Turkey - Factors to Watch on Feb 27

Kitco Media
By Reuters
Published:
Updated:
Reuters
ISTANBUL, Feb 27 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Monday. The lira traded at 18.8700 against the dollar at 0405 GMT, little changed from a close of 18.8830 on Friday. The main BIST 100 share index closed 0.54% lower at 5,058.75 points on Friday.


GLOBAL MARKETS Asian shares slipped on Monday as markets were forced to price in ever-loftier peaks for U.S. and European interest rates, slugging bonds globally and underpinning the dollar near multi-week highs.


EARTHQUAKE The death toll the earthquakes in southern Turkey this month has risen to 44,374, the head of the Disaster and Emergency Management Authority (AFAD) said on Sunday.


OPPOSITION LEADERS Kemal Kilicdaroglu, leader of the main opposition CHP, and Meral Aksener, head of its alliance partner IYI Party, are expected to hold talks on Monday as their alliance works towards choosing a joint presidential candidate in elections scheduled to be held by June. Kilicdaroglu will also chair a meeting of the CHP's central executive committee (1000 GMT).


FOREIGN TRADE DATA The Turkish Statistical Institute will announce foreign trade data for January (0700 GMT).


ECONOMIC CONFIDENCE DATA The Turkish Statistical Institute announces economic confidence data for February (0700 GMT).


EGYPTIAN FOREIGN MINISTER Egypt's foreign minister Sameh Shoukry travels to Syria and Turkey on Monday in a sign of thawing relations with both countries. It will be the first visit by an Egyptian foreign minister to Damascus since Syria's conflict erupted in 2011 and a major development in Cairo's diplomatic ties with Ankara.


HUNGARIAN FOREIGN MINISTER Turkish Foreign Minister Mevlut Cavusoglu holds talks with his Hungarian counterpart, Peter Szijjarto, who is visiting to express condolences over the earthquakes. They are set to hold a joint news conference (0630 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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