ABD’de tamamlanan haftada a\u00e7\u0131klanan makroekonomik veriler, enflasyondaki yava\u015flamaya i\u015faret ederken Fed’in gelecek y\u0131l faiz oranlar\u0131nda ilave indirimlere gidebilmesi i\u00e7in alan olu\u015fabilece\u011fi y\u00f6n\u00fcndeki beklentileri g\u00fc\u00e7lendirdi.<\/p>\n
ABD \u00c7al\u0131\u015fma Bakanl\u0131\u011f\u0131 verilerine g\u00f6re, T\u00fcketici Fiyat Endeksi (T\u00dcFE) kas\u0131mda iki ayl\u0131k d\u00f6nemde y\u00fczde 0,2, y\u0131ll\u0131k bazda da y\u00fczde 2,7 ile beklentilerin alt\u0131nda artt\u0131.<\/p>\n
De\u011fi\u015fken enerji ve g\u0131da fiyatlar\u0131n\u0131 i\u00e7ermeyen \u00e7ekirdek T\u00dcFE de kas\u0131mda eyl\u00fcl ay\u0131na g\u00f6re y\u00fczde 0,2, y\u0131ll\u0131k y\u00fczde 2,6 artarak beklentilerin alt\u0131nda ger\u00e7ekle\u015fti. \u00c7ekirdek enflasyon bu d\u00f6nemde y\u0131ll\u0131k bazda Mart 2021’den bu yana en d\u00fc\u015f\u00fck seviyesini kaydetti.<\/p>\n
A\u00e7\u0131klanan \u0131l\u0131ml\u0131 enflasyon verilerine ili\u015fkin a\u00e7\u0131klamada bulunan New York Fed Ba\u015fkan\u0131 John Williams ise kas\u0131m enflasyonunun baz\u0131 “teknik fakt\u00f6rler” nedeniyle d\u00fc\u015f\u00fck g\u00f6r\u00fcnd\u00fc\u011f\u00fcn\u00fc ifade etti.<\/p>\n
ABD’de i\u015f g\u00fcc\u00fc piyasas\u0131 verilerinde ise so\u011fuma belirtileri izlendi. ABD’de tar\u0131m d\u0131\u015f istihdam kas\u0131mda 64 bin ki\u015fi artarak beklentilerin \u00fczerinde ger\u00e7ekle\u015fti. Ancak istihdam\u0131n ekimde 105 bin ki\u015fi azald\u0131\u011f\u0131 hesaplan\u0131rken, a\u011fustos ve eyl\u00fcl ay\u0131 verilerinde de a\u015fa\u011f\u0131 y\u00f6nl\u00fc revizyona gidildi.<\/p>\n
ABD’de i\u015fsizlik oran\u0131 ise kas\u0131mda y\u00fczde 4,6’ya y\u00fckselerek, Eyl\u00fcl 2021’den bu yana en y\u00fcksek seviyesine ula\u015ft\u0131. ADP Ara\u015ft\u0131rma Enstit\u00fcs\u00fc taraf\u0131ndan yay\u0131mlanan veriler ise \u00f6zel sekt\u00f6r istihdam\u0131n\u0131n 29 Kas\u0131m’da sona eren 4 haftal\u0131k d\u00f6nemde haftal\u0131k ortalama 16 bin 250 ki\u015fi artt\u0131\u011f\u0131n\u0131 g\u00f6sterdi.<\/p>\n
Analistler, kas\u0131mda istihdam art\u0131\u015f\u0131n\u0131n beklentileri a\u015fmas\u0131na kar\u015f\u0131n a\u011fustos ve eyl\u00fcl verilerinin a\u015fa\u011f\u0131 y\u00f6nl\u00fc revize edilmesinin i\u015f g\u00fcc\u00fc piyasas\u0131na ili\u015fkin endi\u015feleri yeniden g\u00fcndeme ta\u015f\u0131d\u0131\u011f\u0131n\u0131, verilerin ise belirgin bir zay\u0131flamadan ziyade s\u0131n\u0131rl\u0131 bir so\u011fumaya i\u015faret ederek Fed’in 2026’da faiz indirimlerini s\u00fcrd\u00fcrebilece\u011fi beklentilerini destekledi\u011fini kaydetti.<\/p>\n
\u00d6nemli merkez bankalar\u0131n\u0131n para politikas\u0131 kararlar\u0131 da fiyatlamalar \u00fczerinde etkili olurken, Avrupa Merkez Bankas\u0131 (ECB), Japonya Merkez Bankas\u0131 (BoJ) ve \u0130ngiltere Merkez Bankas\u0131n\u0131n (BoE) para politikas\u0131 kararlar\u0131 hafta boyunca yat\u0131r\u0131mc\u0131lar\u0131n oda\u011f\u0131nda kald\u0131.<\/p>\n
