Turkey - Factors to Watch on March 20

Ford Otomotiv Sanayi AS

20/03/2020 04:41

ISTANBUL, March 20 (Reuters) - Here are news, reports and
events that may affect Turkish financial markets on Friday.
    The lira  TRYTOM=D3  stood at 6.5050 against the dollar at
0421 GMT, firming from a close of 6.5460 on Thursday.
    The main BIST 100 share index  .XU100  fell 0.45% on
Thursday to 85,195.39 points.
    
    GLOBAL MARKETS
    Asian shares staged a rare rally on Friday as Wall Street
eked out gains, bonds rallied and oil boasted its biggest bounce
on record, though the panicked rush into U.S. dollars suggested
the crisis was far from done. MSCI's broadest index of
Asia-Pacific shares outside Japan  .MIAPJ0000PUS  rose 3.2%,
after seven sessions of losses.  urn:newsml:reuters.com:*:nL4N2BD0C0
    
    UNEMPLOYMENT
    Turkish Statistical Institute will announce 2019
unemployment data. (0700 GMT)
    
    DEBT STOCK
    The Finance Ministry will release central government debt
stock data for February. (1430 GMT)
    
    CORONAVIRUS
    The death toll in Turkey due to the coronavirus rose to
four, Health Minister Fahrettin Koca said late on Thursday,
adding there was a total of 359 confirmed cases in the country.
 urn:newsml:reuters.com:*:nL8N2BC9KK
    Turkish soccer, basketball and volleyball leagues, which
were among the last to continue playing matches, were suspended
indefinitely on Thursday due to the widening coronavirus
outbreak.  urn:newsml:reuters.com:*:nL8N2BC6CD
    Shops closed across Turkey on Thursday to help halt the
coronavirus spread, dimming the economy's prospects and raising
questions for hundreds of thousands of workers after Ankara
pledged $15 billion in support and advised Turks to stay home.
 urn:newsml:reuters.com:*:nL8N2BC0NQ
    
    FINANCE MINISTER
    Finance Minister Berat Albayrak said on Thursday he had "no
concerns" about Turkey's ability to meet its economic growth,
budget and inflation targets for 2020 despite expectations of a
potentially severe global recession due to the coronavirus.
 urn:newsml:reuters.com:*:nI7N2B401W
    A 9% fall in the Turkish lira this year will not seriously
lift inflation, which Ankara expects to dip toward year end from
above 12% last month, Albayrak also said.  urn:newsml:reuters.com:*:nI7N2B4026
    
    SYRIA'S IDLIB
    Turkey's Defence Ministry said on Thursday that two of its
soldiers were killed in Syria's northwestern province of Idlib
in a rocket attack by "some radical groups".  urn:newsml:reuters.com:*:nL8N2BC82T
                
    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 

 (Compiled by Ali Kucukgocmen)
 ((ali.kucukgocmen@thomsonreuters.com , @alikucukgocmen;
+902123507067; Reuters Messaging: Reuters Messaging:
ali.kucukgocmen.thomsonreuters.com@reuters.net))