iSAM Expands UK Presence with Move to New London Headquarters

Some weak Chinese economic data overnight has increased the expectation of the pace of fiscal and monetary policy to come.

Stocks had a poor night, the Nikkei is down -1.6% as is the Hang Seng and there is a Risk Off atmosphere going into month end.

Overnight we have had CPI data from Australia, coming in at 3.6%, above the 3.4% forecasted. The previous reading was 3.5%, with increasing rent, alcohol and transport prices behind the increase.