By CountingPips.com
Here is a short summary and this week’s links (below) to the latest Commitment of Traders changes.
– Speculators continued to cut their bullish bets of the US dollar for a third straight week while speculators went long the euro for the first time in three years
– WTI Crude speculators again sharply reduced bullish bets last week for a third straight week
– The 10-year note speculators boosted bullish positions for the third week out of the last four
– Gold speculators sharply reduced their bullish bets last week for a second week in a row
Free Reports:
– Silver bets continued to fall for a fourth straight week following a record high bullish position on April 11th
– Copper speculative bets declined and are lower for 12 out of the previous 14 weeks
– Large S&P500 speculative bets fell for 5th out of the last 6 weeks and to the lowest level since 2014
The latest data for the weekly Commitment of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and currency speculators continued to decrease their bullish bets for the US dollar for a third straight week last week while speculators turned long the euro for the first time in three years. See full article
The non-commercial contracts of WTI crude futures totaled a net position of 328,751 contracts, according to data from last week. This was a decline of -44,393 contracts from the previous weekly total. See full article
The large speculator contracts of gold futures declined to a total net position of 150,006 contracts. This was a weekly shortfall of -39,628 contracts from the previous week. See full article
The large speculator contracts of 10-year treasury note futures totaled a net position of 229,119 contracts. This was a weekly gain of 49,249 contracts from the previous week. See full article
The large speculator contracts of S&P 500 futures totaled a net position of -5,400 contracts. This was a drop of -3,479 contracts from the reported data of the previous week. See full article
The non-commercial contracts of silver futures totaled a net position of 53,655 contracts, according to data from last week. This was a weekly decrease of -17,712 contracts from the previous totals. See full article
The large speculator contracts of copper futures totaled a net position of 8,081 contracts. This was a weekly fall of -10,457 contracts from the data of the previous week. See full article
Article by CountingPips.com
The Commitment of Traders report data is published in raw form every Friday by the Commodity Futures Trading Commission (CFTC) and shows the futures positions of market participants as of the previous Tuesday (data is reported 3 days behind).
To learn more about this data please visit the CFTC website at http://www.cftc.gov/MarketReports/CommitmentsofTraders/index.htm
