Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

37357

CME Group reports 32 per cent ADV growth in October

RELATED TOPICS​

CME Group has reported its October 2021 market statistics, showing average daily volume (ADV) increased 32 per cent to 20.4 million contracts during the month. 

Erik Norland, Senior Economist, CME Group, says: “Amid continued supply chain disruptions, rising inflation and continued labour shortages, the past month we have seen a sharp change in investor expectations regarding future rate hikes in both the UK and the US.  

In the UK investors now anticipate a BoE rate hike as soon as 4 November. Meanwhile, in the US, market participants trading Fed Funds Futures anticipate that the Fed could hike rates one or two times in the next twelve months according to CME’s FedWatch tool. 

“Previously, investors did not anticipate any Fed rate hikes until 12-24 months in the future. By contrast, few expect that the ECB will hike rates soon, although there is an expectation that they will gradually bring their policy rate back towards zero over the next several years. While short-term expectations for the ECB have not changed a great deal, longer-term Eurozone bond yields followed Gilt and Treasury yields higher while still remaining significantly lower than their peers.”

Latest News

MainStreet Partners has released its latest quarterly GSS Bonds report “Summer Edition”. This edition of..
Pension and insurance firms have backed a public-private blended finance model to help navigate investment..
MSCI has announced the launch of MSCI Private Capital Indexes, writing that with growing investor..

Related Articles

Rod Ringrow, Invesco
Geopolitical tension has surpassed inflation as the primary concern of sovereign investors and is prompting greater interest in allocating to emerging markets, according to the twelfth annual Invesco Global Sovereign Asset Management Study...
Geopolitical tension has surpassed inflation as the primary concern of sovereign investors and is prompting greater interest in allocating to..
Green energy
2024 has been the strongest ever year for green bond sales, with deals topping USD356 billion in the first six months, according to research from Bloomberg...
2024 has been the strongest ever year for green bond sales, with deals topping USD356 billion in the first six..
infrastructure headline
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the UK’s growth ambitions...
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the..
Tom McPhail, lang cat
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a widely predicted Labour win...
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by