German stocks - Factors to watch on September 5

WCM Beteiligungs und Grundbesitz AG

05/09/2017 06:02

FRANKFURT, Sept 5 (Reuters) - The following are some of the 
factors that may move German stocks on Tuesday: 
     
    NORTH KOREA 
    South Korea's Asia Business Daily, citing an unidentified 
source, reported on Tuesday that North Korea had been spotted 
moving a rocket that appeared to be an intercontinental 
ballistic missile (ICBM) towards its west coast.  urn:newsml:reuters.com:*:nL4N1LM1F3 
     
    HURRICANE IRMA 
    Hurricane Irma, barreling toward the Caribbean and the 
southern United States, was upgraded to a powerful Category 4 
storm on Monday as islands in its path braced for a possible 
onslaught.  urn:newsml:reuters.com:*:nL2N1LL11D 
     
    COMMERZBANK  CBKG.DE , DEUTSCHE BANK  DBKGn.DE  
    The chief executive of Commerzbank said consolidation was 
not a "cure-all", when asked about a possible merger with 
Deutsche Bank in the future, saying it was possible to survive 
just with organic growth. 
     
    VOLKSWAGEN  VOWG_p.DE  
    The German carmaker has put the 1.5 billion-euro ($1.8 
billion) sale of Ducati motorcycles on hold after resistance 
from German trade unions and internal rifts on strategy, sources 
familiar with the matter told Reuters.  urn:newsml:reuters.com:*:nL8N1LL38O 
     
    LANXESS  LXSG.DE  
    Media Day due. 
     
    TLG IMMOBILIEN  TLGG.DE , WCM  WCMKk.DE  
    Acceptance period for TLG's takeover offer for WCM due to 
end at midnight. 
     
    OVERSEAS STOCK MARKETS   
    US markets closed.    .N  
    Nikkei  .N225  -0.5 pct, Shanghai stocks  .SSEC  +0.2 pct. 
    Time: 5.01 GMT.  .T   .SS  
     
    GERMAN ECONOMIC DATA 
    German August Markit final PMI due at 0755 GMT. Services PMI 
seen flat at 53.4 points, compositive flat at 55.7 points. 
     ECONDE   G7TODAY   
     
    EUROPEAN FACTORS TO WATCH  WATCH/EU  
    DIARIES  DE/DIA   WEU/EQUITY  
    REUTERS TOP NEWS  TOP/NEWS  
 
 (Reporting by Tom Sims and Maria Sheahan) 
 ((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters 
Messaging: maria.sheahan.thomsonreuters.com@reuters.net)) 
 
Keywords: GERMANY STOCKS/FACTORS