Macro observations With the Euro on a tear against its Anglo-American counterparts, this week investors will be keeping an eye out for an all-important trend change. Against the US Dollar, the European single currency is trading at a 23-month high and threatening to break out of a significant trading range. The Euro hasn’t traded above…
The UK Index airlines sector has had a tough week, shares falling 1.5% to 13% to keep investors on their toes but also offer multiple trading opportunities. Our position at the market coalface has once again proved invaluable to clients, allowing us communicate on the many drivers in play, providing clients with an opportunity to…
Hold on to your hats, because next week we see earnings season kick into top gear. With 31 of the UK’s largest blue chip index companies reporting figures, for a total of a whopping 45% by weight, we’re in for one hell of a ride. With so many UK 100 companies reporting, could we even…
21 July Zonebourse “Cette ouverture stable suit une session mitigée à Wall Street et une petite faiblesse des marchés asiatiques”, ont expliqué Mike van Dulken et Henry Croft d’Accendo Markets. https://www.zonebourse.com/actualite-bourse/Londres-quasi-stable-en-debut-de-seance–24795486/ 20 July AP/Daily Mail ANALYST TAKE: “Investors will be carefully listening to ECB head Mario Draghi at his policy update press conference this afternoon…
Macro observations Following the pivotal events last week for the US dollar, it’s time for Europe to take over. The greenback has sunk to fresh 10-month lows following the latest spate of weaker-than-expected macroeconomic data, but can the European Central Bank continue to take the gloss off the world’s reserve currency? On Thursday the Governing…
14 July Reuters UK “In Europe, we’re still not dealing with any higher interest rates, which should be benefiting the U.S. (banks) slightly in terms of net interest margin,” Mike van Dulken, head of research at Accendo Markets, said. “That said we’ve still got the supportive QE helping, but yields are still low, which…