PRAGUE, Sept 20 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Monday.
ALL TIMES GMT (Czech Republic: GMT + 2 hours)
=========================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............................[]
============================EVENTS=============================
PRAGUE - Czech Foreigen Minister Karel Schwarzenberg to meet
his Israeli counterpart Avigdor Lieberman. News conference at
1015 GMT.
Related news: []
PRAGUE - President Vaclav Klaus to meet Prime Minister Petr
Necas and Foreign Minister Karel Schwarzenberg at 1100 GMT.
Related news: []
===========================TOP NEWS============================
CEE MARKETS: Central European currencies dropped for a
second straight session on Thursday, while Polish and Czech
bonds struggled to hold recent gains despite clear signs of
tight supply ahead.
Story: [] Related news: []
RATES SEEN UNCHANGED: All analysts expect the bank to keep
rates flat at record low 0.75 percent on Thursday. Sixteen
analyst groups participated in the survey. All said the next
move would be a quarter point hike.
Story: [] Related news: []
CEE POWER: Czech spot power for the next working day firmed
on Friday, supported by forecasts for considerably less wind in
the region as the spread with Germany disappeared by the end of
the day, traders said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
vs Euro <EURCZK=> 24,687 24,862 0,7 6,2
vs Dollar <CZK=> 18,866 19,468 3,09 -2,66
Czech Equities <> 1,126,9 1,126,9 -1,1 0,86
U.S. Equities <> 10,607,85 10,594,83 0,12 1,72
Pvs close or current levels vs prior domestic close at 1500 GMT
=========================PRESS DIGEST==========================
MORTGAGE RATES: Mortgage interest rates have fallen to
around 4 percent from 4.82 percent in July and a further decline
is likely as part of banks' fight for clients' wallets. Some
banks charge less than 4 percent for loans higher than 3 million
crowns. Unicredit offers a 3.00 percent rate as part of its
adjustable-rate mortgage loan offer. The decline in rates shows
that banks are convinced an economic recovery is firmly on
track, the paper said.
Hospodarske Noviny, page 23
TAXES: Labour Minister Jaromir Drabek plans to propose that
the cap on social security tax is cut to three time the average
salary from six times, as of 2012. Labour unions estimated this
would cut the budget revenues by 9 billion crowns.
Pravo, page 1,3
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
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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>
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