While futures speculation appeared to have affected prices in the short term only, efforts to reduce such speculation might have unintended, longer-term consequences, the paper said.

该报告称，虽然期货投机似乎仅给价格造成短期影响，但为减少这种投机而付出的努力可能会产生意想不到的长期后果。

youdao

The first is that it's mainly speculation - that investors, looking for high returns at a time of low interest rates, have piled into commodity futures, driving up prices.

第一种观点指出上涨的原因主要是投资者为了追求更高的利润，在银行利率走低的时候囤积商品而造成的投机行为。

youdao

The steep rise in food prices, she argues, is the result of speculation in the futures markets; the famine is a chance for stricter financial regulation.

她认为，粮食价格的剧增，是期货市场投机活动的结果；而这次饥荒也是严格财政控制的良机。

youdao

This must indicate the regulators want to wipe out the traders in leveraged gold and silver futures to get speculation and volatility out of the gold and silver markets.

FORBES: Silver Down 30%, Gold Off 11% As Panic Hits Precious Metals

Meanwhile, events in two large oil-producing countries are feeding speculation in futures markets.

ECONOMIST: Oil prices

The CFTC deals with futures markets, where speculation is a tool that participants use to determine the future price of a good.

FORBES: Magazine Article