>>> China Commerce Ministry (MOFCOM) spokesperson Gao Feng: US and China working

China Commerce Ministry (MOFCOM) spokesperson Gao Feng: US and China working teams will be in intensive contact in Aug to lay good groundwork for trade talks in Sept
- Reiterates stance both sides concerns should be taken into consideration so that solution to trade issues has been found
- China hopes US will implement its commitments
- US and China negotiators discussed why the trade talks broke down, principles for future talks in Shanghai.

>>> TradeGate Pre-Mkt Indications

DAX:
  • Daimler (DAI TH) +0.7%
  • Wirecard (WDI TH) -0.5%
  • Lufthansa (LHA TH) -0.6%
  • ThyssenKrupp (TKA TH) -1.2%
  • Siemens (SIE TH) -2.6%
    • Siemens Warns Industry Downturn Makes Goals Tougher to Meet (1)
MDAX:
  • Zalando (ZAL TH) +5.3%
    • Zalando Raises Profit Forecast as Second Quarter Beats Estimates
  • Commerzbank (CBK TH) +1%
  • Evotec SE (EVT TH) +0.7%
  • Telefonica Deutschland (O2D TH) +0.7%
  • Airbus (AIR TH) +0.6%
  • ProSieben (PSM TH) -0.5%
  • Rocket Internet (RKET TH) -0.7%
  • Hugo Boss (BOSS TH) -2%
    • Hugo Boss Second Quarter Revenue Meets Estimates
  • Rheinmetall (RHM TH) -2.3%
    • Rheinmetall Cuts FY Sales Growth View to Lower End of Range (1)
  • Fuchs Petrolub (FPE3 TH) -8.6%
    • Fuchs Petrolub Sees FY Ebit -20% to -30%; Revenue 0% to -3% (1)
SDAX:
  • Deutz (DEZ TH) +4.7%
    • Deutz Maintains Full Year Adjusted Ebit Margin At Least 5%
  • Steinhoff (SNH TH) +2.2%
  • Kloeckner (KCO TH) +2%
  • DIC Asset (DIC TH) +1.6%
    • DIC Asset Cites GEG Performance as 1H FFO Rises to EU43 Mln
  • Aixtron (AIXA TH) -1.5%
  • Nordex (NDX1 TH) -1.8%
  • Aumann (AAG TH) -1.9%
  • RIB Software (RIB TH) -2.9%
    • Germany’s RIB Software Draws Bidders as CEO Plans Exit (1)