Financial Market Newsletter

FTSE Russell has announced that Vietnam’s stock market will be upgraded from Frontier Market to Secondary Emerging Market status in early September 2026.

The Japanese yen (JPY) weakened sharply on Monday, falling 1,8% to trade below the 150-per-dollar threshold for the first time in over two months,

At the Government’s regular September press conference, officials reported that Vietnam’s economy continues to show a strong recovery momentum.

The USD Index rose 0,16% on Tuesday, rebounding against the Japanese yen after 4 consecutive days of declines, as markets judged that the economic fallout from a U.S Government shutdown may prove less severe than initially feared.

ADP payrolls data released late Wednesday showed that the U.S economy shed 32.000 private-sector jobs in September, a sharper decline than the 3.000 jobs lost in August and well below economists’ forecasts for a gain of around 45.000 jobs.

The USD posted its second consecutive weekly gain amid mounting evidence that the U.S Government’s tariff policies are beginning to exert upward pressure on inflation, while Pres-ident Donald Trump continued his public criticism of Federal Reserve Chair Jerome Powell.

The USD rebounded on Tuesday, rising by 0,34% following data that showed retail sales in the United States exceeded expectations in June, while initial jobless claims declined last week.

The USD Index fell nearly 0,4% during a highly volatile session last night following reports that President Donald Trump is considering dismissing Federal Reserve Chair Jerome Powell.

U.S inflation climbed to 2,7% last month as the Biden administration’s tariffs have gradually begun to pass through to domestic consumer prices.