Hedge Funds increased their net-long position by 4.1 percent to 35,691 futures and options, U.S. Commodity Futures Trading Commission data for July 9 show. Net holdings expanded even as speculators increased short bets to a record. Net-bullish wagers across 18 U.S.-traded commodities retreated 3.4 percent as investors became the most bearish ever on corn. They were more bullish on silver and palladium.
erevnon.com
View articlesYou might be interested in …
Gold Market Report
by pnik
Gold Market Report 1-25-2017 Gold broke below the medium term ascending channel pattern at 1210 and below the 100h MA. It hit the daily high at 1209 and after hitting the daily low at 1193 […]
Gold Technical Analysis 10-15 July 2017
by pnik
Gold Technical Analysis 10 July 2017 Gold is under pressure for one more day and the bearish trend that started on June 6th is intact and now the precious metal is targeting the psychological 1200 […]
China’s GDP growth down to 7.5 percent
by erevnon.com
China’s GDP growth slowed in the second quarter to 7.5 percent year-on-year as weak overseas demand weighed on output and investment, lining up a test of Beijing’s resolve to revamp the world’s second-biggest economy in […]

