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Hedge funds reduced wagers on a rally in commodities to the lowest this year on mounting speculation that Greece will leave the euro, slowing global growth and curbing demand for everything from copper to soybeans.
Money managers reduced net-long positions across 18 U.S. futures and options by 15 percent to 616,841 contracts in the week ended May 15, the lowest since Dec. 27, Commodity Futures Trading Commission data show………………………………………..Full Article: Source
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Commodities Briefing - Categorized | Fund Profile, Investment, Market Moves more
Investors least bullish in 2012 as crisis escalates: Commodities
| Posted on 21 May 2012 |
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