Turkey: Turkey – Factors to Watch on June 15

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ISTANBUL, June 15 (Reuters) – Here are news, reports and events that may affect Turkish financial markets on Thursday.

The lira stood at 3.4845 against the U.S. dollar at 0452 GMT, firming from 3.4903 at Wednesday’s close.

The yield on the benchmark 10-year bond was at 10.53 percent in spot trade on Wednesday and was at 10.49 percent in Thursday-dated trade.

The main BIST 100 share index rose 0.34 percent to 99,636.27 points on Wednesday.

GLOBAL MARKETS

U.S. stock futures and Asian shares slid on Thursday, hit by soft U.S. economic data, a relatively hawkish Fed and a media report that U.S. President Donald Trump is being investigated by a special counsel for possible obstruction of justice. The Federal Reserve raised interest rates as expected on Wednesday and gave a first clear outline on its plan to reduce its $4.2-trillion portfolio of bonds.

CENTRAL BANK RATES DECISION

The Turkish Central Bank‘s monetary policy committee will meet and announce its decision on interest rates (1100 GMT). In a Reuters poll, the bank was forecast to keep rates on hold.

UNEMPLOYMENT DATA

The Turkish Statistics Institute will announce unemployment data for the February-April period (0700 GMT).

OPPOSITION PROTEST MARCH

Main opposition CHP party leader Kemal Kilicdaroglu said he would launch a protest march in an Ankara park at 11 am (0800 GMT) against a court decision to sentence a CHP lawmaker to 25 years in prison on spying charges. The participants plan to march to Istanbul

QATAR

Turkish Foreign Minister Mevlut Cavusoglu was visiting Kuwait on Thursday on the second leg of a trip designed to repair Qatar’s rift with fellow Gulf Arab states who broken off ties and imposed sanctions on Qatar.

MAVI SHARES TRADING BEGINS

Shares in fashion retailer Mavi Giyim will begin trading on the Istanbul stock exchange after its initial public offering (IPO) was priced at a bottom-of-the-range 43 lira per share.

ERDOGAN

President Tayyip Erdogan will meet the Tunisian foreign minister (1030 GMT), the speaker of the Iraqi council of representatives (1130 GMT), the head of the MIT national intelligence agency (1230 GMT) and the commander of the armed forces (1330 GMT).

WASHINGTON BRAWL

Two men have been arrested over a brawl in Washington between President Erdogan’s security personnel and protesters, and charges are planned against a dozen guards, police and a media report said on Wednesday.

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Istanbul National-100 stock index, interbank lira trading, lira bond trading (Writing by Daren Butler)



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