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

Trading news

Back

19 Dec 2016

Australia: MYEFO offered little new news on the fiscal front - TDS

Australia’s Mid-Year Economic & Fiscal Outlook (MYEFO) offered little new news on the fiscal front, expecting net debt to peak at -19% of GDP by mid-2019 as noted by the analysts at TDS.

Key Quotes

“The risk of a S&P Global ratings downgrade to AA+ remains above 50% but a decision on is unlikely to be made until after the 2017-18 Budget is released in May 2017. Our $A100b ACGB issuance program has upside due to (1) obstructionist Senate potentially not passing ‘baked in’ spending cut reform; and (2) new NBN loans are to be added from next year’s bond program. AOFM needs to issue up to $A2b/week in tenders and two modest-sized syndicates to reach this year’s target. NBN loans commence from 2017-18, requiring even more syndicates to fund.”

Dec 19, 2016

USD: More legs to the yield-fuelled rally - Westpac

Richard Franulovich, Research Analyst at Westpac, suggests that the US yields may be up sharply since Trump’s win (+80bp) but historical analogues (ta

PBOC’s Sheng: China will likely raise 2017 budget fiscal deficit to 3-4% of GDP

Bloomberg (via China Business News) now reports comments delivered from PBOC senior adviser and former head of statistics department Sheng Songcheng a