German stocks - Factors to watch on July 27
27/07/2017 05:48
FRANKFURT, July 27 (Reuters) - The following are some of the
factors that may move German stocks on Thursday:
U.S. FED
The Federal Reserve kept interest rates unchanged on
Wednesday and said it expected to start winding down its massive
holdings of bonds "relatively soon" in a sign of confidence in
the U.S. economy. urn:newsml:reuters.com:*:nW1N1ID01J
ALLIANZ ALVG.DE
The insurer forecast late on Wednesday that full-year
operating profit would be near the upper end of its target range
after its preliminary second-quarter earnings improved across
all business segments. urn:newsml:reuters.com:*:nL5N1KH977
AUTOS BMWG.DE DAIGn.DE VOWG_p.DE
Britain's car-makers and traders are starting to feel the
strains of Brexit, and output this year is likely fall short of
the industry's expectations, the head of the leading UK group in
the sector said. urn:newsml:reuters.com:*:nL5N1KH65E
Also, the CEOs of BMW and Daimler are to meet this week to
discuss whether to continue pursuing a merger of their
carsharing units Car2Go and Drive Now, Handelsblatt reported,
citing industry sources.
BASF BASFn.DE
Q2 results due. Adjusted EBIT seen up 29 percent at 2.2
billion euros ($2.6 billion). Poll: urn:newsml:reuters.com:*:nL5N1KG17S
BAYER BAYGn.DE
Q2 results due. Underlying EBITDA seen down 2 percent at 3
billion euros. Poll: urn:newsml:reuters.com:*:nL5N1KG3BK
DEUTSCHE BANK DBKGn.DE
Q2 results due. Net income seen jumping to 273 million euros
from 18 million in yr-earlier period. Poll: urn:newsml:reuters.com:*:nL5N1KG6KZ
Deutsche Bank's planned listing of its asset management arm
is unlikely before the first half of next year and could be
later, as it wants more time to refine and sell the business's
strategy to potential investors, people close to the matter
said. urn:newsml:reuters.com:*:nL5N1KH7UC
Also, a source said that Deutsche Bank is close to a deal to
get former board members to contribute substantial sums towards
the costs of the bank's past misconduct, as Germany's biggest
lender seeks to rebuild its reputation. urn:newsml:reuters.com:*:nL5N1KH96F
DEUTSCHE BOERSE DB1Gn.DE
Deutsche Boerse said on Wednesday that its first-half
performance was slightly below its expectations and full year
earnings were likely to be at the lower end of its forecast
range. urn:newsml:reuters.com:*:nL5N1KH7P0
VOLKSWAGEN VOWG_p.DE
Q2 results due. Operating profit before special items seen
up 2.8 percent at 4.51 billion euros. Poll: urn:newsml:reuters.com:*:nL5N1KC1K6
Also, Volkswagen said cooperation among carmakers on
technical issues is a common industry practice but declined
comment on allegations that it engaged in anti-competitive
conduct with other German carmakers. urn:newsml:reuters.com:*:nL5N1KH7NR
Separately, Germany's highest court ruled on Wednesday that
Munich prosecutors had no right for the time being to evaluate
materials seized during a raid in March on U.S. law firm Jones
Day. urn:newsml:reuters.com:*:nL5N1KH809
AIRBUS AIRG.DE
Q2 results due. Adjusted EBIT seen down 23 percent at 910
million euros. Poll: urn:newsml:reuters.com:*:nL5N1KG49A
OSRAM OSRn.DE
The company on Wednesday confirmed its outlook for the 2017
fiscal year. urn:newsml:reuters.com:*:nASM000D8W Poll: urn:newsml:reuters.com:*:nL5N1KC4QT
DIALOG SEMICONDUCTOR DLGS.DE
Q2 results due.
DRAEGERWERK DRWG_p.DE
Full Q2 results due. The group published preliminary results
earlier this month, showing a 20 percent drop in operating
profit, but stuck with its full-year guidance. urn:newsml:reuters.com:*:nL8N1K43U1
QIAGEN QIA.DE
Q2 results due around 2000 GMT. Adjusted EBIT seen up 17.8
percent at 81.5 million euros. Poll: urn:newsml:reuters.com:*:nL5N1KG51E
DMG MORI GILG.DE
Q2 results due.
TAKKT TTKG.DE
Q2 results due.
ENBW EBKG.DE
H1 results due.
ANNUAL GENERAL MEETINGS
HEIDELBERGER DRUCKMASCHINEN HDDG.DE - no dividend proposed
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.5 pct, S&P 500 .SPX unchanged, Nasdaq
.IXIC +0.2 pct at close. .N
Nikkei .N225 +0.2 pct, Shanghai stocks .SSEC -0.3 pct.
Time: 4.47 GMT. .T .SS
GERMAN ECONOMIC DATA
German GfK consumer sentiment for August due at 0600 GMT.
Seen unchanged at 10.6 points.
ECONDE G7TODAY
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
($1 = 0.8604 euros)
(Reporting by Tom Sims and Maria Sheahan)
((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))
Keywords: GERMANY STOCKS/FACTORS