Vietnamese economy in 2024: Stable exchange rates, more interest rate cuts needed
According to Mr. Phung Xuan Minh, Chairman of Saigon Ratings, Vietnam's economy steadily recovered in 2023, stabilised, and laid the groundwork for development...
According to Mr. Phung Xuan Minh, Chairman of Saigon Ratings, Vietnam's economy steadily recovered in 2023, stabilised, and laid the groundwork for development...
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.
We’d still expect the US dollar to rally for the safe-asset reasons.
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.
Last week’s FOMC meeting was generally seen as somewhat more hawkish than expected. A few days later, US payroll data for January was a lot stronger than anticipated....
The global economy has defied a hard landing in 2023. As 2024 unfolds, a new but more complex economic landscape is taking shape.
If investors want to seek safety from the global risks, how can they find it?
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...
Banks are set to continue their practice of paying stock dividends this year in order to bolster their capital and attract cash flow, driven by positive prospects.
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.
Nguyễn Thị Hương, head of the General Statistics Office (GSO), spoke to Vietnam News Agency about this breakthrough year in the five-year economic development plan for...
Deposit interest rates at four major banks of Vietnam were adjusted sharply, down by 0.4% per year from the previous listings, bringing the rate to 1.8% per year at the...
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...
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.
Although interest rates have continued to drop sharply, firms say it is still difficult for them to access loans.
As this is the last daily commentary of the year we thought that we’d outline some of our assumptions for next year and how these shape our predictions for financial...
Perhaps understandably, there’s been what might be called ‘rate-cut-creep’ in the markets as it seems that both analysts and market pricing have inched forward the...
Investors want to buy assets ahead of a possible surge in prices as they know that the last two easing cycles have created what many describe as “everything bubbles”.
It seems that developed-country central banks have finished their tightening cycle, with the exception of the BoJ which has yet to start. But those banks meeting this...
The euro has come under some modest pressure recently against other developed currencies.
Forecasts for a weaker US dollar through 2024 rest heavily not just on the Fed starting an easing cycle, but also that this cycle either causes, or is consistent with, a...