\u00f6zler yo\u011fun veri g\u00fcndemine \u00e7evrildi.
ABD\u2019de tarihin en uzun h\u00fck\u00fcmet kapanmas\u0131 geride kal\u0131rken a\u00e7\u0131klanmaya ba\u015flanan ekonomik veriler yat\u0131r\u0131mc\u0131lar taraf\u0131ndan yak\u0131ndan takip ediliyor.<\/p>\n\n\n\n
Ge\u00e7en hafta a\u00e7\u0131klanan verilere g\u00f6re, ABD’de tar\u0131m d\u0131\u015f\u0131 istihdam eyl\u00fclde 119 bin ki\u015fi artarak beklentilerin \u00fczerinde ger\u00e7ekle\u015firken i\u015fsizlik oran\u0131 y\u00fczde 4,3’ten 4,4’e \u00e7\u0131kt\u0131. \u00dclkede ilk kez i\u015fsizlik maa\u015f\u0131 ba\u015fvurusu yapanlar\u0131n say\u0131s\u0131 ise 15 Kas\u0131m ile biten haftada bir \u00f6nceki haftaya k\u0131yasla 8 bin ki\u015fi azalarak 220 bine geriledi.<\/p>\n\n\n\n
Analistler, tar\u0131m d\u0131\u015f\u0131 istihdam verisindeki toparlanman\u0131n \u00fclkedeki istihdam piyasas\u0131na y\u00f6nelik so\u011fuma endi\u015felerini azaltt\u0131\u011f\u0131n\u0131 s\u00f6yledi. \u00dclkede beklenenden daha g\u00fc\u00e7l\u00fc bir istihdam art\u0131\u015f\u0131na i\u015faret eden veriler, Fed’in 9-10 Aral\u0131k tarihlerindeki toplant\u0131s\u0131 \u00f6ncesinde a\u00e7\u0131klanan son istihdam verisi oldu.<\/p>\n\n\n\n
\u00d6te yandan, ABD \u00c7al\u0131\u015fma \u0130statistikleri B\u00fcrosu, federal h\u00fck\u00fcmetin kapal\u0131 oldu\u011fu s\u00fcre\u00e7te verilerin toplanamamas\u0131 nedeniyle ekim ay\u0131na ili\u015fkin T\u00fcketici Fiyat Endeksi (T\u00dcFE) verisinin yay\u0131mlanmayaca\u011f\u0131n\u0131 duyurdu.<\/p>\n\n\n\n
Daha \u00f6nce 10 Aral\u0131k’ta yay\u0131mlanmas\u0131 planlanan kas\u0131m ay\u0131 T\u00dcFE verisinin ise 18 Aral\u0131k’ta a\u00e7\u0131klanaca\u011f\u0131 bildirildi.<\/p>\n\n\n\n
Para politikas\u0131 taraf\u0131nda, Fed’in son toplant\u0131s\u0131na ili\u015fkin tutanaklar faiz indirimleri konusunda g\u00f6r\u00fc\u015f ayr\u0131l\u0131\u011f\u0131 oldu\u011funu ortaya koydu. Tutanaklarda, “Komitenin aral\u0131k toplant\u0131s\u0131nda hangi politika karar\u0131n\u0131n en uygun olaca\u011f\u0131 konusunda g\u00fc\u00e7l\u00fc \u015fekilde farkl\u0131la\u015fan g\u00f6r\u00fc\u015fler dile getirildi.” ifadeleri kullan\u0131ld\u0131.<\/p>\n\n\n\n
Fed yetkililerinden hafta boyunca gelen a\u00e7\u0131klamalar da tutanaklardaki ayr\u0131\u015fmay\u0131 kan\u0131tlad\u0131. Para piyasalar\u0131nda Fed’in aral\u0131k ay\u0131na y\u00f6nelik faiz indirim beklentileri Fed yetkililerinden gelen ayr\u0131\u015fan mesajlar\u0131n etkisiyle sert de\u011fi\u015fimler g\u00f6sterirken piyasalarda Fed’in aral\u0131k ay\u0131ndaki karar\u0131na y\u00f6nelik belirsizlikler y\u00fcksek kalmay\u0131 s\u00fcrd\u00fcrd\u00fc.<\/p>\n\n\n\n
