Accendo Press Quotes - Week Ending 10 Mar

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Accendo Press Quotes – Week Ending 10 Mar

10 Mar

CityWire

But others questioned whether the deal would lead to a truly independent Openreach. ‘Is this simply a legal fudge on an existing subsidiary to get everyone off its back?’ said Mike van Dulken, head of research at Accendo Markets. ‘Does the fact that shares in competitors Sky, Vodafone and TalkTalk have barely moved suggest doubts there too?’
http://citywire.co.uk/money/bt-leads-UK Index -higher-after-striking-openreach-deal/a999524

9 Mar

Digital Look

“Calls for another negative open come after more losses on Wall St and a mixed bag in Asia overnight. A sharp 5% drop in oil prices following more big US inventory builds has weighed heavily on Energy which don’t forget makes up over 13% of the UK’s UK Index index (BP, RDSb), before we even consider the read-across to support/engineering names and the sentiment hit to the Miners,” said Mike van Dulken, head of research at Accendo Markets.
http://www.digitallook.com/news/market-report-opening/london-open-china-data-and-oil-price-spill-unnerve-traders–2565934.html

8 Mar

Sharecast

“Calls for a negative open come after yet another down day on Wall St that was emulated in Asia overnight,” said Michael Van Dulken, head of research at Accendo Markets. “Dragging on sentiment is China trade data showing a plunge to its first deficit since early 2014 with markets cautious about how to interpret the key data points ahead of a potential Fed rate hike.”
http://www.sharecast.com/news/london-open-rare-chinese-trade-deficit-leaves-traders-scratching-heads/25646909.html

7 Mar

Scotsman

Mike van Dulken, head of research at Accendo Markets, described the alert as a “real kick in the teeth” for the business, which has seen the low oil price dent a number of its key markets, particularly across North America.
http://www.scotsman.com/business/companies/aggreko-slumps-as-contract-woes-spark-profit-alert-1-4385023

6 Mar

Business Insider

“Geopolitics remains to the fore with North Korean sabre-rattling, China trimming its GDP growth estimate, Trump accusing Obama of pre-election wiretapping and Fillon refusing to throw in the towel to keep the French Presidential election nice and entertaining,” Accendo Markets Head of Research Mike van Dulken wrote in an early morning email.
http://uk.businessinsider.com/aberdeen-asset-management-and-standard-life-uk-stock-market-moves-on-monday-march-6-2017-3

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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