Czech Republic - Factors To Watch on Oct 7

                                
 PRAGUE, Oct 7 (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=========================
                                
 August foreign trade data at 0700 GMT.
                                
 August retail sales data at 0700 GMT.
                                
 August industrial and construction data at 0700 GMT.
                                
 September foreign exchange reserves data at 0800 GMT.
                                
 Real-time economic data releases....................<ECONCZ>
                                
 Previous stories on Czech data.............[CZ-RTRS-LEN-ECI]
                                
 Overview of economic data and forecasts..........<CZ/ECON15>
                                
 Updates on CEE currencies............................[CEE/]
                                
 
============================EVENTS=============================
                                
 PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
                                
 Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 PRAGUE - Czech Industry and Trade Ministry holdS a news
conference on OECD's audit of Czech energy policy audit, with
Industry Minister Martin Kocourek and IEA's Nobuo Tanaka (0920
GMT).
                                
 Related news: [RTRS-LEN-CZ-ENR]
 ===========================TOP NEWS============================
                                
  CZECHS SELL 5YR BOND, YLD CREEPS UP: The Czech Finance
Ministry sold 4.25 billion crowns ($240.2 million) worth of
5-year domestic bonds on Wednesday, extending a string of
successful debt offerings underpinned by budget reduction plans
and rising portfolio flows to emerging market assets.
                                
 Story: [ID:nLDE69511B] Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 CAR REGISTRATIONS EDGE UP: Passenger cars and light utility
vehicles newly registered in the Czech Republic edged up by 0.4
percent year on year in the first nine months, the Car
Importers' Association said on Wednesday, pointing to a
persistently weak demand.
                                
 Story: [ID:nLDE6951HV] Related news: [RTRS-LEN-CZ-AUT]
                                
 
                                
 CEE MARKETS: Central European assets were mixed on Wednesday
as the forint retreated from key technical levels, but the leu
rose after Romania's top court backed a reform bill vital to
keeping an IMF aid deal on track.
                                
 Story: [ID:nLDE6950FX] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEE POWER: Cooler autumn weather continued to support Czech
spot power and front month contracts on Wednesday while Cal '11
baseload fell slightly, traders said.
                                
 Story: [ID:nLDE6951V8] Related news: [RTRS-LEN-CZ-DRV]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                
                                 close    on day     in 2010
 vs Euro    <EURCZK=>     24,458     24,432    -0,11       7,07
 vs Dollar     <CZK=>     17,564     17,588    0,14      4,42
 Czech Equities <.PX>  1,143,1    1,143,1       1,2       2,31
 U.S. Equities <.DJI> 10,967,65  10,944,72     0,21      5,17
 Pvs close or current levels vs prior domestic close at 1500 GMT

 =========================PRESS DIGEST==========================
                                
 SOLAR POWER BOOM PROBLEM: The opposition Social Democrats
propose a 50 percent tax on income from each kilowatt hour
produced from solar power plants as of Jan 1, 2011 to mitigate
an expected jump in power prices caused by a higher solar power
subsidy. Finance Minister Miroslav Kalousek said he did not
support the idea which he said was a non-systematic tool. He
said the income from such a tax would not get to the state
coffers sooner than in 2012 and thus would not help to fend off
the price hike. He said the government's steps, including ending
support from large resources built on open spaces, cancellation
of tax holidays and imposition of compulsory write-offs, was a
better solution.
                                
 Hospodarske Noviny, page 19
                                
 
                                
 SKODA WITHDRAWS CARS FROM CHINA: Volkswagen's <VOWG.DE>
Czech unit Skoda Auto pulled back 24,000 of its cars from China
due to a software error.
                                
 Hospodarske Noviny, page 20
                                
 
                                
 Reuters has not verified the media reports, nor does it
vouch for their accuracy.

                                
 For Instant Views of key economic data click on
                                
[CZ/INSTANT]
 For summary of economic data and forecasts          <CZ/ECON01>
 For diary of forthcoming Czech events                [CZ/DIARY]
 For calendar of east European economic indicators  [CONV/DIARY]
 TOP NEWS -- Emerging markets                         [TOP/EMRG]
 TOP NEWS -- Convergence watch                        [TOP/EAST]

 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 <.WIG20>  Budapest BUX <.BUX>  Prague PX <.PX>

                                
 News editor of the day: Jan Lopatka on +420 224 190 474;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com