Turkey - Factors to Watch on Dec 16

GSD Holding

16/12/2013 06:42

ISTANBUL, Dec 16 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Monday.     The lira firmed to 2.0370 against the dollar  TRYTOM=D3  by 0642 GMT from 2.0410 late on Friday. The main stock index  .XU100  closed up 1.36 percent at 74,064.98 points on Friday, outperforming a 0.14 percent fall in the wider emerging markets index  .MSCIEF .   The yield on the 10-year benchmark bond  tTR270923TA=IS  traded at 9.53 percent in thin trade on Friday. GLOBAL MARKETS Asian share markets were mostly lower on Monday with investors just a few short days away from finding out the fate of U.S. monetary stimulus, in what looks set to be a very close call indeed. The Federal Reserve meets on Tuesday and Wednesday to discuss tapering its $85 billion in monthly bond buying and opinion is divided on whether it will move this week or wait for January -- or March.  ID:nL3N0JV08C  TURKEY-EU MIGRANTS' AGREEMENT      Turkey and the EU to sign an agreement allowing EU governments to send back illegal immigrants crossing into Europe from Turkey under a deal last week seen paving the way for the EU to lift visa requirements for Turkish citizens (0800 GMT). Prime Minister Tayyip Erdogan will address the meeting. UNEMPLOYMENT DATA  TRUNR=ECI  Statistics office to release unemployment data for September (0800 GMT). BUDGET DATA  TRBUD=ECI  The finance ministry to release budget data for November (0900 GMT). GSD HOLDING  GSDHO.IS , TEKSTILBANK  TEKST.IS  GSD, which has interests ranging from financial services to trade, said it had mandated Merrill Lynch as a financial adviser for the partial or complete sale of Tekstilbank. BOYNER HOLDING  BOYNR.IS  The retailer said the Capital Markets Board had approved its domestic borrowing of up to 100 million lira with maturities of up to three years. VAKIFBANK  VAKBN.IS  The state lender said the yield on its nominal 500 million lira, 168-day bill issue will be 9.0223 percent. Note: For a list of forthcoming events, see  TR/DIARY .   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/