GLOBAL MARKETS A rally in Asian shares sputtered on Thursday, pressured by a pullback in Chinese stocks and higher U.S. yields amid fears that global central banks would keep raising interest rates to combat sticky inflation.
OPPOSITION ALLIANCE Turkey's six-party opposition alliance meets to discuss its plans for elections set for May 14 and the joint candidate that it will select to challenge Tayyip Erdogan in the presidential election (1100 GMT).
GOLDMAN SACHS Goldman Sachs has warned of the potential for foreign exchange market instability in the run up to Turkey's elections following years of currency reserve depletion and other costly measures. While not its base case, the Wall Street bank said problems could be triggered if savers and firms became worried that a shift to more orthodox economic policies under a new government would fuel short-term FX market turbulence.
TRADE DATA The Trade Ministry will announce foreign trade data for February (0800 GMT).
CENTRAL BANK MINUTES The central bank will announce the minutes of its monetary policy committee meeting last week, where it cut its policy rate by 50 basis points to 8.5% (1100 GMT).
CENTRAL BANK DATA The central bank will release its weekly data on forex reserves (1130 GMT).
CENTRAL BANK SCHEME Bank loans given out under a central bank scheme that supports exports and import substitution have reached the maximum limit of 100 billion lira ($5.30 billion), two sources said on Wednesday.
TURKISH AIRLINES Turkish Airlines said it had a net profit of 47.43 billion lira ($2.51 billion) last year, up from 8.21 billion lira the previous year.
SABANCI HOLDING Sabanci Holding posted a net profit of 43.83 billion lira
($2.32 billion) for 2022, up from 12.03 billion the previous
year.
TOFAS AGREEMENT Stellantis announced on Wednesday it had reached an agreement with Turkey's Koc Holding aimed at further expanding their joint venture Tofas which includes a change of the ownership structure of a local distribution unit.
FOREIGN MINISTER
Foreign Minister Mevlut Cavusoglu will attend the G20 foreign ministers' meeting in New Delhi.
NATO MEMBERSHIP Hungarian Prime Minister Viktor Orban's Fidesz party will back the ratification of Finland and Sweden's bid to join NATO, the party's parliamentary group said on Wednesday, as lawmakers began the process after a months-long delay.
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 = 18.8845 liras) (Compiled by Daren Butler)
