Turkey - Factors to Watch on Oct 25

Eregli Demir ve Celik Fabrikalari

25/10/2019 05:28

ISTANBUL, Oct 25 (Reuters) - Here are news, reports and
events that may affect Turkish financial markets on Friday.
    The lira  TRYTOM=D3  traded at 5.7690 against the U.S.
dollar at 0428 GMT, weakening from a close of 5.7630 on
Thursday.
    The yield on the benchmark 10-year bond  TR10YT=RR  fell to
13.52% on Thursday from 13.56% on Wednesday.
    The main BIST 100 share index  .XU100  rose 0.56% on
Thursday to 100,345.64 points.
    
    GLOBAL MARKETS
    Asian shares wobbled on Friday as investors were reluctant
to make big bets ahead of key central bank policy meetings next
week against the backdrop of slowing global growth, while
sterling extended its slide on a fresh bout of Brexit anxiety.
MSCI's broadest index of Asia-Pacific shares outside Japan
 .MIAPJ0000PUS  was down just 0.03%, giving up small gains early
in the day.  urn:newsml:reuters.com:*:nL5N27A0AD
    
    ERDOGAN ON INTEREST RATES
    Turkey's inflation will fall further when the key central
bank interest rate is at single digits, President Tayyip Erdogan
said on Thursday in a television interview, after the central
bank cut its policy rate to 14%.  urn:newsml:reuters.com:*:nL5N2798VO
    
    ERDOGAN SCHEDULE
    President Erdogan will meet Guinea President Alpha Conde
(1130 GMT) and Afghan Vice President Abdul Rashid Dostum (1430
GMT) 
    
    CAPACITY UTILISATION  TRCAPU=ECI 
    Turkish central bank will announce capacity utilisation data
for October (0700 GMT).

    MANUFACTURING CONFIDENCE  TRGRWT=ECI 
    Turkey will announce October manufacturing confidence data
(0700 GMT).
    
    ERDEMIR RESULTS  EREGL.IS 
    The iron and steel maker said its net profit fell to 784.4
million lira ($136 million) in the third quarter from 1.34
billion in the same period a year earlier.  urn:newsml:reuters.com:*:nFWN27911C
    
    SYRIA
    The Kurdish-led Syrian Democratic Forces (SDF) accused
Turkey on Thursday of launching a large land offensive targeting
three villages in northeast Syria despite a truce, but Russia
said a peace plan hammered out this week was going ahead
smoothly.  urn:newsml:reuters.com:*:nL5N2796S9
    
    ERDOGAN AIDE
    Turkey criticised the United States on Thursday for treating
the commander of the Kurdish-led Syrian Democratic Forces (SDF)
as a "legitimate political figure," underlining continued
tensions with Washington despite the end of its offensive in
Syria.  urn:newsml:reuters.com:*:nL5N27993Y
    
    SYRIA'S MANBIJ
    Turkey agreed with Russia to have an observation area on the
northwestern part of Syria's Manbij to protect the area,
President Erdogan said on Thursday.  urn:newsml:reuters.com:*:nL5N2798QB
    
    SYRIAN OIL
    U.S. military leaders are preparing a plan that could keep
Islamic State fighters from regaining a foothold in Syria, while
preventing Syrian oil from falling into the hands of Iran or the
militant group, a Republican senator said on Thursday.
 urn:newsml:reuters.com:*:nL2N2791GG
    
    HALKBANK CASE  HALKB.IS 
    A top Democratic senator on Thursday questioned whether
President Donald Trump interfered with a criminal investigation
of Turkey's Halkbank, which has been accused of conspiring to
evade U.S. sanctions against Iran.  urn:newsml:reuters.com:*:nL5N2798LW
    
    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 = 5.7664 liras)

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