COVID-19 Europe Made Headlines with an acceleration in their case count during September to levels that matched or exceeded the case level in the US (45,000 or more per day on average) and at roughly the same amount of deaths (800 or so per day on average). Total 2020…
OPEC+ Maintained Production Cuts to 7.7 million barrels per day (mbpd) assuming that one does not count Iranian smuggling. OPEC itself pumped about 24.4 million barrels per day (mbpd) on average in September, a Reuter’s survey found, up 160,000 bpd from August’s revised figure and a further boost from the…
2020 has been a mixed bag for CTAs thus far. CTA indices are also mixed, with Barclay’s CTA index posting a positive YTD return, while the SG CTA index is posting a negative return. Agricultural strategies, which had been out of favor over the past few years are making a…
During the month of September, the top 3 performing sectors were: livestock (13.48%), grains (5.52%), interest rates (-0.13%), and the Barclays CTA Index (-0.13). The bottom 3 sectors were: softs (-8.51%), metals (-4.75%) and the indices (-4.14%). Grains and livestock showed strong returns as demand increased on a global scale.…