PRAGUE, April 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=========================
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 - Car Importers' Association (SDA) to hold a news conference on first quarter passenger car registrations (1200 GMT).
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PRAGUE - 3-year government bond auction <CZ1002729=>.
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PRAGUE - Czech President Vaclav Klaus to meet Russian President Dmitry Medvedev at 1800 GMT.
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EUROBOND COMING SOON: Situation on the bond markets is positive and the Czech Republic may issue its planned eurobond within the next month, Finance Minister Eduard Janota said on Tuesday.
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OECD MORE OPTIMISTIC ON GLOBAL ECON: The outlook for the global economy has improved, the Organisation for Economic Cooperation and Development (OECD) Secretary-General Angel Gurria said on Tuesday.
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OECD CALLS TO REFORM CZECH BUDGET,PENSIONS: The Czech economy will show modest growth this year and next but the central European country needs a credible fiscal strategy to put public finance on a sustainable path, the Organisation for Economic Cooperation and Development (OECD) said on Tuesday.
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DATA JUST ABOVE FCAST: Czech foreign trade posted a 15.33 billion crown ($815.4 million) surplus in February, marginally higher than analyst forecasts in a Reuters poll, data showed on Tuesday.
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CEE EQUITIES RISE,FI,FX MIXED: Central Europe's equity markets hit their highest levels on Wednesday since the region was hit by the global financial crisis in 2008 amid renewed optimism over the global economy.
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] Related news: [ ]---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010 Czech Equities <
> 1236.1 1236.1 0.71 10.63vs Euro <EURCZK=> 25.2 25.21 0.04 4.25
vs Dollar <CZK=> 18.863 18.834 -0.15 -2.64 U.S. Equities <
> 10969.99 10973.55 -0.03 5.2 Pvs close or current levels vs prior domestic close at 1500 GMT========================PRESS DIGEST============================
RIGHT-WING BUDGET PLEDGE: The right-wing Civic Democrats (ODS) will propose to set up a budget board appointed by the president that would have the right to strike down laws raising the budget deficit above ceiling set in long-term budget plans. The ODS trail the left in polls ahead of an election planned for May.
Lidove noviny, page 1
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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 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 Jan Lopatka)
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