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Turkey - Factors to Watch on Nov 10

By Reuters News

ISTANBUL, Nov 10 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Tuesday.

The lira traded at 50.2215-50.2325 against the U.S. dollar at 0411 GMT, after closing at 50.1825 on Monday.

The BIST 100 index closed 2.00% higher at 11,712.67 points on Monday.

GLOBAL MARKETS

Asian stocks rose on Tuesday as a drop in oil prices after US President Donald Trump said he plans to hold off on new military strikes against Iran lifted sentiment ahead of US inflation data that could sway the near-term interest rate outlook.

ERDOGAN SCHEDULE

President Tayyip Erdogan will visit the mausoleum of modern Turkey's founder Mustafa Kemal Ataturk to mark the anniversary of his death (0530 GMT) and will then attend a memorial ceremony for him. (0800 GMT)

WHEAT EXPORT TENDERS

Turkey will hold an export tender for 400,000 tons of milling wheat on November 17 and for 100,000 tons of durum wheat on November 18 following a record wheat harvest this year, the Turkish TMO grain office said on Monday.

CYPRUS LEADERS AGREE NEW CROSSINGS

Greek Cypriot and Turkish Cypriot leaders agreed on Monday to open two new border crossings, coordinate on emergency responses and share archival materials as part of a UN-backed effort to resume peace talks after nearly a decade of deadlock.

TURKCELL TCELL.IS

The mobile phone operator Turkcell said it posted a third-quarter net profit of 6.7 billion lira ($134 million), down from 7.0 billion a year earlier.

RETAILER BIM BIMAS.IS

The retailer BIM said its third-quarter net profit rose to 10.4 billion lira from 6.8 billion a year earlier.

COP31 SUMMIT

Environment Minister and COP31 President Murat Kurum attends a panel titled "From Commitments to Action: The Role of Business and Policy in the Global Climate Agenda" and a meeting of former COP presidents at the COP31 summit in Antalya. (0630 GMT)

TRANSPORT MINISTER

Minister of Transport Abdulkadir Uraloglu will attend several events in Antalya within the scope of COP31, including an airport carbon accreditation awards ceremony. (0700 GMT) He will also participate in a signing ceremony for sustainable aviation fuels, involving Boeing and Turkish Airlines (THY).

ENERGY MINISTER

Energy Minister Alparslan Bayraktar will participate in COP31-related events in Antalya, including an IEA energy ministers' meeting and a high-level event for the IRENA Global Geothermal Alliance. (0800 GMT)

AGRICULTURE MINISTER

Minister of Agriculture Ibrahim Yumakli will attend a roundtable meeting of agriculture ministers in Antalya. (1200 GMT)

BUDGET DEBATE

Parliament's planning and budget committee will debate the 2027 budget of the Youth and Sports Ministry. (0800 GMT)

INDUSTRIAL OUTPUT TRIP=ECI

The Turkish Statistical Institute will announce the industrial production index for September. (0700 GMT)

TREASURY AUCTIONS

The Ministry of Treasury and Finance will tap a fixed-coupon government bond maturing on September 27, 2034 and will issue via the direct sale method sukuks maturing on November 15, 2031.

($1 = 50.1757 liras)

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