CME Group

AT-A-GLANCE China’s zero COVID policy and slowing economic growth could affect its demand for iron ore Iron ore prices have been volatile since hitting a record in May 2021 Iron ore prices have remained volatile since hitting a record high in May 2021. With uncertainties persisting on...

AT A GLANCE When equities fall, expected interest rates decline but that hasn’t happened amid persistent inflation For two years gold prices have been moving sideways, but any halt to Fed rate hikes might provide impetus for a renewed rally in the precious metal Two financial trends have...

Is France at an increased risk of a financial crisis?  It’s a question that few observers are asking, but there are three reasons for potential concern: French debt levels have spiralled higher over the past decade, even when much of Europe has deleveraged. The European Central Bank (...

AVAILABLE FOR COMMODITY INDEX FUTURES AND CLEARED SWAPS Bloomberg Commodity Index Futures & Cleared OTC Swaps Bloomberg Roll Select Commodity Index Futures S&P GSCI Commodity Index Futures S&P GSCI Excess Return Index Futures & Swaps Many investors benchmarked to commodity indices...

USD Malaysian Crude Palm Oil futures volume and open interest In May 2022, CME Crude Palm Oil volume totaled 14,216 lots (355,400 metric tons) and the end-of-month open interest was 45,895 lots (1,147,375 metric tons). Volume in the first three contract months were 5,962, which was about 42% of the...

AT-A-GLANCE Production forecasts imply that North America may have another 2 to 2.5 million barrels per day to offer the global refining market over the next 24 months WTI crude is poised to gain share in the global crude slate In early June, the Energy Information Administration (EIA) released...

AT-A-GLANCE An active futures market provides improved price transparency for the voluntary carbon offset market Offset certificates delivered through CME Group global emissions offsets contracts included some generated by the Kasigau Corridor Project in Kenya The Rukinga Wildlife...

AT-A-GLANCE A return to pre-pandemic patterns is happening slowly with goods inflation still outpacing service inflation Whether or not the unemployment rate remains below 4% is a key metric to watch The pandemic disrupted the typical economic patterns, so interpreting data at this stage is...

AT-A-GLANCE Commodities have outperformed equities as inflation rises Crude oil leads the price rally in commodities, rising 48% so far this year Commodities are rallying despite a strengthening dollar Expected slowdown in global growth clouds demand scenario for 2023 Commodities have rallied...

Tracking month-on-month inflation data could help to better understand the rise in consumer prices. Watch the full discussion on the CME website here Scan the above QR code for more expert analysis of market events and trends driving opportunities today!  This post contains sponsored...

AT A GLANCE Tighter monetary policy will likely drive choppiness in Euro repo markets The Sterling repo market may provide eurozone participants with insight into what they can expect once ECB rates increase As inflation readings around the world come in well above targets, many central banks...

On June 1, 2022, the Federal Reserve (Fed) began a program of quantitative tightening (QT), reducing its balance sheet by $45 billion per month over the summer. It plans to accelerate the winding down to $90 billion per month starting September 1. The Fed’s plans could always change, but with...

AT-A-GLANCE Copper options traders see somewhat more elevated risk for the metal than they did pre-pandemic Copper options have a mildly negative skew with OTM puts costing more than OTM calls as of early June More negatively skewed copper options have sometimes implied better-than-average price...

A LONG-TERM PERSPECTIVE ON DR. COPPER Copper is one of the most important base metals because of its wide usage in many sectors of the economy. The demand for copper has been a reliable leading indicator of global economic health. The year-over-year (YoY) change in copper price correlates well with...

The Fed used to come to the aid of equities when they fell below a certain threshold. High inflation could make that a thing of the past. Watch the full discussion on the CME website here Scan the above QR code for more expert analysis of market events and trends driving opportunities today! This...