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

Coronavirus to change habits – UBS

Paul Donovan, the Chief Economist of UBS Global Wealth Management, analyzes the implications in the near and long-term for the economy caused by the coronavirus.

Key quotes

“If consumers are afraid (whether rational or not), they may spend less in the short term. If that happens, it hurts the global economy.”

“Home working has increased with the virus. Once employers and staff discover that home working works, it may become more common. Online consumption of entertainment and some goods has also increased with the virus. As with home working, once people change their habits they rarely change back.”

“There are lots of economic implications. Transport and logistics will change. Demand for investment goods may rise (building local production). Demand for office and retail real estate could fall. The more important disruptions from the virus may lie in the long term.”

 

Chile Industrial Production (YoY) dipped from previous 3.2% to 1.8% in January

Chile Industrial Production (YoY) dipped from previous 3.2% to 1.8% in January
Read more Previous

When is the Canadian GDP report and how could it affect USD/CAD?

Friday's economic docket highlights the release of monthly Canadian GDP growth figures for January, scheduled to be published at 13:30 GMT. Statistics
Read more Next