Surge in Open Interest Value Driven by Strong Performance in Metals and Grains
Tuesday, 9 July 2024, 10:02
Surge in Open Interest Value
The estimated value of open interest across global commodity markets hit a six-week high, indicating increasing investor activity.
Boosted by Gains in Metals and Grains
Strong performance in the metals and grains sectors contributed significantly to the rise, reflecting positive market sentiment.
Conclusion: The upward trend in commodity open interest value, especially driven by gains in metals and grains, signifies a growing focus on commodities among investors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.