TOPIC

/ company

CME Group

The latest news, analysis and opinion on CME Group. In-depth analysis, industry insights and expert opinion.

Chairman / President

Terry Duffy

CEO / Managing Director

Terry Duffy

CFO / Finance Director

John Pietrowicz

Industry

Banking, Financial Services, Fund & Asset Management

Website

cmegroup.com

Headquarters address

20 South Wacker Drive, Chicago, IL 60606, USA

Stock Code

NASDAQ:CME

Year founded

1898

Token2049, the world’s largest crypto event, kicks off in Singapore on Wednesday. Photo: Zhou Xin

Blockchain

Singapore hosts world’s biggest crypto event as global adoption soars

Crypto enthusiasts from around the globe descend on the city state, preaching a future where blockchain-based technology dominates.

1 Oct 2025 - 8:50PM

Hong Kong stock market

Hong Kong stocks rebound amid policy easing hopes as China data sparks doubts

18 Mar 2024 - 4:44PM

Hong Kong stock market

Hong Kong stocks slip as China holds key policy rate, US rate cut bets dashed

15 Mar 2024 - 5:15PM

Hong Kong stock market

Hong Kong stocks snap 2-day drop on China data as traders eye Fed easing in May

Stocks recovered from a 9.2 per cent sell-off in January as traders raised bets for a US rate cut to early May. Alibaba Group, JD.com and Tencent led the rebound.

1 Feb 2024 - 4:45PMvideocam

A person walks in front of an electronic stock board showing major stock indices in Tokyo on January 22, 2024. Photo: AP

Hong Kong Monetary Authority (HKMA)

Hong Kong banks hold rates steady as Fed keeps options open on cuts

The banks’ decisions followed the Hong Kong Monetary Authority (HKMA), which left the city’s base rate at 5.75 per cent hours after the Fed kept its target range unchanged in its first policy move of the year.

1 Feb 2024 - 6:02PM

Hong Kong stock market

Hong Kong stocks gain on China support measures, Evergrande shocker curbs rally

Stocks advanced, adding to a rebound last week on bets China will deliver more supporting measures. China Evergrande slumped after losing a winding-up litigation in Hong Kong.

29 Jan 2024 - 5:07PMvideocam

United States

US Fed rate cuts become question of when, not if

Analysts and traders are divided over whether the Fed will cut rates in March, or whether a move later in the year would make more sense.

28 Jan 2024 - 3:45PM

The US Federal Reserve Building in Washington, DC. Photo: AFP

Cryptocurrency

US regulator SEC authorises spot bitcoin ETFs in cryptocurrency breakthrough

US regulators for the first time approved ETFs that invest directly in bitcoin, a move heralded as a landmark event for the roughly US$1.7 trillion digital-asset sector.

14 Jan 2024 - 10:44AM

Hong Kong stock market

Citigroup, HSBC trim Hang Seng Index targets on earnings, China policy doubts

The new year is barely two weeks old and some strategists are unsure if the city’s stock market will convincingly end a four-year losing streak.

10 Jan 2024 - 7:00AMvideocam

Hong Kong stock market

Hong Kong stocks slide, tech index hits 13-month low on weak China outlook

Local stocks are offering no juice for bullish investors, with the Hang Seng Index and Tech Index sliding to 13-month lows. China’s economy slowed further last month, official reports this week may show.

8 Jan 2024 - 5:05PMvideocam

A woman walks past a screen displaying the Hang Seng Index in Central, Hong Kong in March 2023. Photo: Reuters

Banking & finance

HSBC leads Hong Kong’s banks in keeping prime rate unchanged

HSBC, Hang Seng Bank and Bank of China (Hong Kong) kept their prime rates steady at 5.875 per cent, after the HKMA kept the key interest rate unchanged in lockstep with the Federal Reserve.

14 Dec 2023 - 5:04PMvideocam

Pedestrians on a footbridge in Hong Kong on Monday, April 24, 2023. Photo: Bloomberg

Hong Kong stock market

Hong Kong stocks approach 14-month low on China deflation woes, Li Ning slump

Stocks lost further traction after a government report showed China’s consumer prices fell last month by the most in three years. That makes Chinese stocks a value trap, according to BCA Research.

