The weak US job report on October 2, which left the market wondering if the FOMC will be able to raise interest rates at all, had a major positive impact on commodities. Last week the BBG Commodity index surged with hedge funds and money managers scrambling to cover short positions. The weekly COT report covering the week ending October 6 showed just this.
from Ole Hansen - Authored content http://ift.tt/1MojXW9
COT: Bullish futures bets surge on commodity comeback
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