PRAGUE, Oct 15 (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 ========================
August retail sales data at 0700 GMT.
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on Czech currency.............................[]
==========================EVENTS=============================
PRAGUE - The Czech cabinet to hold a regular session. News
conference to follow.
Related news: []
========================= TOP NEWS ============================
CZECH C.BANK TO HOLD REPOS AS LONG AS NEEDED: The Czech
central bank is ready to use its new repo facility until it
improves liquidity on the shallow bond market, central bank
board member Vladimir Tomsik said.
Story: [] Related news: []
UNIPETROL TO LAUNCH PARAMO SQUEEZE-OUT: Czech refiner
Unipetrol <> plans to squeeze out minority shareholders
in its refinery Paramo, the company said:
Story: [] Related news: []
CZECHS SINPE AT BANK RESCUES: The Czech government slammed
EU countries on Tuesday for writing a blank cheque to their
banks in a quest to overcome the financial crisis and said the
actions taken so far had made euro entry less attractive.
Story: [] Related news: []
CZECH C.BANK TO SUPPORT BOND MARKET: The Czech central bank
(CNB) said on Tuesday it will start repo operations on Wednesday
to supply liquidity and allow domestic government bonds to be
used as collateral, a measure aimed to restart the frozen bond
market.
Story: [] Related news: []
GOVT APPROVES BILL TO RAISE DEPOSIT GUARANTEE: The Czech
government approved a bill raising bank deposit insurance to
50,000 euros from 25,000 on Tuesday, in line with a European
Union plan aimed at boosting confidence in the banking sector.
Story: [] Related news: []
PPI DIPS: Czech industrial producer prices dipped 0.1
percent in September from August, faster than market forecasts,
putting the annual rate at 5.5 percent, from August's 5.7
percent.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2008
Czech Equities <> 1,085.1 0,981.5 +10.56 -40.22
vs Euro <EURCZK=> 24.595 24.560 -0.14 +7.75
vs Dollar <CZK=> 17.974 17.968 -0.12 +1.00
U.S. Equities <> 09,430 09,388 +0.45 -28.91
Pvs close or current levels vs prior domestic close at 1500
======================= PRESS DIGEST===========================
FINMIN HALTS BONDS ISSUES: Finance Ministry and the Czech
central bank (CNB) have agreed the state will halt issuing
government bonds for now, the daily reports, citing unnamed
sources.
Mlada fronta Dnes, page 17
CZECH DEVELOPER LOOKING FOR INVESTOR: The owner of one of
the largest Czech developers Sekyra Group is looking to sell a
25 percent stake to a strategic partner.
Hospodarske Noviny, page 15
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
For Instant Views of key economic data click on
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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;
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E-mail: prague.newsroom@reuters.com
(Compiled by Jana Mlcochova)
