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Bull wagers tumble most in 16 weeks as prices slump: Commodities

Posted on 01 October 2012

Speculators cut wagers by the most in 16 weeks as commodities capped the first monthly loss since May on mounting concern that central bank stimulus measures won’t be enough to halt slowing economic growth.
Money managers reduced net-long positions across 18 U.S. futures and options by 5 percent to 1.24 million contracts in the week ended Sept. 25, the biggest slump since June 5, Commodity Futures Trading Commission data show………………………………………..Full Article: Source

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VRS - who has written 38144 posts on Opalesque Commodities Briefing.


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