EXCHANGE CORNER

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 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

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

Commodity risks and China’s growth sustainability in 2021 By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group From Inflation to Weather, Challenges for Commodities Gold market to monitor potential for inflation pressure in 2021. Copper prices likely to hinge on Chinese, global economic growth. Oil will track for signs of recovery in … Read More

Treasuries conflicted over economy and debt piles up as China recovers By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Appreciating a Conflicted Treasury Market Market sentiment in Treasuries is conflicted over the economy. Rapid economic recovery or slow, sluggish growth in 2021. Treasuries are currently priced at the mid-point of both … Read More