{"id":57883,"date":"2019-06-23T13:53:43","date_gmt":"2019-06-23T10:53:43","guid":{"rendered":"https:\/\/www.bilgeyatirimci.com\/?p=57883"},"modified":"2019-06-23T12:30:18","modified_gmt":"2019-06-23T09:30:18","slug":"faizde-inis-sinyalleri","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/faizde-inis-sinyalleri\/","title":{"rendered":"Faizde ini\u015f sinyalleri"},"content":{"rendered":"<p>&#8211; wp:paragraph &#8211;><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-1410075456\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>DI\u015e piyasalarda belirgin bir iyimserlik var. Olumlu havan\u0131n kayna\u011f\u0131nda d\u00fcnyan\u0131n en \u00f6nemli iki merkez bankas\u0131ndan ard\u0131 ard\u0131na gelen faiz indirim sinyalleri var.<\/p>\n<p>&#8211; \/wp:paragraph &#8211;><\/p>\n<p>&#8211; wp:paragraph &#8211;><\/p>\n<p>\u00d6nce Avrupa Merkez Bankas\u0131 Ba\u015fkan\u0131 Mario Draghi, \u201cDaha fazla faiz indirimi Avrupa Merkez Bankas\u0131\u2019n\u0131n ara\u00e7 setinin bir par\u00e7as\u0131\u201d dedi. Ard\u0131ndan Fed Ba\u015fkan\u0131 Jerome Powell\u2019in \u201cFederal A\u00e7\u0131k Piyasa Komitesi\u2019nde bir\u00e7ok \u00fcye faiz indiriminin uygun oldu\u011funu d\u00fc\u015f\u00fcn\u00fcyor\u201d a\u00e7\u0131klamas\u0131 geldi. Bu iki a\u00e7\u0131klama piyasalar i\u00e7in sanki i\u015faret fi\u015fe\u011fi oldu. Borsalar y\u00fckseldi, Draghi\u2019nin a\u00e7\u0131klamalar\u0131yla de\u011fer kazanan dolar Fed kaynakl\u0131 a\u00e7\u0131klamalarla de\u011fer kaybedince alt\u0131n ve petrol fiyatlar\u0131 ba\u015fta olmak \u00fczere emtia fiyatlar\u0131 y\u00fckseldi, tahvil bono faiz oranlar\u0131 d\u00fc\u015ft\u00fc. Ard\u0131ndan \u00f6n\u00fcm\u00fczdeki hafta Japonya\u2019da yap\u0131lacak G-20 toplant\u0131s\u0131nda ABD-\u00c7in devlet ba\u015fkanlar\u0131n\u0131n bulu\u015fmas\u0131ndan uzun s\u00fcredir devam eden ABD-\u00c7in ticaret sava\u015f\u0131na y\u00f6nelik anla\u015fma \u00e7\u0131kabilir t\u00fcr\u00fcnden bir haber iyimserli\u011fi daha da art\u0131rd\u0131.<\/p>\n<p>&#8211; \/wp:paragraph &#8211;><\/p>\n<p>&#8211; wp:heading {&#8220;level&#8221;:4} &#8211;><\/p>\n<h4>T\u00dcRK\u0130YE\u2019YE YARAYACAK<\/h4>\n<p>&#8211; \/wp:heading &#8211;><\/p><div class=\"bilge-content-1\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-1262570563\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"3167340272\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>&#8211; wp:paragraph &#8211;><\/p>\n<p>Her iki \u00f6nc\u00fc merkez bankas\u0131ndan gelen faiz indirimini yan yana koydu\u011fumuzda akla gelen ilk sorular k\u00fcresel ekonomideki durgunluk beklentisinin tahminlerden daha derin mi, bir di\u011feri de acaba faiz indirimleri bir kur sava\u015f\u0131n\u0131 beraberinde getirir mi oldu. Hat\u0131rlan\u0131rsa d\u00fc\u015f\u00fck kur konusunda ABD ba\u015fkan\u0131 Trump\u2019\u0131n, \u00c7in ve Avrupa\u2019y\u0131 hedef alan a\u00e7\u0131klamalar\u0131 vard\u0131. 