Proactive in dealing with exchange rate pressure
Recently, the State of Bank (SBV) withdrew VND 30,000 billion through the T-bills channel, contributing to reducing exchange rate pressure. This is just one of the moves...
Recently, the State of Bank (SBV) withdrew VND 30,000 billion through the T-bills channel, contributing to reducing exchange rate pressure. This is just one of the moves...
A plethora of central bank meetings this week threatens to temporarily reverse the significant fall in currency market volatility that has been in place for some time.
According to financial analysts, deposit rates have hit their lowest level in years and would be tough to cut further, while lending rates continue to fall.
That’s what we think other G10 central banks should – and will - do when they consider rate policy this year. It means that they should still push ahead with rate cuts...
Currency markets have been remarkably stable; particularly the key currency pairing, euro/dollar. But why is that, and is it likely to persist?
Inflation is crucial, and, on this score, the risk is that the Fed will have to keep rates higher for longer; not the ECB.
The Fed Chairman's testimony to Congress and February's nonfarm payrolls data (NFP) are expected to have a significant influence on gold prices next week.
We’ve already seen in the space of a few short weeks the market adjust its expectations for rate cuts this year from around six 25-bps reductions to four.
In 2024, production will gradually recover so imports will likely grow a bit faster than exports, but in general, the overall balance will still help Việt Nam take the...
US inflation has increased faster than anticipated, raising concerns that the Fed will continue to delay interest rate cuts. This may put the gold price under pressure.
Just as G10 central banks collectively tightened policy through 2022 and much of 2023, so markets anticipate a collective easing of policy starting in the next few...
Despite many upheavals around the world, we’ve not seen a significant financial crisis.
If investors want to seek safety from the global risks, how can they find it?
According to Mr. Nguyen Minh Tuan, CEO of AFA Capital, the rising free USD exchange rate has little impact on the fx market. In 2024, the VND's depreciation range...
If you look at market pricing of rate policy this year, you will see that it projects that the ECB will start to reduce rates a little later than the Fed and cut rates...
There continues to be a good deal of focus on financial market pricing of central bank policy this year, particularly the Fed.
There continues to be a good deal of focus on financial market pricing of central bank policy this year, particularly the Fed.
There seems to be a pretty common narrative that if inflation starts to stick, rather than fall, it will either delay central bank easing or, at worst, force more rate...
Gold prices will be driven by global uncertainties and Fed rate decreases next week.
If you look at financial market pricing of future monetary policy for the Fed and ECB this year, you will see that the Fed is projected to cut rates just before the ECB.
The US dollar has started 2024 in pretty stable fashion and this stability may continue until two key questions are answered: will the Fed ease policy as the market...
The release of US inflation data next week will have a direct impact on gold prices.