Cleveland Fed Ba\u015fkan\u0131 Beth Hammack, enflasyonu y\u00fczde 2 hedefine d\u00fc\u015f\u00fcrmeye devam edebilmek i\u00e7in \u0131l\u0131ml\u0131 ve bir nebze k\u0131s\u0131tlay\u0131c\u0131 politika duru\u015funun s\u00fcrd\u00fcr\u00fclmesi gerekti\u011fini belirtti.<\/p>\n\n\n\n
Fed Y\u00f6netim Kurulu \u00dcyesi Michael Barr da bankan\u0131n daha fazla faiz indirimini de\u011ferlendirirken temkinli hareket etmesi gerekti\u011fini s\u00f6yledi. Barr, enflasyonun hala y\u00fczde 3 civar\u0131nda seyretmesinden endi\u015fe duydu\u011funu vurgulad\u0131.<\/p>\n\n\n\n
Chicago Fed Ba\u015fkan\u0131 Austan Goolsbee ise enflasyonda kaydedilen ilerlemenin durmu\u015f gibi g\u00f6r\u00fcnd\u00fc\u011f\u00fcn\u00fc ve ters y\u00f6ne gidebilece\u011fine dair uyar\u0131lar verdi\u011fini belirterek bunun kendisini huzursuz etti\u011fini ifade etti.<\/p>\n\n\n\n
Bunlara kar\u015f\u0131n New York Fed Ba\u015fkan\u0131 John Williams’\u0131n i\u015f g\u00fcc\u00fc piyasas\u0131n\u0131n zay\u0131flamas\u0131yla k\u0131sa vadede faiz oranlar\u0131n\u0131n yeniden d\u00fc\u015f\u00fcr\u00fclmesi i\u00e7in alan g\u00f6rd\u00fc\u011f\u00fcn\u00fc s\u00f6yledi. \u0130stihdama y\u00f6nelik a\u015fa\u011f\u0131 y\u00f6nl\u00fc risklerin artt\u0131\u011f\u0131n\u0131, enflasyona y\u00f6nelik yukar\u0131 y\u00f6nl\u00fc risklerin ise azald\u0131\u011f\u0131n\u0131 belirten Williams, para politikas\u0131n\u0131n \u0131l\u0131ml\u0131 \u015fekilde k\u0131s\u0131tlay\u0131c\u0131 oldu\u011funu d\u00fc\u015f\u00fcnd\u00fc\u011f\u00fcn\u00fc aktard\u0131.<\/p>\n\n\n\n
New York Fed Ba\u015fkan\u0131 Williams’\u0131n a\u00e7\u0131klamalar\u0131 sonras\u0131 para piyasalar\u0131ndaki fiyatlamalarda Fed’in aral\u0131k toplant\u0131s\u0131nda faiz indirimine gitme ihtimali y\u00fczde 70’in \u00fczerine \u00e7\u0131kt\u0131.<\/p>\n\n\n\n
Bunlar\u0131n yan\u0131 s\u0131ra Fed Y\u00f6netim Kurulu \u00dcyesi Lisa Cook ge\u00e7en hafta “y\u00fcksek de\u011ferleme” endi\u015felerine y\u00f6nelik konu\u015furken finansal sistemdeki baz\u0131 risklere vurgu yapt\u0131.<\/p>\n\n\n\n
Cook, ABD ekonomisini desteklemeye yard\u0131mc\u0131 olan tarihsel olarak y\u00fcksek seviyelerdeki varl\u0131k fiyatlar\u0131ndaki bir \u00e7\u00f6k\u00fc\u015fe \u015fa\u015f\u0131rmayaca\u011f\u0131n\u0131 belirterek “\u015eu anda, varl\u0131k fiyatlar\u0131nda b\u00fcy\u00fck d\u00fc\u015f\u00fc\u015fler ya\u015fanma olas\u0131l\u0131\u011f\u0131n\u0131n artt\u0131\u011f\u0131n\u0131 izlemliyorum.” dedi.<\/p>\n\n\n\n
