EuroDollar Net Shorts Reduced – Deutsche Bank
Research Team at Deutsche Bank, lists down the commitments of traders report for the week ended on Tuesday, May 17, 2016.
“Interest Rates: Speculators decreased their net shorts in Eurodollar and Treasury futures by $4.3 billion to -$51.2 billion in ten-year Treasury equivalents. Speculators pared their net shorts in FV futures by 74K contracts, and increased their net longs in TN futures by 9K contracts. However, specs increased their net shorts in TY and TU futures by 33K and 30K contracts, respectively. Specs also added 33K contracts to their net shorts in Eurodollar futures over the week.
• ED contracts decreased 33K to -318K
• TU contracts decreased 30K to -121K
• FV contracts increased 74K to -172K
• TY contracts decreased 33K to -112K
• TN contracts increased 9K to 12K
• US contracts increased 6K to 57K
• WN contracts increased 4K to -102K
FX: Speculators pared their net longs in AUD and CAD futures by 13K and 3K contracts, respectively. Specs added 3K and 1K contracts to their net shorts in GBP and EUR futures, respectively.
Commodities: Specs net longs in oil futures increased by 77K contracts to 369K contracts, the highest level since July 2014. However, specs increased their net shorts in copper futures by 8K contracts over the week.
Equities: Specs turned net short in S&P 500 e-mini by 9K contracts, as they sold 29K contracts over the week. However, they pared 2K contracts from their net shorts in Nasdaq mini futures.”