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
27 Jan 2025

XAU/XAG ratio sits at the highs – TDS

The set-up for algo flows in Silver are not very promising, TDS' Senior Commodity Strategist Daniel Ghali notes.

A breakout appears imminent

"Over the coming sessions, subsequent CTA selling activity can hit the tapes, but we expect that new ATHs in Gold could finally catalyze a breakout in Silver markets, where we see unique implications from the dislocations in metals markets associated with tariff threats. The market is sleepwalking into a silversqueeze with flat prices thus far showing little appreciation for the recent developments in physical trading activity."

"A breakout appears imminent given a) the XAU/XAG ratio sits at the highs, b) CTAs and discretionary traders both hold significant dry-powder to deploy, c) SHFE Silver aggregate open interest sits at multiyear lows, but the largest traders in Shanghai have been adding to their books over the last months."

"D) London Silver continues to trade tight, e) assumptions that any potential silversqueeze will easily be resolved fail to recognize that pressure release valves require higher prices first before they can kick in. Explosive upside convexity in Silver markets remains severely underpriced."

Jan 27, 2025

Dow Jones Industrial Average twists as investors shake off overnight dip

The Dow Jones Industrial Average (DJIA) dipped into the 44,000 handle during Monday’s early overnight session, driven lower by a fresh bout of souring in investor risk appetite after a Chinese company globally released an open-source competitor to US-based AI models that have been largely proprietary up to this point.
Read more Previous
Jan 27, 2025

Price weakness to catalyze a large-scale CTA selling in Copper – TDS

CTAs are selling Copper and Aluminum, TDS' Senior Commodity Strategist Daniel Ghali notes.
Read more Next