German stocks - Factors to watch on June 9

Instone Real Estate SE

09/06/2020 05:19

BERLIN/FRANKFURT, June 9 (Reuters) - The following are some
of the factors that may move German stocks on Tuesday:
    
    CORONAVIRUS
    New coronavirus cases had their biggest daily increase ever
as the pandemic worsens globally and has yet to peak in central
America, the World Health Organization said, urging countries to
press on with efforts to contains the virus.  urn:newsml:reuters.com:*:nL8N2DL4P4
    Asian stocks rallied for their ninth straight day and oil
prices jumped as the lifting of coronavirus lockdowns in many
countries fed investor hopes of a relatively quick global
economic recovery.  urn:newsml:reuters.com:*:nL4N2DM0N1
    Germany reported 252 more coronavirus cases and 16 new
deaths.
    
    
    VOLKSWAGEN  VOWG_p.DE 
    The carmaker replaced Herbert Diess as chief executive of
the VW brand and installed chief operating officer Ralf
Brandstaetter to lead cost cutting efforts at the company's
largest plants in Germany.  urn:newsml:reuters.com:*:nL8N2DL503
    
    LUFTHANSA  LHAG.DE 
    Austria confirmed it is granting Lufthansa's Austrian
Airlines unit a 450 million euro bailout that will protect
Vienna as a transit hub and safeguard "the bulk" of the flag
carrier's 7,000 jobs.  urn:newsml:reuters.com:*:nL8N2DL31G
    
    BAYER  BAYGn.DE 
    The U.S. Environmental Protection Agency said that farmers
can use supplies of dicamba-based weed killers they had on hand
as of June 3, after a federal court blocked sales and use of the
product last week. It is sold by Bayer and rivals.  urn:newsml:reuters.com:*:nL1N2DL2MS
    
    
    TELEFONICA DEUTSCHLAND  O2Dn.DE 
    The company has signed a deal to sell thousands of phone
masts for 1.5 billion euros, the latest move by a telecom
operator to generate cash from its assets in preparation for
investment in next-generation 5G internet.  urn:newsml:reuters.com:*:nL8N2DL557
    
    
    ANNUAL GENERAL MEETINGS
    HYPOPORT  HYQGn.DE  - no dividend proposed
    INSTONE REAL ESTATE  INS2.DE  - no dividend proposed
        
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +1.7%, S&P 500 .SPX  +1.2%, Nasdaq  .IXIC 
+1.1% at close.  .N 
    Nikkei  .N225  -0.9%, Shanghai stocks  .SSEC  +0.5%.  .T 
 .SS 
    Time: 4:19 GMT
    
    
    ECONOMY
    German April trade data due at 0600 GMT. Exports seen -15.6%
m/m, imports -16.0% m/m, trade balance at 10.0 bln eur
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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