ANNOUNCEMENTS

What’s driving gold prices, Ag options’ upside skew By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Gold: Driven by Rates Gold has been marching higher since Fed’s pause in rate hikes A rate cut could add to gold’s momentum, but can it hit $1,600? Worsening of trade tensions could be supportive … Read More

Dollar reign over as Fed eyes rate cut? By Erik Norland, Senior Economist, CME Group Will a rate cut boost equities, defer any recession? Are Fed rate cuts during an economic expansion unprecedented? Fed cut rates in 1987 and 1998 when the economy was still growing The rate cuts came amid concern over distress in … Read More

New prime minister set to face same Brexit challenges, pound uncertainty By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Brexit: Pound set for volatile fall after calm summer? Options signal volatile fourth quarter for pound post-Brexit deadline Could GBP fall 15% to below 1985 low of 1.05 vs USD if Brexit … Read More

Longest US Economic Expansion; If Dollar Weakens, Who Benefits? By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group If US Dollar Weakens, Who Benefits? Is US dollar’s eight-year uptrend about to come to an end? Growing trade and budget deficits, possible Fed rate cut could derail USD Could British pound, undervalued due … Read More

Call It Tariffs, but It’s Really a Tax By Blu Putnam, Chief Economist, CME Group Highlights Tariffs are a tax on trade that can disrupt global growth US economic expansion likely to decelerate in H2 2019 Fed rate cuts unlikely to boost growth as rates are not the problem Negative interest rates could restrict bank lending … Read More