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

Gold bullish news: US 10-year real rates could drop to -1%, according to BofA analysts

The yield on the US 10-year treasury inflation-protected security (TIPS), which provides a hedge against inflation, could drop to -1% if the recent resurgence of coronavirus cases in the US prompts the Federal Reserve to give stronger dovish guidance on Wednesday, strategists at Bank of America (BofA) said on Tuesday, as tweeted by Bloomberg's Lisa Abramowicz. 

The 10-year TIPS yield fell to a record low of -0.90% last week, having hit a high of 0.62% during the March crash. 

The relentless slide seen over the past four months played a big role in boosting demand for gold, which is now trading at record highs above $1,970 per ounce. Prices have risen by 22% this month alone and are up over 25% this year. 

10-year TIPS

PBOC sets yuan reference rate at 6.9895

The People's Bank of China (PBOC) has set the yuan reference rate at 6.9895 versus Monday's fix at 7.0029.
Read more Previous

AUD/USD Price Analysis: Eyes fresh monthly high after Monday's bullish marubozu

AUD/USD is currently trading at 0.7164, representing a 0.20% gain on the day, having hit a session high of 0.7177 a few minutes before press time. The
Read more Next