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Czech Republic - Factors To Watch on March 15
March 15, 2017 / 7:15 AM / in 9 months

Czech Republic - Factors To Watch on March 15

    PRAGUE, March 15 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Wednesday.
    ALL TIMES GMT (Czech Republic: GMT + 1 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: 
    UNIPETROL: Unipetrol           said it would target total
combined EBITDA LIFO at the level of 19.7 billion crowns
($775.32 million) in 2017-18 as part of newly approved strategy.
    Story:              Related stories:                   
    FORTUNA: Fortuna Entertainment Group           said it was
in the process of acquiring majority shareholder Penta’s
Romanian betting and gaming companies and further strengthening
its position in Romania.
    Story:              Related stories:                     

    SKODA: Volkswagen's             Skoda Auto posted an
operating profit of 1.2 billion euros in 2016.
    Story:              Related stories:                   

    CEZ: Utility CEZ           started Dukovany nuclear power
plant unit 2 reactor on Tuesday, a spokesman told CTK news
agency. It expected to reconnect it to the grid on Thursday.
    Story:              Related stories:                     
    CEE MARKETS: Central European currencies eased slightly on
Tuesday ahead of an expected U.S. Federal Reserve interest rate
hike this week, which might make emerging Europe's yields
relatively unattractive. 
    Story:              Related stories:                    
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                    close    on day     in 2017
 vs Euro                  27.01      27.001   -0.03      -0.01
 vs Dollar                25.419     25.412   -0.03       0.89
 Czech Equities          978.59     978.59     0.07       6.18
 U.S. Equities        20,837.37  20,881.48    -0.21       5.44
 Pvs close or current levels vs prior domestic close at 1600 GMT
=========================PRESS DIGEST========================
    MORTGAGES: Lawmakers approved in the first of three readings
legislation giving the Czech National Bank powers to tighten
mortgage lending criteria. 
    The bank has so far given only recommendations to banks to
limit the loan-to-value ratio. Tighter recommendations, limiting
the ratio to 90 percent, from a current 95 percent. Jan Sadil,
head of the largest home loan provider Hypotecni Banka, said the
changes are slowing the mortgage market.
    CNB Governor Jiri Rusnok has said the bank is ready to
tighten conditions more if it saw signs of overheating.
    Hospodarske Noviny, page 13
    (Reuters has not verified the stories, nor does it vouch for
their accuracy.)    
    For real-time stock market index quotes click in brackets: 
 Warsaw WIG20           Budapest BUX        Prague PX       
 For updates on CEE currencies                             
 TOP NEWS -- Emerging markets                               
    Prague Newsroom: +420 224 190 477

($1 = 25.3800 Czech crowns)

 (Reporting by Prague Newsroom)

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