Czech Republic - Factors To Watch on June 6

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FOREIGN TRADE

April foreign trade balance is due for release at 9 a.m. (0700 GMT). Investors will watch the data for clues about the strength of exports and imports growth in the economy, sailing ahead at a 6 percent annual clip.

Real-time economic indicators.....................

Previous stories on Czech data............[CZ-RTRS-LEN-ECI]

Overview of economic data and forecasts.........

CROWN ON BACK FOOT

The crown slipped to more than 3-month lows against the euro on Tuesday, weighed down by expectations of a renewed widening of the yawning yield gap versus Europe's single currency and a rise in profit outflows.

Story: [nL05281311]

- For updates on Czech currency moves click on [CZK/].

FISCAL REFORMS

Lawmakers will probably propose an amendment to the Czech government's fiscal reform package after the controversial bill's expected approval in an initial parliamentary vote due to take place on Wednesday.

Story: [nL05856425]

Related news: [RTRS-LEN-CZ-GVD-POL]

UNIONS WANT TO PROTEST

The Czech-Moravian Confederation of Trade Unions (CMKOS), the umbrella trade union body, has called a union demonstration to protest the government's public finance reform for June 23 in Prague, writes the daily Lidove Noviny.

BOND AUCTION

A fresh tranche re-opening the 10-year government bond at an auction to be conducted by the central bank.

Auction details and results:

Related news: [RTRS-LEN-CZ-GVD-ISU]

BUSH IN PRAGUE

U.S. President George W. Bush sought to calm Russia's Vladimir Putin over plans for a U.S. missile defence shield in Eastern Europe, saying on a one-day visit to Prague on the eve of a big-power summit that Russia had nothing to fear.

Story: [nN04484843]

Related news: [RTRS-LEN-CZ-US-DIP]

For Instant Views of key economic data click on [CZ/INSTANT] For summary of economic data and forecasts 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

For real-time stock market index quotes click in brackets: Warsaw WIG20 Budapest BUX Prague PX

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