Thursday, 25 December 2014
Last updated 1 day ago
Jun 24 2013 | 10:55am ET
Hedge funds continued to pull back from gold last week as investors awaited word from the Federal Reserve about its bond-buying program.
Net-long positions fell by 29% in the week ended June 18, according to the Commodity Futures Trading Commission, while short holdings rose 14%, the most in eight weeks.
Fed Chairman Ben Bernanke said last week that the central bank may slow its quantitative easing program if the U.S. economy continues to improve. The Fed made no immediate change to its program.
Hedge funds and other speculators are also becoming less bullish on other commodities, with net-long positions across 18 commodities falling 2.2% on the week. Long bets across 11 agricultural products dropped 7.9%, with short positions against wheat rising and long positions on corn falling.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.