Turkey - Factors to Watch on Nov 11

ISTANBUL, Nov 11 (Reuters) - Here are press reports, news and events that could affect Turkish financial markets on Wednesday.

The lira IYIX= was trading at 1.4740 against the dollar in early trade, compared with a close of 1.4730 on Tuesday. The yield on the Aug. 3, 2011 benchmark bond <0#TRTSYSUM=IS> fell to 8.60 percent from the previous day's 8.65 percent. The main share index rose 0.75 percent to 48,135.09.

GLOBAL MARKETS

Asian stocks rose for a fourth day on Wednesday as reports showed Chinese factory output jumped to a 19-month high in October, while the ailing U.S. dollar hovered near a 15-month low. Oil CLc1 edged above $79 a barrel, after dipping a day earlier, as signs of robust economic growth in China offset mildly bearish U.S. industry data showing surprise increases in crude and distillate stockpiles. [ID:nSP500566]

CURRENT ACCOUNT TRCURA=ECI

Turkey's current account posted a deficit of $869 million in September, steeper than expected, but down 8.7 percent on the year due to a fall in imports. Once the country's economic weak spot and a major government headache, Turkey's current account deficit in the nine months to the end-September fell to $8.64 billion -- 76 percent down on the same period a year earlier. [ID:nLA670266]