PRAGUE, Dec 2 (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 + 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 - Finance Ministry to hold a news conference on
Funding and Debt Mangement Strategy for 2011 and detailed
calendar for the issuance of domestic state bonds in the first
quarter of 2011 at 1000 GMT.
Related news: []
PRAGUE - 52-week T-bill auction.
Related news: []
PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
Related news: []
============================TOP NEWS==========================
CZECH RATES TOO LOW BUT NO CHANGE SEEN YET: Czech interest
rates are too low and pose a long-term risk but are unlikely to
move higher any time soon, two central bankers said on
Wednesday.
Story: [] Related news: []
C.BANKER AGAINST TAKING PART IN FUTURE EU AID SCHEME: Czech
miner New World Resources <NWRS.L> <NWRSsp.PR> walked away from
a 3.43 billion zloty ($1.1 billion) bid for Polish coal group
Bogdanka <LWBP.WA> on Tuesday after failing to win enough
shareholder support.
Story: [] Related news: []
REZABEK WOULD NOT SUPPORT EURO ENTRY: Czech central bank
board member Pavel Rezabek would not support the country's
application to join the euro zone, he said on Thursday.
Story: [] Related news: []
BUDGET DEFICIT DEEPER IN NOV: The Czech central state budget
gap grew by almost 44 billion crowns in November to 140.8
billion crowns ($7.41 billion), the Finance Ministry said on
Wednesday.
Story: [] Related news: []
CEZ TO TAP 10-YR BOND: Czech power group CEZ <>
will tap its 4.5 percent bond due June 2020 at 145-160 basis
points above mid-swaps, Thomson Reuters market service IFR
reported on Wednesday.
Story: [] Related news: []
CEE MARKETS: Hungary's forint and Poland's zloty rebounded
on Wednesday, drawing strength from a pause in the euro's slide
as strong manufacturing data pointed to a continued recovery in
emerging Europe.
Story: [] Related news: []
CEE POWER: Czech day ahead power hit a year high on
Wednesday with freezing temperatures boosting demand even as
more supply from CEZ's Dukovany nuclear power plant was
expected, traders said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
vs Euro <EURCZK=> 24,994 24,943 -0,2 5,03
vs Dollar <CZK=> 19,003 19,034 0,16 -3,41
Czech Equities <> 1,148,5 1,148,5 3,73 2,79
U.S. Equities <> 11,255,78 11,006,02 2,27 7,94
Pvs close or current levels vs prior domestic close at 1500 GMT
=========================PRESS DIGEST==========================
GAS PRICES: E.ON said gas prices would fall by 4.7 percent
in the first quarter of 2011.
Hospodarske Noviny, page 15
BANKS' PROFITS: Czech banks showed a cumulative net profit
of 43.7 billion crowns ($2.30 billion) in the first nine month,
up 9 percent year on year.
Hospodarske Noviny, page 16
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>
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