BERLIN/FRANKFURT, April 10 (Reuters) - The following are some of the factors that may move German stocks on Wednesday:
The European Central Bank is all but certain to keep policy on hold on Wednesday, taking its time to evaluate whether its most recent stimulus cocktail is enough to arrest a rapid decline in sentiment.
Additionally, the ECB has nominated board member Yves Mersch to serve as the new vice chair of its bank supervision arm, ending a two month vacancy in the post.
EU leaders will grant Prime Minister Theresa May a second delay to Brexit but they could demand she accepts a much longer extension as France pushed for conditions to limit Britain’s ability to undermine the bloc.
A plan by Qatar’s sovereign wealth fund QIA to make a significant investment in Deutsche Bank has stalled, two people with knowledge of the matter told Reuters.
Separately, Deutsche Bank’s CEO had a series of meetings with Germany’s deputy finance minister before and immediately after it announced merger talks with state-backed rival Commerzbank, according to information revealed by the government.
Deutsche Boerse is acquiring Axioma, a cloud-based portfolio and risk management software company, in a $850 million deal and will combine it with its own index business, it said.
Airbus dismissed more than 100 people and issued more than 300 warnings for ethics or compliance reasons in 2018, two people familiar with the company data said.
2018 annual report due
Capital markets day due
AIRBUS - 1.65 eur/shr dividend proposed
Dow Jones -0.7 pct, S&P 500 -0.6 pct, Nasdaq -0.6 pct at close.
Nikkei -0.7 pct, Shanghai stocks -0.4 pct.
Time: 4:31 GMT.
* No major economic data scheduled
REUTERS TOP NEWS (Reporting by Berlin Speed Desk and Frankfurt Newsroom)