GBP net shorts increase, oil longs reduced – Deutsche Bank

Research Team at Deutsche Bank, lists down the commitments of traders report for the week ended on Tuesday, July 5, 2016.

Key Quotes

“Interest Rates: Speculators increased their net positions in Eurodollar and Treasury futures by $7.8 billion to -$3.8 billion in ten-year Treasury equivalents. They increased their net shorts in FV by 104K contracts but added 12K and 24K contracts to their net longs in TY and US, respectively. They turned net short 65K contracts in Eurodollar futures, selling 69K contracts.

 ED contracts decreased 69K to -65K

 TU contracts increased 86K to 100K

 FV contracts decreased 104K to -198K

 TY contracts increased 12K to 96K

 TN contracts decreased 7K to 6K

 US contracts increased 24K to 90K

 WN contracts decreased -14K to -79K

FX: Specs increased 6K contracts in their GBP net shorts over the week. They also sold13K contracts in EUR futures but added 4K contracts to their net longs in JPY and CAD futures, in each.

Commodities: Specs sold 72K contracts in corn futures this week, but remained net buyers of metal futures. They reduced 5K contracts from their net longs in oil for the second straight week but increased their net longs in gold and silver by 14K and 2K contracts, respectively for the fourth week in a row.

Equities: Specs reduced 22K contracts from their net longs in S&P e-mini futures and also sold 2K contracts in Nasdaq mini futures. They added 3K contracts to their Nikkei futures net longs for the fourth straight week.”