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.
Octa trading broker
Open trading account
Back

UK: GDP output expanded by 0.5% in the three months to October - NIESR

"Our monthly estimates of GDP suggest that output expanded by 0.5 per cent in the three months to October, slightly stronger than the official outturn for the third quarter of 2017 which was 0.4 per cent," the National Institue of Economic and Social Research of the UK announced on Friday.

Key takeaways

Although economic growth is likely to be stronger in the second half of this year compared with the first, it is important to note that activity has slowed since last year.

We expect the pattern of demand in the UK economy to rebalance towards international trade in response to strengthening global growth and weaker sterling and away from domestic demand. 

If the economy continues to expand at this pace and inflation remains elevated, there is a case for the Bank of England to gradually raise the policy rate to stop the economy from overheating.

Consistent with that view, our latest forecast for the UK is conditioned on a 25 basis points increase in Bank Rate every six months such that the policy rate reaches 2 per cent in 2021.

EU's Barnier: We are not seeking concessions from UK, or vice versa

The European Union's chief Brexit negotiator, Michel Barnier, recently crossed the wires, with key quotes, via LiveSquawk, found below. We are not s
Read more Previous

Russia Foreign Trade above expectations ($9B) in September: Actual ($10.222B)

Russia Foreign Trade above expectations ($9B) in September: Actual ($10.222B)
Read more Next