Turkey - Factors To Watch on July 2
ISTANBUL, July 2 (Reuters) -Here are news, reports and events that may affect Turkish financial markets on Tuesday.
The lira TRYTOM=D3 was quoted at 32.6200-32.7000 against the U.S. dollar at 0400 GMT, after closing at 32.6440 on Monday.
The main BIST 100 share index .XU100 closed 2.86% lower at 10,343.31 points on Monday.
GLOBAL MARKETS
The U.S. dollar hovered near an almost 38-year high to the yen on Tuesday following a surge in Treasury yields as investors contemplated the potential for a second Donald Trump presidency.
CABINET MEETING
President Tayyip Erdogan will chair a meeting of the cabinet of ministers in Ankara. (1300 GMT)
MINISTERIAL CHANGES
Erdogan appointed new health minister and urbanisation ministers after removing the incumbents from their posts, the country's Official Gazette showed on Tuesday.
Kemal Memisoglu became health minister and Murat Kurum was appointed urbanisation minister.
CENTRAL BANK RESERVES
The Turkish central bank's net foreign reserves excluding swaps fell $1 billion last week, bankers said on Tuesday, after rising some $78 billion to $12.5 billion dollars in the three months since March local elections.
PARLIAMENT MEETINGS
The pro-Kurdish DEM Party will hold a parliamentary group meeting. (0945 GMT)
Parliament's general assembly will begin debate on a civil aviation law among bills on the agenda. (1200 GMT)
SOMALIA-ETHIOPIA TALKS
Turkey has begun mediating talks between Somalia and Ethiopia over a port deal Addis Ababa signed with the breakaway region of Somaliland earlier this year, Ankara and four officials familiar with the matter said.
PKK ARRESTS IN IRAQ
Iraq said on Monday it had arrested three people linked to the outlawed Kurdistan Workers Party (PKK) and suspected of planning attacks across the country, including on a key oil export pipeline in the north.
BOMB ATTACKS VERDICT
Ten suspected Islamic State militants were sentenced to life imprisonment on Monday for a second time in a retrial over their role in twin bombings that killed 101 people in Turkey's capital in 2015.
For other related news, double-click on:
Turkish politics TR-POL
Turkish equities TR-E
Turkish money TR-M
Turkish debt TR-D
Turkish hot stocks TR-HOT
Forex news FRX
All emerging market news EMRG
All Turkish news TR
For real-time quotes, double click on:
Istanbul National-100 stock index .XU100, interbank lira trading IYIX=, lira bond trading 0#TRTSYSUM=IS
(Compiled by Daren Butler)
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