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

China: Stimulus working? – ABN AMRO

According to Han de Jong, Chief Economist of ABN AMRO, underlying slowing of the Chinese economy may be an important factor in the slowing of world trade growth and in the growth rate of the industrial sector in many countries.

Key Quotes

“Bear in mind that many Chinese data do not support that theory as they have remained relatively robust. It is clear, however, that Chinese policymakers have changed direction in recent months, putting less emphasis on deleveraging the economy and more on providing support for growth.”

“Whether they are doing that because the economy may have slowed more than they are willing to tolerate or whether they are, proactively, trying to compensate for possible negative effects of the trade conflict with the US is not clear. Perhaps it is a bit of both.”

“In any event, it is clear that public investment growth has slowed very significantly since the middle of 2016. That seems to be a reflection of the policymakers’ efforts to deleverage.”

“The more recent efforts to support the economy may be starting to produce results. Growth of public investment has picked up recently. In addition, the growth rate of investment in fixed assets in manufacturing has accelerated since March, when the yoy growth rate amounted to 3.8%. The October number was 9.1%.”

GBP/USD struggling to hold above 1.2800 as Brexit turns bearish... again

GBP/USD is trading flatly just north of 1.2800 heading into London's Monday market session with Brexit concerns once again coming into full view of ma
Read more Previous

EU to say that Brexit transition extension to depend on UK's conduct - Bloomberg

Europe’s chief Brexit negotiator, Michel Barnier, has raised the prospect of the UK remaining under the European Union (EU) control until the end of 2
Read more Next