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
9 Jan 2024

Gold Price Forecast: Slightly weaker XAU/USD is justified in the short term – Commerzbank

Gold price went on a rollercoaster ride on Friday following the release of the US employment report. Strategists at Commerzbank analyze the yellow metal’s outlook.

Gold price weaker for now

More jobs were created in December than expected. However, the previous months' data was revised downwards. Nevertheless, there is no evidence of pronounced weakness in the US labor market. Rather, the data may have encouraged those who continue to expect a soft landing for the US economy and as a result, rather late interest rate cuts by the Fed, which explains why Gold is now trading lower. 

Although we are far less optimistic – our economists continue to believe that the US will still slip into recession – the robust labor market supports our view that the first interest rate cut by the Federal Reserve will probably not take place until May, rather than earlier as many market participants expect. In this context, we believe that a slightly weaker Gold price is justified in the short term.

Jan 9, 2024

United States Redbook Index (YoY) increased to 5.9% in January 5 from previous 5.6%

United States Redbook Index (YoY) increased to 5.9% in January 5 from previous 5.6%
Read more Previous
Jan 9, 2024

EUR/USD steady amid soft EU’s data, ahead of US CPI report

The EUR/USD is almost flat in early trading in the North American session on Tuesday as economic data in Europe was mixed while traders prepared for Thursday’s inflation report in the United States (US).
Read more Next