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
Trading news
Back
10 Mar 2020

Base metals: Money in the sidelines – TDS

After the worst single day equity selloff since the financial crisis, markets are taking a breather, reaching limit up on the day as some losses are recovered across markets, analysts at TD Securities inform.

Key quotes

“President Trump's potential stimulus package, which could include payroll tax cuts and extended paid sick leave, did well to quell panic at least in the very near term.” 

“On the virus front, President Xi's visit to Wuhan sends the message that China has the virus under control and is on the path to recovery.”

“With the rest-of-world contagion data becoming the marginal driver for base metals and commodity demand firmly in question, money managers have opted to rush for the sidelines.” 

“As for CTAs, despite today's risk recovery negative momentum signals are still prevalent as funds remain comfortably short. In contrast, lead selling could be halted should prices close above $1834/t.”

 

Mar 10, 2020

GBP/USD Price Analysis: Pound loses 200 pips from March’s highs vs. dollar

GBP/USD is retracing down from the 1.3200 figure while now challenging the 50 and 100 simple moving averages (SMAs). This Tuesday the pound is down sharply vs.
Read more Previous
Mar 10, 2020

EUR/USD extends the rangebund trading below 1.1400, focus on Trump

The selling bias remains well and sound around the European currency on Tuesday, with EUR/USD extending the consolidation below the 1.1400 level. EUR/
Read more Next