Headlines:

• Equities recover a bit of poise on the session
• US CPI the main event this week
• Eurozone July Sentix investor confidence -22.5 vs -18.0 expected
• SNB total sight deposits w.e. 7 July CHF 486.6 bn vs CHF 491.9 bn prior
• BOJ raises economic assessment for 3 of Japan’s 9 regions in latest Sakura report
• China says agrees to keep high-level exchanges with US after Yellen visit
• China’s Xi pledges to continue working with Russia to develop strategic partnership

Markets:

• USD leads, AUD lags on the day
• European equities slightly higher; S&P 500 futures flat
• US 10-year yields flat at 4.048%
• Gold flat at $1,923.62
• WTI crude down 0.7% to $73.36
• Bitcoin down 0.2% to $30,194

It’s a quiet one to start the new week in Europe, as markets are gearing towards the main event – that being the US CPI data on Wednesday.

The risk mood was fairly sluggish early on but things are recovering now ahead of US trading. S&P 500 futures were down as much as 0.5% but are now flat and European indices saw a bit of a rough open before turning the tables to be slightly higher at the moment. Still, it just looks to be a bit of a breather after the heavy selling last week.

Treasury yields were also initially slightly higher but have fallen back to flattish levels, though 2-year yields are down 2.3 bps to 4.908% currently.

In FX, the dollar is recovering some poise as well after the Friday drop following the US non-farm payrolls. USD/JPY in particular was rather perky earlier as it hit 143.00 but has pared majority of those gains to be up by just 0.1% at 142.25 now.

Elsewhere, GBP/USD is down 0.4% to 1.2780 while the antipodeans are the ones struggling the most with AUD/USD down 0.7% to 0.6645 after another rejection at its key daily moving averages near 0.6683-96 on the day.

This article was written by Justin Low at www.forexlive.com.

This comes just days after Yellen’s meeting with top Chinese officials and for Xi to make such a pledge, is basically a bit of a slap in the face to the US. Xi is saying that China will continue working with Russia to develop a „comprehensive strategic partnership of cooperation“.

If you compare the above to the words here, you can tell which one that China seems to be more keen to stick with.

This article was written by Justin Low at www.forexlive.com.

Launched on May 29th, WOW EARN Wallet is now available for
download on Google Play Store and App Store. The platform facilitates the
purchase, exchange, and trading of cryptocurrencies.

Since its release, the platform has been downloaded more
than 300,000 times with a rating of 4.6 on Google Play Store.

What is WOW EARN Wallet?

Established in 2022, WOW EARN is focused on developing
crypto wallets and crypto asset mining services that can provide users with a
smooth Web3 transaction experience. The goal is to build a secure, diversified,
and easy-to-use Web3 platform, so that users can freely buy, trade and exchange
crypto assets without any limitations.

One notable program currently offered is the WOW EARN
Wallet, a crypto wallet that serves as a tool for users to manage funds and
transactions within the WOW EARN ecosystem. This wallet has various features to
manage crypto assets by prioritizing user protection. Users can easily store
and manage their digital assests just by using the WOW EARN Wallet.

“With its cutting-edge features and focus on user safety
and security, the WOW EARN Wallet will redefine how crypto assets are managed.
It will enable individuals to take complete control of their digital assets and
herald a new era for crypto asset security,” according to Yara G, WOW EARN’s
spokesperson.

WOW Earn Wallet supports more than 100 payment methods
available in over 150 countries and regions worldwide. It currently supports 13
public chains, including Bitcoin, Tron, Ethereum, and Polygon, as well as over
80 digital assets. This means users no longer need separate wallets for each
chain.

What Benefits Does the WOW EARN Wallet Offer?

Friendly user interface: WOW EARN Wallet comes
with a user-friendly UI with the latest updates to its platform. According to
the company, the redesigned UI is designed to make it easy for anyone to manage
their digital assets with full control.

Swift transactions: With WOW EARN Wallet,
users can enjoy lightning-fast transactions ensuring quick cryptocurrency
transfers. The simplified interface and optimized transaction procedures enable
easy navigation and instant transfers, avoiding long waiting times.

Enhanced security services: WOW
EARN Wallet offers multi-factor authentication in an effort to protect users‘
privacy and security. Through facial recognition and biometric fingerprint
identification technology, only authorized users are allowed to access their
wallets and assets.

