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

DoubleLine's Gundlach: Pressure building on Fed to go negative on Fed Funds

Jeffrey Gundlach, Wall Street's bond king and Founder and Chief Executive Officer of DoubleLine Capital, tweeted out early Thursday.

Gundlach tweeted: Long term Treasury yields are rising, understandably, due to a $4 Trillion growth of the National Debt coming in just the next few months. The Fed has manipulated “Investment Grade” corporate bond yields to below 3%. They will certainly want a lower ceiling for Treasury yields.”

“These Trillions Treasury is borrowing is heavily in T-Bills. Chair Powell has stated in plain English he is opposed to negative interest rates. Yet the pressure to go negative on Fed Funds will build as short-term borrowing explodes and dominates. Please, no. Rates < 0 = Fatal.”

Meanwhile, the US dollar index trades at weekly highs near 100.20 amid global economic uncertainty and simmering US-China tensions.

ASX 200 Index: Event and fundamental risks weighing

The Australian share market is lower again on Thursday, with the ASX 200 Index down 0.34% at the time of writing, trading at 5,366 between a low of 5,
Read more Previous

Emerging market FX to struggle against King dollar in 2020 – Reuters poll

Reuters is out with its survey results on the outlook for emerging market (EM) currencies over the next three months, with the key highlights found be
Read more Next