Czech Republic - Factors To Watch on Oct 19

...GMT + 2 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    No economic data are due for release until September money 
supply statistics  on Oct. 31. 
    Real-time economic data releases.................... 
 
 -------------------- RELEASED INDICATORS ---------------------- 
    RETAIL SALES: Retail sales grew 7.3 percent year-on-year in 
August , at a slightly slower pace than markets had 
expected, pointing to ongoing robust household spending growth, 
which is expected to propel the economy to about 6 percent 
growth for the third consecutive year and keep the central bank 
watchful against a rise in price pressures. 
    Instant View: [nL18428647] Table: [:nPRA001560] 
    Previous stories on Czech data.............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts.......... 
 
 ========================== TOP STORY ========================== 
    LEFTISTS TRY TO SPLIT COALITION: The Czech Republic's 
leftist opposition proposed a legal change aimed at promoting 
nuclear energy that could test the unity of the governing 
coalition. 
    Story: [nL1836925 ] Related news: [RTRS-LEN-CZ-POL] 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 Czech Equities   1,886.0  1,892.2   -0.33        +18.70 
 vs Euro       27.330   27.366   +0.13         +0.62 
 vs Dollar        19.104   19.146   +0.23         +8.99 
 U.S. Equities    13,889   13,893   -0.03        +11.44 
 Pvs close or current levels vs prior domestic close at 1500 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    CROWN AT RECORD PEAK: The Czech crown scaled a life-time 
peak against the euro on Thursday against the backdrop of 
general strength in central European currency markets. 
    Story: [nL18220897] Related news: [EMRG/FRX] 
    Updates on Czech currency.............................[CZK/] 
     
    CEZ HEAD TO STAY: The supervisory board of Czech power firm 
CEZ  has extended the term of Chairman Martin Roman 
by four years from February 2008, the company said. 
    Story: [nL18787746] Related news: [RTRS-LEN-CZ-CEZPsp.PR] 
     
    REFINERY SHUTDOWN: The main Czech oil refiner Ceska 
Rafinerska will decide next week when it will be able to fully 
restart its Litvinov refinery. 
    Story: [nL18145749] Related news: [RTRS-LEN-CZ-UNPEsp.PR] 
     
    C.BANK BOARD TO BE COMPLETE: All seven members of the Czech 
central bank's (CNB) policy board will attend the Oct. 25 
interest rate-setting meeting. A majority of analysts in a 
Reuters poll expect no rate change at the meeting where 
policymakers will also discuss the quarterly forecast update 
taking into account the crown's rise to record highs. 
    Story: [nL1810126] 
    Poll on analysts rate expectations: [CNB/INT] 
     
    CME REVENUE OUTLOOK: Central European Media Enterprises 
(CME)   has updated its 2007 revenue growth 
forecast to 30 percent from an earlier estimate of a 26-31 
percent rise. 
    Story: [nL18578958] Related news: [RTRS-LEN-CZ-CETV.O] 
     
 
 ======================= PRESS DIGEST ========================== 
    CZECH CME UNIT TO HIKE PRICES: TV Nova, the biggest station 
run by CME , will increase advertising prices by an 
average of 20  percent next year, after raising prices by an 
estimated 17 percent this year, Nova's CEO Petr Dvorak said. 
    Hospodarske Noviny, page 28 
 
 
 (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 
 
  
  Keywords: CZECH FACTORS/ 
    

[PRAGUE/Reuters/Finance.cz]