Czech Republic - Factors To Watch on Sept 9

                                
 PRAGUE, Sept 9 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Tuesday.
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)
======================== ECONOMIC DATA ========================
                                
 Real-time economic data releases....................<ECONCZ>
                                
 Previous stories on Czech data.............[CZ-RTRS-LEN-ECI]
                                
 Overview of economic data and forecasts..........<CZ/ECON15>
                                
 Updates on Czech currency.............................[CZK/]
                                
 
===========================EVENTS==============================
                                
 PRAGUE - Conference "Asia-Pacific Security Challenges:
Implications for Europe and the Atlantic Alliance" with, the
Czech Republic's ambassador-at-large for energy security Vaclav
Bartuska, and former President Vaclav Havel.
                                
 Related news: [RTRS-LEN-CZ-DIP]

========================= TOP NEWS ============================
                                
 TANAKA: OPEC SHOULD KEEP OUTPUT: The Organisation of the
Petroleum Exporting Countries (OPEC) should keep oil output
flat, the head of the International Energy Agency (IEA) said on
Monday.
                                
 Story: [ID:nL8711537] Related news: [RTRS-LEN-CZ-OIL]
                                
 
                                
 C.BANK SAYS CPI COULD RISE: The Czech central bank said on
Monday annual inflation could accelerate in September from
better-than-expected August levels but it would retreat back to
the bank's target of 3 percent, +/- 1 percentage point, in 2009.
                                
 Story: [ID:nPRA002114] Related news: [RTRS-LEN-CZ-CEN]
                                
 
                                
 CZECH MONTHLY CPI FALLS: Czech consumer prices fell on a
monthly basis in August, data showed on Monday, starting an
expected deep inflationary retreat that analysts said could lead
to looser monetary policy by early 2009.
                                
 Story: [ID:nL8630452] Related news: [RTRS-LEN-CZ-CEN]
                                
 
                                
 JOBLESS RATE FLAT: The Czech unemployment rate was flat at
5.3 percent of the workforce in August, the Labour Ministry said
on Monday in data released under EU-harmonised methodology.
                                
 Story: [ID:nPRA002112] Related news: [RTRS-LEN-CZ-ECI]
                                
 
---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,427.9  1,374.5   +3.89        -21.33
 vs Euro     <EURCZK=>  24.940   24.935   -0.02         +6.26
 vs Dollar      <CZK=>  17.648   17.541   -0.67         +2.89
 U.S. Equities  <.DJI>  11,511   11,221   +2.58        -13.22
 Pvs close or current levels vs prior domestic close at 1500

====================== PRESS DIGEST=========================== 
                                
 ORCO CUTS PRICES: Orco Property Group <ORCOsp.PR> is cutting
prices of flats in Poland by 5 percent to boost sales.
                                
 Mlada fronta Dnes, page B1
                                
 
                                
 SKODA DEVELOPING CHEAP CAR: Volkswagen's <VOWG.DE> Czech
unit Skoda Auto is developing a low-cost model for the Indian
market.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 SWISS FIRM DEMANDS CZK 80 BLN: Swiss company SPB Consortium
is suing the state for 80 billion crowns ($4.63 billion) in
damage with regard to the collapse of bank IPB in 2000.
                                
 Mlada fronta Dnes, page B1
 
                                
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
                                
 
                                
 For Instant Views of key economic data click on
                                
[CZ/INSTANT]
 For summary of economic data and forecasts          <CZ/ECON01>
 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         <G7TODAY>

 For real-time stock market index quotes click in brackets:
 Warsaw WIG20 <.WIG20>  Budapest BUX <.BUX>  Prague PX <.PX>

                                
 News editor of the day: Jan Lopatka on +420 224 190 474;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
 (Compiled by Jana Mlcochova)