Market News

Market

Foreign Investors' Persistent Selling in Korean Stocks Amid Political Uncertainty

Foreign investors have continued their selling spree in South Korean stocks for the fourth consecutive month, with a significant net sale of 4.2 trillion won in domestic listed sto...

Market

Gold Prices Surge Amidst U.S. Inflation Data Anticipation

Gold prices are increasing with the gold bar stabilizing at VND85.2 million per tael. Global gold prices gain as investors await U.S. inflation data. Spot gold up 0.5% at $2,644.91...

Market

Dollar's Decline Against Vietnamese Dong: What's Behind the Slip?

Vietcombank sold the dollar at VND25,460, down 0.03% from the weekend. The greenback slid 0.04% to VND25,700 on the black market. The State Bank of Vietnam reduced its reference ra...

Market

How U.S. FOMC Meetings Impact Short-term Korean Treasury Bond Yields

Recent analysis suggests that the U.S. Federal Open Market Committee (FOMC) has a greater short-term influence on Korean treasury bond yields compared to domestic political issues,...

Market

US and Korea Rate Cuts Drive Korean Government Bond Yields Down

Government bond yields in Korea plummeted across all maturities last month, influenced by rate cuts from the U.S. Federal Open Market Committee and the Bank of Korea. The decline i...

Market

Geopolitical Tensions Spark Surge in Gold Prices

The price of precious metals climbed on Monday as escalating geopolitical tensions, particularly the end of the Assad family's 50-year rule in Syria, seemed to heighten demand for ...

Market

MicroStrategy Makes Massive Bitcoin Purchase: 21,550 BTC for $2.1 Billion

MicroStrategy has acquired 21,550 Bitcoin for $2.1 billion, at an average price of $98,783 per Bitcoin, according to an SEC filing. The transaction was financed through the sale of...

Market

US Markets Experience Mixed Open Amid Anticipation of Key Economic Data

US stock indexes opened mixed on Monday as investors await key economic reports, including wholesale inventories, inflation, jobless claims, and producer prices data. Oracle Corpor...