\n<\/p>\n
K\u00fcresel pay piyasalar\u0131, yo\u011fun veri g\u00fcndeminin oldu\u011fu haftada pozitif bir seyir izlerken, gelecek hafta i\u00e7in d\u00fcnya genelinde a\u00e7\u0131klanacak \u00f6nc\u00fc Sat\u0131nalma Y\u00f6neticileri Endeksi (PMI) verileri ve Federal A\u00e7\u0131k Piyasa Komitesi (FOMC) toplant\u0131 tutanaklar\u0131 yat\u0131r\u0131mc\u0131lar\u0131n oda\u011f\u0131na yerle\u015fti.<\/p>\n
Ge\u00e7en hafta yat\u0131r\u0131mc\u0131lar\u0131n oda\u011f\u0131nda merkez bankalar\u0131 yetkililerinin s\u00f6zle y\u00f6nlendirmeleri, yo\u011fun makroekonomik takvim ve ABD’de devam eden bor\u00e7 limiti krizi bulunurken, al\u0131nan kar\u0131\u015f\u0131k sinyallerle k\u00fcresel piyasalarda y\u00f6n aray\u0131\u015f\u0131 devam etti.<\/p>\n
Hafta boyunca ABD’nin bor\u00e7 limiti krizine ili\u015fkin geli\u015fmeler takip edilirken, d\u00fcn ABD Temsilciler Meclisi Ba\u015fkan\u0131 Kevin McCarthy taraf\u0131ndan g\u00f6revlendirilen bor\u00e7 limiti m\u00fczakerecilerinin, Beyaz Saray yetkilileriyle ba\u015flad\u0131\u011f\u0131 g\u00f6r\u00fc\u015fmelerden ayr\u0131lmas\u0131 bor\u00e7 limiti m\u00fczakerelerini yeniden a\u00e7maza soktu.<\/p>\n
Cumhuriyet\u00e7i temsilci Garret Graves, Beyaz Saray yetkililerinin “tamamen mant\u0131ks\u0131z” oldu\u011funu \u00f6ne s\u00fcrerek m\u00fczakerelerin verimli olmad\u0131\u011f\u0131 gerek\u00e7esiyle duraklad\u0131\u011f\u0131n\u0131 s\u00f6yledi.<\/p>\n
ABD Hazine Bakan\u0131 Janet Yellen, bor\u00e7 limitine ili\u015fkin g\u00fcncel bilgileri payla\u015fmak amac\u0131yla McCarthy’ye g\u00f6nderdi\u011fi mektupta, bor\u00e7 limitinin 1 Haziran’a kadar art\u0131r\u0131lmamas\u0131 veya ask\u0131ya al\u0131nmamas\u0131 halinde \u00fclkenin nakit s\u0131k\u0131nt\u0131s\u0131 \u00e7ekebilece\u011fi uyar\u0131s\u0131nda bulunmu\u015ftu.<\/p>\n
Bor\u00e7 limiti ya da bor\u00e7 tavan\u0131, “ABD h\u00fck\u00fcmetinin bor\u00e7lar\u0131n\u0131 \u00f6demek i\u00e7in \u00f6d\u00fcn\u00e7 alabilece\u011fi para miktar\u0131n\u0131n \u00fcst s\u0131n\u0131r\u0131” anlam\u0131na gelirken, d\u00fcnyan\u0131n en bor\u00e7lu \u00fclkesi konumunda bulunan ABD, temerr\u00fcde yol a\u00e7abilecek 31,4 trilyon dolarl\u0131k bor\u00e7 limitine ula\u015fm\u0131\u015f bulunuyor.<\/p>\n
\u00d6te yandan, d\u00fcn a\u00e7\u0131klamalarda bulunana ABD Merkez Bankas\u0131 (Fed) Ba\u015fkan\u0131 Jerome Powell, bankac\u0131l\u0131k sekt\u00f6r\u00fcndeki geli\u015fmelerin kredi ko\u015fullar\u0131n\u0131n s\u0131k\u0131la\u015fmas\u0131na katk\u0131da bulundu\u011funu ve faiz oranlar\u0131n\u0131n normalde olmas\u0131 gerekti\u011fi kadar y\u00fckselmesinin \u015fart olmayabilece\u011fini ifade etti.<\/p>\n
