Accendo Press Quotes - Week Ending Apr 14

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Accendo Press Quotes – Week Ending Apr 14

13 Apr

Financial Times

“European equity markets are on the back foot heading into the long Easter weekend, with a plethora of bearish motives weighing on indices,” said Henry Croft of Accendo Markets. “The Trump-inspired US dollar sell-off continues to hurt the UK Index ’s foreign earning contingents.”
https://www.ft.com/content/f0ad4a08-2033-11e7-a454-ab04428977f9

12 Apr

Reuters UK

“I am particularly surprised that Tesco finds itself so far down at the bottom (of the UK 100 ) because it seems, on all accounts, to be quite a positive results release on the whole,” Henry Croft, research analyst at Accendo Markets, said.
http://uk.reuters.com/article/uk-britain-stocks-idUKKBN17E168

11 Apr

The Telegraph

Henry Croft, of Accendo Markets, says the annual CPI reading is expected to hold steady at 2.3pc. “Given sterling’s strong performance over the month, a cooler March would confirm BoE Governor Mark Carney and colleagues’ view that recent inflation upticks were caused by weakness in the pound, and may help aid the dovish cause at the central bank.”
http://www.telegraph.co.uk/business/2017/04/11/european-markets-drift-lower-geopolitical-tensions-weigh-investors/

10 Apr

DigitalLook

Commenting on the situation in markets at the start of the day, Accendo Markets analyst Henry Croft said: “Calls for a positive open come as investors follow an overnight lead from Asian markets and dial back reactionary safe-haven bets to Friday’s US air-strikes in Syria and a disappointing US non-farm payrolls print.”This suggests bullish appetite is alive and well following the conclusion of a seemingly successful two-day Sino-US summit and ahead of key UK, US and Chinese inflation prints this week. Despite safe-haven flight, geopolitical risk remains at the fore with regional tensions rising in Syria and the Korean peninsula, with a US navy contingent moving towards the latter.”
http://www.digitallook.com/news/market-report-europe/europe-open-single-currency-slips-below-106-as-polls-show-melenchon-gaining-in-polls–2615417.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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