Turkey - Factors to Watch on May 28

Is Yatirim Menkul Degerler AS

28/05/2019 05:33

ISTANBUL, May 28 (Reuters) - Here are news, reports and
events that may affect Turkish financial markets on Tuesday.
    The lira  TRYTOM=D3  traded at 6.0760 against the U.S.
dollar at 0433 GMT, weakening from a close of 6.0650 on Monday.
    The yield on the benchmark 10-year bond  TR10YT=RR  rose to
19.66% on Monday from 19.06% on Friday.
    The main BIST 100 share index  .XU100  fell 0.61% on Monday
to 85,545.40 points.
    
    GLOBAL MARKETS
    Asian shares tracked European gains on Tuesday, as relief
over EU election results eased concerns about political
difficulties in the bloc and merger news supported auto shares,
although persistent concerns about trade capped regional
sentiment. MSCI's broadest index of Asia-Pacific shares outside
Japan  .MIAPJ0000PUS  was up 0.07% in early trade, and U.S. S&P
500 e-mini futures ESc1 rose 0.14% to 2,835.75.  urn:newsml:reuters.com:*:nL4N23404M
    
    ERDOGAN SCHEDULE
    President Tayyip Erdogan will hold talks with Iraqi
President Barham Salih (1530 GMT) and they will attend a Ramadan
fast-breaking dinner together in Istanbul (1733 GMT).
    
    ECONOMIC CONFIDENCE INDEX  TRCONC=ECI 
    The Turkish Statistical Institute will announce economic
confidence data for May (0700 GMT).
    
    INTERNATIONAL RESERVES
    The Turkish Central Bank will announce international
reserves and forex liquidity data for April (0700 GMT).
    
    OPPOSITION PARTIES MEET
    The main opposition CHP, the pro-Kurdish HDP and the IYI
Party will hold parliamentary group meetings.
    
    RETIREMENT FUND GUIDELINES
    Turkey's market regulator on Monday adjusted its retirement
fund guidelines to mandate that a minimum of 25% of money market
fund portfolios be directed towards investment in Turkish
government bonds.  urn:newsml:reuters.com:*:nI7N22Y01F
    
    EURO-DENOMINATED SUKUK
    Turkey's Treasury said on Monday that it will issue a
one-year euro-denominated sukuk for which bids will be collected
until 1100 GMT on May 29.
    
    TURKISH AIRLINES  THYAO.IS 
    Turkish Airlines said it signed a catering contract with
unit THY Do & Co Ikram Hizmetleri for 15 years.  urn:newsml:reuters.com:*:nFWN23309K 
    
    IS YATIRIM  ISMEN.IS 
    Is Yatirim Menkul Degerler says to issue debt instruments up
to 2.10 billion lira domestically.  urn:newsml:reuters.com:*:nFWN2330BE
                
    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 Daren Butler)
 ((daren.butler@tr.com; +90-212-350 7053; Reuters Messaging:
daren.butler.thomsonreuters.com@reuters.net))