Czech Republic - Factors To Watch on Aug 1

...Republic: GMT + 2 hours) 
 
 ======================== ECONOMIC DATA ======================== 
 
    MANUFACTURING PMI: Purchasing Managers' Index (PMI) for July 
is due out at 0730. 
    BUDGET: End-July central state government budget balance 
 is due for release sometime after 1200. No consensus 
forecast is available. 
    Related news: [RTRS-LEN-CZ-ECI] 
    Real-time economic data releases.................... 
 
 -------------------- RELEASED INDICATORS ---------------------- 
    MONEY SUPPLY: Money supply, as measured by the M2 indicator 
, grew by 11.2 percent year-on-year at the end of 
June, after a 12.1 percent rise the previous month. 
    Table: [nL31308633] Related news: [RTRS-LEN-CZ-CEN-ECI] 
 
    Previous stories on Czech data............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts......... 
    Updates on Czech currency............................[CZK/] 
 
 ========================== TOP STORY ========================== 
    ERSTE BANK : Erste Bank der 
oesterreichischen Sparkassen  was upbeat about profit 
hopes at its Romanian unit after posting a 25 percent rise in 
second-quarter earnings, but weak Czech results held back 
shares. 
    Story: [nL31173001] Related news: [RTRS-LEN-CZ-ERST.VI] 
 
 =========================== EVENTS ============================ 
    UNIPETROL : Chief Executive Francois Vleugelse 
speaks on restructuring of petrochemical assets at 0900. 
    Related news: [RTRS-LEN-CZ-CETV.O] 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    SHARES IN ZENTIVA : KBC Securities/Patria Finance 
has lowered its target price for shares of Zentiva  
by 14.5 percent to 1,337 crowns following the Czech drugmaker's 
lower-than-expected profit forecast. 
    Story: [nL31147619] Related news: [RTRS-LEN-CZ-ZNTVsp.PR] 
    Recommendations on Czech blue chip stocks:  
     
    CORPORATE PROFITS: Profits at Czech companies with more than 
100 employees are likely to rise to a record high of 350-360 
billion crowns ($17.1-$17.6 billion) this year from last year's 
317 billion, according to analysts' estimates based on first 
half corporate profit numbers. 
    Hospodarske Noviny, page 13 
 
 
 (Reuters has not verified any of the newspaper reports that may 
be quoted above and does not vouch for their accuracy.) 
 
 
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 For summary of economic data and forecasts           
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[PRAGUE/Reuters/Finance.cz]