Slovak crown weakens as emerging mkts fall again

    BRATISLAVA, March 5 (Reuters) - The Slovak crown eased again 
on Monday after a brief rebound at the end of last week as the 
rising yen pushed emerging markets down, traders said. 
    The crown traded at 34.455 to the euro as of 0820 GMT, after 
34.335 late on Friday. It was 0.45 percent weaker from one-week 
highs of 34.300 it hit also on Friday. 
    "The entire region is weaker because emerging markets are 
weaker," said Slovenska Sporitelna dealer Vladimir Gajdos. 
"Crown moves will depend on the regional mood since there are no 
other factors influencing the unit at present." 
    Emerging currencies have had a volatile ride in the past 
week, and analysts said volatility in high-yield currencies was 
likely to persist in the weeks ahead. 
    The crown could gain some ground on Tuesday after the 
release of detailed Slovak GDP data for 2006. Preliminary data 
showed 9.5 percent GDP rise for the fourth quarter of 2006. 
    The structure of economic growth should give some hints on 
when the central bank can proceed with monetary policy easing 
that analysts expect for this year. 
------------------ MARKET SNAPSHOT AT 0820 GMT ----------------- 
Crown/euro  at 34.455 vs 34.335 on Friday (-0.36 pct) 
Crown/dollar   26.211 vs 26.064 (-0.56 pct) 
5-yr govt bond  yield 4.381/3.981 vs 4.272/4.052 pct 
7-yr govt bond  yield 4.399/4.199 vs 4.312/4.093 pct 
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