11 Dec 2023 - 4:40PMvideocam

Hong Kong stock market

Hong Kong stocks gain as Xi-Biden meeting, China e-commerce sales aid sentiment

Goldman Sachs downgraded Chinese stocks in offshore markets on Sunday on slower economic growth and earnings valuation, preferring onshore peers that are less sensitive to geopolitical and liquidity risks.

13 Nov 2023 - 4:40PMvideocam

Hong Kong stock market

Alibaba, JD.com, BYD slip in Hong Kong as China manufacturing weakens

Tech stocks weigh on the market as a report shows Chinese manufacturing contracted in October. BYD falls as Warren Buffett sells again. Beijing wants to focus on controlling risks in the system, ignoring calls for a bigger economic stimulus.

1 Nov 2023 - 4:34PMvideocam

A man takes pictures at the piazza outside the Exchange Square in Central, Hong Kong. Photo: Elson LI

Hong Kong stock market

Hong Kong stocks jump amid inflows from mainland Chinese funds, Fed comments

Stocks climb toward the highest level since September 29 as mainland Chinese funds are seen ploughing more cash into H shares, adding to their major haul last quarter.

10 Oct 2023 - 4:47PMvideocam

A screen showing various index figures inside the Hong Kong Connect Hall in May 2023. Photo: Bloomberg

Hong Kong stock market

Hong Kong stocks approach 11-month low on rate concerns while Evergrande slips

The city’s stock market slipped for a second day amid concerns about higher interest rates and a surge in US Treasury yields. The rally in troubled Chinese developer China Evergrande was shortlived.

4 Oct 2023 - 5:20PMvideocam

Banking & finance

Hong Kong pauses rate hike after Fed slams on the monetary brakes

Hong Kong kept the city’s base rate unchanged on Thursday after the US Federal Reserve paused its current cycle of inflation-busting increases to assess the impact of higher funding costs on the world’s economy.

21 Sep 2023 - 4:27PM

Hong Kong stock market

Hong Kong stocks hit 4-week low as Fed decision looms, BlackRock turns sour

Stocks slipped after BlackRock strategists added to the downbeat view on Chinese equities. Risk appetite was weak before key rate decisions from the Federal Reserve and Hong Kong’s monetary authority.

20 Sep 2023 - 4:49PM

Pedestrians walk outside the Exchange Square, the building housing the stock exchange, in Hong Kong in March 2023. Photo: EPA-EFE

Hong Kong stock market

Hong Kong stocks waver before Fed, HKMA actions with property debt in focus

Local stocks struggle for traction before the Fed and HKMA deliver their decisions this week. Chinese developers lift sentiment on debt reprieve from creditors.

19 Sep 2023 - 5:03PM

United States

US Fed likely to pause rate hikes despite higher inflation

The Fed has raised interest rates 11 times over the last 18 months as it tackles inflation still stubbornly above its long-term target of 2 per cent.

17 Sep 2023 - 10:10AM

China stock market

Selling pressure in Chinese stocks ‘has passed its strongest point’, CLSA says

‘The bulk of the selling pressure has passed its strongest point because most people are already underweight,’ says Shaun Cochran, head of research at CLSA. China needs to address ‘absolutely reasonable’ market concerns.

11 Sep 2023 - 4:31PM

China’s exports, infrastructure and property are all reaching “a point of maturity” and the transition to new sources of growth could lead to more volatility, CLSA researcher Shaun Cochran says. Photo: Jonathan Wong

Hong Kong stock market

Stocks falter in Hong Kong on mixed earnings, Fed hawkish tilt

Local stocks snap a three-day rebound as investors choose to focus on the downside risks in overnight report cards from NetEase and Meituan. More foreign funds are turning less bullish on China’s onshore markets.

25 Aug 2023 - 4:47PMvideocam

A screen showing the Hang Seng stock index is seen outside the Exchange Square in Central, Hong Kong on August 18,. Photo: Reuters

Hong Kong stock market

Hong Kong stocks jump on Fed bets, Xpeng soars by record 34 per cent on VW buy

Stocks hit a five-week high as traders stepped up bets the Fed will pause at its rate meeting in September. Xpeng surged by a record 34 per cent as Volkswagen prepares to buy a stake in the Chinese EV maker.

