Czech Republic - Factors To Watch on July 16

                                
 PRAGUE, July 16 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Thursday:
                                
 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 - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
                                
 Related news: [RTRS-CEN-INT-PLCY-CZ]
                                
 
                                
 PRAGUE - 52-week T-bill auction.
                                
 Related news: [RTRS-GVD-DBT-CZ-]
                                
 
=========================TOP NEWS===============================
                                
 ZLOTY, FORINT LEAD RALLY; CROWN SUFFERS
                                
 Poland's stabilising outlook and Hungary's high yields
propped up the zloty and the forint during a global rally on
Wednesday, but strong performer Czech crown was choked by this
week's disappointing data.
                                
 story [ID:nLF88624] related news [RTRS-FRX-MMT-CZ]
                                
 
                                
 JUNE INDUSTRIAL PPI SHOWS RECORD DROP
                                
 Czech industrial producer prices were flat in June when
compared with the previous month and showed an annual decline of
4.4 percent, the biggest drop since 1991, when records started.
                                
 story [ID:nLF346019] related news [RTRS-MCE-ECI-CZ-LEN]
                                
 
---------------------- MARKET SNAPSHOT -----------------------
Index/Crown Currency  Latest    Prev    Pct change  Pct change
                                
                             close     on day      in 2009
Czech Equities <.PX>    0       949.7       0         -100
vs Euro   <EURCZK=>    25.87    25.867     0.01       -3.3
vs Dollar    <CZK=>    18.36    18.352     0.04       -3.94
U.S. Equities <.DJI>   8616.21  8359.49    3.07       -1.83
Pvs close or current levels vs prior domestic close at 1500

=========================PRESS DIGEST=========================
                                
 ARCELORMITTAL TO CONCLUDE OSTRAVA DEAL IN JULY
                                
 World's biggest steel maker ArcelorMittal [ARCMT.UL] said it
expected to conclude the planned purchase of 11 percent stake in
Ostrava steel mills from the Czech government for some 339
million euros by the end of July.
                                
 Mlada Fronta Dnes, page B4
                                
 
                                
 DRAW IN SENATE DEBATE ON CO2 SCHEME
                                
 A debate in two key Czech Senate committees on the 70
billion-crown carbon dioxide allowance scheme ended in a draw as
the environmental committee agreed to send it back to MPs, while
the business committee wants to push it forward. Critics claim
the draft is tailored to the needs of CEZ <CEZPsp.PR>.
                                
 E15, page 6
                                
 
                                
 CONSTRUCTION LOANS VOLUME DOWN 14 PCT Y/Y
                                
 Czech construction savings banks reported a 14 percent
year-on-year drop in loans in the first six months of the year
to 32.4 billion crowns.
 E15, page 7
                                
 
                                
 TEMELIN'S UNIT 2 RECONNECTED
                                
 Czech nuclear power plant Temelin <CEZPsp.PR> reconnected
its Unit 2 to the grid early on Wednesday after the regular
three-month shutdown to replace fuel.
                                
 E15, page 8
                                
 
                                
 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: Mike Winfrey on +420 224 190 474;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
  (Compiled by Martin Santa)