iSAM Securities Launches CFDs on Futures to Meet Growing Client Demand

Overnight the Chinese Data was weaker than expected, despite stronger retail sales in May, industrial output and fixed-asset investment both posted slower growth, and home prices softened further.

The main news overnight was the BOJ keeping rates on hold 0.1%. There was 'No Change' to QT (i.e. they continue to buy bonds at a pace of JPY 6trn a month) although BOJ did say they will specify the plan for reducing bond purchases at the next meeting.

The Fed has been the main news story overnight, the FOMC kept rates on hold for a seventh straight meeting. However, in the Press Conference Federal Reserve, officials dialled back their expectations for interest-rate cuts this year.