January 25, 2019 / 5:57 AM / 3 months ago

German stocks - Factors to watch on Jan. 25

BERLIN, Jan 25 (Reuters) - The following are some of the factors that may move German stocks on Friday:

TELECOMS

Submission deadline ends for companies willing to take part in Germany’s auction of 5G mobile spectrum.

DAIMLER

Daimler will deepen partnerships with Chinese auto suppliers since they often lead United States and European rivals in key technologies for electric cars and connected vehicles, a Mercedes-Benz executive said.

UTILITIES

Germany’s government-appointed coal commission is expected to set a date for the cuontry’s exit from coal.

SMA SOLAR

Capital markets day due

OVERSEAS STOCK MARKETS

Dow Jones -0.1 pct, S&P 500 +0.1 pct, Nasdaq +0.7 pct at close.

Nikkei +0.9 pct, Shanghai stocks +0.7 pct.

Time: 5:56 GMT.

ECONOMY

Ifo German business climate index for January due at 0900 GMT. Business Climate seen at 100.6 vs 101.0, Current Conditions at 104.2 vs 104.7, Expectations at 97.0 vs 97.3.

Also, the German government has dropped its economic growth forecast for 2019 to 1.0 percent from 1.8 percent due to slower global economic growth and uncertainty about Britain’s exit from the European Union, Handelsblatt reported.

DIARIES

REUTERS TOP NEWS (Reporting by Berlin Speed Desk)

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