Key Takeaways with Craig
US Equity prices began the day higher but the rally fizzled and stocks turned lower throughout the day, ending sharply lower. Interest Rates markets at CME were relatively quiet, with the Micro Treasury Futures contracts indicating daily moves of less than 2 basis points in all four tenors. WTI Crude Oil futures prices continued higher, as did most CME grains markets.
We thought we’d check in on the current implied volatility (“vol”) levels in CME’s major asset classes versus where they’ve been trading over the last several years using QuikStrike data. The red line in each of the six graphs represents the current vol and the days to expiration is on the horizontal axis. As you can see, even though some of the products have come off of the highest levels, vol remains relatively high in most of these featured products.
CME has begun a new education series called OpenMarkets Exchange of Ideas and we’d like to include latest piece from that series.
When it comes to monetary policy, what have the last two years taught us? Hear from our expert panel as they look back at where we’ve been and discuss what could be next for the economy. Watch our online discussion, now available on demand.
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