Accendo Press Quotes - Week Ending 29 Sept

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Accendo Press Quotes – Week Ending 29 Sept

29 Sept

DigitalLook (Link)

“While it has retreated from its overnight highs of $1289, the precious metal is holding above support at $1284,” said analysts at Accendo Markets.

28 Sept

Telegraph (Link)

Accendo Markets head of research Mike Van Dulken explains why markets might be showing a little caution this afternoon: “It’s a cautious market welcome to a US tax reform framework, details still lacking (especially for individuals) and no clarification on how the whole thing will be paid for without increasing the national debt. “Plus we’ve been here before with Trump reform (healthcare, infrastructure, deregulation), with next to nothing to show for it, almost a year since the election and 8-month since he took office. Progress, perhaps, but the proof’s in the cutting.”

27 Sept

Reuters (Link)

“It’s good news, but the markets aren’t exactly flying on it because we’ve been burnt before on Trump reforms … not exactly following through,” said Mike van Dulken, head of research at Accendo Markets, referring to the Republicans’ healthcare bill which collapsed again in the Senate on Tuesday.

26 Sept

Guardian (Link)

Mike van Dulken of Accendo Markets say: This has perked up safe haven demand for Gold, bonds, the Yen and Swiss Franc, although relative calm among risk assets suggests many expect the move to again be short-lived. However, the rally in Oil prices is helping buoy sentiment thanks to a Kurdish referendum that could threaten Iraqi exports, extending a summer Oil rebound.

25 Sept

Core Finance (Link)

Watch Accendo Markets Head of Research Mike Van Dulken discuss the heightened odds of Brent oil rallying to $58.50 [2017 highs].

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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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