German stocks - Factors to watch on August 1

Stabilus SE

01/08/2022 05:34

BERLIN/FRANKFURT, Aug 1 (Reuters) - The following are some
of the factors that may move German stocks on Monday:
    
    UKRAINE
    Russian missiles pounded Ukraine's port city Mykolaiv on the
Black Sea, as President Vladimir Putin signed a new naval
doctrine casting the United States as Russia's main rival and
setting global maritime ambitions in the Black Sea and Arctic.
 urn:newsml:reuters.com:*:nL1N2ZD04Y   
    
    UNIPER  UN01.DE 
    Ratings agency S&P affirmed Uniper's long-term credit rating
at BBB- with a negative outlook on Friday, fulfilling one of the
conditions for Germany's 15 billion-euro ($15.32 billion)
bailout package of the gas importer.  urn:newsml:reuters.com:*:nL1N2ZA2VT
    
    SIEMENS ENERGY  ENR1n.DE 
    Delivery of a Nord Stream 1 gas turbine to Germany from
Canada after maintenance was not in line with the contract,
Gazprom's  GAZP.MM  senior manager said on Friday, stepping up
criticism of manufacturer Siemens Energy.  urn:newsml:reuters.com:*:nL1N2ZA1W8
    
    NORD STREAM 1
    Physical flows through the Nord Stream 1 pipeline stabilised
at around 13.1 million kilowatt hours an hour (kWh/h) for
1600-1700 CET (1400-1500 GMT) after falling from 14.4 million at
0600-0700 CET on Sunday morning, data on Nord Stream's website
showed.  urn:newsml:reuters.com:*:nFWN2ZB00E
    
    DEUTSCHE BANK  DBKGn.DE 
    Deutsche Bank broke its own rules in enabling tax fraud,
probe finds, reported the Financial Times.  urn:newsml:reuters.com:*:nL4N2ZD0TZ
    
    LUFTHANSA  LHAG.DE 
    Pilots at German flagship carrier Lufthansa voted on Sunday
by a margin of 97.6% in favour of industrial action, threatening
further disruption during the busy summer travel season.
 urn:newsml:reuters.com:*:nL1N2ZC04K  
    
    STABILUS SE  STAB.DE  
    Third quarter results due.
    
    COVESTRO  1COV.DE  
    German chemicals maker Covestro on Friday cut its 2022 core
earnings outlook for the second time this year, citing a
significant rise in energy costs and the weakening global
economy.  urn:newsml:reuters.com:*:nL8N2ZA6WU
    
    DERMAPHARM HOLDING SE  DMPG.DE 
    Made binding offer to acquire French competitor Arkopharma,
with purchase price of around 450 million euros.  urn:newsml:reuters.com:*:nASM000LH4
    
    VARTA AG  VAR1.DE 
    Preliminary first-half revenue declined by 5.2% to 376.8
million euros, financial year outlook adjusted.  urn:newsml:reuters.com:*:nASM000LH2
    
    
    ANALYSTS' VIEWS 
    COVESTRO AG  1COV.DE : JP MORGAN CUTS TARGET PRICE TO EUR 40
FROM EUR 48
    
        
    OVERSEAS STOCK MARKETS  
    Dow Jones  .DJI  +1.0%, S&P 500 .SPX  +1.4%, Nasdaq  .IXIC 
+1.9% at close.  .N 
    Nikkei  .N225  +0.7%, Shanghai stocks  .SSEC  +0.2%.  .T 
 .SS 
    Time: 4:34 GMT
    
    
    
    ECONOMY
    German June retail sales data due at 0600 GMT.
Month-on-month seen at 0.2%, year-on-year seen at -8.0%.
    German S&P Global/BME July final manufacturing PMI due at
0755GMT. Seen at 49.2
    
    
    
    DIARIES  DE/DIARY 
    REUTERS TOP NEWS  TOP/NEWS 

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