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
16 Mar 2020

Base metals: Copper prices trending toward $4,200/t – TDS

The market initially responded optimistically to President Trump's Friday remarks as hopes for fiscal stimulus continue to grow, but markets have started the week in an aggressive risk-off tone, economists at TD Securities inform.

Key quotes

“As the spread and response to the virus ex-China is now firmly the driver in base metals, the waves of stimulus can help the metals find a floor, but only if the measures are able to instill a sense of confidence in the market, which is becoming tougher as countries grind to a halt.”

“Copper demand is very likely to head south in the first half of the year, which could contribute to a 700kt surplus this year and prices trending toward $4,200/t.” 

“CTAs will look to finish building their short in lead, while prices are back in range for selling in nickel below $11,810/t.”

 

Mar 16, 2020

US: US dollar to strenghten – Rabobank

Analysts at Rabobank continue to see scope for the US Dollar to strengthen against a broad base of currencies. Key quotes “On a 5-day view, the USD ha
Read more Previous
Mar 16, 2020

Coronavirus: Global recession but not for long – Danske Bank

The spread of the COVID-19 virus and the forceful restrictions being put in place together with elevated financial stress led to a recession, in the o
Read more Next