Liveblog Archief donderdag 25 juni 2020

Na het wachten op de opening van Wall Street heb ik toch besloten om winst te nemen op de posities. Zo reduceer ik behoorlijk het verlies van begin deze maand maar we zijn er nog niet, wel weer plussen bij Systeem Trading en Guy Trading dit jaar, Guy Trading ook voor deze maand (JUNI), dus we doen weer mee voorlopig. Er komt nog meer aan de komende periode, wees daar maar zeker van en waar het kan zal ik er wat van mee proberen te pakken. De markt beweegt nog aan de rekstok momenteel, maar dat er nog wat moves aan zitten te komen is ook een feit, en dan in beide richtingen ...

Via de nieuwe aanbieding kunt u zich inschrijven via de website, nu voor €39 tot 1 SEPTEMBER ... We zitten nu zonder posities, morgen of begin volgende week neem ik wel weer wat op waar het kan ...

Schrijf u in via de link https://www.usmarkets.nl/tradershop

Tot later ... Guy

TOP NEWS
• U.S. layoffs remain elevated as weak demand persists after businesses reopened
Weak demand is forcing U.S. employers to lay off workers, keeping new applications for unemployment benefits extraordinarily high, even as businesses have reopened, buttressing views the labor market could take years to recover from the COVID-19 pandemic. Initial claims for state unemployment benefits likely totaled a seasonally adjusted 1.3 million for the week ended June 20, down from 1.508 million in the prior week.
• Wirecard collapses owing creditors $4 billion
German payments company Wirecard collapsed after disclosing a massive financial hole in its books, leaving creditors owed nearly $4 billion facing an almost complete wipeout.
• Trump administration says Huawei, Hikvision backed by Chinese military
The Trump administration has determined that top Chinese firms, including telecoms equipment giant Huawei Technologies and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions.
• Chuck E. Cheese parent files for bankruptcy, another casualty of pandemic
Restaurant chain Chuck E. Cheese parent CEC Entertainment filed for Chapter 11 bankruptcy, making it the latest casualty of the COVID-19 pandemic that has crushed entertainment and leisure industries globally.
• SoftBank is not 'SoftPunku' says CEO in defence of strategy
SoftBank Group Chief Executive Masayoshi Son mounted a defence of his investing decisions, saying the value of the Japanese conglomerate's holdings has recovered to pre-coronavirus outbreak levels.​


BEFORE THE BELL
Wall Street futures fell and Asian markets ended in the red as coronavirus cases surged globally and IMF’s downgrade to economic projections dented hopes of economic recovery. European stocks rebounded due to gains in Lufthansa and Bayer shares. The dollar edged up as demand for safe-haven currencies improved. Oilprices dropped on record-high U.S. crude inventories. Gold edged lower. Data for GDP, durable goods orders and initial jobless claims are due for release later during the day.


STOCKS TO WATCH
Results
• BlackBerry Ltd (BB). The company reported quarterly revenue below Wall Street estimates on Wednesday, as demand for its QNX software used in cars was hit by the COVID-19 pandemic that severely bruised the auto industry. The company posted a surprise profit as it put a tight lid on costs by slashing marketing and related costs by $31 million in the quarter. Adjusted operating expense fell 22.7% to $150 million. Total revenue for the first quarter ended May 31 fell 16.6% to $206 million from a year earlier. Analyst had expected revenue of $214.1 million. Net loss widened to $636 million, or $1.14 per share, from $35 million, or 9 cents per share. Net loss includes impairment charge of $594 million related to its Spark reporting unit. Excluding items, the company reported a profit of 2 cents per share, while analysts were expecting a loss of 2 cents per share.

