Mengonfirmasi Anda bukan dari AS atau Filipina

Dengan memberikan pernyataan ini, saya secara tegas menyatakan dan mengonfirmasikan bahwa:
  • Saya bukan warga negara atau penduduk AS
  • Saya bukan penduduk Filipina
  • Saya, secara langsung maupun tidak langsung, tidak memiliki lebih dari 10% saham/hak suara/kepentingan dari penduduk AS dan/atau tidak mengontrol warga negara atau penduduk AS dengan cara lain
  • Saya tidak berada di bawah kepemilikan langsung atau tidak langsung untuk lebih dari 10% saham/hak suara/kepentingan dan/atau berada di bawah kontrol warga negara atau penduduk AS dengan cara lain
  • Saya tidak berafiliasi dengan warga negara atau penduduk AS dalam hal Bagian 1504(a) dari FATCA
  • Saya menyadari tanggung jawab saya jika membuat pernyataan palsu.
Untuk tujuan pernyataan ini, semua negara dan wilayah dependen AS disamakan dengan wilayah utama AS. Saya berkomitmen untuk membela dan membebaskan Octa Markets Incorporated, direktur dan pejabatnya dari klaim apa pun yang timbul akibat atau terkait dengan pelanggaran apa pun atas pernyataan saya.
Kami berkomitmen menjaga privasi dan keamanan informasi pribadi Anda. Kami hanya mengumpulkan email untuk menyediakan penawaran khusus dan informasi penting tentang produk dan layanan kami. Dengan memberikan alamat email, Anda setuju untuk menerima surat tersebut dari kami. Jika Anda ingin berhenti berlangganan atau memiliki pertanyaan maupun permasalahan, silakan hubungi Layanan Pelanggan kami.
Back

WTI rebounds from $84.00 ahead of EIA data, central banks’ policies remain key

  • Oil prices have picked bids around $84.00 after a corrective move.
  • The EIA is expected to report a build-up of oil inventories by 0.2M barrels.
  • Hawkish monetary policies by global central banks may impact oil demand ahead.

West Texas Intermediate (WTI), futures on NYMEX, have rebounded after dropping to near $84.00 in the Tokyo session. The oil prices corrected in the late New York session after reporting healthy gains as the American Petroleum Institute (API) displayed a build-up of stockpiles for the last week ending October 24.

The oil stockpiles reported addition of 4.52M barrels of oil which indicates a decline in oil demand last week. It is worth noting that the US administration is releasing oil from the Strategic Petroleum Reserve (SPR) to address cuts in the global oil supply by OPEC. Therefore, the oil inventory buildup could be the outcome of additional oil infusion.

A tug of war between distinct ideologies of the US administration and the oil cartel as the former has pledged to weaken oil prices to trim global inflationary pressures while the latter believed the oil prices are imbalanced and are required to be stabilized with production cuts.

US President Joe Biden announced that the oil released from SPR will be replenished once oil prices will drop below $70.00.

Going forward, the critical oil report from Energy Information Administration (EIA) will display a true picture of oil inventories. As per the projections, the EIA report will report a marginal build-up of oil by 0.2M barrels.

Meanwhile, the People’s Bank of China (PBOC) has announced a liquidity infusion of CNY 280B through seven-day Reverse Repo at 2% through open market operations.

This week, monetary policies from global central banks will be the major trigger. The Bank of Canada (BOC), the European Central Bank (ECB), and the Bank of Japan (BOJ) will announce their interest rate decision. The BOC and ECB are expected to deliver a hawkish stance while the BOJ would stick to its dovish remarks.

 

BOC Preview: Laser-focus on whether central banks will “pivot”

Analysts at Goldman Sachs offer a sneak peek at what to expect from Wednesday’s Bank of Canada (BOC) interest rate decision. Key quotes "This week's B
Baca selengkapnya Previous

USD/CNY drops below 7.30 afte PBOC intervenes in FX market

The Chinese yuan was once again rescued by the People’s Bank of China (PBOC) after Reuters reported, citing sources, major Chinese state-owned banks s
Baca selengkapnya Next