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Hedge funds go long on commodities

Posted on 22 April 2016

The financial year starting April 1 has been good so far for commodity market players, with hedge funds turning bullish and going long on most base metals, crude oil and bullion.
Easing concerns on China’s growth as reflected in the recent data, weakening of the dollar index and overall positive sentiment have helped bulls get an upper hand. Bloomberg Commodity Index headed for a five-month high, spurred by gains from metals to soy beans, and weighing on government bonds………………………………………..Full Article: Source


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