Czech Republic - Factors To Watch on Nov 7

...Republic: GMT + 1 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    FOREIGN EXCHANGE RESERVES: October foreign exchange reserves 
 due out at 0900 GMT. 
    Real-time economic data releases.................... 
 
    Previous stories on Czech data.............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts.......... 
 
 ========================= TOP STORY  ========================== 
    MISSILE DEFENCE TALKS - Czech and U.S. negotiators moved 
closer to a deal on building a radar base in the Czech Republic 
as part of a U.S. missile defence shield. 
    Story: [ID:nL06825644] 
    Related news: [RTRS-LEN-CZ-AER] 
     
 =====================ELSWHERE IN THE NEWS ===================== 
    KOMERCNI PROFIT SEEN UP - Komercni Banka , the 
only listed Czech bank, is expected to report a 13.5 percent 
year-on-year increase in nine-month net profit, according to a 
Reuters poll of 6 analysts. 
    Story: [ID:nL06155669] 
    Related news: [RTRS-LEN-CZ-RESF] 
 =========================== EVENTS ============================ 
    CABINET MEETS ON AIRPORT SALE - The cabinet is due to meet 
in a regular weekly session. It is scheduled to discuss the sale 
of Letiste Praha, the state-run operator of the Prague 
international airport. News conference at 1200 GMT. 
     
    BOND AUCTION - 10-year government bond auction . 
First round results after 1100 GMT. 
     
    GRAIN HARVEST - Czech Statistical Bureau (CSU) to release 
grain harvest estimates at 0800 GMT. 
    
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 vs Euro     26.905   26.925    +0.07         +2.21 
 vs Dollar      18.385   18.494    +0.61        +13.26 
 PX Index       1,903.3  1,888.6    +0.78        +19.79 
 --------------------------------------------------------------- 
 All data taken from Reuters at 0719 GMT. 
 Currency percent change and yield change calculated 
 from prior domestic close at 1500 GMT. 
 ======================= PRESS DIGEST ========================== 
    DIESEL PRICES - Retail diesel prices may jump by up to four 
crowns per litre in the coming days due to rising prices in 
Europe and a shortage on the domestic market caused by a 
refinery outage.  
    Pravo, page 17 
     
    CHRISTIAN LEADER STAYS - Jiri Cunek has defended his 
position as the head of the coalition Christian Democrats 
(KDU-CSL) after he was forced to quit as deputy prime minister 
over allegations of bribe taking. He denies any wrongdoing. 
    Mlada fronta Dnes, page 1. 
     
    CZECH AIRLINES IN PROFIT - The state-owned carrier Czech 
Airlines swung into a 563 million crown profit for 
January-September, and forecast a full-year profit of 100 
million. The company is slated for privatisation. 
    Hospodarske Noviny, page 15. 
     
    PRESIDENTIAL VOTE - Czech-American economist Jan Svejnar 
talked to politicians from several parties on becoming a 
possible challenger to President Vaclav Klaus in presidential 
election due in February. Czech presidents do not wield much 
executive power and are elected by parliament. 
    Hospodarske Noviny, page 1. 
 
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[PRAGUE/Reuters/Finance.cz]