On the surface, the Samsung Galaxy Note 7 was supposed to be the finest piece of technology produced by the South Korean technology giant. Widely anticipated by stalwart Samsung fans and newcomers to the brand alike, the phone was meant to finally be the device that toppled Apple’s position as the world’s most valuable company. The company…
It’s been a while since easyJet (EZJ) was top of the UK Index leader board. At least a week. Today’s gains come thanks to a welcome hat-trick of; 1) GBP regaining some poise versus EUR; 2) another successful €500m 7yr bond sale, and; 3) bargain hunters jumping on-board the current 8% bounce from an 850p…
Miners Randgold Resources (RRS) and Fresnillo (FRES) are outperforming on the UK Index this morning thanks to a rebound by Gold from $1250 support. This comes thanks to Friday’s goldilocks US jobs report (not too hot it means imminent US rate rise; not too cold that we need to worry about US growth) taking USD…
This week has been a momentous one here in the office at Accendo. Tuesday saw the UK 100 break above the 7000 point barrier for the first time since 2015 and close the session at all-time highs. You may be saying to yourself something along the lines of: “Oh no! I missed the chance to get…
Many have waited patiently for over a year to buy shares in Lloyds at a 5% discount from the UK government. And I’m here to tell you that the waiting is finally over. Because it ain’t gonna happen. Sorry, but new UK chancellor Phillip Hammond has just announced that he has abandoned the UK treasury’s…
Last night’s Sterling slump was the second most extreme on record versus the Dollar and the worst since the panic of June 24 when markets reacted to the UK’s referendum result on EU membership. Investigations are underway but a single reason may never be identified for last night’s flash crash on the pound. It is…