B\u00f6yle bir d\u00fc\u015f\u00fc\u015f\u00fcn tek ba\u015f\u0131na finans piyasalar\u0131nda istikrars\u0131zl\u0131\u011fa i\u015faret etmeyece\u011fini belirten Cook, finansal sistem i\u00e7in bir dizi risk bulundu\u011funu bunlar\u0131n ise h\u0131zla b\u00fcy\u00fcyen \u00f6zel kredi piyasalar\u0131, hazine menkul k\u0131ymetleri piyasas\u0131ndaki hedge fon ticareti ve makine tabanl\u0131 ticarete \u00fcretken yapay zekan\u0131n benimsenmesinin yer ald\u0131\u011f\u0131n\u0131 belirtti.<\/p>\n\n\n\n
Bu geli\u015fmelerle New York borsas\u0131nda ge\u00e7en hafta sat\u0131c\u0131l\u0131 bir seyir \u00f6ne \u00e7\u0131kt\u0131. Haftal\u0131k bazda New York borsas\u0131nda S&P 500 y\u00fczde 1,95, Nasdaq endeksi y\u00fczde 2,74 ve Dow Jones endeksi y\u00fczde 1,91 d\u00fc\u015ft\u00fc.<\/p>\n\n\n\n
Kurumsal tarafta ise ge\u00e7en hafta beklentilerin \u00fczerinde finansal sonu\u00e7lar a\u00e7\u0131klanmas\u0131na y\u00fckselen Nvidia hisseleri, teknoloji hisselerine y\u00f6nelik y\u00fcksek de\u011ferleme endi\u015felerinin etkisiyle haftay\u0131 y\u00fczde 5,9 d\u00fc\u015f\u00fc\u015fle tamamlad\u0131.<\/p>\n\n\n\n
Teknoloji hisseleri ve yar\u0131 iletken hisselerindeki sat\u0131c\u0131l\u0131 seyir ge\u00e7en hafta da etkisini g\u00f6stermeye devam etti. Haftal\u0131k bazda AMD’nin hisseleri y\u00fczde 17,4, Palantir Technologies’in hisseleri y\u00fczde 11, Amazon’un hisseleri y\u00fczde 6, Intel’in hisseleri y\u00fczde 2,9 ve Meta’n\u0131n hisseleri y\u00fczde 2,5 d\u00fc\u015f\u00fc\u015fle haftay\u0131 tamamlad\u0131.<\/p>\n\n\n\n
ABD’nin 10 y\u0131ll\u0131k tahvilinde yat\u0131r\u0131mc\u0131lar\u0131n daha g\u00fcvenli bir yat\u0131r\u0131m arac\u0131 talebinin etkisiyle al\u0131c\u0131l\u0131 bir seyir \u00f6ne \u00e7\u0131karken, tahvil faizi 7 baz puan azal\u0131\u015fla y\u00fczde 4,07 seviyesine geriledi. Alt\u0131n\u0131n ons fiyat\u0131 haftal\u0131k bazda y\u00fczde 0,52 azal\u0131\u015fla 4 bin 66 dolardan kapan\u0131rken, de\u011ferli metalde denge aray\u0131\u015f\u0131 \u00f6ne \u00e7\u0131k\u0131yor.<\/p>\n\n\n\n
Dolar endeksi haftal\u0131k bazda y\u00fczde 0,9 art\u0131\u015fla 100,2 seviyesinden kapand\u0131. Brent petrol\u00fcn varil fiyat\u0131 ise haftay\u0131 y\u00fczde 3,1 de\u011fer kayb\u0131yla 61,9 dolardan tamamlad\u0131.<\/p>\n\n\n\n
