Czech Republic - Factors To Watch on Nov 5

...GMT + 1 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    NO DATA: No economic indicators are due for release until 
October foreign exchange reserves  on Wednesday. 
    Real-time economic data releases.................... 
 
 -------------------- RELEASED INDICATORS ---------------------- 
    FOREIGN TRADE: The foreign trade balance posted a much 
bigger than expected 14.4 billion crown ($769.6 million) surplus 
in September, swinging back into the black after deficits in the 
previous two months. 
    Instant View: [nL0261687] Table: [nPRG000567] 
 
    Previous stories on Czech data.............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts.......... 
 
 ========================== TOP STORY ========================== 
    LEFT SEEKS NO-CONFIDENCE VOTE: The opposition Social 
Democrats want to call a vote of no confidence in the 
centre-right cabinet following the resignation of the deputy 
prime minister, but the government is likely to survive. 
    Story: [nL02706504] Related news: [RTRS-LEN-CZ-POL] 
 
 =========================== EVENTS ============================ 
    ZENTIVA EARNINGS: Drug maker Zentiva  releases 
nine-month results. News conference at 1300. Conference call at 
1530. 
    The company has said nine-month earnings would be much 
weaker than expected, forecasting a 32 percent year-on-year fall 
in net income to to 1.06 billion crowns and sales of 11.13 
billion crowns. 
    Story: [nL30196654] Related news: [RTRS-LEN-CZ-ZNTVsp.PR] 
     
    C.BANKER: Seminar on closure of the Czech Consolidation 
Agency (CKA) with central bank (CNB) board member Pavel Rezabek 
(1600). 
    Related news: [RTRS-LEN-CZ-CEN] 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 Czech Equities   1,908.3  1,925.5   -0.89        +20.10 
 vs Euro       26.870   26.910   +0.15         +2.34 
 vs Dollar        18.585   18.579   -0.03        +12.03 
 U.S. Equities    13,595   13,568   +0.20         +9.08 
 Pvs close or current levels vs prior domestic close at 1500 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    C.BANK ON CROWN: The firm crown is helping to tame price 
pressures stemming from high commodity prices, but this need not 
be a standard feature of the Czech economy, central bank (CNB) 
Governor Zdenek Tuma said. 
    Story: [nL02589937] Related news: [RTRS-LEN-CZ-PLCY] 
    The strength of the Czech crown poses a risk to the central 
bank's inflation forecast, as a sharper than expected firming 
cannot be ruled out, according to minutes from policymakers' 
October 25 meeting. 
    Story: [nPRA001584] 
    FULL TEXT OF MEETING MINUTES................[ID:nL02290111] 
    FACTBOX ON NEW QUARTERLY CPI FORECAST.......[ID:nL02116618] 
 
 ======================= PRESS DIGEST ========================== 
    PRESIDENTIAL CANDIDATE: Economics professor Jan Svejnar was 
picked by the leftist opposition Social Democrats (CSSD) and the 
ruling coalition Green Party as their candidate for President to 
compete with incumbent President Vaclav Klaus who seeks 
re-election. 
    Mlada fronta Dnes, page 1 
     
 
 
 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  
 
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fax: +420 224 229 935 
    E-mail: prague.newsroom@reuters.com 
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[PRAGUE/Reuters/Finance.cz]