Turkey - Factors to Watch on Oct 27

By Reuters News

- Here are news, reports and events that may affect Turkish financial markets on Tuesday.

The lira was quoted at 49.7850-49.7875 against the U.S. dollar at 0400 GMT, after closing at 49.7625 on Monday.

The BIST 100 index closed 0.31% higher at 11,151.96 points on Monday.

GLOBAL MARKETS

Asian stocks surged on Tuesday as AI bellwether Anthropic's eagerly anticipated IPO filing lifted risk appetite ahead of tech earnings that will be a test for the AI trade, and central bank meetings that will influence near-term interest rates.

ERDOGAN SCHEDULE

President Tayyip Erdogan will chair a meeting of the cyber security board at the presidential palace. (1230 GMT)

MECCA PACT BILL

Parliament's foreign affairs committee will deliberate on the bill regarding the ratification of the Mecca Agreement for Joint Defence between Turkey, Pakistan and Saudi Arabia. (0800 GMT)

ERDOGAN ON LIBYA MARITIME DEAL

President Erdogan said on Monday that reactions from the European Union and others to the approval of a maritime agreement between Turkey and Libya had no legitimate basis, defending Ankara's policy in the eastern Mediterranean.

UNEMPLOYMENT DATA TRUR=ECI

The Turkish Statistical Institute will release unemployment data for September. (0700 GMT)

BUDGET IN PARLIAMENT

Vice President Cevdet Yilmaz participates in discussions on the 2027 central government budget in parliament's planning and budget committee. (0700 GMT)

ENERGY SUMMIT

Minister of Energy and Natural Resources Alparslan Bayraktar attends the Turkey Energy Summit in Istanbul. (0830 GMT)

ENVIRONMENT MINISTER

COP31 President and Environment Minister Murat Kurum attends a panel on Turkey's climate diplomacy. (0700 GMT)

MAIN OPPOSITION PARTY

New Party Chairman Ozgur Ozel attends a meeting of the party's provincial leaders (0830 GMT) and a meeting of its central executive board (1200 GMT)

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.