BERLIN/FRANKFURT, June 11 (Reuters) - The following are some of the factors that may move German stocks on Tuesday:
AUTOS/TRADE
European shares closed higher on Monday on some trade relief after the United States and Mexico struck a deal to avert tariffs on Mexican goods, while European automakers got a lift from signs Fiat-Chrysler and Renault (PA:RENA) may revive merger talks. U.S. President Donald Trump said he was ready to impose another round of punitive tariffs on Chinese imports if he cannot make progress in trade talks with China's President at a Group of 20 summit later this month. BANK DBKGn.DE
Fitch Ratings has downgraded Deutsche Bank's long-term issuer default rating to BBB citing the lender's difficulty improving its profitability and stabilising its business model. Deutsche said it is committed to improving profitability.
SIEMENS SIEGn.DE
The company said RZD Russian Railways had placed an order for 13 high-speed Velaro trains under a contract worth 1.1 billion euros. VOWG_p.DE
Audi NSUG.DE issued a voluntary recall of approximately 540 E-Tron electric SUVs sold in the U.S. because of a risk that moisture can seep into the battery cell through a wiring harness glitch. CBKG.DE
ING Groep INGA.AS has decided against a tie-up with the German lender, Handelsblatt reported. PUMG.DE
First day of trading after 1:10 stock split
PROSIEBENSAT.1 PSMGn.DE
CEO Max Conze told Welt am Sonntag the company would launch its streaming platform Joyn on June 18, reiterating the aim of having 10 million users in two years. He welcomed Mediaset MS.MI as an investor but reiterated he did not see a merger.
HEIDELBERGER DRUCK HDDG.DE
The company is on the lookout for a strategic investor and for acquisitions in the area of software, CEO Rainer Hunsdoerfer told Euro am Sonntag.
SCHAEFFLER SHA_p.DE
The automotive supplier and Australia's Hastings Technology Metals HAS.AX signed an MOU for the sale of Mixed Rare Earth Carbonate, Hastings said. GENERAL MEETINGS
ADLER REAL ESTATE ADLG.DE
EX-DIVIDEND
DEUTSCHE PFANDBRIEFBANK PBBG.DE - 1.00 eur/shr dividend
ANALYSTS' VIEWS
ALLIANZ ALVG.DE - Citigroup (NYSE:C) raises to "buy" from "neutral"
HUGO BOSS BOSSn.DE - Morgan Stanley (NYSE:MS) raises to "equal-weight" from "underweight"
OVERSEAS STOCK MARKETS
US markets closed.
.N
Nikkei .N225 +0.3 pct, Shanghai stocks .SSEC +1.9 pct. .T .SS
Time: 4:28 GMT
ECONOMY
* European Central Bank policymakers are open to cutting the ECB's policy rate again if economic growth weakens in the rest of the year and a strong euro hurts a bloc already bearing the brunt of a global trade war, two sources said. No major German economic data scheduled
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