Deals Of The Day
• AbbVie Inc (ABBV). Japan's Sosei Group will collaborate with the company on a drug discovery partnership that could be worth up to $1 billion. The partnership will initially focus on the discovery of novel small molecules, targeting inflammatory and autoimmune diseases, the companies said in a news release. Sosei is eligible to receive up to $32 million in upfront and near-term milestone payments, along with future commercial milestones of up to $377 million, plus tiered royalties on sales. The companies will work to discover and commercialise medicines that modulate G protein-coupled receptor (GPCR) targets.
• Crescent Acquisition Corp (CRSA). The special purpose acquisition firm said it would buy Australian fitness chain F45 Training in a deal that values the combined company at $845 million, including debt. F45, which counts actor Mark Wahlberg as one of its shareholders, has more than 1,900 franchises in 50 countries and is known for promoting group workouts without heavy equipment. The combined company will trade on the Nasdaq following the closure of the deal, which is expected in the third quarter of 2020, and will retain the F45 name, Crescent said in a statement on Wednesday.

In Other News
• Alphabet Inc (GOOGL). Google took a step to resolving its spat with publishers, saying it would pay some media groups in Australia, Brazil and Germany for high-quality content and expects to do more deals with others. The U.S. internet giant has for years tried to fend off demands for payment from news publishers worldwide in return for using their content, with European media groups among their fiercest critics. The new product will be available on Google News and Discover. Bender said Google would also offer to pay for free access for users to read paywalled articles on a publisher's site where available.
• Amazon.com Inc (AMZN). The retail giant is expanding its Australian operations with plans to build a warehouse in Sydney and is also scouting locations for a giant facility in Melbourne, the Australian Financial Review reported. Amazon's reported expansion plans come on the back of surging online sales as consumers shift to e-tailing due to the COVID-19 pandemic.
• California Resources Corp (CRC). The U.S. oil and gas producer last week paid interest due on an unsecured 2024 bond, about a month late, two people familiar with the matter said on Wednesday. California Resources has been struggling with the sharp drop in oil prices and demand this year. It told investors last month it might not be able to continue operations without a debt restructuring. The semi-annual coupon payment on its $2.25 billion senior unsecured note, of which $144 million is outstanding, was due on May 15, according to Refinitiv Eikon data.
• Chevron Corp (CVX), ConocoPhillips (COP), Exxon Mobil Corp (XOM), Halliburton Co (HAL) & Phillips 66 (PSX). U.S. energy companies slammed the brakes on returning staff to their Houston offices as COVID-19 cases soared and top hospitals warned they could soon run out of beds for the most severely ill patients. Many energy firms qualify as essential, and therefore are free to staff normally, but the surge in illness and hospitalizations has large employers delaying or halting openings. Halliburton delayed for two weeks a second-phase of its return-to-work plan, a spokeswoman said. Chevron also has delayed its reopening plans for further evaluation, said spokesman Sean Comey. About 5% of its Houston office staff and about 2% of its San Ramon, California, workforce are in their offices now, he said. Exxon Mobil, Phillips 66 and ConocoPhillips returned some white-collar workers to their campuses in May or this month. Phillips 66 said the vast majority of its staff had returned and would remain working from their offices.
• Fiat Chrysler Automobiles NV (FCAU) The company expects car sales in Italy to fall by at least 35% this year due to the new coronavirus crisis, Pietro Gorlier, FCA's chief operating officer for Europe, the Middle East and Africa said. The first half of the year saw a 50% year-on-year drop with sales close to zero in March and April, Gorlier said, adding that there were still 450,000 vehicles in stock. Separately, Peugeot maker PSA's boss Carlos Tavares said he was confident the merger of the French carmaker and Fiat Chrysler would go ahead as planned and yield synergies of at least 3.7 billion euros.
• Ford Motor Co (F) & Vodafone Group PLC (VOD). Ford Motor has signed a deal with Vodafone to install a private 5G network at the car maker's electric-vehicle (EV) battery facility in UK's Essex, the companies said in a joint statement. The project is part of a 65-million-pound ($80.87 million) investment in 5G backed by the UK government, according to Ford and Vodafone, and would be among the first of its kind in Britain.
• Occidental Petroleum Corp (OXY). The company has asked for bids by July 1 for properties it is selling in Wyoming and Colorado, Wyoming Governor Mark Gordon said on Wednesday. The company has been struggling with debt taken on in last year's $38 billion acquisition of Anadarko Petroleum, an ill-timed bet on rising shale oil prices ahead of a market crash. Wyoming's State Lands and Investment Board plans to hold a public hearing early next week to decide if it will bid on the surface and mineral properties, Gordon said.
• Ryanair Holdings PLC (RYAAY). Europe's biggest budget airline will challenge the European Commission's approval of German rival Lufthansa's bailout, a senior Ryanair executive said. "It (Lufthansa) needs it as a war chest to fight off competition, it doesn't need it to survive," Juliusz Gomorek, Ryanair's chief legal officer told reporters.
• Tesla Inc (TSLA). The company plans to build a battery research and manufacturing facility in Fremont, California, to be operated around the clock, under a project dubbed Roadrunner, documents from the city government showed. The plan signals the U.S. electric vehicle (EV) maker's efforts to make its own automotive batteries, EVs' most expensive components. Tesla, which said it currently has a "small-scale" battery manufacturing operation in Fremont, applied for city government approval to build an expanded battery operation. It estimated construction of the project, including the installation of all manufacturing equipment, can be completed in around 3 months.
• Walt Disney Co (DIS). The company said the reopening of theme parks and resort hotels in California will be delayed until Disneyland receives approval from state officials, as the state is hit by a huge spike in new coronavirus cases. Disney had originally planned to reopen the Disneyland Park and Disney California Adventure Park on July 17. Disney had received pushback from unions representing 17,000 workers at its Disneyland Resort in Southern California, who said they were not convinced the theme park would be safe enough to reopen by the company's target date. It has also come under pressure to delay the July 11 reopening of its Orlando, Florida-based Walt Disney World.
• Yandex NV (YNDX). The Russian internet giant has doubled the size of its new share offering to $400 million, it said, which combined with private placements will raise $1 billion to finance acquisitions and growth. Yandex said that it has issued 8,121,827 new Class A shares, pricing each at $49.25 and effectively doubling the public offering to $400 million. Concurrent with the public offering, Yandex plans to sell another 12,182,739 Class A shares, to be equally taken up by VTB Capital, the investment business arm of VTB bank, and two other companies controlled by three Russian businessmen.


