Novosti i prognoe: tržište kapitala od 21-10-2019

U.S. stock-index futures rose on Monday amid optimism around U.S.-China trade talks.However, further growth was limited by continuing drop in Boeing’s shares.

Global Stocks:

Analysts at TD Securities are expecting the Bank of Canada (BoC) to cut rates by 50bps over 2020, with 25bp cuts in January and April.

• “While the Canadian economy has thus far been resilient to global headwinds, we do not believe recent actions taken by the US and China to enough to meaningfully resolve the elevated level of trade uncertainty. This should prompt the BoC to provide more stimulus to offset the impact of global headwinds, although recent messaging suggests there is a very high bar to do so by the end of 2019.
• Underscoring the BoC's (relatively) constructive outlook is a healthy starting point; Q2 GDP was stronger than expected at 3.7%, and even with an undesirable composition (domestic demand contracted by 0.7%) the output gap is nearly closed.
• Core CPI remains target at 2.0% on average and labour market strength has shown no signs of abating, which supports the narrative that soft Q2 consumption was a one-off.”

Wall Street. Stocks before the bell

(company / ticker / price / change ($/%) / volume)

Apple (AAPL) target raised to $280 from $225 at Raymond James

Boeing (BA) downgraded to Neutral from Buy at UBS; target lowered to $375

Boeing (BA) downgraded to Neutral from Outperform at Credit Suisse; target lowered to $323

IBM (IBM) downgraded to Neutral from Buy at UBS; target lowered to $140

October 22

Before the Open:

McDonald's (MCD). Consensus EPS $2.21, Consensus Revenues $5472.43 mln

Procter & Gamble (PG). Consensus EPS $1.24, Consensus Revenues $17432.67 mln

Travelers (TRV). Consensus EPS $2.35, Consensus Revenues $7168.86 mln

United Tech (UTX). Consensus EPS $2.03, Consensus Revenues $19305.23 mln

After the Close:

Snap (SNAP). Consensus EPS -$0.05, Consensus Revenues $435.71 mln

October 23

Before the Open:

Boeing (BA). Consensus EPS $2.18, Consensus Revenues $20162.86 mln

Caterpillar (CAT). Consensus EPS $2.90, Consensus Revenues $13490.05 mln

Freeport-McMoRan (FCX). Consensus EPS $0.01, Consensus Revenues $3511.58 mln

After the Close:

eBay (EBAY). Consensus EPS $0.64, Consensus Revenues $2647.12 mln

Ford Motor (F). Consensus EPS $0.26, Consensus Revenues $33875.57 mln

Microsoft (MSFT). Consensus EPS $1.24, Consensus Revenues $32240.71 mln

Tesla (TSLA). Consensus EPS -$0.28, Consensus Revenues $6483.02 mln

October 24

Before the Open:

3M (MMM). Consensus EPS $2.50, Consensus Revenues $8196.64 mln

Comcast (CMCSA). Consensus EPS $0.74, Consensus Revenues $26793.60 mln

Dow (DOW). Consensus EPS $0.73, Consensus Revenues $10848.16 mln

Twitter (TWTR). Consensus EPS $0.20, Consensus Revenues $875.29 mln

After the Close:

Amazon (AMZN). Consensus EPS $4.50, Consensus Revenues $68707.18 mln

Intel (INTC). Consensus EPS $1.24, Consensus Revenues $18065.51 mln

Visa (V). Consensus EPS $1.43, Consensus Revenues $6099.56 mln

October 25

Before the Open:

Verizon (VZ). Consensus EPS $1.23, Consensus Revenues $32738.81 mln

Yandex N.V. (YNDX). Consensus EPS RUB23.12, Consensus Revenues RUB44304.96 mln