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

Mit der Abgabe dieser Erklärung erkläre und bestätige ich ausdrücklich, dass:
  • Ich kein Bürger oder Einwohner der USA bin
  • Ich bin nicht auf den Philippinen wohnhaft
  • Ich weder direkt noch indirekt mehr als 10 % der Anteile/Stimmrechte/Beteiligungen der in USA ansässigen Personen besitze und/oder keine US-Bürger oder in den USA ansässigen Personen auf andere Weise kontrolliere
  • Ich mich nicht im direkten oder indirekten Besitz von mehr als 10 % der Aktien/Stimmrechte/Beteiligungen und/oder unter der Kontrolle eines US-Bürgers bzw. einer anderweitig in den USA ansässigen Person befinde.
  • Ich nicht mit US-Bürgern oder Personen mit Wohnsitz in den USA im Sinne von Abschnitt 1504 (a) des FATCA in Verbindung stehe bin
  • Ich bin mir meiner Haftung für die Abgabe einer falschen Erklärung bewusst.
Für die Zwecke dieser Erklärung werden alle von den USA abhängigen Länder und Territorien mit dem Hauptterritorium der USA gleichgesetzt. Ich verpflichte mich, Octa Markets Incorporated sowie seine Direktoren und leitenden Angestellten gegen alle Ansprüche zu verteidigen und schadlos zu halten, die sich aus einer Verletzung meiner vorliegenden Erklärung ergeben oder damit zusammenhängen.
Wir legen großen Wert auf Ihre Privatsphäre und die Sicherheit Ihrer persönlichen Daten. Wir erfassen Ihre E-Mail-Adresse nur, um Ihnen Sonderangebote und wichtige Informationen über unsere Produkte und Dienstleistungen zukommen zu lassen. Indem Sie Ihre E-Mail-Adresse angeben, erklären Sie sich damit einverstanden, solche E-Mails von uns zu erhalten. Wenn Sie den Newsletter abbestellen möchten oder Fragen bzw. Bedenken haben, wenden Sie sich bitte an unseren Kundensupport.
Octa trading broker
Konto eröffnen
Back

S&P 500 probing weekly lows around 4500 level, as investors grapple with hawkish Fed/Omicron concerns

  • Despite at one point trading above 4600, the S&P 500 has slipped lower to probe the 4500 level.
  • A break below this could trigger a move as low as 4300.

It shouldn’t come as too much of a surprise that the US equity market rollercoaster ride that has been running since news of Omicron first broke last Friday continued through to NFP today. The S&P 500 currently trades roughly 1.7% lower on the day and has dropped all the way back to just above 4500, despite at one point trading above 4600 earlier in the session. Thursday’s gains have thus been all but relinquished and the index is now trading within a whisker of the week low at 4504.70 and on course to close the week down roughly 1.9%. A break below 4500 could see a fast move down to the next area of resistance around 4300 (the September lows) over the course of next week.

Conditions have been choppy all week, with the index moving at least 1.0% in either direction every single day. In fact, (at this rate) the smallest intra-day move is set to be Wednesday’s 1.2% drop. The pick-up in volatility comes as market participants struggle to assess the outlook for the US and global economy as the Omicron Covid-19 variant spreads and as the Fed signals it is intent on pressing ahead with withdrawing monetary stimulus.

The US macro data this week has been very strong. Both ISM surveys pointed at strong expansion of manufacturing and service sector activity in November and, aside from the headline NFP number in Friday’s official labour market report, all other indicators point to a tight, strong labour market. Further evidence of underlying economic strength underpins the Fed’s hawkish shift this week. Recall that Chair Jerome Powell, after sounding very bullish on the economy but worries about inflation, said earlier in the week it would be appropriate to discuss accelerating the QE taper at this month’s FOMC meeting. St Louis Fed President, who is a 2022 policy voter, went further on Friday and was banging the drum about rate hikes as soon as Q1.

Up until Omicron came on the scene, equities were not bothered by increasingly hawkish Fed vibes. But Fed members did not use the new variant as an excuse to dial back on hawkishness as many had been hoping they would and at this point do not seem to deem it a significant economic threat. Equity investors, judging by the price action, disagree. They are, at least, assigning an elevated probability that the new variant does damage the growth outlook.

It looks as though Omicron is going to be super transmissible and is going to easily infect the vaccinate/naturally immune, so the equity markets best hope at this point is that the symptoms associated with infection are mild. If they are as bad as, say, delta, then lockdowns seem likely to “flatten the curve” of hospitalisations. If the symptoms are significantly milder, then stocks could come roaring back – a mild variant would be allowed to spread by health authorities as a means of achieving herd immunity and protecting against nastier Covid-19 variants. In this case, lockdowns would be off the table.

Canada: The labor market has fully recovered – NFB

The Canadian employment report released on Friday showed significant better-than-expected numbers with a net increase in jobs of 153.700. According to
Mehr darüber lesen Previous

Oil: Reaction to OPEC+ could be a signal that prices are putting in a bottom – Rabobank

The announcement from the OPEC+ surprised the market by following through on their plan to increase production by 400kb/d in January, potentially lead
Mehr darüber lesen Next