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Miners to Keep Dropping — Market Talk
Dow Jones – 15 Jan
As another difficult week comes to a close, miners hurtle downwards. Accendo analyst Mike van Dulken says Thursday’s panic buys have turned into panic sells – five of the six biggest fallers are mining companies, with Anglo American erasing this week’s gains, dropping 10.4%. Mr. van Dulken adds that mining investors’ neuroses are unlikely to end any time soon, with 2016 increasingly looking to be a volatile year. BHP’s write-down of $7.2 billion shale assets earlier in the day merely add insult to injury, the analyst says. BHP falls 6.2%. Gold meanwhile, benefits from safe-haven seeking, up 1.7% and bringing with it Randgold, which is now up 3.4%.
Iran climbs global markets’ list of key concerns
News.markets – 15 Jan
https://news.markets/shares/iran-climbs-global-markets-list-of-key-concerns-8684/
Same old, same old
Proactive Investors – 15 Jan
http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/24021/same-old-same-old-24021.html
BHP announces largest ever write-down amid slump in commodity prices
Int. Bus. Times – 15 Jan
http://www.ibtimes.co.uk/bhp-announces-largest-ever-write-down-amid-slump-commodity-prices-1538130
Fresh oil slump and mining rout drags down UK Index
CityWire – 15 Jan
http://citywire.co.uk/money/fresh-oil-slump-and-mining-rout-drags-down-UK Index /a873917
U.K. Tightening Not On The Cards — Market Talk
Dow Jones – 14 Jan
Aktien Frankfurt: Konjunktursorgen und Terror sorgen für Kurseinbruch
Finanzen – 14 Jan
http://www.finanzen.net/nachricht/aktien/Aktien-Frankfurt-Konjunktursorgen-und-Terror-sorgen-fuer-Kurseinbruch-4688093
La Bourse de Londres en net recul (-1,41%), plombée par le pétrole
Romandie – 14 Jan
http://www.romandie.com/news/La-Bourse-de-Londres-en-net-recul-141-plombee-par-le-petrole/666477.rom
European stock markets near three-month lows on oil price slide
BMM Magazine – 14 Jan
European stock markets near three-month lows on oil price slide
European stocks set to hit 1-year low as oil, China spook investors
Marketwatch – 14 Jan
http://www.marketwatch.com/story/european-stocks-set-to-hit-1-year-low-as-oil-china-spook-investors-2016-01-14
European market hit by Renault police raid and oil rout – business live
Guardian – 14 Jan
http://www.theguardian.com/business/live/2016/jan/14/stock-markets-oil-falls-through-30-dollars-tesco-business-live
Asia: Stocks mostly lower after sell-off on Wall Street
http://www.digitallook.com/news/market-report-asia/asia-stocks-mostly-lower-after-sell-off-on-wall-street–995661.html
UK Index sell-off reignites as oil plummets below $30
CityWire – 14 Jan
http://citywire.co.uk/money/UK Index -sell-off-reignites-as-oil-plummets-below-30/a873641
Markets slide again on crude volatility
Proactive Investors – 14 Jan
http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/24008/markets-slide-again-on-crude-volatility-24008.html
Les Bourses européennes plombées par le pétrole évoluent à la baisse
Bilan/AFP – 14 Jan
http://www.bilan.ch/argent-finances/bourses-europeennes-plombees-petrole-evoluent-a-baisse
European stock markets near three-month lows on oil price slide
Telegraph – 14 Jan
http://www.telegraph.co.uk/finance/markets/marketreport/12098990/European-stock-markets-near-three-month-lows-on-oil-price-slide.html
Shares in Lloyds fall on ‘increasingly bleak’ outlook
Telegraph – 13 Jan
http://www.telegraph.co.uk/finance/markets/marketreport/12098142/Shares-in-Lloyds-fall-on-increasingly-bleak-outlook.html
RBS ‘sell everything’ prompts surge in wealth manager enquiries
Money Observer – 13 Jan
http://www.moneyobserver.com/news/13-01-2016/rbs-sell-everything-prompts-surge-wealth-manager-enquiries
UK Index nears 6,000 as China data injects relief
CityWire – 13 Jan
http://citywire.co.uk/money/UK Index -nears-6000-as-china-data-injects-relief/a873346
LONDON MARKET OPEN: Mixed Reception For Retailer Sales Updates
LSE/Alliance news – 13 Jan
http://www.lse.co.uk/AllNews.asp?code=xwdjua8j&headline=LONDON_MARKET_OPEN_Mixed_Reception_For_Retailer_Sales_Updates
Chinese stocks fall despite trade data relief – business live
Guardian – 13 Jan
http://www.theguardian.com/business/live/2016/jan/13/chinese-trade-data-relief-stocks-markets-business-live
Mia-owch! That dead cat bounce hurt!
Proactive Investors – 12 Jan
http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/23994/mia-owch-that-dead-cat-bounce-hurt-23994.html
Market round-up: Dow Jones shrugs off Chinese worries and gains ground
Int. Bus. Times – 11 Jan
http://www.ibtimes.co.uk/market-round-dow-jones-shrugs-off-chinese-worries-gains-ground-1537265
European Markets Neutralise Earlier Losses — Market Talk
London open: Stocks gain on China stimulus hopes
Digital Look – 11 Jan
http://www.digitallook.com/news/market-report-midday/london-midday-stocks-decline-on-china-slowdown-fears–991077.html
European markets: UK Index and European stocks shrug off worries over China slowdown
Int. Bus. Times – 11 Jan
http://www.ibtimes.co.uk/european-markets-UK Index -european-stocks-shrug-off-worries-over-china-slowdown-1537152
London open: Stocks gain on China stimulus hopes
Yahoo/Sharecast – 11 Jan
https://uk.finance.yahoo.com/news/london-open-stocks-gain-china-091500001.html
Calm proves as short-lived as Chinese circuit breakers
Proactive Investors – 11 Jan
http://www.proactiveinvestors.co.uk/columns/morning-market-pulse/23984/calm-proves-as-short-lived-as-chinese-circuit-breakers-23984.html
UK Index LIVE: Footsie on the back foot again as the sell off in China continues and oil falls below $33 a barrel
This is Money – 11 Jan
http://www.thisismoney.co.uk/money/markets/article-3393528/UK Index -LIVE-Footsie-foot-sell-China-continues-oil-hits-32-76.html
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research
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