Commitment of Traders: Specs increase shorts in treasury and most currencies – DB

FXStreet (Barcelona) - The Deutsche Bank Research Team highlights the positioning by traders in Interest Rates, FX, Commodities, and Equities, for the week ended January 6th, 2015, further noting that specs were more bearish for most currencies, selling 8k contracts in both AUD and CHF.

Key Quotes

“Net speculative short positions in Eurodollar and Treasury futures decreased by $1 billion to $33.5 billion in ten-year cash equivalents. Speculators decreased their net shorts in TY by 18K contracts. However, they added 12K contracts in TU net shorts over the week.”

“Specs were more bearish in most of the currency futures, as they sold 8K contracts in AUD and CHF each. They also increased EUR and GBP net shorts by 9K and 6K contracts, respectively. However, they pared 6K in JPY net shorts.”

“Commodities: Specs increased their net shorts in copper by 6K contracts and pared 4K contracts in oil net longs. Whereas, they added 6K contracts in gold net longs.”

“Equities: Specs increased S&P 500 mini net longs by 38K to 170K, the highest level since August 2013. They also purchased 7K contracts in Nasdaq mini futures, but sold 2K contracts in Nikkei futures.“