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Turkey - Factors to Watch on Oct 28

By Reuters News

ANKARA, Oct 28 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Wednesday.

The lira was quoted at 49.8375 against the U.S. dollar at 0417 GMT, after closing at 49.7875 on Tuesday.

The BIST 100 index closed 0.01% lower at 11,151.03 points on Tuesday.

GLOBAL MARKETS

Asia stocks rallied on Wednesday after a resurgence in AI enthusiasm ahead of earnings from industry bellwethers later in the US day, while the dollar was perky ahead of a Federal Reserve policy decision.

ERDOGAN PROGRAMME

President Tayyip Erdogan will host Kazakhstan's President Kassym-Jomart Tokayev in Ankara. (1420 GMT)

DEFENCE MINISTER

Turkish Defence Minister Yasar Guler will attend a Turkey-Bulgaria-Romania trilateral meeting of military chiefs and defence ministers in Sofia.

DEFENCE MINISTRY BRIEFING

Turkey's defence ministry holds its weekly press briefing in Ankara. (0900 GMT)

PARLIAMENT SPEAKER

Parliament Speaker Numan Kurtulmus attends 2027 budget debates in parliament's planning and budget commission. (0700 GMT)

OPPOSITION

Ozgur Ozel, head of the main opposition New Party, will chair a meeting of his party assembly in Ankara. (0700 GMT)

TRADE DATA TRTRD=ECI

The Turkish Statistical Institute will announce trade balance data for September. (0700 GMT)

FENERBAHCE

Ismail Kartal has resigned as Fenerbahce FENER.IS head coach following Monday’s 2-1 defeat at bitter rivals Galatasaray, the club said on Tuesday.

Fenerbahce condemned a brawl that broke out on the pitch after their defeat by Galatasaray in the Turkish Super Lig on Monday, with Galatasaray responding in a statement accusing their rivals of making misleading allegations.

ENERGY

Turkey may reach agreements to make acquisitions or further explore for hydrocarbons by the end of the year as part of its target to produce 1 million barrels of oil and natural gas a day, Energy Minister Alparslan Bayraktar said on Tuesday.

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