Czech Republic - Factors To Watch on June 9

                                
 PRAGUE, June 9 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Tuesday:
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)

======================== ECONOMIC DATA ========================
                                
 Q1 gross domestic product at 0700 GMT.
                                
 May inflation 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 - EU - Nigeria Ministerial Meeting (Troika) with
attendance by Czech Foreign Minister Jan Kohout, Nigerian
Foreign Minister Ojo Maduekwe and Swedish State Secretary to the
Minister for Trade Gunnar Wieslander. News conference at 1230
GMT.
                                
 Related news: [RTRS-LEN-CZ-DIP]
                                
 
=========================TOP NEWS===============================
                                
 2010 DEFICIT LIMIT: The Czech government has agreed to
present a 2010 budget that will keep the country's fiscal gap at
up to 5 percent of gross domestic product, Prime Minister Jan
Fischer said.
                                
 Story: [ID:nL8600026] Related news: [RTRS-LEN-CZ-GVD]
                                
 
                                
 TRADE SURPLUS FROM LOW IMPORTS: Czech foreign trade showed a
bigger than expected surplus in April, although plunging exports
and imports highlighted how much the country's manufacturing
sector has suffered due to shrinking foreign demand.
                                
 Story: [ID:nL8443842] Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 CEE FX STEADY: Central European currencies held steady on
Monday, stabilising from last week's sharp losses although
nerves stayed up as markets looked to developments in Latvia's
battle to hold its currency peg.
                                
 Story: [ID:nL8419803] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 EP RIGHT FACTION: A new rightist European Parliament faction
will have over 60 members and be set up by the end of June,
bringing together parties from Britain, Poland, the Czech
Republic and other countries, Czech right-wingers said.
                                
 Story: [ID:nL81000987] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 RWE UPS CZECH STORAGE: The Czech unit of Germany's RWE
<RWEG.DE> plans to raise gas storage capacity in the Czech
Republic by up to a third by 2013, the company said.
                                
 Story: [ID:nL8514339] Related news: [RTRS-LEN-CZ-NGS]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities  <.PX>   940.5    940.5   +0.00          N/A 
 vs Euro     <EURCZK=>  26.910   26.910   +0.00         -0.45
 vs Dollar      <CZK=>  19.368   19.348   -0.14         -1.37
 U.S. Equities  <.DJI>   8,764    8,763   +0.02         -0.14
 Pvs close or current levels vs prior domestic close at 1600 GMT

=========================PRESS DIGEST===========================
                                
 PENSION FUND WOES: Some pension funds have more liabilities
to clients than total assets, the paper reported, saying the
total gap for the industry is estimated at 5.9 billion crowns
($302.1 million).
                                
 Hospodarske Noviny, page 1
                                
 
                                
 GLOBAL INFLATION: Global inflation will be on the rise after
the crisis subsides, but timing the end of expansionary monetary
policy is always difficult, Czech central bank Vice-Governor
Miroslav Singer said.
                                
 E15, page 14
                                
 
                                
 GREEN LEADER RESIGNS: The head of the Greens, Martin Bursik,
resigned following a poor showing in European Parliament
elections over the weekend.
                                
 Mlada Fronta Dnes, page A1
                                
 
                                
 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)