Accendo Press Quotes - Week Ending 16 Dec

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Accendo Press Quotes – Week Ending 16 Dec

15 Dec

CityWire

‘Fresh Fed forecasts for three US rate hikes in 2017 was higher than consensus of just two, a number we had regarded as fair, with potential for an upgrade or downgrade mid-year without spooking investors,’ said Mike van Dulken, analyst at Accendo Markets. ‘Instead, we’re back to where we were this time last year with a rate hike and a more aggressive path for US monetary normalisation than markets had expected.’
http://citywire.co.uk/money/bonds-fall-dollar-soars-as-hawkish-fed-hikes-rates/a979213

14 Dec

Bloomberg

“Investors are traditionally cautious pending clarification from the U.S. Fed — more so today given expectations for a rate hike as well as updated guidance on further U.S. interest rate hikes, which is likely to influence pricing across all asset classes,” Accendo Markets analysts Mike van Dulken and Henry Croft wrote in a note.
https://www.bloomberg.com/news/articles/2016-12-14/european-stocks-decline-as-caution-prevails-on-fed-policy-day

13 Dec

Digital Look

Accendo Markets’ head of research Mike van Dulken said: “Sentiment is buoyed by suggestions of progress in recapitalising Italy’s troubled banks as well as expectations that the Fed will – tomorrow night – still signal a cautious path for further rate hikes.”
http://www.digitallook.com/news/europe-market-pulse/europe-midday-stocks-push-higher-as-italian-banks-rally–2353958.html

12 Dec

Business Standard

“Equities (generally) have made a poor start to the week despite a non-OPEC oil production cut pledge that bolsters OPEC’s own key promise, designed to maintain an oil price recovery,” said Mike van Dulken, head of research at trading firm Accendo Markets. “A lack of Monte dei Paschi rescue over the weekend has dampened sentiment somewhat, leaving the bank and troubled peers as an outstanding risk issue.
http://www.business-standard.com/article/pti-stories/oil-prices-surge-on-output-deal-116121201012_1.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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