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

US: Employment numbers weakening – Danske Bank

On Friday, the US employment report came out slightly to the weak side as payrolls rose by 103k in March, i.e. below consensus of a growth of 188k, notes the research team at Danske Bank.

Key Quotes

“Unemployment in March was higher than expected at 4.1%, unchanged from February. The underemployment rate fell from last month, which was the only real strong number. Average hourly earnings increased by 2.7% in line with consensus and our expectations.”

“Friday's numbers will, in our view, not change the Fed's rate hiking cycle. This was supported by Fed Chair Powell's gradual-hikes-warranted speech on Friday, where he said that ' we will continue to aim for 2 percent inflation and for a sustained economic expansion with a strong labour market'' and ' as long as the economy continues broadly on its current path, further gradual increases in the federal fund rate will best promote these goals' . We still expect the Fed to hike rates twice more this year, in June and December (though with a risk of a third additional hike) and another three hikes next year.”

GBP/USD sidelined for the time being – Commerzbank

In opinion of Karen Jones, Head of FICC Technical Analysis at Commerzbank, Cable appears sidelined so far, while the negative bias should remain as lo
Read more Previous

Gold struggles to build on Friday's modest rebound from 2-week lows

   •  A modest USD recovery/positive US bond yields prompt some fresh selling.    •  Improving risk-appetite does little to revive safe-haven demand
Read more Next