Market Report Week 37 - Global stocks are green, Vietnamese stocks have a week of decline but still maintain important support
11/09/2022

Summary

Global stock markets had a week of rebound after two consecutive weeks of declines. This was pushed by investor sentiment, which has reached the negative threshold and stimulated strong bottom-fishing demand again. Crude oil balances around $86/barrel after a sharp drop during the week, Natural Gas prices also cooled.

Vietnam's stock market had a strong decline week. Pessimistic sentiment overshadowed the market, however, the bright spot is the support threshold around 1,220 points (MA50) still holds.

Next week, the focus of investors will wait for the release of CPI data in the US and UK; as well as data on PPI, retail sales.

Perspectives and recommendations

Category
Weekly
Author
SSV
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