Vietnam Insight

Global stock market have declined during the week after the speech of the Fed chair at the Jackson Hole conference last weekend. US economic data just released was not strong enough to support the market rebound. European and Asian stocks were no exception.

Crude oil had a strong weekly decline, WTI slipped more than 6% for this week. In the cryptocurrency market, bitcoin has just lost the $20,000 threshold.

Vietnam stock market had a cautious trading week. Money flow is strongly differentiated between industry groups and stocks in the industry.

Technical perspective.