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.
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.
Octa trading broker
Open trading account
Back

Oil price rises at the start of the year – Commerzbank

The Brent oil price fell by around 3% last year, Commerzbank’s commodity analyst Carsten Fritsch notes.

OPEC oil production falls by 120k bpd in December

“The year-end level of less than $75 per barrel was the lowest in four years. Since the beginning of the new year, the price has risen noticeably and yesterday reached its highest level since mid-October at $77.5 per barrel.”

“One reason is the concern that less oil from Iran and Russia is likely to reach the market due to stricter sanctions. In addition, Bloomberg reported in its survey that OPEC oil production fell by 120 thousand barrels per day in December, with the United Arab Emirates being particularly responsible for this. These produced significantly more than agreed in recent months.”

“However, the overproduction of the nine OPEC countries bound by the production targets still totaled more than 400 thousand barrels per day in December.”

CAD steadies on the daily chart – Scotiabank

The CAD is holding a minor gain on the broadly softer USD.
Read more Previous

EUR/USD: Spreads are getting narrower – Scotiabank

Preliminary Eurozone CPI rose 0.4% M/M and 2.4% in the year—in line with expectations but up from November’s 2.2%, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Read more Next