What’s Driving Demand in Gasoline, Financial Markets?

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Gasoline Demand Not Accelerating, Plus Financial Trends to Watch

By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group

Gasoline Demand Stagnant Despite Record Driving

Video Highlights:

  • Americans drive more miles amid low gasoline prices
  • Gasoline demand is stagnant due to more fuel-efficient vehicles
  • Growth in China’s consumption of petrol has declined

Financial Trends to Watch in Second Half of 2017

Video Highlights:

  • U.S. dollar losing luster as safe-haven currency
  • Euro gaining in value despite multiple Fed rate hikes
  • Tame inflation could influence when Fed stops hiking rates