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

Ao fornecer esta declaração, declaro e confirmo explicitamente que:
  • Não sou um cidadão nem residente nos EUA
  • Não sou residente nas Filipinas
  • Não possuo, direta ou indiretamente, mais de 10% de ações/direitos de voto/juros dos residentes dos EUA e/ou não controlo cidadãos ou residentes dos EUA por quaisquer outros meios
  • Não tenha propriedade, direta ou indireta, de mais de 10% de ações/direitos de voto/juros e/ou controlo cidadãos ou residentes dos EUA exercidos por outros meios
  • Não sou afiliado de cidadãos ou residentes dos EUA nos termos da Secção 1504(a) da FATCA
  • Tenho consciência da minha responsabilidade por prestar declarações falsas.
Para efeitos da presente declaração, todos os países e territórios dependentes dos EUA são equiparados de igual modo ao território principal dos EUA. Comprometo-me a defender e a considerar isenta a Octa Markets Incorporated, os seus diretores e oficiais relativamente a quaisquer reivindicações que surjam ou estejam relacionadas com qualquer violação da minha declaração no presente documento.
Dedicamo-nos à sua privacidade e à segurança das suas informações pessoais. Coletamos e-mails apenas para fornecer ofertas especiais e informações importantes sobre nossos produtos e serviços. Ao enviar seu endereço de e-mail, você concorda em receber nossas cartas. Se desejar cancelar a assinatura ou tiver alguma dúvida ou preocupação, entre em contato com o nosso Suporte ao Cliente.
Octa trading broker
Abrir conta de negociação
Back

CAD/JPY weakens for third straight day after BoC cuts interest rates, weakness in Oil

  • CAD/JPY weakens as BoC cuts interest rates for the third meeting in a row. 
  • The Yen gains support from a rise in real wages in Japan that bolsters the outlook for growth. 
  • A decline in the price of WTI crude Oil below $70.00 a barrel further weighs on the CAD/JPY. 

CAD/JPY trades a quarter of a percent lower in the 106.10s on Thursday, as the Canadian Dollar (CAD) weakens from a combination of falling Oil prices – crude is the country’s largest export – and expectations the Bank of Canada (BoC) will continue cutting interest rates after a 0.25% reduction at its September meeting. Lower interest rates are negative for a currency as they reduce foreign capital inflows.

The CAD/JPY sees its third straight day of losses after declining sharply on Wednesday following the BoC’s decision to cut interest rates by 0.25% for the third meeting in a row, amid falling inflation and growth concerns. 

In his press conference after the meeting, Governor Tiff Macklem struck a dovish tone, saying “We need to increasingly guard against the risk that the economy is too weak and inflation falls too much.” Adding, “If inflation continues to ease broadly in line with our July forecast, it is reasonable to expect further rate cuts.”

CAD/JPY saw further downside after data out of Japan showed a rise in real wages, which increased for the second straight month in July and reinforced expectations that the Bank of Japan (BoJ) will raise interest rates again before the year ends. Inflation-adjusted real wages in Japan rose 0.4% year-over-year in July as total cash earnings increased 3.6%. 

BoJ Board Member Hajime Takata struck a moderate, data-dependent tone in a speech on Thursday morning, however, that will have tempered downside for CAD/JPY. Takata said that “based on our hearings we expect more rate hikes in October,” but qualified this by adding, “though that was when the Yen was weakening.” 

Apart from that Takata remained ambivalent saying, “We (the BoJ) Don't have a preset idea on pace of rate hikes, or on whether we will hike rates several times,” and adding, “We have no choice but to scrutinize at each policy meeting how market moves affect corporate balance sheets, earnings and risks to economy.”

CAD/JPY lost further ground after WTI crude Oil fell below the $70.00 level amid rumors of OPEC+ production increases and the slowdown in China. Lower Oil prices are negative for CAD as its a major crude exporter but positive for Japan which is a major Oil importer.

 

United States Unit Labor Costs came in at 0.4%, below expectations (0.9%) in 2Q

United States Unit Labor Costs came in at 0.4%, below expectations (0.9%) in 2Q
Leia mais Previous

US: Initial Jobless Claims increased below estimates last week

US citizens that newly applied for unemployment insurance benefits reached 227K in the week ending August 31, according to the US Department of Labor (DoL) on Thursday.
Leia mais Next