Market closure September 27, 2024

USA MARKETS

We have the US stock exchanges with a mixed session, observing how the SP and the Nasdaq give up positions. The Dow remains firm at the market close on the 27th, Friday.

US Yield Curve Indicator

The yield curve represents the difference between short-term and long-term government bond yields. 2-year and 10-year bonds are generally the most widely borrowed, but other horizons such as 5-year and 30-year can also be used.?

In general, long-term bonds offer higher yields to compensate for the additional risks associated with a longer investment period.?

This creates a rising yield curve in normal times.?

However, when investors anticipate a recession, they prefer long-term bonds, causing their yields to fall below those of short-term bonds, inverting the yield curve.?

This is what happened from July 2022 to September 2024, and yet there was no recession.?

In fact, since September, the 10-year has risen above the 2-year.

EUROPE STOCKS MARKETS

Incredible historical highs in the European stock markets.?

The persistent rebound in the values most exposed to China continues.?

The selective Stoxx 600 is going to say goodbye to its best week in more than a month, after previous falls.

Personal goods and home, luxury is there, earns 1.6% today.

In addition, and regarding inflation in France and Spain, with good data, they bless the ECB's interest rate cuts.

DATA CRYPTO

RW Crypto refers to Real World Assets (RWAs) in the context of decentralized finance (DeFi). RWAs represent physical assets like real estate, commodities, or private credit, which are tokenized and integrated into the blockchain. This concept aims to bring traditional finance (TradFi) assets onto decentralized platforms, enabling broader access, increased liquidity, and more investment opportunities.

By converting these assets into digital tokens, RWAs allow fractional ownership, making it easier for more people to invest. This process increases the liquidity of traditionally illiquid assets (such as property), allowing them to be traded more efficiently.

YTD is the sector that is rising the most, due to the possibilities it offers.

And although bitcoin and ethereum could continue to rise, the RWA sector should also continue to achieve better results in 2024 amont others.

BITCOIN SUPER CHART

After the great bullish climb, bitcoin remains within the zone of bearish laterality, of continuation (channel in the so-called "flag" figure).

In recent weeks we have been commenting on how it moves away from its bottom and now, it is very close to the ceiling of this channel.

The chances that it ends up surpassing and continuing the upward trend are high.

(FGI BTC) Bitcoin Fear and Greed Index

The Bitcoin Fear and Greed Index is a tool that helps investors and traders analyze the Bitcoin and Crypto market from a sentiment perspective.?

Currently we have the FGI is 64 points.

Bullish pressure for bitcoin, and as we have been talking about in recent weeks, it was something to expect after support in the FGI and bullish turn.

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