Tuesday, 3 November 2015

Financial Orbit wrap 03/11/15

Five sentences or graphics which sum up the Financial Orbit output over the last 24 hours across the website, twitter account and anything else thought about...

1.  Global GDP trends – pretty clear still challenges out there!

 

2. Another earnings-fest starting in Europe I noted the observation made by the Standard Chartered CEO:

'pockets of excellence buried under piles of..."fertiliser" ' - Standard Chartered CEO on what he has found in his first 5 months on the job

At the above link I write why I believe in the money raising.  Additionally I reviewed the corporate comments from Weir Group and Imperial Tobacco

3. A further set of European earnings excitements here included this from the Royal Dutch Shell  'management day':

A lot of headlines will be taken by the boost in 'verified synergies' from Shell's combination with BG Group which is clearly a positive for deal rationale...



The above link also includes thoughts on BMW and UBS

4. There were also a lot of US corporate earnings.  ADM caught my eye as written up here:

Which chart do you prefer from the presentation deck? Well share -8% tells you the market's preference.

Also written up at the link above were thoughts on Kellogg's, Sprint and Mosaic

5. Finally, as the probability hopes of a December rate rise in the US increase...

 ...the wage growth profile in the other major economy where rates are mooted to increase sooner rather than the later (the UK) remains shabby compared to the start of the global financial crisis.  


All eyes on the US jobs and related data coming out on Friday...

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