22 Dec

London South East (Link)

• 

  The higher start comes “as the global equity rally continues its traditional year-end, US tax reform assisted Santa Rally”, said Michael van Dulken and Henry Croft at Accendo Markets.

21 Dec

Marketwatch(Link)

• “The U.K.’s UK 100 outperforms … as the index’s plethora of foreign-earning stocks reap the perceived benefits of U.S. President Trump’s first legislative victory,” in the tax-overhaul bill passed Wednesday by congressional Republicans, said Henry Croft, research analyst at Accendo Markets, in a note.

20 Dec

Reuters (Link)

• Henry Croft of Accendo Markets described it as “a widely touted ‘buy the rumour, sell the fact’ event” and said investors were now focused on whether the tax reform would boost equities in 2018.

19 Dec

Digital Look (Link)

• “The equity index compass remains pointed north on a combination of US tax reform optimism, traditional year-end Santa Rally and stable but limited macro data. That said, geopolitics still in very much play with ANC leadership change in South Africa, some welcome Brexit respite and Saudi Arabia intercepting a ballistic missile,” commented Mike van Dulken at Accendo Markets.

18 Dec

Reuters (Link)

• With little in the way of major economic data this week, the tax bill was likely to remain in focus for stock market investors, according to Mike van Dulken, head of research at Accendo Markets. “Ahead of bill being signed into law, any more updated guidance from U.S. corporates, showing potential earnings improvement from the reform, will be closely watched,” he said