Czech Republic - Factors To Watch on July 8

                                
 PRAGUE, July 8 (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 - June foreign exchange reserves data at 0800 GMT.
                                
 Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 PRAGUE - Q2 government debt duration data at 1200 GMT.
                                
 Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 LUXEMBURG - Developer Orco Property Group <ORCOsp.PR> to
hold a shareholders' meeting.
                                
 Related news: [RTRS-LEN-CZ-REA]
=======================MORNING NEWS=============================
                                
 DALKIA DEAL: French water utility Veolia Environment
<VIE.PA> plans to sell a 30 percent stake in its Czech unit
Dalkia, daily Hospodarske Noviny reported on Wednesday, citing
Dalkia's board chairman.
                                
 Story: [ID:nL8453077] Related news: [RTRS-LEN-CZ-MRG]
=========================TOP NEWS===============================
                                
 CEE FX TEST KEY LEVELS: Central European currencies edged up
on Tuesday after data in the Czech Republic and Hungary sent
mixed signals but they stayed in tight ranges after a shift in
risk appetite failed to push them beyond key support levels.
                                
 Story: [ID:nL7614063] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 FOREIGN TRADE: The Czech foreign trade posted an 11.71
billion crown ($629.7 million) surplus in May, marginally above
analysts' forecasts in a Reuters poll, data showed.
                                
 Story: [ID:nL7460725] Related news: [RTRS-LEN-CZ-MCE]
                                
 
                                
 RON/PLN TRADE IDEA: ING bank recommended on Tuesday to sell
leu/zloty six-month forward contracts, as it expects the
Romanian economy to shrink further, and said the zloty was still
cheap in comparison to Poland's better fundamentals.
                                
 Story: [ID:nL7631883] Related news: [RTRS-LEN-CZ-FRX]

=========================PRESS DIGEST===========================
                                
 FLOOD BONDS: Czechs could received 3-4 billion crowns next
months for flood damage relieve through selling government bonds
to the European Investment Bank, Finance Minister Eduard Janota
said.
                                
 Pravo, page 15
                                
 
                                
 FUNDS: Net outflow from money market funds was "only" 11.7
million crowns ($621,600) in June, compared with 1.2 billion
crowns in March. A net outflow from stock funds was 10.7 million
crowns in June after months of net inflows.
                                
 Hospodarske Noviny, page 19
                                
 
                                
 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 Jana Mlcochova)