Turkey - Factors to Watch on Feb 14

Kitco Media
By Reuters
Published:
Updated:
Reuters
ISTANBUL, Feb 14 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Tuesday. The lira traded at 18.8425 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 tracked a bounce on Wall Street on Tuesday, as investors remained confident that key U.S. economic data due later would show an easing in inflation, while the yen recouped losses as Japan nominated a new central bank governor. EARTHQUAKE Rescuers were searching for more 'miracle' survivors under the rubble on Monday, 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 37,000 and looked set to keep growing.


CABINET MEETING President Tayyip Erdogan will chair a cabinet meeting where the authorities will discuss the earthquake and necessary actions to take for the 13.5 million people in the area (1200 GMT). TURKEY-ISRAEL Turkey's Foreign Minister Mevlut Cavusoglu will hold a joint press conference with Israeli counterpart Eli Cohen (0720 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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