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Notes from the Trading Desk #4

Pionex Trading Desk 3/13/2023 News & Events An absolutely crazy week in the markets.  SVB and Signature bank took over by FDIC Fed, Treasury, and FDIC will cover all depositor’s money secured or unsecured in the banks taken over Fed…

Notes from the Trading Desk #3

Pionex Trading Desk 3/7/2023 Fundamentals Powell is speaking to House & Senate at 10 am EST today and tomorrow. He is expected to give further clarity on the economic conditions of the US and how rate hikes are working. This…

Notes from the Trading Desk #2

Pionex Trading Desk 2/28/2023 News SEC Chairman Gary Gensler says, “everything is a security, except Bitcoin,” in an interview with NY magazine earlier this week. Plus, 3 US government agencies put out a statement about liquidity risk in stablecoins and…

Notes from the Trading Desk #1

Pionex Trading Desk 2/23/2023 Thoughts and Trades Last week’s momentum was driven by the rumor of a proposal in Hong Kong to allow retail traders to purchase crypto currency. The narrative was then expanded into China is behind this and…

Perpetual Futures was officially launched

The public test was successfully completed on February 14th, 2023 (Singapore time), and Pionex Perpetual Futures was officially launched! What are the features of Pionex Futures? Supports up to 100x leverage Optimized for market depth and slippage for mainstream coins…

FOMC this week

Major event warning 1-27 Friday PCE price index 5% actual vs 5.5% expected. Inflation cooled more than expected in Energy prices, while others were within expectations. Core CPE was in line at 4.4% 1-31 Tuesday ⭑ Chicago PMI 45.1 expected.…

2023 Crypto Market Outlook

2022 Negative News Highest Inflation in 40 years Increased likelihood of a recession Russia & Ukraine war Fastest interest rate increase since the 1970s in America Reduced money supply and liquidity hurting investment valuations of most types Bankruptcy of centralized…

Dr. Pi: Robo-Advisor for Structured Products

The most difficult part of structured products for first-time users is to set up the parameters. Our Robi-Advisor aims to assist crypto beginners to easily select the best-fit parameters with few simple clicks. Whether you are conservative, moderate or aggressive…

Macro Week

​​Major event warning 12-13 Tuesday CPI data for Nov at 8:30 AM EST. This will be very important as it is one day before the FOMC meeting. It is expected to come in at 7.3% increase YoY. 12-14 Wednesday  Federal…

Good News, Bad News

Major event warning 12-1 Thursday ISM manufacturing PMI 49 vs 49.8 expected. This is a leading indicator of manufacturing payrolls by 7 months. This aligns with our view of recession and increased job losses into mid-year 2023. 12-5 Monday ISM…

Thanksgiving Event Winner Announcement

Dear Pionex users, The winners of the Thanksgiving event have been randomly selected. The Ethereum awards will be distributed to your Pionex account within 10 working days. A reward confirmation email will be sent within 3 working days as well.…