Owain Johnson


Bio

is Global Head of Research at CME Group. He is based in London.

Why The Fed Is Reducing Repo Operations

The U.S. Federal Reserve plans to gradually reduce its “repo operations” over the next few months in response to calmer…

How Coronavirus Is Affecting Repo Markets

The impact of the coronavirus outbreak on Chinese demand for raw materials has already made itself felt in the commodity…

UK Repo Prepares for Lower Rates from Bank of England

The U.K. repo market is increasingly expecting a cut in interest rates, after the U.K. posted weak economic data for…

How 20-Year Bonds Will Fit in Interest Rate Markets

News that the U.S. Department of the Treasury is planning to issue 20-year bonds in the next few months has…

European Repo at A Crossroads in 2020

The European repo markets navigated the traditionally challenging end-of-year funding cycle in an atmosphere of relative calm.  But repo market…

LNG Unites Global Natural Gas Demand

Gas markets have traditionally been fragmented into separate regions or countries because of the need for pipelines to connect producers…

The Fed Switches on The Cash Taps

Cash has drained from the financial system in recent days as corporations have withdrawn deposits from banks or money-market funds…

The Gold-Oil Relationship Has Changed, For Now

The traditionally tight relationship between gold and oil prices is disconnecting once more as the gold price soars, while crude…

The U.S. Is Setting The Price for Natural Gas around The World

The global natural gas derivative markets continue to grow as the world turns to gas to bridge the transition to…

U.S. Oil on The Auction Block

The U.S. shale revolution has turned the global energy markets upside down.  The U.S. has become one of the largest…

Trade War: U.S. Oil Misses Chinese Demand

The latest monthly report on Chinese trade data contained yet another reminder of the serious impact that the U.S.-China trade…

What to Watch in Energy Markets in 2019

The only certainty about global energy is that the markets will continue to surprise in 2019.  The energy business has…