Czech Republic - Factors To Watch on June 8

                                
 PRAGUE, June 8 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Monday:
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)

======================== ECONOMIC DATA ========================
                                
 April foreign trade data at 0700 GMT.
                                
 May unemployment data at 0700 GMT.
                                
 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 - The Czech cabinet to hold a session. News
conference due to at 0930 GMT.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
=========================TOP NEWS===============================
                                
 EX-RULING PARTY WINS EU POLLS: Czech Republic's right-wing
Civic Democrats scored a strong victory over their main leftist
rivals in the European Parliament election but low turnout
offered no clear clues on the likely outcome of national polls
in October.
                                
 Story: [ID:nL774080] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 CARETAKER GOVT GETS CONFIDENCE: The Czech lower house of
parliament approved the new interim cabinet in a confidence vote
on Sunday, giving it a mandate to lead the central European
country until an early election in October.
                                
 Story: [ID:nL7695259] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 CEE FX STAY UNDER PRESSURE: The Polish zloty hit a five-week
low on Friday and central European currencies extended a drop
against the euro with investors watching to see whether Latvia
will be able to avoid devaluing its lat currency.
                                
 Story: [ID:nL5528606] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 NEXT RATE MOVE UNCERTAIN -TUMA: Czech central bank chief
Zdenek Tuma said the next interest rate move would depend on
developments.
                                
 Story: [ID:nL5431154] Related news: [RTRS-LEN-CZ-CEN]
                                
 
                                
 AVG REAL WAGE FLAT: The average Czech real monthly wage rose
0.3 percent year-on-year from January to March, decelerating
from the previous quarter, data showed on Friday.
                                
 Story: [ID:nL5259114] Related news: [RTRS-LEN-CZ-ECI]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities  <.PX>   951.0    951.0   +0.00          N/A 
 vs Euro     <EURCZK=>  27.020   27.020   +0.00         -0.85
 vs Dollar      <CZK=>  19.340   19.218   -0.57         -1.13
 U.S. Equities  <.DJI>   8,763    8,750   +0.15         -0.15
 Pvs close or current levels vs prior domestic close at 1600 GMT

=========================PRESS DIGEST===========================
                                
 SCRAPPING SUBSIDY: Introduction of a car scrapping subsidy
could be introduced by the turn of the year, Industry Minister
Vladimir Tosovsky said.
                                
 Hospodarske Noviny, page 17
                                
 
                                
 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 Jason Hovet)