Czech Republic – Factors To Watch on July 12

PRAGUE, July 12 (Reuters) – Here are news stories, press reports and events to watch which may affect Czech financial markets on Thursday. 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: http://emea1.apps.cp.thomsonreuters.com/Apps/CountryWeb/#/2E/events-overview ============================NEWS/EVENTS========================= GOVERNMENT WINS CONFIDENCE: The Czech parliament gave its backing early on Thursday to a new, centre-left minority cabinet led by billionaire Andrej Babis, ending his nearly nine-month effort to secure a parliamentary majority. Related news: ** Government list: INFLATION JUMPS: Czech consumer prices rose by 0.4 percent on a monthly basis in June, putting the year-on-year inflation rate at 2.6 percent, statistics office data showed on Wednesday. UNEMPLOYMENT DROPS FURTHER: The Czech unemployment rate fell to 2.9 percent in June, the lowest figure for that month since 1996, the Labour Ministry said on Wednesday. CEE MARKETS: Global trade war fears caused the Czech crown to weaken on Wednesday, even though the country’s inflation rate rose more than expected in June, increasing the chances interest rates will go up. ———————- MARKET SNAPSHOT ———————— Index/Crown Currency Latest Prev Pct change Pct change close on day in 2018 vs Euro 25.923 25.888 -0.14 -1.55 vs Dollar 22.204 22.031 -0.79 -4.35 Czech Equities 1,088.33 1,088.33 -0.05 0.94 U.S. Equities 24,700.45 24,919.66 -0.88 -0.08 Pvs close or current levels vs prior domestic close at 1500 GMT Prague Newsroom: +420 224 190 477 E-mail: prague.newsroom@thomsonreuters.com (Reporting by Prague Newsroom)

Advertisements