CME Group Benefits From Market Volatility

Over the past couple of weeks, global markets have experienced significant price volatility due to fears of recession. Things got serious when the nonfarm payroll data for July was released, achieving a significantly lower figure than the one expected. At the same time, the unemployment rate turned out hotter than expected, triggering the Sahm Rule, which is an early indicator of a possible recession. With all of that, the expectations for a 50 basis point rate cut in September soared, making the Japanese y ...