EXCHANGE CORNER

View in your browser Gold’s Next Move; Fed’s Balancing Act By Erik Norland, Senior Economist CME Group Gold’s Path Linked to Fed’s Next Move Investor expectations shift from more Fed rate hikes to possible rate cuts this summer Forging ahead with more rate hikes could impact already troubled banking sector Gold has two possible paths ahead … Read More

View in your browser Rising Rent Could Prolong Inflation Fight; Equities Face Fed Hurdle By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Rising Rent Could Make Inflation Sticky Rent rose 7.5% in December year on year from 7.1% in November Headline inflation has retreated from a high of 9.1% to 6.5% Rent … Read More

View in your browser Impact of Ending Japan’s Yield-Curve Control; Fed’s Zero Rates By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Implications of BOJ Ending Yield-Curve Control Japanese yen has rebounded to the highest level against the dollar in three months Rising inflation could sway Bank of Japan into ending its control … Read More

View in your browser Could Gold Outperform Copper in 2023? By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group A Historical Look at the Gold-Copper Price Relationship Gold and copper generally move in the same direction There have been periods of divergence caused by macroeconomic factors One unit of gold has bought as … Read More

View in your browser Equities-Gold Trends Amid Inflation; High Natural Gas Costs By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Equities-Gold Trends  Equities are up 221-fold over the past century in U.S. dollar terms Over the same period, the U.S. dollar has slumped by 99% relative to gold Gold and equities have … Read More