Morning brief 03/09/2025
GLOBAL MARKET
DJIA
45,295.69
1D -0.55%
YTD 6.47%
S&P500
6,415.54
1D -0.69%
YTD 9.08%
NASDAQ
21,279.63
1D -0.82%
YTD 10.20%
VIX
17.17
1D 6.51%
FTSE 100
9,116.69
1D -0.87%
YTD 11.55%
DAX
23,487.33
1D -2.29%
YTD 17.97%
CAC40
7,654.25
1D -0.70%
YTD 3.71%
Brent oil ($/barrel)
69.21
1D 1.56%
YTD -7.78%
Gold ($/ounce)
3,341.00
1D -3.94%
YTD 26.79%
U.S. stocks declined on August 29 after a federal appeals court ruled that most of President Trump’s global tariffs were unlawful. Trump denounced the decision as “extremely partisan” and vowed to appeal to the U.S. Supreme Court. The session also saw profit-taking in stocks that had surged recently, with Nvidia dropping 2%, while other major tech names like Amazon and Apple each lost 1%.
VIETNAM ECONOMY
Vnibor
3.84%
1D (bps) 186
YTD (bps) -13
Deposit interest 12M
4.60%
5 year-Gov. Bond
3.11%
1D (bps) -2
YTD (bps) 63
10 year-Gov. Bond
3.59%
1D (bps) 9
YTD (bps) 75
USD/VND
26,502
1D (%) -0.11%
YTD (%) 3.72%
EUR/VND
31,524
1D (%) 0.28%
YTD (%) 15.62%
CNY/VND
3,753
1D (%) 0.08%
YTD (%) 5.39%
Global gold prices continued their rally, breaking above 3,500 USD/ounce to set a new all-time record. Analysts noted that the key driver of this surge is growing market expectations that the Federal Reserve will cut interest rates at its September 17 meeting. According to the CME FedWatch Tool, markets are pricing in more than a 90% probability of a 25-basis-point rate cut.
VIETNAM STOCK MARKET
VN-INDEX
1,682.21
1D 0.08%
YTD 32.79%
HNX
279.98
1D 1.21%
YTD 23.11%
VN30
1,865.38
1D 0.22%
YTD 38.72%
UPCOM
111.00
1D 0.34%
YTD 16.77%
Net Foreign buy (B)
-3,563.79
Total trading value (B)
49,296.96
1D 30.96%
YTD 171.90%
On August 29, the VN-Index closed in the red despite opening with an upward gap, leaving post-holiday market sentiment uncertain. Proprietary trading desks of securities firms extended their net selling, offloading VND 667 billion in the session. The heaviest sales were seen in VIX (VND 106 billion), MWG (VND 103 billion), GMD (VND 59 billion), and FPT (VND 54 billion).
INTRADAY
VN30 (12M)
SELECTED NEWS
- World Bank: Vietnam has sufficient foundations to aim for high-income status by 2045;
- Record: Hanoi collected VND 4,500 billion in just 4 days;
- August 2025 PMI: new orders and employment decline;
- Factory activity in major Asian economies weakens;
- Oil rises more than 2% as Russia–Ukraine tensions escalate;
- USD 2.5 trillion from the Fed has already flowed into markets, Trump wants another USD 3.3 trillion to follow.
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Ex-right date Fri, 12/05/25
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