March 2, 2020 / 7:47 AM / a month ago

Czech Republic - Factors To Watch on March 2

    PRAGUE, March 2 (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 + 1 hour)        
     
=========================ECONOMIC DATA==========================
    Real-time economic data releases.................           
    Previous stories on Czech data.............                 
  **For a schedule of corporate and economic events: 
    here
    
===========================NEWS/EVENTS==========================
    DATA-PMI: Latest data on the purchasing managers' index
(PMI) will be released at 9:30 a.m. local time (0830 GMT)
    
    CORONAVIRUS: The Czech Republic has confirmed its first
three cases of coronavirus, with all the patients having
travelled from northern Italy, Health Minister Adam Vojtech said
on Sunday.
                
    
    BOND HOLDINGS: The proportion of non-residents holding Czech
state domestic bonds edged up to 41.59% in January from 40.55%
in December, Finance Ministry data showed on Friday.
                
    
    ERSTE: Austrian lender Erste Group           on Friday said
it would propose a 7% dividend increase for 2019 after reporting
a flat fourth-quarter operating result affected by one-offs.
                
    
    CEE MARKETS: Central European currencies and stocks plunged
on Friday, as investors around the world offloaded risky assets
as fears grew that the coronavirus pandemic would cause a global
recession.
                
        
    EUROPE POWER: German power delivery prices for Monday rose
in the European wholesale market on Friday on forecasts for
lower demand while forwards dropped along with losses in related
energy markets.
                
===================PRESS DIGEST============================
    SKODA AUTO: Unions at Volkswagen's             Skoda Auto
are not happy with management's offer for a wage rise and they
also don't want to accept the new deal to be valid for four
years. 
    A deal should be completed by the end of March.
    Hospodarske Noviny, page 4
    
           
    Prague Newsroom: +420 234 721 617
    E-mail: prague.newsroom@thomsonreuters.com

 (Reporting by Prague Newsroom)
  
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