Vietnam Insight

US stocks prospered at the weekend with earnings reports from Big Tech such as Microsoft, Meta, .., despite economic growth of only 1.1% in the first quarter. Markets are pricing in an 85% chance of the Fed raising rates by 25 basis points at next week's meeting, the CME FedWatch tool shows. Traders expect this rate hike to be the last in the fastest cycle of monetary policy tightening by the US central bank since the 1980s.

Vietnam Securities: Cash flow was cautious at the beginning of the week and buying power increased from the middle of the week with good news  such as Circular 02 stipulating that credit institutions and foreign bank branches restructure debt repayment terms and keep debt groups unchanged to support assisting customers in difficulty; Circular 03 allows credit institutions to repurchase corporate bonds from April 24 to December 31, 2023.

• Movement of cash flows and capital flows
• Top stocks worth noting
• Macro data