Turkey - Factors to Watch on April 18

Kitco Media
By Reuters
Published:
Updated:
Reuters
ISTANBUL, April 18 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Tuesday. The lira traded at 19.3910 against the dollar at 0405 GMT, little changed from its close on Monday of 19.3905. The main BIST 100 share index closed 0.66% lower at 5,059.35 points on Monday.


GLOBAL MARKETS Asia's shares pared losses on Tuesday as China's economy recorded a stronger-than-expected recovery from punishing pandemic lockdowns last year that led to a major slowdown.


ERDOGAN PROGRAMME President Tayyip Erdogan will make a speech at an election rally in the central Turkish province of Afyonkarahisar (1100 GMT) and will attend an opening ceremony in the neighbouring province of Eskisehir.


OPPOSITION The main opposition's presidential candidate for May 14 elections Kemal Kilicdaroglu and Iyi Party leader Meral Aksener will attend a groundbreaking and project launch ceremony in Ankara (1100 GMT).


IRAQ OIL EXPORTS Iraq's federal government and the Kurdistan Regional Government (KRG) have ironed out technical issues essential to resuming northern oil exports from the Turkish port of Ceyhan to international markets, four sources told Reuters on Monday.


GRAIN DEAL Inspections of ships moving grains from Ukraine have restarted after a pause which threatened to shut down the Black Sea shipping corridor, the RIA news agency cited the Russian foreign ministry as saying on Tuesday.


F-16 JETS U.S. President Joe Biden's administration notified Congress on Monday of the planned sale to Turkey of avionics software upgrades for its current fleet of F-16 fighter aircraft, a deal valued at up to $259 million.


EARTHQUAKE ZONE Turkish Finance Minister Nureddin Nebati and Agriculture Minister Vahit Kirisci will visit earthquake-hit Kahramanmaras and hold a news conference about the rebuilding efforts in the area (1000 GMT).


TREASURY AUCTIONS Turkey's treasury will tap a five-year fixed coupon bond and a 10-year CPI-indexed bond in auction (1100 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 Ezgi Erkoyun)

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