Financial Market Newsletter

The USD Index briefly surged to 106,6 yesterday amidst escalating tensions in the Ukraine conflict before cooling off by the end of the day due to diplomatic interventions.

The Governor of the Bank of Japan (BOJ) stated yesterday that a further interest rate hike remains possible before the new U.S administration takes office, though no specific timeline for such action was provided.

The USD posted its largest weekly gain in over a month on Friday as markets reassessed the Federal Reserve’s future rate-cut trajectory, factoring in potential influences from President-elect Donald Trump’s policies on FED decisions.

The U.S Consumer Price Index (CPI) rose modestly in October, following the slowest growth in 3,5 years observed in the previous month, underscoring the challenges in managing inflation.

The USD reached its highest level in 6,5 months against major currencies yesterday as markets anticipated that the import tariff policies of President-elect Donald Trump would reignite U.S inflation.

President Donald Trump’s second term could bring significant challenges for the European Union’s export-dependent economy, which is already struggling with sluggish growth and a deepening political crisis.

The USD Index rebounded by nearly 0,6% at the end of last week as markets took time to assess the economic implications of the U.S Presidential Election for the upcoming term.

The U.S services sector continued to accelerate in October, marking its fourth consecutive month of growth despite political uncertainty from the U.S Presidential Election.

According to the latest data from the General Department of Vietnam Customs, the nation’s trade balance in goods saw a surplus of +1,99 billion USD in October.