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Accendo Press Quotes – Week Ending 16 Oct

Global equity rally gains momentum

AFP/Business Post – 16 Oct

http://www.businesstimes.com.sg/stocks/global-equity-rally-gains-momentum

Shares rise on hopes for US interest rate hike delay

Proactive Investors – 16 Oct

http://www.proactiveinvestors.co.uk/companies/market_reports/116291/shares-rise-on-hopes-for-us-interest-rate-hike-delay-116291.html

Risk-on, but for how long?

Proactive Investors – 16 Oct

http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/23382/risk-on-but-for-how-long-23382.html

UK Index LIVE: Footsie off to solid start, lead by strong gains on Wall Street and Asia overnight

This is Money – 16 Oct

http://www.thisismoney.co.uk/money/markets/article-3275410/UK Index -LIVE-Footsie-strong-start-lead-strong-gains-Wall-Street-Asia-overnight.html

La Bourse de Londres progresse avec le secteur pétrolier

Le Point/AFP – 16 Oct

http://www.lepoint.fr/bourse/la-bourse-de-londres-progresse-avec-le-secteur-petrolier-16-10-2015-1974140_81.php

Markets rally as investors see no early US rate hike – business live

Guardian – 16 Oct

http://www.theguardian.com/business/live/2015/oct/16/markets-rally-us-rate-hike-volkswagen-sales-business-live

Burberry slumps as Chinese cut back on luxury shopping

CNN Money – 15 Oct

http://money.cnn.com/2015/10/15/investing/burberry-sales-china-slump/index.html

Burberry Sales Slammed In Q3 By Weakening China Market

Business Pundit – 15 Oct

http://www.businesspundit.com/burberry-sales-slammed-in-q3-by-weakening-china-market/

Le pétrole recule, sous pression avant les stocks américains

Romandie – 15 Oct

http://www.romandie.com/news/Le-petrole-recule-sous-pression-avant-les-stocks-americains/639300.rom

Burberry crashes amid China-led downgrades

Interactive Investor – 15 Oct

http://www.iii.co.uk/articles/272165/burberry-crashes-amid-china-led-downgrades

DJ UK Market Talk Roundup: Shares Losing

Dow Jones – 15 Oct

Shares of Burberry fall further as “investors check out” following a weak first half report that missed consensus,” says Mike van Dulken, head of research at Accendo Markets. The “legendary Chinese consumer” seems to be spending less on their much loved luxury goods at home, “even if they continue to ring up the tills in Japan and Europe thanks to currency benefits,” he says. Even U.S. demand is proving far from uniform, he says. The shares are “trading below even the most bearish broker target of 1300p, suggesting analyst models at both ends of the spectrum likely require come considerable updating,” he says.

Burberry facing analyst downgrades after warning on China slowdown

News.Markets – 15 Oct

http://news.markets/shares/burberry-facing-analyst-downgrades-after-warning-on-china-slowdown-16992/

Burberry shares dive after China troubles hit sales

CityWire – 15 Oct

http://citywire.co.uk/money/burberry-shares-dive-after-china-troubles-hit-sales/a851214

Wal-Mart shocks markets with profit warning

Proactive Investors – 15 Oct

http://www.proactiveinvestors.co.uk/companies/news/116235/wal-mart-shocks-markets-with-profit-warning-116235.html

La Bourse de Londres rebondit malgré une chute de Burberry

Le Point/AFP – 15 Oct

http://www.lepoint.fr/bourse/la-bourse-de-londres-rebondit-malgre-une-chute-de-burberry-15-10-2015-1973733_81.php

UK Index holding on, Gold flying; Banks

Proactive Investors – 15 Oct

http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/23368/UK Index -holding-on-gold-flying-banks-23368.html

Market Report: Investors cheer as Al Noor health care battle hots up

Telegraph – 14 Oct

http://www.telegraph.co.uk/finance/markets/marketreport/11932097/Market-Report-Investors-cheer-as-Al-Noor-health-care-battle-hots-up.html

London close: Stocks drop as market weighs US retail sales, China inflation, UK jobs

Digital Look – 14 Oct

http://www.digitallook.com/news/market-report-close/london-close-stocks-drop-as-market-weighs-us-retail-sales-china-inflation-uk-jobs–894997.html

Fresh China woes knock world markets

AFP – 14 Oct

https://uk.news.yahoo.com/fresh-china-woes-knock-world-115350278.html#Bv2AMXr

Hargreaves Lansdown shares surge on record inflows

CityWire – 14 Oct

http://citywire.co.uk/money/hargreaves-lansdown-shares-surge-on-record-inflows/a848951

Stocks: 5 things to know before the open

CNN Money – 14 Oct

http://money.cnn.com/2015/10/14/investing/premarket-stocks-trading/index.html

Deflationary fears are the only thing inflating

Proactive Investors – 14 Oct

http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/23363/deflationary-fears-are-the-only-thing-inflating-23363.html

Chinese deflation fears hit markets – business live

Guardian – 14 Oct

http://www.theguardian.com/business/live/2015/oct/14/chinese-deflation-fears-markets-uk-unemployment-live

La Bourse de Londres baisse de 1,07% en début de séance à cause de la Chine

Le Point/AFP – 14 Oct

http://www.lepoint.fr/bourse/la-bourse-de-londres-baisse-de-1-07-en-debut-de-seance-a-cause-de-la-chine-14-10-2015-1973375_81.php

Barclays is giving a ‘conflicting message’ with its new CEO and investors aren’t happy

Business Insider – 13 Oct

http://uk.businessinsider.com/barclays-conflicting-message-with-its-new-alleged-ceo-james-jes-staley-and-its-killing-the-stock-2015-10

Worldpay IPO: £4.8bn valuation leads to biggest London floatation of 2015

Int. Bus. Times – 13 Oct

http://www.ibtimes.co.uk/worldpay-ipo-4-8bn-valuation-leads-biggest-london-floatation-2015-1523757

Asia: Chinese slowdown drags most stocks lower

Digital Look – 13 Oct

http://www.digitallook.com/news/market-report-asia/asia-chinese-slowdown-drags-most-stocks-lower–892827.html

Barclays picks ex-US investment banker as new boss – reports

Proactive Investors – 13 Oct

http://www.proactiveinvestors.co.uk/companies/news/116157/barclays-picks-ex-us-investment-banker-as-new-boss-reports-116157.html

European stocks veer toward lowest close in almost two weeks

Marketwatch – 13 Oct

http://www.marketwatch.com/story/european-stocks-veer-toward-lowest-close-in-almost-two-weeks-2015-10-13

China exports more bad news; Oil backflow

Proactive Investors – 13 Oct

http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/23352/china-exports-more-bad-news-oil-backflow-23352.html

China catch-up, Mucho (Piccho) Central Bank talk

Proactive Investors – 12 Oct

http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/23343/china-catch-up-mucho-piccho-central-bank-talk-23343.html

European stocks open steady

AFP/Telegraph – 12 Oct

http://www.dailytelegraph.com.au/business/breaking-news/european-stocks-open-steady/story-fnn9c0gv-1227566536326

http://www.theaustralian.com.au/business/latest/european-stocks-open-steady/story-e6frg90f-1227566536326

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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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