By CountingPips.com
Here is a short summary and this week’s links (below) to the latest Commitment of Traders changes.
– Speculators reduced their bullish bets of the US dollar for a second straight week and to the lowest level since October
– WTI Crude speculators sharply cut back on their bullish bets last week for a second straight week
– The 10-year note speculators reduced their bullish positions one week after a surge in bullish bets for the treasury instrument
– Gold speculators cooled off their streaking rise in bullish bets last week after gains the previous six straight weeks
Free Reports:
– Silver bets fell for a third straight week after surging to a record high bullish position on April 11th
– Copper speculative bets rebounded last week after a stretch where bets fell for 11 out of the previous 12 weeks
– Large S&P500 speculative bets fell for 4th out of the last 5 weeks and to a overall short position for the 1st time since February
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 reduced their bullish bets for the US dollar last week for a second straight week and to the lowest level since October. See full article
The non-commercial contracts of WTI crude futures totaled a net position of 373,144 contracts, according to data from last week. This was a drop of -38,678 contracts from the previous weekly total. See full article
The large speculator contracts of gold futures declined to a total net position of 189,634 contracts. This was a weekly decrease of -11,043 contracts from the previous week. See full article
The large speculator contracts of 10-year treasury note futures totaled a net position of 179,870 contracts. This was a weekly reduction of -34,772 contracts from the previous week. See full article
The large speculator contracts of S&P 500 futures totaled a net position of -1,921 contracts. This was a shortfall of -6,159 contracts from the reported data of the previous week. See full article
The non-commercial contracts of silver futures totaled a net position of 71,367 contracts, according to data from last week. This was a weekly decline of -22,246 contracts from the previous totals. See full article
The large speculator contracts of copper futures totaled a net position of 18,538 contracts. This was a weekly gain of 6,080 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
