Turkey - Factors to Watch on Oct 30

By Reuters News

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

The lira was quoted at 49.9405-49.9475 against the U.S. dollar at 0423 GMT, after closing at 49.8380 on Thursday.

The BIST 100 index closed 0.13% higher at 11,165.44 points on Wednesday.

GLOBAL MARKETS

Tech shares slumped in Asia on Friday, while the yen rose and bonds surged toward their biggest monthly gain in nearly three years as investors scurried to safety against worries that huge and rising AI spending may not deliver sufficient returns.

TURKIC STATES SUMMIT

Turkish Presıdent Tayyip Erdogan hosts the 13th summit of the leaders of the Organisation of Turkic States in Ankara, with talks expected to focus on energy, trade and transport links across the Middle Corridor, as well as regional security issues. (0740 GMT) Erdogan will hold separate talks with the leaders of Turkmenistan and Kyrgyzstan, as well as with the Azeri foreign minister and the northern Cypriot leader.

TOURISM REVENUES AND FOREIGN ARRIVALS

Minister of Culture and Tourism Mehmet Nuri Ersoy presents 9-month tourism data in Istanbul, (0700 GMT) and the Turkish Tourism Ministry release data on the number of foreigners entering the country. (0800 GMT)

FIDAN AT G20 MEETING

Minister of Foreign Affairs Hakan Fidan will attend the G20 foreign ministers' meeting in the United States.

ECONOMIC CONFIDENCE TRECON=ECI

The Turkish Statistical Institute releases the economic confidence index for October. (0700 GMT)

TRANSPORT MINISTER

Minister of Transport and Infrastructure Abdulkadir Uraloglu will attend the general assembly meeting of the Yol-Is road workers union. (0700 GMT)

AGRICULTURE MINISTER

Minister of Agriculture and Forestry Ibrahim Yumakli attends the opening of the Genomics Testing Center. (1100 GMT)

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