Saxo Bank publishes two weekly Commitment of Traders reports (COT) covering leveraged fund positions in commodities, bonds and stock index futures. For IMM currency futures and the VIX, we use the broader measure called non-commercial.
To download your copy of the Commitment of Traders: Commodity report for the week ending July 9, click here.
To download your copy of the Commitment of Traders: Forex report for the week ending July 9, click here.
To download your copy of the Commitment of Traders: Financials report for the week ending July 9, click here.
Commodities
Speculators sold crude oil, albeit in small quantities, on global demand worries before the market rallied strongly on another large stock draw, geopolitical concerns and not least the potentially damaging impact of tropical storm Barry. Gold was sold for the first time in seven weeks following the stronger-than-expected US job report but before Fed chair Powell in testimonies on Capitol Hill left the door wide open for a July 31st rate cut. The 10% reduction was led by long-liquidation but also some fresh short selling was seen.
HG copper’s renewed and subsequent failed attempt to break key support at $2.60/lb. helped drive a 26% increase in the net-short to 56k lots, a fresh record. One for the radar next week, should the price action continue to move against those positioned for lower prices.