FXEmpire.com - Saxo Financial institution publishes two weekly Commitment of Traders reports (COT)
FXEmpire.com – Saxo Financial institution publishes two weekly Commitment of Traders reports (COT) overlaying leveraged fund positions in bonds and inventory index futures. For IMM foreign money futures and the VIX, we use the broader measure referred to as non-commercial.
The beneath abstract highlights futures positions and adjustments made by hedge funds throughout 24 commodities futures up till final Tuesday, November 5. The reporting interval coated every week the place commerce deal optimism continued to run excessive with shares and bond yields each rising whereas the prospect for additional U.S. charge cuts continued to deflate.
Simply two months in the past the urge for food for key commodities amongst speculators, i.e. leveraged cash managers or hedge funds, hit all-time low. Again then the net-long throughout the 24 main futures tracked on this report dropped to a document low of simply 38ok heaps. Whereas the Bloomberg Commodity Index since then has solely managed to get better by 2.2% the net-long has nonetheless jumped and final week it reached 587ok heaps, a 15-week excessive.
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