EXCHANGE CORNER

Uncertainty amid Economic Twists and Turns; Yuan Faces Headwinds By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Economic Twists and Turns as Changes Abound Rebuilding of economy could take time, accompanied by investor uncertainty. Record number of job openings, high level of workers quitting jobs. Shift in consumer demand overwhelms already stretched … Read More

Commodities Face Cross-Currents and Energy Crunch to Hit Ag Sector By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Commodities Face Various Market Factors Oil prices top $80 per barrel as demand for power generation steps up. Gold caught between high inflation and impending end to Fed asset purchases, possible rate hikes. Copper … Read More

Seven Potential Consequences of Surging Natural Gas Prices By Erik Norland, Senior Economist CME Group Eurasia Manufacturing Costs Could Rise by 50% Consumers could have to pay up for manufactured goods. High natural gas prices could elevate inflation rates in Europe, Asia. Oil market rallies, tops $80, even as travel demand remains soft. European fertilizer … Read More

Factors that Move GBP/USD Exchange Rate By Erik Norland, Senior Economist CME Group How Monetary Policy Shapes GBP/USD GBP/USD tends to correlate positively to U.S. dollar-euro exchange rate. Brexit-related politics played a big role in influencing GBP/USD in past years. GBP has lagged gains in USD and EUR possibly due to underperformance of U.K. economy. … Read More

View in your browser Fiscal, Monetary Policy Impacts; Expectations for Interest Rates By Blu Putnam, Chief Economist Erik Norland, Senior Economist CME Group Will Ending QE Impact Stocks and Bonds? Fiscal policy initiatives helped cushion pandemic’s disruption of economy. Direct payments helped consumer spending recover sooner than during Great Recession. Fed tapering of asset purchases … Read More