Turkey - Factors to Watch on Oct 19

By Reuters News

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

The lira was quoted at 49.5345-49.5525 against the U.S. dollar at 0409 GMT, after closing at 49.5275 on Friday.

The BIST 100 index closed 2.89% lower at 11,721.72 points on Friday.

GLOBAL MARKETS

Asian share markets slipped on Monday as unease over AI's enormous funding needs undermined confidence ahead of a week packed with earnings, while Chinese economic data pipped forecasts in a positive for world growth.

U.S.-RUSSIA DIESEL DEAL

Turkey will take some of the diesel Russia is supplying to global markets under its agreement with US President Donald Trump, Energy Minister Alparslan Bayraktar said on Sunday. Bayraktar said the US-Russia diesel supply deal was important in terms of energy security for Turkey. Ankara relies on Russia for some of its energy needs, as well as on Iran, Azerbaijan and others. It is trying to diversify through deals with the US and other partners.

ECONOMIC COORDINATION BOARD

Vice President Cevdet Yilmaz will chair a meeting of the Economic Coordination Board at the presidential palace. (0630 GMT)

MAIN OPPOSITION PARTY

New Party Chairman Ozgur Ozel will meet the co-chairs of the pro-Kurdish DEM Party, Tulay Hatimogullari Oruc and Tuncer Bakirhan. (0930 GMT) He will later chair a meeting of his party's central executive board. (1200 GMT)

INDUSTRY MINISTER

Industry and Technology Minister Mehmet Fatih Kacir will attend a groundbreaking ceremony for a data centre in Ankara. (0900 GMT)

TRANSPORT MINISTER

Transport and Infrastructure Minister Abdulkadir Uraloglu will attend a conference on changing global transport geopolitics and the development road project. (0700 GMT)

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