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Is the UK Index Rally Sustainable? (Accendo Quote)

Morningstar – 10 Aug 2012 http://www.morningstar.co.uk/uk/news/articles/107696/Is-the-UK Index -Rally-Sustainable.aspx

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US Wholesale Sales & Inventories data – worse

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PRUDENTIAL (PRU) H1 RESULTS PREVIEW (9th August)

Mike van Dulken, Head of Research at Accendo Markets, commented: Prudential (PRU) reports H1 2012 results tomorrow. The shares have recently rallied 20% from May lows (60% from October lows) to 9½ year highs around 800p. Outperformance of 10% versus the UK 100 (40% from October lows) is not insignificant and implies investor bullishness on…

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US Jobless mixed; US Trade deficit narrows

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UK Trade Balance data – disappointing

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US weekly Crude Oil drawdown bigger than expected

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