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Commodities Briefing - Categorized | Investment, Market Moves more

In with a bang, out with whimper: How commodities may end the year

Posted on 20 September 2016

For commodities, 2016 started with a bang. If history is any guide, it will end with a whimper. With supply gluts persisting from corn to oil, traders are gearing up for declines. Investors pulled $US791 million out of exchange-traded funds tracking commodities over the past month, a reversal from earlier this year that have still left inflows up by $US34.1 billion for the year.
Hedge funds have cut their combined bet on a rally for raw materials in nine of the past 11 weeks, and interest for the asset class has fallen………………………………………..Full Article: Source


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