Welcome to the latest edition of DIFX Dive, your go-to source for a weekly update on the financial markets. This week’s landscape is teeming with significant events that are sure to make waves. From the renowned Jackson Hole Symposium, where central bankContinue reading "Nvidia Earnings Set to Strengthen the AI Boom"
DIFX has officially added Advanced project (AUC), which seeks to provide valuable solutions through blockchain technology to the financially underprivileged in various regions in Asia, Africa, and other underdeveloped areas.Continue reading "New Listing: Advanced Project (AUC)"
Welcome to DIFX Dive, where we plunge into the heart of the week’s most crucial financial stories. This week is brimming with anticipation as nations and economies make their moves on the global stage.Continue reading "Behind the Scenes of Global Markets: As Japan & UK Set To Release Data"
US CPI data is due out this week with expectations that Core CPI grew 4.7% over the year, down from 4.8% of the previous month. The US Treasury Department will auction off 3-year, 10-year, and 30-year bonds this week as they look to raise funds in the bondContinue reading "Dollar Starts the Week Bullish, CPI Data Is Most Likely to Move Markets"
The Core PCE Price Index came out toward the end of last trading week, signaling a cooling inflation rate. Nonfarm Payrolls coming out on Friday will give investors an indication of how the job sector is performing while the market begins to look ahead to September andContinue reading "Nonfarm Payrolls This Wednesday Will Set the Show as Bitcoin Aims for $32k"
Wednesday should bring the final rate increase from the Fed’s aggressive post-pandemic hiking cycle while the ECB is expected to hike rates this Thursday by 25 basis points. The Core PCE Price Index will be released on Friday and as the primary indicator forContinue reading "Markets Have Their Eyes on Wednesday’s FOMC Meeting, Friday’s Inflation Data"
The G20 summit in India will host financial chiefs to discuss global matters, the most pressing topics regarding sustainable financing for developing economies as they struggle to meet interest rate payments whilst facing high borrowing costs, currency devaluations,Continue reading "Dollar Bearish Against a Bullish GBP, Meta Rides the AI Wave"
Ethereum, the second-largest cryptocurrency by market cap, is a favorite amongst a large portion of crypto holders. With the overall crypto market eyeing out a new bull run, we decided it was time to do a check-up on how the protocol is operating in terms of liquidity,Continue reading "Ethereum Market Analysis: Staking & NFTs"
Jobs data came out mixed last Friday with Wages Growth coming out hot while Nonfarm Payrolls cooling off. The labor market still remains tight which means there are more jobs available than unemployed people who are willing and capable of finding.Continue reading "AI Stocks Leading Markets, Ethereum Trading Bullish"
Japan’s Finance Minister says they will take necessary steps to combat Yen’s weakness as the currency hit a high of $145. This is around the same area where the government last stepped in to buy Yen toward the end of 2022. Last week, economic data out of the USContinue reading "Bitcoin is Eyeing $32k as the ETF Fight Drags By"
Last week at the FOMC Press Conference, it was revealed that 12 of the 18 Fed policymakers see at least 2 more quarter-point rate increases before the end of the year and this was met with bearish sentiment for the Dollar. The BoJ has maintained its ultra-dovishContinue reading "Bitcoin and Dollar Bearish as Euro Experiences Upward Movements"
Traders are now pricing in a 75% chance that the Fed will not hike rates at this Wednesday’s interest-rate decision. The Fed has been heavily data-dependent so we can expect this projection to shift when the US CPI data comes out on Tuesday. German CPI data isContinue reading "Markets Await FOMC Meeting on Wednesday as Traders Expect No Rate Hikes"