GLOBAL DATA
JAPAN INDUSTRIAL PRODUCTION
MONDAY 4:30AM
The Ministry of Economy, Trade and Industry will announce February industrial production data. Japan’s industrial production increased by 4.2% in January compared to the previous month while decreasing by 5.3% on an annual basis.
PBOC INTEREST RATE DECISION
TUESDAY 1:30AM
The People’s Bank of China (PBOC) will announce its new interest rate decision. The bank kept the one-year loan prime rate (LPR) at 3.85% and the five-year LPR at 4.65% in the previous meeting held in March.
ECB INTEREST RATE DECISION
THURSDAY 11:45AM
The European Central Bank (ECB) will announce its new interest rate decision. The Bank kept the policy rate unchanged at 0% in the previous meeting held in March.
GFK CONSUMER CONFIDENCE
THURSDAY 11PM
The GfK Group will announce the results of the April consumer confidence survey. The monthly consumer confidence index rose to -16 in March from -23 in February.
DOMESTIC DATA
INTERNATIONAL INVESTMENT POSITION
MONDAY 10AM
The Central Bank will announce February international investment position (IIP) data. Defined as the difference between Turkey’s external assets and liabilities, net IIP stood at USD -392.4bn in January, compared to the USD -404.1bn at the end of 2020.
NON-DOMESTIC PPI
TUESDAY 10AM
Turkish Statistical Institute (TurkStat) will announce the March non-domestic production price index (PPI) data. Non-domestic PPI decreased by 2.46% in February compared to the previous month while increasing by 28,27% on an annual basis.
CONSUMER CONFIDENCE INDEX
THURSDAY 10AM
Turkish Statistical Institute (TurkStat) will announce April consumer confidence index data. Consumer confidence increased by .5% to 86.7 in March compared to February.
SECTORAL CONFIDENCE INDICES
FRIDAY 10AM
The Turkish Statistical Institute (TurkStat) will announce April sectoral confidence indices. Sectoral confidence increased by 5.1% and 0.6% in services and retail trade while decreasing by 4% in construction.
ECO-POLITICS
AK PARTY CENTRAL
EXECUTIVE BOARD MEETINGS
Justice and Development Party (AK Party) Central Executive Board members are expected to gather on Monday with the participation of President Recep Tayyip Erdogan. Omer Celik, AK Party Spokesperson, will make a statement following the meeting.
CHP CENTRAL EXECUTIVE
BOARD MEETINGS
The Republican People’s Party (CHP) Central Executive Board members are expected to gather on Monday with the participation of CHP President, Kemal Kilicdaroglu. The board is expected to discuss the summary of proceedings that was submitted to the General Assembly regarding Kilicdaroglu and eight other party members.
GROUP MEETINGS
CHP, Nationalist Movement Party (MHP) and People’s Democratic Party (HDP) group meetings will be held on Tuesday, while the AK Party and IYI Party will gather on Wednesday.
PARLIAMENTARY SESSIONS
The General Assembly will hold a special session on April 23, National Sovereignty and Children’s Day, with th participation of Mustafa Sentop, the Speaker of the General Assembly. President Recep Tayyip Erdogan and cabinet members, as well as political party leaders, are also expected to attend the session.
