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
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
22 Jan 2020

EU preparing to give UK worse trade deal terms than Canada or Japan – The Telegraph

During late-Tuesday, The Telegraph came out with the news that the European Union (EU) is preparing to offer the UK a trade deal on tougher terms than its deals with Canada, Japan and a host of other leading trade partners.

Key quotes

The European Commission has warned EU member states that it would be a mistake to allow some UK industry bodies to be allowed to certify that goods conform to EU standards. 

The so-called Mutual Recognition Agreements (MRAs) are granted to other key EU trade partners to facilitate the smooth movement of goods in key sectors but could be withheld from the UK if it only seeks a basic trade deal. 

The uncompromising European Commission stance surprised even some EU member states when they met on January 10 to discuss future goods trade with the UK.

FX implications

While news like this generally weighs on the British Pound (GBP), the GBP/USD pair seems to shrug it off while trading modestly changed to 1.3050. The reason could be traced from the UK’s latest upbeat Average Earnings data.

Jan 22, 2020

AUD/JPY Price Analysis: Bounces off 50-day EMA amid bearish MACD

AUD/JPY recovers to 75.20 amid the initial Asian session on Wednesday. The pair declines below 200-day EMA during the previous day but took a U-turn off-late.
Read more Previous
Jan 22, 2020

South Korea Gross Domestic Product Growth (YoY) registered at 2.2% above expectations (1.9%) in 4Q

South Korea Gross Domestic Product Growth (YoY) registered at 2.2% above expectations (1.9%) in 4Q
Read more Next