May 20, 2019 / 6:59 AM / 7 months ago

Czech Republic - Factors To Watch on May 20

    PRAGUE, May 20 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Monday.
    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: 
     BUDGET: The Finance Ministry due to hold a news conference
on the 2020 budget. (0800 GMT)
    STEEL: The Czech state should buy ArcelorMittal's        
Czech plant instead of the steelmaker selling it to investor
Liberty House, Czech Prime Minister Andrej Babis was quoted as
saying on Monday.
    OIL: Czech refiner Unipetrol will start drawing the second
batch of an emergency crude oil loan from state reserves
overnight, the reserves administration chief Pavel Svagr said on
    POWER: Swiss electricity producer Alpiq          has agreed
to sell its two Czech coal-fired power stations to the Czech
Republic's Sev.en Energy for around 280 million euros ($313
million), the companies said on Friday.
    M&A: EP Logistics International, part of the EPH group, has
agreed to acquire 100% stake in Germany's transport company
LOCON Logistik & Consulting, the Czech firm said on Friday.
    CEE MARKETS: The Hungarian forint hit a 9-month-low against
the euro on Friday due to concerns of a potential further rise
in inflation if the central bank maintains its record-low base
---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                    close    on day     in 2019
 vs Euro                   25.768     25.752    -0.06    -0.28
 vs Dollar                 23.105     23.063    -0.18    -3.08
 Czech Equities         1,050.75   1,050.75     -0.08     6.51
 U.S. Equities         25,764     25,862.68     -0.38    10.44
 Pvs close or current levels vs prior domestic close at 1500 GMT
==========================PRESS DIGEST==========================
    AMAZON: Unions in Amazon's Czech distribution centre near
Prague have started collecting signature for a strike threat
after wage talks broke down.
    E15, page 4    
  (Reuters has not verified the stories, nor does it vouch for
their accuracy.)           
    Prague Newsroom: +420 224 190 477

 (Reporting by Prague Newsroom)
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