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

Euro area Industrial Production rose by 2.3% in January vs. 1.4% expected

  • Industrial Production increased more than expected in the euro area in January.
  • EUR/USD continues to edge lower as focus remains on ECB.

Industrial Production (seasonally adjusted) in the euro area rose by 2.3% on a monthly basis in January following December's decline of 1.8%, the data published by the Eurostat showed on Thursday. This reading came in better than the market expectation of +1.4%.

Further details of the report revealed that Industrial Production contracted by 1.9% on a yearly basis.

Market reaction

Despite the upbeat data, the shared currency continues to weaken against its major rivals ahead of the European Central Bank's monetary policy announcements. As of writing, the EUR/USD pair was down 0.3% on the day at 1.1235.

USD/JPY: Slump to accelerate below 103.00

USD/JPY keeps retreating from a weekly high of 105.91, now trading in the 103.60 price zone, battling with the 23.6% retracement of its latest daily c
Read more Previous

Copper Futures: There is still scope for a bounce

Open interest in Copper futures markets extended the downtrend on Wednesday, this time shrinking by just 410 contracts. In the same direction, volume
Read more Next