Czech Republic - Factors To Watch on Nov 20

PRAGUE, Nov 20 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Monday:

NO ECONOMIC DATA ARE DUE FOR RELEASE

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

[CZ/INSTANT] [RTRS-LEN-CZ-ECI]

GOVERNMENT TALKS

Prime Minister Mirek Topolanek won the backing of his rightist Civic Democrats in a leadership vote, giving him a strong mandate as he holds talks with other parties on forming a government.

He is expected to hold further talks on a new government in the coming days.

[nL19167534]

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

CROWN FLAT NEAR-TERM, STRONGER LATER ON

The Czech crown is likely to hold steady versus the euro over the next three months, but will resume its firming and hit new record highs within 12 months, a Reuters poll shows.

[nL16854275]

- For TABLE detailing analysts' forecasts, double click on [ID:nL16828285].

ANALYSIS: CHANGE OF GUARD SEEN AT C.BANK

The mandates of two Czech central bank (CNB) policymakers expire at the end of the month, and sources inside and outside the bank say at least one, outspoken inflation dove Jan Frait, looks set to be replaced.

[nL16681772] [RTRS-LEN-CZ-CEN]

- For FACTBOX on who is who on the CNB board, double click on [nL16661304].

RESEARCH ALERT: KOMERCNI CUT TO "HOLD"

Brokerage Wood and Company has downgraded its rating for shares of Komercni Banka<BKOMsp.PR> to "hold" from "buy" after third-quarter results disappointed.

[nL16640915] [RTRS-LEN-CZ-BKOMsp.PR]

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))