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
26 Jun 2018

Asia stocks extend slide as trade fears hammer China equities

  • Risk aversion is taking the top off of indexes for Tuesday as trade fears become the flavor of the week.
  • The Nikkei 225 continues to struggle to recover into a bull stance for 2018.

Equities in the Pacific-Asia session have extended the week's decline, with the major bourses across Asia and the Antipodeans into the red for Tuesday.

In China, the focal point of trade tensions emanating from the US, equity indexes are down for the day as US equities moved lower in the overnight session. The stand-off over trade between the US and China continues, with President Trump's administration now seeking to limit investment in US technologies by foreign firms, with some confusion as key personnel within the Trump administration making conflicting statements. 

Australia's ASK index is down -0.33% for Tuesday, with Japan's 225 Nikkei index off of the day's open by -0.52%, while China's bourses are the hardest-hit, with Shanghai's Composite index down -0.77% and Hong Kong Hang Seng index in the red by -0.88% for the day.

Nikkei 225 levels to watch

Japan's Nikkei index has managed to recover to the 22,290.00 region, though downside is still remaining on the cards with the index steeply lower for the week, with Monday's opening prices at 22,580.00. A continued decline for the Nikkei will see action fall into late-May's lows near 21,910.00, while a bullish reversal has its work cut out for it, with the last swing high resting close to May's highs near 22,780.00.

Jun 26, 2018

H2 2018: Seven key risks ahead – JP Morgan

Analysts at JP Morgan highlight seven key risks, in its latest outlook report, as we head towards the second half of this year.   7 key risks: “Tr
Read more Previous
Jun 26, 2018

EUR/USD is charting a double bottom reversal, risk-off could weigh on the USD

The EUR/USD rose to a 12-day high of 1.1721 in Asia and could rise further towards 1.1852 (double top neckline) as the trade fears and the resulting r
Read more Next