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

Australia: Headline CPI likely to post 0.5% for Q1 2018 - Westpac

Justin Smirk, Research Analyst at Westpac, suggests that Westpac’s forecast for the headline CPI is 0.5%qtr holding the annual pace flat at 1.9%yr for Australian economy.

Key Quotes

“In the March quarter the increasing perseverance of post-Christmas sales now overwhelms an historical seasonal uplift associated with the re-pricing of administrated prices and the resetting of the Proscribed Benefits Scheme. The ABS estimates a seasonal factor of slightly more than –0.1ppt.”

“Core inflation is also forecast to print 0.5%qtr (0.50% at two decimal places) holding the annual pace flat at 1.9%yr. The trimmed mean is forecast to rise 0.54% while the weighted median forecast is 0.47%. The two quarter annualised pace is forecast to lift modestly to 1.8%yr from 1.6%yr – still under the bottom of the RBA’s target band. 
Key factors in Q4 are: annual repricing of health and education being offset by the significant discounts associated with the Boxing Day/New Year sales.”

“Westpac’s forecast will take the two quarter annualised pace headline inflation to 2.2%yr from 2.5%yr in Q4.”

“Core inflation remains below the bottom of the RBA target band and with the expected moderation in dwelling purchases price inflation through 2018, along with consumer goods still captive to a competitive deflationary cycle, it is hard to see core inflation breaking much higher.”

USD/JPY: Is the flatter yield curve capping gains?

The USD/JPY pair picked up a bid in early Asia, tracking the uptick in the Asian stocks. However, a break above 107.50 remains elusive, possibly due
Read more Previous

UK retail sales to decline in March – Nomura

In the view of the analysts at Nomura, the UK retail sales numbers are expected to decline in the month of March, tracking the downbeat readings the B
Read more Next