Turkey - Factors to Watch on Feb 13

Kitco Media
By Reuters
Published:
Updated:
Reuters
ISTANBUL, Feb 13 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Monday. The lira traded at 18.8250 against the dollar early on Monday, little changed from Friday's close of 18.8360. Istanbul's stock exchange operator has suspended trading until Feb. 15 in the wake of last week's earthquakes. GLOBAL MARKETS Asian shares slid and the dollar rose on Monday as investors hunkered down for U.S. inflation data that could jolt the outlook for interest rates globally, while accelerating or reversing the recent spike in bond yields. EARTHQUAKE Rescuers pulled more survivors from the rubble on Sunday, nearly a week after one of the worst earthquakes to hit Turkey and Syria, as Turkish authorities sought to maintain order across the disaster zone and began legal action over building collapses. With chances of finding more survivors growing more remote, the toll in both countries from Monday's earthquake and major aftershocks rose above 33,000 and looked set to keep growing. It was the deadliest quake in Turkey since 1939. CURRENT ACCOUNT The central bank will announce current account data for December (0700 GMT). SYRIA The U.S. government on Sunday called on Syria and all parties to immediately grant humanitarian access to all those in need across the country after Monday's earthquakes. IYI PARTY IYI Party leader Meral Aksener will visit the quake-hit city of Malatya (0940 GMT). 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 (Compiled by Daren Butler)

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