Czech Republic - Factors To Watch on Sept 3

                                
 PRAGUE, Sept 3 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Thursday:
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)

=========================ECONOMIC DATA=========================
                                
 Q2 real wage data at 0700 GMT.
                                
 Real-time economic data releases....................<ECONCZ>
                                
 Previous stories on Czech data.............[CZ-RTRS-LEN-ECI]
                                
 Overview of economic data and forecasts..........<CZ/ECON15>
                                
 Updates on CEE currencies.............................[CEE/]
                                
 
==========================EVENTS============================
                                
 PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
                                
 Related news: [RTRS-LEN-CZ-CEN]
                                
 
                                
 PRAGUE - President Vaclav Klaus, chairmen of upper and lower
houses of parliament and Prime Minister Jan Fischer to hold a
news briefing on early election which was thrown in doubt by a
Constitutional Court decision (0730 GMT).
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - 39-week T-bill auction.
                                
 Related news: [RTRS-LEN-CZ-DBT]
                                
 
==========================TOP NEWS============================
                                
 ELECTION: Czech political leaders agreed on Wednesday to
take action to secure a quick election after a Constitutional
Court decision threw into doubt polls planned for Oct. 9-10.
                                
 Story: [ID:nL257978] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 RATINGS: Ratings agency Moody's said on Weddnesday a hiatus
over the Czech Republic's election could be negative for the
country and must not block necessary reforms but would not
immediately hit its sovereign rating.
                                
 Story: [ID:nL254073] Related news: [RTRS-LEN-CZ-GVD]
                                
 
                                
 CEE MARKETS: Central European currencies extended their
slide on Wednesday as investors cut riskier assets, and
political worries hung on the Czech crown.
                                
 Story: [ID:nL2476895] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 BOND DEMAND: Investors bid three times the offer at the
Czech Republic's 10-year bond auction on Wednesday, with dealers
saying strong local demand for assets trumped worries over a
possible postponement of October elections.
                                
 Story: [ID:nL2581841] Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 CAR SUBSIDIES GONE: German subsidies that paid motorists
2,500 euros ($3,590) to scrap their old cars gave a boost to
national car sales in August, lifting registrations 28 percent
on a year ago but the incentive scheme has now run out.
                                
 Story: [ID:nL2277558] Related news: [RTRS-LEN-CZ-MCE]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities <.PX>    --      1120.1    --           --
 vs Euro   <EURCZK=>   25.67     25.708  -0.15        -4.05
 vs Dollar    <CZK=>   17.962    18.028  -0.37        -6.03
 U.S. Equities <.DJI> 9280.67   9310.6   -0.32         5.75
 Pvs close or current levels vs prior domestic close at 1500

 ==========================PRESS DIGEST========================
                                
 CEZ CLIENTS: Power group CEZ <CEZPsp.PR> will allow
corporate customers to begin setting electricity rates on a
daily rate based on the market price.
                                
 Hospodarske Noviny, page 17
                                
       
                                
 Reuters has not verified the media reports, nor does it
vouch for their accuracy.
                                
    
 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: Jan Lopatka on +420 224 190 474;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
  (Compiled by Jason Hovet)