PRAGUE, Dec 17 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Thursday.
ALL TIMES GMT (Czech Republic: GMT + 1 hour)
=========================ECONOMIC DATA=========================
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies.............................[]
============================TOP NEWS============================
C.BANK DELIVERS SURPRISE CUT: The Czech central bank
surprised markets on Wednesday by cutting interest rates to a
new record low, showing concern of protracted economic weakness
despite sings of slightly higher price pressures.
Story: [] Related news: []
C.BANK HIGHLIGHTS: The Czech central bank surprised markets
on Wednesday with a 25 basis point cut in its main interest rate
to a new record low.
Story: [] Related news: []
C.BANK INSTANT VIEW: The Czech central bank surprised
markets by delivering a 25 basis point cut on Wednesday, against
expectations in a Reuters poll of analysts but not a big
surprise for interest rate markets which had priced in a greater
chance of a cut.
Story: [] Related news: []
CEZ: Czech power group CEZ <> said late on
Wednesday it had received 100 million euros from a 2-year bond
with a coupon 50 basis points above 3-month Euribor.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2009
Czech Equities <> 1114,5 1114,5 1,6 29,86
vs Euro <EURCZK=> 26,312 26,19 -0,47 1,65
vs Dollar <CZK=> 18,25 18,048 -1,12 4,52
U.S. Equities <> 10441,12 10452 -0,1 18,97
Pvs close or current levels vs prior domestic close at 1600
==========================PRESS DIGEST========================
BUDGET: The leading rightist party Civic Democrats (ODS) is
pressing the government to cut public sector wages as a way of
mitigating the steep rise in the 2010 budget deficit. It said it
would otherwise remove its ministers from the technocrat
government. ODS allowed for the approval of the 2010 budget in
parliament last week by not taking part in the vote.
Hospodarske Noviny, page 1
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
For Instant Views of key economic data click on []
For summary of economic data and forecasts <CZ/ECON01>
For diary of forthcoming Czech events []
For calendar of east European economic indicators []
TOP NEWS -- Emerging markets []
TOP NEWS -- Convergence watch []
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:
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E-mail: prague.newsroom@reuters.com
(Compiled by Jana Mlcochova)
