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Accendo Press Quotes – Week Ending 22 Sept

22 Sept DigitalLook (Link) Mike van Dulken at Accendo Markets said: “There have been no leaks as yet, but she is widely expected to address three issues – citizens’ rights, monies owed and a transition period – and bid farewell to the ‘no deal is better than a bad deal’ mantra. She will pledge stronger legal protection for…

Nukes, North Korea and New Record Highs

Another week, another tirade of insults. US President Donald Trump branded Kim Jong-Un ‘Rocketman’ while Un called Trump a dotard. But while the most important game of insult tennis wages on into a third month, markets could barely be less interested, and this could be the reason why. Thankfully, this isn’t World War Three. Even…

Risk vs Reward: the perfect trade set-up

I’m often asked what makes the perfect trade set-up in terms of risk vs reward. But it’s too easy to pick and choose from an abundance of share price charts when you have hindsight on your side. So my answer is always the same. Forget charts and share prices for a moment and let’s go…

Kingfisher: A toolbox of positives

Kingfisher shares are top dog on the UK 100 this morning, over 5% to the good after its latest trading update. This despite headline first half like-for-like sales -1.3%, profits -6% and management reiterating a cautious outlook for the second half. Outlook usually trumps everything else (after all, you can’t buy past growth), in which…

Accendo’s Foreign Exchange Forecasts, Monday 18 September

Macro observations After a week in which the Pound clawed back gains against peers on strikingly hawkish rhetoric from the Bank of England, it’s the turn of the central bank’s stateside counterparts to update the market, with many expecting a significant policy announcement. But before the Fed takes the spotlight, the Bank of England Governor…

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…

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