German stocks - Factors to watch on June 21

New Work SE

21/06/2016 06:06

FRANKFURT, June 21 (Reuters) - The following are some of the 
factors that may move German stocks on Tuesday: 
     
    BREXIT 
    Two opinion polls on Monday suggested support for Britain 
staying in the European Union had recovered some ground 
following the murder of a pro-EU lawmaker, but a third poll 
found support for a "Brexit" ahead by a whisker.  urn:newsml:reuters.com:*:nL8N19C4PN 
     
    ECB 
    Germany's Constitutional Court will rule on Tuesday on an 
emergency bond-buying plan devised by the European Central Bank 
at the height of the crisis, in a verdict that has the potential 
to upset the ECB's current money-printing programme. 
 urn:newsml:reuters.com:*:nL4N19C3D8 
     
    BAYER  BAYGn.DE   
    Bayer AG's crop science division apologised on Monday for a 
tweet that suggested reduced meat demand could benefit the 
environment, in a bid to appease outraged farmers who buy the 
company's seeds and chemicals.  urn:newsml:reuters.com:*:nL1N19C11J 
     
    VOLKSWAGEN  VOWG_p.DE   
    VW CEO Matthias Mueller tells Handelsblatt stricter emission 
regulations in the U.S. from 2020 mean questions will arise in 
the future over whether it still makes sense to invest a lot of 
money in further developing diesel technology.  urn:newsml:reuters.com:*:nL8N19C47P 
    Mueller also told the paper he aimed to remain at the helm 
at least until his current contract runs out in 2020. 
    Separately, Boston Retirement System filed the first 
bondholders proposed class action against Volkswagen related to 
the company's diesel emissions scandal, law firm Labaton 
Sucharow LLP said.  urn:newsml:reuters.com:*:nL4N19C4S7 
     
    KUKA  KU2G.DE   
    German billionaire businessman Friedhelm Loh does not plan 
to launch a counter offer for German industrial robot maker 
Kuka, he told Handelsblatt.  urn:newsml:reuters.com:*:nL8N19C3W5 
     
    STADA  STAGn.DE   
    The pharma company has called on the services on a large 
U.S. investment bank in order to strengthen its position with 
investors, Frankfurter Allgemeine Zeitung reported, citing 
capital market sources.  
     
    XING  OBCGn.DE   
    Xing CEO Thomas Vollmoeller says in an interview with FAZ he 
expects the planned takeover of rival LinkedIn by Microsoft will 
lead to a dichotomy in the market but says Microsoft's likely 
focus on business customers could open possibilities for Xing. 
     
    ANNUAL GENERAL MEETINGS 
    QIAGEN  QGEN.DE  - no dividend proposed 
         
    OVERSEAS STOCK MARKETS   
    Dow Jones  .DJI  +0.7 pct, S&P 500 .SPX  +0.6 pct, Nasdaq 
 .IXIC  +0.8 pct at close.  .N  
    Nikkei  .N225  +1.2 pct, Shanghai stocks  .SSEC  +0.3 pct. 
    Time: 5.06 GMT.  .T   .SS  
     
    GERMAN ECONOMIC DATA 
    German June ZEW index due at 0900 GMT. Economic Sentiment 
seen at 5.0 vs 6.4, Current Conditions at 53.0 vs 53.1. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Victoria Bryan and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS