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  • Article / Monday at 8:44 GMT

    COT: Oil longs, grain shorts and pace of gold buying hits record

    Head of Commodity Strategy / Saxo Bank
    Denmark
    COT: Oil longs, grain shorts and pace of gold buying hits record
    Hedge funds increased bullish bets across 25 major commodities futures by 13% to 1.7 million lots in the week to January 9. Once again the buying was concentrated in crude oil and gold. Short-covering in sugar and coffee supported a net purchase of soft commodities while bearish bets on key crops reached a new record.
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  • Article / 27 December 2017 at 12:17 GMT

    COT: Funds cutting bullish bets ahead of year-end

    Head of Commodity Strategy / Saxo Bank
    Denmark
    COT: Funds cutting bullish bets ahead of year-end
    Hedge funds continued to sell agricultural commodities in the week to December 19 according to data from the weekly COT report. The near-record crude oil long was reduced while gold was bought in the aftermath of the long-awaited US rate hike. The copper long jumped 61% on supply disruptions, both in South America and not least in China.
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  • Article / 11 December 2017 at 8:55 GMT

    COT: Specs fleeing metals; Oil long remains close to record

    Head of Commodity Strategy / Saxo Bank
    Denmark
    COT: Specs fleeing metals; Oil long remains close to record
    Hedge funds cut bullish commodities bet by 138,177 lots in the week to December 5. Hardest hit were metals with gold, silver and copper all seeing major reductions. Oil saw light profit taking after Opec+ meeting while natural gas got slammed as the US winter continued to delay its arrival. Grains were bought while softs were mixed.
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  • Article / 04 December 2017 at 8:48 GMT

    COT: Oil jumps to record; Gold traders wrong-footed

    Head of Commodity Strategy / Saxo Bank
    Denmark
    COT: Oil jumps to record; Gold traders wrong-footed
    Hedge funds were net-buyers across 26 commodities futures in the week to November 28. All sectors were net bought with the top five being WTI crude oil, gold, soybean meal, cotton and corn. At the other end of the scale we find natural gas, soybean oil and wheat.
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  • 22 November
    fxtime fxtime
    The UK Budget will be a 'fudged' accounting exercise like all the predecessor versions regardless of party in charge. It will be news headlines things like the...
  • Article / 06 November 2017 at 8:26 GMT

    COT: Oil longs most stretched since March

    Head of Commodity Strategy / Saxo Bank
    Denmark
    COT: Oil longs most stretched since March
    Hedge funds continued the rotation out of grains and metals into energy during the week to October 31. The combined net-long across oil and products jumped to their highest since February, especially driven by strong oil demand. Outside oil and products major reductions were seen in natgas, silver, corn and wheat while sugar and cattle were bought.
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    06 November
    matsuri matsuri
    "this is madness" - it is how I can describe the situation on oil. I am waiting for the trigger to bring oil down back towards $50...