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1. Memorial Day’s Global Impact: Memorial Day in the US makes for a short trading week. Europe also has Monday off, and in Asia, Friday is a holiday. All of this means a slower week on the global markets. But as we all know, the financial world never really sleeps and the calm could be the perfect storm brewing beneath the surface.

2. A Gentle Surge in Prices: Last week saw a modest increase in prices. Although it’s a gentle rise, it’s a rise nonetheless. We have to ask ourselves whether this trend is sustainable or just a brief pump.

3. US Debt Ceiling Lifted – A Facade of Positivity?: It’s official, the US debt ceiling has been successfully raised. At first glance, this may seem like a cause for celebration, a momentary sigh of relief for the financial markets. However, I get the feeling that this could potentially paint a misleading picture of optimism.

4. Eurozone Inflation Figures: This week also brings the announcement of the inflation figures in the Eurozone. This piece of the puzzle will provide insight into the economic health of the European Union. Will the numbers meet expectations, or will they serve as a wake-up call to reassess our financial strategies?

5. MetaChain’s Testnet Launch: Provided everything goes according to plan, MetaChain is expected to enter its testnet phase this week. This will be a pivotal moment for the project.

In conclusion, although this week may seem quiet at first glance, there are certainly undercurrents which can potentially affect the summer period!

Julian​
CEO CakeDeFi.com

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