iSAM Securities Launches CFDs on Futures to Meet Growing Client Demand

Last night’s Fed meeting was a fairly muted event. Rates were held as expected, and there was no change to the forecast of two rate cuts for the rest of the year, with October’s meeting pencilled in as the first.

Markets continue to price in a risk premium from Middle Eastern tensions after the sixth day of exchanged fire between Israel and Iran. Trump met with his national security team yesterday, fueling speculation that the US may join the attacks.

Risk sentiment remains cautious as Trump called for the evacuation of Tehran. Despite this, global equities have remained resilient so far, as past instances of geopolitical tension have generally been contained.