Commodities The Bloomberg Commodity Index (BCOM) extended its rally, rising 2.5% in the latest reporting week. Gains in energy and precious metals supported fresh buying and short covering, while agriculture broadly struggled—corn being the notable exception. Managed money accounts responded by
Commodity
Commodities In the week to August 5, several major developments drove positioning changes across key commodities. Trump’s abrupt reversal on copper tariffs triggered a 22% slump in New York prices, prompting funds to halve their HG copper net long. In energy, OPEC+’s continued production increases—potentially into a softening demand period—pressured crude oil, while fading
Commodities: A second week of broad and accelerated risk aversion and rising volatility saw all sectors and most contracts covered in this update being exposed to net selling. This occurred during a reporting week that, despite a weaker dollar, saw the Bloomberg Commodities Index drop 1.4% as hedge funds lowered their overall exposure amid rising […]











