Czech Republic - Factors To Watch on Nov 8

08.11.2006 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, Nov 8 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Wednesday:

RIGHTIST LEADER TO BECOME PM AGAIN

President Vaclav Klaus would name rightist leader Mirek Topolanek as prime minister for the second time since an inconclusive June election left parliament deadlocked.

The official appointment is scheduled for 2 p.m. (1300 GMT).

- For five facts about Topolanek, double click on [ID:nL07393846].

- For FACTBOX on party positions, click on [ID:nL03198885].

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

INFLATION, UNEMPLOYMENT

October inflation and unemployment data are due out at 9 a.m. (0800 GMT).

[RTRS-LEN-CZ-ECI]

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

BOND AUCTION

The finance ministry is offering a 4-year government bond tranche in an auction <CZ4YT=RR>.

- For auction details and results, double click on <CNB08>.

LOWER HOUSE, CABINET

The lower house of parliament is expected to start debating an excise tax hike on tobacco in the third and final reading.

The cabinet meets in a regular weekly session. A news conference is tentatively scheduled for 9:30 p.m. (2030 GMT).

[RTRS-LEN-CZ-LAW]

EU MINISTERS ON BEER LEVY

European Union finance ministers failed to agree on Tuesday on possible increased duties on beer and spirits, and the bloc's brewers toasted the news.

Finland had put forward a compromise that would exclude beer from the inflation adjustment, bringing the bloc's two biggest per capita drinkers, Germany and the Czech Republic, on board, but Sweden and others vetoed the move.

[nL07790845] [RTRS-LEN-CZ-EU]

EQUITY POLLS:

CME REVENUE SEEN JUMPING

Central European Media Enterprises Ltd. (CME) <CETV.O> will post a 31 percent revenue jump in the third quarter thanks to advertising growth in east Europe, a Reuters poll showed.

[nL07771715] [RTRS-LEN-CZ-CETV.O]

UNIPETROL NET SEEN DOUBLING

Net profits at Czech oil processor Unipetrol <UNPEsp.PR> were forecast to more than double in the third quarter, as margins rose after crude oil prices declined, according to analysts surveyed by Reuters.

[nL07673539] [RTRS-LEN-CZ-UNPEsp.PR]

CURRENT ACCOUNT GAP SEEN LOWER

The current account deficit is seen at 5.00 billion crowns ($228.3 million) in September, smaller than previously forecast after better than expected September foreign trade data.

[nL07771087] [RTRS-LEN-CZ-ECI]

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))

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Články ze sekce: Zpravodajství ČTK