Hedge funds cut bullish bets on commodities by 19% to 267,000 lots of futures and options during the week ending August 11. All sectors apart from metals were reduced as the surprise devaluation move by China last Tuesday increased worries about slowing demand from the world's largest consumer.
from Ole Hansen - Authored content http://ift.tt/1K1q71O
COT: Bullish bets cut with China freeing its currency
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