Accendo Press Quotes - Week Ending 25 Nov

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Accendo Press Quotes – Week Ending 25 Nov

25 Nov

Digital Look

Accendo Markets analysts Mike van Dulken and Henry Croft said: “A quiet European open comes in spite of Asia ending the week on an up note. However, the region’s equities are off their best levels thanks to the USD Index pulling back from 14yr highs and a three-week Trump-inspired rally to the detriment of Japanese exporters and the Nikkei by way of a stronger yen.

http://www.digitallook.com/news/market-report-europe/europe-open-stocks-edge-lower-in-quiet-trade–2318608.html

23 Nov

Reuters

Hammond “will wrestle with a worsening of public finances but will nonetheless put cheaper housing front and centre by banning letting fees,” said Mike van Dulken, head of research at Accendo Markets, in a note, adding that the move could dent the profitability of estate agents.

http://uk.reuters.com/article/britain-stocks-idUKL8N1DO24X

22 Nov

BBC News

“The crude oil price rally shows no signs of letting up… while continued optimism that President-elect Trump will implement an infrastructure-based fiscal stimulus behemoth is helping metals, and subsequently miners, to also rally,” said Henry Croft, research analyst at trading firm Accendo Markets.

http://www.bbc.co.uk/news/business-38062165

21 Nov

Business Insider

Henry Croft, a research analyst at Accendo Markets, says in an emailed statement: “Crude Oil prices are once again being buoyed by improved market optimism that OPEC members will be able to reach a deal at the end of this month, being further helped by the USD trading below its record highs posted on Friday.” Croft says: “Iran, Iraq and Russia all released optimistic statements that a deal could be reached on November 30, however, Russian President Putin refused to commit to 100% certainty it will take place.”

http://uk.businessinsider.com/oil-price-move-on-november-21-2016-11?r=US&IR=T

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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