Goldman Sachs has reduced its trading exposure to commodity risk in the second quarter of 2013

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Goldman Sachs has reduced its trading exposure to commodity risk in the second quarter of 2013. Value-at-risk in commodities stood at $19 million per day, down from last quarter and a year ago. JPMorgan has also reported a fall in VaR in commodities consistent with declining prices for oil, metals and grains over the last quarter. Without segmented trading results for commodities, VaR is considered a key risk-reward indicator for these assets. (VIEW LINK)


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