Czech Republic – Factors To Watch on Sept 26


PRAGUE, Sept 26 – 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: ============================NEWS/EVENTS========================= RATES: The Czech National Bank (CNB) will decide on interest rates at 11:00 GMT, widely expected to raise its main two-week repo rate by 25 basis points to 1.50 percent. CEE MARKETS: Warsaw’s blue-chip share index WIG20 set a three-week high on Tuesday, helped by the reclassification of Polish shares to “developed market” from “advanced emerging” within FTSE global indexes. EUROPE POWER: Europe’s power curve posted strong losses on Tuesday afternoon as carbon, coal and gas prices headed south while spot prices were weighed down by more supply from wind turbines and nuclear reactors. ———————- MARKET SNAPSHOT ———————— Index/Crown Currency Latest Prev Pct change Pct change close on day in 2018 vs Euro 25.597 25.61 0.05 -0.27 vs Dollar 21.75 21.739 -0.05 -2.22 Czech Equities 1,106.34 1,106.34 1.18 2.61 U.S. Equities 26,492.21 26,562.05 -0.26 7.17 Pvs close or current levels vs prior domestic close at 1500 GMT =========================PRESS DIGEST=========================== CARS FLAT: Car production in the Czech Republic edged up by 0.15 percent to 941,931 vehicles year-on-year in the first eight months of the year. Most of the cars were exported. Hospodarske Noviny, page 13 (Reuters has not verified the stories, nor does it vouch for their accuracy.) Prague Newsroom: +420 224 190 477 E-mail: (Reporting by Prague Newsroom)


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