31 Temmuz\u2019daki Fed toplant\u0131s\u0131nda faiz indirim olas\u0131l\u0131\u011f\u0131 artsa da g\u00fc\u00e7l\u00fc ekonomik g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc s\u00fcrd\u00fcren ABD i\u00e7in birbirini takip eden ciddi faiz indirimlerinin olmas\u0131 bu y\u0131l i\u00e7in \u00e7ok zor. 2020 ve sonraki y\u0131llar i\u00e7in daha olas\u0131 g\u00f6r\u00fcn\u00fcyor. D\u0131\u015f d\u00fcnyadaki bu geli\u015fmelerden en fazla yaralanacak \u00fclkelerden biri de d\u0131\u015f finansman ihtiyac\u0131ndaki T\u00fcrkiye olacak. Daha rahat ve d\u00fc\u015f\u00fck faizle bor\u00e7lanma, y\u00fcksek faiz ve ucuz borsa nedeniyle tekrar carry trade uygulamalar\u0131 ve s\u0131cak para ak\u0131\u015f\u0131nda art\u0131\u015f gibi olas\u0131l\u0131l\u0131klar akla geldi.<\/p>\n<p>&#8211; \/wp:paragraph &#8211;><\/p>\n<p>&#8211; wp:heading {&#8220;level&#8221;:4} &#8211;><\/p><div class=\"bilge-content-2\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-3956830211\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"1818807385\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<h4>FA\u0130Z \u0130ND\u0130R\u0130M\u0130N\u0130 DESTEKL\u0130YOR<\/h4>\n<p>&#8211; \/wp:heading &#8211;><\/p>\n<p>&#8211; wp:paragraph &#8211;><\/p>\n<p>Son a\u00e7\u0131klanan Merkez Bankas\u0131 verilerine g\u00f6re \u00f6n\u00fcm\u00fczdeki bir y\u0131l i\u00e7inde \u00f6denecek d\u0131\u015f bor\u00e7 y\u00fczde 79\u2019u \u00f6zel sekt\u00f6re ait olmak \u00fczere 175 milyar dolar. T\u00fcrkiye son d\u00f6nemde olduk\u00e7a y\u00fcksek faiz ile bor\u00e7lan\u0131yor. D\u0131\u015f piyasalarda faiz indirimi bu a\u015famada s\u00f6ylem ve beklenti d\u00fczeyinde. Bu a\u00e7\u0131dan olas\u0131l\u0131k olarak g\u00f6rmek daha do\u011fru. Piyasalar \u015fimdilerde \u201cbeklentiler al\u0131n\u0131r, ger\u00e7eklere sat\u0131l\u0131r\u201d anlay\u0131\u015f\u0131 gere\u011fi bu beklentiyi fiyatl\u0131yor. Ancak d\u0131\u015far\u0131daki olumlu hava \u00f6zel g\u00fcndem nedeniyle i\u00e7 piyasalara daha s\u0131n\u0131rl\u0131 yans\u0131yor. \u00d6zellikle T\u00fcrkiye-ABD ili\u015fkileri ve S-400 olay\u0131 ilk s\u0131ralardaki yerini koruyor. T\u00fcrkiye\u2019nin bu konudaki tavr\u0131 net. Temmuzda Rusya\u2019dan S-400 sevkiyat\u0131 ba\u015flayacak. Bu durumda ABD\u2019nin tavr\u0131 ne olacak sorusu g\u00fcncelli\u011fini s\u00fcrd\u00fcr\u00fcyor. Burada da yine Japonya\u2019daki G-20 zirvesinde T\u00fcrkiye ve ABD devlet ba\u015fkanlar\u0131 orta yol bulabilir mi sorular\u0131 dillendiriliyor. Bakal\u0131m, bekleyip g\u00f6rece\u011fiz, temmuz ay\u0131nda bu y\u00f6nde bir \u015fekilde netle\u015fme sa\u011flanacakt\u0131r. Bug\u00fcn yap\u0131lacak \u0130stanbul belediye ba\u015fkanl\u0131\u011f\u0131 se\u00e7imi sonras\u0131 d\u00f6rt y\u0131l se\u00e7imsiz bir s\u00fcrecin olmas\u0131 