Market Quick Take - June 3, 2020
The global rally in stocks continues with the market increasingly pricing in a V-shaped recovery as policymakers unwavering support for asset markets and pledge to do more has succeeded in detaching markets from reality, for now. The dollar declined for a fifth day against its peers while the JPY dropped to the lowest since January against the euro.
COT: Gold sold despite multiple tailwinds
Futures positions and changes made by hedge funds across 24 commodity futures during the week to May 26