The Intelligence Layer Beyond Your Own Book

iSAM Securities were named the Best B2B Liquidity Provider at the Ultimate Fintech Awards.

Over 75 million Americans have already cast their ballots to decide their Commander-in-Chief for the next four years. The 2024 election campaign, estimated to have cost over $15 billion—making it the most expensive U.S. election in history—is also one of the fiercest and most closely contested elections in recent memory.

Global markets remained mixed as easing US–Iran tensions pushed oil prices lower, while UK political uncertainty weighed on sterling and continued AI optimism supported Asian equities.

Markets remained cautious ahead of today’s US CPI report, which could reshape expectations for further Fed rate hikes. Oil rose as renewed attacks threatened Gulf supplies, while ASML’s demand warning weighed on technology stocks.

Global equities retreated as concerns over heavy AI investment weighed on sentiment, while Treasuries rallied on safe-haven demand. Oil also fell despite continued Middle East tensions, with attention now turning to tomorrow’s US inflation report.