German stocks - Factors to watch on June 7

Bilfinger SE

07/06/2021 05:41

BERLIN/FRANKFURT, June 7 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    CORONAVIRUS
    Germany reported 1,117 new infections and 22 more deaths on
Monday.
    
    POLITICS
    Chancellor Angela Merkel's conservatives won a resounding
victory in a state election in eastern Germany on Sunday, in a
boost to Armin Laschet, who hopes to succeed her in September's
national election.  urn:newsml:reuters.com:*:nL3N2NO05R
    The United States, Britain and other large, rich nations
reached a landmark deal on Saturday to squeeze more money out of
multinational companies such as Amazon and Google and reduce
their incentive to shift profits to low-tax offshore havens.
 urn:newsml:reuters.com:*:nL2N2NN05A
    
    BILFINGER  GBFG.DE 
    Swedish activist investor Cevian Capital on Friday said one
of its funds had slightly reduced its stake in German industrial
services provider Bilfinger following a co-investor exit.
 urn:newsml:reuters.com:*:nL5N2NM4BK
    
    VOLKSWAGEN  VOWG_p.DE 
    Volkswagen on Sunday said it had reached the broad outlines
of a settlement with former boss Martin Winterkorn over his role
in the dieselgate scandal, with the final details to be thrashed
out over coming days.  urn:newsml:reuters.com:*:nL2N2NO05C
    Volkswagen Chairman Hans Dieter Poetsch will seek
re-election at a coming annual general meeting, the carmaker
said on Saturday.  urn:newsml:reuters.com:*:nL5N2NM3BO
        
    ANALYSTS' VIEWS 
    SYNLAB AG  SYAB.DE : JEFFERIES INITIATES COVERAGE WITH BUY
RATING; TARGET PRICE EUR 23
     EVONIK INDUSTRIES AG  EVKn.DE : CREDIT SUISSE ASSUMES
COVERAGE WITH UNDERPERFORM RATING AND EUR 26 TARGET PRICE
    SYMRISE AG  SY1G.DE : CREDIT SUISSE ASSUMES COVERAGE WITH
OUTPERFORM RATING AND EUR 113 TARGET PRICE

        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.5%, S&P 500 .SPX  +0.9%, Nasdaq  .IXIC 
+1.5% at close.  .N 
    Nikkei  .N225  +0.4%, Shanghai stocks  .SSEC  -0.2%.  .T 
 .SS 
    Time: 4:41 GMT

    ECONOMY
    German April Industrial Orders due at 0600 GMT. Seen +1.0%
m/m. 
    German April Manufacturing Industry Current Prices due at
0600 GMT. 
    German April Consumer Goods due at 0600 GMT. 
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin, Frankfurt and Gdansk newsrooms)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))