Turkey - Factors to Watch on Oct 13

By Reuters News

ISTANBUL, Oct 13 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Tuesday.

The lira traded at 49.3675 against the U.S. dollar at 0409 GMT, after closing at 49.3325 on Monday.

The BIST 100 index closed 0.94% lower at 12,150.67 points on Monday.

GLOBAL MARKETS

Asian stocks fell sharply on Tuesday as investors fretted about the durability of the rally in AI shares and increased competition while a widening conflict in the Middle East soured risk sentiment ahead of the tone-setting US earnings season.

ERDOGAN SCHEDULE

President Tayyip Erdogan will attend credential presentation ceremonies for the ambassadors of India, Mali, the Netherlands, El Salvador and Nigeria (1115 GMT).

PARLIAMENT

Turkish Parliament Speaker Numan Kurtulmus will meet with Parliamentary Assembly of the Council of Europe President Petra Bayr (0900 GMT). The parliamentary group meetings of the nationalist MHP, pro-Kurdish DEM Party and opposition CHP will be held.


C/A BALANCE

The central bank (TCMB) will release August balance of payments statistics (0700 GMT).


STARLINK

Two Turkish citizens have been detained in Germany in connection with a fire at a Starlink station in Poland, the Polish Interior Minister Marcin Kierwinski said on Monday.


MECCA PACT

Turkey will send the Mecca Joint Defence Agreement, a defence pact between Pakistan, Saudi Arabia and Turkey, to parliament to be ratified in the coming days, President Tayyip Erdogan said on Monday.

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