Czech Republic - Factors To Watch on July 4

...ALL TIMES GMT (Czech Republic: GMT + 2 hours) 
 
 ======================== ECONOMIC DATA ======================== 
 
    * No economic data are due out on Wednesday. Next scheduled 
release is the May foreign trade balance on July 9 . 
 
    Real-time economic data releases................... 
    Previous stories on Czech data............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts......... 
 
 ========================= TOP STORY =========================== 
 
    BLUE-CHIP STOCKS HIT RECORD PEAK 
    Shares in power utility CEZ  gained nearly 4 
percent to make an all-time high for the second consecutive 
session on Tuesday, sending the Prague bourse's main index to a 
record peak. 
    Story: [nL0396916] 
    Related news: [RTRS-LEN-CZ-STX] 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
 
    ENERGY BOURSE TO LAUNCH TRADING 
    The Czech Republic's principal bourse will launch 
electricity trading on July 17 to tap into the liberalised power 
market which has seen big price jumps as energy grows sparse in 
the region. 
    Story: [nL03438920] 
    Related news: [RTRS-LEN-CZ-ELG] 
     
    TEMELIN TO RESTART ON THURSDAY 
    Temelin, the Czech Republic's biggest power station, plans 
to restart its 1,000 megawatt Unit 2 on Thursday after about a 
two-month outage to exchange one quarter of its fuel. 
    Story: [nL03220527] 
    Related news: [RTRS-LEN-CZ-NUC] 
     
    RATES STAY ON HOLD, HIKE IN OFFING 
    The central bank (CNB) left interest rates unchanged on 
Thursday, taking a breather after a quarter of a percentage 
point rise in May to contain budding inflation pressures in the 
strong economy. 
    Governor Zdenek Tuma said the CNB had no reason to "panic" 
and hike at every monthly meeting despite a weaker crown 
currency and robust economic growth. However, he re-affirmed 
market views that credit costs would head higher in the coming 
months. 
    Related story: [ID:nL28398864] 
    HIGHLIGHTS of Tuma's comments: [ID:nL28546436] 
    Profiles of CNB board members: [ID:nL28883806] 
    Board members recent remarks on policy: [ID:nL28700042] 
    Related news: [RTRS-LEN-CZ-INT] 
    FACTBOX on east European rate-setting meetings: [nL22203868] 
     
 
 (Reuters has not verified any of the newspaper reports that may 
be quoted above and does not vouch for their accuracy.) 
 
 
 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  
 
    News editor of the day: Jan Lopatka on +420 224 190 477; 
fax: +420 224 229 935 
    E-mail: prague.newsroom@reuters.com 
    Reuters Messaging: jan.lopatka.reuters.com@reuters.net 
 
  
 ($1=21.15 Czech Crown) 
  Keywords: CZECH FACTORS/