The Daily LEO #344 | Stocks to Rise This Year, Crypto Report for G20 & China's Exports Drop by 8.8%

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3 reasons stocks will keep rising this year

Bulls and bears are having an immense conflict in the markets. According to BMO Capital Markets Chief Investment Strategist Brian Belski, even though there has been some volatility in the stock market, his expectation is higher-highs on the charts. Historically, upwards trends in Q4s, the success of "soft landing" without recession and more profits made by companies. ...


China’s exports drop by 8.8% in August as trade slump persists

In 2023, imports have decreased monthly from the previous year. Since April, Chinese exports have decreased annually for each month as global demand for Chinese goods did not go up. This might be a sign of slowing down in the global trade even further. ...



Crypto Volume

Crypto Spot Market August Trading Volume Hits 4.5-Year Low as Volatility Fails to Spur Activity

The lowest trading volume since the bull run in crypto in 2019! This is a sign of a possible accumulation phase in which there is less volume and fewer traders from the positive side. It might be a sign of less popularity of centralized exchanges. However, as far as what data says, crypto is like a ghost town. ...


IMF, FSB release joint policy recommendations for crypto assets at request of G20

The Indian presidency of the G20 requested the policy paper, which contains recommendations for regulating activities related to stablecoins and decentralized finance (DeFi). A long-waited step by G20 into crypto space. ...


Vitalik Buterin Pushes for ‘Privacy Pools’ to Balance Anonymity With Regulatory Compliance

Privacy and anonymity are given importance by lots of crypto enthusiasts. Even though they might make things complicated for policymakers, it is a right of humans. Today, Vitalik co-authored an article that is based on privacy-preserving blockchain protocol that adheres to international regulations. ...



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