Confirming you are not from the U.S. or the Philippines

Dengan memberikan pernyataan ini, saya mengaku dan mengesahkan bahawa:
  • Saya bukan seorang warganegara atau pemastautin A.S.
  • Saya bukan warga Filipina
  • Saya tidak memiliki secara langsung atau tidak langsung lebih daripada 10% saham/hak mengundi/faedah pemastautin A.S. dan/atau di bawah kawalan warganegara atau pemastautin A.S. yang dilaksanakan dengan cara lain
  • Saya tidak berada di bawah pemilikan langsung atau tidak langsung lebih daripada 10% saham/hak mengundi/faedah dan/atau di bawah kawalan warganegara atau pemastautin A.S. yang dilaksanakan dengan cara lain
  • Saya tidak berafiliasi dengan warganegara atau pemastautin A.S. dalam terma Bahagian 1504(a) FATCA
  • Saya menyedari akan liabiliti saya kerana membuat pengakuan palsu.
Untuk tujuan pernyataan ini, semua negara dan wilayah bergantung A.S. adalah sama dengan wilayah utama A.S. Saya memberi komitmen untuk mempertahan dan tidak mempertanggungjawabkan Octa Markets Incorporates, pengarah dan pegawainya terhadap sebarang sebarang tuntutan yang timbul dari atau berkaitan dengan sebarang pelanggaran pernyataan saya ini.
Batal Sahkan
Kami komited terhadap privasi anda dan keselamatan maklumat peribadi anda. Kami hanya mengumpul e-mel untuk memberi tawaran istimewa dan maklumat penting tentang produk dan perkhidmatan kami. Dengan memberikan alamat e-mel anda, anda bersetuju untuk menerima surat sedemikian daripada kami. Jika anda ingin berhenti melanggan atau ada sebarang soalan atau masalah, tulis kepada Sokongan Pelanggan kami.
Sahkan
Berita dagangan
Back
28 Nov 2022

AUD/USD declines towards 0.6700 amid weak Aussie Retail Sales and China’s Covid protests

  • AUD/USD remains muted on a negative growth in Retail Sales as China’s Covid-inspired risks carry enough weight.
  • Market sentiment has turned cautious amid anti-Covid lockdown protests.
  • The USD Index is holding its gains above 106.00 amid a decline in investors’ risk appetite.

The AUD/USD pair has not responded well to the downbeat monthly Retail Sales data as reported by the Australian Bureau of Statistics. The economic data has landed in negative territory at 0.2% vs. consensus of 0.4% growth and the prior release of 0.6%. The Aussie asset is expected to decline to 0.6700 as weaker retail sales data will join anti-Covid lockdown protests in China.

A slowdown in Retail sales might impact the Aussie dollar but will delight the Reserve Bank of Australia (RBA). A slowdown in retail demand usually propels a decline in the inflation rate. RBA Governor Philip Lowe is spending sleepless nights developing strategic plans to scale down inflation in Australia. The Australian inflation displayed a historic surge in its third-quarter report, which forced the RBA to escalate its inflation guidance to 8.0%.

Apart from that, anti-Covid curb protests in China have triggered a risk-aversion theme. Commodity-linked currencies are facing sheer heat amid a decline in the risk appetite of investors. Frustration led by prolonged Covid-19 curbs by Chinese authorities has forced individuals to shout slogans of ‘XI Jinping goes down. A demand for democracy over dictatorship could propel civil risks in China.

It is worth noting that Australia is a leading trading partner of China and China’s weaker economic prospects could have a significant impact on the Aussie dollar.

Meanwhile, the US Dollar Index (DXY) is holding a majority of its gains above 106.00 amid an improvement in safe-haven’s appeal. S&P500 futures have extended their losses portraying a cautionary mood of the market participants. The 10-year US Treasury yields have resumed their downside journey ahead of the speech from Federal Reserve (Fed) chair Jerome Powell.

The speech from Fed Chair, scheduled on Wednesday, will dictate the likely monetary policy action by the Fed in its December monetary policy meeting. Apart from that, United States Automatic Data Processing (ADP) Employment data will be of significant importance. The economic data is seen lower at 200k vs. the prior release of 239k.

 

Nov 28, 2022

Gold Price Forecast: XAU/USD snaps four-day uptrend as Covid woes sour sentiment

Gold price (XAU/USD) drops for the first time in five days while printing mild losses around $1,750 during early Monday. In doing so, the yellow metal
Baca lagi Previous
Nov 28, 2022

GBP/USD Price Analysis: Bears eye the 38.2% ratio on break below 38.2% ratio

GBP/USD is down on the day so far, losing 0.15%, with the price falling from a high of 1.2074 to a low of 1.2051 so far. The sour tone of OBR forecast
Baca lagi Next