PRAGUE, Sept 9 (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 + 2 hours) =========================ECONOMIC DATA=========================
August inflation data 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 - Czech central bank governing board to hold a regular weekly meeting. It is not scheduled to discuss monetary policy issues.
Related news: [
]
PRAGUE - Penta Investments to hold a news conference on rebranding and its plans (0800 GMT).
Related news: [
]
PRAGUE - 39-week T-bill auction.
Related news: [
]
LONDON - ECM Real Estate Investments <
> to hold meeting of the bondholders of the company at 0900 GMT.Related news: [
] ===========================TOP NEWS============================DEMAND FOR CZECH DEBT REMAINS STRONG: The Czech Finance Ministry sold 5.95 billion crowns ($306.7 million) in three-year bonds on Wednesday, paying lower yields on strong demand after wrapping up its 2010 borrowing needs this week.
Story: [
] Related news: [ ]First round: [
]Second round: [
]
JANACEK SOFTENS HAWKISH STANCE: Czech interest rates are set appropriately at this moment and there is no a need to tighten policy now, central banker Kamil Janacek was quoted as saying on Wednesday, softening his earlier hawkish stance.
Story: [
] Related news: [ ]
CBANK SAYS HOUSEHOLD CONSUMPTION SURPRISING: Czech second quarter economic growth was higher than forecast due to a "surprising" rise in domestic consumption, the central bank said on Wednesday.
Story: [
] Related news: [ ]
CEE OUTPUT: Industrial output growth slowed in July in Hungary, Romania and Slovakia, adding to concerns that an expected slowdown in the euro zone could dent recovery in some of the EU's export-reliant emerging economies.
Story: [
] Related news: [ ]
CZECHS UNHAPPY ABOUT BUDGET CUTS: Most Czechs see their new centre-right government's planned budget cuts as too harsh, an opinion poll showed on Wednesday, but the prime minister was quoted as saying they must go ahead despite their unpopularity.
Story: [
] Related news: [ ]Q2 GDP STRONGER THAN FLASH ESTIMATE: The Czech statistics bureau raised its preliminary estimate for second quarter gross domestic product growth by 0.1 percentage point to 0.9 percent qauarter-on-quarter on Wednesday.
Story: [
] Related news: [ ]
CEE POWER: Czech day ahead power prices rose slightly on Wednesday on lower wind generation in the region and cooler weather forecast, traders said.
Story: [
] Related news: [ ]CEE MARKETS: Hungarian bond yields rose 15-20 basis points across the curve on Wednesday as global risk aversion intensified and pressure grew on the government over budget performance and a clash with the central bank.
Story: [
] Related news: [ ]=========================PRESS DIGEST==========================
IPOs: Agriculture Minister Ivan Fuksa said it was possible to consider floating a small stake in forestry company Lesy CR as well as some 5-7 percent in brewery Budvar.
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: 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