20 Mar 2015
CFTC Commitment of Traders Report - TDS
FXStreet (Guatemala) - Analysts at TD Securities gave the CFTC Commitment of Traders Report of commodities for week ending March 17th, 2015.
Key Quotes:
"Gold specs increased short positions and cut long positions ahead of the FOMC rate decision in anticipation of a more 'hawkish' communique, which ultimately did not occur."
"Silver investors followed gold, adding additional short exposure for the week."
"Copper specs continued the theme of increasing long positions, but cutting shorts this week, as expectations that China stimulus and better US jobs are signs of improving demand."
"Crude oil investors increased short positions more than longs as inventories at Cushing, OK grow to record heights and the Gulf Coast is littered with offshore storage vessels."
"While a final colder weather front hammered the upper East Coast, natural gas specs took profits and sold short positions as winter continues to wind down with ample gas in the ground."
"Gasoline specs were largely flat, while heating oil specs decreased net long positions in accordance with the broader energy market."
Key Quotes:
"Gold specs increased short positions and cut long positions ahead of the FOMC rate decision in anticipation of a more 'hawkish' communique, which ultimately did not occur."
"Silver investors followed gold, adding additional short exposure for the week."
"Copper specs continued the theme of increasing long positions, but cutting shorts this week, as expectations that China stimulus and better US jobs are signs of improving demand."
"Crude oil investors increased short positions more than longs as inventories at Cushing, OK grow to record heights and the Gulf Coast is littered with offshore storage vessels."
"While a final colder weather front hammered the upper East Coast, natural gas specs took profits and sold short positions as winter continues to wind down with ample gas in the ground."
"Gasoline specs were largely flat, while heating oil specs decreased net long positions in accordance with the broader energy market."