BoE, politika faizini beklentiler do\u011frultusunda 25 baz puan indirerek y\u00fczde 3,75’e \u00e7ekerken, bu y\u0131l toplam gev\u015feme 100 baz puana ula\u015ft\u0131. ECB ise 3 temel politika faizini beklentiler do\u011frultusunda sabit tutarken, ECB Ba\u015fkan\u0131 Christine Lagarde enflasyon g\u00f6r\u00fcn\u00fcm\u00fcn\u00fcn dalgal\u0131 uluslararas\u0131 ortam nedeniyle belirsizli\u011fini korudu\u011funu s\u00f6yledi.<\/p>\n
BoJ da politika faizini 25 baz puan art\u0131rarak y\u00fczde 0,75’e y\u00fckseltirken, bu seviye son 30 y\u0131l\u0131n en y\u00fcksek d\u00fczeyi olarak kay\u0131tlara ge\u00e7ti.<\/p>\n
Jeopolitik geli\u015fmeler ise \u00f6zellikle enerji emtialar\u0131 \u00fczerinde bask\u0131 olu\u015fturdu. Rusya-Ukrayna Sava\u015f\u0131’nda ABD ve m\u00fcttefiklerinin bar\u0131\u015f g\u00f6r\u00fc\u015fmelerinde ilerleme kaydedildi\u011fini a\u00e7\u0131klamas\u0131, sava\u015f\u0131n sona erebilece\u011fi ve Rus enerji ihracat\u0131na y\u00f6nelik yapt\u0131r\u0131mlar\u0131n hafifleyebilece\u011fi beklentilerini g\u00fc\u00e7lendirdi.<\/p>\n
S\u00f6z konusu geli\u015fmelerin ard\u0131ndan ABD’nin 10 y\u0131ll\u0131k tahvil faizi, haftay\u0131 y\u00fczde 4,15 seviyesinden tamamlarken, dolar endeksi y\u00fczde 0,2 y\u00fckseli\u015fle 98,6’ye \u00e7\u0131kt\u0131.<\/p>\n
Emtia piyasalar\u0131nda gelecek hafta ise Noel tatili nedeniyle i\u015flem hacminin d\u00fc\u015fmesi beklenirken, yat\u0131r\u0131mc\u0131lar\u0131n oda\u011f\u0131na ABD’nin \u00fc\u00e7\u00fcnc\u00fc \u00e7eyrek b\u00fcy\u00fcme verileri yerle\u015fti.<\/p>\n
2 YATIRIM ARACI HAFTALIK GET\u0130R\u0130DE ALTIN VE G\u00dcM\u00dc\u015e\u00dc SOLLADI<\/strong><\/p>\n De\u011ferli metaller, ABD’de a\u00e7\u0131klanan makroekonomik verilerin Fed’in faiz indirimine y\u00f6nelik beklentileri g\u00fc\u00e7lendirmesiyle haftay\u0131 y\u00fckseli\u015fle tamamlad\u0131.<\/p>\n \u00d6te yandan ABD ile Ukrayna aras\u0131ndaki kritik bar\u0131\u015f g\u00f6r\u00fc\u015fmelerinde ilerleme sa\u011flanmas\u0131, de\u011ferli metallere y\u00f6nelik g\u00fcvenli liman talebini zay\u0131flatarak fiyat art\u0131\u015f\u0131n\u0131 s\u0131n\u0131rlad\u0131.<\/p>\n Alt\u0131n\u0131n ons fiyat\u0131, hafta i\u00e7inde en y\u00fcksek 4 bin 374,77 dolara \u00e7\u0131karak t\u00fcm zamanlar\u0131n en y\u00fcksek seviyesi olan 4 bin 381,55 dolara yak\u0131n seyrederken, haftay\u0131 4 bin 338,58 dolardan tamamlad\u0131.<\/p>\n G\u00fcm\u00fc\u015f\u00fcn ons fiyat\u0131 da hafta i\u00e7inde 67,46 dolara y\u00fckselerek rekor tazeledi ve haftay\u0131 67,16 dolardan kapatt\u0131.<\/p>\n De\u011ferli metallerdeki ralliye y\u0131l boyunca alt\u0131n ve g\u00fcm\u00fc\u015f\u00fcn gerisinde kalan platin ve paladyum da kat\u0131ld\u0131.