Czech Republic - Factors To Watch on Oct 24

PRAGUE, Oct 24 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Tuesday:

SENATE AND LOCAL ELECTIONS

Czech financial markets took a strong showing by the outgoing rightist government in weekend Senate elections in stride, focusing on the second round for signals of ending a lengthy parliamentary deadlock.

[nL23856637] [nL22730163]

- For FACTBOX listing key points of the Senate vote, double click on [nL19184081].

- For most recent news on Czech politics, double click on the following link: [RTRS-LEN-CZ-POL]

NO DATA RELEASES

No economic data are due out on Tuesday.

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

CEZ EYES ACQUISITIONS

Power company CEZ <CEZPsp.PR> plans to invest cashflow it generates over the next few years in acquisitions.

[nL23872660] [RTRS-LEN-CZ-CEZPsp.PR]

EARNINGS POLL: TELEFONICA O2 CR PROFITS SEEN UP

Dominant phone operator Telefonica O2 CR <SPTTsp.PR> is expected to report a 25 percent jump in nine-month net profit to a record level due to lower one-off costs and investments, a Reuters poll showed.

[nL23853987] [RTRS-LEN-CZ-SPTTsp.PR]

EU TO STUDY HYUNDAI AID

The anti-monopoly watchdog (UOHS) it considered government aid for Hyundai's <005380.KS> planned Czech factory was compliant with EU rules, but handed the issue to the European Commission for approval.

[nL23823253] [RTRS-LEN-CZ-005380.KS]

POLL: RATES SEEN ON HOLD THIS WEEK

The central bank (CNB) will most likely keep interest rates on hold this week, a Reuters poll showed, but a slim majority of analysts forecast further tightening before the year-end to keep inflation at bay.

[ID:nL20451838] [CNB/INT]

- For TABLE detailing analysts' interest rate forecasts, double click on [ID:nL20536892].

- For FACTBOX on monetary decisions in central Europe, click on [ID:nL23820301].

POLL: CROWN SEEN FIRMING

The Czech crown is likely to rally more than 2 percent to new all-time highs of 27.70 per euro <EURCZK=> over the next 12 months, extending a long-term trend fed by rising exports, a Reuters poll shows.

[ID:nL1863825] [ID:nL18826170] [CZK/POLL]

Individual forecasts can be accessed through the following page <CZ/ECON07>.

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))