PRAGUE, Oct 13 (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 current account balance 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 - President Vaclav Klaus to meet Czech central bank
Governor Miroslav Singer at 0700 GMT.
Related news: []
PRAGUE - The Czech cabinet to hold a session (0700 GMT)
(www.vlada.cz/en/default.htm). News conference to follow.
Related news: []
PRAGUE - Labour unions (CMKOS) to hold a news conference at
0930 GMT.
Related news: []
==========================MORNING NEWS========================
CEZ TO DELAY TEMELIN EXPANSION: Czech power group CEZ
<> is to delay planned construction of new units at its
Temelin nuclear power plant, daily Hospodarske Noviny reported,
quoting Industry and Trade Minister Martin Kocourek.
Story: [] Related news: []
==========================TOP NEWS==========================
JANACEK ON RATES AT REUTERS SUMMIT: Czech interest rates may
rise sooner than the bank's current forecast implies if data
show a faster-than-expected, export-driven recovery, Czech
central bank board member Kamil Janacek said on Tuesday.
Story: [] Related news: []
GOV SINGER ON CZK: Czech central bank chief Miroslav Singer
said on Tuesday the foreign trade data do not suggest that the
Czech crown exchange rate would be unsustainable.
Story: [] Related news: []
PM EYES CO2 SALE TO FUND SOLAR COSTS: Czech Prime Minister
Petr Necas proposed measures on Tuesday that include the sale of
some 45 billion crowns ($2.54 billion) in carbon credits meant
for firms to cap power price hikes due to generous solar
subsidies.
Story: [] Related news: []
CEZ CALLS EGM: Czech power group CEZ <> on Tuesday
called an extraordinary general meeting for November 22 to
confirm newly elected supervisory board and audit committee
members as well as approve their contracts.
Story: [] Related news: []
TRADE UNIONS ON STRIKE ALERT: Czech Prime Minister Petr
Necas on Tuesday proposed selling up 45 billion crowns in carbon
credits between 2013 and 2020 instead of granting them to
businesses to ease power price hikes due to solar subsidies.
Story: [] Related news: []
HARVEST ESTIMATE: The Czech Statistics Bureau (CSU) kept its
estimate for Czech Republic's grain harvest broadly unchanged in
September, it said on Tuesday.
Story: [] Related news: []
CEE MARKETS: Hungarian bonds pared minor losses on Tuesday
after Budapest pledged extra efforts to stick to its budget
goals, while the Czech crown inched higher as central bankers
signalled little concern about its strength.
Story: [] Related news: []
CEE POWER: Czech power prices rose slightly on Tuesday on
lack of wind generation and on fears that a major strike in
France could threaten power supply in the region, traders said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
vs Euro <EURCZK=> 24.486 24.506 0.08 6.96
vs Dollar <CZK=> 17.547 17.715 0.95 4.52
Czech Equities <> 1,140 1,140 -1 2.03
U.S. Equities <> 11,020.4 11,010.34 0.09 5.68
Pvs close or current levels vs prior domestic close at 1500 GMT
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: Jana Mlcochova on +420 224 190 474;
fax: +420 224 229 935
E-mail: prague.newsroom@reuters.com
