BERLIN/FRANKFURT Jan 9 The DAX top-30 index
looked set to open 0.3 percent higher on Monday,
according to premarket data from brokerage Lang & Schwarz at
The following are some of the factors that may move German
Indicated 0.3 pct higher
The airline on Friday outlined plans for 4 percent capacity
growth in 2017, not including recent deals to expand budget
brand Eurowings, as Europe's airlines engage in a race for
customers against a backdrop of rising fuel prices.
Indicated 0.9 pct higher
The U.S. Environmental Protection Agency has approved a fix
for about 70,000 polluting Volkswagen diesel vehicles, it said
VW and the U.S. Justice Department are nearing an agreement
to resolve the government's civil and criminal investigations
that would require the German automaker to pay a penalty of more
than $3 billion, sources briefed on the talks said on Friday.
Separately, German luxury-car brand Audi said on Saturday
its deliveries rose to a new record last year despite the diesel
emissions scandal. Audi and VW are due to publish full figures
The F.B.I has arrested a Volkswagen executive on conspiracy
charges in the emissions scandal, The New York Times reported.
Indicated 0.3 pct higher
Mercedes-Benz is expected to reach its goal of becoming the
largest premium carmaker four years early - a feat achieved,
ironically, only after it stopped chasing market share and
focused on making stylish high-tech cars loved by consumers.
Reinhard Zirpel, president of the German Association of
International Motor Vehicle Manufacturers, assumes that the
market for electric cars will grow by 50 percent in 2017 and for
plug-in hybrid vehicles and hybrid vehicles by 40 percent, he
tells the Automobilwoche magazine.
FRESENIUS MEDICAL CARE
Indicated 3.8 pct lower
Fresenius Medical Care and U.S. rival DaVita Inc
said they had both received subpoenas from federal prosecutors
investigating their ties with a charity that helps patients pay
for kidney dialysis.
The largest shareholder in TUI Group, Alexei
Mordashov, bought more shares in the European travel and tourism
group for 23.9 million euros in the last two weeks, Bild am
Indicated 0.8 pct higher
The chip maker said fourth-quarter revenues rose 5 percent
to $365 million euros.
SCHAEFFLER - JP Morgan lowers to "Underweight
CONTINENTAL - JP Morgan lowers to "Neutral" from
WIRECARD - Credit Suise raises to "Neutral" from
OVERSEAS STOCK MARKETS
Dow Jones +0.3 pct, S&P 500 +0.4 pct, Nasdaq
+0.6 pct at close.
Shanghai stocks +0.6 pct.
Time: 7.26 GMT.
GERMAN ECONOMIC DATA
German Nov industrial output due at 0700 GMT. Seen +0.6 pct
German Nov trade balance due at 0700 GMT. Seen at 21.2 bln
euros, with exports +0.5 pct m/m and imports +0.2 pct m/m
EUROPEAN FACTORS TO WATCH
REUTERS TOP NEWS
(Reporting by Victoria Bryan, Emma Thomasson and Harro ten