Research: Minimizing Portfolio Risk with Commodity Currencies

View in your browser Hedging Portfolio with Commodity Currencies By Erik Norland, Senior Economist, CME Group Highlights: Commodity currencies are positively correlated to commodities The correlation offers opportunities to minimize portfolio risk Commodity currencies often have positive ‘carry’ versus U.S. dollar Commodities usually have negative carry due to storage, other costs  Read Full Article Forward … Read More

August Rates Recap: Classic Bond Futures Soar the Gap

Brought to you by CME Group Check out the August Rates Recap to learn about thriving Classic T-bond futures, futures and options on the broad Treasuries repo rate, Ultra 10’s recent liquidity enhancements and more. http://www.cmegroup.com/education/rates-recap.html

What’s Driving Demand in Gasoline, Financial Markets?

View in your browser Gasoline Demand Not Accelerating, Plus Financial Trends to Watch By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Gasoline Demand Stagnant Despite Record Driving Video Highlights: Americans drive more miles amid low gasoline prices Gasoline demand is stagnant due to more fuel-efficient vehicles Growth in China’s consumption of … Read More

E-mini Russell 2000 futures trading highlights

E-mini Russell 2000® Index futures and options launched at CME on July 10; already, volume, open interest, depth of book and tight bid/ask spreads signal a deepening liquidity pool. On average, futures top-of-book liquidity was 1.5 ticks wide, 11.9 contracts up On July 25, more than 10,000 contracts ($790M notional) E-mini Russell 2000 Index futures … Read More

Research: Saudi Arabia’s finances in the wake of lower oil prices

View in your browser Oil: Economic Landscape of Saudi Arabia By Erik Norland, Senior Economist, CME Group Highlights:  Saudi Arabia’s currency reserves drained by decline in oil prices Listing of state oil company Aramco could bolster Saudi finances Proceeds to be used to diversify Saudi economy from oil A 5% stake in Aramco could be … Read More