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Accendo Press Quotes – Week Ending 15 Sept

15 Sept

Marketwatch (Link)

  • “The market response has been thus far rather muted. Either because we’ve got used to the threats, expected it after recent sanctions led to more aggressive rhetoric, or because Pyongyang kept it local (another intermediate range rather than intercontinental), annoying Japan but not quite goading the West,” said analysts at Accendo Markets in a note.

14 Sept

Interactive Investor/Alliance News (Link)

  • “Shareholders may even be wondering whether today’s upgraded guidance figures are conservative, destined for a beat to ensure a 2016-17 run of downgrades is water under the bridge,” said Michael van Dulken, head of research at Accendo Markets.

13 Sept

Reuters (Link)

  • “The UK Index is back for a bullish test of 7,400”, Mike van Dulken, head of research at Accendo Markets, said, pointing to a fall in the pound due to “disappointing” UK wage growth.

12 Sept

Telegraph (Link)

  • Accendo Markets head of research Mike Van Dulken commented on this morning’s action “Equities are mixed this morning, but not for want of underlying risk appetite as recent market take a back seat. While Dow futures and Germany’s DAX push further north the UK Index is the odd one out, nursing minor losses, after strong UK inflation data sent the pound higher to the detriment of its significant international exposure.

11 Sept

Telegraph (Link)

  • Accendo Markets analyst Mike Van Dulken said this on today’s play: “Traders have started the new week hungry for risk, pushing equities and base metals higher on reduced concerns about North Korea and Hurricane Irma (although both very much still in play) and supportive China inflation data. As usual, bullishness has proved detrimental to safe havens like Gold, Bonds and the Yen & Swiss Franc.
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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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