Turkey - Factors to Watch on Oct 28

Eregli Demir ve Celik Fabrikalari

28/10/2019 04:44

ISTANBUL, Oct 28 (Reuters) - Here are news, reports and
events that may affect Turkish financial markets on Monday.
    The lira  TRYTOM=D3  traded at 5.7755 against the U.S.
dollar at 0434 GMT, little changed from a close of 5.7795 on
Friday.
    The yield on the benchmark 10-year bond  TR10YT=RR  fell to
13.31% on Friday from 13.52% on Thursday.
    The main BIST 100 share index  .XU100  fell 0.13% on Friday
to 100,215.95 points.
    
    GLOBAL MARKETS
    Asian shares extended gains on Monday to hit a three-month
high as risk assets got a fillip from hopes of a U.S.-China
trade deal as soon as next month while the dollar marked time as
focus shifts to a U.S. rate decision. 
    In early Asian trades, MSCI's broadest index of Asia-Pacific
shares outside Japan  .MIAPJ0000PUS  added 0.3% for its third
straight day of gains to 518.29, the highest since late July.
 urn:newsml:reuters.com:*:nL4N27D0IP
    
    MARKETS
    Turkish markets will be open until noon. Monday afternoon
and Tuesday are bank holidays due to Republic Day.
    
    ERDOGAN
    President Tayyip Erdogan will chair meetings of his AK
Party's two executive boards (1030 GMT, 1430 GMT).
    
    FOREIGN MINISTER
    Turkey's Foreign Minister Mevlut Cavusoglu is expected to
hold a news conference in Ankara with his Bissau-Guinean
counterpart (1045 GMT).
    
    BAGHDADI
    Fugitive Islamic State leader Abu Bakr al-Baghdadi died
"whimpering and crying" in a raid by U.S. special forces in
northwest Syria, President Donald Trump announced on Sunday,
fulfilling what he called his top national security goal.
 urn:newsml:reuters.com:*:nL8N27C08C
    
    SDF WITHDRAWAL
    The Kurdish-led Syrian Democratic Forces (SDF) said on
Sunday it had agreed to withdraw more than 30 km (19 miles) from
the Turkish border, an announcement welcomed by Damascus which
said Turkey should now end its "aggression" in northeast Syria.
 urn:newsml:reuters.com:*:nL8N27C0L2
    
    GERMANY 'SAFE ZONE' PROPOSAL
    Turkey does not find a German proposal on creating an
international "safe zone" in northeast Syria realistic, Turkish
Foreign Minister Mevlut Cavusoglu said on Saturday.  urn:newsml:reuters.com:*:nL8N27B07X
    
    S-400
    The United States is still in talks with Turkey to get
Ankara to 'walk away' from the Russian missile defense system it
bought, a senior State Department official said on Friday, but
warned Turkey that the risk of sanctions over the issue
persisted.  urn:newsml:reuters.com:*:nL2N27A0U7
    
    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 Ali Kucukgocmen)
 ((ali.kucukgocmen@thomsonreuters.com , @alikucukgocmen;
+902123507067; Reuters Messaging: Reuters Messaging:
ali.kucukgocmen.thomsonreuters.com@reuters.net))