PRAGUE, Jan 12 (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 + 1 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 Czech cabinet to hold a session
(www.vlada.cz/en/default.htm). News conference to follow.
Related news: []
PRAGUE - 8-year government bond auction <CZ1002331=>.
Related news: []
=============================TOP NEWS===========================
GRID INVESTMENT: Czech high voltage power grid operator CEPS
said on Tuesday it planned to invest 4.5 billion crowns ($237
million) annually in the coming years to upgrade the network.
Story: [] Related news: []
RETAIL UP ON CARS: Czech retail sales rose by 5.0 percent
year-on-year in November, double the analysts' forecast, data
showed on Tuesday.
Story: [] Related news: []
CROWN HITS HIGH: The Czech crown <EURCZK=> firmed to a
two-month high against the euro on Tuesday, gaining with other
central European currencies as investors bought up regional
assets.
Story: [] Related news: []
CEE MARKETS: The zloty jumped on Tuesday, leading Central
European currencies higher after a Polish central banker said
interest rates should be raised, fuelling expectations that the
bank is set to launch monetary tightening.
Story: [] Related news: []
CEE POWER: More wind capacity and warmer temperatures
following a prolonged cold spell supported Czech day-ahead power
on Tuesday while higher gas prices boosted contracts further
along the curve, traders said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
vs Euro <EURCZK=> 24.424 24.467 0.18 2.3
vs Dollar <CZK=> 18.791 18.935 0.76 -0.66
Czech Equities <> 1,229.9 1,229.9 1.24 0.42
U.S. Equities <> 11,671.88 11,637.45 0.3 0.82
Pvs close or current levels vs prior domestic close at 1500 GMT
==========================PRESS DIGEST=========================
SEARCH SHARE: Web search engine Google became the most
visited site in the Czech Republic with a 50.66 percent share,
according to Toplist data, topping Czech site Seznam.cz, which
dropped to 48.63 percent, for the first time.
Hospodarske Noviny, page 1
SAZKA: Indebted lottery group Sazka's largest shareholder,
the Czech Sports Association (CSTV), meets today and is expected
to support Sazka's general director despite new pressure by the
education minister to sack him for fresh management.
The group's largest creditor, real estate investor Radovan
Vitek, bought another 500 million crowns ($26.51 million) of
Sazka debt from finance and banking group J&T. He now owns 1.45
billion in Sazka debt.
Hospodarske Noviny, page 1, 13
CENTRAL BANK RESULTS: The Czech central bank ended 2010 with
a 9.7 billion crown loss after a 18.5 billion crown profit the
year before.
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
[]
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:
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News editor of the day: Jan Lopatka on +420 224 190 474;
fax: +420 224 229 935
E-mail: prague.newsroom@reuters.com
