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15 August | Other

United States. CFTC Copper speculative net positions. The value of the indicator has increased from 20.7K to 28.2K

Copper

A report on this calendar event is released weekly by the CFTC Commitment of Traders.

The presented indicator reflects the difference between the volumes of long and short positions on copper in the United States opened by speculators (non-commercial traders).

The dynamics of copper futures is a gauge of strength for several days.

The indicator does not have a strong impact on copper prices and is considered by analysts in conjunction with other figures.

An increase of the indicator value may contribute to the rise in quotes of Copper.

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