China, Russia, and Brazil are not the only entities betting against the U.S. dollar. The Invesco DB US Dollar Index Bullish Fund peaked last October at 30.36 and has fallen 8.6 percent since then. The opposite bet, the Invesco DB US Dollar Index Bearish Fund is up 11 percent over that same period. The dollar index generally follows interest rate differentials, and the Federal funds effective interest rate is likely to climb over 5 percent as of tomorrow’s Federal Reserve Bank announcement. It was nearly 40 percent lower last October. So if the interest rate is rising, why are speculators expecting a decline in the dollar’s value? The dollar valuation may have eased or reversed as speculators watch the Fed slow the pace of inter...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.