Czech Republic - Factors To Watch on Aug 6

                                
 PRAGUE, Aug 6 (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 Czech currency.............................[CZK/]

==========================EVENTS================================
                                
 PRAGUE - Komercni Banka <BKOMsp.PR> to release H1 results at
0800 GMT, press conference at 1100 GMT and conference call at
1400 GMT. Net profit estimate 6.04 billion crowns ($389.3
million) in a Reuters poll.
====================== TOP NEWS ================================
                                
PRAGUE BOURSE MAY BE FOR SALE: A majority stake in the Prague
Stock Exchange (PSE) may be for sale, the public Czech
Television reported on Tuesday.
                                
Story: [ID:nL5199348 ]  Related news: [RTRS-LEN-CZ-MRG]
                                
 
                                
NORDEA BETS ON TURKISH LIRA VS CROWN: Investors should
consider shorting the Czech crown against the Turkish lira,
taking advantage of the expected weakening of the Czech
currency, Nordea Markets said on Tuesday.
                                
 Story: [ID:nL5701815]  Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CROWN DIPS: The Czech crown dipped in Tuesday morning trade,
extending losses from last week as some investors expect an
interest rate cut on Thursday and the U.S. dollar firms.
                                
 Story: [ID:nL5598663] Related news: [RTRS-LEN-CZ-FRX]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,442.3  1,440.0   +0.16        -20.54
 vs Euro     <EURCZK=>  23.995   23.990   -0.02        +10.44
 vs Dollar      <CZK=>  15.431   15.504   +0.47        +17.75
 U.S. Equities  <.DJI>  11,616   11,284   +2.94        -12.43
 Pvs close or current levels vs prior domestic close at 1500
====================== PRESS DIGEST ===========================

                                
 ERSTE ACQUISITION PLANS: Erste Bank <ERST.VI> <ERSTsp.PR>
could make an acquisition in Hungary but it is unlikely to buy
in Austria, the Czech Republic, Slovakia, and Romania as its
market share is already big enough in these countries, Erste's
CEO said in an interview.
                                
  Hospodarske Noviny, page 14
                                
 
                                
 LISBON TREATY: Leading governing party ODS could support the
Lisbon treaty in the Senate if Ireland changed its vote, Senate
chairman Premysl Sobotka said after a meeting with President
Vaclav Klaus.
                                
 Pravo, page 2
                                
   
                                
 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 +420 224 190 477;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
 (Compiled by Jana Mlcochova)