PRAGUE, April 7 (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=========================
March foreign exchange reserves data at 0800 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 - 39-week T-bill auction.
Related news: []
PRAGUE - Czech Prime Minister petr Necas to meet his Israeli
counterpart Benjamin Netanyahu. News conference at 1650 GMT.
Related news: []
============================TOP NEWS===========================
JANACEK SEES ENOUGH FACTORS FOR MAY HIKE: There are enough
factors to vote for a rise in Czech interest rates at the
central bank's May meeting, board member Kamil Janacek said on
Wednesday.
Story: [] Related news: []
GOVT APPROVES OUTLINE OF PENSION REFORM: The Czech Republic
may reach pre-crisis GDP level roughly at the end of this year,
central bank Governor Miroslav Singer said on Tuesday in a
presentation released on the bank's website.
Story: [] Related news: []
FEB OUTPUT, TRADE BELOW FCAST: Czech industrial output rose
by 13.0 percent versus a year earlier in February, below
expectations of a 13.7 percent rise after revised 16.4 percent
growth in the previous month, the statistics bureau said on
Wednesday.
Story: [] Related news: []
HIGH DEMAND AT CZECH BOND AUCTION: Demand for the Czech
benchmark 2017 bond jumped at an auction on Wednesday as
investors took advantage of lower prices despite growing
expectations of an interest rate rise
Story: [] Related news: []
CAR REGISTRATIONS RISE: The main Czech car dealers'
association said on Wednesday it expects a faster rise in 2011
car sales after posting a 6.8 percent increase in new passenger
car registrations in the first quarter.
Story: [] Related news: []
CEZ ACCELERATES SALES: Czech power group CEZ <> has
"hugely" accelerated electricity sales following Germany's
decision to suspend a number of nuclear plants, the utility's
Chief Executive Martin Roman said on Wednesday.
Story: [] Related news: []
CEE MARKETS: The Polish zloty rose close to a one-month high
on Wednesday, outshining other central European currencies
following hawkish comments by the central bank's governor.
Story: [] Related news: []
CEE POWER: Czech day-ahead power prices traded lower on
Wednesday on warmer and windier weather, while baseload
electricity for 2012 delivery was stable, traders said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2011
vs Euro <EURCZK=> 24.399 24.421 0.09 2.4
vs Dollar <CZK=> 17.046 17.021 -0.15 8.69
Czech Equities <> 1,275.4 1,275.4 0.92 4.13
U.S. Equities <> 12,426.75 12,393.9 0.27 7.34
Pvs close or current levels vs prior domestic close at 1500 GMT
==========================PRESS DIGEST=========================
INVESTORS NOT HAPPY IN CZECH REPUBLIC: A survey by the
German Chamber of Commerce showed that roughly 30 percent of
German investors in the Czech Republic would not repeat their
investment in the country if they were to do it again. The main
reasons include an irresponsible attitude in paying liabilities
and bad legal protection.
Hospodarske Noviny, page 16
FORTUNA TARGETTING THE LOTTERY BUSINESS: Betting company
Fortuna <FOREsp.PR> plans to invest hundreds of millions of
crowns in to an ad campaign in the autumn to promote its new
lottery business, Fortuna's lottery department chief Martin
Illner said.
Mlada Fronta Dnes, page 12A
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
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TOP NEWS -- Convergence watch []
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