Powell, mart ba\u015f\u0131nda bankac\u0131l\u0131k sekt\u00f6r\u00fcndeki stres ortaya \u00e7\u0131kt\u0131\u011f\u0131nda bankalar i\u00e7in likidite ara\u00e7lar\u0131n\u0131 kulland\u0131klar\u0131n\u0131 an\u0131msatarak, s\u00f6z konusu likiditenin fiyat istikrar\u0131n\u0131 sa\u011flamak i\u00e7in bankan\u0131n para politikas\u0131 ara\u00e7lar\u0131n\u0131n kullan\u0131m\u0131n\u0131 k\u0131s\u0131tlamadan finansal sistemin istikrar\u0131n\u0131 destekledi\u011fini anlatt\u0131.<\/p>\n
Ge\u00e7en hafta, Fed yetkilileri de s\u00f6zle y\u00f6nlendirmelerine devam ederken, New York Fed Ba\u015fkan\u0131 John Williams da enflasyonun kabul edilemez derecede y\u00fcksek oldu\u011funu kaydetti. Chicago Fed Ba\u015fkan\u0131 Austan Goolsbee ise haziran toplant\u0131s\u0131 i\u00e7in herhangi bir karar vermedi\u011fini belirterek, faiz indirimlerini tart\u0131\u015fmak i\u00e7in \u00e7ok erken oldu\u011funu dile getirdi.<\/p>\n
S\u00f6z konusu geli\u015fmelerin ard\u0131ndan para piyasalar\u0131ndaki fiyatlamalarda Fed’in gelecek ay politika faizini de\u011fi\u015ftirmeyece\u011fine y\u00f6nelik beklentiler g\u00fc\u00e7l\u00fc kalmaya devam ederken, bankan\u0131n haziranda 25 baz puan faiz art\u0131rabilece\u011fine y\u00f6nelik beklentiler y\u00fczde 17,4 oldu.<\/p>\n
ABD’de bor\u00e7 limiti krizinin a\u015f\u0131lmas\u0131 halinde h\u00fck\u00fcmetin nakit ihtiyac\u0131n\u0131 kar\u015f\u0131lamak i\u00e7in tahvil sat\u0131\u015flar\u0131n\u0131 art\u0131raca\u011f\u0131 \u00f6ng\u00f6r\u00fcs\u00fc, tahvil piyasalar\u0131nda sat\u0131\u015f bask\u0131s\u0131n\u0131 art\u0131r\u0131rken, ABD’nin 10 y\u0131ll\u0131k tahvil faizi haftay\u0131 yakla\u015f\u0131k 21 baz puan art\u0131\u015fla 3,6830’dan tamamlad\u0131.<\/p>\n
Alt\u0131n\u0131n ons fiyat\u0131, hafta i\u00e7inde 1.952 dolarla son 1,5 ay\u0131n en d\u00fc\u015f\u00fck seviyesini test ederken, haftay\u0131 \u00f6nceki kapan\u0131\u015f\u0131n\u0131n y\u00fczde 1,6 alt\u0131nda 1.978 dolardan kapatt\u0131.<\/p>\n
\u00dcst \u00fcste d\u00f6rt hafta d\u00fc\u015f\u00fc\u015f e\u011filiminde hareket eden Brent petrol\u00fcn varil fiyat\u0131, bu haftay\u0131 y\u00fckseli\u015fe ge\u00e7erek \u00f6nceki kapan\u0131\u015f\u0131n\u0131n y\u00fczde 2,3 \u00fczerinde 75,7 dolardan tamamlad\u0131.<\/p>\n
ABD’de pay piyasalar\u0131, yo\u011fun veri g\u00fcndemi ve Fed \u00fcyelerinin s\u00f6zle y\u00f6nlendirmelerinin oldu\u011fu haftada pozitif bir seyir izlerken, gelecek hafta \u00fclkede a\u00e7\u0131klanacak b\u00fcy\u00fcme verileri ve FOMC toplant\u0131 tutanaklar\u0131 yat\u0131r\u0131mc\u0131lar\u0131n oda\u011f\u0131na yerle\u015fti.<\/p>\n
