Czech Republic - Factors To Watch on Oct 11

...Republic: GMT + 2 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    No economic data are due for release until September 
producer prices and August industrial and construction output 
numbers on Friday. 
    Real-time economic data releases.................... 
    Previous stories on Czech data.............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts.......... 
    Updates on Czech currency.............................[CZK/] 
 
 ========================== TOP STORY ========================== 
    WAGE INFLATION CONCERNS: Inflation pressures in the Czech 
economy would threaten to rise if trade unions demand more than 
8 percent wage growth for next year, central bank policy-maker 
Vladimir Tomsik was quoted as saying in a newspaper interview. 
    Story: [nL10373969] Related news: [RTRS-LEN-CZ-CEN-PLCY] 
 
 =========================== EVENTS ============================ 
    C.BANK MEETING: Central bank governing board holds a regular 
weekly meeting. It is not scheduled to discuss monetary policy 
issues. It does not normally publish a statement following 
weekly non-policy gatherings. 
    Related news: [RTRS-LEN-CZ-CEN] 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 Czech Equities   1,881.0  1,883.4   -0.13        +18.38 
 vs Euro       27.530   27.485   -0.16         -0.11 
 vs Dollar        19.363   19.398   +0.09         +7.42 
 U.S. Equities    14,079   14,165   -0.61        +12.96 
 Pvs close or current levels vs prior domestic close at 1500 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    CROWN SEEN FLAT NEAR-TERM: The crown is expected to hold 
near 27.50 per euro  within three months, a Reuters 
poll showed, suggesting scant upside room for the currency after 
its rally to record highs last month. 
    Story: [nL10718706] Regular monthly forex polls: [CZK/POLL] 
    Table with poll results: [ID:L10390159] 
     
    EUROBOND NOT ON AGENDA: The Finance Ministry is not 
considering a eurobond issue right now due to poor conditions in 
the credit markets, Deputy Minister Eduard Janota said. 
    Story: [nL10400729] Related news: [RTRS-LEN-CZ-EUB] 
    LOWER BUDGET DEFICIT: The central state budget will show a 
deficit of around 81 billion crowns ($4.16 billion) this year, 
below the planned 91.3 billion crown shortfall, Finance Minister 
Miroslav Kalousek said. 
    Story: [nPRG000533] Related news: [RTRS-LEN-CZ-GVD] 
     
    GAZPROM IN CZECH DEAL: Russia's gas export monopoly Gazprom 
 signed a long term gas delivery deal with its Czech 
arm, Vemex, saying the contract became possible after the Czech 
Republic liberalised its market from the start of 2007. 
    Story: [nL11132587] Related news: [RTRS-LEN-CZ-GAZP.MM] 
     
    GOLDMAN UPS CEZ: Goldman Sachs has raised its target price 
on electricity producer CEZ  to 1,100 crowns per 
share from 1,030 crowns, while maintaining a 'neutral' rating on 
the stock. 
    Story: [nL10624300] 
    Recommendations on Czech blue chip stocks:  
 
 ======================= PRESS DIGEST ========================== 
    PM MAY VETO CANDIDATE FOR MINISTER: Prime Minister Mirek 
Topolanek has indicated he may not approve the proposal by the 
Green Party, his smaller coalition partner, to appoint Dusan 
Luzny as Education Minister after resignation of Dana Kuchtova. 
    Lidove Noviny, page 2 
 
 
 (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] 
 
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 States and other Group of Seven countries see          
 
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 Warsaw WIG20   Budapest BUX   Prague PX  
 
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  Keywords: CZECH FACTORS/ 
    

[PRAGUE/Reuters/Finance.cz]