Morning Call 12/10/2022 - It’s always darkest before the dawn, the BoE intervened again in the bond market
12/10/2022

Summary

Global stocks are diverged. The yield on Britain’s 10-year Gilt retreated to 4.4% on Tuesday, after briefly approaching a fourteen-year high of 4.5% early in the session, as the Bank of England (BoE) intervened again in the bond market.

Domestic stocks dropped again, testing the psychological threshold of 1000 points. In the past, when volatile events affected the banking industry, the market dropped sharply but there was a period of bottoming and a strong recovery afterwards.

 

  • Domestic and international news
  • Past events of the banking industry and market reaction #ACB, #BID
  • Technical view and recommendations
Category
Daily
Author
Le Tran Khang
Details

Page: 12

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File format: pdf

Size: 1.49 MB