Analistler, ABD’de devam eden bor\u00e7 limiti krizine ili\u015fkin geli\u015fmelerin yat\u0131r\u0131mc\u0131lar\u0131n\u0131n oda\u011f\u0131nda kalmaya devam edece\u011fini belirterek, ekonomik aktiviteye ili\u015fkin sinyallerin aranaca\u011f\u0131 makroekonomik verilerin de Fed’in gelecek d\u00f6neme ili\u015fkin beklentilerin \u015fekillenmesinde \u00f6nemli rol oynayaca\u011f\u0131n\u0131 dile getirdi.<\/p>\n
\u00d6te yandan d\u00fcn CNN’de yer alan bir haberde ABD Hazine Bakan\u0131 Janet Yellen’\u0131n bankalar\u0131n \u00fcst y\u00f6neticilerine (CEO) daha fazla banka birle\u015fmesinin gerekli olabilece\u011fini s\u00f6yledi\u011fi bildirildi.<\/p>\n
Ayr\u0131ca, ABD ve Tayvan, ticaret giri\u015fimlerinin g\u00fcmr\u00fck ile s\u0131n\u0131r prosed\u00fcrleri, d\u00fczenleyici uygulamalar ve k\u00fc\u00e7\u00fck i\u015fletmeleri kapsayan ilk a\u015famas\u0131 \u00fczerinde anla\u015fmaya vard\u0131.<\/p>\n
ABD’de hafta i\u00e7inde a\u00e7\u0131klanan makroekonomik veriler kar\u0131\u015f\u0131k sinyaller vermeyi s\u00fcrd\u00fcrd\u00fc. \u00fclkede perakende sat\u0131\u015flar, nisanda ayl\u0131k bazda y\u00fczde 0,4 y\u00fckseli\u015fle piyasa beklentilerinin alt\u0131nda kal\u0131rken, ayn\u0131 d\u00f6nemde sanayi \u00fcretimi ayl\u0131k y\u00fczde 0,5 ve konut ba\u015flang\u0131\u00e7lar\u0131 y\u00fczde 2,2 artarak tahminleri a\u015ft\u0131.<\/p>\n
S\u00f6z konusu geli\u015fmelerle ge\u00e7en hafta New York borsas\u0131nda S&P 500 y\u00fczde 1,65, Dow Jones endeksi y\u00fczde 0,38 ve Nasdaq endeksi y\u00fczde 3,04 y\u00fckseldi.<\/p>\n
22 May\u0131s ile ba\u015flayan haftan\u0131n veri takviminde, sal\u0131 g\u00fcn\u00fc imalat sekt\u00f6r\u00fc, hizmet, bile\u015fik PMI ve yeni konut sat\u0131\u015flar\u0131, \u00e7ar\u015famba g\u00fcn\u00fc FOMC toplant\u0131 tutanaklar\u0131, per\u015fembe g\u00fcn\u00fc 1. \u00e7eyrek b\u00fcy\u00fcme, cuma g\u00fcn\u00fc de ki\u015fisel t\u00fcketim harcamalar\u0131, d\u0131\u015f ticaret dengesi, dayan\u0131kl\u0131 mal sipari\u015fleri ve Michigan T\u00fcketici G\u00fcven Endeksi verileri takip edilecek.<\/p>\n
Avrupa borsalar\u0131nda, b\u00f6lgede enflasyonun a\u00e7\u0131kland\u0131\u011f\u0131 haftada pozitif bir seyir izlenirken, gelecek hafta b\u00f6lge genelinde a\u00e7\u0131klanacak \u00f6nc\u00fc PMI ve \u0130ngiltere’de enflasyon verileri yat\u0131r\u0131mc\u0131lar\u0131n oda\u011f\u0131na yerle\u015fti.<\/p>\n