<\/p>\n Analistler, bu y\u00fckseli\u015fte yat\u0131r\u0131mc\u0131lar\u0131n s\u00f6z konusu iki metalde fiyatlar\u0131n geride kald\u0131\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnmesinin yan\u0131 s\u0131ra otomotiv ve end\u00fcstriyel talebin g\u00fc\u00e7l\u00fc kalmas\u0131n\u0131n etkili oldu\u011funu, bu nedenle h\u0131zl\u0131 fiyat art\u0131\u015flar\u0131n\u0131n ya\u015fand\u0131\u011f\u0131n\u0131 kaydetti.<\/p>\n 2008 YILINDAN BU YANA B\u0130R \u0130LK…<\/strong><\/p>\n Platinin ons fiyat\u0131, hafta i\u00e7inde en y\u00fcksek 1.982,57 dolar\u0131 g\u00f6rerek 2008’den bu yana en y\u00fcksek seviyeye ula\u015f\u0131rken, haftay\u0131 1.969,98 dolardan tamamlad\u0131. Platinde t\u00fcm zamanlar\u0131n en y\u00fcksek seviyesi ise 2008 y\u0131l\u0131nda g\u00f6r\u00fclen 2 bin 302 dolar olarak kay\u0131tlara ge\u00e7mi\u015fti.<\/p>\n Paladyumun ons fiyat\u0131 da hafta i\u00e7inde 1.723,04 dolar\u0131 g\u00f6rerek 2023 \u015eubat’tan bu yana en y\u00fcksek seviyeye ula\u015f\u0131rken, haftay\u0131 1.709,31 dolardan tamamlad\u0131.<\/p>\n D\u00fcnyan\u0131n en b\u00fcy\u00fck paladyum \u00fcreticisi Rus madencilik \u015firketi Nornickel, yat\u0131r\u0131m talebinin de etkisiyle 2025’te paladyum piyasas\u0131nda yakla\u015f\u0131k 200 bin ons arz a\u00e7\u0131\u011f\u0131 olu\u015fabilece\u011fini bildirdi. Analistler, s\u00f6z konusu beklentinin paladyum fiyatlar\u0131n\u0131 destekleyen bir di\u011fer unsur olarak \u00f6ne \u00e7\u0131kt\u0131\u011f\u0131n\u0131 kaydetti.<\/p>\n De\u011ferli metallerde, ons baz\u0131nda fiyatlar, g\u00fcm\u00fc\u015fte y\u00fczde 8,6, paladyumda y\u00fczde 15,6, platinde y\u00fczde 12,8 ve alt\u0131nda y\u00fczde 0,9 de\u011fer kazand\u0131.<\/p>\n BAZ METALLERDE ARZ END\u0130\u015eELER\u0130 F\u0130YATLARI DESTEKLED\u0130<\/strong><\/p>\n Baz metaller, \u00c7in kaynakl\u0131 talep endi\u015felerine kar\u015f\u0131n, arz endi\u015felerinin s\u00fcrmesi ve zay\u0131f dolar endeksinin deste\u011fiyle \u00e7inko hari\u00e7 haftay\u0131 pozitif seyirle tamamlad\u0131.<\/p>\n \u00c7in’de kas\u0131m ay\u0131na ili\u015fkin veriler, ekonomide zay\u0131flama sinyallerine i\u015faret etti. Sanayi \u00fcretimi y\u0131ll\u0131k bazda y\u00fczde 4,8 artarak son 15 ay\u0131n en yava\u015f h\u0131z\u0131na inerken, perakende sat\u0131\u015flar y\u00fczde 1,3 ile Aral\u0131k 2022’den bu yana en d\u00fc\u015f\u00fck art\u0131\u015f\u0131 kaydetti.<\/p>\n Buna kar\u015f\u0131n bak\u0131r fiyatlar\u0131, ge\u00e7en hafta Goldman Sachs’\u0131n madencilik arz\u0131ndaki k\u0131s\u0131tlamalara i\u015faret eden yukar\u0131 y\u00f6nl\u00fc tahminlerinin etkisiyle de\u011fer kazand\u0131.<\/p>\n Goldman Sachs, yay\u0131mlad\u0131\u011f\u0131 raporda bak\u0131r\u0131n maden arz\u0131ndaki s\u0131n\u0131rlamalar ve yap\u0131sal talep art\u0131\u015f\u0131 nedeniyle uzun vadede “en sevdi\u011fimiz end\u00fcstriyel metal” konumunu korudu\u011funu belirtti.