Asia futures vol surge contrasts collapsing COMEX OI/low activity
Key Questions
What is the turnover for CN gold futures in March?
CN gold futures turnover broke RMB10T in March, up 68.55% YoY on SHFE. This marks a surge in Asia futures volume.
How has COMEX gold OI and activity changed?
COMEX OI is collapsing with low volume and thin liquidity. This contrasts sharply with Asia's vol surge.
What did the latest CFTC report show for gold net longs?
CFTC reported net longs declining week to Apr7: -3.2K non-comm to 159.9K, net 105K. Speculative positions decreased in COMEX gold futures.
What trading factors are highlighted pre-FOMC?
CVD/algos/CTA skew and triad dynamics suggest pre-FOMC/CB squeeze. Polymarket offers real-time odds on COMEX gold futures.
Why is Asia futures vol surging versus COMEX?
Asia sees +68.55% YoY turnover while COMEX faces OI collapse/low activity. This divergence may signal shifting liquidity pre-key events.
CN gold futures RMB10T Mar (+68.55% YoY SHFE) vs COMEX OI collapse/vol low/thin liq; CFTC net longs decline week to Apr7 (-3.2K non-comm 159.9K, net 105K); CVD/algos/CTA skew calls; triad pre-FOMC/CB squeeze.