Analistler, \u0130ngiltere’de T\u00dcFE’nin nisanda ayl\u0131k y\u00fczde 0,8 ve y\u0131ll\u0131k y\u00fczde 8,3 art\u0131\u015f g\u00f6stermesinin beklendi\u011fini bildirdi.<\/p>\n
Ge\u00e7en hafta a\u00e7\u0131klanan verilere g\u00f6re, Avro B\u00f6lgesi’nde T\u00fcketici Fiyat Endeksi (T\u00dcFE), y\u00fczde 7 artarak beklentiler do\u011frultusunda ger\u00e7ekle\u015fti.<\/p>\n
Avrupa Merkez Bankas\u0131 (ECB) \u00fcyeleri “\u015fahin” y\u00f6nlendirmelerine devam ederken, ECB \u00fcyesi Robert Holzmann, faiz oranlar\u0131n\u0131n y\u00fczde 4’\u00fc a\u015fmas\u0131 gerekti\u011fini ifade etti. Para piyasalar\u0131ndaki fiyatlamalarda da ECB’nin gelecek d\u00f6nem en az 50 baz puan daha faiz art\u0131rmas\u0131na kesin g\u00f6z\u00fcyle bak\u0131l\u0131yor.<\/p>\n
\u00d6te yandan, ge\u00e7en hafta a\u00e7\u0131klanan verilere g\u00f6re, Avro B\u00f6lgesi’nde sanayi \u00fcretimi martta ayl\u0131k y\u00fczde 4,1 azal\u0131\u015fla beklentilerin alt\u0131nda kal\u0131rken, B\u00f6lge ekonomisi \u00f6nc\u00fc verilere g\u00f6re 1. \u00e7eyrekte y\u00fczde 1,3 b\u00fcy\u00fcd\u00fc.<\/p>\n
Avro B\u00f6lgesi martta 25,6 milyar avro d\u0131\u015f ticaret fazlas\u0131 verirken, b\u00f6lgede may\u0131s i\u00e7in ZEW Ekonomik G\u00fcven Endeksi eksi 9,4 ile \u00f6ng\u00f6r\u00fclerin alt\u0131nda kald\u0131.<\/p>\n
Almanya’da da yat\u0131r\u0131mc\u0131 g\u00fcveni, enflasyon ve para politikas\u0131na y\u00f6nelik belirsizliklerin ard\u0131ndan resesyona y\u00f6nelik endi\u015felerin artmas\u0131yla may\u0131sta eksi 10,7 ile beklentilerin alt\u0131nda ger\u00e7ekle\u015fti. \u00dclkede d\u00fcn a\u00e7\u0131klanan verilere g\u00f6re, \u00dcretici Fiyat Endeksi (\u00dcFE) nisanda ayl\u0131k y\u00fczde 0,3 ve y\u0131ll\u0131k y\u00fczde 4,1 art\u0131\u015fla tahminleri a\u015ft\u0131.<\/p>\n
\u00d6te yandan, hafta i\u00e7inde 1,0760 ile son 1,5 ay\u0131n en d\u00fc\u015f\u00fck seviyesini test eden avro\/dolar paritesi, haftay\u0131 \u00f6nceki kapan\u0131\u015f\u0131n\u0131n y\u00fczde 0,4 alt\u0131nda 1,0810 seviyesinden tamamlad\u0131.<\/p>\n
S\u00f6z konusu geli\u015fmelerle ge\u00e7en hafta Fransa’da CAC 40 endeksi y\u00fczde 1,04 ve \u0130talya’da MIB 30 endeksi y\u00fczde 0,63 artarken, \u0130ngiltere’de FTSE 100 endeksi yatay seyirle \u00f6nceki kapan\u0131\u015f\u0131n\u0131n hemen \u00fczerinde haftay\u0131 tamamlad\u0131.<\/p>\n
Almanya’da DAX endeksi de 16.331,94 puan\u0131 test ederek rekorunu tazelerken, haftay\u0131 da y\u00fczde 2,3 art\u0131\u015fla 16.275,38 puandan tamamlayarak en g\u00fc\u00e7l\u00fc haftal\u0131k kapan\u0131\u015f\u0131n\u0131 ger\u00e7ekle\u015ftirdi.<\/p>\n