Furthermore, the wallet provides users with full control
over their assets. Private keys are stored in encrypted form on the user’s
local device, and password settings and passphrase features are provided to
offer additional security to users.

Wallet customization: WOW EARN Wallet also
gives users the option to change the view mode to light or dark, as well as the
color of the wallet display according to their taste.

Blockchain explorer and cross-chain bridge swap features: This
wallet has its own blockchain explorer, allowing users to check transaction
records, address balances, and other related information on the blockchain.
Additionally, the wallet supports cross-chain bridge swap feature, which helps
users easily exchange assets between different blockchains. Whether on
different main networks or other blockchain networks, users can quickly and
efficiently convert assets, enhancing liquidity and management convenience.

Investment opportunities and rewards: To
attract more users, WOW EARN Wallet offers an airdrop facility for users to
earn WOW coins as rewards by using this wallet. Furthermore, users have the
opportunity to explore investment opportunities and receive rewards on the WOW
EARN platform. Users can increase their income and expand their network in the
crypto community through the incentive-based referral program offered by WOW
EARN Wallet.

Providing dApps for Web3 exploration: WOW
EARN Wallet offers over 20,000 built-in decentralized apps (dApps) from various
main networks, giving users the chance to explore and participate in a diverse
array of Web3 applications directly from their wallets. With WalletConnect
support, users can easily connect to other dApps for various transactions and
operations, opening up opportunities to engage with various DeFi projects,
explore NFT marketplaces, and join decentralized social networks.

NFT Integration: Currently, WOW EARN
Wallet is in the process of developing a feature to support non-fungible tokens
(NFTs). Once the integration is complete, users will have the ability to
purchase, trade, and manage NFTs, including virtual items, artwork, in-game
assets, and virtual land, directly from their wallets.

Thus, WOW EARN Wallet is claimed as an application that
provides a one-stop-shop service for crypto asset management. Through this
platform, users can enjoy various essential features integrated into one place.
As a result, users can easily manage their digital assets efficiently and
effectively.

A Guide to Creating a WOW EARN Wallet Account

1.
The user should click on the option „Create Identity
Wallet.“

2.
The user will be prompted to generate a mnemonic, which is
a code resembling a keyword. It is important to note that mnemonics are highly
confidential. In this step, users have the option to choose a 12-bit to 24-bit
mnemonic and can modify the code group.

3.
Following that, the user needs to verify the mnemonic code
based on the previously provided numbers.

4.
A transaction password, consisting of a 6-digit number,
must be created by the user.

5.
The process of setting up a WOW EARN Wallet account is now
complete.

A Guide to Starting Mining WOW Token

1.
The user should access the „Dapp“ tab located on
the main page of the app. They can find WOW EARN listed under the DeFi
category.

2.
Users will be redirected to the wowearn.com website, which
facilitates the mining of WOW tokens. Within this interface, users can create
mining teams consisting of one to seven members. Each user has the option to
invite friends by sharing a link or QR code.

3.
To initiate the mining process, users can simply click the
designated button displayed on the screen.

4.
To access the „Menu“ tab, users can tap on the
WOW logo situated at the top left corner.

5.
Presently, wowearn.com supports multiple languages,
including Bahasa Indonesia, thereby catering to users primarily located in
Indonesia.

About WOW EARN

WOW EARN (https://wowearn.com/connects)
users to the blockchain, providing decentralized mining, earning, and trading
mechanisms. The startup’s unique mining model allows anyone to participate in
the mining process, making it a key player in driving the DeFi ecosystem’s
growth.

In early June, WOW EARN announced that the company
successfully raised USD 30 million in Series A funding, equivalent to IDR 451.6
billion. This funding round was led by prominent venture capital firms,
including Pinnacle Innovations Capital, Blue Horizon Ventures, Ascendant Growth
Partners, Nexus Pioneers Capital, and Quantum Leap Ventures.

The recent financial support has strengthened WOW EARN’s
vision of bringing democratization to cryptocurrency mining by providing easy,
profitable, and secure access. The platform offers an Annual Percentage Yield
(APY) of up to 13.39% and has partnered with Hacken, a leading blockchain
security auditor in the industry.

This article was written by FL Contributors at www.forexlive.com.