The CCN News

05/05/2025

Based on the COT report data for the week ending Tuesday, April 29, 2025, here's an analysis of the potential market bias for the mentioned assets:

Key Observations from the COT Report (Week Ending April 29, 2025):

* USD: The dominant theme was continued USD selling. Large speculators increased their gross USD short positions against eight IMM futures to an eight-month high of $17.1 billion. This suggests a prevailing bearish bias against the US dollar among large speculators during this period.

* EUR: Mirroring the USD sentiment, large speculators maintained a significant net short position in EUR futures. However, there was a slight increase in their long positions and a larger increase in their short positions, suggesting a continued bearish bias on the Euro relative to other currencies.

* JPY: Large speculators increased their net long exposure in JPY futures. This indicates a bullish bias towards the Japanese Yen, potentially driven by its safe-haven appeal amidst market uncertainties or expectations of a less dovish stance from the Bank of Japan in the future.

* XAUUSD (Gold): There was selling pressure in gold futures during the reporting week. Large speculators reduced their long positions and also reduced their short positions, resulting in a smaller net long position. This could suggest a neutral to slightly bearish bias as speculative interest waned somewhat. However, asset managers were nearing a net-long position for the first time in nearly five months, indicating potential underlying support.

* Silver: Unlike gold, silver saw buying interest from speculators. This increase in long positions suggests a bullish bias in silver, potentially influenced by factors beyond just its safe-haven appeal, such as industrial demand or a catch-up trade to gold's previous performance.

* US OIL (Crude Oil): Speculators trimmed their long positions in crude oil ahead of the anticipated OPEC+ production increase. This reduction in net long positions suggests a cautious to slightly bearish bias due to concerns about a potential supply glut dampening prices. WTI crude, specifically, saw some buying interest, which could indicate a divergence in sentiment compared to Brent crude.

* S&P 500, US 30, US 100 (Equity Indices): Asset managers slightly trimmed their net long exposure to Dow Jones, S&P 500, and Nasdaq 100 futures. While they remained net long, this reduction could indicate some profit-taking or increased caution regarding the outlook for US equities. However, large speculators generally maintained a net long position, suggesting a continued, albeit potentially less aggressive, bullish bias.

Summary of Market Bias Based on COT Data (Week Ending April 29, 2025):

* XAUUSD (Gold): Neutral to Slightly Bearish
* US OIL (Crude Oil): Cautious to Slightly Bearish
* S&P 500: Bullish (with some caution)
* US 30 (Dow Jones): Bullish (with some caution)
* US 100 (Nasdaq): Bullish (with some caution)
* USD: Bearish
* EUR: Bearish
* JPY: Bullish
* Silver: Bullish

Important Considerations:

* Lagging Indicator: COT data reflects positions up to the previous Tuesday and doesn't capture any market-moving events or sentiment shifts that occurred later in the week.
* Not a Direct Predictor: COT data indicates the positioning of different trader categories but is not a direct predictor of future price movements.
* Complementary Analysis: This analysis should be used in conjunction with technical and fundamental analysis to form a more comprehensive trading strategy.
* Changes are Key: The change in positioning is often more informative than the absolute levels. Pay attention to how these positions evolved in subsequent COT reports.
This analysis provides a snapshot of the market sentiment based on the COT report for the week ending April 29, 2025. Remember to always conduct your own thorough analysis before making any trading decisions.

11/06/2024

How to trade commodities profitably using the COT Report.
Trading commodities profitably using the Commitments of Traders (COT) report involves understanding and analyzing the data provided by the report to make informed trading decisions. The COT report is published by the Commodity Futures Trading Commission (CFTC) and provides a breakdown of the open interest positions held by different types of traders in the futures market. Here’s how to use the COT report effectively for trading commodities:

Understanding the COT Report.

Categories of Traders:

Commercial Traders (Hedgers): These are producers and consumers of commodities who use futures contracts to hedge their positions. They often have large positions and deep market knowledge.

Non-Commercial Traders (Large Speculators): These include hedge funds and other large entities that trade for profit rather than for hedging purposes. Their positions can indicate market sentiment.

Nonreportable Positions (Small Speculators): These are smaller traders whose positions do not meet the reporting thresholds. They can provide insights into retail market sentiment.

Key Sections:

Long Positions: The number of contracts that traders have bought.

Short Positions: The number of contracts that traders have sold.

Spreads: Positions that involve long contracts in one month and short contracts in another month within the same commodity.

Steps to Trade Using the COT Report

Access the COT Report:

The COT report is released every Friday at 3:30 PM Eastern Time and reflects the positions as of the previous Tuesday. You can access it on the CFTC website or through various financial news and data services.

Analyze the Data:

Commercial vs. Non-Commercial Positions: Pay attention to the differences in the positions held by commercial and non-commercial traders. Commercials often take positions opposite to market trends for hedging purposes, while non-commercials usually follow market trends.

Changes in Positions: Look at how positions have changed from the previous report. Significant changes can indicate shifts in market sentiment.

Identify Extremes and Trends:

Extremes in Positions: When commercial traders hold extreme long or short positions, it may indicate that the market is nearing a top or bottom. For example, if commercials are heavily long, they may expect prices to rise.

Trend Confirmation: If non-commercial traders (speculators) are increasing their long positions significantly, it can indicate a bullish trend, while increasing short positions can indicate a bearish trend.

Use Technical Analysis:

Combine COT data with technical analysis to confirm your trade setups. For example, if the COT report indicates a potential bullish reversal, look for technical signals such as support levels, bullish candlestick patterns, or moving average crossovers to enter the trade.

Sentiment Analysis:

Use the COT report to gauge market sentiment. Extreme bullish or bearish sentiment among non-commercial traders can sometimes signal an upcoming reversal. Contrarian traders often look for these extremes to take the opposite position.

Risk Management:

Always implement sound risk management practices. Set stop-loss orders to protect your capital and define your risk tolerance for each trade. Diversify your trades to avoid overexposure to any single commodity.

Example of Using the COT Report.

Let's say you are trading crude oil futures. The COT report shows that commercial traders have significantly increased their short positions, while non-commercial traders have increased their long positions. This could indicate that commercials are hedging against a potential price drop, while speculators are bullish on crude oil. You might:

Look for technical signals that support a bearish outlook, such as a breakdown of a key support level.

Consider entering a short position, keeping in mind the possibility of a trend reversal if the market sentiment becomes too extreme.

Monitor the following week's COT report for confirmation or changes in positions to adjust your strategy accordingly.

Tools and Resources

CFTC Website: For the latest COT reports and historical data.

Trading Platforms: Many trading platforms offer COT report analysis tools and integration with technical analysis indicators.

Financial News and Data Services: Websites like TradingView, Barchart, and Investing.com provide detailed COT data and analysis.

By combining the insights from the COT report with technical analysis and sound risk management, you can make more informed and potentially profitable trading decisions in the commodities markets.

Investing.com offers free real time quotes, portfolio, streaming charts, financial news, live stock market data and more.

02/08/2023

25/06/2023

https://fb.watch/lnT04Ei_Nq/?mibextid=NnVzG8

24/06/2023

https://fb.watch/ln14NmjGFg/?mibextid=Nif5oz

28/04/2023

WHY Major General Jeff Nyagah, the commander of the East African Community Regional Force (EACRF) RESIGNED!!

He cites a well-coordinated and financed negative media campaign targeting his personality.
Maj Gen Nyagah further views the suspension of EACRF’s Facebook account as sabotage to the force’s efforts.
He also cites failure by Kinshasa to cater for the Force Headquarters’ administrative costs.
The battle-hardened officer is reporting back to Nairobi for further consultations.
The commander of the East African Community Regional Force (EACRF) Major General Jeff Nyagah has left the mission area in the Democratic Republic of Congo (DRC) “for consultations” in Nairobi, citing safety concerns after unknown people threatened him.

In a memo to the EAC Secretary-General dated April 27, the battle-hardened officer said he has opted to exit Goma due to an aggravated threat to his safety and a systematic plan to frustrate efforts of the EACRF.

“Honourable secretary as you are aware, there was an attempt to intimidate my security at my former residence by deploying foreign military contractors (mercenaries) who placed monitoring devices, flew drones and conducted physical surveillance of my residence in early January 2023 forcing me to relocate,” the memo by Maj Gen Nyagah reads.

Negative media campaign
He also cites a well-coordinated and financed negative media campaign targeting his personality and cites EACRF’s alleged complacency in handling the M23 armed group.

“This is further enhanced by the current push by DRC to have the force commander rotated every three months which was not envisaged in the current mandate,” the memo adds.

Maj Gen Nyagah further views the suspension of EACRF’s Facebook account and failure by Kinshasa to cater for the Force Headquarters’ administrative costs, including electricity and civilian staff salaries and staff officers’ accommodation, as sabotage to the force’s efforts.

28/04/2023

The alleged offences being investigated to have been committed by Pastor Ezekiel.

28/04/2023

President William Samoei Ruto appoints Ogolla as CDF

28/04/2023

Why??

28/04/2023

Worship and Freedom of Worship in Kenya

Kenya is a diverse country with over 40 different ethnic groups, each with its unique culture and religious practices. The country's constitution recognizes freedom of worship as a fundamental right, and citizens have the freedom to practice any religion of their choice without fear of discrimination or persecution. This article explores worship and freedom of worship in Kenya, highlighting the various religious practices in the country and the challenges faced by worshippers.

Religious Diversity in Kenya

Kenya has a rich religious diversity with Christianity, Islam, and African Traditional Religion (ATR) being the major religions. According to the Kenya National Bureau of Statistics, about 85% of Kenyans are Christians, while 10% are Muslims, and the remaining 5% practice other religions or are non-religious. Christianity is further divided into various denominations, including Catholicism, Protestantism, and Anglicanism. Islam is predominantly Sunni, with a small number of Shia Muslims.

African Traditional Religion (ATR) is also prevalent, especially among the rural population. ATR is a collection of various beliefs and practices that vary from one community to another, but they all share some common elements, such as ancestor worship, belief in a supreme being, and respect for nature.

Challenges Faced by Worshippers

Despite the constitutional recognition of freedom of worship, worshippers in Kenya face various challenges that hinder them from practicing their religion freely. One of the significant challenges is the intolerance and discrimination experienced by some religious groups. For instance, there have been instances where Christians and Muslims clash, leading to violence and loss of lives. Such conflicts are often fueled by political and economic interests and have a negative impact on the peaceful coexistence of the religious groups.

Another challenge is the rising cases of religious fraud, where some pastors and imams take advantage of their followers to enrich themselves. Such cases have led to the loss of money and property by unsuspecting worshippers and have contributed to the erosion of public trust in religious leaders.

The government's regulation of religious organizations is also another challenge that has faced worshippers in Kenya. In recent years, the government has stepped up efforts to regulate religious organizations to ensure that they operate within the law. However, some religious leaders view this as a violation of their freedom of worship and have resisted such efforts.

Therefore;

Worship and freedom of worship are fundamental human rights that must be respected in any democratic society. Kenya's constitution recognizes this, and citizens have the freedom to practice any religion of their choice. However, challenges such as intolerance and discrimination, religious fraud, and government regulation of religious organizations still hinder worshippers from practicing their religion freely. It is, therefore, essential for all stakeholders, including religious leaders, the government, and citizens, to work together to ensure that these challenges are addressed and that everyone can practice their religion without fear of discrimination or persecution.

24/04/2023

https://sabexcorporationnews.blogspot.com/2023/04/who-is-pastor-paul-mackenzie.html

The best

24/04/2023

https://sabexcorporationnews.blogspot.com/2023/04/who-is-pastor-paul-mackenzie.html