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
8 Mar 2023

Australia: RBA delivers a 25 bps rate hike – UOB

Economist at UOB Group Lee Sue Ann comments on the recent decision by the RBA to lift the OCR by 25 bps to 3.60% at its event on March 7.

Key Takeaways

“The Reserve Bank of Australia (RBA) decided to increase the cash rate target by 25bps to 3.60%. This is the 10th straight meeting that the RBA has raised rates. Taking into account today’s move, the cash rate has increased by 350bps since May 2022.”

“Once again, it was highlighted in the accompanying statement that ‘the Board’s priority is to return inflation to target’, and that ‘further tightening of monetary policy will be needed to ensure that inflation returns to target and that this period of high inflation is only temporary’.”

“We are keeping our view of one more 25bps hike in Apr, which will take the OCR to 3.85%, as the RBA maintains a cautious approach. Attention will now turn to RBA Governor Philip Lowe’s speech at the AFR Business Summit in Sydney, early Wed (8 Mar) morning at 5.55am SGT.”

Mar 8, 2023

S&P 500 Index: Break above 4081/98 needed to see strength back to 4195/4203 – Credit Suisse

The S&P 500 has managed to hold 200-Day Moving Average and 38.2% retracement support at 3940/27. But a break past 4081/99 is needed to see further gai
Read more Previous
Mar 8, 2023

Poland NBP Base rate in line with forecasts (6.75%)

Poland NBP Base rate in line with forecasts (6.75%)
Read more Next