Industrial metals’ dilemma and beware of the bubble By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Industrial metals: Can demand meet supply challenge? Will supply of industrial metals continue to overwhelm demand in 2020? Demand prospects will hinge primarily on growth in top consumer China Emerging market currencies might take a … Read More
Research: Global yield curves, US consumer debt in focus
Global growth outlook and are US consumers overextended? By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Are US consumers overextended? Delinquencies in credit card debt, car loans have risen in recent years Student loan, mortgage repayments have been relatively stable High US debt levels no threat to continued economic growth Decade-long … Read More
Research: Battle of the yield curves
Battle of the yield curves By Erik Norland, Senior Economist, CME Group Which yield curve foretells growth best? Treasury yield curve has turned mildly positive, private sector curve still inverted Private yield curve has been more accurate of the two over the past 20 years Inverted private yield curve might signal slowing growth late in … Read More
SEK strengthens, despite below forecast Q3 GDP numbers
Has SEK turned a corner? Swedish Krone futures against EUR & USD available at CME Group On November 29, Sweden released their Q3 GDP growth rate figure as 1.60% YoY, below consensus forecast of 1.85%. Despite this, SEK strengthens against EUR, reaching levels last seen in July this year. After soft growth over three quarters, … Read More
Research: Impact of Aramco IPO, AI challenges
Aramco IPO set to reshape oil, AI challenges in analyzing financial data By Blu Putnam, Chief Economist, CME Group Will Aramco IPO diminish Saudi role as swing oil producer? Aramco’s public listing set to transform oil market landscape Saudi role as OPEC swing producer might be nearing an end Shale oil revolution has propelled US … Read More