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Hedge funds cut bullish bets by most in seven weeks on Europe: Commodities

Posted on 21 November 2011

Ron LawsonHedge funds cut bullish commodity bets by the most in seven weeks on mounting concern that Europe’s debt crisis will restrain global economic growth and demand for raw materials.
Money managers reduced combined net-long positions across 18 U.S. futures and options by 10 percent to 754,558 contracts in the week ended Nov. 15, Commodity Futures Trading Commission data show………………………………………..Full Article: Source


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