Accendo Press Quotes - Week Ending 3 Feb

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Accendo Press Quotes – Week Ending 3 Feb

3 Feb

Telegraph

Mike van Dulken, of Accendo Markets, said: “Calls for a mildly positive open come after a mixed but muted finish on Wall Street mirrored by contrasting performances in Asia overnight. Investors are making their monthly pilgrimage to the side-lines ahead of a closely scrutinised US jobs report, one which may or may not provide the US Fed with more evidence about whether another US rate hike is warranted soon.”
http://citywire.co.uk/wealth-manager/news/shell-props-up-UK Index -on-turnaround-signs/a989238?ref=wealth-manager-new-latest-news-test1-list

2 Feb

CityWire

‘While both companies sell worldwide the latter’s sale of such products in faster-growing emerging markets is likely what it boosting Reckitt Benckiser sentiment most,’ said Mike van Dulken, head of research at Accendo Markets. ‘Mead’s 50% of sales from Asia and 17% from Latin America may offer a superior growth profile that can help revive slowing growth at its own unit.’
http://www.telegraph.co.uk/business/2017/02/02/UK Index -100-rises-pound-surges-towards-127-bank-englandprepares/

1 Feb

Digital Look

Meanwhile, the Fed is widely expected to stand pat on interest rates. Accendo Markets’ Mike van Dulken said this should allow Trump to find his policy-making feet and the Fed to monitor steady data that could warrant further tightening but with no urgency. “Hints (if any) on timing will have to be drawn from the official statement as accompanying press conferences are only every other meeting. She last spoke in Dec when she last hiked and reiterated a gradual pace. With consensus expecting three hikes this year, we’ll likely have to wait for March, if not June,” he said.
http://www.digitallook.com/news/market-report-opening/london-open-stocks-push-higher-as-investors-eye-manufacturing-data-fed–2502902.html

31 Jan

Reuters

Mike van Dulken, head of research at Accendo Markets, said that Ocado’s strong trading update prompted investors to grab its shares on Tuesday. “These strong top-line numbers will make incumbent rival grocers and German discounters green with envy, especially when pre-exceptional profits before tax grew strongly, implying significant margin expansion,” van Dulken said.
http://uk.reuters.com/article/europe-stocks-idUKL5N1FL27Z

30 Jan

Bloomberg

“In focus today will be the fallout from an inflammatory Trump travel ban and the effects it may have on the ‘Trump reflation trade’ that has supported markets,” analysts Mike van Dulken and Henry Croft at Accendo Markets wrote in a note.
https://www.bloomberg.com/news/articles/2017-01-30/u-s-index-futures-signal-stocks-to-decline-on-trump-ban-concern

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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