Accendo Press Quotes - Week Ending May 19

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Accendo Press Quotes – Week Ending May 19

19 May

Digitallook

“Equity indices are holding their rebound gains, albeit treading water since the European open, as investors weigh up recent market moves. Whilst not electing to take on more risk before the weekend, nor are they taking any more off the table. A positive statement in many ways, given the political headwinds in play,” said Mike van Dulken, Head of Research at Accendo Markets.
https://www.digitallook.com/news/market-report-europe/europe-midday-gains-for-euro-dampens-demand-for-stocks–2680780.html

18 May

Digitallook

“Equity indices are once again struggling as a Washington DC-inspired risk-off mood moves into a second day, global media relentless in its quest for more White House scoops. However, the European pull back remains relatively subdued in the wake of the worst US session since September showing that, despite all the talk, investors aren’t reaching for the panic button yet,” said Henry Croft at Accendo Markets.
https://www.digitallook.com/news/market-report-us-pre-open/us-pre-open-stocks-set-for-slightly-lower-start–2678864.html

17 May

BBC News

Mike van Dulken, head of research at Accendo Markets, said investors are having to “digest the latest real-life episode of House of Cards”.
http://www.bbc.co.uk/news/business-39953112

16 May

Financial Times

“Vanguard’s plan to shake up the UK investment market with online low-cost direct access to its funds could spark a game-changing price war that stings brokers and fund managers alike,” said Mike van Dulken, head of research at Accendo Markets. “The US giant has form in aggressively undercutting rivals to attract funds for both passive and active management.”
https://www.ft.com/content/6f834008-3a38-11e7-ac89-b01cc67cfeec

15 May

Digital Look

Accendo Markets analyst Mike van Dulken said: “In focus today will be the joint pledge from the Saudi Arabian and Russian Oil ministers to commit to a nine-month extension of OPEC-led production cuts. The proposed extension, better than the six months markets had been hoping for, still needs to be confirmed at Saturday’s OPEC meet in Vienna.”
https://www.digitallook.com/news/market-report-opening/london-open-UK Index -nudges-higher-as-miners-energy-shares-gain–2671184.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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