Gelecek hafta pazartesi g\u00fcn\u00fc Avro B\u00f6lgesi’nde T\u00fcketici G\u00fcven Endeksi, sal\u0131 g\u00fcn\u00fc b\u00f6lge genelinde \u00f6nc\u00fc imalat sekt\u00f6r\u00fc, hizmet ve bile\u015fik PMI ve Avro B\u00f6lgesi’nde cari i\u015flemler dengesi, \u00e7ar\u015famba g\u00fcn\u00fc \u0130ngiltere’de enflasyon, per\u015fembe g\u00fcn\u00fc Almanya’da ilk \u00e7eyrek b\u00fcy\u00fcme ve cuma g\u00fcn\u00fc \u0130ngiltere’de perakende sat\u0131\u015f verileri takip edilecek.<\/p>\n
Asya borsalar\u0131nda ge\u00e7en hafta Hong Kong hari\u00e7 pozitif bir seyir \u00f6ne \u00e7\u0131karken, Japon ekonomisinin ilk \u00e7eyrekte beklentilerden g\u00fc\u00e7l\u00fc b\u00fcy\u00fcmesi pay piyasalar\u0131nda risk i\u015ftah\u0131n\u0131 destekledi. Gelecek hafta ise \u00c7in Merkez Bankas\u0131’n\u0131n (PBoC) a\u00e7\u0131klayaca\u011f\u0131 faiz karar\u0131 yat\u0131r\u0131mc\u0131lar\u0131n oda\u011f\u0131na yerle\u015fti.<\/p>\n
Analistler, PBoC’nin ekonomiyi desteklemek i\u00e7in faiz oranlar\u0131n\u0131 d\u00fc\u015f\u00fcrebilece\u011fi y\u00f6n\u00fcndeki piyasa beklentilerinin g\u00fcnden g\u00fcne g\u00fc\u00e7lendi\u011fini an\u0131msatarak, para piyasalar\u0131nda bankan\u0131n en d\u00fc\u015f\u00fck kredi faiz oran\u0131n da de\u011fi\u015fikli\u011fe gitmeyece\u011finin fiyatland\u0131\u011f\u0131n\u0131 kaydetti.<\/p>\n
\u00d6te yandan, ge\u00e7en hafta a\u00e7\u0131klanan verilere g\u00f6re, Japon ekonomisi, y\u0131l\u0131n ilk \u00e7eyre\u011finde y\u00fczde 1,6 b\u00fcy\u00fcrken, sanayi \u00fcretimi de martta ayl\u0131k y\u00fczde 1,1 artarak beklentileri a\u015ft\u0131.<\/p>\n
\u00dclkede, \u00e7ekirdek enflasyon y\u0131ll\u0131k bazda y\u00fczde 3,4 artarak Japonya Merkez Bankas\u0131’n\u0131n (BoJ) hedeflerinin \u00fczerinde ger\u00e7ekle\u015firken, ihracat y\u00fczde 2,6 art\u0131\u015fla, ithalat ise y\u00fczde 2,3 azal\u0131\u015fla tahminlerin alt\u0131nda kald\u0131.<\/p>\n
\u00c7in’de ekonomik aktiviteye y\u00f6nelik endi\u015feler devam ederken, \u00fclkede a\u00e7\u0131klanan verilere g\u00f6re, sanayi \u00fcretimi nisanda y\u0131ll\u0131k y\u00fczde 5,6 ve perakende sat\u0131\u015flar y\u00fczde 18,4 artsa da \u00f6ng\u00f6r\u00fcleri kar\u015f\u0131layamad\u0131.<\/p>\n
S\u00f6z konusu geli\u015fmelerle haftal\u0131k bazda \u00c7in’de \u015eanghay bile\u015fik endeksi y\u00fczde 0,34 ve G\u00fcney Kore’de Kospi endeksi y\u00fczde 1,62 artarken, Hong Kong’da Hang Seng endeksi y\u00fczde 0,90 de\u011fer kaybetti.<\/p>\n