<\/p>\n Al\u00fcminyum fiyatlar\u0131 ise Avustralyal\u0131 \u00fcretici South32’nin Mozal al\u00fcminyum tesisini martta kapataca\u011f\u0131n\u0131 duyurmas\u0131n\u0131n ard\u0131ndan arz\u0131n daralaca\u011f\u0131 endi\u015fesiyle y\u00fckseli\u015f e\u011filimi g\u00f6sterdi.<\/p>\n Analistler, \u00c7in’in kritik metallerde yurt d\u0131\u015f\u0131 yat\u0131r\u0131m hamlelerinin 2026’da al\u00fcminyum \u00fcretimini art\u0131rabilece\u011fini, ancak buna ra\u011fmen bak\u0131r\u0131n performans\u0131n\u0131n daha g\u00fc\u00e7l\u00fc kalmas\u0131n\u0131n beklendi\u011fini belirtti.<\/p>\n Nikel taraf\u0131nda ise arz kaynakl\u0131 geli\u015fmeler fiyatlar\u0131 destekledi. Endonezya h\u00fck\u00fcmetinin 2026’da nikel cevheri \u00fcretimini \u00fc\u00e7te bir oran\u0131nda azaltmay\u0131 planlad\u0131\u011f\u0131n\u0131 a\u00e7\u0131klamas\u0131, paslanmaz \u00e7elik \u00fcretiminde kullan\u0131lan nikelde arz endi\u015felerini art\u0131rarak fiyatlarda yukar\u0131 y\u00f6nl\u00fc destek sa\u011flad\u0131.<\/p>\n Bu geli\u015fmelerle baz metallerde tezgah \u00fcst\u00fc piyasada bu hafta fiyatlar libre baz\u0131nda nikelde y\u00fczde 3,7, al\u00fcminyumda y\u00fczde 3, bak\u0131rda y\u00fczde 2,5 ve kur\u015funda y\u00fczde 2,1 de\u011fer kazan\u0131rken, \u00e7inkoda y\u00fczde 0,4 de\u011fer kaybetti.<\/p>\n PETROL ARZ END\u0130\u015eES\u0130YLE NEGAT\u0130F SEYRETT\u0130<\/strong><\/p>\n Petrol fiyatlar\u0131, Venezuela kaynakl\u0131 olas\u0131 arz aksakl\u0131klar\u0131na ili\u015fkin endi\u015felere kar\u015f\u0131n, arz fazlas\u0131 beklentileri ve Rusya-Ukrayna sava\u015f\u0131na y\u00f6nelik bar\u0131\u015f ihtimaline y\u00f6nelik haber ak\u0131\u015f\u0131yla haftay\u0131 d\u00fc\u015f\u00fc\u015fle tamamlad\u0131.<\/p>\n Bar\u0131\u015f olas\u0131l\u0131\u011f\u0131n\u0131n belirginle\u015fmesi, Rus petrol\u00fcne y\u00f6nelik yapt\u0131r\u0131mlar\u0131n gev\u015feyebilece\u011fi ve Rus \u00fcretiminin k\u00fcresel pazara daha rahat ula\u015fabilece\u011fi beklentisini g\u00fc\u00e7lendirdi.<\/p>\n ABD’nin Venezuela petrol\u00fcne y\u00f6nelik tanker engeli de arz\u0131 k\u0131sabilecek bir ad\u0131m olarak de\u011ferlendirilse de piyasa etkisi s\u0131n\u0131rl\u0131 kald\u0131.<\/p>\n Do\u011fal gaz taraf\u0131nda ise beklenenden \u0131l\u0131man seyreden k\u0131\u015f ko\u015fullar\u0131 ve y\u00fcksek stok seviyeleri, fiyatlamalar \u00fczerinde a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131 olu\u015fturdu.<\/p>\n Bu geli\u015fmelerle Brent petrol\u00fcn varil fiyat\u0131 haftal\u0131k bazda y\u00fczde 1,4 azal\u0131rken, New York Ticaret Borsas\u0131’nda i\u015flem g\u00f6ren do\u011fal gaz\u0131n MMBtu cinsinden fiyat\u0131 da y\u00fczde 3,1 de\u011fer kaybetti.<\/p>\n TARIM EMT\u0130ASI KARI\u015eIK SEYRETT\u0130<\/strong><\/p>\n Tar\u0131m emtia piyasas\u0131nda arz ko\u015fullar\u0131 ve jeopolitik geli\u015fmeler fiyatlamalar \u00fczerinde etkili oldu.