COT: Funds Switch Exposure From Agriculture to Metals: Saxo

Summary: Our weekly Commitment of Traders update highlights future positions and changes made by hedge funds and other speculators across commodities and forex during the week to Tuesday, January 10. A week that saw stong risk appetite in response to China reopening and as the dollar dropped and bond yields softened. Commodities meanwhile saw aggressive selling across the agriculture sector being partly offset by continued and strong demand for gold and copper.