27 Jul 2023 - 5:05PMvideocam

United States

After a pause, US Fed likely to hike interest rates to 22-year high

The Fed’s rate-setting committee is likely to vote for a quarter percentage-point hike, following positive upgrades to economic growth and cooler inflation data.

23 Jul 2023 - 3:58PM

Cryptocurrency

Crypto trading jumps after Ripple’s partial victory over US SEC

Trading volume of Ripple’s XRP token surged 1,700 per cent to US$11.3 billion on July 14 while tokens such as Solana’s SOL and Cardano’s ADA also got a lift.

18 Jul 2023 - 11:18AM

Representations of the Ripple, bitcoin, Etherum and Litecoin virtual currencies seen on a PC motherboard in this illustration picture taken February 13, 2018. Photo: Reuters

Hong Kong stock market

Hong Kong stocks suffer biggest sell-off in 4 months as banks, yuan slide

Banking stocks fall by the most since October as China slowdown stoked rating downgrades, with investors discounting bets on a big stimulus from Beijing. Fed officials are still in favour of further tightening.

6 Jul 2023 - 4:47PMvideocam

An electronic billboard displays Hang Seng Index figures outside the Hong Kong stock exchange in Central on October 28, 2022. Photo: Yik Yeung-man

Bonds

Bank of China pips HSBC in bond deals as Hong Kong IPOs face Sars-era slump

Investment bankers got busier arranging more bond deals in Hong Kong while the IPO market slumped to the lowest level since the severe acute respiratory syndrome or Sars struck the city in 2003.

4 Jul 2023 - 9:33AM

China economy

Macroscope | US dollar-yuan divergence trade could spin out of control without intervention soon

The more the US tightens policy and the more that China eases, the more a green light emerges for increased pressure from the US dollar on the yuan, with the rising spread of US bond yields over China adding momentum. Does China want a weaker currency to boost exports or a stable currency?

20 Jun 2023 - 6:15AM

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CME Group

Singapore hosts world’s biggest crypto event as global adoption soars

Crypto enthusiasts from around the globe descend on the city state, preaching a future where blockchain-based technology dominates.

Hong Kong stocks rebound amid policy easing hopes as China data sparks doubts

Hong Kong stocks slip as China holds key policy rate, US rate cut bets dashed

Hong Kong stocks snap 2-day drop on China data as traders eye Fed easing in May

Stocks recovered from a 9.2 per cent sell-off in January as traders raised bets for a US rate cut to early May. Alibaba Group, JD.com and Tencent led the rebound.

Hong Kong banks hold rates steady as Fed keeps options open on cuts

The banks’ decisions followed the Hong Kong Monetary Authority (HKMA), which left the city’s base rate at 5.75 per cent hours after the Fed kept its target range unchanged in its first policy move of the year.

Hong Kong stocks gain on China support measures, Evergrande shocker curbs rally

Stocks advanced, adding to a rebound last week on bets China will deliver more supporting measures. China Evergrande slumped after losing a winding-up litigation in Hong Kong.

US Fed rate cuts become question of when, not if

Analysts and traders are divided over whether the Fed will cut rates in March, or whether a move later in the year would make more sense.

US regulator SEC authorises spot bitcoin ETFs in cryptocurrency breakthrough

US regulators for the first time approved ETFs that invest directly in bitcoin, a move heralded as a landmark event for the roughly US$1.7 trillion digital-asset sector.

Citigroup, HSBC trim Hang Seng Index targets on earnings, China policy doubts

The new year is barely two weeks old and some strategists are unsure if the city’s stock market will convincingly end a four-year losing streak.

Hong Kong stocks slide, tech index hits 13-month low on weak China outlook

Local stocks are offering no juice for bullish investors, with the Hang Seng Index and Tech Index sliding to 13-month lows. China’s economy slowed further last month, official reports this week may show.

HSBC leads Hong Kong’s banks in keeping prime rate unchanged

HSBC, Hang Seng Bank and Bank of China (Hong Kong) kept their prime rates steady at 5.875 per cent, after the HKMA kept the key interest rate unchanged in lockstep with the Federal Reserve.

Hong Kong stocks approach 14-month low on China deflation woes, Li Ning slump

Stocks lost further traction after a government report showed China’s consumer prices fell last month by the most in three years. That makes Chinese stocks a value trap, according to BCA Research.

