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

American equity markets edge higher Wednesday

The US Stock market experienced a positive opening Wednesday following the release of economic data in the US. In the United States, Retail Sales (MoM) rose +0.1% in January, against expectations of +0.1% and down from +0.5% previously. In addition, Retail Sales ex Autos (MoM) reported a figure of +0.2% in January, exceeding a consensus of only +0.1%.

Beginning with the indices and composites, the NASDAQ rose +0.26% as it settles in region of 3195.09, up +8.59 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1522.88, ascending +3.45 points or +0.22% at the time of writing. Finally, the Dow Jones has moved higher at the opening as well, trading in the zone of 14025.65, presently +0.06% after a marginal climb of +6.95 points.

Sectors are all in the red at the opening, however the Conglomerates and Basic Materials sectors have distinguished themselves as the winners thus far, rising +1.73% and +0.73% respectively. In other news, the price of crude has settled above USD $97.79 Wednesday.

Forex Flash: Money being driven out of JPY and CHF safe havens – Societe Generale

Sebastien Galy, Senior FX Strategist at Societe Generale believe that the outcome of existing market pressures is seeing the drive of money out of safe havens, with CHF and JPY weakening core European curves under pressure and peripheral ones outperforming even after a mixed Italian auction. He comments, “Riksbank stayed on hold driving some expectations of a cut and EURSEK lower with it.”
Read more Previous

US Dec Business Inventories decreases to 0.1% vs 0.2% (Nov)

Read more Next