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Turkey - Factors to Watch on Oct 23

By Reuters News

ISTANBUL, Oct 23 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Friday.

The lira traded at 49.7370 against the U.S. dollar at 0333 GMT, after closing at 49.6280 on Thursday.

The BIST 100 index closed 3.08% lower at 11,220.37 points on Thursday.

GLOBAL MARKETS

Asian shares fell on Friday as concerns over the enormous funding needs of AI hammered tech and led to the biggest daily rally in Treasuries in more than three years, with investors fleeing to sovereign bonds and safe-haven currencies.

TURKEY HOSTS FOREIGN MINISTERS

Turkish Foreign Minister Hakan Fidan hosts his counterparts from Egypt, Pakistan, Saudi Arabia, Britain, France and Germany in Istanbul on Friday for talks on regional conflicts. The seven countries will meet in this format for the first time, at Turkey's initiative, as wars involving Iran, Yemen and Ukraine threaten shipping routes and regional security

CARNEY VISIT

Canadian Prime Minister Mark Carney visits Istanbul on the second leg of what is the first bilateral visit to NATO ally Turkey by a Canadian leader, aimed at bolstering ties in areas including energy and mining, climate, and defence and security.

TRADE MINISTER

Minister of Trade Omer Bolat attends a signing ceremony for a cooperation agreement between Turk Eximbank and Export Development Canada (EDC) (0530 GMT) and meets with Slovak Deputy Prime Minister Denisa Sakova.

VICE PRESIDENT IN HUNGARY

Vice President Cevdet Yilmaz meets Hungarian Prime Minister Peter Magyar in Budapest.

ENERGY MINISTER

Energy Minister Alparslan Bayraktar attends the Verona Eurasian Economic Forum. (0800 GMT)

INDUSTRY MINISTER

Minister of Industry and Technology Mehmet Fatih Kacir will attend the GO Global Türkiye 2026 Summit. (0630 GMT)

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