
Turkey - Factors To Watch on March 3
Here are news, reports and events that may affect Turkish financial markets on Monday.The lira was quoted at 36.5000-36.5380 against the U.S. dollar at 0429 GMT, after closing at 36.5310 on Friday.The main BIST 100 share index closed 0.85% lower at 9,658.72 points on Friday.GLOBAL MARKETSAsian share markets made guarded gains on Monday as investors waited anxiously to see if imminent tariffs would go ahead, while bitcoin surged on news it would be included in a new U.S. strategic reserve of cryptocurrencies.INFLATION (TRCPI=ECI)The Turkish Statistical Institute will announce inflation data for February. (0700 GMT) In a Reuters poll, the monthly consumer price inflation rate was expected to dip to 2.85%, with the annual rate seen falling to 39.90%.ERDOGAN SCHEDULE President Tayyip Erdogan will chair a meeting of his AK Party's central executive committee. (1230 GMT) Erdogan will then host a Ramadan fast-breaking dinner with ambassadors. (1549 GMT) BDDK DATAThe BDDK banking watchdog will release banking sector data for January. (1100 GMT)PMI INDEX (TRPMIM=ECI) The Istanbul Chamber of Industry will release the February manufacturing industry purchasing managers index (PMI) data compiled by S&P Global. (0700 GMT) PKK CEASEFIRE The outlawed Kurdistan Workers Party (PKK) militant group declared an immediate ceasefire on Saturday, a news agency close to it said, heeding jailed leader Abdullah Ocalan's disarmament call, in a major step toward ending a 40-year insurgency.CENTRAL BANKTurkey's central bank said on Saturday it adjusted the loan growth-based reserve requirement practice and the monthly growth limit for foreign currency loans has been reduced from 1% to 0.5%.TURKISH-BRITISH TALKSTurkish and British officials will discuss Syria's future during a meeting in Ankara on Monday, with security, sanctions and economic development on the agenda, a Turkish foreign ministry source said on Sunday.IRAQ-TURKEY PIPELINETurkey wants an Iraq-Turkey oil pipeline to operate at maximum capacity once it resumes flows through Turkey's Ceyhan, Turkish Energy Minister Alparslan Bayraktar was quoted as saying by the state-owned Anadolu news agency on Sunday.ZORLU CEO RESIGNSTurkey's Zorlu Holding said late on Saturday its chief executive Cem Koksal had resigned, after authorities launched a probe into an email exchange for allegedly limiting freedom of belief over the celebration of the Muslim holy month of Ramadan.MAIN OPPOSITION PARTYOzgur Ozel, leader of the main opposition Republican People's Party (CHP), will chair a meeting of the party's central executive committee. (0800 GMT)For other related news, double-click on:Turkish politics (TR-POL)Turkish equities (TR-E)Turkish money (TR-M)Turkish debt (TR-D)Turkish hot stocks (TR-HOT)Forex news (FRX)All emerging market news (EMRG)All Turkish news For real-time quotes, double click on:Istanbul National-100 stock index , interbank lira trading (IYIX=), lira bond trading (0#TRTSYSUM=IS)