INSIGHT
Frustration, fear and family: lockdowns test investment bankers
Lockdowns are sharpening the knives in the cut-throat world of M&A banking. Stuck at home, armed only with a phone and a laptop, senior advisors are finding out just how strong their relationships with clients really are while frustrated juniors are left to crunch numbers in the shadows, deprived of the personal access to the rainmakers who could give their careers a boost.


ANALYSTS' RECOMMENDATION
• Abercrombie & Fitch Co (ANF). Jefferies cuts target price to $11 from $12, citing low visibility into the company’s near-term top-line performance.
• Boeing Co (BA). Berenberg cuts rating to sell from hold, to reflect deteriorating demand outlook since Q1 results, as airlines face prolonged business uncertainty and financial stress and COVID-19 remains prevalent across the globe.
• Del Taco Restaurants Inc (TACO). Piper Sandler raises target price to $6 from $5, following the company's pre-announcement of second quarter sales results.
• Ollie's Bargain Outlet Holdings Inc (OLLI). Jefferies raises target price to $112 from $105, believing that the company’s deal flow is strong, financial position is healthy, and has scalable infrastructure in place to support its growth.
• RingCentral Inc (RNG). BTIG raises target price to $325 from $275, to reflect rising sentiment and continued momentum in the company’s cloud communications space.


ECONOMIC EVENTS (All timings in U.S. Eastern Time)
0830 Corporate profits revised for Q1: Prior -14.2%
0830 Durable goods for May: Expected 10.9%; Prior -17.7%
0830 Durables ex-transport for May: Expected 2.5%; Prior -7.7%
0830 Durables ex-defense mm for May: Prior -16.6%
0830 Nondefense cap ex-air for May: Expected 1.0%; Prior -6.1%
0830 GDP final for Q1: Expected -5.0%; Prior -5.0%
0830 GDP sales final for Q1: Prior -3.7%
0830 GDP cons spending final for Q1: Prior -6.8%
0830 GDP deflator final for Q1: Expected 1.4%; Prior 1.6%
0830 Core PCE prices final for Q1: Expected 1.6%; Prior 1.6%
0830 PCE prices final for Q1: Prior 1.3%
0830 Advance goods trade balance for May: Prior -$70.73 bln
0830 Wholesale inventories advance for May: Prior 0.3%
0830 Retail inventories ex-auto advance for May: Prior -1.1%
0830 Initial jobless claims for the week ended June 20: Expected 1,300,000; Prior 1,508,000
0830 Jobless claims 4-week average: Prior 1,773,500
0830 Continued jobless claims: Expected 19.968 mln; Prior 20.544 mln


