Turkey - Factors to Watch on Sept 29

By Reuters News

ISTANBUL, Sept 29 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Tuesday.

The lira was quoted at 48.9965-49.0000 against the U.S. dollar at 0416 GMT, after closing at 48.9825 on Monday.

The BIST 100 index .XU100 closed 2.38% lower at 12,592.76 points on Monday.

GLOBAL MARKETS

Oil prices and bond yields were higher in an uncomfortable combination for Asian equities on Tuesday, as investors braced for an interest rate hike in Australia and an era where short term borrowing costs settle at their highest for years.

ERDOGAN SCHEDULE

President Tayyip Erdogan speaks at a meeting of provincial heads of his ruling AK Party. (1300 GMT)

ERDOGAN ON FUNDS CRISIS

Erdogan said on Monday there were no risks to the Turkish financial system due to a crisis over the liquidation of investment funds, and that the government was working to ensure all necessary steps were taken swiftly, after a senior figure from his ruling party resigned amid an ongoing probe.

Earlier, Turkey lifted asset-freeze orders imposed on 46 companies under an investigation into investment funds, media reported on Monday.

MAIN OPPOSITION LEADER

New Party leader Ozgur Ozel chairs a party meeting regarding the funds crisis. (0700 GMT)

ECONOMIC CONFIDENCE INDEX TRECON=ECI

The Turkish Statistical Institute will announce the economic confidence index for September. (0700 GMT)

BANKING DATA TRNPLR=ECI

The BDDK banking watchdog releases August banking sector data. (1100 GMT)

PARLIAMENT SPEAKER IN PORTUGAL

Parliament Speaker Numan Kurtulmus meets his Portuguese counterpart in Lisbon and attends a signing ceremony.

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