German stocks - Factors to watch on October 23
23/10/2020 05:57
BERLIN/FRANKFURT, Oct 23(Reuters) - The following are some
of the factors that may move German stocks on Friday:
CORONAVIRUS
The euro zone's economic recovery is at serious risk of
stalling as a resurgent coronavirus sweeps through Europe,
according to economists in a Reuters poll who kept their already
weak growth and inflation forecasts for 2021 modest at best.
urn:newsml:reuters.com:*:nL4N2HD1MA
Europe's reported coronavirus cases more than doubled in 10
days, crossing 200,000 daily infections for the first time,
according to a Reuters tally. urn:newsml:reuters.com:*:nL4N2HD4WI
Germany is making preparations to start vaccinations against
the coronavirus before the end of the year, Bild daily reported.
urn:newsml:reuters.com:*:nL8N2HD8X1
Germany reported 11,242 new coronavirus cases and 49 more
deaths.
U.S. House Speaker Nancy Pelosi said negotiators were making
progress in talks with the White House for another round of
COVID-19 stimulus, but Senate Republicans remained skeptical of
a possible deal costing trillions of dollars. urn:newsml:reuters.com:*:nL1N2HD0KX
Several U.S. states, many of them in the Midwest, reported
record single-day increases in COVID-19 infections. urn:newsml:reuters.com:*:nL1N2HD1CN
BAYER BAYGn.DE
The California Supreme Court declined to hear an appeal by
Bayer seeking to reverse a jury verdict that the company's
Roundup herbicide caused a groundskeeper's cancer, The Wall
Street Journal reported. urn:newsml:reuters.com:*:nL4N2HD4CP
DEUTSCHE TELEKOM DTEGn.DE
The U.S. Federal Communications Commission said a June
nationwide T-Mobile TMUS.O outage resulted in at least 250
million calls failing. urn:newsml:reuters.com:*:nL1N2HD16J
DAIMLER DAIGn.DE
Q3 results due
THYSSENKRUPP TKAG.DE
Swedish steelmaker SSAB SSABa.ST is exploring a
combination with Tata Steel's European business as a back-up
plan to a deal with Thyssenkrupp, Bloomberg reported.
urn:newsml:reuters.com:*:nL4N2HE0R6
AIRBUS AIRG.DE
The group has asked suppliers to be ready to support a
conditional 18% increase in production of its best-selling
single-aisle A320 jet family once demand recovers from the
coronavirus crisis, the European planemaker said. urn:newsml:reuters.com:*:nL8N2HD82Q
KWS SAAT KWSG.DE
The company reported lower full-year profits, pointing to
acquisition-related effects, and said performance will probably
be impacted by the pandemic in its fiscal year 2020/2021.
CECONOMY CECG.DE
Fiscal Q4 results due
WIRECARD WDIG.DE
U.S. firm Syncapay has bought the North American unit of the
payments company, Wirecard's insolvency administrator said.
urn:newsml:reuters.com:*:nL8N2HD8PR
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.5%, S&P 500 .SPX +0.5%, Nasdaq .IXIC
+0.2% at close. .N
Nikkei .N225 +0.3%, Shanghai stocks .SSEC +0.1%. .T
.SS
Time: 4:56 GMT
ECONOMY
* German October flash Markit PMI due at 0730 GMT.
Manufacturing seen at 55.1, services at 49.2, composite at 53.2
DIARIES DE/DIARY
REUTERS TOP NEWS TOP/NEWS
(Reporting by Berlin, Frankfurt and Gdansk newsrooms)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))