COT indicators identify the level of bullishness and bearishness for every trader type along with movements which most of the time signals the end of pullbacks. This product has been discontinued, if you are interested in COT reports, visit the Commitment of Traders (COT) website. CME Lean Hogs lost 6.5% WOW following a 2,902 lot increase in the gross shorts held by Index Traders—the largest increase since February 2013 on expectations of an expanding US swineherd. Non-Commercials’ net long position across agri commodities contracted to 92,323 lots over the week—the lowest since January, after a further 31,003 lot reduction mostly from the softs.

Commitments of Traders: Strategies for Tracking the Market and Trading Profitably (Wiley Trading) – Hardcover

Back in 2019 the correlation was very low and close to zero, but it trended higher through most of 2022 and into early 2023. The correlation reached 70% in April 2023, showing that speculators seemed to be dominating price action, with fundamentals playing a limited role. Recent months have seen the correlation fall back though, with copper trending sideways and investor reacting to an uncertain market outlook. Consequently, they remain indifferent to prevailing market conditions and are not included in the report, as their trading strategies are not geared towards actively participating in market movements. By staying up to date with COT data releases, you can incorporate the latest information into your trading strategy. This can help you make more informed decisions based on current market sentiment and positioning.

CP DAILY NEWSLETTER

Global and US stock indexes climbed by more than 2%, US bond yields slumped, especially at the front end of the curve, while the dollar traded a tad softer. Commodities rose strongly with https://cointelegraph.com/news/50-bps-fed-rate-cut-bullish-crypto-markets gains seen across all sectors led by precious metals. CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage.

Identifying Market Sentiment

Position https://www.investopedia.com/articles/forex/11/why-trade-forex.asp limits will not be set on derivatives where the underlying is not a commodity. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although FOREX.com is not specifically prevented from dealing before providing this material, FOREX.com does not seek to take advantage of the material prior to its dissemination. This material is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Euro Markets: EUAs snap losing streak after Commitment of Traders data shows funds hold record net short

• CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
• To enhance your trading strategy, it’s important to have a solid understanding of Commitment of Traders (COT) data.
• We explain that the highest correlation (most important driver) for base metal prices comes from looking at the speculative category for Investment Funds and Other Financial Institutions (IFOFI).
• The CFTC receives the data from the reporting firms on Wednesday morning and then corrects and verifies the data for release by Friday afternoon.
• Commodity Futures Trading Commission (CFTC) and the ICE Exchange Europe for Brent crude oil and gas oil.

Slightly weaker than expected US CPI and weaker retail sales data were supportive, increasing expectations that the Fed may start cutting rates soon. The market is now fully pricing in a September rate cut, while a second cut is also fully priced in by December. All separate positions in different maturities outside the spot month period (‘Other Months’ contracts) for a commodity derivative should be summed or netted. StoneX Financial Ltd (trading as "FOREX.com") https://africa-gold-capital.org/ is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives. This material has been prepared using the thoughts and opinions of the author and these may change.

What is Commitment of Traders Data?

Non-financial entities (NFEs), as defined in UK RTS 21, can apply to us for a position limit exemption for 1 or more contracts. If you are such an entity and wish to have such an exemption you will need to show that your position in a particular commodity derivative is directly risk-reducing in relation to your commercial activity. Weaker oil prices and expectations that the BOC could be approaching a pause in rate hikes has seen bears load up on Canadian https://www.investor.gov/introduction-investing dollar futures. Net-short exposure is at a 14-month high and gross shorts are now at a 3.5-year high. Whilst net-short exposure has held above -33k since May 2020, there have been periods where we’ve seen it move to -60 and -90k contract, so it is not all clear that we’re near a sentiment extreme.