Wheat: Will High Inventory Further Dent Prices?

Wheat: Will High Inventory Further Dent Prices? By Erik Norland, Senior Economist, CME Group Highlights CBOT wheat has tumbled more than 50% over the past five years Stocks-to-use ratio has a strong, inverse correlation to prices But stocks-to-use ratio does not influence future price trends Price volatility tends to be relatively low when inventory is high … Read More

What to Expect from a Prime Minister Corbyn

UK: What to Expect from a Prime Minister Corbyn By Erik Norland, Senior Economist, CME Group Highlights Theresa May’s tenure as UK Prime Minister on shaky ground Pound could weaken further versus U.S. dollar if Brexit talks stall If Brexit is abandoned, pound could rise against dollar, euro Higher taxes under a Labour government could weaken … Read More

Bitcoin Futures are Coming to CME

CME Group will launch Bitcoin futures, based on the CME CF Bitcoin Reference Rate (BRR), in Q4 2017, building off of the success of the BRR and demand for a regulated trading venue for the digital asset market. Subscribe to stay up-to-date on Bitcoin futures contract specifications and launch information. Keep Me Informed

Research: The Evolving Economics of Bitcoin, Gold and Fiat Currencies

The Evolving Economics of Bitcoin, Gold and Fiat Currencies By Erik Norland, Senior Economist & Blu Putnam, Chief Economist, CME Group Highlights Value of a bitcoin has soared more than 6 million percent in seven years Bitcoin is considered a good store of value as supply is limited Regulators are working to bring cryptocurrencies into the … Read More

Research: Oil Markets in Supply-Demand Tug of War

Oil Markets in Supply-Demand Tug of War By Blu Putnam, Chief Economist, CME Group Highlights Oil has been trading in a wide $42-$55 range for more than a year Despite the low volatility, WTI open interest has been hitting record highs Supply disruptions, global growth could nudge prices toward $60 a barrel The advent of … Read More