XM does not provide services to residents of the United States of America.

Turkey - Factors To Watch on Oct 7



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Turkey - Factors To Watch on Oct 7</title></head><body>

ISTANBUL, Oct 7 (Reuters) -Here are news, reports and events that may affect Turkish financial markets on Monday.

The lira TRYTOM=D3 traded at 34.2725 against the U.S. dollar at 0321 GMT, weakening slightly from a close of 34.2700 on Friday.

The main BIST 100 share index .XU100 closed 2.37% higher at 9,109.34 points on Friday.


GLOBAL MARKETS

Asian stocks rallied and the dollar reached a fresh seven-week peak on the yen on Monday after blowout U.S. labour data dispelled fears of a recession and spurred a sharp paring of rate-cut bets.


ERDOGAN MEETING

President Tayyip Erdogan will chair a meeting of the central executive board of his ruling AK Party. (1100 GMT)


ECONOMIC COORDINATION

Vice President Cevdet Yilmaz will chair a meeting of the Economic Coordination Board, which will discuss structural measures envisaged in the medium-term programme. (0700 GMT)


TREASURY AUCTIONS

The Ministry of Treasury and Finance will tap four-year TLREF-indexed government bonds due Sept. 6, 2028. It will also directly sell gold-backed lease certificate due Oct. 7, 2026.


TREASURY CASH BALANCE TRCASH=ECI

The Treasury will publish its September cash balance data. (1430 GMT)


LEBANESE FOREIGN MINISTER

Turkish Foreign Minister Hakan Fidan and Lebanese Prime Minister Najib Mikati discussed the latest developments and humanitarian situation in Lebanon in a phone call on Sunday, Turkey's foreign ministry said in a statement.


WHEAT IMPORT BAN

Turkey's flour mills are seeking a relaxation of the country's ban on wheat imports, the mills' association said on Friday.


TRANSPORT MINISTER

Minister of Transport Abdulkadir Uraloglu will hold a press conference at Tuzla International Airport in Bosnia.


MAIN OPPOSITION

Ozgur Ozel, leader of the main opposition CHP, will chair a meeting of the party's central executive board in the southern province of Hatay. (0700 GMT)


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)

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.