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CME Updates

December 27, 2018

4 min read

What to Watch in Energy Markets in 2019

The only certainty about global energy is that the markets will continue to surprise in 2019. The energy business has always been notorious for its ups and downs. This is even more true today when the energy landscape is evolving rapidly. The old order is changing fast as new trade routes emerge, driven by the resurgence of US energy production. That said, there are a few key trends that emerged in 2018 that are likely to set the tone for the year ahead. U.S. Oil Independence The United States was a net exporter of oil and refined products for one week in late November for the first time in 75 years. The shale revolution has seen domestic U.S. crude oil production surge to around 11.7 million barrels per day. Plentiful supplies of crude oil are also making U.S. refiners more competitive, encouraging them to boost output of refined products like...

Market Update: What’s Driving the Market?

Jack Bouroudjian discusses the factors behind today’s volatility hitting stock markets, and why we should watch the Fed and the yield curve before the end of the year. The post Market Update: What’s Driving the Market? appeared first on OpenMarkets. Source: CME Open Markets - Market Update: What’s Driving the Market?

What Makes A Bear Market?

The most commonly held definition of a “bear market” in stocks is a 20 percent price decline from peak to trough. Although there are several different index’s one could use to measure, most often people are referring to the Dow Jones industrial average or the S&P 500 index. Traders tend to look at the S&P 500 because it’s far more broad then the Dow 30 and less volatile than the technology heavy Nasdaq 100. Since 1999 there have been three bear markets in the S&P 500. All bear markets are definitely not created equal. The “tech wreck” of 2000 and the real estate implosion of 2007 were vastly larger than the minor 2011 bear caused by the European crises. The main reason that bears differ is that the bull markets that precede them are often unique. Story, Sentiment and Market Position Prices of any asset are determined by three things:...

Market Update: Getting Ready for 2019

The equity market slide continued in a big way, including the worst week for the Nasdaq in about a decade. Jack Bouroudjian unpacks it all and looks at what traders should watch to begin 2019. The post Market Update: Getting Ready for 2019 appeared first on OpenMarkets. Source: CME Open Markets - Market Update: Getting Ready for 2019

Why Currencies Were Less Oil-Linked in 2018

OPEC’s decision to cut oil production beginning in January 2019 might have been expected to boost oil-linked currencies, but other factors are taking their toll. The currencies most closely associated with crude oil prices are the Canadian dollar (CAD) and the Russian ruble (RUB), although the former is also heavily influenced by U.S. interest rates. Canadian Dollar Correlation between the CAD and oil has risen in recent months and the loonie has been boosted by a cut in production in Alberta that saw Western Canada Select crude surge more than 70 percent, narrowing its discount to the U.S. benchmark, WTI. However, Vincent Cignarella, currency strategist at Bloomberg notes that trade and fundamentals often have a greater impact on the value of the CAD. A JP Morgan report on the outlook for the CAD in 2019 has USD/CAD remaining elevated at the beginning of the year on weak local oil prices...

Market Update: What Comes After The Rate Hike?

Jack Bouroudjian examines today’s rate hike from the Federal Reserve and how commodity markets and the yield curve responded. The post Market Update: What Comes After The Rate Hike? appeared first on OpenMarkets. Source: CME Open Markets - Market Update: What Comes After The Rate Hike?

Market Update: The Market Awaits FOMC

Ahead of this week’s FOMC meeting, is the market finding its footing? Jack Bouroudjian looks at what traders are expecting from the Fed decision, and how that decision could impact markets in 2019. The post Market Update: The Market Awaits FOMC appeared first on OpenMarkets. Source: CME Open Markets - Market Update: The Market Awaits FOMC

Trade War Costs to Consumers, Companies and Nations

New Report: Trade War Costs to Consumers, Companies and Nations Fallout from the escalating U.S.-China trade war will ripple through consumers, companies and the world’s two largest economies. Any hit to the bottom lines of American companies will be modest, relative to the size of overall corporate profits. Learn More

Market Update: Earnings and Growth

Earnings have shown good results so far, though plenty of reporting remains. Jack Bouroudjian explains why that and Friday’s GDP report could dramatically effect equities markets. The post Market Update: Earnings and Growth appeared first on OpenMarkets. Source: CME Open Markets - Market Update: Earnings and Growth

Market Update: Big Week for Earnings

Several big name stocks report earnings this week, leading up to Friday’s U.S. GDP announcement. That will be the focus for traders, says Jack Bouroudjian. The post Market Update: Big Week for Earnings appeared first on OpenMarkets. Source: CME Open Markets - Market Update: Big Week for Earnings

By NIBARead article

Page 5

NIBA Journal

What to Watch in Energy Markets in 2019

Market Update: What’s Driving the Market?

What Makes A Bear Market?

Market Update: Getting Ready for 2019

Why Currencies Were Less Oil-Linked in 2018

Market Update: What Comes After The Rate Hike?

Market Update: The Market Awaits FOMC

Trade War Costs to Consumers, Companies and Nations

Market Update: Earnings and Growth

Market Update: Big Week for Earnings

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