Turkey - Factors to Watch on Nov 12

Akenerji Elektrik Uretim AS

12/11/2019 04:45

ISTANBUL, Nov 12 (Reuters) - Here are news, reports and
events that may affect Turkish financial markets on Tuesday.
    The lira  TRYTOM=D3  traded at 5.7680 against the U.S.
dollar at 0445 GMT, little changed from a close of 5.7695 on
Monday.
    The yield on the benchmark 10-year bond  TR10YT=RR  fell to
12.61% on Monday from 12.77% on Friday.
    The main BIST 100 share index  .XU100  fell 0.03% on Monday
to 103,118.48 points.
    
    GLOBAL MARKETS
    Asian share markets flatlined on Tuesday as uncertainty over
Sino-U.S. trade talks and political strife in Hong Kong dogged
sentiment, while safe-haven bonds eked out a bounce. MSCI's
broadest index of Asia-Pacific shares outside Japan
 .MIAPJ0000PUS  edged up a slight 0.04%, following a sharp 1.2%
pullback on Monday.  urn:newsml:reuters.com:*:nL4N27S020
    
    ERDOGAN TRIP TO WASHINGTON
    President Tayyip Erdogan is expected to hold a news
conference before his departure for Washington on a visit for
talks with U.S. President Donald Trump (0800 GMT).
    
    CURRENT ACCOUNT DATA  TRCURA=ECI 
    The Turkish Central Bank will announce current account data
for September (0700 GMT). The current account is expected to
have recorded a surplus of $2 billion in September, a Reuters
poll showed, as the trade deficit remains relatively low and
tourism income continues to provide support.  urn:newsml:reuters.com:*:nL8N27O4EO
    
    BOND AUCTIONS
    The Treasury will tap an 11-month zero coupon treasury bill
maturing on Oct. 7, 2020, issue a new 7-year floating rate note
maturing on Nov. 4, 2026 and tap a 6-year fixed coupon bond
maturing on Nov. 2, 2026..
        
    AKENERJI  AKENR.IS 
    The energy company signed a credit agreement with Yapi Kredi
to restructure a total $854 million loan.  urn:newsml:reuters.com:*:nFWN27R118
    
    EU AGREES CYPRUS SANCTIONS
    European Union foreign ministers agreed on Monday economic
sanctions over Turkey's drilling off the coast of Cyprus,
setting up the legal framework for travel bans and asset freezes
but leaving names until a later date.  urn:newsml:reuters.com:*:nL8N27R3UE
    
    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 
($1 = 5.7564 liras)

 (Compiled by Daren Butler)
 ((daren.butler@tr.com; +90-212-350 7053; Reuters Messaging:
daren.butler.thomsonreuters.com@reuters.net))