Czech Republic - Factors To Watch on Dec 4

...Republic: GMT + 1 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    No economic indicators are due for release. 
    Foreign trade balance for October  is due out on 
Wednesday. 
    Real-time economic data releases.................... 
 
 -------------------- RELEASED INDICATORS ---------------------- 
    BUDGET SURPLUS: The central state budget showed a 12.77 
billion crowns ($713.4 million) surplus for the first eleven 
months of the year after posting a 14.43 billion crown deficit 
in November alone. 
    Instant View: [nL03397926] 
    PMI IMPROVES: The Purchasing Manager's Index (PMI) improved 
to 54.9 in November from October's 54.6. 
    Instant View: [nL03125024] 
    Previous stories on Czech data.............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts.......... 
    Updates on Czech currency.............................[CZK/] 
 
 ========================== TOP STORY ========================== 
    HIGHER BOND BORROWING CEILING: The Czech Republic set a 
ceiling of 165 billion crowns ($9.26 billion) for medium-term 
and long-dated local currency government bonds next year, 
including rollovers of maturing debt. 
    Story: [nL03505620] Related news: [RTRS-LEN-CZ-GVD-ISU] 
    TABLE of first-quarter issuance calendar: [nL03498246] 
 
 =========================== EVENTS ============================ 
    NO-CONFIDENCE VOTE: The lower house of parliament holds an 
extraordinary session on a vote of no-confidence initiated by 
the leftist opposition. The motion is widely expected to fail, 
as the opposition lacks a majority. 
    Related news: [RTRS-LEN-CZ-POL] 
     
    CABINET MEETING: The cabinet meets in a regular weekly 
session. News conference to follow. No market-related items are 
scheduled to be on the agenda. 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 Czech Equities   1,766.9  1,774.1   -0.41        +11.20 
 vs Euro       26.225   26.248   +0.09         +4.86 
 vs Dollar        17.883   17.892   +0.08        +16.46 
 U.S. Equities    13,315   13,372   -0.43         +6.83 
 Pvs close or current levels vs prior domestic close at 1500 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    GAS PRICES: Natural gas prices for households will rise 7.4 
percent on average from January, after a 4.8 percent increase in 
October, the country's dominant gas supplier RWE Transgas said. 
    Story: [nL03374771] Related news: [RTRS-LEN-CZ-NGS] 
 
 ======================= PRESS DIGEST ========================== 
    More than 100,000 teachers in nearly 5,600 schools will take 
part in Tuesday's one-day strike to demand an extra 1.5 billion 
crowns ($139.7 million) for salaries next year. 
    Hospodarske Noviny, 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  
 
    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) 
  
 ($1=17.90 Czech Crown) 
  Keywords: CZECH FACTORS/ 
    

[PRAGUE/Reuters/Finance.cz]