iSAM Securities Launches CFDs on Futures to Meet Growing Client Demand

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.

Stocks have been rangebound overnight, the Hang Seng +0.05% whilst the Nikkei is down -0.06%. Chinese property shares advanced after Shanghai lowered down-payment ratios and the minimum mortgage threshold, as bigger Chinese cities follow through on the central government’s aid for the property sector.