Bracing for La Niña and perception of risk dissipates in equities

Bracing for La Niña and perception of risk dissipates in equities By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Bracing for the Onset of La Niña La Niña could impact crop weather in US, Brazil, and Canada. Greater risk of flooding in Australia, likely more typhoons in China. La Niña tends … Read More

Spotlight on labor’s finances and muted inflation

Spotlight on labor’s finances and muted inflation By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Inflation Conundrum US inflation rate has hovered at around 2% since 1994. Massive quantitative easing since 2008 has failed to stoke inflation. Traditional premium in Treasuries over inflation rate has evaporated. Could quantitative easing during pandemic … Read More

2021 prospects for oil and commodity currencies

2021 prospects for oil and commodity currencies By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Oil Prospects 2021 US air traffic remains sluggish at 60% of pre-pandemic level due to virus. Air travel in Europe constrained by second wave of COVID-19 outbreaks. Will prospect of a vaccine help business travel bounce … Read More

Fed might step up its asset purchases and La Niña looms over Ag markets

Fed might step up its asset purchases and La Niña looms over Ag markets By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Will Fed Step Up Asset Purchases in 2021? Fed narrowed asset purchases from July through September. Fed’s balance sheet held steady in Q3 after massive expansion. Asset purchases might … Read More

Revisit how CME markets responded to the 2016 US elections

Managing event risk around the 2020 US election To help you navigate uncertainty, we take a look at how markets moved in 2016.* Elections and referendums with distinctly divergent market scenarios depending on the outcome of the vote can create significant event risk. That type of event risk is characterized by a binary choice: “A” … Read More