5:48 AM
Rachid AJMAL
data showed high bets hedge funds and other large speculators on the commodities rise by 30 billion U.S. dollars since the end of July as investors deliberately to buy in the oil and metals markets and crops, expecting higher prices due to economic stimulus measures. The price of crude oil, gold, copper and soybeans higher levels in several months after it announced all of the European Central Bank and the U.S. new measures to stimulate the economy, which poured in the interest of money managers who embarked diligently to form long positions in commodities in the past seven weeks. Reuters calculations showed based on weekly data from the Commodity Futures Trading Commission preliminary U.S. net long positions in about 22 markets relay Committee rose from about $ 89 billion at the end of July to around 118 billion dollars now.
In the week ended September 18, net long positions about $ 1.6 billion with hedge funds and seek other large speculators to support markets after the announcement of the U.S. central enhance its program to stimulate the economy on September 14.
hedge funds trader x
