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.
Back

Fed: Market had downgraded the chances of a hike next week - BBH

Research Team at BBH, suggests that the market has not changed its mind and following Brainard's recent comments, the market had downgraded the chances (which were already modest) of a Fed hike next week. 

Key Quotes

“Maybe the suggestion that a 25 bp hike in the target range somehow would make the Federal Reserve imprudent, incautious or impatient is a bit much. 

It is premature to make a hard conclusion.  However, investors should be open to the possibility that the sell-off in asset prices in the US, and especially the backing up of US interest rates and the steepening of the yields curve, may be a protest against such easy monetary policy in the US.  That hypothesis seems to be a corollary to the idea that monetary policy in Japan and Europe is maxed out, if not in terms of the lowest rates can go into the phantom-zone below zero and amount of assets that can be bought, then as a function of the political will of policymakers.” 

Global growth still not lifting off – NAB

Research Team at NAB, notes that the sluggish global growth was the focus of the latest G20 meeting, particularly protectionist trade measures, rising
Read more Previous

Commodities: Weaker across the board - ANZ

Research Team at ANZ, notes that the commodities were weaker across the board, with investors taking little solace from the better than expected econo
Read more Next