<\/p>\n ABD, Rusya, Avustralya ve Karadeniz b\u00f6lgesinde g\u00fc\u00e7l\u00fc rekolte beklentileri fiyatlar\u0131 a\u015fa\u011f\u0131 y\u00f6nl\u00fc bask\u0131larken, Rusya ile Ukrayna aras\u0131nda bar\u0131\u015f ihtimalinin g\u00fc\u00e7lenmesi de arz\u0131n artabilece\u011fi beklentilerini destekledi.<\/p>\n Bu geli\u015fmelerle, bu hafta Chicago Ticaret Borsas\u0131’nda kile ba\u015f\u0131na fiyatlar bu\u011fdayda y\u00fczde 3,7, soya fasulyesinde y\u00fczde 2,5 ve pirin\u00e7te y\u00fczde 0,8 azal\u0131rken, m\u0131s\u0131rda y\u00fczde 0,6 de\u011fer kazand\u0131.<\/p>\n ABD’de faaliyet g\u00f6steren emtia borsas\u0131 Intercontinental Exchange’te libre baz\u0131nda fiyatlar, kahvede y\u00fczde 7,6 ve \u015fekerde y\u00fczde 1,7 ve pamukta y\u00fczde 0,3 azald\u0131. Kakaonun ton ba\u015f\u0131na fiyat\u0131 ise haftay\u0131 y\u00fczde 6,8 azal\u0131\u015fla tamamlad\u0131.<\/p>\n\n <\/p>\n Kaynak :\u00a0http:\/\/www.milliyet.com.tr\/ekonomi\/2-yatirim-araci-altin-ve-gumusu-solladi-2008-yilindan-bu-yana-bir-ilk-7506357<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Emtia piyasalar\u0131, ABD’de a\u00e7\u0131klanan enflasyon ve istihdam verilerinin etkisiyle de\u011ferli metallerde y\u00fckseli\u015fin izlendi\u011fi, jeopolitik geli\u015fmelerin etkisiyle enerji emtialar\u0131nda ise negatif seyrin \u00f6ne \u00e7\u0131kt\u0131\u011f\u0131 haftada kar\u0131\u015f\u0131k bir seyir izledi. Ge\u00e7ti\u011fimiz hafta alt\u0131n ve g\u00fcm\u00fc\u015fte y\u00fckseli\u015f \u00f6ne \u00e7\u0131karken, 2 yat\u0131r\u0131m arac\u0131 getiride alt\u0131n\u0131 sollad\u0131. \u0130\u015fte detaylar…<\/p>\n","protected":false},"author":1,"featured_media":154965,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[9439,8825,10338,163,59],"class_list":["post-154964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-arz","tag-baz","tag-beklentileri","tag-dolar","tag-fiyat"],"_links":{"self":[{"href":"https:\/\/kamucalisani.net\/index.php\/wp-json\/wp\/v2\/posts\/154964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kamucalisani.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kamucalisani.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kamucalisani.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kamucalisani.net\/index.php\/wp-json\/wp\/v2\/comments?post=154964"}],"version-history":[{"count":1,"href":"https:\/\/kamucalisani.net\/index.php\/wp-json\/wp\/v2\/posts\/154964\/revisions"}],"predecessor-version":[{"id":154966,"href":"https:\/\/kamucalisani.net\/index.php\/wp-json\/wp\/v2\/posts\/154964\/revisions\/154966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kamucalisani.net\/index.php\/wp-json\/wp\/v2\/media\/154965"}],"wp:attachment":[{"href":"https:\/\/kamucalisani.net\/index.php\/wp-json\/wp\/v2\/media?parent=154964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kamucalisani.net\/index.php\/wp-json\/wp\/v2\/categories?post=154964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kamucalisani.net\/index.php\/wp-json\/wp\/v2\/tags?post=154964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}