Vietnam Insight

Global stocks fell again. The Dow closed 234 points lower on Tuesday, while the S&P 500 and Nasdaq 100 lost 0.3% and 0.1%, respectively, as investors digested a slew of economic and earnings releases. Meantime, The yield on the 10-year US Treasury note ticked up to 3.94%, its highest level since November. The three US averages are now heading for a monthly decline as stronger-than-expected US economic data seen earlier this month reinforced the case for further monetary tightening.

Domestic stocks struggled, liquidity fell to low levels. Consumer Price Index (CPI) and Core Inflation have cooled down a bit in February 2023, but are still at a high level. The index of industrial production (IIP) decreased in the first two months of the year, showing that manufacturing activities are still difficult.

• Domestic and international news
• Macro update in February 2023, CPI cooled down but remained high, production activities were still difficult
• Technical view and recommendations #LTG #C4G