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Accendo Press Quotes – Week Ending June 16

16 June

Business Insider
quotes

  • “A positive opening call comes as Asian bourses shrug off a negative close on Wall St where Tech had another bad session. Markets are welcoming positivity on the Greek debt front, offsetting that more hawkish Fed stance from mid-week, and deal well with ever present global geopolitical uncertainty,” said Mike van Dulken, head of research at Accendo Markets.
  • http://uk.businessinsider.com/european-markets-june-16-greek-debt-2017-6

15 June

Reuters

  • “If one of the indices is going to find things tougher, it’s likely to be the (UK Index ) 250 rather than the 100,” said Mike van Dulken, head of research at Accendo Markets.
  • http://www.reuters.com/article/britain-stocks-idUKL8N1JC4N4

14 June

Digital Look

  • Commenting on the outlook for the Fed meeting, Michael van Dulken and Henry Croft at Accendo Markets told clients: “Greater onus, however, will be on outlook and whether we get hints about another two hikes this year, vindicating last December’s 4-hike forecast. Any mention of timing on trimming its QE-bloated balance sheet would also be welcome. “With early 2016’s disastrous forecasting still fresh in markets’ memory, any move away from prior forecasts might see USD confidence drop and Chair Janet Yellen’s press conference (7:30pm) become a heated affair, given markets’ dislike of uncertainty and surprises.”
  • https://www.digitallook.com/news/market-report-europe-close/europe-close-stocks-end-near-days-lows-after-us-cpi-data–2722561.html

13 June

Daily Mail

  • Accendo Markets analyst Mike van Dulken: ‘It’s really the first sign of positive news after what has recently been a bit of a nightmare for Capita. ‘They still do not have a chief executive, but it looks as though – for the moment – they are still able to secure contracts and you would expect them to do even better when someone is finally on board.’

  • http://www.dailymail.co.uk/money/markets/article-4601524/Capita-shares-eight-month-high-profit-warnings.html

12 June

Telegraph

  • Mike van Dulken, of Accendo Markets, said: “Equities are rather mixed this morning into the new week. The UK UK 100 is well off its worst levels and outperforming thanks to oil pushing north and fresh GBP weakness from political woes in Westminster offering another welcome translational boost for those with international exposure. Conversely, EUR strength fuelled by a combination of USD weakness and the prospect of a Macron legislative landslide and softer Brexit is really hindering Germany’s DAX, along of course with Tech sector weakness following Friday’s US sell-off.”
  • http://www.telegraph.co.uk/business/2017/06/12/UK Index -100-falters-pound-pressure-uk-business-confidence-slumps/6
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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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