23 Sept

Reuters

• “Banks remain pressured by the prospect of lower rates for longer and global growth uncertainty,” Mike van Dulken, head of research at Accendo Markets, said.
• http://uk.reuters.com/article/uk-britain-stocks-idUKKCN11T0SR?il=0

22 Sept

CityAM

• Mike van Dulken, head of research at Accendo Markets, said: “Shares in precious metals miners Randgold Resources, Fresnillo and Polymetal are among the major UK 100 beneficiaries of the US Federal reserve holding off from rising rates last night, at least for another few months.”
• http://www.cityam.com/249870/fed-interest-rate-decision-adds-sheen-london-listed-miners

21 Sept

CNBC

• “Market sentiment is being helped by the prospect of accommodative policy for longer, even if the BOJ is struggling to deliver. Hopes are also high that the latter’s action leaves the Fed in a bind, forcing it to hold off from hiking at all this year,” analysts at Accendo Markets, said in a note on Wednesday.
• http://www.cnbc.com/2016/09/21/european-stocks-us-fed-bank-of-japan.html

20 Sept

Reuters

• Henry Croft, analyst at Accendo Markets, said that a swift retrace in oil prices was hampering sentiment. “The credibility of bullish production freeze rhetoric from Venezuela is understandably being questioned in the run-up to next week’s Algiers meeting, while worries about additional supply worsening the global glut add to the mix,” Croft added.
• http://uk.reuters.com/article/europe-stocks-idUKL8N1BW1AH

19 Sept

Telegraph

• Mike van Dulken, of Accendo Markets, said: “The positive start to the week – yet another focused on global central bank policy – comes after gains in Asia overnight, albeit still without the full quota of regional bourses. Many may have returned for the first time since Wednesday, however, it is Japan’s turn for a public holiday today. Note tech gremlins made for a rather troubled start to the week down under, resulting in a late open and early close for the ASX that could have a knock-on for dual-listed stocks in London. “Note, however, positive China property price data helping buoy sentiment along with an oil price bounce. After the Swiss National Bank (SNB) and Bank of England (BoE) last week it’s the turn of the Bank of Japan (BoJ) and US Fed this week to spice up markets with their latest updates on monetary policy.”
• http://www.telegraph.co.uk/business/2016/09/19/UK Index -100-surges-towards-6800-and-oil-bounces-after-venezuela-say/