20\u201324 Temmuz 2026 | Haftal\u0131k Risk Takvimi (UTC +3)<\/p>\n\n\n\n
\ud83c\udfaf Haftan\u0131n ana temas\u0131<\/p>\n\n\n\n
Haziran CPI y\u00fczde 4,2’den y\u00fczde 3,5’e \u00e7ekildi (Nisan 2020’den bu yana en b\u00fcy\u00fck ayl\u0131k d\u00fc\u015f\u00fc\u015f), \u00e7ekirdek CPI beklentinin belirgin alt\u0131nda y\u00fczde 2,6’ya indi; PPI de ayl\u0131k bazda eksi y\u00fczde 0,3 ile 2024’ten bu yana ilk kez geriledi. Temmuz FOMC toplant\u0131s\u0131na art\u0131\u015f getirme olas\u0131l\u0131\u011f\u0131 ge\u00e7en hafta ba\u015f\u0131nda y\u00fczde 50’ye kadar f\u0131rlayan piyasa, CPI a\u00e7\u0131klan\u0131nca pozisyonunu sert geri ald\u0131 \u2014 Temmuz faiz de\u011fi\u015ftirmeme beklentisi y\u00fczde 92,5’e yerle\u015fti. Bu hafta Fed blackout’ta; y\u00f6nlendirme yok. Piyasan\u0131n g\u00f6z\u00fc iki noktada: Per\u015fembe’deki ECB karar\u0131 ve ard\u0131ndan Cuma’ya s\u0131k\u0131\u015fan global Flash PMI paketi. Eyl\u00fcl faiz artt\u0131r\u0131m olas\u0131l\u0131\u011f\u0131 h\u00e2l\u00e2 y\u00fczde 63 \u2014 bu haftan\u0131n verileri o rakam\u0131 a\u015fa\u011f\u0131 m\u0131 yukar\u0131 m\u0131 ta\u015f\u0131r?<\/p>\n\n\n\n
\ud83d\udcc5 Ekonomik Takvim<\/p>\n\n\n\n
Per\u015fembe \u2013 23 Temmuz<\/p>\n\n\n\n
\ud83c\uddfa\ud83c\uddf8 15:30 TS\u0130 \u2014 Haftal\u0131k \u0130\u015fsizlik Ba\u015fvurular\u0131<\/p>\n\n\n\n
Son d\u00f6rt haftan\u0131n 207\u2013215 bin band\u0131nda sakin seyri, istihdam piyasas\u0131n\u0131n k\u0131r\u0131lmakta olan ama hen\u00fcz \u00e7\u00f6kmemi\u015f tablosunu koruyor. Haziran’\u0131n 57 bin’lik NFP \u015foku kal\u0131c\u0131 m\u0131, ge\u00e7ici mi sorusu bu haftaki ba\u015fvurulardan bir ipucu alabilir.<\/p>\n\n\n\n
\ud83c\uddea\ud83c\uddfa 16:15 TS\u0130 \u2014 ECB Faiz Karar\u0131<\/p>\n\n\n\n
16:45 TS\u0130 \u2014 Ba\u015fkan Lagarde Bas\u0131n Toplant\u0131s\u0131. ECB Haziran’da y\u00fczde 2,25’e 25 baz puan art\u0131\u015fla 2023’ten bu yana ilk s\u0131k\u0131la\u015ft\u0131rmas\u0131n\u0131 yapm\u0131\u015ft\u0131. Piyasa bu toplant\u0131 i\u00e7in y\u00fczde 88 olas\u0131l\u0131kla sabit kalmay\u0131 fiyatl\u0131yor; ancak as\u0131l merak edilen Lagarde’\u0131n dili. Bu, projeksiyonsuz bir toplant\u0131 \u2014 t\u00fcm sinyal y\u00fck\u00fc karar metnine ve bas\u0131n konferans\u0131na s\u0131k\u0131\u015f\u0131yor. Kritik soru: ABD’de enerji kaynakl\u0131 enflasyonun zirveyi a\u015ft\u0131\u011f\u0131na dair i\u015faretler Avrupa’ya da yay\u0131l\u0131yor mu, yoksa ECB Eyl\u00fcl i\u00e7in kap\u0131y\u0131 a\u00e7\u0131k tutuyor mu?<\/p>\n\n\n\n
Cuma \u2013 25 Temmuz<\/p>\n\n\n\n
\ud83c\udde9\ud83c\uddea\ud83c\uddea\ud83c\uddfa 11:00\u201312:00 TS\u0130 \u2014 Eurozone & Almanya S&P Global Flash PMI, Temmuz<\/p>\n\n\n\n
\ud83c\uddec\ud83c\udde7 11:30 TS\u0130 \u2014 \u0130ngiltere S&P Global Flash PMI, Temmuz<\/p>\n\n\n\n
