off-the-wire

Turkey - Factors to Watch on April 19

Kitco Media
By Reuters
Published:
Updated:
Reuters
ANKARA, April 19 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Wednesday. The lira stood at 19.4000 against the dollar at 0418 GMT, weakening from its close of 19.3900 on Tuesday. The main BIST 100 share index closed 0.80% lower at 5,018.70 points on Tuesday.


GLOBAL MARKETS Stocks eased on Wednesday, while the dollar was under a little pressure, as traders shifted focus from U.S. banking stress to expectations for an imminent peak in the Federal Reserve's interest rate cycle.


ERDOGAN Turkish President Tayyip Erdogan will hold an election rally in the western province of Denizli (1400 GMT).


CONSUMER CONFIDENCE The Turkish Statistical Institute will release consumer confidence data for April (0700 GMT).


CENBANK SURVEY Turkey's central bank will release its monthly survey on market participants' expectations for the economy (0700 GMT).


INTEREST RATES Interest rates in Turkey are rising amid expectations that government policies will become more orthodox no matter who wins May 14 elections, and after a regulatory change to make holding Turkish lira more attractive to counter FX demand, bankers said.


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 Ali Kucukgocmen)

+905319306206; Reuters Messaging: Reuters Messaging: ali.kucukgocmen.thomsonreuters.com@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.