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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
BrazilBrazil CFTC Brazil Speculative net positions fell to -34,874 in December 2024
FMPMonthlyReleased January 2025
Brazil CFTC Brazil Speculative net positions fell to -34,874 in December 2024, released January 2025, down 1,897 from November's -32,977 reading.
Latest Release
-34874.000000
Actual
—
Consensus
-32977.000000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/BRL | ▼ Inverse | −0.50 | FOREX | Bullish BRL | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
CFTC Brazil Speculative net positions (Brazil) was reported at -34,874.00 in January 2025. The reading fell from the previous value of -32,977.00. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -24,068.00, down from the prior three at -10,752.67.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/BRL (Bullish BRL). A secondary relationship exists with BTC/USD, positively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Unemployment Rate (May 28) and Gross Domestic Product YoY (May 29).
Auto-generated from current model state · Refreshes on each release · Last update January 2025.
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CFTC Brazil Speculative net positions - BR
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About CFTC Brazil Speculative net positions — Brazil
DEFINITION
CFTC Brazil Speculative net positions is a financial indicator that measures the difference between the number of long and short positions held by speculators in the Brazilian market. This data is collected and reported by the Commodity Futures Trading Commission (CFTC) and provides insight into the sentiment and expectations of market participants towards the Brazilian economy. It is used by investors and analysts to gauge potential market trends and make informed decisions.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2025): actual -34,874. Prior reading (Dec 2024): -20,937. Before that (Dec 2024): -16,393.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/BRL (Bullish BRL, r=-0.50) — a useful reference for forex-focused traders.