08
May
Daily derivatives: Bullish pattern is faded
As the bullish pattern is faded and VN30F2205 is testing the demand zone (1,350 pts zone). Traders should stay on the sidelines and wait for the next accurate trading signal.
08
May
As the bullish pattern is faded and VN30F2205 is testing the demand zone (1,350 pts zone). Traders should stay on the sidelines and wait for the next accurate trading signal.
06
May
Long VN30F2205 after ATO session, take profit near 1,450 pts level and stop the loss when there is the closing price below 1,370 ptz level.
05
May
Selling pressure is still strong near 1,400 pts zone and the instrument needs time to fade the current supply. Traders should continue to stay on the sidelines and wait for the accurate trading point.
04
May
Last week, trading activity dropped across the covered warrant market, down 20% WoW. Foreign trading activity remained at normal level and the market continued to end up to be net sold. Notably, covered warrants which have FPT as the underlying asset has attracted most of trading activity for 3 consecutive weeks.
03
May
Selling pressure is still strong near 1,400 pts zone and the instrument needs time to fade the current supply. Traders should continue to stay on the sidelines and wait for the accurate trading point.
29
April
Demand is still weak near 1,400 pts zone as well as selling pressure is not faded. Traders should continue to stay on the sidelines and wait for the accurate trading point.
28
April
Although the short-term price target for the bearish swing is reached, demand is still not strong enough to totally fade the selling pressure. Traders should continue to stay on the sidelines and wait for the accurate trading point.
27
April
The short-term price target for the bearish swing is reached and volatility would increase in upcoming sessions. Traders should continue to stay on the sidelines and wait for the accurate trading point.
26
April
Last week, trading activity ticked across the covered warrant market, up 20% WoW. Besides, foreign trading activity was also increased but the market continued to end up to be net sold.
15
March
Regarding the impact of the global commodity price surge on Vietnam CPI, we estimate that the current value of Brent price could push 2022 inflation to exceed the government target of 4%, mainly through the consumption channel. However, implementing well-established tools allows the Vietnam government to mitigate external shocks proactively. To sum up, we forecast that the global commodity surge would create temporary pressure on Vietnam inflation.
27
December
Key factors that drive the stock market to rise in 2022 include: (1) the Vietnam economy recovering and strong growth in 2022 and (2) new money will continue to flow into the stock market as new cash flows into stock markets and new money comes from capital flows of securities companies to margin.
09
November
A record plunge in Vietnam’s economy in 3Q21 has threatened economic prospects in the medium and long term growth. The government is standing in a right place to mitigate the lingering impact of the current outbreak and the next ones if they take appropriate actions in an appropriate timing and appropriate way. Recent macro and policy developments are signaling that the ongoing economic recovery would be smooth and sound, but it needs a booster shot, a sufficiently large fiscal relief package, to accelerate recovery momentum and help economic growth back on track. From our view, the “Economic Recovery and Development” fiscal support package, if successfully passed, would be a key to unlocking the full potential of the economic recovery.
26
July
Amid a widespread COVID-19 delta attack in the Southeast Asia region, Vietnam is stepping into the worst outbreak in both its health and economic impacts. Although the government actively deployed various solutions to follow the twin target that effectively controls the pandemic and promotes socio-economic development, the negative impact of economic recovery is inevitable. We predict that the COVID-19 economic impacts on domestic consumption and production levels would be partly reflected in oncoming macroeconomic updates under strict lockdowns nationwide.
18
June
Surging commodity prices and increasing inflation recently pose a considerable risk to global economic stability. However, the majority of global economists and monetary policymakers just saw this phenomenon as a transitory factor, and this trend would eventually reverse to a normal track in the medium- and long- term. Regarding Vietnam's situation, we saw a stable demand-supply balance in major commodities and well-controlled price conditions. The inflation shock in the near term, if it happens, would be expected to be transient and bear a little risk to the economic stability.