Morning Call 24/10/2022 - The journey to find the bottom is still uncertain, optimistic signals from global stocks
24/10/2022

Summary

Global stocks close volatile week with higher recovery. Some Fed officials are signaling a desire to slow down the pace of rate hikes to gauge the impact of such tightening on growth, a Wall Street Journal report showed.

Domestic stocks dropped when the sideways movement with low liquidity pushed the cautious sentiment high. More businesses update business results. It is estimated that for the whole year, GDP growth rate will reach about 8%, exceeding the set target.

 

  • Domestic and international news
  • Yen recovers strongly against USD, doubts BOJ will continue to intervene
  • Technical view and recommendations
Category
Daily
Author
Le Tran Khang
Details

Page: 12

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File format: pdf

Size: 1.35 MB