German stocks - Factors to watch on June 29
29/06/2022 06:09
BERLIN/FRANKFURT, June 29 (Reuters) - The following are some
of the factors that may move German stocks on Wednesday:
NATO
NATO ally Turkey lifted its veto over Finland and Sweden's
bid to join the Western alliance on Tuesday after the three
nations agreed to protect each other's security, ending a
weeks-long drama that tested allied unity against Russia's
invasion of Ukraine. urn:newsml:reuters.com:*:nL1N2YF1YZ
LNG TERMINAL
Germany is in talks with Canada over options to export
liquefied natural gas (LNG) to Europe via a terminal on Canada's
east coast, a German government official told Reuters on
Tuesday. urn:newsml:reuters.com:*:nL1N2YF1SY
COMPANY STATEMENTS
* HORNBACH Holding HBH.DE Q1 Consolidated Sales Up At EUR
1,813.4 Mln urn:newsml:reuters.com:*:nASM000H9Q
ANALYSTS' VIEWS
VANTAGE TOWERS AG VTWRn.DE : JP MORGAN CUTS TO UNDERWEIGHT
FROM NEUTRAL
VANTAGE TOWERS AG VTWRn.DE : JP MORGAN CUTS TARGET PRICE TO
EUR 27 FROM EUR 32.5
DEUTSCHE TELEKOM AG DTEGn.DE : JP MORGAN RAISES TARGET
PRICE TO EUR 28.5 FROM EUR 27
FLATEXDEGIRO AG FTKn.DE : JEFFERIES CUTS TARGET PRICE TO
EUR 18 FROM EUR 33
OVERSEAS STOCK MARKETS
S&P 500 .SPX -2%, Nasdaq .IXIC -3% at close. .N
Shanghai stocks .SSEC -0.8%. .T .SS
Time: 4:57 GMT
ECONOMY
German NRW June CPI -0.1 pct m/m, +7.5 pct y/y urn:newsml:reuters.com:*:nAPN0O2YJC
Pan-German preliminary June inflation data due at 1200 GMT
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(Reporting by Berlin, Frankfurt and Gdansk newsrooms)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))