By CountingPips.com
Here is a short summary and this week’s links (below) to the latest Commitment of Traders changes.
– Speculator US Dollar positions dropped to the lowest level since July 2016
– WTI crude oil speculator bets dropped for 3rd week
– The 10-year note speculators pulled back on bullish bets after 2 weekly gains
– Gold speculative bets declined for 3rd week and to the lowest level since May
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– Silver bets fell for 3rd week and to the lowest level since January 2016
– Copper spec bets edged higher and have gained for three out of the past four weeks
– Large S&P500 raised bets for 4th week and now in bullish territory for 2nd week
Currency Speculators reduced US Dollar bullish positions to 12-month low
US Dollar net speculator positions leveled at $4.50 billion as of Tuesday
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 in just about a year. See full article
WTI Crude Oil Speculators reduced bullish net positions for 3rd week
The non-commercial contracts of WTI crude futures totaled a net position of 327,188 contracts, according to data from last week. This was a slide of -1,576 contracts from the previous weekly total. See full article
Gold Speculators sharply lowered bullish net positions for 3rd week
The large speculator contracts of gold futures totaled a net position of 131,672 contracts. This was a weekly decline of -19,003 contracts from the previous week. See full article
10-Year Note Speculators lowered bullish net positions for 1st time in 3 week
The large speculator contracts of 10-year treasury note futures totaled a net position of 302,098 contracts. This was a weekly reduction of -43,074 contracts from the previous week. See full article
S&P500 Speculators slightly raised bullish net positions this week
The large speculator contracts of S&P 500 futures totaled a net position of 1,813 contracts. This was a rise of 67 contracts from the reported data of the previous week. See full article
Silver Speculators reduced bullish net positions for 3rd straight week
The non-commercial contracts of silver futures totaled a net position of 35,532 contracts, according to data from last week. This was a weekly fall of -11,149 contracts from the previous totals. See full article
Copper Speculators edged bullish net positions higher this week
The large speculator contracts of copper futures totaled a net position of 13,688 contracts. This was a weekly boost of 909 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
