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Accendo Press Quotes: Week-ending 7 Nov 2014

European stocks diverge before US jobs report

AFP – 7 Nov

http://www.afp.com/en/news/european-stocks-diverge-us-jobs-report

Admiral shares drop 4% as falling premiums and tough competition in price comparison market hit turnover

This is Money – 7 Nov

http://www.thisismoney.co.uk/money/markets/article-2825070/Admiral-shares-drop-4-falling-premiums-tough-competition-hit-turnover.html

European stocks open stronger

Business Spectator – 7 Nov

https://www.businessspectator.com.au/news/2014/11/7/financial-markets/european-stocks-open-stronger

UK Index steadies after gaining on Draghi’s comments

Reuters – 6 Nov

http://uk.reuters.com/article/2014/11/06/markets-stocks-UK Index -idUKL6N0SW5TL20141106

L’or poursuit sa dégringolade, au plus bas depuis avril 2010

AFP – 5 Nov

http://www.afp.com/fr/info/lor-poursuit-sa-degringolade-au-plus-bas-depuis-avril-2010

M&S shares leap as first-half profits rise

Financial Times – 5 Nov

http://www.ft.com/fastft/231372

Marks & Spencer’s Shares Surge After A Drop In Sales Because Even ‘Bad’ Is Better Than ‘Worse’

Business insider – 5 Nov

http://uk.businessinsider.com/marks-and-spencers-shares-are-surging-even-after-a-drop-in-sales-2014-11?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+(Business+Insider)?r=US

Marks & Spencer’s Sales Fall For 13th Consecutive Quarter

Int Bus Times – 5 Nov

http://www.ibtimes.co.uk/marks-spencers-sales-fall-13th-consecutive-quarter-1473248

Is today a turning point for Marks & Spencer’s share price?

CityAM – 5 Nov

http://www.cityam.com/1415183188/today-turning-point-marks-spencers-share-price

Le pétrole chute de plus de deux dollars après une baisse des prix saoudiens

AFP – 4 Nov

http://www.afp.com/fr/info/le-petrole-chute-de-plus-de-deux-dollars-apres-une-baisse-des-prix-saoudiens

Gold Nears 4-Year Low As Dollar Sees More Gains

WBP Online – 4 Nov

http://wbponline.com/Articles/View/37972/gold-nears-4-year-low-as-dollar-sees-more-gains

L&G tops UK 100 as annuity sales rise

Financial Times – 4 Nov

http://www.ft.com/fastft/230672

Another Cautious Start for London Shares as EU Forecasts Eyed

Dow Jones – 4 Nov

Mike van Dulken, Head of Research at Accendo Markets, commented to clients this morning: “The  UK 100 has fallen back below a trendline of rising support across highs from Oct 10, as well as breakout level 6500. All eyes are on whether the trendline of rising lows from 17 Oct holds can keep the uptrend alive, or whether weakness persists. Pause for breath or another leg down? Watch levels: bullish 6520, bearish 6450. In focus today, the EU Commission releases its Economic Forecasts mid-morning and Eurozone Producer Prices are seen flat in September, although still deflationary on an annual basis. The U.S. Trade Balance is forecast unchanged, while Factory Orders weakness is expected to have stabilised after August’s plunge and Economic Optimism is projected gaining a point.”  For Tuesday, Mr. van Dulken has called the UK Index down 15 points at 6470.

London open: UK stocks fluctuate at four-week high on China data, HSBC results

Digital Look – 3 Nov

2013 http://www.digitallook.com/news/market-report-opening/UK Index -stock-market-shares-uk-stocks-chinese-data-china-pmi-hsbc–616925.html

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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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