PRAGUE, Aug 12 (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=========================
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 - Power utility CEZ <> supervisory board
holds meeting.
Related news: []
=========================TOP NEWS===============================
S&P UPGRADES KOMERCNI OUTLOOK: We have revised our outlook
on the 'A' long-term foreign currency sovereign credit rating on
Czech Republic to positive from stable.
Story: [] Related news: []
GOVT APPROVES BUDGET PLAN: The Czech government approved on
Wednesday a 2011 budget framework with a lower deficit than in
2010 and reduced spending, a day after winning a mandate in
parliament to carry out fiscal tightening plans.
Story: [] Related news: []
JUNE C/A IN LINE: The Czech current account showed a 15.01
billion crown ($796.7 million) deficit in June, broadly in line
with market expectations, due to dividends being repatriated by
foreign investors in Czech firms.
Story: [] Related news: []
STATS OFFICE CUTS HARVEST ESTIMATE: The Czech Republic's
grain harvest this year is estimated at 6.38 million tonnes,
lower by 3.0 percent than what was expected in June, the Czech
Statistics Bureau (CSU) said on Wednesday, in its second crop
estimate this season.
Story: [] Related news: []
Factbox: []
CEE FX DOWN: Central European currencies fell on Wednesday,
tracking declining equity indices around the globe as concerns
over the U.S. growth outlook dented the appetite for riskier
assets.
[] Related news: []
CZECH POWER PRICES STABLE: Czech day-ahead power prices
firmed on Wednesday due to low wind capacity and
lower-than-expected nuclear availability in the region, traders
said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
Czech Equities <> 1173,6 1173,6 -1,57 5,04
vs Euro <EURCZK=> 24,775 24,795 0,08 5,86
vs Dollar <CZK=> 19,201 19,223 0,11 -4,48
U.S. Equities <> 10378,83 10644,25 -2,49 -0,47
Pvs close or current levels vs prior domestic close at 1500 GMT
=========================PRESS DIGEST==========================
PENSION FUNDS: Pension funds earned 2.3 billion crowns
($120.8 million) in the first half of the year, a jump from last
year's first half when they earned 1.02 billion.
Hospodarske Noviny, page 16
CEZ BOARD: Former Industry Minister Martin Riman will become
the chairman of CEZ <CEZPssp.PR> supervisory board.
E15, page3
MUTUAL FUNDS OUTFLOW: Assets in Czech mutual funds fell 2.3
percent in the second quarter from the first three months of the
year to 243.9 billion, Czech capital market association said.
Hospodarske Noviny, page 23
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
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