\ud83c\uddfa\ud83c\uddf8 16:45 TS\u0130 \u2014 ABD S&P Global Flash PMI, Temmuz<\/p>\n\n\n\n
Temmuz PMI’lar\u0131 3. \u00e7eyre\u011fe ait ilk ger\u00e7ek zamanl\u0131 aktivite okumas\u0131 olmas\u0131 bak\u0131m\u0131ndan ayr\u0131ca kritik. Hem Avrupa hem ABD taraf\u0131nda enerji maliyetinin \u00e7ekilmesinin i\u015f d\u00fcnyas\u0131 g\u00fcvenine ve fiyat alt endekslerine yans\u0131y\u0131p yans\u0131mad\u0131\u011f\u0131 FOMC \u00f6ncesi son sinyal.<\/p>\n\n\n\n
—<\/p>\n\n\n\n
\u26a1 Kripto & Piyasa Riskleri<\/p>\n\n\n\n
ECB (Per\u015fembe 16:15):<\/p>\n\n\n\n
Sabit Faiz + g\u00fcvercin dil \u2014 Lagarde enerji dezenflasyonuna at\u0131fla Eyl\u00fcl art\u0131\u015f\u0131n\u0131 y\u00fcksek ihtimalsiz g\u00f6sterirse EUR zay\u0131flar, DXY g\u00fc\u00e7lenir, #kripto \u00fczerinde k\u0131sa vadeli a\u015fa\u011f\u0131 bask\u0131 olas\u0131. Sabit Faiz + \u015fahin y\u00f6nlendirme \u2014 Eyl\u00fcl art\u0131\u015f\u0131 masada kal\u0131rsa EUR toparlar, DXY’de bask\u0131 hafifler, risk i\u015ftah\u0131 i\u00e7in n\u00f6tr-pozitif. S\u00fcrpriz ikinci art\u0131\u015f \u2014 d\u00fc\u015f\u00fck ihtimal ama ger\u00e7ekle\u015firse k\u00fcresel “daha uzun s\u00fcre y\u00fcksek faiz” anlat\u0131s\u0131 canlan\u0131r; risk varl\u0131klar\u0131 i\u00e7in anl\u0131k sat\u0131\u015f dalgas\u0131.<\/p>\n\n\n\n
Flash PMI fiyatlar alt endeksi (Cuma):<\/p>\n\n\n\n
Hem ABD hem Avrupa’da \u00fcretici giri\u015f fiyatlar\u0131n\u0131n geriledi\u011fi g\u00f6r\u00fcl\u00fcrse “enflasyon ger\u00e7ekten d\u00f6n\u00fcyor” okumas\u0131 peki\u015fir, Eyl\u00fcl faiz artt\u0131r\u0131m olas\u0131l\u0131\u011f\u0131 y\u00fczde 63’\u00fcn alt\u0131na k\u0131r\u0131l\u0131r \u2014 kripto i\u00e7in risk-on zemini g\u00fc\u00e7lenir. Fiyatlar endeksinin y\u00fcksek kalmas\u0131 ise ge\u00e7en haftan\u0131n g\u00fcvercin CPI\/PPI okumas\u0131n\u0131 tek ayl\u0131k anomaliye indirger ve hike bask\u0131s\u0131 geri d\u00f6ner.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
20\u201324 Temmuz 2026 | Haftal\u0131k Risk Takvimi (UTC +3) \ud83c\udfaf Haftan\u0131n ana temas\u0131 Haziran CPI y\u00fczde 4,2’den y\u00fczde 3,5’e \u00e7ekildi<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[245],"tags":[247],"class_list":["post-5844","post","type-post","status-publish","format-standard","hentry","category-raporlar","tag-rapor"],"_links":{"self":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/5844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5844"}],"version-history":[{"count":3,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/5844\/revisions"}],"predecessor-version":[{"id":5847,"href":"https:\/\/fxknews.com\/index.php?rest_route=\/wp\/v2\/posts\/5844\/revisions\/5847"}],"wp:attachment":[{"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fxknews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}