Morning Call 11/01/2023 - The sideways trend dominates, the money flow diverges again, ASEAN – A bright spot for pangasius exporters in 2023
11/01/2023

Summary

Global stocks trading struggled. On the policy front, Federal Reserve Governor Michelle Bowman was among the latest officials to warn that rates will have to rise further to bring down inflation to its 2% target. Meanwhile, in a speech delivered to Sweden's Riksbank, Chair Jerome Powell emphasized the need for the central bank to be free of political influence while noting that climate change should not be a priority for monetary policymakers. 

Domestic stocks continued to hesitate, sideways trend dominated. November 2022 – for the first time since the beginning of the year, seafood export growth fell to a negative level (down over 14%) compared to the same period last year, reaching only about 780 million USD. However, in the first 11 months of 2022, Vietnam's seafood exports reached 10.2 billion USD, up nearly 28% over the same period in 2021.

 

  • Domestic and international news
  • Update on seafood export situation in the first 11 months of 2022 #ANV #IDI #VHC
  • ASEAN – A bright spot for pangasius exporters in 2023 #ANV
  • Technical view and recommendations

 

Category
Daily
Author
SSV
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