COMPANIES REPORTING RESULTS
Nike Inc (NKE). Expected Q4 earnings of 7 cents per share


CORPORATE EVENTS (All timings in U.S. Eastern Time)
0800 Armstrong World Industries Inc (AWI). Annual Shareholders Meeting
0800 McCormick & Company Inc (MKC). Q2 earnings conference call
0830 Darden Restaurants Inc (DRI). Q4 earnings conference call
0830 GMS Inc (GMS). Q4 earnings conference call
0830 Novavax Inc (NVAX). Annual Shareholders Meeting
0900 Equity Residential (EQR). Annual Shareholders Meeting
1000 Chimera Investment Corp (CIM). Annual Shareholders Meeting
1000 OPKO Health Inc (OPK). Annual Shareholders Meeting
1000 Taubman Centers Inc (TCO). Annual Shareholders Meeting
1030 HB Fuller Co (FUL). Q2 earnings conference call
1030 Worthington Industries Inc (WOR). Q4 earnings conference call
1100 Enerpac Tool Group Corp (EPAC). Q3 earnings conference call
1100 FactSet Research Systems Inc (FDS). Q3 earnings conference call
1100 IAC/InterActiveCorp (IAC). Annual Shareholders Meeting
1100 Kroger Co (KR). Annual Shareholders Meeting
1200 Healthequity Inc (HQY). Annual Shareholders Meeting
1200 Wynn Resorts Ltd (WYNN). Annual Shareholders Meeting
1300 Match Group Inc (MTCH). Shareholders Meeting
1300 Pure Storage Inc (PSTG). Annual Shareholders Meeting
1500 Veeva Systems Inc (VEEV). Annual Shareholders Meeting
1600 Cornerstone OnDemand Inc (CSOD). Annual Shareholders Meeting
1700 Nike Inc (NKE). Q4 earnings conference call
1700 Progress Software Corp (PRGS). Q2 earnings conference call
1700 SYNNEX Corp (SNX). Q2 earnings conference call
1730 Xencor Inc (XNCR). Annual Shareholders Meeting


EX-DIVIDENDS
Agree Realty Corp (ADC). Amount $0.60
Carrier Global Corp (CARR). Amount $0.08
Covanta Holding Corp (CVA). Amount $0.08
CyrusOne Inc (CONE). Amount $0.50
Danaher Corp (DHR). Amount $0.18
Dentsply Sirona Inc (XRAY). Amount $0.10
Equity LifeStyle Properties Inc (ELS). Amount $0.34
First Midwest Bancorp Inc (FMBI). Amount $0.14
Regal Beloit Corp (RBC). Amount $0.30
Sempra Energy (SRE). Amount $1.04
Uniti Group Inc (UNIT). Amount $0.15
Valmont Industries Inc (VMI). Amount $0.45

Goedemorgen
In de update van gisteren gaf ik het al aan, we moeten met long posities beginnen op te letten want alles staat ver boven niveaus die meer bij deze fase horen. Het verloop van Apple besprak ik gisteren al, het typeert de drang naar meer en nog meer maar op een gegeven moment geraakt het op en ik denk dat we nu in deze fase terechtkomen. We kijken dan vooral naar de VS hetgeen logisch is, hoe ze daar zijn omgegaan met het virus zorgt ervoor dat ze er niet vanaf geraken en gisteren zelfs het meeste aantal nieuwe gevallen kregen. Zo geraak je niet snel weer op gang met de economie en dat is hetgeen ik al een geruime tijd aangeef, het wordt allemaal wel wat beter maar het zal niet snel weer worden zoals het was ...

