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John Authers and Greg Meyer discuss their exclusive interview with Gary Gorton and Geert Rouwenhorst whose groundbreaking 2004 research into commodity futures revolutionised commodity investment, but has since been heavily criticised.
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The dollar’s strength is the foremost factor in currency markets, with the Fed expected to be the first major central bank to raise rates. The FT’s Roger Blitz and Ralph Atkins discuss the impact of this week’s data and two central bank meetings.
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Bund futures are seen as a liquid alternative to cash bonds, but even that market is showing signs of drying up. Joe Rennison, US capital markets reporter, explains what liquidity means to the market and what happens when it is in short supply.
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