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Gold: CTA positioning remains near its effective 'max long' position size – TDS
Gold now screens as a well-populated trade. The Street is unanimously bullish, but macro fund positioning may now be tapped out without an imminent recession, CTA positioning remains near its effective 'max long' position size, the top Shanghai traders have been selling their positions from near-record highs, and Asian physical markets remain on a buyer's strike, TDS senior commodity strategist Daniel Ghali notes.Fxstreet
Aug 12, 2024
Correction in copper has likely played out, current levels an attractive entry poi
Investing.com -- The recent sharp correction in copper prices appears to have largely run its course, positioning current levels as a compelling medium-term entry point for investors, as per analystsInvesting.com
Aug 12, 2024
Oil faces volatile week ahead monthly OPEC, IEA reports
Oil price jumps higher for a fourth straight day in a row on Monday. Oil traders are sending Crude prices higher with the assumption that the monthly report from the Organization of the Petroleum Exporting Countries (OPEC) will still bear a bullishFxstreet
Aug 12, 2024
Supply concerns drive European gas prices higher – Commerzbank
European gas prices have also been rising significantly for almost two weeks, with the European reference price TTF at EUR 40 per MWh, its highest level since early December, Commerzbank’s commodity strategist Barbara Lambrecht notes.Fxstreet
Aug 9, 2024
