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
5 Apr 2017

NZ: Commodity Price index posted 0.4% m/m gain in March - ANZ

Con Williams, Agri Economist at ANZ, explains that the New Zealand’s headline ANZ Commodity Price index eked out a small 0.4% m/m gain in March and compared with March last year, international prices are up 23%.

Key Quotes

“Importantly for exporters, a 2.9% fall in the NZD TWI during March lifted local returns by 3.4% m/m. Compared with the same time last year local prices are 16.5% higher.”

“In March there were a number of contrasting trends at the sector level, and even within the categories that make up each sector. Within the headline index, dairy (-1.8%) and seafood (-3.4%) prices both declined, but movements for specific products within each varied significantly. Meat and fibre prices experienced the biggest gain (+3.8%), followed by aluminium (+2.7%) and forestry (+1.2%). Horticultural prices were unchanged. In aggregate, the non-dairy component of the index rose 1.8% m/m and has gained 5.0% since the start of 2017.”

“The variable nature of price movements during the month highlights the fact that many products are currently trading on their own individual supply-demand fundamentals rather than in a synchronised fashion. This implies macroeconomic drivers (USD movements, reflation expectations, oil prices, China’s economic growth etc) are having a reduced say at present.”

Apr 5, 2017

RBA: Markets price a roughly flat cash rate to end-2017 - Westpac

Sean Callow, Research Analyst at Westpac, explains that as expected, the RBA held the cash rate at 1.5% in April and maintained a neutral outlook in i
Read more Previous
Apr 5, 2017

EUR/USD fails once again near 1.0685, PMIs, Fed eyed

The EUR/USD pair is seen correcting yesterday’s rally, now accelerating the decline amid resurgent broad USD demand, as the European traders hit their
Read more Next