Ken Odeluga

We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Ken Odeluga is associated, including U.S. and Hillary Clinton. Most recently, Ken Odeluga has been quoted saying: “There does not seem to be yet the environment that would actually bring about the sustained improvement in the European banks on the interest rate side, on the operational side, on the conduct side.” in the article European banks hit three-week high in earnings-driven trade. An other article where Ken Odeluga has been quoted is Zodiac Aerospace rockets after Safran bid, European shares retreat.

Ken Odeluga quotes

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There does not seem to be yet the environment that would actually bring about the sustained improvement in the European banks on the interest rate side, on the operational side, on the conduct side.

We're ... entering an earnings season, and I don't think it's going to be necessarily one of the strongest ones. I think we're going to see a continuation of the one that we had last quarter, which was very patchy for many industries.

With profits thankfully at the higher end of guidance, easyJet's main news today is about passenger yields and the outlook.

If there's no reason to actually keep your money there because yields are rising in the developed world, particularly in the U.S., then that is a negative.

The appeal, which appears likely to be held in December, will drag out any process of resolution of the government's powers under law regarding 'Article 50', even as its resolve to carry out Brexit in spirit and in fact remains undiminished. That points to little let-up in sterling volatility, and in turn suggests Thursday's significant strengthening of the pound may not last.

Now that it's a bit less certain that (Democratic candidate Hillary Clinton) is going to win, we're seeing the impact of investors finally taking evasive action - probably evasive action which they should have taken a month ago. The caution is setting in.

It is that very (PPI) payment which has taken a big bite out of profits and, potentially, prevented Lloyds from taking as much advantage as possible from what still looks set to be a delayed hit from the referendum outcome.

It seems to be the suppliers that are really getting hit.

Commodities have been rallying very strongly since about February ... and that has obviously given miners a bit of a tailwind.

In straitened times valuations tumble and then eventually you have to bite the bullet and take a hit on your balance sheet. (It's) the same toxic mix of indebtedness, being hit by weakening demand for their main (product) and of course the fact that many of them have not actually cut dividends.

Immediate reaction in the market has not necessarily followed the headline numbers – it's followed the underlying strength in the U.S. jobs market shown by the unexpectedly strong rise in average hourly earnings.

It just adds to the picture … of uncertainty with respect to global growth, rather than giving us some reassurance.

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