Het zijn zaken waar ik vanuit ging en al een tijdje maar ik heb de invloed van de zogenaamde Robin Hood Traders over het hoofd gezien en die hebben voor een groot deel de laatste fase bepaald. Wat nu wel zo is dat deze groep door de zeef moet, de markt zal ze er op een gegeven moment uit filteren en dat zal voor velen de nodige pijn met zich meebrengen. Logisch want deze groep blijkt geen enkel benul te hebben met waar ze mee bezig zijn, ik heb al passages voorbij zijn komen waar men niet vrolijk van wordt maar het is wel een feit. Tijdens bubbel vorming krijg je nu eenmaal te maken met dit soort verschijnsels, we moeten ermee leven maar nogmaals, dit had ik eerlijk gezegd niet verwacht enkele weken geleden.

Zelf heb ik dagen na elkaar gedacht, wat is er aan de hand met bijvoorbeeld Apple en Microsoft om er 2 te noemen uit de TOP 5? Het was niet echt realistisch wat er met de koers gebeurden, Apple steeg bijvoorbeeld enkele dagen na elkaar met vele procenten en dat terwijl het aandeel al met een PE van ruim 30 zit, het zal wel heel goed moeten gaan met Apple dat trouwens weer een behoorlijk aantal winkels dicht moest gooien nu het virus weer meer besmettingen veroorzaakt in de VS. En Apple was even rond de 1625 miljard waard (dinsdag) hetgeen behoorlijk is. Ook de andere TOP 5 aandelen blijven in waarde veel te duur in de fase waarin we ons bevinden en wat betreft de komende periode. Laat ik zeggen, daar kan makkelijk nog 15 tot 20% vanaf na de meest gekke rally die gaande is (of was). We gaan het zien ... Hou er nog steeds rekening mee, zodra de logica terugkeert en het slechte geld uit de markt verdwijnt kan er van de indices nog behoorlijk wat vanaf.

De Nasdaq lijkt een top te hebben gezet dinsdag, nu moeten we zien of de beide tech indices verder zullen inleveren. Verder valt het op dat de Dow Jones en de S&P 500 mogelijk een lagere top neerzetten, ook dat moeten we in de gaten houden. Wat betreft de DAX zie ik al een lagere top, de AEX zet net als de Nasdaq een dubbele top neer zo te zien via de grafiek en dat komt dan vooral door zwaargewicht ASML dat ook veel te duur is op dit moment. ASML weegt behoorlijk zwaar binnen de AEX ... We gaan zien wat de komende dagen zullen brengen, volgende week loopt het 2e kwartaal af en sluiten we de eerste helft van 2020 af, wat een jaar op alle vlakken en we zitten nu dus op de helft. Kijken we vooruit dan komt er nog veel meer aan, denk aan de verkiezingen in de VS en zie ook de te verwachten ontwikkelingen rondom de economie ... Nee, 2020 is nog lang niet voorbij, wat een jaar ...

Dinsdag rond de dagtoppen ben ik na lang wachten op een zo goed mogelijk momentum short in gestapt voor de leden, de posities die klein blijven maar waar ik de keuze heb gemaakt om er wat meer te kiezen doen het goed. Het is nu wachten op wat de markt gaat doen, zakken we nog wat verder dan kan ik het resultaat voor deze maand veel dichter bij vlak brengen. Zelf weet ik goed waar ik mee bezig ben, ik neem mijn tijd en laat me zeker niet van slag brengen. Er komen nog genoeg mooie momenten waar ik wat kan doen. Lid worden kan nu tot 1 SEPTEMBER voor €39 ... Er kan zeker een mooie reeks met resultaten komen, zeker als ik als handelaar meer grip op de markt krijg en vooral als de logica weer terug komt ... Schrijf u in via de link https://www.usmarkets.nl/tradershop en probeer te begrijpen dat leden die blijven zullen scoren ... De markt is moeilijk voor iedereen maar je moet waar het kan durf tonen, dat is wat ik doe voor de leden. Dus zorg dat u erbij bent de komende periode want ik voorzie nog mooie kansen ...

