Czech Republic - Factors To Watch on Oct 16

...Republic: GMT + 2 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    No economic indicators are due for release until Thursday's 
retail sales data for August . 
    Real-time economic data releases.................... 
 
 -------------------- RELEASED INDICATORS ---------------------- 
    The current account deficit grew well above market forecasts 
to reach a 3-year high in August as strong economic growth 
fuelled record profit repatriation outflows. 
    Story: [nL15311448] 
    Instant View: [nL15228810] Table: [nPRA001550] 
    Previous stories on Czech data.............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts.......... 
    Updates on Czech currency.............................[CZK/] 
    Previous stories on Czech data.............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts.......... 
    Updates on Czech currency.............................[CZK/] 
 
 ========================== TOP STORY ========================== 
    LOWER RATE PATH: The strength of the crown will likely lead 
to a lowering of the interest rate trajectory in the Czech 
central bank's (CNB) new inflation forecast, Vice-Governor Ludek 
Niedermayer told the Reuters Central European Investment Summit. 
    Story: [nL1550381] 
    The Czech Republic could adopt the euro in 2012 if the 
government makes it its priority, Niedermayer said. 
    Story: [nL15515470] 
    Related news: [RTRS-LEN-CZ-SUMMIT] [RTRS-LEN-CZ-CEN-PLCY] 
 
 =========================== EVENTS ============================ 
    C.BANKERS MEET UNIONISTS: Central bank (CNB) policymakers 
meet trade union leaders (CMKOS) for annual talks on the 
economic and wage outlook. News conference with CNB's Governor 
Zdenek Tuma and CMKOS's leader Milan Stech starts at 1530. 
    Related news: [RTRS-LEN-CZ-JOB] 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 Czech Equities   1,908.3  1,898.8   +0.50        +20.10 
 vs Euro       27.575   27.610   +0.13         -0.27 
 vs Dollar        19.393   19.388   -0.01         +7.37 
 U.S. Equities    13,985   14,093   -0.77        +12.21 
 Pvs close or current levels vs prior domestic close at 1500 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    SLOWER PACE OF RATE HIKES: Interest rates are heading higher 
but the pace of their increases could slow after a rise in the 
crown currency, central bank (CNB) Vice-Governor Miroslav Singer 
was quoted as saying. 
    Story: [nL15410680] 
     
    RATES SEEN ON HOLD IN OCTOBER: The Czech central bank (CNB) 
will probably keep interest rates on hold for the second month 
running in October due to a firmer crown and fading expectations 
of rate increases abroad, a Reuters poll showed. 
    Story: [nL1555075] Related news: [RTRS-LEN-CZ-CEN] 
    Previous interest-rate polls: [CNB/INT] 
    TABLE with analysts' rate forecasts..........[ID:nL15313264] 
    FACTBOX on statements of CNB policymakers....[ID:nL15379905] 
    FACTBOX on profiles of CNB policymakers......[ID:nL25747004] 
     
    POSTPONED IPO: Real estate fund CTP Property has postponed 
an initial share offering (IPO) until next year, planning to 
enlarge its portfolio valued at 900 million euros ($1.28 
billion), its co-owner said. 
    Story: [nL15126265] Related story: [RTRS-LEN-CZ-IPO] 
 
 ======================= PRESS DIGEST ========================== 
    BOURSE HITS PEAK: The Prague bourse's PX Index  scaled 
an all-time peak on Monday, driven by a rise in the share price 
of utility CEZ  to a new high. 
    Hospodarske Noviny, page 21 
     
    AAA AUTO SALES: Used-car dealer AAA Auto  sold 
60,125 used vehicles in the first three quarters of this year, 
for a 32 percent increase over a year ago. 
    Hospodarske Noviny, page 19 
 
 
 
 (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 real-time stock market index quotes click in brackets: 
 Warsaw WIG20   Budapest BUX   Prague PX  
 
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fax: +420 224 229 935 
    E-mail: prague.newsroom@reuters.com 
    Reuters Messaging: marek.petrus.reuters.com@reuters.net 
 
  
 ($1=19.34 Czech Crown) 
  Keywords: CZECH FACTORS/ 
    

[PRAGUE/Reuters/Finance.cz]