BRIEF: EC Approves Italy's 5th NGEU Payment Request For EUR11 billion

MNI BRIEF: ECB's Eye On French Markets, Price Stability Key

MNI BRIEF: Lower Inflation Path Remains Bumpy - Lagarde

MNI BRIEF: 'Noise' Driving Economic Deterioration- Campos Neto

MNI China Daily Summary: Tuesday, July 2

MNI BRIEF: China Aims For AI Standards By 2026

EZ/UK T-Bill Calendar: Greece, EU Auction on Wednesday

EZ/UK Bond Supply Calendar: 2.60% Aug-34 Bund Due Wednesday

Ita-coin Nowcast Negative For Second Month

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Investment Funds Positioning Most Bullish Since Jan 2022

NATGAS
Homepagemarkets-real-timeCommoditiesEnergy BulletsBullet

Investment fund net long positioning in ICE TTF Futures rose to the most bullish since end January 2022 according to the commitment of traders data for the week to May 24.

  • TTF front month futures have recovered from lows of €30.995/MWh at the start of last week to trade within a range of €33.155/MWh to €35.51/MWh this week as supply disruptions from Norwegian maintenances, Asian LNG appetite and geopolitical risks are supporting prices.
  • Investment Firm net position increased by 11.8m to -115.m
  • Investment Funds net position rose by 29.64m to +121.19m
  • Commercial Undertaking flipped to a net short position of -3.84m, compared with a net long position of +14.99 last week
111 words

To read the full story

Close

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.

Investment fund net long positioning in ICE TTF Futures rose to the most bullish since end January 2022 according to the commitment of traders data for the week to May 24.

  • TTF front month futures have recovered from lows of €30.995/MWh at the start of last week to trade within a range of €33.155/MWh to €35.51/MWh this week as supply disruptions from Norwegian maintenances, Asian LNG appetite and geopolitical risks are supporting prices.
  • Investment Firm net position increased by 11.8m to -115.m
  • Investment Funds net position rose by 29.64m to +121.19m
  • Commercial Undertaking flipped to a net short position of -3.84m, compared with a net long position of +14.99 last week