Research: Global yield curves, US consumer debt in focus

Global growth outlook and are US consumers overextended? By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Are US consumers overextended? Delinquencies in credit card debt, car loans have risen in recent years Student loan, mortgage repayments have been relatively stable High US debt levels no threat to continued economic growth Decade-long … Read More

Research: Battle of the yield curves

Battle of the yield curves By Erik Norland, Senior Economist, CME Group Which yield curve foretells growth best? Treasury yield curve has turned mildly positive, private sector curve still inverted Private yield curve has been more accurate of the two over the past 20 years Inverted private yield curve might signal slowing growth late in … Read More

SEK strengthens, despite below forecast Q3 GDP numbers

Has SEK turned a corner? Swedish Krone futures against EUR & USD available at CME Group On November 29, Sweden released their Q3 GDP growth rate figure as 1.60% YoY, below consensus forecast of 1.85%. Despite this, SEK strengthens against EUR, reaching levels last seen in July this year. After soft growth over three quarters, … Read More

Research: Impact of Aramco IPO, AI challenges

Aramco IPO set to reshape oil, AI challenges in analyzing financial data By Blu Putnam, Chief Economist, CME Group Will Aramco IPO diminish Saudi role as swing oil producer? Aramco’s public listing set to transform oil market landscape Saudi role as OPEC swing producer might be nearing an end Shale oil revolution has propelled US … Read More

Research: Slumping Oil Output Weighs on Norway’s Krone

Slumping Oil Output Weighs on Norway’s Krone By Erik Norland, Senior Economist, CME Group Highlights Norway’s oil production has shrunk by 50% from peak in 2000 Govt debt is low at 32% of GDP, oil reserve fund assets about 200% of GDP Flattening yield curve signaling slower growth, higher unemployment? Krone has underperformed pound, euro, … Read More