Category Archives: Market analysis

TOPI NEWSLETTER WEEKLY APRIL 1, 2023

1- Market information In a speech in Washington on April 6, IMF Managing Director Kristalina Georgieva forecast that the world economy will grow about 3% in the next half decade, due to rising interest rates. This is the lowest medium-term forecast since 1990, and is 3.8% below the five-year average over the past two decades. […]

TOPI NEWSLETTER WEEKLY APRIL 2, 2023

The USD depreciated compared to other major currencies, after data showed that inflation in the US is cooling, which may cause the Fed to stop raising interest rates. On April 13, data from the US Department of Labor showed that the country’s producer price index (PPI) in March dropped the most in nearly 3 years. […]

TOPI NEWSLETTER WEEKLY April 3, 2023

On April 18, China’s National Bureau of Statistics announced that the country’s GDP increased by 4.5% in the first quarter compared to the same period last year. This speed is higher than the previous quarter (2.9%) and exceeds analysts’ forecasts (4%). After the Russia-Ukraine conflict, Western powers changed their thinking about their strategy with China. […]

TOPI NEWSLETTER WEEKLY MAY 1, 2023

On May 3, the US Federal Reserve (FED) announced an increase in reference interest rates by 25 basis points (0.25%), despite fluctuations in the banking industry. Reference interest rates in the US are currently around 5-5.25%. This is the highest level in more than 15 years. Last week, another bank in the US collapsed since […]

TOPI NEWSLETTER WEEKLY MAY 2, 2023

Deflationary pressure on China is increasing as prices last month increased by only 0.1%, showing that domestic demand is still weak. China’s National Statistics Agency has just announced that the country’s consumer price index (CPI) in April increased only 0.1% over the same period last year. This is the slowest speed since February 2021. Two […]

TOPI NEWSLETTER WEEKLY June 1, 2023

According to China’s National Bureau of Statistics, the country’s consumer price index (CPI) increased by 0.2% in May compared to the same period last year. Meanwhile, the producer price index (PPI) decreased by 4.6% in May, larger than the previous month and also the worst in 7 years. These two indicators show that the world’s […]

MACROECONOMIC REPORT MAY 2023

World economic context In the world market, Central Banks seem to be close to their target interest rates. However, the possibility of increasing interest rates in the next meetings is still open. Data after China’s opening period has not been as expected. Vietnam’s economic situation According to VCBS’s assessment, in general, production conditions still have […]

TOPI NEWSLETTER WEEKLY June 2, 2023

1- Market information After 10 consecutive increases, the US Federal Reserve (Fed) paused to further assess the impact of previous moves on the economy. According to the announcement on June 14 after the two-day policy meeting, Fed officials considered not raising interest rates this time a prudent move. However, most of them think they need […]

Investment strategy report June 2023

Market commentary: Summary of May The market movement in May was completely opposite to the movement a month earlier, the VNIndex overcame the prolonged inertia of correction and recovered, closing at 1,075.11 points, +2.48% MoM, especially Trading liquidity improved positively with total trading value reaching 245.5 trillion VND, +9.3% MoM. Market movements recovered slowly with […]

TOPI NEWSLETTER WEEKLY June 3, 2023

1- Market information After months of decline, natural gas prices this month in Europe increased by more than 50%, recalling worries about last year’s energy crisis. Data from commodity price research firm ICIS shows that gas futures prices in Europe have increased 52% since the beginning of this month, reaching 35 euros ($38) per megawatt […]