Japonya’da Nikkei 225 endeksi de 30.924,57 puan\u0131 test ederek rekorunu tazelerken, haftay\u0131 da y\u00fczde 4,83 art\u0131\u015fla 30.808,35 puandan tamamlayarak en g\u00fc\u00e7l\u00fc haftal\u0131k kapan\u0131\u015f\u0131n\u0131 ger\u00e7ekle\u015ftirdi.<\/p>\n
22 May\u0131s ile ba\u015flayan haftan\u0131n veri takviminde, pazartesi \u00c7in’de faiz karar\u0131, sal\u0131 Japonya’da imalat sekt\u00f6r\u00fc ve hizmet PMI, cuma Japonya’da Tokyo T\u00dcFE verileri takip edilecek.<\/p>\n
Yurt i\u00e7inde ge\u00e7en hafta BIST 100 endeksi, y\u00fczde 6,13 de\u011fer kayb\u0131yla 4.501,73 puandan kapan\u0131rken, gelecek hafta i\u00e7in g\u00f6zler T\u00fcrkiye Cumhuriyet Merkez Bankas\u0131’n\u0131n (TCMB) politika faizi karar\u0131na \u00e7evrildi.<\/p>\n
Ge\u00e7en hafta Borsa \u0130stanbul, hen\u00fcz halka arza haz\u0131r olmayan ancak ilerleyen d\u00f6nemde halka arz yapmak isteyen \u015firketlerin finansman ihtiyac\u0131n\u0131n kar\u015f\u0131lanmas\u0131 i\u00e7in “Giri\u015fim Sermayesi Pazar\u0131” olu\u015fturdu.<\/p>\n
Sermaye Piyasas\u0131 Kurulu (SPK) da, Sasa Polyester Sanayi A\u015e ve \u00c7emta\u015f \u00c7elik Makina Sanayi ve Ticaret A\u015e’nin bedelsiz sermaye art\u0131r\u0131m\u0131n\u0131 onaylad\u0131.<\/p>\n
Ge\u00e7en hafta yurt i\u00e7inde a\u00e7\u0131klanan TCMB Piyasa Kat\u0131l\u0131mc\u0131lar\u0131 Anketi’ne g\u00f6re, y\u0131l sonu T\u00dcFE’deki art\u0131\u015f beklentisi y\u00fczde 37,17 olurken, TCMB Finansal \u0130stikrar Raporu’nda da, bankac\u0131l\u0131k sekt\u00f6r\u00fcn\u00fcn aktif kalitesi g\u00f6stergelerinin iyile\u015fmeye devam etti\u011fi bildirildi.<\/p>\n
Dolar\/TL, haftay\u0131 bir \u00f6nceki haftal\u0131k kapan\u0131\u015f\u0131n y\u00fczde 1,2 \u00fczerinde 19,8123’ten tamamlad\u0131.<\/p>\n
Analistler, BIST 100 endeksinde teknik a\u00e7\u0131dan 4.400 ve 4.300 seviyelerinin destek, 4.700 ve 4.800 puan\u0131n ise diren\u00e7 olarak \u00f6ne \u00e7\u0131kabilece\u011fini s\u00f6yledi.<\/p>\n
Gelecek hafta yurt i\u00e7inde pazartesi g\u00fcn\u00fc Yurt D\u0131\u015f\u0131 \u00dcFE, Tar\u0131msal Girdi Fiyat Endeksi ve T\u00fcketici G\u00fcven Endeksi, sal\u0131 g\u00fcn\u00fc Finansal Hizmetler G\u00fcven Endeksi, \u00e7ar\u015famba g\u00fcn\u00fc kapasite kullan\u0131m oran\u0131, per\u015fembe g\u00fcn\u00fc TCMB faiz karar\u0131 ve cuma g\u00fcn\u00fc de turizm istatistikleri verileri takip edilecek.<\/p>\n
\u00d6te yandan, AA Finans’\u0131n anketine kat\u0131lan ekonomistler, TCMB’nin gelecek haftaki toplant\u0131s\u0131nda politika faizini sabit b\u0131rakmas\u0131n\u0131 bekliyor.<\/p>\n