nedeniyle d\u0131\u015f ekonomik g\u00fcndem rahatlam\u0131\u015fken ekonomide a\u011f\u0131rla\u015fan sorunlara daha belirgin hamleler g\u00f6rme olas\u0131l\u0131\u011f\u0131m\u0131z m\u00fcmk\u00fcn. \u0130kiz a\u00e7\u0131klardan ekonomideki k\u00fc\u00e7\u00fclmeye ba\u011fl\u0131 olarak cari a\u00e7\u0131k d\u00fc\u015fse de b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131 artmaya devam ediyor. Enflasyondaki d\u00fc\u015f\u00fc\u015f Merkez Bankas\u0131\u2019n\u0131n \u00f6n\u00fcm\u00fczdeki aylarda faiz indirim olas\u0131l\u0131\u011f\u0131n\u0131 destekliyor. Ancak d\u00f6viz kurlar\u0131n\u0131n seyri ve y\u00fcksek kamu bor\u00e7lanma gere\u011fi faiz konusunda \u00f6nemli parametreler. ABD-\u0130ran aras\u0131nda arta gerilim nedeniyle jeopolitik riskleri de \u00f6nemli g\u00fcndem konular\u0131 aras\u0131nda saymak gerekecek. D\u0131\u015far\u0131da esen iyimserlik r\u00fczgar\u0131na kar\u015f\u0131 \u00f6n\u00fcm\u00fczdeki hafta dalgal\u0131 bir piyasa bizi bekliyor.<\/p>\n<p>&#8211; \/wp:paragraph &#8211;><\/p>\n<p>&#8211; wp:paragraph &#8211;><\/p>\n<p><a href=\"http:\/\/bit.ly\/pb-borfin-temel-analiz-1\" rel=\"external nofollow noopener\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"color: #3366ff;font-weight:bold;\">TEMEL ANAL\u0130Z \u0130LE NASIL H\u0130SSE SE\u00c7\u0130L\u0130R? UZMANINDAN HEMEN \u00d6\u011eRENMEYE BA\u015eLA!<\/span><\/a><\/p>\n<p>&#8211; \/wp:paragraph &#8211;><\/p>\n<p>&#8211; wp:heading {&#8220;level&#8221;:6} &#8211;><\/p>\n<h6>Yaz\u0131n\u0131n devam\u0131 i\u00e7in <a href=\"http:\/\/www.hurriyet.com.tr\/yazarlar\/zeynel-balci\/faizde-inis-sinyalleri-41252433\" target=\"_blank\" rel=\"noreferrer noopener nofollow external\" aria-label=\"TIKLAYINIZ (yeni sekmede a\u00e7\u0131l\u0131r)\" data-wpel-link=\"external\">TIKLAYINIZ<\/a>.<\/h6>\n<p>&#8211; \/wp:heading &#8211;><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8211; wp:paragraph &#8211;> DI\u015e piyasalarda belirgin bir iyimserlik var. Olumlu havan\u0131n kayna\u011f\u0131nda d\u00fcnyan\u0131n en \u00f6nemli iki merkez bankas\u0131ndan ard\u0131 ard\u0131na gelen faiz indirim sinyalleri var.&hellip;<\/p>\n","protected":false},"author":3947,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[808,801,2191],"class_list":["post-57883","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-ekonomi-makaleleri","tag-ekonomi-yazarlari-listesi","tag-zeynel-balci-yazilari"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/57883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/3947"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=57883"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/57883\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=57883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=57883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=57883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}