29 Jul Digital Look Mike van Dulken, head of research at Accendo Markets, said: “A neutral open comes after a mixed Asian session with the Bank of Japan failing to deliver what greedy markets wanted – more stimulus. “We did ask whether it would do little or even hold off until September, like the ECB, in…
22 Jul Telegraph Mike van Dulken, of Accendo Markets said: “Crude prices back on the back foot this morning – just as oilfield services firms Halliburton and Schlumberger call the bottom for oil. “Markets are still focused on a build in US gasoline stocks which indicates waning demand, even though falling crude inventories should balance this out in due course.” http://www.telegraph.co.uk/business/2016/07/22/UK Index…
15 Jul Digital Look Accendo Markets’ Augustin Eden said: “The subject of terrorism is sure to dominate headlines today, with attention also sure to focus on what this means for the evolving shape of the political landscape in France and the US (Le Pen, Trump sure to gain more support), not to mention how the UK…
8 Jul Telegraph Mike van Dulken, of Accendo Markets: “The monthly US Non-Farm Payrolls is sure to take centre stage as it does each month. The NFP number itself is unlikely to fuel Fed plans for a rate hike given the Brexit headwind, even if it does rebound very strongly (from 38K to the usual 150-200K average), although another very weak figure would…
1 Jul Telegraph Mike van Dulken, of Accendo Markets, said: “A positive opening call comes as the global post-Brexit vote rally got a shot in the arm via hopes (a borderline confirmation) of more stimulus from the Bank of England this summer to offset the economic impact of uncertainty related to the UK’s referendum result to leave the EU. And…
24 Jun Telegraph Mike van Dulken, of Accendo Markets, said: “Based on the banks having been the best performers over the last week (gains of up to 18pc) we expect the sector to be the worst performer by a considerable margin, given their implied Brexit sensitivity.” http://www.telegraph.co.uk/business/2016/06/24/barclays-plunges-26pc-as-40bn-wiped-off-the-value-of-british-ban/ CityWire Mike van Dulken, head of research at…