Hong Kong stocks gain as Xi-Biden meeting, China e-commerce sales aid sentiment

Goldman Sachs downgraded Chinese stocks in offshore markets on Sunday on slower economic growth and earnings valuation, preferring onshore peers that are less sensitive to geopolitical and liquidity risks.

Alibaba, JD.com, BYD slip in Hong Kong as China manufacturing weakens

Tech stocks weigh on the market as a report shows Chinese manufacturing contracted in October. BYD falls as Warren Buffett sells again. Beijing wants to focus on controlling risks in the system, ignoring calls for a bigger economic stimulus.

Hong Kong stocks jump amid inflows from mainland Chinese funds, Fed comments

Stocks climb toward the highest level since September 29 as mainland Chinese funds are seen ploughing more cash into H shares, adding to their major haul last quarter.

Hong Kong stocks approach 11-month low on rate concerns while Evergrande slips

The city’s stock market slipped for a second day amid concerns about higher interest rates and a surge in US Treasury yields. The rally in troubled Chinese developer China Evergrande was shortlived.

Hong Kong pauses rate hike after Fed slams on the monetary brakes

Hong Kong kept the city’s base rate unchanged on Thursday after the US Federal Reserve paused its current cycle of inflation-busting increases to assess the impact of higher funding costs on the world’s economy.

Hong Kong stocks hit 4-week low as Fed decision looms, BlackRock turns sour

Stocks slipped after BlackRock strategists added to the downbeat view on Chinese equities. Risk appetite was weak before key rate decisions from the Federal Reserve and Hong Kong’s monetary authority.

Hong Kong stocks waver before Fed, HKMA actions with property debt in focus

Local stocks struggle for traction before the Fed and HKMA deliver their decisions this week. Chinese developers lift sentiment on debt reprieve from creditors.

US Fed likely to pause rate hikes despite higher inflation

The Fed has raised interest rates 11 times over the last 18 months as it tackles inflation still stubbornly above its long-term target of 2 per cent.

Selling pressure in Chinese stocks ‘has passed its strongest point’, CLSA says

‘The bulk of the selling pressure has passed its strongest point because most people are already underweight,’ says Shaun Cochran, head of research at CLSA. China needs to address ‘absolutely reasonable’ market concerns.

Stocks falter in Hong Kong on mixed earnings, Fed hawkish tilt

Local stocks snap a three-day rebound as investors choose to focus on the downside risks in overnight report cards from NetEase and Meituan. More foreign funds are turning less bullish on China’s onshore markets.

Hong Kong stocks jump on Fed bets, Xpeng soars by record 34 per cent on VW buy

Stocks hit a five-week high as traders stepped up bets the Fed will pause at its rate meeting in September. Xpeng surged by a record 34 per cent as Volkswagen prepares to buy a stake in the Chinese EV maker.

After a pause, US Fed likely to hike interest rates to 22-year high

The Fed’s rate-setting committee is likely to vote for a quarter percentage-point hike, following positive upgrades to economic growth and cooler inflation data.

Crypto trading jumps after Ripple’s partial victory over US SEC

Trading volume of Ripple’s XRP token surged 1,700 per cent to US$11.3 billion on July 14 while tokens such as Solana’s SOL and Cardano’s ADA also got a lift.

Hong Kong stocks suffer biggest sell-off in 4 months as banks, yuan slide

Banking stocks fall by the most since October as China slowdown stoked rating downgrades, with investors discounting bets on a big stimulus from Beijing. Fed officials are still in favour of further tightening.

Bank of China pips HSBC in bond deals as Hong Kong IPOs face Sars-era slump

Investment bankers got busier arranging more bond deals in Hong Kong while the IPO market slumped to the lowest level since the severe acute respiratory syndrome or Sars struck the city in 2003.

.css-1m2rp1p{color:#34b8b5;}Macroscope | US dollar-yuan divergence trade could spin out of control without intervention soon

The more the US tightens policy and the more that China eases, the more a green light emerges for increased pressure from the US dollar on the yuan, with the rising spread of US bond yields over China adding momentum. Does China want a weaker currency to boost exports or a stable currency?

Macroscope | US dollar-yuan divergence trade could spin out of control without intervention soon