Categories: India

Turkey – Factors to watch on Oct 17

ISTANBUL, Oct 17 (Reuters) – Here are news, reports and events that may affect Turkish financial markets on Friday. The lira traded at 41.9090-41.9440 against the U.S. dollar at 0417 GMT, compared to Thursday's close of 41.8375. The main BIST 100 share index closed 0.90% lower on Thursday at 10,370.78 points. GLOBAL MARKETS Asian shares tracked Wall Street lower, bonds extended gains and gold hit a fresh record on Friday, with signs of credit stress at U.S. regional banks putting investors on edge. ERDOGAN SCHEDULE President Tayyip Erdogan will make a speech at the 5th Turkey-Africa Business and Economic Forum in Istanbul. (1130 GMT) Transport Minister Abdulkadir Uraloglu and Industry Minister Mehmet Fatih Kacir will also speak at the forum. (0700 GMT) VICE PRESIDENT Vice President Cevdet Yilmaz will meet Albanian President Bajram Begaj in Tirana and attend the opening ceremony of the Albania-Turkey Investment Forum 2025. CENTRAL BANK SURVEY The Central Bank will publish its October market participants survey. (0700 GMT) 5G TENDER Turkey's 5G spectrum tender drew a total of $2.95 billion in winning bids on Thursday, with the country's major operators Turkcell, Vodafone and Turk Telekom securing key blocks across the 700 MHz and 3.5 GHz frequency ranges. RUSSIAN OIL IMPORTS Turkey is set to maintain its imports of Russian Urals crude oil in October at around 280,000 barrels per day (bpd), unchanged from September, according to LSEG shipping data and market sources. GERMAN FOREIGN MINISTER Foreign Minister Hakan Fidan will meet his German counterpart Johann Wadephul and they will hold a joint press conference. (1200 GMT) MAIN OPPOSITION PARTY Ozgur Ozel, leader of the main opposition Republican People's Party (CHP), will attend the congress of the European Socialist Party. (Compiled by Daren Butler)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

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