Turkey - Factors to Watch on Dec 6



ISTANBUL, Dec 6 (Reuters) - Here are news, reports and events that may affect Turkish financial markets on Tuesday.

The lira TRYTOM=D3 traded at 18.6380 early on Tuesday after closing at 18.6400 on Monday.

The main BIST 100 share index .XU100 closed 0.10% lower at 4,957.77 points on Monday.

GLOBAL MARKETS

Asian stocks retreated from three-month highs and the dollar held on to gains following strong U.S. data that again suggested the Federal Reserve might stick longer with aggressive interest rate increases. While investors remained hopeful of China's economy improving with the easing of the country's zero-COVID policy, analysts said markets had already priced in a lot of the upbeat news.

BOND AUCTIONS

The Treasury will tap a five-year fixed coupon bond and a seven-year floating rate note (0900 GMT).

REAL EFFECTIVE EXCHANGE RATE

The central bank will announce the real effective exchange rate for November (1130 GMT).

FOREIGN MINISTER

Foreign Minister Mevlut Cavusoglu meets his Romanian counterpart Bogdan Aurescu and they hold a joint news conference (0845 GMT).

OIL TANKERS

Oil tankers formed a traffic jam off the coast of Turkey on day one of the West's price cap on Russian crude, with Ankara insisting on new proof of insurance for all vessels, the Financial Times reported on Monday.

MAIN OPPOSITION

Kemal Kilicdaroglu, head of the main opposition Republican People's Party (CHP), chairs a meeting of the party's central executive committee (1100 GMT).

DEFENCE MINISTER

Defence Minister Hulusi Akar and Turkish military commanders observe a joint Turkish-Azeri military exercise in Baku.

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 TR

For real-time quotes, double click on:

Istanbul National-100 stock index .XU100 , interbank lira trading IYIX= , lira bond trading 0#TRTSYSUM=IS (Compiled by Daren Butler)

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