Global stocks reversed after US CPI released higher than expected. US CPI in August increased by 0.1% compared to July (forecast to decrease by 0.1%) and 8.3% over the same period last year. Excluding food and energy prices, core CPI increased by 0.6% compared to July, and 6.3% compared to August 2021.
Domestic stocks traded cautiously. Vietnamese rice prices increase after India restricts rice exports. The potential of food businesses is there, but there are not many changes due to the influence of many factors, the price movement will depend on the general trend of the market.
- Domestic and international news
- Update food sector #LTG #PAN #TAR
- Technical view and recommendations # CTG
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