Morning Call 04/10/2022 - Panic engulfs the market, has pessimistic sentiment bottomed yet?, Credit Suisse rumors
Global stocks rebound. US stock futures inched higher on Tuesday, as weaker-than-expected manufacturing data allayed fears about the Federal Reserve’s aggressive rate hike path.
Oil prices jumped over 2% on Monday, boosted by reports that OPEC+ was considering cutting output between 500,000 to 1 million barrels a day when it meets on October, 5th.
Domestic stocks lost 1,100 points, many stocks fell to the floor. The Purchasing Managers' Index (PMI) in September in Vietnam reached 52.5 points, continuing to show an expanding trend although lower than 52.7 points in August.
- Domestic and international news
- Credit Suisse rumors?
- Technical view and recommendations
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