Turkey - Factors to Watch on Nov 2

Akcansa Cimento Sanayi ve Ticaret AS

02/11/2016 05:14

ISTANBUL, Nov 2 (Reuters) - Here are news, reports and 
events that may affect Turkish financial markets on Wednesday. 
    The lira  TRYTOM=D3  stood at 3.1200 against the dollar at 
0514 GMT, weakening from 3.1100 at the end of Tuesday. 
    The benchmark 10-year bond  TR110226TA=IS  was at 10.05 
percent in spot trade on Tuesday and rose to 10.10 in 
Wednesday-dated trade. 
    The main share index  .XU100  fell 1.41 percent to 77,428.56 
points on Tuesday. 
     
    GLOBAL MARKETS 
    Asian shares tumbled to seven-week lows and the dollar was 
on the defensive on Wednesday as investors were rattled by signs 
the U.S. presidential election race was tightening just days out 
to the Nov. 8 vote. Markets were beginning to rethink their 
long-held bets of a victory for Democratic candidate Hillary 
Clinton amid signs her Republican rival Donald Trump could be 
closing the gap, forcing money out of riskier assets and into 
safe-havens such as the Japanese yen and gold.  urn:newsml:reuters.com:*:nL4N1D302H 
     
    MILITARY DEPLOYMENT 
    Turkey's military has begun deploying tanks and other 
armoured vehicles to the town of Silopi near the Iraqi border, 
in a move the defence minister said on Tuesday was related to 
the fight against terrorism and developments across the border. 
 urn:newsml:reuters.com:*:nL8N1D23XA 
     
    TURKEY-AFRICA FORUM 
    President Tayyip Erdogan will speak at the opening of the 
Turkish-African economic and business forum (0730 GMT). He will 
also speak at an OIC conference on the role of women in 
development (1000 GMT). 
     
    PM YILDIRIM 
    Prime Minister Binali Yildirim will chair a meeting of his 
ruling AK party's central executive committee (1200 GMT). 
     
    BUDGET TALKS 
    Parliament's planning and budget commission will begin talks 
on the draft 2017 budget (1000 GMT). 
                   
    TRADE DATA 
    The customs ministry will announce preliminary trade data 
for October (0700 GMT). 
     
    ISBANK  ISCTR.IS  
    The bank posted a rise in third quarter unconsolidated net 
profit to 1.05 billion lira ($338 million) from 378.6 million 
lira in the same period a year earlier.  urn:newsml:reuters.com:*:nI7N1BJ01C 
     
    GARANTI BANK  GARAN.IS  
    The bank's chief executive Fuat Erbil will hold a news 
conference on the bank's third quarter results and sector 
developments (0730 GMT). 
     
    AKCANSA  AKCNS.IS  
    The cement company said its net profit rose to 91.5 million 
lira in the third quarter from 70.4 million a year earlier. 
 urn:newsml:reuters.com:*:nFWN1D20OX 
     
    For other related news, double click on:  
    Turkish politics  TR-POL   
    Turkish equities  TR-E   
    Turkish money  TR-M   
    Turkish debt  TR-D   
    Turkish hot stocks  TR-HOT   
    Forex news  FRX   
    All emerging market news  EMRG    
    All Turkish news  TR    
    For real-time quotes, double click on:  
    Istanbul National-100 stock index  .XU100 , interbank lira 
trading  IYIX= , lira bond trading  0#TRTSYSUM=IS  
 
 (Writing by Daren Butler) 
 ((daren.butler@thomsonreuters.com; +90-212-350 7122; Reuters 
Messaging: daren.butler.thomsonreuters.com@reuters.net)) 
 
Keywords: TURKEY FACTORS/