German stocks - Factors to watch on June 3
03/06/2020 05:18
BERLIN/FRANKFURT, June 3 (Reuters) - The following are some
of the factors that may move German stocks on Wednesday:
CORONAVIRUS
Parties in Chancellor Angela Merkel's coalition wrestled
over final details of a stimulus package to help recovery from
the pandemic, including whether cash incentives to buy new cars
should exclude combustion engines. urn:newsml:reuters.com:*:nL8N2DF3QV
Germany's economic downturn this year could be even sharper
than previously expected, Economy Minister Peter Altmaier said.
urn:newsml:reuters.com:*:nL8N2DF56Q
Germany reported 342 new coronavirus cases and 29 more
deaths.
LUFTHANSA LHAG.DE
Q1 results due
BAYER BAYGn.DE
A California appeals court heard arguments in the first case
that went to trial over allegations that Bayer's
glyphosate-based weed killer Roundup causes cancer, resulting in
a $289 million judgment against the company. urn:newsml:reuters.com:*:nL8N2DF5AS
TECHNOLOGY SAPG.DE DTEGn.DE SIEGn.DE
A proposed European cloud computing platform that seeks to
break the continent's reliance on Silicon Valley will take shape
in the coming weeks when a group of 22 French and German
companies set up a legal entity to run it. urn:newsml:reuters.com:*:nL4N2DF2DL
RHOEN KLINIKUM RHKG.DE
Extraordinary general meeting due
ANALYSTS' VIEWS
BASF BASFn.DE - Jefferies raises to 'buy' from 'hold'
OVERSEAS STOCK MARKETS
Dow Jones .DJI +1.1%, S&P 500 .SPX +0.8%, Nasdaq .IXIC
+0.6% at close. .N
Nikkei .N225 +1.0%, Shanghai stocks .SSEC +0.5%. .T
.SS
Time: 4:18 GMT
ECONOMY
* German May unemployment data due at 0755 GMT. Rate seen at
6.2%.
* German May Markit final PMI due at 0755 GMT. Services seen
at 31.4, composite at 31.4
DIARIES DE/DIARY
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(Reporting by Berlin, Frankfurt and Gdansk newsrooms)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))