24 Kas\u0131m ile ba\u015flayacak haftada pazartesi Dallas Fed imalat endeksi, sal\u0131 \u00fcretici enflasyonu ve perakende sat\u0131\u015flar, \u00e7ar\u015famba Fed’in Bej Kitap Raporu ve haftal\u0131k i\u015fsizlik maa\u015f\u0131 ba\u015fvurular\u0131 takip edilecek. \u015e\u00fckran g\u00fcn\u00fc tatili sebebiyle New York borsas\u0131 per\u015fembe g\u00fcn\u00fc kapal\u0131 olacak. Cuma g\u00fcn\u00fc ise i\u015flemler yar\u0131m g\u00fcn ger\u00e7ekle\u015fecek.<\/p>\n\n\n\n
Avrupa borsalar\u0131 ge\u00e7en hafta sat\u0131c\u0131l\u0131 seyrederken gelecek hafta Avrupa Merkez Bankas\u0131 (ECB) Ba\u015fkan\u0131 Christine Lagarde\u2019\u0131n konu\u015fmas\u0131 ile Almanya\u2019da b\u00fcy\u00fcme ve enflasyon verileri yak\u0131ndan takip edilecek.<\/p>\n\n\n\n
Cuma g\u00fcn\u00fc Almanya’n\u0131n Frankfurt kentinde d\u00fczenlenen 35. Avrupa Bankac\u0131l\u0131k Kongresi\u2019nde a\u00e7\u0131klamalarda bulunan ECB Ba\u015fkan\u0131 Lagarde, Avrupa Birli\u011fi\u2019nin (AB) ABD\u2019nin ticaret tarifelerinin etkisini i\u00e7 engelleri azaltarak telafi edebilece\u011fini dile getirdi.<\/p>\n\n\n\n
Lagarde, AB\u2019nin ihracat odakl\u0131 ekonomik modelinin k\u00fcresel d\u00fczeydeki korumac\u0131 e\u011filimlerle sars\u0131ld\u0131\u011f\u0131n\u0131, bunun da ABD Ba\u015fkan\u0131 Trump\u2019\u0131n g\u00fcmr\u00fck vergilerinden \u00c7in\u2019in nadir elementler \u00fczerindeki hakimiyetine kadar uzand\u0131\u011f\u0131n\u0131 vurgulad\u0131.<\/p>\n\n\n\n
ABD’nin ge\u00e7en hafta Rusya-Ukrayna Sava\u015f\u0131’n\u0131 \u00e7\u00f6zme y\u00f6n\u00fcndeki \u00e7abalar\u0131n\u0131 yeniden art\u0131rmas\u0131 Avrupa’da savunma sanayisi \u015firketlerinin hisseleri \u00fczerinde bask\u0131 olu\u015fturdu.<\/p>\n\n\n\n
B\u00f6lgede ge\u00e7en hafta a\u00e7\u0131klanan verilere g\u00f6re Avro B\u00f6lgesi’nde enflasyon ayl\u0131k y\u00fczde 0,2, y\u0131ll\u0131k y\u00fczde 2,1, ve \u00e7ekirdek enflasyon y\u00fczde 2,4 ile beklentiler dahilinde ger\u00e7ekle\u015fti.<\/p>\n\n\n\n
Bu geli\u015fmelerle ge\u00e7en hafta \u0130ngiltere’de FTSE 100 endeksi y\u00fczde 1,64, Fransa’da CAC 40 endeksi y\u00fczde 2,29, \u0130talya’da MIB 30 endeksi y\u00fczde 3,03 ve Almanya’da DAX endeksi y\u00fczde 3,29 geriledi.<\/p>\n\n\n\n
Gelecek haftan\u0131n veri takviminde \u00e7ar\u015famba Avro B\u00f6lgesi’nde ECB Ba\u015fkan\u0131 Lagarde\u2019\u0131n konu\u015fmas\u0131, Almanya\u2019da IFO i\u015f ortam\u0131 g\u00fcven endeksi, sal\u0131 Almanya\u2019da b\u00fcy\u00fcme, per\u015fembe Avro B\u00f6lgesi’nde t\u00fcketici g\u00fcven endeksi, cuma Almanya\u2019da enflasyon ve i\u015fsizlik oran\u0131 verileri yer al\u0131yor.<\/p>\n\n\n\n
Asya borsalar\u0131nda ge\u00e7en hafta sat\u0131\u015f a\u011f\u0131rl\u0131kl\u0131 bir seyir \u00f6ne \u00e7\u0131karken ABD endekslerinde artan risk alg\u0131s\u0131n\u0131n b\u00f6lge piyasalar\u0131na da yans\u0131d\u0131\u011f\u0131 g\u00f6zlendi.<\/p>\n\n\n\n
Ayr\u0131ca Japonya\u2019daki mali kayg\u0131lar\u0131n yan\u0131 s\u0131ra \u00fclkede a\u00e7\u0131klanan ekonomik te\u015fvik paketi, enflasyonist bask\u0131lar\u0131 art\u0131raca\u011f\u0131na y\u00f6nelik endi\u015feleri art\u0131rd\u0131. Japonya’da kabine, 21,3 trilyon yen tutar\u0131ndaki ekonomik te\u015fvik paketini onaylad\u0131. S\u00f6z konusu ad\u0131m geni\u015fleyici mali \u00f6nlemler alma vaadi veren yeni lider Takai\u00e7i Sanae’nin ilk b\u00fcy\u00fck ad\u0131m\u0131 oldu.<\/p>\n\n\n\n
Paket, Kovid-19 salg\u0131n\u0131ndan bu yana en b\u00fcy\u00fck te\u015fviki temsil eden 17,7 trilyon yenlik genel hesap harcamalar\u0131n\u0131 i\u00e7eriyor. Ayr\u0131ca, paket, 2,7 trilyon yenlik vergi indirimi de kaps\u0131yor. Konuya ili\u015fkin konu\u015fan Takai\u00e7i, ekonomik b\u00fcy\u00fcme yoluyla s\u00fcrd\u00fcr\u00fclebilir kamu finansman\u0131na ula\u015fabileceklerini belirterek vergi gelirleri yeterli olmazsa, paketi yeni tahvil ihrac\u0131yla finanse edeceklerini ifade etti.<\/p>\n\n\n\n
B\u00f6lge genelinde makroekonomik veri ak\u0131\u015f\u0131 da takip edilirken Japonya’da ekim ay\u0131na ili\u015fkin T\u00dcFE y\u0131ll\u0131k bazda y\u00fczde 3 ile beklentilere paralel artt\u0131. \u00dclkede 3. \u00e7eyre\u011fe ili\u015fkin GSYH ise y\u0131ll\u0131k bazda y\u00fczde 1,8 azald\u0131. Beklentiler \u00fclke ekonomisinin y\u00fczde 2,4 daralmas\u0131 y\u00f6n\u00fcndeydi. A\u00e7\u0131klanan veri Japon ekonomisinin 6 \u00e7eyrektir ilk kez darald\u0131\u011f\u0131n\u0131 ortaya koydu.<\/p>\n\n\n\n
Analistler, Japonya’da b\u00fcy\u00fcmenin k\u00f6t\u00fc gelmesinin ABD’nin uygulad\u0131\u011f\u0131 g\u00fcmr\u00fck tarifelerinden dolay\u0131 \u00fclke ihracat\u0131n\u0131n olumsuz etkilenmesinden kaynakland\u0131\u011f\u0131n\u0131 s\u00f6yledi. ABD’nin Japonya’ya g\u00fcmr\u00fck vergilerini eyl\u00fcl ay\u0131nda y\u00fczde 15’e \u00e7ekti\u011fini an\u0131msatan analistler, bundan dolay\u0131 \u00fclkede 4. \u00e7eyrek b\u00fcy\u00fcme verisinin pozitif gelebilece\u011fini kaydetti.<\/p>\n\n\n\n
Bu arada, \u00c7in Merkez Bankas\u0131 1 y\u0131ll\u0131k kredi faiz oran\u0131 y\u00fczde 3’te, 5 y\u0131ll\u0131k kredi faiz oran\u0131n\u0131 da y\u00fczde 3,50’de sabit b\u0131rakt\u0131.<\/p>\n\n\n\n
