Market Report Week 06 - Falling momentum dominated, the market continued to move lower
Global stocks had a struggling trading week but lost momentum towards the end of the week and reversed to decline. The wave of interest rate hikes from central banks continued to cause concern among investors. The jobs report remains strong in the US, showing a stubbornly tight labor market that dashes hopes the Fed will end its rate-raising cycle soon.
Vietnam stocks continued to drop, the absence of cash flow accepting new buys at high prices along with selling pressure completely dominated, pushed the index to close the week in the red. Money flow was strongly diverged with the market breadth narrowing significantly, green color seems to be rarer.
- Capital Flow & Trading activity
- The top market liquidity
- Other Macro data
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