July 2024 Sector and Index Performance

During the month of July, Interest Rates (+1.25%) and the S&P 500 Index (+1.13%) were the top performers. The bottom performers were Energy (-8.14%) and the S&P GSCI (-4.66%). The Bearish performance in Energy (-8.14%) was largely led by Natural Gas (-21.72%).  The increase in the Currency (+0.43%) sector was led by bullish performances in the Japanese Yen (+6.91%) and the Swiss Franc (+1.78%). Unemployment reports come out tomorrow , 8/2 at 7:30 am CST. There will be no FOMC meeting in August. The next meeting will be September 17th and 18th. The CME Fed watch tool has a 79.5% chance of a rate cut scheduled for the September FOMC meeting.

 

 

July 2024 Sector and Index Performance

 

For month-to-date and year-to-date CTA rankings, please remember to visit our CTA Database. If you do not have a login and wish to register for free, please click here.

Sector & Index Performance Consists of the following:

Grains: Corn, Soybean Meal, Oats, Soybeans, Soybean Oil, Wheat, Rough Rice. Livestock: Live Cattle, Feeder Cattle, Lean Hogs. Softs: Cocoa, Orange Juice, Sugar No. 11, Random Length Lumber, Coffee, Cotton No. 2. Currencies: Euro Currency, Japanese Yen, British Pound, Canadian Dollar, Swiss Franc, US Dollar, Brazilian Real, Mexican Peso, Australian dollar. Indices: S&P 500, Mini Dow, Mini Nasdaq. Interest Rates: 30-year t-bond, 10-year t-note, 5-year t-note, Eurodollars. Metals: Gold, Silver, Copper, Platinum, Palladium. Energy: Crude Oil, Reformulated Gas, Natural Gas, Heating Oil, Denatured Fuel Ethanol. Crypto: Bitcoin and Ethereum. S&P 500 Index – All data collected from investing.com. S&P GSCI Index – data collected from us.spindices.com/indices/commodities/sp-gsci.