Czech Republic - Factors To Watch on Dec 3

...GMT + 1 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    Purchasing Managers' Index (PMI) for November is due out at 
0830. 
    End-November budget balance is due for release sometime in 
the afternoon. 
    No consensus forecasts are 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 ========================== 
    MORE POLICY TIGHTENING: Resurgent inflation and hot economic 
growth led several of central Europe's central banks to hike 
interest rates this week and more tightening is expected as they 
keep their sights on euro adoption early next decade. 
    Story: [nL30880382] Related news: [RTRS-LEN-CZ-CEN] 
 
 =========================== EVENTS ============================ 
    BOND AUCTION CALENDAR: The Finance Ministry releases at 0900 
a detailed calendar for the issuance of domestic state bonds in 
the first quarter of 2008. 
    Related news: [RTRS-LEN-CZ-GVD] 
 
    GAS PRICES: RWE Transgas, a unit of German utility RWE 
, holds a news conference on natural gas prices in the 
first quarter of 2008 (1000 GMT). 
    Related news: [RTRS-LEN-CZ-NGS] 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 Czech Equities   1,774.1  1,757.6   +0.94        +11.66 
 vs Euro       26.250   26.250   +0.00         +4.76 
 vs Dollar        17.851   17.911   +0.35        +16.65 
 U.S. Equities    13,372   13,312   +0.45         +7.29 
 Pvs close or current levels vs prior domestic close at 1500 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    RECORD CROWN: The Czech crown scaled a life-time high 
against the euro for the second consecutive session on Friday, 
the day after the central bank (CNB) raised interest rates to 
their highest levels in nearly 5-1/2 years. 
    Story: [nL30366541] Related news: [RTRS-LEN-CZ-FRX] 
 
 ======================= PRESS DIGEST ========================== 
    EDUCATION MINISTER: The Green Party has approved Ondrej 
Liska as the party's nominee for the vacant post of Education 
Minister. Greens are a junior coalition partner in the 
government of Prime Minister Mirek Topolanek. 
    Pravo, page 1 
     
    TEACHER STRIKE: Teachers are planning to strike on Tuesday 
to demand more money for the sector. In some regions, 80-90 
percent of teachers are expected to join the protest. 
    Pravo, page 2 
     
     
 
 
 
 
 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/ 
    

[PRAGUE/Reuters/Finance.cz]