Turkey — Factors to Watch on Oct 16

ISTANBUL, Oct 16 (Reuters) — Here are news, reports and events that may affect Turkish financial markets on Friday. The lira was quoted at 49.5200-49.5275 against the U.S. dollar at 0414 GMT, after closing at 49.5400 on Thursday. The BIST 100 index closed 0.40% lower at 12,070.17 points on Thursday. Global Markets Asian stocks rebounded on Friday following heavy selling in the previous session when investors dumped tech shares as questions about cloud company CoreWeave's debt pile fuelled worries about the financing driving the AI boom. Erdogan Schedule President Tayyip Erdogan makes a speech at the Turkish exporters association's (TIM) Innovation Week programme in which he is likely to focus on economic developments. (1130 GMT) He will then hold a meeting with Cambodian Prime Minister Hun Manet, which is likely to focus on bilateral relations and economic cooperation. (1300 GMT) Msci Freezes Certain Turkey Index Changes MSCI on Thursday froze certain changes to its Turkey equity indexes, saying it needed more time to assess market reforms and warning of a potential downgrade if sufficient progress was not made by mid-2027. Central Bank Survey The Central Bank will release its Octo