Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
Cancel Confirm
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Confirm
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
28 Mar 2023

Gold Price Forecast: XAU/USD to average $2,000 over Q4 as Fed pivots – ING

Concerns over the banking sector have led to a move towards safe haven assets and Fold has clearly benefited from this. While economists at ING see a short-term pullback in prices, we expect these to strengthen over the second half of the year.

Fed policy should support Gold later in the year

“Fed policy is likely to be key for Gold over the medium term. We see a final 25 bps hike in May, which would leave the Fed funds range at 5-5.25%. Rate cuts will likely then become the theme for 2H23, and we see the Fed cutting by 75 bps in the fourth quarter. We would expect real yields to follow policy rates lower later in the year, which should prove supportive for Gold prices.”

“Whilst we expect a pullback in prices in the short term, we see Gold prices moving higher over 2H23 and expect spot Gold to average $2,000 over 4Q23. The assumptions around this are that we do not see further deterioration in the banking sector and that the Fed starts cutting rates towards the end of this year.” 

 

Mar 28, 2023

Seasonal trends are just about to turn less favourable for the USD – Scotiabank

Economists at Scotiabank expect the US Dollar Index to sustain losses in April, which could extend into the third quarter. April is the worst month of
Read more Previous
Mar 28, 2023

NY Fed: Expected rent price increase for next year at 8.2% vs 11.5% last year

In a report published on Tuesday, the Federal Reserve Bank of New York said that the expected rent price increase for next year was at 8.2%, down from
Read more Next