PRAGUE, Jan 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 + 1 hour)
=========================ECONOMIC DATA=========================
November retail sales 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 - 10-year government bond auction <CZ1002471=>.
Related news: []
PRAGUE - November retail sales due at 0800 GMT.
Related news: []
LUXEMBOURG - Developer Orco Property Group <>
<ORCO.PA> holds general meetings for holders of bonds maturing
in 2010 (1230 GMT) and in 2014 (1330 GMT).
Related news: []
PRAGUE - President Vaclav Klaus meets Social Democrat chief
Jiri Paroubek to discuss when to hold elections due sometime in
May and other issues, including the fiscal deficit. PM Jan
Fischer meets TOP09 chief Karel Schwarzenberg to discuss bills
in the lower house that would raise the fiscal gap.
Related news: []
=========================TOP NEWS===============================
CEE MARKETS: Central European assets weakened on Tuesday as
China's measure to cut liquidity of local banks erased some of
the optimism sparked by Monday's Polish eurobond issue and an
improved outlook in Romania.
Story: [] Related news: []
CZECH TRADE IDEA: Danske Bank recommended betting on a
slower-than-expected fall in Hungarian rates by opening a
two-year swap position receiving Czech crown or Swedish krona
and paying Hungarian forint interest rate swaps.
Story: [] Related news: []
LESS GAS STORAGE: The Czech Republic's dominant gas supplier
RWE Transgas said on Tuesday it will offer 50 million cubic
metres of additional storage capacity in 2010 rather than a
planed 420 million cubic metres due to regulatory hurdles.
Story: [] Related news: []
CLIMATE CHALLENGE: A small pacific island state's challenge
to a Czech coal-fired power plant extension some 6,000 km away
on grounds it could harm its environment could open a new front
in the fight over global climate change.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change
close on day
Czech Equities <> 1176.6 1176.6 -0.51
vs Euro <EURCZK=> 26.193 26.187 -0.02
vs Dollar <CZK=> 18.077 18.024 -0.29
U.S. Equities <> 10627.26 10663.99 -0.34
Pvs close or current levels vs prior domestic close at 1600
============================PRESS DIGEST========================
PENSION DEFICIT: The pension account, which is part of the
state budget, will show a deficit of around 20-30 billion this
year, similar to last year, Finance Minister Eduard Janota said.
IRANIAN OIL TEST: Unipetrol <> refinery Ceska
Rafinerska determined in a test that Iranian Light crude could
be used to replace Russian oil in the refinery without
technological changes.
Hospodarske Noviny, page 19
CLOTHES MAKER IN DEBT TALKS: Clothes maker OP Prostejov is
in talks with major Czech banks to write off half of its 1.2
billion crown debt.
E15, page 1
FDI DROP: Inflow of foreign direct investments dropped by 60
percent to 56.5 billion crowns last year, according to a study
by the Industry and Trade Ministry.
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
