Turkey - Factors to Watch on May 22

Turk Traktor ve Ziraat Makineleri

22/05/2015 06:22

May 22 (Reuters) - Here are news, reports and events that 
may affect Turkish financial markets on Friday.  
    The lira  TRYTOM=D3  stood at 2.5875 against the dollar by 
0508 GMT, firming slightly from 2.5900 late on Thursday. 
    The main BIST 100 share index  .XU100  fell 1.4 percent on 
Thursday to 86,565.03. The benchmark 10-year government bond 
yield  tTR120325TA=IS  ended spot trade at 8.97 percent on 
Thursday. 
             
    GLOBAL MARKETS 
    Asian shares rose on Friday after Wall Street set another 
record high with prospects for a Federal Reserve rate hike in 
June all but quashed, while the dollar steadied after losing 
ground to the euro for the first time this week on downbeat U.S. 
data.  ID:nL3N0YD02N  
    U.S. crude took a breather, inching down 0.1 percent to 
$60.64, after surging nearly 3 percent overnight on data that 
eased supply glut concerns and fighting in Iraq. Brent  LCOc1  
dipped 0.2 percent to $66.40 a barrel after rising 2.3 percent. 
 O/R  
     
    FUEL DISTRIBUTION 
    Turkish conglomerate Dogan Holding  DOHOL.IS  said on 
Thursday one of its units had placed a non-binding bid for the 
Turkish fuel distribution business of French oil producer Total 
 TOTF.PA .  ID:nL5N0YC4J7  
     
    AUTO LABOUR UNREST 
    Renault  RENA.PA  might reconsider investment in Turkey if a 
labour dispute, which has stopped production at its joint 
venture Oyak Renault, brings instability, the French car maker's 
head of Eurasia said on Thursday.  ID:nL5N0YC2NK  
    Turk Traktor  TTRAK.IS  will halt production in two cities 
because of an ongoing labour dispute, the Turkish tractor 
manufacturer said in a statement to the Istanbul Stock Exchange. 
 ID:nL5N0YD08L  
     
    TURKEY SUPPORT FOR SYRIAN REBELS 
    Turkey's state intelligence agency helped deliver arms to 
parts of Syria under Islamist rebel control during late 2013 and 
early 2014, according to a prosecutor and court testimony from 
gendarmerie officers seen by Reuters.  ID:nL5N0Y2236  
     
    ECONOMIC POLICY 
    A Turkish parliamentary candidate tipped as a key member of 
the next government's economic team said on Thursday that Turkey 
could ill afford to loosen monetary or fiscal policy while the 
global economy remains fragile.  ID:nL5N0YC25Q  
     
    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 Dasha Afanasieva in Istanbul; Editing by Anand 
Basu) 
 ((dasha.afanasieva@thomsonreuters.com; +90 212 350 7051)) 
 
Keywords: TURKEY FACTORS/