26 Oct 2013 @ 03:13
Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, This week saw the UK’s FTSE100 Index add a further 100 points (1.5%) to revisit 6,700 as risk appetite remained supported by the US fiscal resolution (albeit short term, be prepared for a re-run), a welcome rebound in China […]
19 Oct 2013 @ 03:20
Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, This was the week that US politicians finally saw the error of their ways and pulled their country back from the brink of debt default, albeit by delaying the inevitable for just a few months meaning we’re likely to […]
15 Oct 2013 @ 23:41
Mike van Dulken, Head of Research at Accendo Markets, commented to clients this morning; We’re getting another batch of positive noises from Washington regarding a deal to re-open government, sort out a short-term budget and delay the debt ceiling. For once, at least it is early in the week, rather than a tease into the […]
01 Oct 2013 @ 01:24
Pound Sterling The Pound began the week softer against the Euro after Angela Merkel won a landslide victory in the German elections. The result was seen as a positive for stability in Europe and sent the Euro slightly higher against Sterling. Disappointing economic data releases for the UK and negative comments from a Bank of […]
20 Sep 2013 @ 23:51
Pound Sterling While the Pound began the week trading in the region of multi-month highs against both the US Dollar and Euro, the British asset broadly softened on Thursday as an unexpected decline in UK retail sales dented investor confidence in the nation’s economic recovery. To ask a currency expert a question direct, click HERE […]
20 Sep 2013 @ 23:47
Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; So the Fed didn’t move. A no-show for T-day. Markets surprised, with few expecting nothing at all, most seeing at least some reduction in order to maintain credibility after all that build up to Sep-taper (last time I use […]
06 Sep 2013 @ 00:22
I’m not going to write about stocks today, but I will at least mention one. Instead, I wish to direct your attention to the economy in general. I’m also going to say some things that the media does not often say and politicians don’t want them to say it. The economy is out of control. […]
04 Sep 2013 @ 00:06
A couple of weeks ago I wrote one of my typically brilliant stories, only to see that my colleague, Tom Frew, wrote about the same story the very next day. I cautioned him that his “oversight” might be returned in kind someday. I mean, you never know about these things. Today, I return from a […]
02 Sep 2013 @ 21:42
Agamemnon and Achilles were unavailable for comment at time of press. We will keep Troying. French communications firm Iliad (EU:ILD) has reported a 27% increase in sustained group revenue, a 40% rise in EBITDA and 78% jump in consolidated profit as part of its full-year results. In a statement the Iliad Group said that they […]
31 Aug 2013 @ 00:51
Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; A big week for the markets with participants finally permitted to look away from the prospect of Fed tapering, if only briefly and for disturbing geopolitical and potentially military headlines regarding Syria, only to have to look back again […]