19 May Digitallook “Equity indices are holding their rebound gains, albeit treading water since the European open, as investors weigh up recent market moves. Whilst not electing to take on more risk before the weekend, nor are they taking any more off the table. A positive statement in many ways, given the political headwinds in…
12 May Digital Look Sentiment was stronger despite the worst losses in three weeks overnight on Wall Street as disappointing results from department store Macy’s fuelled fears that Friday’s US retail sales report might provide another example of hard growth data being at odds with soft surveys data, said analyst Mike van Dulken at Accendo…
5 May CityWire ‘For loyal investors it’s a case of small mercies, after 2017 guidance was cut and 2018’s withdrawn so abruptly in January,’ said Mike van Dulken, head of research at Accendo Markets. http://citywire.co.uk/money/train-gains-as-pearson-soars-mands-lands-ex-asda-boss/a1013595 4 May Proactive Investors Mike van Dulken, head of research at Accendo Markets, commented: “Even Jan’s equivalent of a corporate…
28 Apr CityAM “Crude oil prices have bounced back from yesterday’s sharp sell-off (Brent >$52; WTI >$49), one that was driven by continued fears about rising US output following this week’s inventory data compounded by Libya bringing its largest oil field (Sharara) back on-line, merely adding to headwinds Opec already faces with its production cut…
21 Apr Armchair Trader Mike van Dulken commented – “A Macron (centrist) & Fillon (centre-right) win would likely be the most palatable for financial markets. A Le Pen (far right) & Mélenchon (far left) result would surely raise alarms. Markets look to be pricing in something between the two with Macron & Le Pen progressing…
13 Apr Financial Times “European equity markets are on the back foot heading into the long Easter weekend, with a plethora of bearish motives weighing on indices,” said Henry Croft of Accendo Markets. “The Trump-inspired US dollar sell-off continues to hurt the UK Index ’s foreign earning contingents.” https://www.ft.com/content/f0ad4a08-2033-11e7-a454-ab04428977f9 12 Apr Reuters UK “I am…