Turkey - Factors to Watch on Oct 20

By Reuters News

ANKARA, Oct 20 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Tuesday.

The lira traded at 49.5775 against the U.S. dollar at 0127 GMT, after closing at 49.5525 on Monday.

The BIST 100 index closed 2.49% lower at 11,430.14 points on Monday.

GLOBAL MARKETS

Asian stocks retreated broadly on Tuesday while oil rose as geopolitical risks rattled sentiment ahead of key results from AI bellwether companies.

ERDOGAN

President Tayyip Erdogan will chair his AK Party’s Central Decision and Executive Board meeting (1100 GMT).

BELGIUM-TURKEY TALKS

Foreign Minister Hakan Fidan will visit Brussels along with Interior Minister Mustafa Ciftci and Justice Minister Akin Gurlek for talks with their Belgian counterparts focused on security, migration and judicial cooperation, in the latest sign of increased engagement between the two NATO allies.

TRADE MINISTER

Trade Minister Omer Bolat will attend a consumer awards event in Ankara (0700 GMT).

ENERGY MINISTER

Energy Minister Alparslan Bayraktar will attend a ceremony to mark the opening of the academic year at Ankara University (0700 GMT).

PARLIAMENT

Parliament's General Assembly will discuss a bill governing the liquidation of investment funds (1200 GMT).

DEBT STOCK DATA TRDEBT=ECI

The Turkish Treasury will announce September central government debt stock (1430 GMT).

CAPITAL MARKETS REGULATOR CHIEF

The head of Turkey's capital markets regulator, Mahmut Sutcu, resigned citing health problems, while deputy treasury and finance minister Osman Celik has asked to retire, the state-run Anadolu news agency reported on Monday, amid recent fund crisis.

Sutcu was removed from office, according to a presidential decision published on Official Gazette on Tuesday. Head of Public Oversight, Accounting and Auditing Standards Authority Omer Gonul, who was the former head of capital markets regulator, was also removed from office, Official Gazette showed on Tuesday.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.