Articles of Interest

Trade Idea UPDATE: Stop to sell Silver – new lows in the making

As of now I intend to stay with this silver trade in any case. That is because I have the comfort of trading with the trend. The overall trend has – in this case – a favourable habit of sucking prices down with it sooner or later.

Trade Navigator: Tuesday, May 14 (now available in Spanish)

The Trade Navigator provides you with daily technical insight into almost 200 instruments ranging from FX to equities, commodities and bonds.

Signs emerge that the commodity super-cycle isn’t over

Is it too early to pronounce the so-called commodity super-cycle over? Just maybe. Two Canadian commodity indexes came out Monday, and they both suggest that raw materials are going through a modest stumble, not the huge blow up being forecast by the commodity doom and gloom crowd. The indexes are from Toronto-Dominion Bank and Bank ... Read More

The commodities supercycle is far from dead

The main fundamental drivers of the commodities supercycle are still in force and recent commodity price weaknesses are more related to business-cycle fluctuations and short-term commodity-specific supply increases than a change in structural fundamentals. Resource-intensive economic growth in emerging markets, led by urbanisation and industrialisation, has been the main force behind the rise in …Article ... Read More

Soft commodities languish after glut

Farmers responded to a big rise in prices in the past five years with a combination of increased planting, better husbandry and larger applications of fertiliser and pesticides. As a result, production rose, sending prices down. The price weakness could last. Unlike agricultural commodities such as corn or wheat where seeds are set down every ... Read More

Funds rush to dodge new European rules

A controversial hedge fund-lite structure looks likely to survive, despite a regulatory clampdown that has claimed its first victim. Cantab Capital Partners, a $5.5bn systematic global macro manager, last week announced the imminent closure of its only onshore Ucits fund as a result of pressure from European regulators. However, fund promoters are restructuring a swath ... Read More

Gold bears pull $20.8 bln as BlackRock says buy: Commodities

Hedge funds increased bets on lower gold prices after investors pulled a record $20.8 billion from bullion funds this year while BlackRock Inc. (BLK), the world’s biggest money manager, said it’s still bullish. Speculators held 67,374 so-called short contracts on May 7, 6.4 percent more than a week earlier, U.S. Commodity Futures Trading Commission data ... Read More

Hedge funds’ bullish bets on commodities at 6-week high

The net long money held by hedge funds and other big speculators in commodities is back to a six-week high, moving on from April’s market tumble, as traders piled into oil and oversold crops like coffee, cocoa and corn, trade data showed on Friday. But hedge funds are not bullish on all commodities, sharply paring ... Read More

Brent crude net-long position rises 14% as sold positions are cut

For the third consecutive week, hedge funds raised their net-long position in Brent crude during the week ending May 7. The increase was almost exclusively driven by the reduction of gross shorts as the 100 USD/barrel area lends support

Reductions in gold ETP holdings picked up speed last week

Total holdings of gold in Exchange Traded Products fell by 34.3 tonnes last week. This was the 13th week in a row that investors pulled investments and the total holding of 2,227.8 tonnes is now at its lowest level since July 2011.