Slovak crown stable, mkt sees risk of correction

    BRATISLAVA, Nov 13 (Reuters) - The Slovak crown was stable 
against the euro on Monday morning, but dealers saw a risk of 
more losses after a fall at the end of last week. 
    The Slovak unit traded at 36.165 to the euro <EURSKK=> as of 
0915 GMT, compared with 36.185 late on Friday. 
    "The crown is expected to move within 36.0-36.3 against the 
euro today, while we still see a risk of correction in the days 
ahead," Slovenska Sporitelna wrote in a market note. 
    The crown eased on Friday after statistics data showed a 
bigger-than-expected trade deficit for September. The drop came 
after a month-long firming, which culminated with the crown 
hitting a record high of 36.001 per euro on Nov. 8. 
    The crown is now 6.3 percent above the central parity within 
the Exchange Rate Mechanism 2 (ERM 2), which Slovakia joined in 
November 2005 as part of preparations for a planned euro zone 
entry in 2009. 
    The next domestic impulse for the market could come from the 
release of preliminary GDP data for the third quarter, scheduled 
for Wednesday, as strong economic growth could push the currency 
back towards its all-time highs. 
----------------MARKET SNAPSHOT AT 0850 GMT------------------- 
Crown/Euro <EURSKK=> 36.165 vs 36.185 on Monday (+0.06 pct) 
Crown/Dollar <SKK=>  28.129 vs 28.145 (+0.04 pct) 
5-yr govt bond <SK5YT=RR> yield 4.450/250 vs 4.401/199 pct 
8-yr govt bond <SK8YT=RR> yield 4.389/189 vs 4.328/4.130 
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  ((Reporting by Martin Santa, editing by Gerrard Raven; Reuters 
Messaging: martin.santa.reuters.com@reuters.net; +421 5341 
8402)) 
  Keywords: MARKETS SLOVAKIA CROWN MORNING