Accendo Press Quotes - Week Ending August 11

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Accendo Press Quotes – Week Ending August 11

11 Aug

Telegraph

Here’s Michael van Dulken of Accendo Markets: “Calls for another negative open (third on the trot) comes after a US equity selloff, inspired by fresh Trump aggression towards North Korea, made for a weak session in Asia overnight.”
http://www.telegraph.co.uk/business/2017/08/11/asian-markets-slide-donald-trump-warns-north-korea-nervous/

10 Aug

Investment Week

Mike van Dulken, head of research at Accendo Markets, commented:”Equities remain under pressure from geopolitical tensions but are also being impacted by ex-dividends and macro data. “The UK UK Index has broken lower following a disappointing trio of mixed UK Industrial/Manufacturing Production, another construction output decline and a wider trade deficit. “The UK 100 has broken below 7,450 points, extending its retrace towards the 7,365 floor its six-week rising channel.”
https://www.investmentweek.co.uk/investment-week/news/3015382/gold-climbs-as-UK Index -falls-amid-escalating-us-north-korean-tensions

9 Aug

Guardian

Mike van Dulken, head of research at Accendo Markets, said: “Equities are nursing losses thanks to an unwelcome escalation in geopolitical tensions between the US and North Korea, both trading nuclear threats that have awoken volatility from its slumber and seen risk assets shunned in favour of the traditional safe havens.”
https://www.digitallook.com/news/market-report-midday/london-midday-stocks-flat-but-pound-continues-to-lose-ground-on-euro–2806723.html

8 Aug

Digital Look

“Equities remain mixed, and to a certain extent rangebound,” said analyst Mike van Dulken at Accendo Markets. “The UK Index holds its sideways channel, digesting the recent rally. The DAX outperforms after a breakout from the range since yesterday lunch. Poor China/German trade data dented sentiment, but a weaker USD helping commodities and positive corporate results keep the longer-term uptrend alive.”
https://www.digitallook.com/news/market-report-midday/london-midday-stocks-flat-but-pound-continues-to-lose-ground-on-euro–2806723.html

7 Aug

Financial Times

Mike van Dulken, head of research at Accendo Markets, a trading group, says it is “interesting” that Mr Corcoran signalled his departure “very soon after the merger”, adding: “I don’t know whether he saw that as his swansong, and that he could see he has taken the company so far and made it as big as it can ever get.”
https://www.ft.com/content/f493f0a6-7b8a-11e7-ab01-a13271d1ee9c

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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