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
16 Jan 2018

UK: Key economic events ahead – Nomura

Analysts at Nomura enlist the key macro events due on the cards from the UK docket today, with the key CPI and PPI figures due at 0930GMT.

Consumer prices:

“We expect CPI inflation to have fallen by two tenths in December, from 3.1% in November to 2.9% in December.

This may not be the start of a continued fall, however, with our current forecasts having inflation rising slightly in January before embarking on a trend decline thereafter back towards its target.

We see RPI inflation falling by 0.1pp in December (3.9% to 3.8%) - this fall is less than that of CPI inflation due to the RPI-CPI wedge rising 0.1pp thanks to the BoE's November rate rise, which raises the mortgage interest component of the RPI.

Our forecast of a fall in inflation in December before temporarily rising in January is consistent with anecdotal evidence showing significant discounting ahead of Christmas (note the fall in the BRC shop price index).”

Producer prices:

“The CBI and PMI output price indices moved in different directions in December - CBI up, PMI down.

What they have in common is that they are both historically high and well above their averages over the past 20 years.

As a result, we expect another 0.3% m-o-m rise in headline and also core output prices in December. The combination of higher sterling during the month and a rise in crude oil prices should keep input prices broadly static.“

 

Jan 16, 2018

EUR/USD: Volatile within range sub-1.2300 ahead of German data

The EUR/USD pair extended its overnight side trend into Asia, wavering back and forth in a 30-pips narrow range, as the bulls consolidated yesterday’s
Read more Previous
Jan 16, 2018

BOE 2018 rate hike still isn't a given - ING

James Smith, Developed Markets Economist at ING, explains the factors that may make it difficult for the Bank of England to announce a 25 basis point
Read more Next