...GMT + 1 hours) ======================== ECONOMIC DATA ======================== October money supply statistics are due for release at 0900. No consensus forecast is available. 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 ========================== INTEREST RATE RISE: The Czech central bank raised interest rates by 25 basis points on Thursday, choosing to clamp down on resurgent inflation instead of allowing a strong crown currency to do the job for it. Story: [nL29206268] Related news: [RTRS-LEN-CZ-CEN] HIGHLIGHTS from Governor Zdenek Tuma's news conference: [nL29900860] ---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct change close on day in 2007 Czech Equities 1,757.6 1,748.1 +0.54 +10.62 vs Euro 26.290 26.310 +0.08 +4.60 vs Dollar 17.818 17.803 -0.13 +16.79 U.S. Equities 13,312 13,289 +0.17 +6.81 Pvs close or current levels vs prior domestic close at 1500 ==================== ELSEWHERE IN THE NEWS ==================== ORCO RESULTS: Developer Orco Property Group's nine-month revenues almost tripled year-on-year on expanding construction activities and acquisitions, beating forecasts. Story: [nL29908572] Related news: [RTRS-LEN-CZ-ORCOsp.PR] TALKS BETWEEN CEZ AND MOL: Talks under way on a strategic alliance between Czech power firm CEZ and Hungary's oil group MOL may go on into next year, CEZ said. Story: [nL29467199] Related news: [RTRS-LEN-CZ-CEZPsp.PR] 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 (Compiled by Marek Petrus) Keywords: CZECH FACTORS/
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