Yields and S&P futures fluctuated dramatically📈
Yields spiked initially with 30yr rates touching the highest levels since 2007 shortly after the data release, with yields jumping +16bp on the initial pop with SPX futures dropping by -1.3%. However, just as risk assets were looking for another rough session, sentiment flipped on a dime by the late NY morning as yields staged a 14bp peak to trough turnaround, and S&P staging a >3-sigma intraday move with an astonishing +2.8% recovery. The USD index broke a 12-week winning streak, implied volatility fell, gasoline and industrial commodities eased to the weakest levels in a month, and Nov Fed hiking odds remained steady at just over 20% despite the solid NFP release. All-in-all, a relatively strong 'goldilocks' squeeze to close out the week.
#30yrRates #SPXFutures #USDIndex #Commodities #macro

📈 **Bitcoin Achieves 2nd Spot in U.S. ETF Commodities!**

In a groundbreaking development, Bitcoin has ascended to become the second-largest ETF commodity in the U.S., securing a top-three position in assets under management (AUM):

1. Gold: $96.25B
2. Bitcoin (BTC): $28B
3. Silver: $11.5B

The success of the Spot ETF is monumental, signaling a significant shift in the investment landscape. Bitcoin's rapid climb positions it as a strong contender for the top spot as it continues to grow. 🚀📊 #Bitcoin #ETF #Commodities

🌐 **Market Update: January 24, 2024**

**Global Indices:**
- SPX (S&P 500): 4,780.94 (+0.88%)

**Cryptocurrencies:**
- Bitcoin (BTC): $41,327.20 (-2.82%)
- Ethereum (ETH): $2,491.54 (-0.95%)

**Commodities:**
- Gold: $2,037.80 (0.8%)
- Silver: $22.84 (0.14%)
- Crude Oil: $74.20 (0.16%)

Stay informed on market trends! 📈💹 #MarketUpdate #Stocks #Cryptocurrency #Commodities

🚨🕴️ The U.S. Commodity Futures Trading Commission (CFTC) brings charges against 'Fundsz' operators. Accused of luring investors with promises of cryptocurrency and commodity algorithmic investment gains, the group allegedly raised funds by claiming to deliver 3% weekly profits via their proprietary algorithm. 📉💸 CFTC cracks down on alleged fraudulent schemes in the crypto and commodities investment space. ⚖️🔍 #CFTC #InvestmentFraud #Cryptocurrency #Commodities

The latest market data shows mixed movements:

**World Indices:**
- SPX (S&P 500): 4,924.97 (-0.06%)

**Cryptocurrencies:**
- Bitcoin (BTC) USD: 42,754.31 (-1.25%)
- Ethereum (ETH) USD: 2,309.95 (0.14%)

**Commodities:**
- Gold: 2,059.50 (0.42%)
- Crude Oil: 77.23 (-0.76%)
- Silver: 23.25 (0.13%)

These values represent the recent changes in these markets. Keep in mind that cryptocurrency prices can be highly volatile. #MarketUpdate #Cryptocurrency #Commodities #Indices