Czech Republic - Factors To Watch on Nov 2

...GMT + 1 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    FOREIGN TRADE: September foreign trade data are due out at 
0800. Analysts polled by Reuters forecast an 8 billion crown 
surplus for the month. 
    Real-time economic data releases.................... 
 
 -------------------- RELEASED INDICATORS ---------------------- 
    BUDGET: The central state budget showed a 27.2 billion 
crowns ($1.45 billion) surplus for the first ten months of the 
year after posting a 9.12 billion crown deficit in October 
alone. 
    Instant View: [nL01898948] Table: [nPRA001582] 
     
    PMI: The Purchasing Manager's Index (PMI) eased to 54.6 in 
October from September's peak of 55.8, pointing to the slowest 
overall expansion of the manufacturing economy in 12 months. 
    Instant View: [nL01366373] Table: [nPRA001580] 
 
    Previous stories on Czech data.............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts.......... 
 
 ========================== TOP STORY ========================== 
    CZECH VICE-PM TO QUIT: Czech Deputy Prime Minister Jiri 
Cunek, facing investigation over corruption allegations, 
announced his resignation from government, but the ruling 
three-party coalition remained intact. 
    Story: [nL01653357] Related news: [RTRS-LEN-CZ-POL] 
 
 =========================== EVENTS ============================ 
    C.BANK MINUTES: The central bank (CNB) releases minutes from 
its October 25 governing board meeting at 0800. Policymakers 
left interest rates unchanged for the second month running at 
that meeting. 
    Related news: [RTRS-LEN-CZ-CEN] 
     
    EURO ADOPTION CONFERENCE: Conference "Euro adoption in the 
Czech Republic" with Prime Minister Mirek Topolanek, Industry 
and Trade Minister Martin Riman, central bank Governor Zdenek 
Tuma and the government's chief euro adoption coordinator 
Oldrich Dedek. News conference with Chamber of Commerce 
President Jaromir Drabek at 1030. 
    Related news: [RTRS-LEN-CZ-FRX] 
     
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 Czech Equities   1,925.5  1,908.3   +0.90        +21.18 
 vs Euro       26.990   26.995   +0.02         +1.89 
 vs Dollar        18.651   18.686   +0.28        +11.73 
 U.S. Equities    13,568   13,930   -2.60         +8.86 
 Pvs close or current levels vs prior domestic close at 1500 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    CME EARNINGS: Television broadcaster Central European Media 
Enterprises said demand for advertising in the run-up to 
Ukraine's general election helped lift third-quarter net revenue 
to a higher-than-forecast $174.8 million. 
    Story: [nL01337416] Related news: [RTRS-LEN-CZ-CETV.O] 
     
    DELAYED TIGHTENING: Strengthening currencies gave monetary 
authorities in central Europe room to hold off on interest rate 
hikes in October, but the tightening cycle will soon resume as 
inflationary pressures persist. 
    Story: [nL01331809] Related news: [RTRS-LEN-CZ-PLCY] 
     
    CEZ IN TURKEY: Power firm CEZ  has entered 
exclusive talks with Turkey's Akenerji  to jointly 
enter the Turkish market. 
    Story: [nL01551734] Related news: [CEZPsp.PR] 
 
 ======================= PRESS DIGEST ========================== 
    DIGITAL BROADCASTING: Senate, the upper house of parliament, 
gave unanimous approval to an amendment allowing new digital TV 
stations to launch broadcasting next year. 
    Mlada fronta Dnes, page B3 
     
 
 
 For Instant Views of key economic data click on    [CZ/INSTANT] 
 For summary of economic data and forecasts           
 For diary of forthcoming Czech events                [CZ/DIARY] 
 For calendar of east European economic indicators  [CONV/DIARY] 
 TOP NEWS -- Emerging markets                         [TOP/EMRG] 
 TOP NEWS -- Convergence watch                        [TOP/EAST] 
 
 For an economic indicator diary for the euro zone, the United 
 States and other Group of Seven countries see          
 
 For real-time stock market index quotes click in brackets: 
 Warsaw WIG20   Budapest BUX   Prague PX  
 
    News editor of the day: Jan Lopatka on +420 224 190 477; 
fax: +420 224 229 935 
    E-mail: prague.newsroom@reuters.com 
    Reuters Messaging: jan.lopatka.reuters.com@reuters.net 
 
 

[PRAGUE/Reuters/Finance.cz]