PRAGUE, Nov 2 (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 + 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 -The lower house of parliament to continue a session,
to debate 2011 budget cuts.
Related news: []
============================TOP NEWS==========================
FINMIN UPS 2010 GROWTH FCAST, CUTS DEFICIT: The Czech
Finance Ministry raised on Monday its outlook for economic
growth this year but cut the 2011 forecast, citing planned
fiscal consolidation and a slowdown abroad as the main reasons
for the reduction.
Story: [] Related news: []
BUDGET GAP NARROWS IN OCT: The Czech central state budget
gap narrowed by almost 3 billion crowns in October to 96.7
billion crowns ($5.52 billion), the Finance Ministry said on
Monday.
Story: [] Related news: []
KOMERCNI EARNINGS POLL:Czech lender Komercni Banka
<> is expected to post a 17.8 percent rise in
third-quarter net profit as bad-loan provisions fall in a
recovering economy, a Reuters poll showed on Monday.
Story: [] Related news: []
PMI DIPS: The Czech Purchasing Managers' Index (PMI) dipped
in October from a three-month high, falling to 57.2 but holding
above the breakeven point for a 12th straight month.
Story: [] Related news: []
EVRAZ SETTLES DISPUTE WITH ARCELORMITTAL: Russian steel
maker Evraz <HK1q.L> said on Mondy it has reached an agreement
with ArcelorMittal [] over prices of raw materials for
its Czech operation.
Story: [] Related news: []
CEE POWER: Czech spot power dipped on Monday and declined
further later in the week as wind generation was expected to
ramp up and warmer weather rolled through the region, traders
said.
Story: [] Related news: []
CEE MARKETS: Demand at a Romanian treasury bill sale on
Monday rose thanks to the IMF's positive assessment of the
country's aid deal, while emerging Europe was mixed in holiday
trade with eyes fixed on the U.S. Federal Reserve.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
vs Euro <EURCZK=> 24,471 24,498 0,11 7,02
vs Dollar <CZK=> 17,558 17,627 0,39 4,46
Czech Equities <> 1,157,5 1,157,5 0,13 3,6
U.S. Equities <> 11,124,62 11,118,49 0,06 6,68
Pvs close or current levels vs prior domestic close at 1500 GMT
=========================PRESS DIGEST==========================
STRIKE THREAT: Trade unions threatened to go on a one-hour
warning strike because the government remained intransigent in
Monday's talks and rejected their proposals regarding planned
wage cuts. Trade unions want the government to abandon a plan to
change public sector remuneration system in such a way that any
wage increases are based on merit and not seniority as so far.
Hospodarske Noviny, page 1
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>
For real-time stock market index quotes click in brackets:
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