German stocks - Factors to watch on December 14

Bertrandt AG

14/12/2017 06:04

FRANKFURT, Dec 14 (Reuters) - The following are some of the 
factors that may move German stocks on Thursday: 
     
    ECB 
    The European Central Bank is likely to bump up some of its 
economic forecasts on Thursday and may debate tweaking its 
pledge to keep money at its current, ultra-easy level, but will 
ultimately reaffirm is policy stance.  urn:newsml:reuters.com:*:nL3N1OD3PT 
         
    U.S. FED 
    The Federal Reserve raised interest rates on Wednesday but 
left its rate outlook for the coming years unchanged even as 
policymakers projected a short-term jump in U.S. economic growth 
from the Trump administration's proposed tax cuts.  urn:newsml:reuters.com:*:nW1N1MT00C 
     
    GERMAN POLITICS  
    Chancellor Angela Merkel's conservatives said they were 
willing to open formal talks on forming a government with 
Germany's Social Democrats (SPD) - but her chosen partner was 
expected to take two more days to decide how to proceed. 
 urn:newsml:reuters.com:*:nL8N1OD558 
     
    LUFTHANSA  LHAG.DE   
    Lufthansa has abandoned plans to buy Air Berlin subsidiary 
Niki after being told by the European Commission that it would 
not allow the deal. Niki has stopped flights and filed for 
insolvency proceedings. urn:newsml:reuters.com:*:nL8N1OD466     
     
    AUTOS  BMWG.DE   DAIGn.DE   VOWG_p.DE  
    European monthly car registrations due from association ACEA 
at 0700 GMT. 
     
    DEUTSCHE TELEKOM  DTEGn.DE  
    T-Mobile US Inc  TMUS.O  said on Wednesday that it would 
launch a new streaming television service next year after buying 
startup Layer3 TV for an undisclosed amount.  urn:newsml:reuters.com:*:nL1N1OD143 
     
    AIRBUS  AIRG.DE  
    Airbus board directors are due to meet on Thursday, seeking 
to contain damage from multiple international fraud 
investigations over commercial and military sales, while getting 
a grip on what could become a chain reaction of departures, 
insiders said.  urn:newsml:reuters.com:*:nL8N1OD5RX 
    Separately, Airbus is considering cutting production of its 
A380 superjumbo to six or seven planes a year, but has made no 
final decision on the matter, a top executive said on Thursday 
amid growing question marks over the future of the double-decker 
jet.  urn:newsml:reuters.com:*:nL4N1OE29T 
    Also, two people familiar with the matter said that Delta 
Air Lines  DAL.N  looked close on Wednesday to placing an order 
for 100 Airbus  AIR.PA  A321neo jets in a boost for the European 
planemaker as it tries to narrow a 2017 order gap against Boeing 
 BA.N .  urn:newsml:reuters.com:*:nL8N1OD625 
     
    HOCHTIEF  HOTG.DE  
    Australian unit Cimic  CIM.AX  announced another share 
buyback of up to 10 percent of ordinary shares.  urn:newsml:reuters.com:*:nFWN1OD14H 
     
    STEINHOFF  SNHG.DE   
    Steinhoff International said on Wednesday that its 2016 
financial results will have to be restated, because some of its 
European unit's 2017 balance sheet assets that are under 
scrutiny are also relevant to the 2016 financial results. 
 urn:newsml:reuters.com:*:nL8N1OD6F2 
     
    BERTRANDT  BDTG.DE   
    Q4 results due. 
     
    ANNUAL GENERAL MEETINGS 
    KWS SAAT  KWSG.DE  - 3.20 eur/shr dividend proposed 
         
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  +0.3 pct, S&P 500 .SPX  unchanged, Nasdaq 
 .IXIC  +0.2 pct at close.  .N  
    Nikkei  .N225  -0.3 pct, Shanghai stocks  .SSEC  -0.6 pct. 
    Time: 6.04 GMT.  .T   .SS  
 
    GERMAN ECONOMIC DATA 
    German December flash PMI due at 0830 GMT. Manufacturing PMI 
seen at 62.0 points vs 62.5, services PMI at 54.6 vs 54.3, 
composite PMI at 57.2 vs 57.3. 
         
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Arno Schuetze and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS