By CountingPips.com
Here is a short summary and this week’s links (below) to the latest Commitment of Traders changes.
– Speculators reduced bullish bets for the US dollar to a new low since September as USD bets have fallen 5 out of the last 6 weeks
– WTI crude oil speculators slightly edged bets higher last week
– The 10-year note speculators sharply decreased bullish bets after rising for 3 straight weeks
– Gold speculative bets went higher for a 2nd week and by over +40,000 contracts in 2 weeks
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– Silver bets rose again for 2nd week after declining for 5 straight weeks
– Copper speculative bets fell for 1st time in 3 weeks and back under the +10,000 level
– Large S&P500 speculative bets slid for 4th out of the last 5 weeks, to lowest since 2012
FX Speculators cut US Dollar bets for 2nd week, to lowest since Sept
US Dollar net speculator positions leveled at $7.53 billion last week
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 to the lowest level since September 2016. See full article
WTI Crude Oil Speculators net bullish positions virtually unchanged last week
The non-commercial contracts of WTI crude futures totaled a net position of 373,755 contracts, according to data from last week. This was an advance of 766 contracts from the previous weekly total. See full article
Gold Speculators increased net bullish positions to highest in 4 weeks
The large speculator contracts of gold futures advanced to a total net position of 167,090 contracts. This was a weekly rise of 7,323 contracts from the previous week. See full article
10 Year Treasury Note Speculators sharply cut back on net positions last week
The large speculator contracts of 10-year treasury note futures totaled a net position of 258,165 contracts. This was a weekly drop of -104,336 contracts from the previous week. See full article
Large S&P500 Speculators reduced bullish net positions for 2nd week
The large speculator contracts of S&P 500 futures totaled a net position of -8,085 contracts. This was a decrease of -1,499 contracts from the reported data of the previous week. See full article
Silver Speculator bullish positions rose again last week
The non-commercial contracts of silver futures totaled a net position of 61,414 contracts, according to data from last week. This was a weekly gain of 10,241 contracts from the previous totals. See full article
Copper Speculators decreased bullish net positions after 2 weeks of gains
The large speculator contracts of copper futures totaled a net position of 9,644 contracts. This was a weekly fall of -3,387 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
