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Free AccessFunds Raise TTF Long Positions Again in Week to May 10
GAS POSITIONING - Investment fund net long positioning in ICE TTF futures rose again last week and the most bullish since February 2022 according to the commitment of traders data for the week to May 10. The rise comes amid supply concern from LNG competition from Asia and geopolitical risks and despite the healthy European storage inventories.
- Investment Firm net position fell by 4.26m to -89.73m
- Investment Funds net position increased by 6.72m to +103.21m
- Commercial Undertaking net position fell by 7.09m to 5.45m
Source: Bloomberg
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.