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.
Back

Oil prices plunged 8% this week, worst fall since March - BBH

FXStreet (Delhi) – Research Team at BBH, notes that the price of oil has fallen about 8% this week, its worst week since March.

Key Quotes

“OPEC's decision last week not to provide a new quota coupled with news yesterday that OPEC output rose in the lead-up to that meeting have pushed prices lower. The 230k barrel per day increase in OPEC output to 31.695 mln barrels is about 900k more than its projected 2016 demand.”

“It also marks a three-year high. And this does not appear to be the peak in output. Iranian production appears to account for most of the increase, which more than offset a slight decline in Saudi Arabian output, according to OPEC data.”

US retail sales likely expanded by 0.2% m/m in November – RBS

Brian Daingerfield, FX Trading Strategist at RBS, suggests that the US November retail sales data is expected to show a 0.2% m/m growth in headline sales.
Read more Previous

AUD/USD neared 23.6% Fibo support

The AUD/USD pair extended losses to hit a session low near 0.7204 (23.6% of 0.8163-0.6907+76.4% of 0.6006-1.1080).
Read more Next