COT on Commodities
The latest Commitment of Traders (COT) report covered the week to June 11 when the Bloomberg Commodity Index rose 1.5%, the dollar strengthened by around 1% and bond yields traded higher in response to a surprisingly strong US jobs report, causing some jitters ahead of last week’s FOMC meeting, the result of which was known the day after data to this report was compiled.
On a sector level, the mentioned gain was solely…
