Czech Republic - Factors To Watch on July 14

                                
 PRAGUE, July 14 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Wednesday.
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)

=========================ECONOMIC DATA=========================
                                
 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 - 5-year government bond auction <CZ1002737=>.
                                
 Related news: [RTRS-LEN-CZ-DBT]
                                
 
 ==========================TOP NEWS============================
                                
 NEW GOVERNMENT IN PLACE: Czech President Vaclav Klaus
appointed a new cabinet on Tuesday, handing power to a
centre-right coalition pledging to cut the budget deficit and
fight widespread corruption.
                                
 Story: [ID:nLDE66C0UD] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 CEE MARKETS: Emerging European assets were mixed on Tuesday
as inflation readings were slightly above expectations, while
local debt auctions and core market risk assessment showed no
clear direction.
                                
 Story: [ID:nLDE66C098] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEE POWER: Czech day ahead power tumbled on Tuesday as a
public holiday in major market France on Wednesday lowered
demand and depressed prices, traders said.
                                
 Story: [ID:nLDE66C1OJ] Related news: [RTRS-LEN-CZ-ELG]
                                
 
                                
 C/A DEFICIT DOUBLE FCAST: The Czech current account showed a
23.98 billion crown ($1.19 billion) deficit in May, more than
double what markets expected, due to dividend payments, the
Czech central bank said on Tuesday.
                                
 Story: [ID:nLDE66B0MT] Related news: [RTRS-LEN-CZ-ECI]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2010
 Czech Equities <.PX>    --      1172.3    2.05        4.92
 vs Euro    <EURCZK=>  25.37     25.382    0.05        3.6
 vs Dollar     <CZK=>  19.951    20.032    0.4        -8.57
 U.S. Equities <.DJI>  10363.02  10216.27  1.44       -0.62
 Pvs close or current levels vs prior domestic close at 1500 GMT

=========================PRESS DIGEST==========================
                                
 FORMER CBANK GOV TO POLITICS: Former central bank governor
Zdenek Tuma, who stepped down last month, will run with
political party TOP09 in Prague in autumn municipal elections,
sources said.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 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