Coronavirus spreads to markets; low rates to fuel equities? By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Coronavirus: Market Concerns Mount Oil heads lower amid demand concerns as coronavirus spreads Flight-to-quality into Treasuries cuts yields, gold prices head higher Equities slump, could potential containment phase reverse course? Follow the narrative, move … Read More
2020 vision: Our annual economic outlook
Webinar: Three Market Challenges for 2020 Featuring Blu Putnam, Chief Economist and Erik Norland, Senior Economist Join CME Group Economists Blu Putnam and Erik Norland as they share their economic outlook for the rest of 2020 amid major geopolitical events in the coming months. In this webinar, Blu and Erik will discuss: Is the Mideast … Read More
UK eyes rate cut, US inflation likely muted
UK eyes rate cut, US inflation likely muted By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group SONIA: High time to lower rates SONIA futures pricing 61% probability of BoE rate cut on Jan 30 Probability of a BoE rate cut jumps to 80% at its September meeting UK unemployment is low … Read More
Research: Oil risks, equity market drivers 2020
Research: Oil risks, equity market drivers 2020 By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Oil: Is Mideast risk premium too low? Oil prices surged but fell back after two recent Mideast incidents Risk premium much lower than $15-$20 before shale oil revolution Could dwindling capital expenditure lead to decline in … Read More
Global growth hotspots and commodities pin 2020 hopes on China
Global growth hotspots and commodities pin 2020 hopes on China By Erik Norland, Senior Economist, CME Group Are major economies heading for a cool off? Flatness of yield curves signal slowing growth in US, Europe, Japan Steep yield curves for China, India, and Brazil point to growth Countries projected to grow have been easing monetary … Read More