July 22, 2019 / 6:29 AM / 4 months ago

Czech Republic - Factors To Watch on July 22

    PRAGUE, July 22 (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: 
    here
    
============================NEWS/EVENTS========================
    LINET: European hospital and nursing bed maker LINET Group's
shareholders will retain control of the company as it abandons a
two-year search for a financial investor to help fund its
expansion, it said on Sunday.
                
    
    RATING: S&P Says Czech Republic 'AA-/A-1+' Foreign Currency
And 'AA/A-1+' Local Currency Ratings Affirmed; Outlook Stable
                
    
    DEBT: The Czech Republic's gross central government debt
fell on the quarter to 1.713 trillion crowns ($75.24 billion) at
the end of June, the Finance Ministry said on Friday.
                
    
    SLOVAKIA:  United States Steel Corp's       factory in
Slovakia will lay off 2,500 people, or around a fifth of its
workforce, by the end of 2021 as it tries to compete with a glut
of cheap steel imports from non-EU countries, it said on Friday.
                
    
    CEE MARKETS: Central European currencies gained on Friday as
expectations of monetary policy easing by central banks in the
United States and the euro zone undermined both dollar and euro.
                
    
    EUROPE POWER: European baseload electricity prices for
year-ahead delivery rose on Friday on the back of gains in
carbon emissions, coal and other related fuel prices, while
prices for early next week were buoyed by a forecast drop in
conventional power generation.
                 
    
    ROBOTS: For revellers at one Prague megaclub, gone are the
days of being squashed at the bar waiting to get a watered-down
cocktail. Two years after becoming the first to try a robot DJ,
the five-story Karlovy Lazne Music Club has gone a step further
with the launch of a robotic bartender to mix up cocktails,
after its manager was inspired by seeing one in Las Vegas.
                

 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                    close    on day     in 2019
 vs Euro                   25.53      25.525    -0.02     0.65
 vs Dollar                 22.757     22.741    -0.07    -1.53
 Czech Equities         1,067.41   1,067.41      0.33     8.2
 U.S. Equities         27,154.2   27,222.97     -0.25    16.4
 Pvs close or current levels vs prior domestic close at 1500 GMT
        
========================PRESS DIGEST===========================
    BEER: Leading Czech brewery Plzensky Prazdroj paid its
owner, Asahi of Japan, 4.4 billion crowns in dividends, out of
the company's 4.5 billion net profit in 2018.
    here
    
   (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

 (Reporting by Prague Newsroom)
  
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