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3rd Time Lucky?

            8 Jan 2016 It’s been an exciting start to 2016 with major equity indices giving up most of their Christmas gains (UK Index -380pts, Dax -870pts, Wall street -1000pts) within just 4 days. However, on very little new in terms of market drivers. China is still slowing, commodity are…

Accendo Press Quotes – Week Ending 8 Jan

Stocks and oil calm as China markets steady CNN Money – 8 Jan http://money.cnn.com/2016/01/08/investing/premarket-stocks-trading/   La Bourse de Londres gagne 0,64% en début de séance, apaisement chinois Le Point / AFP – 8 Jan http://www.lepoint.fr/bourse/la-bourse-de-londres-gagne-0-64-en-debut-de-seance-apaisement-chinois-08-01-2016-2008074_81.php   Calm returns, but for how long? Proactive Investors – 8 Jan http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/23971/calm-returns-but-for-how-long-23971.html   Chinese stock market closes 2% higher…

Marks & Spencer (MKS): Lone winner in down market

Marks & Spencer (MKS) shares are the surprise and lone absolute outperformer on the FTE this morning despite a poor Q3/Christmas update, with a shocker for General merchandise sales -5% due to unseasonal weather and intense price competition hurting footfall as peers have reported. Shares benefiting from a handful of drivers including raised profits guidance to…

Where Next (NXT) for M&S (MKS)?

Shares in Next (NXT) are suffering from Q4’s mild weather with the retailer revealing in-store Christmas sales -0.5% as shoppers held off from splashing out on higher priced winter garments such as coats, Directory sales were impacted by poor stock availability from October, and surprise, surprise, online competition remains as fierce as ever. Full price…

Accendo Press Quotes – Week Ending 1 Jan

                London open: Stocks slide as trading volumes thin on NYE Yahoo! Finance – 31 Dec https://uk.finance.yahoo.com/news/london-open-stocks-slide-trading-085800902.html LONDON MARKET OPEN: Battered Stocks “Crawl To Finishing Line” Of 2015 London Southeast – 31 Dec http://www.lse.co.uk/AllNews.asp?code=2s0g3dmc&headline=LONDON_MARKET_OPEN_Battered_Stocks_Crawl_To_Finishing_Line_Of_2015 Crude oil prices drop toward $37 as weak outlook prevails Stay On The Black…

Accendo Press Quotes – Week Ending 25 Dec

                European stocks rally 1.5% as oil price ticks higher CNBC – 23 Dec http://www.cnbc.com/2015/12/23/europe-to-follow-global-markets-higher.html LONDON MARKETS: UK 100 Charges Higher, Led By Oil And Mining Stocks Nasdaq – 23 Dec http://www.nasdaq.com/article/london-markets-UK Index -100-charges-higher-led-by-oil-and-mining-stocks-20151223-00046#ixzz3v8oxT7m4 U.S. Stocks Higher as Oil Stabilizes Nasdaq – 22 Dec http://www.nasdaq.com/article/us-stocks-higher-as-oil-stabilizes-20151222-00476 Global Stocks Steady…

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