CME Group

Derivatives traders aggressively bet on XRP's (CRYPTO: XRP) price increase amid the announcement of the coin's futures contracts on CME Group Inc. (NASDAQ:CME) on Thursday. What happened: More than 70.73% of traders on Binance with an open XRP position were positioned long, up from 67.57% a week...

Ripple (CRYPTO: XRP) mopped healthy gains Thursday after leading derivatives trading platform Chicago Mercantile Exchange launched new reference rates and real-time indices for the payments-focused cryptocurrency.  What Happened: The CME Group announced Thursday that starting July 29, it would...

June's inflation report came in lighter than expected, sparking a rally in equity markets, particularly small-cap stocks tracked by the iShares Russell 2000 ETF (NYSE:IWM), which are more interest-rate sensitive than larger corporations. Blu Putnam, the former chief economist at CME Group, shed...

Editor’s note: This story has been updated with additional details. CME Group (NASDAQ:CME), the world’s largest futures exchange, is gearing up to introduce Bitcoin (CRYPTO: BTC) trading, seizing the opportunity presented by the growing appetite for cryptocurrencies among Wall Street...

Editor’s note: this story has been corrected to note that Bluford Putnam is a former, not current, chief economist at CME Group. The Federal Reserve has inflation under control and the U.S. economy is doing just fine, according to a prominent economist. Speaking on Benzinga‘s “...

Derivatives marketplace CME Group on Monday announced its intention to launch Ether (CRYPTO: ETH)/Bitcoin (CRYPTO: BTC) ratio futures on July 31, subject to regulatory approval. The new futures contract is designed to capitalize on the relative value trading opportunities that have...

As we traverse the murky waters of global economic changes, it’s always good to have some experienced navigators on board. One such person is Blu Putnam, chief economist at CME Group. In an interview Tuesday on the "PreMarket Prep Plus" show with Joel Elconin, Putnam...

Two major investment banks on Wall Street stated that they anticipate the Federal Reserve will resume hiking interest rates as soon as July, departing from initial market reactions to the Fed Chair Jerome Powell’s press conference. Following the Fed’s decision to pause at its June...

Dallas Fed President Lorie Logan said Thursday that current data does not support a pause in interest rate hikes yet, leading market expectations for a Fed hike in June to increase again. The implied probability of a fresh rate rise by the Federal Reserve in June is close to 40% now, up...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On April 21, 1982, S&P 500 index futures contracts began trading on the Chicago Mercantile Exchange for the first time. Where The Market Was: The Dow finished the day at 843.42....

Federal Reserve Chair Jerome Powell came off hawkish in testimony to Congress this week, noting the Fed is aware that continued high inflation is causing significant hardships. What Happened: "We have covered a lot of ground, and the full effects of our tightening so far...

AT A GLANCE There are long and variable lags between when monetary policy changes and when those changes show up in economic data The effects of tightening monetary policy sometimes don’t show up until six to 24 months after the end of a tightening cycle Does monetary policy still have...

AT A GLANCE CME Group RepoFunds Rates and the European Central Bank’s €STR are both important overnight interest rates for the eurozone RepoFunds Rates are secured, reflective of the credit quality of their respective countries, and responsive to ECB policy Since mid-2022, the European...

There can be a considerable lag, sometimes up to two years, for the effects of rate hikes to show up in economic data. Scan the above QR code for more expert analysis of market events and trends driving opportunities today! Image sourced from Shutterstock This post contains sponsored advertising...

The mining and refining of copper is extraordinarily energy intensive.  As such, it’s not surprising that so far this century, copper prices have shown a tight connection with the price of crude oil.  The past four months, however, have been an exception.  Since October 7, 2022...