PRAGUE, May 18 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Tuesday.
ALL TIMES GMT (Czech Republic: GMT + 2 hours)
=========================ECONOMIC DATA=========================
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies............................[]
============================EVENTS============================
LOWER HOUSE MEETS: The lower house holds its last session
ahead of May 28-29 election. Agenda includes an anti-corruption
bill and a bill on carbon trading.
==========================TOP NEWS============================
LEFT LEADS AHEAD OF ELECTION: Support for the Czech
left-wing Social Democrats dipped but the party still held a
solid lead ahead of its main right-wing rival and maintained the
strongest position for post-election talks on forming a cabinet
after the May 28-29 election, a poll showed on Monday.
Story: [] []
DIVIDENDS SWING CURRENT ACCOUNT INTO DEFICIT: The Czech
current account showed a surprise 12.6 billion crown ($626.9
million) deficit in March due to foreign-owned companies'
dividend payments, after showing a 10.25 billion crown surplus
in February.
Story: [] []
PRODUCER PRICES JUMP: Czech industrial producer prices rose
by a much higher-than-expected 0.7 percent in April from March
and 0.4 percent from a year ago, showing the first annual growth
since November 2008.
Story: [] []
NWR SEEN IN PROFIT: Miner New World Resources (NWR) <NWRS.L>
<NWRSsp.PR> is expected to post a 3.4 million euro profit in the
first quarter on sharply higher revenue thanks to a recovery in
the steel sector, a Reuters poll showed.
Story: [] []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
Czech Equities <> 1,193.1 1,194.7 -0.13 6.78
vs Euro <EURCZK=> 25.49 25.51 0.08 3.15
vs Dollar <CZK=> 20.608 20.679 0.34 -12.14
U.S. Equities <> 10,625.83 10,620.16 0.05 1.9
Pvs close or current levels vs prior domestic close at 1500 GMT
===========================PRESS DIGEST========================
NO RETAIL BONDS THIS YEAR: Finance Minister Eduard Janota
does not expect an earlier planned bond issue for retail
investors to go ahead this year.
E15, page 16.
ECM BONDHOLDERS TO MEET: Bondholders of real estate
developer ECM <> will meet on May 27 to discuss the
firm's high leverage.
Hospodarske Noviny, page 25
BAD DEBT ON THE RISE: At the end of March, 4.4 percent loans
were behind schedule by more than 90 days. Residential loans
past due rose 52 percent year-on-year.
Hospodarske Noviny, page 20
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
For Instant Views of key economic data click on
[]
For summary of economic data and forecasts <CZ/ECON01>
For diary of forthcoming Czech events []
For calendar of east European economic indicators []
TOP NEWS -- Emerging markets []
TOP NEWS -- Convergence watch []
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 <> Budapest BUX <> Prague PX <>
News editor of the day: Jan Lopatka on +420 224 190 474;
fax: +420 224 229 935
(Compiled by Jana Mlcochova)
E-mail: prague.newsroom@reuters.com
