Czech Republic – Factors To Watch on July 26

    PRAGUE, July 26 (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....................        
    Summary of economic data and forecasts...........           
    Recently released economic data..................           
    Previous stories on Czech data.............                 
  **For a schedule of corporate and economic events: 
    here#/2E/events-overview
    
=========================NEWS===================================
        
    ECONOMY: Central and Eastern Europe faces the end of an
economic era. With employment rates at record highs, and workers
demanding wages closer to western levels, the cheap-labour model
that has driven growth since the fall of communism is on the way
out.
    Story:              Related stories:                    
    
    ARMS INDUSTRY: During the last days of the Cold War in 1988,
Czechoslovakia's Aero Vodochody's factory outside Prague
produced a record 250 of its Albatros L-39 training jets for
Soviet bloc air forces.
    Those customers disappeared with the collape of Communism as
successive governments focused on building a market economy and
steered away from arms exports, sending the industry into a
tailspin. Numerous comeback attempts sputtered for Aero, which
halted jet production between 2003 and 2015.
    Now a growing number of conflicts around the world is
helping to fuel demand for arms, providing Czech firms an
opportunity to sell to customers looking for a supplier from a
country that does not usually impose political strings.
    Story:              Related stories:                       
    
    MOODY'S: Ratings agency Moody's says Czech Republic's lower
debt, more stable politics support stronger credit profile
relative to Poland.
    Story:              Related stories:                  
    
    CME: Broadcaster Central European Media Enterprises (CME)
                   confirmed its 2017 core profit growth
outlook. 
    Story:              Related stories:                     
 ** For a story on Q2 results:             
 ** For a news on its outlook:             
    
    BREXIT: British courts should protect the rights of European
Union citizens living in the country after it leaves the bloc,
Brexit minister David Davis said on Tuesday, defending Britain's
rejection of the EU's position. 
    Story:              Related stories:                     
    
    CEE MARKETS: The zloty steadied on Tuesday following recent
jitters prompted by political wrangling over reforms which
increase Poland's right-wing government's influence over the
judiciary.
    Story:              Related stories:                    
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                    close    on day     in 2017
 vs Euro                  26.037     26.016    -0.08      3.59
 vs Dollar                22.363     22.239    -0.56     12.81
 Czech Equities        1,015.13   1,015.13      0.74     10.15
 U.S. Equities        21,613.43  21,513.17      0.47      9.37
 Pvs close or current levels vs prior domestic close at 1500 GMT
          
======================PRESS DIGEST============================
    E-SHOPS: Revenue for Czech online retailers is estimated to
pass 100 billion crowns ($4.47 billion) this year for the first
time.
    Hospodarske Noviny, page 1
    
  (Reuters has not verified the stories, nor does it vouch for
their accuracy.)
                       
 For real-time stock market index quotes click in brackets: 
 Warsaw WIG20           Budapest BUX        Prague PX       
 For updates on CEE currencies                             
 TOP NEWS -- Emerging markets                               
 
    Prague Newsroom: +420 224 190 477
    E-mail: prague.newsroom@thomsonreuters.com


($1 = 22.3630 Czech crowns)

 (Reporting by Prague Newsroom)
  

Leave a Reply

Your email address will not be published. Required fields are marked *

*

five + 6 =