ISTANBUL, June 12 (Reuters) – Here are news, reports and events that may affect Turkish financial markets on Monday.
The lira stood at 3.5371 against the U.S. dollar at 0447 GMT, easing from 3.5345 at Thursday’s close.
The yield on the benchmark 10-year bond was at 10.49 percent in spot trade on Friday and was at the same level in Monday-dated trade.
The main BIST 100 share index rose 0.99 percent to 98,942.87 points on Friday.
Asian stocks fell on Monday, with electronics heavyweights such as Samsung Electronics knocked lower by a slide in U.S. tech shares and caution ahead of this week’s U.S. Federal Reserve policy meeting. Technology stocks sold off sharply on Wall Street on Friday on concerns about Apple‘s AAPL.O new iPhones and a cautious Goldman Sachs report about the stocks, prompting heavy profit taking after an extended rally.
The Turkish Statistics Institute will release gross domestic product data for the first quarter (0700 GMT). In a Reuters poll, GDP was forecast to grow 4 percent year-on-year in the first quarter, with GDP growth seen at 3.5 percent in 2017 as a whole.
The Central Bank is set to release current account data for April (0700 GMT).
President Tayyip Erdogan will hold a Ramadan fast-breaking dinner for artists and sports people (1745 GMT).
CENTRAL BANK SURVEY
The Central Bank will announce the results of its monthly survey of business leaders and economists for June (1130 GMT).
The Treasury will issue a new 14-month zero coupon bond maturing on Aug. 8, 2018. It will also tap a five-year fixed coupon bond maturing on March 2, 2022 and a six-year CPI-indexed bond maturing on Nov. 8, 2023.
TUSIAD, WORLD BANK REPORT
The TUSIAD business association and the World Bank will unveil a report on 2017 global economic expectations (0630 GMT).
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Istanbul National-100 stock index, interbank lira trading, lira bond trading (Writing by Daren Butler)