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Accendo Press Quotes – Week Ending June 23

23 June DigitalLook “A negative opening call for European equities comes a after a mixed stateside session, and slim gains in in Asia overnight. Investors may be sceptical of the latest oil price bounce, having been here several times lately but continually failing to overcome a downtrend channel amid global oversupply,” said analysts Mike van…

Accendo’s Foreign Exchange Forecasts, Monday 19 June

Macro observations 82 days after the triggering of Article 50, and the beginning of the UK’s exit form the EU, Brexit negotiations finally get underway in Brussels. Diplomats from both sides of the channel now have a little over 500 days until the EU’s head negotiator Barnier’s self-imposed November 2018 deadline for an informal deal to be…

Tesco: Every little trade opportunity helps

tesco shares

Tesco shares offered two textbook trading opportunities for traders today. So long as they were quick, and prepared to look through the gloss of a quarterly trading statement. And take the latest “everything is rosy” management spiel in the context of recent macro data, uncertain Westminster politics and most of all the shares’ technical set-up….

Brexit negotiations: On your marks, get set, go!

With the UK election excitement now all but over, markets now have an event of far greater significance to turn their attention to. Having been officially triggered back in March, Brexit will begin with a bang when UK-EU negotiations get underway in Brussels next week. These negotiations, expected to be completed by then end of…

Accendo Press Quotes – Week Ending June 16

16 June Business Insider “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,…

Dow Jones and DAX at all-time highs, but not the UK Index . Why?

Today, both Germany’s DAX and the US Dow Jones Industrial Index have traded at their highest ever levels, hwile the UK’s UK 100  failed to even reach its best level this week. So we’re asking, “how and why has this happened? The UK Index versus the DAX Both indices are made up of companies that are…

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