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Accendo Press Quotes – Week Ending 8 Sept

8 Sept Interactive Investor (Link) “In focus today will be UK industrial and manufacturing production, especially after the British Chamber of Commerce’s overnight warning that there was ?No sign? of return to healthier UK economic growth, a weak GBP not automatically translating to an export boom,” said head of research at Accendo Markets, Michael van Dulken….

Ready to pounce on the next ‘dead-cat bounce’

A ‘dead cat bounce’ can test even the most seasoned of traders. It’s all about making the right decision early and not letting greed get the better of you. This week it was the turn of Provident Financial (PFG) to demonstrate how the rebound from a very sharp drop can be extremely rewarding, but that…

North Korea to provide golden opportunity?

A holiday for us in the UK might mean spending time with family, visiting our favourite place or simply just relaxing. In North Korea, however, it means something entirely different. Over the weekend, the rogue nation is expected to launch another missile which would coincide with its Foundation of the Republic holiday, the date of its…

UK Index Ex-dividends – 7 Sept 2017

UK 100 Price (p) Dividend (p) Yield (%) UK 100 Impact (Pts) BHP BILLITON 1485 33.2 2.2 -2.7 ADMIRAL GROUP 1926 37.9 2.0 – STANDARD LIFE ABERDEEN 433.4 7 1.6 -0.7 RSA INSURANCE GROUP 660.5 6.6 1.0 -0.3 LAND SECURITIES GROUP 1001 9.9 1.0 -0.3 ADMIRAL GROUP 1926 18.1 0.9 -0.1 ANTOFAGASTA 1060 8 0.8…

Vectura: Downgraded statement? Upgraded uncertainty?

Shares in Vectura are down 11% this morning after publication of interim results. Whilst the share price reaction could be pinned on news of a sharply wider pre-tax loss it may in fact be due to a downgraded Risk & Uncertainties statement, buried half way through the report before the financial statements. Back in May,…

Accendo’s Foreign Exchange Forecasts, Monday 4 September

Macro observations As foreign exchange traders return to their desks, news of another North Korean nuclear test have abruptly impacted FX markets. Unless further provocations take place this week, however, the politics and central bank heavy calendar is expected to once again become the primary driver of market sentiment. The headline event of the week…

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