Morning Brief 10/07/2024
GLOBAL MARKET
39,291.97
1D -0.13%
YTD 4.18%
5,576.98
1D 0.07%
YTD 17.59%
18,429.29
1D 0.14%
YTD 24.81%
12.51
1D 1.13%
8,139.81
1D -0.66%
YTD 5.42%
18,236.19
1D -1.28%
YTD 8.75%
7,508.66
1D -1.56%
YTD -0.29%
84.75
1D -1.29%
YTD 10.03%
2,367.25
1D -0.28%
YTD 13.99%
The S&P 500 and Nasdaq nabbed new record closes on Tuesday (and also each notched their sixth straight day of gains) as rate cut hopes remained intact after Federal Reserve chair Jerome Powell kicked off his semiannual update to Congress. In prepared remarks, the central bank leader said he's encouraged by evidence of cooler inflation, but that the Fed still needs more "good data" to be confident that inflation is moving towards its 2% target.
VIETNAM ECONOMY
4.99%
1D (bps) 9
YTD (bps) 139
4.60%
YTD (bps) -20
2.30%
1D (bps) -5
YTD (bps) 42
2.71%
1D (bps) 2
YTD (bps) 53
25,425
1D (%) -0.08%
YTD (%) 3.73%
28,130
1D (%) -0.12%
YTD (%) 2.75%
3,565
1D (%) -0.03%
YTD (%) 2.56%
The dollar was on the front foot on Wednesday having rebounded from a three-week low after Federal Reserve Chair Jerome Powell struck a cautious tone on how soon interest rate cuts would come. Oil prices rebounded on Wednesday following three days of declines after an industry report showed U.S. crude and fuel stockpiles fell last week, indicating steady demand.
VIETNAM STOCK MARKET
1,293.71
1D 0.79%
YTD 14.31%
245.66
1D 1.03%
YTD 6.81%
1,321.78
1D 0.45%
YTD 16.80%
99.25
1D 0.68%
YTD 13.32%
-449.71
24,742.92
1D 9.31%
YTD 30.94%
In the July 9 session, proprietary traders net bought VND266 billion, mainly including FPT VND93 billion, VNM VND32 billion, etc.
INTRADAY
VN30 (12M)
SELECTED NEWS
- Vietnam has the potential to become a world logistics center;
- Submit a plan to solve the Thai Nguyen Iron and Steel project phase 2;
- Rubber prices increased for 4 consecutive months;
- The EU temporarily suspends the process of considering Georgia's admission;
- Overall US household debt rose to USD17.7 trillion;
- New UK finance minister Rachel Reeves vowed to immediately "fix the foundations" of Britain's economy.
EVENT CALENDAR
No event for this day
No event for this day
No event for this day
No event for this day
No event for this day
No event for this day
No event for this day
Pinetree Securities Corporation
-
Zalo OA: Chứng khoán Pinetree
-
Fanpage: Chứng khoán Pinetree
-
Youtube channel: Pinetree Securities
The posts are using photos and images from freepik and other free image stock websites.