German stocks - Factors to watch on April 1
01/04/2019 06:03
BERLIN/FRANKFURT, April 1 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
European Central Bank
Dutch central bank Governor Klaas Knot expects the euro zone
economy to pick up speed in the second half after a sluggish
start to the year, but in an interview with Handelsblatt the
noted hawk was distinctly dovish on long-term interest rates.
urn:newsml:reuters.com:*:nS8N21G001
ENGINEERING SIEGn.DE VOSG.DE DUEG.DE RHMG.DE
Germany's VDMA engineering association is due to hold an
event on the industry's outlook at the Hanover trade fare.
DEUTSCHE BANK DBKGn.DE
Deutsche Bank executive said a potential merger with
Commerzbank would not hit revenues, the Financial Times reported
on Monday. urn:newsml:reuters.com:*:nL3N21J0YN
DAIMLER DAIGn.DE
The carmaker has complained to EU antitrust regulators about
Nokia NOKIA.HE patents essential to car communications, a move
underlining the tensions between tech companies and the car
industry on the use of key technologies. urn:newsml:reuters.com:*:nL8N21H07E
OSRAM OSRn.DE
Chief Executive Olaf Berlien told Frankfurter Allgemeine
Sonntagszeitung that forecasts of a global 2019 automobile
production of 96 million cars are overly optimistic.
WIRECARD WDIG.DE
The departure of Wirecard's compliance manager Royston Ng
has no connection to the German payments firm's investigations
into financial irregularities in Singapore, a company
spokeswoman said on Sunday. urn:newsml:reuters.com:*:nL8N21I0DI
HOCHTIEF HOTG.DE
Hochtief subsidiary, Cimic Group on Monday said its CPB
Contractors company Won an order of 221 million New Zealand
dollars ($150.85 million) for Christchurch Metro Sports
Facility. urn:newsml:reuters.com:*:nFWN21I01S
VOLKSWAGEN VOWG_p.DE
Volkswagen is leaning on its entry-level Spanish brand Seat
to spearhead its attack on the growing market for cheaper
electric cars, in a bid to undercut established rivals such as
Nissan and Renault, the Financial Times reported on Sunday.
urn:newsml:reuters.com:*:nL3N21I0AP
ANALYSTS' VIEWS
BAYER AG BAYGn.DE : Berenberg transfers coverage with
"hold" rating
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.8 pct, S&P 500 .SPX +0.7 pct, Nasdaq
.IXIC +0.8 pct at close. .N
Nikkei .N225 +1.6 pct, Shanghai stocks .SSEC +2.3 pct.
.T .SS
Time: 5:01 GMT.
GERMAN ECONOMIC DATA
Markit PMI for Germany's manufacturing sector due at 0755
GMT. Index seen flat at 44.7 points.
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
($1 = 1.4650 New Zealand dollars)
(Reporting by Berlin Speed Desk and Frankfurt Newsroom)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))