Tuesday, July 17, 2012

 

ECB Announcement Generates Massive Month End Short-Covering Rally ; Barclay CTA Index Down 1.81% in June

FAIRFIELD, Iowa, July 17, 2012– Managed futures lost 1.81% overall in June according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 0.03% year to date.

“The month-end ECB agreement to make loans directly to eurozone banks drove prices in some of the major equity, currency, and commodity markets to their largest one-day moves of the year,” says Sol Waksman, founder and president of BarclayHedge.

Read the entire Managed Futures Press Release by clicking here.

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