Accendo Press Quotes - Week Ending 31 March

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Accendo Press Quotes – Week Ending 31 March

31 Mar

Marketwatch

“Market weakness [on Friday] may be explained by an element of risk-off into the week-, month- and quarter-end following one of the best starts to the year since 2013. This despite political risk aplenty, the most recent coming from South Africa,” said analysts at Accendo Markets in a note.
http://www.marketwatch.com/story/UK Index -100-slides-but-heads-for-4th-straight-quarterly-gain-2017-03-31

30 Mar

Armchair Trader

Accendo Markets Analyst, Mike van Dulken commented – “After all the fuss about the UK triggering Article 50 yesterday, and opposition to PM May’s attempt to link a trade deal with security, focus has reverted to central bank policy outlook. This after media reports the ECB is concerned about misinterpretation of its last message – not hawkish it says – and how it is now reluctant to change its message end-April for fear of adding fuel to the fires of misunderstanding”
http://www.thearmchairtrader.com/news/markets-lacking-any-real-momentum

29 Mar

Digital Look

“Impressive macroeconomic data and a crude oil recovery saw US equity markets rally across the board as Trump policy uncertainty was made an afterthought for investors,” said Mike Van Dulken, Head of Research at Accendo Markets.
http://www.digitallook.com/news/market-report-europe/europe-open-stocks-track-strong-gains-on-wall-street–2596474.html

28 Mar

Bloomberg

Enthusiasm is petering out ahead of the U.K.’s announced triggering of Article 50 tomorrow, but the recovery in risk assets suggests Trump is being offered a second chance to get his pledged policies implemented, according to Mike van Dulken, an analyst at Accendo Markets.
https://www.bloomberg.com/news/articles/2017-03-28/european-stocks-climb-as-concerns-on-trump-ease-miners-rebound

27 Mar

Business Insider

“The UK Index is hindered by GBP strength (due to USD weakness) weighing on its 70% of internationally-generated profits as well as a drop in commodity prices (base metals Oil) as fresh risk aversion kicks in; a double whammy blow for Miners and Oil majors,” Michael van Dulken, head of research at Accendo Markets, said in an email.
http://uk.businessinsider.com/UK Index -100-close-march-27-2017-3

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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