Czech Republic - Factors To Watch on Sept 5

PRAGUE, Sept 5 (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 ========================

August foreign exchange reserves data at 0800 GMT.

Real-time economic data releases....................ECONCZ

Previous stories on Czech data.............[CZ-RTRS-LEN-ECI]

Overview of economic data and forecasts..........<CZ/ECON15>

Updates on Czech currency.............................[CZK/]
========================= TOP NEWS ============================

CZECHS SEEK U.S. HELP WITH PLANES: The Czech Republic wants
Washington's help to upgrade its military transport planes but
denied it is seeking a bonus for hosting part of a U.S. missile
shield that has fueled tensions with Russia.

Story: [ID:nL5498863] Related news: [RTRS-LEN-CZ-DIP]

KOMERCNI RECOMMENDS 2Y IRS POSITION: Komercni Banka
recommended opening a two-year Czech interest rate swap (IRS)
receiver position on Thursday at the current 3.70 percent rate
to take advantage of a correction on the short-end of the yield
curve.

Story: [ID:nL4210969] Related news: [RTRS-LEN-CZ-MMT]

CSA SHOWS H1 OPERATING PROFIT: Soon-to-be-privatised Czech
Airlines (CSA) swung to an operating profit in the first half of
2008, but higher fuel costs weighed on the airline.

Story: [ID:nL4596758] Related news: [RTRS-LEN-CZ-MRG]

JULY TRADE SHOWS RESILIENCE: Booming car exports helped keep
the Czech foreign trade surplus well above market expectations
in July, data showed on Thursday, but the result was still hit
by the euro zone slowdown and a record high crown currency.

Story: [ID:nL488440] Related news: [RTRS-LEN-CZ-ECI]

---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change

close on day in 2008
Czech Equities 1,429.4 1,452.1 -1.56 -21.25
vs Euro <EURCZK=> 24.890 24.863 -0.11 +6.47
vs Dollar <CZK=> 17.410 17.177 -1.34 +4.36
U.S. Equities .DJI 11,188 11,533 -2.99 -15.65
Pvs close or current levels vs prior domestic close at 1500
====================== PRESS DIGEST===========================

CZECHS SEEK US HELP WITH OIL PIPELINE: The Czech Republic
wants Washington's help in acquiring ExxonMobil's 16 percent
stake in the TAL oil pipeline in exchange for hosting part of a
U.S. missile shield.

E15, page 1

PRAGUE STOCK EXCHANGE SALE: Prague Stock Exchange CEO said
Nasdaq (NDAQ.O: Quote, Profile, Research), New York Stock Exchange (NYX.N: Quote, Profile, Research), London Stock
Exchange LCE.L, Deutsche Borse (DB1Gn.DE: Quote, Profile, Research), Vienna Stock
Exchange, and bourses in Greece and Spain all showed interest in
the Prague bourse slated for sale by year end.

Hospodarske Noviny, page 15

Reuters has not verified the media reports, nor does it
vouch for their accuracy.

For Instant Views of key economic data click on

[CZ/INSTANT]
For summary of economic data and forecasts <CZ/ECON01>
For diary of forthcoming Czech events [CZ/DIARY]
For calendar of east European economic indicators [CONV/DIARY]
TOP NEWS -- Emerging markets [TOP/EMRG]
TOP NEWS -- Convergence watch [TOP/EAST]

For an economic indicator diary for the euro zone, the United
States and other Group of Seven countries see G7TODAY

For real-time stock market index quotes click in brackets:
Warsaw WIG20 .WIG20 Budapest BUX .BUX Prague PX

News editor of the day: Mike Winfrey on +420 224 190 479;
fax: +420 224 229 935

E-mail: prague.newsroom@reuters.com
(Compiled by Jana Mlcochova)