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
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.
Confirm
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
19 May 2021

Asian Stock Market: Remains downbeat follows US market

  • Asia-pacific shares track losses on Wall Street on Wednesday.
  • Rising commodity prices fuel inflationary risk.
  • Most indices trade in red on risk-off sentiment.

Asian stocks edged lower on Wednesday. The losses in Asia-pacific indices could be traced back to the fall in Wall Street in the late New York session, while the US dollar moved lower to the late February levels below 90.0.

The speculation of inflationary pressure amid rising commodity prices spooked investors as they reduced their exposure to the riskier assets.

MSCI’s broadest index of Asia-Pacific shares outside Japan edged lower 0.3%. Hong Kong and South Korea are closed for holiday.

Japan’s Nikkei retreated 1.1%, Australia’s S&P/ ASX 200 index lost 1.9%, and China’s Shanghai Composite index fell 0.5%.

Risk of rising coronavirus infections and extended lockdowns in several major economics in the continent raises doubts over the economic recovery, while commodity prices are rising amid supply chain disruptions

Investors are now waiting for the release of minutes from the Federal Reserve’s April policy meeting to gauge the market sentiment. Any hint of tapering measures could dampen the market sentiments further.

May 19, 2021

BOJ’s Kuroda: Japan's economy remains under pressure from state of emergency curbs

“Japan's economy remains under pressure from the state of emergency curbs,” the Bank of Japan (BOJ) Governor Haruhiko Kuroda said in his speech on Wed
Read more Previous
May 19, 2021

BOJ’s Kuroda: Will continue to patiently sustain powerful monetary easing

Additional headlines are crossing the wires, via Reuters, as the Bank of Japan (BOJ) Governor Haruhiko continues to express his take on the monetary p
Read more Next