Tot straks ... Guy Boscart

DOW JONES FUTURES 🔴⬇️ -0.5%

S&P 500 FUTURES 🔴⬇️-0.4%

NASDAQ FUTURES 🔴⬇️ -0.2%

DAX FUTURES 🔴⬇️ -0,15%

NIKKEI 🔴⬇️ -1%

HANGSENG 🔴⬇️ -0,5%

VIX JUMPS 🟢 ⬆️+3%

GLOBAL TOP NEWS
An influential foundation focused on preparation and response to epidemics that is backing nine potential coronavirus vaccines has identified manufacturers with capacity to produce four billion doses a year, the group's top manufacturing expert told Reuters.

The Trump administration has determined that top Chinese firms, including telecoms equipment giant Huawei Technologies and video surveillance company Hikvision, are owned or controlled by the Chinese military, laying the groundwork for new U.S. financial sanctions.

The governors of New York, New Jersey and Connecticut on Wednesday ordered travelers from eight other U.S. states to be quarantined for two weeks on arrival, as COVID-19 infections surged in regions spared the brunt of the initial outbreak.​


EUROPEAN COMPANY NEWS
Bayer, after more than a year of talks, agreed to pay as much as $10.9 billion to settle close to 100,000 U.S. lawsuits claiming that its widely-used weedkiller Roundup caused cancer, resolving litigation that has pummeled the company's share price.

The United States moved to maintain pressure on the European Union in a 16-year dispute over aircraft subsidies by flagging possible changes in tariffs on EU goods, as the date for a decision on reciprocal EU duties slipped to the autumn.

Italy has approved a decree offering state guarantees for a 6.3-billion euro loan to Fiat Chrysler's Italian unit, the Treasury said on Wednesday, paving the way for the largest crisis loan to a European carmaker.


