Accendo Press Quotes - Week Ending 8 Sept

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Accendo Press Quotes – Week Ending 8 Sept

8 Sept

Interactive Investor (Link)

“In focus today will be UK industrial and manufacturing production, especially after the British Chamber of Commerce’s overnight warning that there was ?No sign? of return to healthier UK economic growth, a weak GBP not automatically translating to an export boom,” said head of research at Accendo Markets, Michael van Dulken.

7 Sept

Digital Look (Link)

Accendo Markets said: “While many had been hoping that this meeting would provide more clarity on a firm date for the ECB to begin the long awaited tapering of its quantitative easing programme, the overwhelming strength of the Euro in recent months could now delay the decision. “Expect instead a press conference and Q&A laden with references to the strong euro and its impact on both inflation and Eurozone exporters, with any firm announcement on the start date and duration of tapering now expected in October.”

6 Sept

CityAM (Link)

Mike van Dulken, head of research at Accendo Markets, noted that pipeline uncertainty is never good. “Especially for smaller companies for whom success and/or failure can hinge on a select few drugs compared to more diverse revenue streams at bigger pharma counterparts,” he added.

5 Sept

Proactive Investors (Link)

Mike van Dulken, Accendo Markets head of research, highlighted that oil and gold prices remain supported by a weaker US dollar among other factors. “Equities are mixed as investor resilience gives way to fresh preference for safe havens like Gold following aggressive rhetoric from both sides of a US-NK standoff that thankfully remains merely a war of words. “Commodities like metals and oil, however, are faring fine thanks to fresh USD weakness, Texan refinery resumption and positive OPEC chat.” The analyst added: “The UK UK 100 underperforms as the boost from a weaker USD on commodities is outweighed by the hindrance of opposing GBP strength for internationally exposed names.”

4 Sept

Core Finance (Link)

Mike Van Dulken, Head of Research at Accendo Markets blames North Korea tensions for the failed upside breakout on the UK 100 . Is this a temporary dip? Should investors buy in here or wait for further correction?

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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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