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CTFC : Oil shorts squeezed in commodities - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Guatemala) - Analysts at TD Securities offered the CFTC Commitment of Traders Report for the Week Ending October 13th, 2015.

    Key Quotes:

    "Gold/silver specs continued to shift to net length, as a dovish Fed signals rate hikes off the table for 2015.

    Platinum specs reversed some of their extreme bearishness as the diesel autos outlook uncertain.

    Palladium specs continued to cover nearly all short positioning, as the bulls gained traction.

    Copper specs covered shorts, just as signals that China showing seeds of green shoots.

    Oil spec positioning saw weak handed shorts squeezed out, as hopes gained on plans for an OPEC/non-OPEC "technical" meeting.
    Natgas spec shorts covered positions as colder weather arrived.

    Gasoline/distillate spec positioning moved bearishly, as inventories remain elevated."
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