iSAM Securities Launches CFDs on Futures to Meet Growing Client Demand

Stock futures in Europe and the US fell overnight (Eurostoxx 50 futures down 0.4%, S&P 500 futures down 0.2%), while Asian equities advanced.

Oh, what a night! The Fed cut by 50 basis points to a corridor of 4.75% - 5% (Lower Bound / Upper Bound), marking its first reduction in more than four years.

The Fed interest rate decision is the main event today. Although the fact they will cut rates is in no doubt, markets are however divided on how big the cut may be.