Czech Republic - Factors To Watch on Oct 13

13.10.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, Oct 13 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Friday:

PRODUCER PRICES

September producer prices (PPI) and August foreign trade prices are due for release at 9 a.m. (0700 GMT).

CURRENT ACCOUNT

August current account balance is due out at 10 a.m. (0800 GMT).

[RTRS-LEN-CZ-ECI]

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

POLITICAL TALKS

President Vaclav Klaus meets Christian Democrat (KDU-CSL) leaders at 1:30 p.m. (1130 GMT). Klaus has said he will not name a new prime minister until after local and Senate elections to be held later this month.

[RTRS-LEN-CZ-POL]

COMMUNISTS REJECT EARLY POLLS

The Communist Party rejected calls for early elections after the fall of the country's centre-right government, saying they wanted the left-leaning Social Democrats to try to form a cabinet.

[nL12912414]

TELEFONICA O2 CLEARED

The competition watchdog turned down a protest by telecoms firm GTS Novera against two IT Ministry orders, worth 805 million crowns ($35.71 million), awarded to dominant telecoms player Telefonica O2 Czech Republic <SPTTsp.PR>.

[nL12884627]

INDUSTRIAL OUTPUT

Industrial output rose by a slower than expected 7.4 percent year-on-year rate in August, after upwardly revised 12.2 percent growth in the prior month.

[nL1264101] [nPRA000973]

EU COMMISSIONER

European Commissioner for the Internal Market Charlie McCreevy gives a speech entitled "The Future of Europe and the Internal Market" at 11 a.m. (0900 GMT).

[RTRS-LEN-CZ-EU]

CEZ EYES FURTHER EXPANSION

Power utility CEZ <CEZPsp.PR> is considering taking part in the tender for the construction of a coal power plant in Kosovo, worth an estimated 80 billion crowns ($3.55 billion), writes the daily Mlada fronta Dnes.

[RTRS-LEN-CZ-CEZPsp.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

($1=22.54 Czech Crown)

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