PRAGUE, June 15 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Tuesday.
ALL TIMES GMT (Czech Republic: GMT + 2 hours)
=========================ECONOMIC DATA=========================
May producer prices and April foreign trade prices data at
0700 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 - Finance Ministry to detail Q1 government debt
figures.
Related news []
HAARLEMMERMEER, Netherlands - Used car dealer AAA Auto
<> to hold an annual shareholders' meeting.
Related news []
LUXEMBOURG - Artificial textile maker Pegas Nonwovens
<> to hold an annual shareholders' meeting.
Related news []
HAMILTON, Bermuda - Television group Central European Media
Enterprises <CETV.O> <> to hold an annual shareholders'
meeting.
Related news []
==========================TOP NEWS============================
LEADERS PLEDGE NEW CABINET BY MID JULY: Czech party leaders
agreed on Monday to reach a coalition deal by early July and
form a government by mid-July to kick off preparations for the
2011 budget.
Story: [] Related news []
STOCK, FX MARKETS UP: Central European assets continued to
recover on Monday after a plunge early this month but a smaller
than hoped-for sale of Romanianian 6-month Treasury bills
indicated that debt concerns have not dissipated fully.
Story: [] Related news []
POWER FUTURES UP: Czech power futures gained on Monday in
light trading, driven higher by a potential tax on nuclear power
in neighboring Germany and following oil higher, traders said.
Story: [] Related news []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
Czech Equities <> 1153,3 1153,3 0,68 3,22
vs Euro <EURCZK=> 25,598 25,567 -0,12 2,74
vs Dollar <CZK=> 21,003 20,846 -0,75 -14,29
U.S. Equities <> 10190,89 10211,07 -0,2 -2,27
Pvs close or current levels vs prior domestic close at 1500 GMT
==========================PRESS DIGEST==========================
REAL ESTATE TO DECLINE IN VALUE: Property prices are should
ldrop by 10-15 percent due to a rising unemployment and budget
cuts, the Institute for Regional Information said. The
price-to-rent ratio shows yields are too low and Czech
properties are overvalued, according to the Czech central bank
financial stability study.
Hospodarske Noviny, page 15
EXPORTS PLUNGE: The top fifty Czech exporters saw their
exports drop by 16 percent year on year in 2009, to 640 billion
crowns ($30.35 billion). Volkswagen's Skoda Auto <VOWG.DE> was
the leader with exports totalling 166.5 billion crowns, followed
by IT and electronics producer Foxconn CZ <2038.HK> whose
exports equalled 82.9 billion.
Hospodarske Noviny, page 19
INTEREST RATES: Czech central bank board member Eva
Zamrazilova said interest rates could rise at the end of this
year if the economy recovers faster then assumed by the bank.
Hospodarske Noviny, page 23
EURO ENTRY: The number of people who wish the Czech Republic
would adopt the euro fell to 54.2 percent from 63.8 percent in
February, a poll by agency Median showed. The number of those
who completely reject to adopt the euro increased to 32.7
percent from 22.4 percent. Only 9 percent of people want a fast
adoption of the euro
Lidove Noviny, page 1
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
(Compiled by Jana Mlcochova)
E-mail: prague.newsroom@reuters.com