Accendo Press Quotes - Week Ending 20 Oct

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Accendo Press Quotes – Week Ending 20 Oct

20 Oct

CityAM (Link)

Mike van Dulken, head of research at Accendo Markets, said the major contract win offered hope after yesterday’s warning of deteriorating market conditions.He said: “Successful bargain hunters form yesterday will be rubbing their hands, hoping more such announcements are on their way to help the shares fill the latest gap down.”

19 Oct

DigitalLook (Link)

“Equities are on the back foot following disappointing results eBay, Unilever and Nestle and reports of Apple cutting iPhone8 orders due to low demand,” said analyst Mike van Dulken at Accendo Markets.

18 Oct

Reuters (Link)

“Of all the profits warnings we’ve seen of late, this is by far the best received perhaps because the Q3 performance is still actually fairly good and we don’t see things getting markedly worse in Q4 for the full year,” Mike van Dulken, head of research at Accendo Markets, said.

17 Oct

Gulf Times (via AFP)(Link)

Mike van Dulken, head of research at Accendo Markets said that European equities are “holding close to their highs as investors continue to look through geopolitical risk, increasingly at ease with the prospect of tighter monetary policy. Confidence is high of yet another supportive earnings season on both sides of the Atlantic, as are hopes of US congressional and UK/EU deadlocks being broken, allowing Trump to deliver on tax reform and the door to be opened for further Brexit negotiations.”

16 Oct

The Telegraph (Link)

Accendo Markets head of research Mike Van Dulken believes stocks may take a breather before continuing their rally.He said: “Equities are quiet but retain their bullish bias thanks to China inflation data boosting metals and their miners. This increases the chances of this being another geopolitically inspired pause for breath before another leg higher.

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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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