S\u00f6z konusu geli\u015fmelerle haftal\u0131k bazda \u00c7in’de \u015eanghay bile\u015fik endeksi y\u00fczde 3,90, Hong Kong’da Hang Seng endeksi y\u00fczde 5,09, G\u00fcney Kore’de Kospi endeksi y\u00fczde 3,95 ve Japonya’da Nikkei 225 endeksi y\u00fczde 3,48 geriledi.<\/p>\n\n\n\n
Gelecek hafta cuma Japonya’da i\u015fsizlik oran\u0131, Tokyo T\u00dcFE, perakende sat\u0131\u015flar ve sanayi \u00fcretimi verileri a\u00e7\u0131klanacak. Pazartesi g\u00fcn\u00fc Japonya\u2019da piyasalar tatil nedeniyle kapal\u0131 olacak.<\/p>\n\n\n\n
Yurt i\u00e7inde ge\u00e7en hafta al\u0131\u015f a\u011f\u0131rl\u0131kl\u0131 seyir \u00f6ne \u00e7\u0131karken BIST 100 endeksi haftal\u0131k bazda y\u00fczde 3,38 y\u00fckseli\u015fle 10.922,86 puandan kapand\u0131.<\/p>\n\n\n\n
Ge\u00e7en hafta “Avrupa Ekonomik \u00d6ng\u00f6r\u00fcs\u00fc 2025 Sonbahar” raporunu yay\u0131mlayan AB Komisyonu, T\u00fcrkiye ekonomisinin bu y\u0131l ve 2026’da y\u00fczde 3,4 b\u00fcy\u00fcyerek diren\u00e7li kalmaya devam edece\u011fini ve b\u00fcy\u00fcmenin 2027’de y\u00fczde 4’e y\u00fckselece\u011fini \u00f6ng\u00f6rd\u00fc.<\/p>\n\n\n\n
Dolar\/TL, haftay\u0131 \u00f6nceki haftal\u0131k kapan\u0131\u015f\u0131n y\u00fczde 0,5 \u00fczerinde 42,4410’dan tamamlad\u0131.<\/p>\n\n\n\n
Gelecek hafta yurt i\u00e7inde pazartesi reel kesim g\u00fcven endeksi, kapasite kullan\u0131m\u0131, per\u015fembe ekonomik g\u00fcven endeksi, d\u0131\u015f ticaret dengesi, cuma i\u015fsizlik oran\u0131 ve T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131n\u0131n (TCMB) finansal istikrar raporu takip edilecek.<\/p>","protected":false},"excerpt":{"rendered":"
Ge\u00e7en hafta ABD Merkez Bankas\u0131n\u0131n (Fed) aral\u0131k ay\u0131 toplant\u0131s\u0131na y\u00f6nelik belirsizlikler ve teknoloji hisselerindeki d\u00fc\u015f\u00fc\u015f\u00fcn etkisiyle negatif bir seyir \u00f6ne \u00e7\u0131karken, gelecek hafta g\u00f6zler yo\u011fun veri g\u00fcndemine \u00e7evrildi. ABD\u2019de tarihin en uzun h\u00fck\u00fcmet kapanmas\u0131 geride kal\u0131rken a\u00e7\u0131klanmaya ba\u015flanan ekonomik veriler yat\u0131r\u0131mc\u0131lar taraf\u0131ndan yak\u0131ndan takip ediliyor. Ge\u00e7en hafta a\u00e7\u0131klanan verilere g\u00f6re, ABD’de tar\u0131m d\u0131\u015f\u0131 istihdam eyl\u00fclde […]<\/p>","protected":false},"author":1,"featured_media":6914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[81],"tags":[],"class_list":["post-33809","post","type-post","status-publish","format-standard","has-post-thumbnail","category-gundem"],"yoast_head":"\n