Czech Republic - Factors To Watch on Oct 10

Philip Morris CR as

10/10/2018 06:52

PRAGUE, Oct 10 (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=========================
    CENBANK: Czech consumer prices in September fell the most on
a monthly basis since 2015 due to deep discounts for holiday
tours and train tickets, a small respite from inflationary
pressures that continue to keep rate hikes in the cards.
    After the data, central bank Vice-Governor Mojmir Hampl -
viewed as the biggest proponent of steady rate hikes but whose
final term on the Czech National Bank's seven-member board ends
soon - said there was little reason to change his view.
     urn:newsml:reuters.com:*:nL8N1WP1BW    
    
    MEDIA: Czech media group Mafra, part of the business empire
founded by Prime Minister Andrej Babis, has agreed to buy Bauer
Media Group's local publishing business, the companies said on
Tuesday.
     urn:newsml:reuters.com:*:nL8N1WP4AX
    
    BONDS: The Czech Finance Ministry will limit bond auctions
for the rest of the year due to an expected balanced budget for
2018, and after sufficient borrowing earlier this year to meet
its financing needs, the ministry said on Tuesday.
     urn:newsml:reuters.com:*:nL8N1WP2AO
    
    CEE MARKETS: Hungary's 10-year government bond yield jumped
to a 3-year high on Tuesday as U.S. and Bund yields rose and
Hungary's annual inflation rate increased to its highest level
since early 2013.
     urn:newsml:reuters.com:*:nL8N1WP2HO   
    
    EUROPE POWER: European forward power prices fell on the
wholesale market on Tuesday afternoon as carbon emissions
prices, which have a big influence especially on Germany's
electricity sector, slid.
     urn:newsml:reuters.com:*:nL8N1WP5B3
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                    close    on day     in 2018
 vs Euro     EURCZK=      25.805     25.806    0         -1.09
 vs Dollar      CZK=      22.405     22.455    0.22      -5.3
 Czech Equities  .PX   1,095.78   1,095.78     0.03       1.63
 U.S. Equities  .DJI  26,430.57  26,486.78    -0.21       6.92
 Pvs close or current levels vs prior domestic close at 1500 GMT
    
======================PRESS DIGEST==============================
    TOBACCO: Cigarette pack prices will rise around 1 crown 
($0.04) due to higher costs from a European Union directive
requiring codes to counter smuggling.
    Pravo, 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 = 22.4030 Czech crowns)

 (Reporting by Prague Newsroom)
 ((prague.newsroom@thomsonreuters.com
+420  224 190 477
Reuters Messaging: jason.hovet.thomsonreuters.com@reuters.net))