Accendo Press Quotes - Week Ending 10 Feb

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Accendo Press Quotes – Week Ending 10 Feb

10 Feb

Nasdaq

Friday’s gains “come after a strong day on Wall Street inspired by US tax cut hopes that spilled over to Asia overnight and received a second wind from surprisingly strong Chinese trade data that showed a rebound in exports and acceleration in imports that bolsters belief in transition to more consumption oriented economy,” Michael van Dulken, head of research at Accendo Markets in London, said by e-mail.
http://www.nasdaq.com/article/european-stocks-rise-on-trump-tax-pledge-chinese-trade-figures-earnings-cm746015#ixzz4YIgYUsIm

9 Feb

Telegraph

Mike van Dulken, of Accendo Markets, said: “Major equity markets are hugging break-even today as a dollar pullback weighs on the UK Index and DAX via unwelcome reciprocal GBP and EUR strength and investors pause to consider the outlook from a political, economic and central bank standpoint. While equities hold up around recent highs, bonds and safe havens are performing well too.”
http://www.telegraph.co.uk/business/2017/02/09/pound-spikes-towards-126-gold-hovers-near-three-month-highs/

8 Feb

Digital Look

Accendo Markets’ Mike van Dulken said: “Another big build would add to last week’s disappointment and an uptrend since Christmas, reinforcing concerns about rising US shale production overpowering OPEC cuts.”
http://www.digitallook.com/news/market-report-opening/london-open-stocks-little-changed-but-miners-gain-after-rio-results–2516428.html

7 Feb

This is Money

Mike van Dulken, at Accendo Markets, said: ‘Investors continued to plump for bonds over equities amid political uncertainty.’ He added: ‘Wall Street closed yesterday nursing minor losses, as rising concerns surrounding the implementation of Donald Trump’s pledge to pump a $1trillion fiscal stimulus in the US begin to weigh on investor sentiment.’
http://www.thisismoney.co.uk/money/markets/article-4198876/UK Index -despite-losses-Asian-overnight.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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