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Recession Triggers and How to Spot Them
Friday, February 24, 2023 - 12:08pm | 110More than interest rates or inflation, jobs have a direct impact on the health of the economy in relation to consumer spending. Scan the above QR code for more expert analysis of market events and trends driving opportunities today!
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Palm Oil Monthly Update – February 2023
Friday, February 24, 2023 - 8:21am | 761CME Group USD Malaysian Crude Palm Oil Futures Volume and Open Interest In January 2023, CME Group crude palm oil volume totaled 27,069 lots (676,725 metric tons) and the end-of-month open interest was 48,017 lots (1,200,425 metric tons). Volume in the first three contract months were 8,609, which...
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Are Euro ESTR and SOFR Traders' Expectations Realistic?
Thursday, February 16, 2023 - 2:32pm | 455AT A GLANCE In the United States, SOFR futures are pricing roughly 200 basis points of rate cuts in late 2023 and 2024 Eurozone core inflation is at 5.2% and the ECB just raised its lending rate to 3%. That’s a 2.2% real rate of interest There are lots of differences between Europe and...
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Post-Pandemic Challenges to Traditional Economic Thinking
Thursday, February 16, 2023 - 2:19pm | 4561Inflation has receded from its peak much sooner and more rapidly than many had expected, even if it has been and may continue to be bumpy ride. The Federal Reserve (Fed) has raised rates aggressively and yet unemployment has declined to historically low levels. The picture is complex, and...
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Investors Expect Fed, ECB Rate Cuts, but in Varying Degrees
Thursday, February 16, 2023 - 2:07pm | 1607For the moment, Euro Short-Term Rate (€STR) futures are looking a great deal like the Secured Overnight Financing Rate (SOFR) and Fed Funds Rate. What all three futures markets have in common is that after a period of dramatic tightening by the European Central Bank (ECB) and ...
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Q1 2023 Options Update
Thursday, February 16, 2023 - 2:01pm | 930A record year for options Over 1B contracts traded in 2022, making it a record year in options trading. This volume creates greater liquidity, tighter spreads, and more flexibility when trading options. Asset class highlights: Equity Index options outperformed in 2022, with record ADV for Equity...
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Are Fed, ECB Rate Cuts Coming Later this Year?
Thursday, February 16, 2023 - 1:55pm | 124There are expectations for the Federal Reserve and European Central Bank to begin cutting rates after one or two more hikes. Scan the above QR code for more expert analysis of market events and trends driving opportunities today! This post contains sponsored advertising content. This content is...
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Five FX Market Themes to Watch in 2023
Thursday, February 9, 2023 - 2:04pm | 1112AT A GLANCE Central bank activity, ESG practices and emerging markets are among the macro themes that could impact the FX market this year Inflation and the Fed’s response will continue to remain in focus in 2023 As we move further into 2023, yet continue to reflect on 2022, it is clear...
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Oats: From the Original Energy Contract to Trendy Dairy Alternative
Thursday, February 9, 2023 - 1:59pm | 1328AT A GLANCE Recent consumer popularity has raised the oats profile in the United States, which is the world’s largest importer of the crop Oats futures have been in place since 1877, and briefly matched corn prices during a 2021 rally Oats are a crop whose history in North America is...
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Q1 2023 Agricultural Update
Thursday, February 9, 2023 - 1:52pm | 760Now live: New Crop Weekly options Introducing more ways to manage short-term exposure. The new product is an extension of Short-Dated New Crop options, with listing cycles occurring every Friday in February through August. How you can benefit: Shorter time frame and historically low volatility...
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How Much Credit Does Fed Get for Tamping Down Inflation?
Thursday, February 9, 2023 - 1:45pm | 140What role did the Fed's jumbo rate hikes play in cooling inflation, and did easing of the supply chain issues plus the fiscal stimulus also play a role? Scan the above QR code for more expert analysis of market events and trends driving opportunities today! Image sourced from Shutterstock...
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What's Next For MicroStrategy's Bitcoin Holdings, According To CEO Michael Saylor?
Tuesday, February 7, 2023 - 3:36pm | 449Enterprise-software company MicroStrategy Inc (NASDAQ: MSTR), the largest publicly traded Bitcoin (CRYPTO: BTC) holder, might consider participating in futures contracts on CME Group's marketplace to generate yield, according to Michael Saylor, MicroStrategy's co-...
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U.S. Crude Oil Exports to EU Support WTI as Global Benchmark
Thursday, February 2, 2023 - 1:43pm | 1310AT A GLANCE Beginning in June, U.S. grade WTI Midland will become one of the deliverable crude oils used as one of the streams in the Dated Brent pricing mechanism Russian crude oil exports to the EU fell to 1.4 million barrels per day in November 2022, while U.S. crude exports to the region...
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Gold's Continued Rally Hinges on Fed Policy, U.S. Dollar
Thursday, February 2, 2023 - 1:35pm | 1156The price of gold has risen by over $300 per ounce since hitting its recent low in November 2022. Even so, gold prices are only back to where they were last April. More broadly, gold prices have been range-bound since the summer of 2020. For the past two and a half years, gold has been unable...
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Palm Oil Monthly Update – January 2023
Thursday, February 2, 2023 - 1:21pm | 778CME Group USD Malaysian Crude Palm Oil Futures Volume and Open Interest In December 2022, CME Group crude palm oil volume totaled 15,802 lots (395,050 metric tons) and the end-of-month open interest was 45,733 lots (1,143,325 metric tons). Volume in the first three contract months were 7,252, which...