Morning Call 08/11/2022 - Confidence is lost, it takes time for the market to consolidate, Information that is dominating and scenarios for the market
08/11/2022

Summary

Global stocks regained the green at the end of the week. Wall Street rose on Monday as investors turned optimistic ahead of the latest inflation report and the midterm elections later this week. China's exports and imports unexpectedly shrank in October 2022, as high inflation and rising interest rates hurt global demand while COVID curbs at home disrupted output and consumption.

Domestic stocks fell, many stocks hit the floor. Interbank interest rates and USD/VND exchange rate remained high. Besides, loan balance of the whole market increased again in the third quarter after a sharp decline in the previous quarter.

 

  • Domestic and international news
  • Information that is dominating and scenarios for the market
  • Technical view and recommendations #TNG
Category
Daily
Author
SSV
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