German stocks - Factors to watch on May 8

Instone Real Estate SE

08/05/2020 05:24

BERLIN, May 8 (Reuters) - The following are some of the
factors that may move German stocks on Friday:
    
    CORONAVIRUS
    German federal and state governments are likely to get about
100 billion euros less in tax revenues this year than previously
estimated due to the effects of the coronavirus crisis,
Handelsblatt reported.  urn:newsml:reuters.com:*:nL8N2CPA3J
    Financial markets began pricing in a negative U.S. interest
rate environment for the first time, a place the Federal Reserve
is determined not to go, as investors grappled with the economic
consequences of the new coronavirus outbreak.  urn:newsml:reuters.com:*:nL1N2CP1GC
    Germany reported 1,209 new coronavirus infections while the
death toll rose by 147.
    
    
    SIEMENS  SIEGn.DE  
    Fiscal Q2 results due
    
    VOLKSWAGEN  VOWG_p.DE 
    The carmaker will extend through June 1 a suspension of
operations at its plants in Mexico's Puebla and Guanajuato
states due to the coronavirus pandemic, it said.
    
    
    BECHTLE  BC8G.DE  
    Q1 results due 
    
    RHEINMETALL  RHMG.DE  
    Q1 results due 
     
    
    INSTONE REAL ESTATE  INS2.DE 
    The company suspended its 2020 forecast, citing significant
uncertainties associated with the coronavirus pandemic.
 urn:newsml:reuters.com:*:nEQ6swp3ra
    
    JUNGHEINRICH  JUNG_p.DE 
    Q1 results due 

    
    ANNUAL GENERAL MEETINGS
    SCHAEFFLER  SHA_p.DE  - 0.45 eur/shr dividend proposed
    
        
    EX-DIVIDEND 
    TALANX  TLXGn.DE  - 1.50 euros/shr dividend
        
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +0.9%, S&P 500 .SPX  +1.2%, Nasdaq  .IXIC 
+1.4% at close.  .N 
    Nikkei  .N225  +2.0%, Shanghai stocks  .SSEC  +0.9%.  .T 
 .SS 
    Time: 4:24 GMT
    
    
    ECONOMY
    German March trade data due at about 0600 GMT. Exports seen
-5.0% m/m, imports -4.0% m/m, trade balance at 18.9 bln eur
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

 (Reporting by Berlin Speed Desk)
 ((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))