Natural Gas: Potential Consequences of Price Surge

Seven Potential Consequences of Surging Natural Gas Prices By Erik Norland, Senior Economist CME Group Eurasia Manufacturing Costs Could Rise by 50% Consumers could have to pay up for manufactured goods. High natural gas prices could elevate inflation rates in Europe, Asia. Oil market rallies, tops $80, even as travel demand remains soft. European fertilizer … Read More

Seven Factors That Drive the U.S. Dollar-British Pound Rate

Factors that Move GBP/USD Exchange Rate By Erik Norland, Senior Economist CME Group How Monetary Policy Shapes GBP/USD GBP/USD tends to correlate positively to U.S. dollar-euro exchange rate. Brexit-related politics played a big role in influencing GBP/USD in past years. GBP has lagged gains in USD and EUR possibly due to underperformance of U.K. economy. … Read More

Policy Impacts on Equities, Economy; Low Expectations for High Interest Rates

View in your browser Fiscal, Monetary Policy Impacts; Expectations for Interest Rates By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Will Ending QE Impact Stocks and Bonds? Fiscal policy initiatives helped cushion pandemic’s disruption of economy. Direct payments helped consumer spending recover sooner than during Great Recession. Fed tapering of asset purchases … Read More

Fiscal, Monetary Policy Impacts on Equities, Economy

View in your browser The Interplay of Fiscal, Monetary Policy with Equities, Economy By Blu Putnam, Chief Economist CME Group Will Unwinding Asset Purchases Impact Equities? Fiscal policy initiatives helped cushion pandemic’s disruption of economy. Direct payments helped consumer spending recover sooner than during Great Recession. Fed tapering of asset purchases not expected to impact … Read More

Scenarios for Gold; Can Oil Sustain 2021 Rally?

View in your browser Gold’s Path Forward; Oil’s Challenges and Bright Spot By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Gold’s Path Runs Through Inflation, Fed Response Gold has been trading in a wide range from $1,700 to $1,950 the past year. Fed’s current view is that high inflation of the past … Read More