Czech Republic - Factors To Watch on Nov 3

PRAGUE, Nov 3 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Friday:

POLITICAL TALKS

President Vaclav Klaus meets leaders of the five parties in the lower house at 10 a.m. (0900 GMT) for talks on the political stalemate. News briefing is due to follow.

Social Democrat leader Jiri Paroubek reiterated he wanted a chance to break political deadlock by trying to form a government capable of winning a confidence vote in parliament.

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Christian Democrats (KDU-CSL) Central Executive Committee meets at 2 p.m. (1300 GMT). News conference at 4:30 p.m. (1530 GMT).

- For most recent news on Czech politics, double click on [RTRS-LEN-CZ-POL].

FOREIGN TRADE

The September foreign trade balance, due out at 9 a.m. (0800 GMT), is forecast to have ended in a 5 billion crown monthly surplus <CZFTB=ECI>, according to a Reuters poll of analysts.

Lower imported crude oil prices have been expected to help keep the surplus flat from 5.3 billion crowns in September 2005.

[RTRS-LEN-CZ-ECI]

- For real-time economic indicator releases and consensus market forecasts, double click on <ECONCZ>.

CENTRAL BANK MINUTES

The central bank (CNB) releases minutes from its October 26 governing board meeting at 9 a.m. (0800 GMT), to be watched in markets for clues about the near-term outlook for monetary policy.

The CNB publishes a quarterly update of its Inflation Report at the same time.

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TIGHTER CPI TARGET?

The CNB may want to set a tighter inflation target and higher interest rates before joining the euro zone to create a buffer for meeting price stability requirements, a top CNB policymaker said.

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EXTRA BOND ISSUANCE

The Czech Republic will launch its first-ever 30-year bond this month to help pay an old state guarantee, becoming the first central European EU member country to offer a domestic issue with such a long maturity.

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- For TABLE detailing the planned issuance of government bonds in November and December, double click on [nPRA001005].

Overview of past economic data and market forecasts <CZ/ECON15> For Instant Views of key economic data click on [CZ/INSTANT] For summary of economic data and forecasts <CZ/ECON01> 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 <G7TODAY>

For real-time stock market index quotes click in brackets: Warsaw WIG20 <.WIG20> Budapest BUX <.BUX> Prague PX <.PX>

News editor of the day: Alan Crosby on +420 224 190 477; fax: +420 224 229 935

E-mail: prague.newsroom@reuters.com

Reuters Messaging: alan.crosby.reuters.com@reuters.net

((Compiled by Marek Petrus; Reuters Messaging: rm://marek.petrus.reuters.com@reuters.net; e-mail: prague.newsroom@reuters.com or marek.petrus@reuters.com; Tel: +420 224 190 477))