Turkey - Factors to Watch on April 13

Kitco Media
By Reuters
Published:
Updated:
Reuters
ANKARA, April 13 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Thursday. The lira stood at 19.3180 against the dollar at 0415 GMT, little changed from its close of 19.3175 on Wednesday. The main BIST 100 share index closed 0.43% higher at 5,146.11 points on Wednesday.


GLOBAL MARKETS Asian stocks struggled on Thursday, dragged by selling in Hong Kong tech shares, while the dollar was under pressure and short-dated bonds were firm as softening U.S. inflation seemed to suggest the U.S. rate hike cycle was nearing its end.


ERDOGAN PROGRAMME Turkish President Tayyip Erdogan will attend a groundbreaking ceremony in southern province of Malatya. (1330 GMT)


U.S. SANCTIONS TURKEY-BASED ENTITIES The United States on Wednesday imposed sanctions on at least four Turkey-based entities it said violated U.S. export controls and helped Russia's war effort, in the biggest U.S. enforcement action in Turkey since the invasion of Ukraine last year.


BLACK SEA GRAIN DEAL The Kremlin warned on Wednesday that the outlook for extending a deal beyond May 18 that allows the safe wartime export of grain and fertilizer from several Ukrainian Black Sea ports was not great as Russia's own such exports still faced obstacles.


CENTRAL BANK DATA The central bank will release its weekly data, including on forex reserves (1130 GMT).


FOREIGN MINISTER Foreign Minister Mevlut Cavusoglu and his Egyptian counterpart Sameh Shoukry will hold a news conference after their talks in Ankara (1500 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 Huseyin Hayatsever)

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