Morning Call - Falling momentum narrowed but the buy up motivation was not convincing, need more confirmation signals


Global stocks regained the green before the release of US CPI data. All three major US indexes finished in the green on Monday, as investors looked for clues on interest rate path in Fed officials’ latest comments while awaited the upcoming US inflation report due tomorrow. Investors are expecting inflation to continue to drop to 6.2%. Recently, though, Fed Governor Michelle Bowman was among the latest officials to warn that interest rates would need to keep rising.

Domestic stocks narrowed down, bottom-fishing cash flow entered. The nationwide online conference on promoting the real estate market chaired by Prime Minister Pham Minh Chinh was moved to February 17. Deposit interest rates continued to cool down after the Lunar New Year.


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