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
4 Aug 2021

New Zealand two-year bond yields jump to fortnight high on upbeat jobs report

Yields on the two-year New Zealand (NZ) government bond rose 2.5 basis points (bps), or 3.36%, to 0.77% after strong NZ Q2 employment figures, published during the early Asian session on Wednesday.

Among the key details, the headline NZ Employment Change crossed 0.7% market consensus and 0.6% prior to 1.0% whereas the Unemployment Rate dropped to a one-year low of 4.0% versus 4.5% forecast and 4.7% previous readouts.

Read: NZD/USD: Bulls attack 0.7050 on strong NZ Q2 Employment data

The data propelled bets for the Reserve Bank of New Zealand (RBNZ) rate hike during 2021, also favored the NZD/USD bulls to refresh weekly top around 0.7050 before recently easing to 0.7038.

It’s worth noting that multiple research houses including the Australia and New Zealand Banking Group (ANZ), Westpac and the Bank of New Zealand (BNZ), raised their RBNZ rate hike forecasts following the data release. The banks now expect benchmark rates to go up from August, which in turn suggests further upside for the NZD/USD prices.

Aug 4, 2021

Japan Jibun Bank Services PMI came in at 47.4, above expectations (46.4) in July

Japan Jibun Bank Services PMI came in at 47.4, above expectations (46.4) in July
Read more Previous
Aug 4, 2021

Gold Price Forecast: Stuck in familiar ranges, bears seek break of $1,790, bulls $1,834

The price of gold on Tuesday was a touch softer within familiar ranges. XAU/USD ended down some 0.17% at $1,810.45 and had ranged between a high of $1
Read more Next