PRAGUE, Sept 8 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Wednesday.
ALL TIMES GMT (Czech Republic: GMT + 2 hours)
=========================ECONOMIC DATA=========================
August unemployment data at 0700 GMT.
Q2 gross domestic product at 0700 GMT.
Harvest estimate at 0700 GMT.
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies............................[]
===========================EVENTS============================
PRAGUE - The Czech cabinet to hold a session (0700 GMT)
(www.vlada.cz/en/default.htm), state budget draft for 2011 on
schedule. News conference to follow.
Related news: []
PRAGUE - 3-year government bond auction <CZ1002729=>.
Related news: []
===========================TOP NEWS============================
FITCH RATES CZECH EUROBOND A+: Fitch Ratings has assigned
the Czech Republic's 10-year EUR2bn eurobond an 'A+' rating. The
rating is in line with the Czech Republic's Long-term foreign
currency Issuer Default Rating (IDR) of 'A+', which has a
Positive Outlook.
Story: [] Related news: []
CEE MARKETS: Czech longer-term debt yields hit fresh record
lows on Tuesday, helped by strong demand for a Eurobond issue,
while Hungary's forint hit a new all-time low against the Swiss
franc.
Story: [] Related news: []
CEE POWER: Czech day ahead power prices tumbled more than 11
percent on Tuesday due to higher wind generation in the region
while a nationwide strike in France injected uncertainty into
the market, traders said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
vs Euro <EURCZK=> 24,748 24,695 -0,21 5,97
vs Dollar <CZK=> 19,458 19,392 -0,34 -5,88
Czech Equities <> 1,145,6 1,145,6 -1,41 2,53
U.S. Equities <> 10,340,69 10,447,93 -1,03 -0,84
Pvs close or current levels vs prior domestic close at 1500 GMT
=========================PRESS DIGEST==========================
BUDGET CUTS SEEN TOO HARSH: Almost 56 percent of Czechs
consider cuts planned by the centre-right coalition government
too harsh, a Median poll showed. Only 23 percent see them as
commensurate.
Lidove Noviny, page 1
BIG SOLAR PLANT GOING ON LINE: The largest solar power plant
will launch generation on Wednesday. The 35 MW power station is
the ninth largest in the world. The owner of the plant is
unknown.
Hospodarske Noviny, page 20
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:
Warsaw WIG20 <> Budapest BUX <> Prague PX <>
News editor of the day: Jan Lopatka on +420 224 190 474;
fax: +420 224 229 935
E-mail: prague.newsroom@reuters.com
