Turkey - Factors to Watch on Feb 1

Kitco Media
By Reuters
Published:
Updated:
Reuters
ISTANBUL, Feb 1 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Wednesday. The lira traded at 18.8105 against the dollar early on Wednesday, unchanged when compared to Tuesday's close. The main BIST 100 share index closed 2.35% lower at 4,976.55 points on Tuesday. GLOBAL MARKETS Asia's stockmarkets steadied on Wednesday, with signs of a slowdown in U.S. wages bolstering hopes that the Federal Reserve could hint at an end to interest rate hikes at its meeting later in the day. ERDOGAN PROGRAMME Turkish President Tayyip Erdogan will speak at the weekly parliamentary meeting of his Ak Party in Ankara (0900 GMT). TURKEY-ESTONIA Turkish Foreign Minister Mevlut Cavusoglu will hold a joint press conference with his Estonian counterpart Urmas Reinsalu following discussions. OPPOSITION Turkey's centre-right nationalist opposition IYI Party will hold group meeting in the parliament. ISTANBUL INFLATION Istanbul Chamber of Commerce will announce its January inflation calculation for Istanbul (0900 GMT). DEBT RESTRUCTURING Turkey's government is expecting some 100 billion lira ($5.32 billion) in payment as part of a restructuring of public debt worth 1 trillion lira under a draft law, an impact analysis report submitted to a parliamentary commission showed.


For other related news, double click on: Turkish politics Turkish equities Turkish money Turkish debt Turkish hot stocks Forex news All emerging market news All Turkish news For real-time quotes, double click on: Istanbul National-100 stock index , interbank lira trading , lira bond trading ($1 = 18.8066 liras) (Compiled by Ezgi Erkoyun)

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