iSAM Securities Launches CFDs on Futures to Meet Growing Client Demand

Stocks have cooled slightly this morning as “re-liberation” day looms for the tariff pause, with Trump increasing tensions by saying the U.S. will start issuing tariff letters as soon as today.

Trade tensions and the July 9th deadline for negotiations continue to add uncertainty to the markets. Indices were down overnight following yesterday's NFP-fueled rally. The strong NFP numbers are likely to rule out a July rate cut.

Markets are looking ahead to the NFP report today, following poor results from yesterday’s ADP Non-Farm Employment data. The data is likely to show slower hiring and the highest unemployment rate since 2021, as the Trump administration’s trade and immigration policy shifts begin to leave an imprint.