6 Jul 2015
Commodities: CFTC Commitment of Traders Report - TDS
FXStreet (Guatemala) - Analysts at TD Securities offered the CFTC Commitment of Traders Report for the Week Ending June 30th, 2015.
Key Quotes:
"Gold specs continued to pile into short positions, expecting that Fed rate hikes and/or a potential liquidity crisis may take price lower will all other risky assets."
"Silver specs move short positioning to new record highs battling with elevated longs, as prices remain rangebound similarly to gold."
"Platinum specs exited from longs and shorts, getting out of some positions ahead of the Greek referendum, and its potential impact on Europe."
"Palladium specs added to longs, but more to shorts, as US auto sales slow and China continues to worry."
"Copper specs added to longs and shorts, with seeds of China growth and stimulus combating current pessimism."
"OPEC over-production expectations along with rising demand concerns prompted specs to cut WTI long exposure and build new short positions."
"Inventories, negative energy market sentiment drove Natgas investors to cuts longs, while low prices convinced specs to cover shorts."
"Specs tilted their RBOB gasoline positioning convincingly away from net longs amid demand concern and risk-off sentiment."
Key Quotes:
"Gold specs continued to pile into short positions, expecting that Fed rate hikes and/or a potential liquidity crisis may take price lower will all other risky assets."
"Silver specs move short positioning to new record highs battling with elevated longs, as prices remain rangebound similarly to gold."
"Platinum specs exited from longs and shorts, getting out of some positions ahead of the Greek referendum, and its potential impact on Europe."
"Palladium specs added to longs, but more to shorts, as US auto sales slow and China continues to worry."
"Copper specs added to longs and shorts, with seeds of China growth and stimulus combating current pessimism."
"OPEC over-production expectations along with rising demand concerns prompted specs to cut WTI long exposure and build new short positions."
"Inventories, negative energy market sentiment drove Natgas investors to cuts longs, while low prices convinced specs to cover shorts."
"Specs tilted their RBOB gasoline positioning convincingly away from net longs amid demand concern and risk-off sentiment."