The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSB.L Share News (RDSB)

  • There is currently no data for RDSB

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Thursday preview: US data and Royal Dutch Shell in the spotlight

Wed, 30th Oct 2019 17:29

(Sharecast News) -

Financial markets on Thursday will be digesting the decision taken overnight by the US central bank to cut interest rates again, even while signalling a possible pause in its policy easing, in what some analysts described as a 'hawkish ease'.




Also due out overnight is the 'official' Chinese manufacturing sector Purchasing Managers' Index for October.

Against that backdrop, a raft of US economic data is set for release, including readings for initial jobless claims, personal income and spending and the regional Chicago factory PMI.

Across the Channel, the focus will be on preliminary CPI data in the euro area covering the month of October.

On home turf, the results of consultancy GfK's consumer confidence survey will be in the spotlight.

For Royal Dutch Shell's third quarter results, analysts at RBC Capital Markets have penciled-in net income of $3.7bn (consensus: $3.9bn) for operating cash flows of $12.5bn before interest payments, alongside capital expenditures of $6.3bn.

Gearing meanwhile is anticipated to be flat quarter-on-quarter at 27.1%.

"Similar to recent quarters, we do not expect the company to alter its path and expect the buyback run rate at around $2.75bn to continue each quarter," they said.

"That said, we think the company needs to show full coverage of the buyback via organic cash flow in order to be rewarded, and so far this coverage has been relatively patchy from quarter to quarter."

Wednesday 30 October

INTERIM DIVIDEND PAYMENT DATE

Essentra, Shore Capital Group Ltd., Smith & Nephew, Trans-Siberian Gold, Xpediator

QUARTERLY PAYMENT DATE

Marble Point Loan Financing Limited NPV

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Business Climate Indicator (EU) (10:00)

Consumer Confidence (EU) (10:00)

Crude Oil Inventories (US) (14:30)

Economic Sentiment Indicator (EU) (10:00)

GDP (Preliminary) (US) (12:30)

Industrial Confidence (EU) (10:00)

MBA Mortgage Applications (US) (11:00)

Services Confidence (EU) (10:00)

Unemployment Rate (GER) (08:55)

Q3

Smurfit Kappa Group

FINALS

Leaf Clean Energy Co (DI)

EGMS

ADES International Holding (DI)

AGMS

Angle, Ashoka India Equity Investment Trust, Frontier Developments, Goldplat, Hargreaves Services, Ideagen, Pantheon International , Redde, Sensyne Health

UK ECONOMIC ANNOUNCEMENTS

BRC Shop Price Index (00:01)

Nationwide House Price Index (07:00)

FINAL DIVIDEND PAYMENT DATE

Haynes Publishing Group

FINAL EX-DIVIDEND DATE

North Atlantic Smaller Companies Inv Trust
More News
31 Mar 2020 13:25

Tuesday broker round-up

(Sharecast News) - Taylor Wimpey: JP Morgan downgrades to neutral with a target price of 110p.

Read more
24 Mar 2020 16:24

FTSE 100 risers: Oil majors, insurers power 'bear market' rally

(Sharecast News) - Shares of oil majors BP and Royal Dutch Shell powered Tuesday's bear market rally on the Footsie, alongside big advances for insurers and some beaten down travel stocks.

Read more
24 Mar 2020 11:10

Europe open: Stocks bounce on stimulus hopes, oil and gas shares jump

(Sharecast News) - Stocks are putting in a decent bounce across the Continent, buoyed by reports of further fiscal stimulus in the pipeline.

Read more
19 Mar 2020 17:29

FTSE 100 movers: Travel & Leisure stocks find a bid, but Meggitt still unloved

(Sharecast News) - Travel-related issues paced gains on the top-flight index as central banks on both sides of the Atlantic, including the Bank of England, US Federal Reserve, and European Central Bank carried out simultaneous emergency actions to help smooth over the dislocations in financial markets.

Read more
18 Mar 2020 11:05

Oil prices in fresh falls as lockdown fears weigh heavily

(Sharecast News) - Oil prices have taken a fresh pounding, as the growing global lockdown and souring of relations between Saudi Arabia and Russia weigh heavily.

Read more
12 Mar 2020 14:55

JP Morgan downgrades Shell to 'neutral' on vulnerability to demand risks

(Sharecast News) - Analysts at JP Morgan downgraded their recommendation for shares of Royal Dutch Shell 's B shares from 'overweight' to 'neutral' on the back of the recent "breakdown" in relations among OPEC+ members that had resulted in a crude oil price crash.

Read more
9 Mar 2020 09:06

Goldman Sachs cuts oil forecasts as price war gets underway

(Sharecast News) - Goldman Sachs has cut its forecasts for crude oil prices following a dispute between Russia and Saudi Arabia, warning that they could fall as low as $20 a barrel.

Read more
8 Mar 2020 22:46

Brent oil futures plummet 25% after Saudi Arabia cuts selling prices

(Sharecast News) - Crude oil futures are hurtling lower following Saudi Arabia's decision to slash its official selling price, marking the start of a price war after the Organisation of Petroleum Exporting Countries's failure to strike an agreement with the Russian Federation during the previous week to curb production.

Read more
6 Mar 2020 17:10

London close: Stocks end sharply lower again as oil futures crash

(Sharecast News) - London equity markets finished near their worst levels of the session on Friday, with oil and gas shares under the cosh after the Russian Federation refused to go ahead with another oil output cut alongside the Organisation of Petroleum Exporting Countries.

Read more
6 Mar 2020 10:54

Brent oil futures slide on reports Russia will not agree to extra cuts

(Sharecast News) - Russia is willing to extend the existing oil output curbs agreed with other OPEC+ countries until June, but for the moment refuses to participate in extra reductions.

Read more
20 Feb 2020 11:46

Global demand for LNG hit 359m tonnes in 2019 - Shell

(Sharecast News) - Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell's latest annual LNG Outlook published on Wednesday.

Read more
31 Jan 2020 12:55

Friday broker round-up

(Sharecast News) - Hargreaves Lansdown: Liberum upgrades to buy with a target price of 2,125p.

Read more
26 Jan 2020 10:03

Sunday share tips: Royal Dutch Shell, Global Sustainable Farmland Income Trust

(Sharecast News) - In her 'Inside the City' column for the Sunday Times, Jill Treanor wrote that after her appearance at the World Economic Forum in Davos last week, Greta Thunberg's message should have reached every corner of every boardroom by now.

Read more
24 Jan 2020 11:18

Week ahead: Bank of England (and Fed), Shell in focus

(Sharecast News) - Central banks will be front and centre on investors' minds over the coming week, with the Bank of England possibly set to cut interest rates and the US Federal Reserve having the power to stop the current sharp gains in the stockmarket in its tracks, according to analysts.

Read more
19 Nov 2019 13:08

Tuesday broker round-up

(Sharecast News) - B&M: Citigroup downgrades to neutral with a target price of 405p.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.