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.
Octa trading broker
Open trading account
Back

UK: CPI to slip to 2.8% in February - TDS

Analysts at TDS are in line with consensus in looking for UK CPI to slip from 3.0% to 2.8% y/y in February, but underlying that, they look for a bit more underlying strength in core inflation and expect core CPI to come in at 2.6% y/y (mkt 2.5%).

Key Quotes

“February was characterised by colder than normal weather, and we've noticed a correlation between months with colder weather and stronger than normal core inflation readings. At 2.8% y/y, this leaves headline CPI a tenth below what the BoE had forecast in the Feb IR, but this is likely entirely an energy price story as the February IR projections would have been compiled at the time that crude oil prices were still up around $70bbl. So this should make no real difference to the underlying story.”

“EUR: We're looking for about 5pt drops in both components of today's German ZEW survey for March, leaving us a touch below consensus for expectations and the current situation.”

When are the UK CPIs and how could they affect GBP/USD?

The UK February CPI overview The cost of living in the UK as represented by the consumer price index (CPI) is due at 9:30 GMT. The CPI inflation is e
Read more Previous

USD/CAD holds weaker below 1.31 handle

   •  Positive oil prices underpinning commodity-linked Loonie.    •  Easing USD bearish pressure helps limit further downside.    •  Focus remains
Read more Next