Czech Republic - Factors To Watch on June 4

Philip Morris CR as

04/06/2015 07:21

PRAGUE, June 4 (Reuters) - Here are news stories, press 
reports and events to watch which may affect Czech financial 
markets on Thursday.  
        
    ALL TIMES GMT (Czech Republic: GMT + 2 hours)          
=========================ECONOMIC DATA======================== 
    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 - Czech central bank governing board to hold a 
regular weekly meeting. It is not scheduled to discuss monetary 
policy issues. 
    Related news:  RTRS-LEN-CZ-CEN         
===========================NEWS================================  
   
    PRESIDENT: The Czech government approved a plan on Wednesday 
to limit the powers of the presidency that the incumbent, Milos 
Zeman, condemned as "absurd". 
    Story:  ID:nL5N0YP3A7  Related news:  RTRS-LEN-CZ-POL  
     
    SMOKING: The Czech government approved a draft bill to ban 
smoking in restaurants and bars and move the country into line 
with restrictions in place in much of the European Union. 
    Story:  ID:nL5N0YP365  Related news:  RTRS-LEN-CZ-CIGS  
     
    CEZ SHARES: Czech utility CEZ's  CEZP.PR  chief financial 
officer earned 5.55 million crowns ($224,724) on the sale of 
company shares, regulatory filings with the central bank showed 
on Wednesday. 
    Story:  ID:nL5N0YP297  Related news:  RTRS-LEN-CZ-STX  
     
    CEE FX POLL: Central Europe's economic growth and stability 
are likely to help the zloty and the forint recover soon from 
recent falls and strengthen against the euro in the next 12 
months, a Reuters poll of 32 analysts showed on Wednesday. 
    Story:  ID:nL5N0YP2NR  Related news:  RTRS-LEN-CEEU-FRX  
     
    CEE MARKETS: Government debt yields surged and currencies 
eased in Central Europe on Wednesday as a rise of Bunds yields 
fuelled fears that a sell-off may continue in euro zone bond 
markets. 
    Story:  ID:nL5N0YP3ZW  Related news:  RTRS-LEN-CEEU-FRX  
 
    CEE POWER: Forecasts for a steep drop in wind production in 
the region sent Czech and Slovak day-ahead power higher on 
Wednesday while more import capacity and the return of a nuclear 
reactor weighed down Hungarian and Romanian spot prices, traders 
said. 
    Story:  ID:nL5N0YP3FX  Related news:  RTRS-LEN-CEEU-NRG  
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency    Latest     Prev   Pct change Pct change 
                                    close    on day     in 2015 
 vs Euro     EURCZK=      27.45      27.393    -0.21       0.73 
 vs Dollar      CZK=      24.385     25.567     4.62      -6.8 
 Czech Equities  .PX   1,017.31   1,017.31     -0.22       7.46 
 U.S. Equities  .DJI  18,076.27  18,011.94      0.36       1.42 
 Pvs close or current levels vs prior domestic close at 1500 GMT 
=======================PRESS DIGEST============================ 
    NUCLEAR POWER: The cabinet, as expected, approved a new 
nuclear power strategy, although the plan does not touch on the 
main sticking point of how it will finance planned new blocks.  
    Two options exist: that majority state-owned utility CEZ 
 CEZP.PR  builds the blocks alone or forms a consortium with a 
selected supplier or investor. The government plans a study by 
the end of the year to look at the best financing model. 
    Mlada Fronta Dnes, page A8; E15, page 2 
     
    BANKS: The chief executive of the country's fifth largest 
lender Raiffeisenbank  RBIV.VI  said the bank should aim for 
annual profit of around 3 billion crowns, up from around 2 
billion last year. 
    Lidove Noviny, page 12 
     
    TOURISM: In the first quarter, 1.1 million tourists visited 
the capital Prague, a rise of 70,000 from the year before. 
    Hospodarske Noviny, page 15 
     
    OUTLOOK: The OECD raised its 2015 growth forecast to 3.1 
percent from 2.3 percent for the Czech Republic. 
    Hospodarske Noviny, page 6 
     
    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: Jason Hovet on +420 224 190 476 
    E-mail: prague.newsroom@thomsonreuters.com 
 
 (Reporting by Prague Newsroom) 
 ((prague.newsroom@thomsonreuters.com)(+420  224 190 
477)(Reuters Messaging: 
jan.lopatka.thomsonreuters.com@reuters.net)) 
 
Keywords: CZECH FACTORS/