ANNOUNCEMENTS

Metals’ tug of war and changing expectations for dividends By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Metals: Caught in a Supply-Demand Tug of War Prices of most industrial metals have withstood shrinking growth. Spread of the coronavirus led to mine closures, reduced demand. Construction sector, China key to demand picking … Read More

Chile’s road to recovery and equities’ tumultuous six months By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Chile: On The Road to Recovery in 2021? Chile has cut short-term rates to 0.5%, lowest since 2008 crisis. Rate cuts follow plunge in car sales, weak economic activity. Chile’s debt totals 190% of … Read More

Jobless Claims and the State of the US Labor Market By Erik Norland, Senior Economist, CME Group Highlights The May report went against expectations, showing a net gain in hiring. The continuous claims data better reflected May non-farm payrolls. Data shows labor market remains unsettled and fluid. Will Congress extend expanded unemployment benefits beyond July? … Read More

Supply chain diversification and Colombia’s low-debt path to growth By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Global Diversification of Supply Chains Globalization faces headwinds from pandemic, trade war. Global diversification of supply chains is taking hold. Will restructuring of supply chains lead to higher costs? Supply chains will evolve dynamically, … Read More

Risks remain even as oil rebounds and will low debt lift Columbia? By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Risks Remain Even As Oil Rebounds from Lows US shale producers slowed drilling of new wells as prices fell. Supply-demand may not be as well balanced as market indicates. Will Saudi-Russia … Read More