Accendo Markets

Posts from Accendo Markets


Now it’s wage growth fears in the UK

“Equities are mixed into midday with the FTSE under-performing, testing near Feb lows, after stronger UK wage growth offset yesterday’s weaker than expected inflation, reviving expectations of BoE hawkishness and a

Alternative Investments , News

Throwing the book at Zuck

FTSE 100 Index called to open +10pts at 7070, still in a narrow 7040-7080 consolidation channel after the recent sell-off, a break from which will decide the next move. Bulls


De La Rue: In the gutter

Shares in banknote maker De La Rue may be off their worst levels (-12.6% vs -19% trough), but remain volatile due to the uncertainty attached to today’s tandem disappointment of

Alternative Investments , News

Heavyweight help at hand

“European equities and US futures are higher, off their worst levels (tech sell-off) but still cautious ahead of tomorrow’s Fed press conference, the outlook being more important than the widely expected

Alternative Investments , News

No tyring of M&A

FTSE 100 Index called to open +35pts at 7075, after an overnight bounce from 7025 lows to make for another lower low that extends a falling channel of sorts since

Alternative Investments , News

Brexit progress pounds FTSE

“Global equities are sharply lower, making for a cautious start to the trading week, with investors focused on the twin threats of a global trade war and a more hawkish Fed

Alternative Investments , News

Higher stakes for bookies

Mike van Dulken & Henry Croft at Accendo Markets, commented to clients this morning: FTSE 100 Index called to open -20pts at 7145, giving up a little ground from Friday’s

Alternative Investments , News , Tax Efficient Investing

Is this new Innovative Finance ISA the best way to invest in property regeneration?

Safe As Houses Ltd launches an 100 % property-backed ISA paying a fixed and tax-free rate of interest of 6% a year, for five years. Safe As Houses ISA Ltd

Alternative Investments , News

A decade since JP bought Bear bones

FTSE 100 Index called to open -5pts at 7135, sent back from overnight highs of 7145 by falling highs resistance since Monday’s 7260 peak. Bulls need a break above overnight

Alternative Investments , News

JD Wetherspoon: Summer-loving? Not so much

Shares in JD Wetherspoon (JDW) have turned negative after a strong start this morning as management guides towards lower sales and higher costs in the second half of the year.