August 23, 2019 / 6:48 AM / 3 months ago

Czech Republic - Factors To Watch on Aug 23

    PRAGUE, Aug 23 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Friday.
    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 NEGOTIATIONS: The finance and social affairs
ministers will meet to try reach a deal on 2020 financing. The
Social Affairs Ministry demands an extra 11 billion crowns 
($472.29 million). The fight has been a test of the two-party
government coalition, with the Finance Ministry led by the ANO
party and the Social Affairs Ministry held by the Social
Democrats. 0830 GMT.
    SOCIAL DEMOCRATS MEET: Party leadership meets to discuss a
recent agreement to replace its culture minister. Some regional
representatives demand the party leave the government. 1300 GMT.
    Us defence deal: The Czech Republic will buy 12 military
helicopters from U.S. maker Bell in a deal priced at 14.5
billion crowns ($622 million), Defence Minister Lubomir Metnar
said on Thursday.
    CEE MARKETS: Central Europe's currencies moved sideways on
Thursday as markets looked for clarity over the U.S. interest
rate outlook, while shares in Czech artificial textile maker
PFNonwovens           fell to a 4-1/2-year low after a poor
second quarter.
    EUROPE POWER: German prompt power prices firmed in wholesale
market trading on Thursday as wind volumes looked set to fall,
while forward contracts sagged along with weaker coal and carbon
    Prague Newsroom: +420 224 190 477

($1 = 23.2910 Czech crowns)

 (Reporting by Prague Newsroom)
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