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GLOBAL MACRO: CFTC Positioning: Traders Sell AUD

GLOBAL MACRO
EM BulletFixed Income BulletsBulletMarketsEmerging Market News

The latest CFTC Commitments of Traders report shows notable speculative positioning shifts. 

  • In fixed income, large buying of 10-year futures (143k) and reduced duration shorts (124k) preceded the Fed announcement, while SOFR shorts fell by 219k.
  • In FX, record weekly AUD selling (70k) and significant NZD selling (14.3k) contrasted with strong Swiss franc buying (13.2k) and smaller euro and MXN purchases, boosting the aggregate dollar long by $4 billion.
  • In equities, traders were better buyers of S&P futures buying 43k contracts, bought 2k Russell and selling 4k Dow contracts while increasing VIX shorts by 4k.
  • In commodities, oil longs surged by 40k, while gold and copper longs dropped by 14k and 5k, respectively.
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The latest CFTC Commitments of Traders report shows notable speculative positioning shifts. 

  • In fixed income, large buying of 10-year futures (143k) and reduced duration shorts (124k) preceded the Fed announcement, while SOFR shorts fell by 219k.
  • In FX, record weekly AUD selling (70k) and significant NZD selling (14.3k) contrasted with strong Swiss franc buying (13.2k) and smaller euro and MXN purchases, boosting the aggregate dollar long by $4 billion.
  • In equities, traders were better buyers of S&P futures buying 43k contracts, bought 2k Russell and selling 4k Dow contracts while increasing VIX shorts by 4k.
  • In commodities, oil longs surged by 40k, while gold and copper longs dropped by 14k and 5k, respectively.