Czech Republic - Factors To Watch on Oct 15 (updated)

Doosan Bobcat

15/10/2019 07:58

(Add industry minister on nuclear power in Press Digest)
    PRAGUE, Oct 15 (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==========================
    Real-time economic data releases.................... ECONCZ 
    Summary of economic data and forecasts........... CZ/ECON01 
    Recently released economic data.................. CZ/ECON15 
    Previous stories on Czech data............. CZ-RTRS-LEN-ECI 
  **For a schedule of corporate and economic events: 
    http://emea1.apps.cp.thomsonreuters.com/Apps/CountryWeb/#/2E/events-overview
    
============================NEWS/EVENTS========================
    TURKEY: The Czech Republic joined other European Union
countries on Monday in halting weapons and ammunition sales to
Turkey over its offensive in northern Syria, Interior Minister
Jan Hamacek said on his Twitter account.
     urn:newsml:reuters.com:*:nL2N26Z0P9
 ** EU governments limit arms sales to Turkey but avoid embargo 
     urn:newsml:reuters.com:*:nL5N26Z1H9
    
    BANKS: A part of the Czech banking sector expects tighter
credit conditions for mortgages and consumer loans in the fourth
quarter amid a slight increase for home purchase loans, a
central bank survey summary showed on Monday.
     urn:newsml:reuters.com:*:nS8N1ZZ02R
  
    SLOVAKIA: Slovakia on Monday approved a 2020 budget with a
deficit of 0.49% of gross domestic product after slowing
economic growth forced the government to delay plans to balance
public finances by two years to avoid spending cuts.
     urn:newsml:reuters.com:*:nL5N26Z1WE
    
    BORDER: Afghan suspected of killing one, wounding another in
Austria knife attacks
     urn:newsml:reuters.com:*:nL5N26Z5LU
    
    C/A BALANCE: The Czech current account showed a deficit of
10.7 billion crowns ($456.60 million) in August, narrower than
expected, central bank data showed on Monday.
     urn:newsml:reuters.com:*:nP7N22W029
    
    CEE MARKETS: Polish bond prices edged up and the zloty moved
sideways on Monday after the ruling nationalist Law and Justice
(PiS) party won a majority in a parliamentary election, avoiding
any surprises for investors.
     urn:newsml:reuters.com:*:nL5N26Z1HO
    
    EUROPE POWER: Stronger demand and a forecast fall in German
wind power generation drove slight gains in European spot
electricity prices for next day delivery on Monday. 
     urn:newsml:reuters.com:*:nL5N26Z1UM
    
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                    close    on day     in 2019
 vs Euro     EURCZK=       25.811     25.817    0.02     -0.44
 vs Dollar      CZK=       23.363     23.412    0.21     -4.23
 Czech Equities  .PX    1,019.52   1,019.52     0.59      3.34
 U.S. Equities  /.DJI  26,787.36  26,816.59    -0.11     14.83
 Pvs close or current levels vs prior domestic close at 1500 GMT
    
===========================PRESS DIGEST=========================
    NUCLEAR: Industry Minister Karel Havlicek declined to
estimate expected costs of building new nuclear power units in
an interview with the newspaper, saying the investment model
still needs to be agreed.
    He said talks with majority state-owned utility CEZ
 CEZP.PR  on a contract for future construction was moving
according to plan.
    Havlicek also said one scenario for the country's future
energy mix would be to leave a small share of coal power as a
safeguard.
    Mlada Fronta Dnes, page 11
    
    DOOSAN BOBCAT: Construction equipment maker Doosan Bobcat
 241560.KS  is shifting its EMEA headquarters to its Czech plant
outside of Prague from Belgium. It invested 250 million crowns
($10.68 million) into a new building for 200 people. 
    About half of its global production is made in the Czech
Republic.
    Hospodarske Noviny, page 12
    
    SOCCER: Qatar Airways is considering sponsorship of Slavia
Prague football club, according to unnamed sources.
    Lidove Noviny, page 1
    
   (Reuters has not verified the stories, nor does it vouch for
their accuracy.)
        
    Prague Newsroom: +420 224 190 477
    E-mail: prague.newsroom@thomsonreuters.com



($1 = 23.4030 Czech crowns)

 (Reporting by Prague Newsroom)
 ((prague.newsroom@thomsonreuters.com
+420 224 190 477))