Many Wall Street Players share the opinion that stocks will move higher and faster this year from this point on. The idea is based on the perceived broadening of the market rally. The market’s rally is also believed to provide a soft landing for the economy despite the rate hikes.<\/span><\/p>\n
A few other analysts see it as a false flag, however. There are arguments that the stock market is overbought and is heading for a correction.<\/span><\/p>\n
In Asia, the markets are getting ready for a bust week. They expect the release of different data and the outcome of central bank meetings in Europe and the US. They also anticipate the end of monetary policy tightening in both places.<\/span><\/p>\n
The Bank of Japan will meet on Friday but it is expected to continue with its loose monetary policy.<\/span><\/p>\n
The crypto market did not enter the new week with much strength s it is down by 0.18%. The top gainers on CoinMarketCap gained by very little margins. Despite that, the market’s trading volume in the last 24 hours was up 7.49%.<\/span><\/p>\n
If the trading volume keeps going high at that rate, then a rally is imminent. Hopefully, the expected economic data for the week will not put press on the crypto market but rather elevate it. If rate circles are halted in the US and possibly the EU, traders, and investors may have a sharper appetite for more risky assets.<\/span><\/p>\n
\nIt's launch day for #BurnKennyToken<\/a> <\/p>\n
⏰ is 1800 (6pm) CET
🖱️ https:\/\/t.co\/XPzoyXhKTh<\/a> is where to claim\/buy<\/p>\nContract is deployed, LP added and locked but trading isn't possible until we go live! pic.twitter.com\/gGEXmZzfGj<\/a><\/p>\n
— Burn Kenny (@BurnKennyCoin) July 24, 2023<\/a><\/p><\/blockquote>\n