German stocks - Factors to watch on April 8
FRANKFURT, April 8
FRANKFURT, April 8 (Reuters) - The DAX top-30 index looked set to open 0.1 percent higher on Monday, according to premarket data from brokerage Lang & Schwarz at 0605 GMT.
The following are some of the factors that may move German stocks:
Indicated 0.5 percent higher
Mitsubishi UFJ Financial Group, will buy U.S. commercial property loans from Deutsche Bank worth about $3.7 billion.
German trade union Verdi has threatened to stage strikes in April just before the next round of wage talks with Lufthansa.
Two officers at Lufthansa's U.S. subsidiary BizJet have been charged with bribing Latin American officials.
Lufthansa's supervisory board chairman Juergen Weber told daily Handelsblatt in an interview that the airline would continue to look for takeover targets but would for now focus on better integrating the different brands within the group.
Volkswagen's luxury-car division Audi publishes March vehicle figures.
Indicated 0.2 percent lower
A potential $7 billion order from British Airways for Airbus A350 jets is set to hand Boeing Co its next major challenge as it nears the end of a three-month crisis over the grounding of the 787 Dreamliner, analysts said.
The first day of Germany's leading industrial fair will stage events by engineering association VDMA, energy lobby group BDEW, the association of electronics companies ZVEI and the industrial federation BDI.
LANXESS - Nomura has cut the stock to 'neutral' from 'buy'.
OVERSEAS STOCK MARKETS
Dow Jones -0.3 pct, S&P 500 -0.4 pct, Nasdaq -0.7 pct at Friday's close.
Nikkei +2.8 pct at Monday's close.
GERMAN ECONOMIC DATA
German Industrial Output for February due at 1000 GMT, forecast at 0.3 percent higher month-on-month.
EUROPEAN FACTORS TO WATCH
REUTERS TOP NEWS (Reporting by Marilyn Gerlach and Arno Schuetze)
- North Korea says Kim's powerful uncle dismissed for 'criminal acts'
- Thai PM calls snap election, protesters want power now |
- Protesters fell Lenin statue, tell Ukraine's president 'you're next'
- Venezuela's Maduro to raise pressure on business after local vote
- Singapore hit by rare outbreak of rioting, 27 arrested |