TODAY'S COMPANY ANNOUNCEMENTS
3i Group PLC Annual Shareholders Meeting
A.G.Barr PLC Annual Shareholders Meeting
Aalberts NV Annual Shareholders Meeting
Accenture PLC Q3 2020 Earnings Call
ALBA SE Annual Shareholders Meeting
Albis Leasing AG Annual Shareholders Meeting
Anpario PLC Annual Shareholders Meeting
Artefact SA Annual Shareholders Meeting
Auctus Growth PLC Annual Shareholders Meeting
Auto Trader Group PLC FY 2020 Earnings Release
Balfour Beatty PLC Annual Shareholders Meeting
Bauer AG Annual Shareholders Meeting
Beijer Ref AB (publ) Annual Shareholders Meeting
BH Macro Ltd Annual Shareholders Meeting
Biome Technologies PLC Annual Shareholders Meeting
BioPharma Credit PLC Annual Shareholders Meeting
Blockchain Group SA Annual Shareholders Meeting
Brioschi Sviluppo Immobiliare SpA Annual Shareholders Meeting
Calliditas Therapeutics AB Annual Shareholders Meeting
Capita PLC Annual Shareholders Meeting
Coro Energy Plc Annual Shareholders Meeting
Criteo SA Annual Shareholders Meeting
DEAG Deutsche Entertainment AG Annual Shareholders Meeting
Dedalus France SA Annual Shareholders Meeting
Deepmatter Group PLC Annual Shareholders Meeting
DEUTZ AG Annual Shareholders Meeting
Dignitana AB Annual Shareholders Meeting
ESI Group SA Annual Shareholders Meeting
EssilorLuxottica SA Annual Shareholders Meeting
Eurocon Consulting AB (publ) Annual Shareholders Meeting
exceet Group SA Annual Shareholders Meeting
Fair Value Reit AG Annual Shareholders Meeting
First Property Group PLC FY 2020 Earnings Call
Global Graphics PLC Annual Shareholders Meeting
GO internet SpA Annual Shareholders Meeting
Granges AB Annual Shareholders Meeting
Gresham House Renewable Energy VCT 1 PLC Annual Shareholders Meeting
Gresham House Renewable Energy VCT 2 PLC Annual Shareholders Meeting
Groupe Tera SA Annual Shareholders Meeting
Gyldendal ASA Annual Shareholders Meeting
Hiolle Industries SA Annual Shareholders Meeting
HPI AG Annual Shareholders Meeting
I2S SA Annual Shareholders Meeting
IDI SCA Annual Shareholders Meeting
Installux SA Annual Shareholders Meeting
International Game Technology PLC Annual Shareholders Meeting
Jeronimo Martins SGPS SA Annual Shareholders Meeting
KRM22 PLC Annual Shareholders Meeting
M&G Credit Income Investment Trust PLC Annual Shareholders Meeting
Marston's PLC Shareholders Meeting
Maternus Kliniken AG Annual Shareholders Meeting
Medicrea International SA Annual Shareholders Meeting
Microsaic Systems PLC Annual Shareholders Meeting
Millicom International Cellular SA Annual Shareholders Meeting
Mitie Group PLC FY 2020 Earnings Release
MLP SE Annual Shareholders Meeting
Mulann SA Annual Shareholders Meeting
Mycronic AB (publ) Annual Shareholders Meeting
N Brown Group PLC FY 2020 Earnings Call
NAHL Group PLC Annual Shareholders Meeting
NB Distressed Debt Investment Fund Ltd Annual Shareholders Meeting
New Wave Group AB Annual Shareholders Meeting
Next Fifteen Communications Group PLC Annual Shareholders Meeting
Niiio Finance Group AG Annual Shareholders Meeting
NMCN PLC Annual Shareholders Meeting
Norddeutsche Steingut AG Annual Shareholders Meeting
NuCana PLC Annual Shareholders Meeting
Ober SA Annual Shareholders Meeting
Pacific Assets Trust PLC Annual Shareholders Meeting
Pebble Beach Systems Group PLC Annual Shareholders Meeting
Peugeot SA Annual Shareholders Meeting
Premier Oil PLC Annual Shareholders Meeting
Property Franchise Group PLC Annual Shareholders Meeting
Rexel SA Annual Shareholders Meeting
Royal Mail PLC FY 2020 Earnings Release
RTW Venture Fund Ltd Annual Shareholders Meeting
Savills PLC Annual Shareholders Meeting
Science in Sport PLC Annual Shareholders Meeting
Scottish Mortgage Investment Trust PLC Annual Shareholders Meeting
Serica Energy PLC Annual Shareholders Meeting
SHS Viveon AG Annual Shareholders Meeting
Societe Francaise de Gestion et d'Investissement SOFRAGI SA Annual Shareholders Meeting
Sqli SA Annual Shareholders Meeting
ST Mark Homes PLC Annual Shareholders Meeting
Steico SE Annual Shareholders Meeting
Sterling Energy PLC Annual Shareholders Meeting
Tecnicas Reunidas SA Annual Shareholders Meeting
Theradiag SA Annual Shareholders Meeting
Trainline PLC Annual Shareholders Meeting
Trevi Finanziaria Industriale SpA Annual Shareholders Meeting
Troax Group AB (publ) Annual Shareholders Meeting
Umweltbank AG Annual Shareholders Meeting
Uniti SA Annual Shareholders Meeting
UV Germi SA Annual Shareholders Meeting
Valeo SA Annual Shareholders Meeting (French)
Visibilia Editore SpA Annual Shareholders Meeting
Westminster Group PLC Annual Shareholders Meeting
Wuestenrot & Wuerttembergische AG Annual Shareholders Meeting
Zooplus AG Annual Shareholders Meeting
Zumtobel Group AG FY 2020 Earnings Release​


ECONOMIC EVENTS (All times GMT)
0600 Germany GfK Consumer Sentiment for July: Expected -12.0; Prior -18.9
0700 (approx.) Austria Industrial Production yy for April: Prior -12.1%
0800 (approx.) Italy Flash Trade Balance, Non-EU for May: Prior -150 mln
1000 United Kingdom CBI Distributive Trades for June: Expected -34; Prior -50​