Vietnam Insight

World stocks extended their rally, following the green color from the previous week. The University of Michigan consumer sentiment for the US rose to 64.6 in January, the highest since April, from 59.7 in December and beating market forecasts of 60.5, preliminary estimates showed. Both current and future expectations improved and inflation prospects for the year ahead fell.

Domestic stocks fluctuated almost unchanged around the reference, hesitancy prevailed. This year, the Ministry of Transport (MOT) was assigned more than 94,000 billion VND of public investment capital by the Prime Minister to invest in a series of important traffic projects, doubling the capital of last year.

• Domestic and international news
• Inter-Market Update, Crude Oil out of risk zone, Bitcoin has a Bullish week
• Technical view and recommendations