Shifting dollar sentiment and what really drives US-Canada FX?

Shifting dollar sentiment and what really drives US-Canada FX? By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group US-Canada FX Gyrates With Commodities, Pandemic Traditional economic data doesn’t fully explain CAD/USD fluctuations. Both nations have many economic similarities such as low, stable inflation. Canadian dollar has closely tracked commodity prices for two … Read More

Ags, energy, and stock prices could see stormy weather ahead

Ags, energy, and stock prices could see stormy weather ahead By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Stormy Weather for Ag, Energy Markets? Agriculture, energy markets could see more weather events through 2020, 2021. La Niña could generate more hurricanes than usual, potentially striking US. Excessive rain, snow possible if warmer … Read More

Euro-dollar dynamics and the inflation debate

Euro-dollar dynamics and the inflation debate By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Gold, Dollar Signaling Inflation Risk? Gold, dollar signaling market expectations for higher inflation? Rising yields are consistent with concerns over inflation risk. Fed’s pause in asset purchases could be behind rising long-term yield. Inflation has held at … Read More

Economic Research: Tracking the Economy in Real Time

View in your browser Tracking the Economy in Real Time By Blu Putnam, Chief Economist, CME Group Highlights Restaurant data suggests people are cautious about eating out. A big shift to working from home is likely for many office employees. Such a move could cause headwinds for downtown businesses. Any recovery in business air travel … Read More

Fed Snaps Up Nearly Half of $3.4 Trillion H1 Debt Sales

Fed Snaps Up Nearly Half of $3.4 Trillion H1 Debt Sales By Blu Putnam, Chief Economist, CME Group Highlights Fed bought 46% of US Treasury’s $3.4 trillion in H1 debt sales. Fusion of monetary, fiscal policies lowered Treasury market volatility. Treasury yield curve is now a combination of demand and Fed policy. Is yield curve … Read More