PRAGUE, June 12 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Friday:
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=================================
PRAGUE - The lower house of parliament to continue a
session.
Related news: []
=========================TOP NEWS===============================
RATE CUT NOT RULED OUT - SINGER: Czech central bank
Vice-Governor Miroslav Singer reiterated on Thursday he could
not rule out further interest rate cuts provided the crown
exchange rate remained stable, inflation low and a global
economic crisis deepened.
Story: [] Related news: []
CEE FX QUIET: Central European currencies moved little on
Thursday, taking a pause after a firming in the past several
days as players are waiting to see whether Latvia can avoid the
devaluation of its currency.
Story: [] Related news: []
NEW CONSERVATIVE PARTY: Two senior ministers in the last
Czech cabinet launched a new conservative party on Thursday,
aiming to pick up unattached voters to strengthen the right
ahead of an election in October.
Story: [] Related news: []
INDUSTRY DOWN: Czech industrial output fell
by 22.1 percent year-on-year in April, less than a flash
estimate of 23.2 percent slump released by the statistics office
on May 29, data showed on Thursday.
Story: [] Related news: []
JOB CUTS: New World Resources (NWR), owner of the largest
Czech hard coal mines, plans to cut up to 3,000 jobs by the end
of the year, a spokeswoman said on Thursday, the latest job
losses for central Europe's faltering economies.
Story: [] Related news: []
CEE PROPERTY FUNDS: Global real estate investors who fled
emerging Europe at the start of the year are inching back to the
region, lured by prospects of higher returns as fears of
widespread economic collapse ebb.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2009
Czech Equities <> 964.8 964.8 +0.00 n/a
vs Euro <EURCZK=> 26.730 26.730 +0.00 +0.22
vs Dollar <CZK=> 18.918 18.866 -0.34 +0.95
U.S. Equities <> 8,771 8,739 +0.37 -0.06
Pvs close or current levels vs prior domestic close at 1600 GMT
=========================PRESS DIGEST===========================
BLACKOUT: Risk of a Czech electricity blackout rose after
Poland shut its market, raising the chance that wind power
flowing through the Czech Republic from Germany could hurt the
transmission system, operator CEPS' chief said.
E15, page 1
STEEL: A May drop in Czech steel production slowed from
previous months, but fell 47 percent annually.
E15, page 9
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
E-mail: prague.newsroom@reuters.com
(Compiled by Jason Hovet)
