World stocks struggled. The 10-year US Treasury note yield consolidated above 3.5% on expectations of further rate hikes by the Fed. Investors were worried by Federal Reserve Governor Christopher Waller's comments leaning toward further policy tightening as both headline and core inflation remain well above the central bank's 2% target. His views prompted investors to ramp up bets on another rate hike in June, following one next month, while scaling back expectations for rate cuts later in the year.
Domestic stocks were balanced around reference with a loss of liquidity. Handling 29 proposals and recommendations in the spirit of the Government accompanying Ho Chi Minh City to remove difficulties. According to the VBMA, in the first quarter of 2023, businesses bought back nearly 30,000 billion VND of bonds before maturity, up 63% over the same period in 2022.
- Domestic and international news
- Updating the number of new Covid-19 cases, the People's Committee of Ho Chi Minh City has just issued an urgent directive
- Update Business Results #VHC #POW #DRI
- Technical view and recommendations
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