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Turkey - Factors to Watch on Dec 7


Reuters Last Updated at 07-12-2018 11:04:38 IST
Here are news, reports and events that may affect Turkish financial markets on Friday.

The lira stood at 5.33 against the dollar at 0534 GMT, from Thursday's close of 5.3301.

The yield on the benchmark 10-year bond stood at 16.57 percent on Thursday.

The main BIST 100 share index rose 0.15 percent on Thursday to 92,827.29 points.

GLOBAL MARKETS

Asian shares fought to sustain the slimmest of recoveries on Friday amid speculation the Federal Reserve might be "one-and-done" with U.S. rate hikes, while oil fell anew as producers bickered over the details of an output cut.

HALKBANK CASE

The New York prosecutor's office has withdrawn an appeal to extend the sentence of a former executive at Turkey's state-owned lender Halkbank, the Turkish state-run Anadolu news agency said on Friday.

KANAL ISTANBUL PROJECT

Turkey will hold a tender for the construction of a 45-km shipping canal running parallel to the Bosphorus, President Tayyip Erdogan said on Thursday, despite a government freeze on new investments as it reins in spending.

SYRIA TALKS

Turkish and U.S. officials will hold talks in Ankara on the developments in Syria as part of a joint workgroup.

FOREIGN MINISTER

Foreign Minister Mevlut Cavusoglu will take part in the 25th meeting of the OSCE Ministerial Council in Milan.

TRADE MINISTER

Trade Minister Ruhsar Pekcan will attend a roundtable interview with the state-run Anadolu news agency (0730 GMT).

VICE PRESIDENT

Vice President Fuat Oktay will attend the opening ceremony of the Efficiency and Technology Fair in Ankara (0700 GMT).

CASH BALANCE

The Turkish treasury will release cash balance data for November (1430 GMT).

For other related news, double click on:

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For real-time quotes, double click on:

Istanbul National-100 stock index, interbank lira trading, lira bond trading

(Compiled by Tuvan Gumrukcu)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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