Turkey - Factors to Watch on Oct 21

By Reuters News

ANKARA, Oct 21 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Wednesday.

The lira traded at 49.6010 against the U.S. dollar at 0400 GMT, after closing at 49.5775 on Tuesday.

The BIST 100 index closed 3.22% higher at 11,797.70 points on Tuesday.

GLOBAL MARKETS

Asian stocks rose and bonds stabilised at the start of trading on Wednesday following Wall Street's gain as early indications from the corporate earnings season pointed to strong profits for global companies and bolstered investor confidence.

ERDOGAN

President Tayyip Erdogan will address the AK Party parliamentary group meeting. (0900 GMT).

BUDGET TALKS

Vice President Cevdet Yilmaz will present the 2027 Central Government Budget Bill and the 2025 Central Government Final Accounts Bill at the Turkish Parliament's Planning and Budget Commission. (1130 GMT)


FOREIGN MINISTER

Turkey's Foreign Minister Hakan Fidan continues contacts with officials during his visit to Brussels.

TRADE MINISTER

Trade Minister Omer Bolat will attend the World Foundry Congress. (1300 GMT)


ECONOMIC INDICATORS

The central bank (TCMB) will release October manufacturing industry capacity utilisation and real sector confidence index data. (0700 GMT)


CAPITAL MARKETS BOARD

Turkey's Capital Markets Board (CMB) temporarily suspended the capital markets activities of Alnus Yatırım, Bulls Yatırım and Pusula Yatırım effective on Wednesday.

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