Czech Republic - Factors To Watch on Oct 16

Doosan Bobcat

16/10/2019 07:55

PRAGUE, Oct 16 (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 
    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========================
    RATES: Government spending has helped boost the Czech
economy, but there are concerns that possible further weakening
in external markets could hinder growth, central bank board
member Tomas Holub said on Tuesday.
     urn:newsml:reuters.com:*:nL5N2702IL
    
    RATES: The Czech central bank still has room to hike
interest rates, board member Vojtech Benda said on Tuesday,
adding nothing has changed in his eyes since the Sept. 25 policy
meeting where he supported tighter policy.
     urn:newsml:reuters.com:*:nS8N23I003
        
    CEE MARKETS: Hungary's forint was the biggest faller in
central Europe on Tuesday while the Polish zloty pulled back
from an 11-week high as uncertainty over a possible Brexit deal
and U.S.-China trade talks kept investors cautious.
     urn:newsml:reuters.com:*:nL5N2703FH
    
    EUROPE POWER: A forecast surge in electricity generation
from wind turbines weighed on European day-ahead power prices in
wholesale trade on Tuesday, while the benchmark year-ahead
delivery contract rose to a two-week high, buoyed by gains in
carbon. 
     urn:newsml:reuters.com:*:nL5N2702GN
---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                    close    on day     in 2019
 vs Euro     EURCZK=       25.785     25.772   -0.05     -0.34
 vs Dollar      CZK=       23.336     23.361    0.11     -4.11
 Czech Equities  .PX    1,020.39   1,020.39     0.09      3.43
 U.S. Equities  /.DJI  27,024.8   26,787.36     0.89     15.85
 Pvs close or current levels vs prior domestic close at 1500 GMT
   

===========================PRESS DIGEST=========================
    MORTGAGES: The average mortgage interest rate dropped to
2.47% in September from 2.61% in August, data from Hypoindex
showed.
    Pravo, page 18
    
    ARMY: The Defence Ministry postpones expected date of
signing a contract on 210 fighting military vehicles to the
first half of 2020 from this year. The deal, estimated worth
around 50 billion crowns ($2.14 billion), is the largest since
the country emerged from communist rule 30 years ago.
    Hospodarske Noviny, page 7        
    
   (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 = 23.3360 Czech crowns)

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