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Accendo Press Quotes – Week Ending 17 Mar

17 Mar

quotesDigitalLook

  • Accendo Markets research analyst Henry Croft said the safe-haven yellow metal was “struggling to overcome $1,231” as it looked to continue its Fed-inspired rally to fresh March highs.
  • http://www.digitallook.com/news/commodities/commodities-metals-crude-trade-sideways-with-gold-facing-resistance-around-1231oz–2580186.html

16 Mar

Business Insider

  • The UK Index ‘s rally comes “thanks to investors ignoring the Fed’s rate hike to concentrate on an unchanged outlook. Forecasting just two more hikes this year, markets have digested the policy update as less hawkish than it could have been. A USD sell-off has thus helped Oil and metals extend rebounds,” Mike van Dulken, head of research at Accendo Markets writes in a morning email.
  • http://uk.businessinsider.com/UK Index -100-record-high-thursday-march-16-2017-3/?r=US&IR=T#ph3XXbgDUW0gU8RF.97

15 Mar

Armchair Trader 

  • Accendo Markets Analyst, Mike Van Dulken suggested – “This afternoon’s US Consumer Price Inflation (CPI) is the last inflationary offering for the Fed’s FOMC before it delivers a highly anticipated rate hike this evening. CPI is expected to show continued acceleration on an annual basis and even if the more crucial Core reading (ex-Food & Energy) ticks back from 5yr highs, it remains above the Fed’s 2% target.”
  • http://www.thearmchairtrader.com/news/all-roads-lead-to-the-federal-reserve-meeting-later-today

14 Mar

Digital Look

  • “Calls for a positive open come in spite of a mixed showing for Wall St and minor losses for Asia overnight as looming central bank meetings and geopolitics keep investors on their toes. The UK Index outperforms thanks to oil prices regaining poise, overnight macro data and FX moves after resilient data from China and a GBP pullback,” said Mike van Dulken, head of research at Accendo Markets.
  • http://www.digitallook.com/news/market-report-europe/europe-open-stocks-lower-as-traders-keep-an-eye-on-politics–2572383.html

13 Mar

Scotsman

  • Mike van Dulken, head of research at Accendo Markets, believes the deal “signals logical consolidation as those that operate in and around the energy sector exit the toughest of times and aim to enter the new era of lower prices on a stronger footing, able to better weather any future storms”.
  •  http://www.scotsman.com/news/more-m-a-deals-in-the-pipeline-for-oil-services-firms-1-4391627
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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research

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