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
30 May 2024

New Zealand 2024 Budget: Treasury sees inflation falling to below 3% in Q3 2024, to 2% around 2026

New Zealand (NZ) Finance Minister Nicola Willis presented the government’s annual Budget report for 2024, with key highlights enlisted below.

NZ sees 2023/24 operating balance before gains, losses NZ$-11.07 bln (HYEFU NZ$-9.32 bln).

NZ sees 2024/25 GDP 1.7% (HYEFU 1.5%).

NZ government forecasts return to obegal surplus in 2027/28 (HYEFU 2026/27).

NZ sees 2023/24 net debt 43.1% of GDP (HYEFU 43.5%).

NZ unemployment rate seen at 5.2% in 2024/25 (hyefu 5.2%).

Determined to return obegal to surplus in 2027-28.

Tax relief fully funded from savings, revenue initiatives.

NZ treasury sees NZ GDP contracting in H1 2024, growth in H2 2024.

NZ treasury sees inflation falling to below 3% in Q3 2024, to 2% around 2026.

Separately, New Zelanad’s Debt Management Office (DMO) said that the 2024/25 gross bond issuance increases to NZ$38 bln from NZ$36 bln in half year update.

The NZ DMO planned gross bond issuance for four years to June 2028 now totals NZ$126 bln up from NZ$114 bln in half year update.

May 30, 2024

SNB’s Jordan:There is small upward risk to the central bank’s inflation forecast

Swiss National Bank (SNB) Thomas Jordan said early Thursday that there is a small upward risk to the bank's inflation forecast.
Read more Previous
May 30, 2024

Australian Dollar rebounds as 10-year Government Bond Yield reaches four week highs

The Australian Dollar (AUD) rebounded on Thursday, possibly driven by the Australian 10-year Government Bond Yield increase to a four-week high of 4.52%.
Read more Next