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
25 Feb 2025

US President Donald Trump announces probe into Copper

US President Donald Trump signed another Executive Order late Tuesday, signaling for the US Commerce Department to launch an official "probe" into Copper markets. President Trump, citing "national security concerns", is ordering for an investigation into pricing of Copper in futures and delivery markets. US law provides an ambiguous backdoor for presidents to issue Executive Orders that allow the White House to circumvent normal Congressional avenues of kicking off trade wars, and has been the cornerstone of the Trump adminsitration's hundreds of Executive Orders since Trump took office in January.

President Trump took the opportunity to signal further possible tariff actions, reiterating his intent to designate other country's digital services taxes as a form of pseudo-tariff on US goods. President Trump also repeated his insistence that the US does not "need" Canadian Crude Oil or lumber products, a statement that runs against a hard wall of decades of trade history.

Key highlights

US Commerce to probe copper derivative imports and exact list unclear.

Trump launches commerce probe that could lead to copper tariffs.

Copper probe based on national security, not trade imbalance.

Copper order will have big impact.

Europe uses digital taxes to penalize US businesses.

We're going to protect our businesses.

The House and Senate know what I want.

We don't need Canadian oil or lumber.

Feb 25, 2025

USD/JPY drops as weak US data fuels rate cut bets, Yen strengthens

The Japanese Yen (JPY) extended its gains versus the US Dollar (USD) on Tuesday, which was helped by the fall of US Treasury bond yields as consumer confidence deteriorated further, according to the Conference Board.
Read more Previous
Feb 25, 2025

United States API Weekly Crude Oil Stock down to -0.64M in February 21 from previous 3.34M

United States API Weekly Crude Oil Stock down to -0.64M in February 21 from previous 3.34M
Read more Next