iSAM Securities Launches CFDs on Futures to Meet Growing Client Demand

Asian stocks rose 0.7%, led by South Korea, driven by expectations of Federal Reserve interest rate cuts following a weak U.S. jobs report. Markets now price in a 95% chance of a Fed rate cut in September, up from 80%, with a 99% likelihood of a 25-basis-point move

Indices found support overnight after a consistent sell-off in the final week of July. The S&P 500 ended Friday 1.6% lower, and the Nasdaq 100 dropped 2%. The U.S. 10-year yield fell 16 basis points Friday, while policy-sensitive two-year yields dropped 28 basis points.

Today marks the end of a busy week filled with earnings data, the Federal Reserve, and, rounding things out, Non-Farm Payrolls later today! Global equities extended their decline for a sixth straight session, but the S&P 500 still sits only 1.5% from all-time highs. Fresh U.S. tariffs weighed on sentiment and offset another round of strong tech earnings.