Author: esanchez

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

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

Slumping Oil Output Weighs on Norway’s Krone By Erik Norland, Senior Economist, CME Group Highlights Norway’s oil production has shrunk by 50% from peak in 2000 Govt debt is low at 32% of GDP, oil reserve fund assets about 200% of GDP Flattening yield curve signaling slower growth, higher unemployment? Krone has underperformed pound, euro, … Read More

View in your browser Will negative rates in Europe, Japan influence Fed’s monetary policy? By Blu Putnam, Chief Economist and Erik Norland, Senior Economist, CME Group Not the Gift That Keeps on Giving Negative rates in Europe, Japan have not spurred growth as intended They also failed to boost inflation to levels targeted by central … Read More

Recalculating inflation and possible scenarios for equities, rates and gold By Blu Putnam, Chief Economist, CME Group Are We Underestimating Real GDP Growth? Is labor productivity growth actually as slow as suggested by data? Tech advances making it more difficult to measure inflation rate Goods provide more value, services are delivered at lower costs If … Read More