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 Wednesday.
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)

=========================ECONOMIC DATA=========================
                                
 August foreign trade 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 - Ceska Sporitelna <ERSTsp.PR>, a unit of Erste Bank
<ERST.VI>, to hold an extraordinary shareholders' meeting.
                                
Related news: [RTRS-LEN-CZ-BNK]
                                
 
==========================TOP NEWS============================
                                
 SINGER ON POLICY: The Czech central bank will likely return
to discussing tools to ease monetary policy when its board meets
on Nov. 5, central bank Vice Governor Miroslav Singer said on
Tuesday.
                                
 Story: [ID:nL6352407] Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 POWER: GDF Suez hopes to launch cash-settled products based
on underlying contracts on the Prague-based power exchange in
the next three to six months, a move that could help boost
liquidity on the nascent bourse, according to the company's head
of European border markets. 
                                
 Story: [ID:nL6299586] Related news: [RTRS-LEN-CZ-ELG]
                                
 
                                
 CAR SALE: The  fall in Czech car sales deepened to almost 14
percent in the first nine months of the year, the country's Car
Importers Association said on Tuesday.
                                
 Story: [ID:nL6526644] Related news: [RTRS-LEN-CZ-AUT]
                                
 
                                
 JOB CUTS: Czech truckmaker Tatra will let go 530 staff this
month and shorten its workweek from November due to falling
orders, a spokesman said on Tuesday.
                                
 Story: [ID:nL6526644] Related news: [RTRS-LEN-CZ-JOB]
                                
 
                                
 BIDEN: Vice President Joe Biden will visit Poland, Romania
and the Czech Republic this month, the White House said on
Tuesday, amid fresh concerns over the U.S. commitment to eastern
Europe's defence.
                                
 Story: [ID:nL7518014] Related news: [RTRS-LEN-CZ-DIP]
                                
 
                                
 CEE MARKETS: The Polish zloty made the most of improved
global risk appetite on Tuesday, outperforming regional peers as
concerns that a large dividend payment would flood the market
with the currency disappeared.
                                
 Story: [ID:nL5136827] Related news: [RTRS-LEN-CZ-FRX]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities <.PX>   1144,2   1144,2    1,83       33,33
vs Euro   <EURCZK=>    25,624    25,635    0,04        4,22
vs Dollar    <CZK=>    17,429    17,412   -0,1         8,82
 U.S. Equities <.DJI>  9731,25   9599,75   1,37       10,88
 Pvs close or current levels vs prior domestic close at 1600

==========================PRESS DIGEST========================
                                
 KOMERCNI BANKA: Komercni Banka <BKOMsp.PR> new chief
executive Henri Bonnet said the Czech interbank market improved
in the beginning of summer and he expects the favourable
conditions to last in 2010. Third quarter results will be in
line with the bank's expectations, he said. Komercni sees next
year's gross domestic product to grow above 1 percent.
                                
 E15, page 1
                                
 
                                
 CSA: The Finance Ministry had reportedly started probe into
the possibility Brussels would allow the Czech state to provide
aid to the loss-making state-owned air carrier Czech Airlines,
which faces severe cash-flow problems.
                                
 E15, page 1
                                
 
                                
 CABINET: Prime Minister Jan Fischer is considering
reshuffling his caretaker cabinet. He may present his ideas to
party leaders on Friday.
                                
 Pravo, 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    [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
 (Compiled by Jana Mlcochova)