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.
Back

Wall Street opens sharply lower as risk aversion takes over

  • Coronavirus infections rose sharply after change in counting method.
  • CBOE Volatility Index rises more than 7% on Thursday.
  • Risk-sensitive energy and tech shares suffer heavy losses. 

Wall Street's main indexes started the day sharply lower on Thursday as resurfacing coronavirus fears weigh on risk-sensitive assets. As of writing, the CBOE Volatility Index, Wall Street's fear gauge, was up 7.3% on a daily basis to reflect the risk-averse environment.

China has reported a sharp upsurge in the number of confirmed coronavirus infection cases after changing the method of counting and triggered a flight-to-safety as investors realized that the outbreak would be more severe than initially anticipated.

Energy and tech shares underperform

At the moment, the Dow Jones Industrial Average is down 0.4% on the day, the S&P 500 and the Nasdaq Composite are erasing 0.3% and 0.5%, respectively. Among the 11-major S&P 500 sectors, the risk-sensitive Energy Index and the Technology Index are both down around 0.5%. On the other hand, the defensive Utilities Index is the only major sector in the positive territory in the early trade.

GBP/JPY Price Analysis: Clings to gains near 143.00 mark, over 1-week tops

The GBP/JPY cross reversed an early dip to the 142.00 neighbourhood and jumped to over one-week tops during the early North-American session on Thursd
Read more Previous

EUR/USD weaker, drops below 1.0850 to new 2020 lows

Another session, another yearly low in EUR/USD, as the single currency has depreciated to the 1.0850/45 band vs. the buck earlier in the session, area
Read more Next