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Why you should watch the banks next week

With third quarter earnings season now in full swing, both in Europe and the US, it is the turn of the UK Banks to release their figures next week, with Lloyds reporting Wednesday, Barclays on Thursday and rounded off by RBS on Friday. Eagerly awaited by markets and investors, these results will give the first insight…

Dividends – cover your back

A fortnight ago we wrote about the whopping 33% of UK 100 stocks offering dividend yields of 4% or better; attractive returns you can’t really afford to ignore when compared to the pathetic interest rates offered by the high street banks. For a refresher see here. This generated much interest (pun entirely intended) about which…

Accendo Press Quotes – Week Ending 21 Oct

21 Oct This is Money Meanwhile, Mike van Dulken, of Accendo Markets, said: “It’ll be interesting to see whether UK Retail Sales adds to the flow of post Brexit data that has done anything but signal panic and collapse since end-June. September is seen showing a retail rebound from a weak August although the annual rate is likely to…

How will tonight’s US presidential debate affect your positions?

It’s an all too familiar scenario; the population of the US setting themselves down for an evening in front of the television to witness personal insults, conspiracies and controversies by the minute. But this isn’t a run-of-the-mill US reality TV show. Tonight, the third and final US presidential debate takes place between Democratic candidate Hillary Clinton and Republican…

Accendo’s Foreign Exchange Forecasts, Wednesday 19 October

Macro observations Following the strongest weekly performance of the USD for 8 months last week, it is the performance of its European peers, rather than its own, that will come into question towards the latter part of this week. The European single currency is subject to the highest weekly event risk as the European Central Bank meet on Thursday…

Travis Perkins: Canary in the Brexit coalmine?

Travis Perkins (TPK) is today’s blue-chip loser after a full year profits warning that could represent a canary in the Brexit coal mine. Especially after a summer of resilient UK economic data seeing off an army of doomsayers. News of multiple branch closures in response to slack demand, meaning an additional £40-50m exceptional restructuring costs,…

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