Archive for May 2018
Should U.S. Farmers Fret Over Falling Ag Currencies?
On a day-to-day basis, the prices of major cash crops such as corn, soy and wheat show almost no correlation to day-to-day movements in the values of currencies of agriculture-producing…
Read MoreOur Model Forecasts May Non-Farm Payroll, and June’s Too
Figure 1: Credit Spreads, Yield Curve, Oil Prices and Previous Forecast Error Explain 70% of NFP Changes. Credit Spreads Of the various factors, credit spreads are by far the most…
Read MoreEuro-Dollar Caught in a Fiscal-Monetary Tug-of-War
Figure 1: EURUSD Implied Volatility is Nearer Historic Lows Than Historic Highs. Macroeconomic Indicators Despite unemployment falling from 10% to 3.9% over the course of the past eight and a…
Read MoreThe Federal Reserve, Inflation and the Flattening Yield Curve
About the Presenter Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial…
Read MoreOil: Futures to Remain in Backwardation Amid Mideast Tension
About the Presenter Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial…
Read MoreU.S. Pullout of Iran Nuclear Deal: What Next for Oil, Business?
Q1 What does the U.S. withdrawal from the Iran nuclear deal mean for the supply of oil to world markets in the short run? Probably not much initially. Some analysts…
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