Accendo Press Quotes - Week Ending 24 March

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Accendo Press Quotes – Week Ending 24 March

24 Mar

Reuters

“This is the first real hurdle (Trump) faces, and any resistance could suggest that (he) would face similar resistance to other policies down the road,” Mike van Dulken, head of research at Accendo Markets, said. “The current rally has gone so far on promises, the markets are starting to ask for a lot more proof.”
http://uk.reuters.com/article/britain-stocks-idUKL5N1H11NK

23 Mar

Marketwatch

“Without this, Trump can’t implement the more exciting pro-growth stimulus policies markets have priced in since his election. Doubts about a favorable voting outcome are the reason for the recent market wobble, although a solid finish on Wall Street restored confidence,” analysts at Accendo Markets said in a note.

http://www.marketwatch.com/story/european-stocks-hover-at-week-lows-as-investors-eye-us-health-care-vote-2017-03-23

22 Mar

Digital Look

“The driver for the sell-off is uncertainty about implementation of the US policies that have driven the optimism that fuelled the Trump reflation trade, ushering markets to recent highs. After 2-months in office, markets want proof not just promises, fearful that the Healthcare reform Trump is using to put his stamp on the presidency could delay the tax cuts and infrastructure spending markets desire so much more,” said Mike van Dulken, Head of Research at Accendo Markets.

http://www.digitallook.com/news/market-report-europe/europe-open-stocks-down-traders-eye-key-levels-for-brent-and-euro–2585790.html

21 Mar

Telegraph

Mike van Dulken, head of research at Accendo Markets, said: “The UK Index 100 is feeling the drag of miners, and defensives with a strong international focus , such as British American Tobacco and AstraZenica, as well as BT and HSBC. This offsets banks’ strength (Deutsche capital raising, UK inflation) and oil majors (oil price bounce on weaker USD).”

http://www.telegraph.co.uk/business/2017/03/21/pound-bounces-uk-inflation-rises-23pc/

20 Mar

Business Insider

Already, markets are being “impacted by the somewhat frosty summit between US President Trump and his German counterpart Angela Merkel while Trump’s trade Secretary Mnuchin failed to allay fears of rising US protectionism at the G20 meeting in Merkel’s homeland,” said Henry Croft, research analyst at Accendo Markets, in a research note to clients after the summit.

http://uk.businessinsider.com/trump-mnuchin-g20-protectionism-2017-3

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

Comments are closed.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.