How is Vietnam’s trade affected when the USD price is close to the Euro?

Advertisements The bank’s USD price is being traded almost at par with the Euro price, which is unprecedented in nearly 20 years. The bank’s USD price is being traded almost at par with the Euro price, which is unprecedented in nearly 20 years. Today (July 13), the State Bank of Vietnam listed the USD/VND exchangeContinue reading “How is Vietnam’s trade affected when the USD price is close to the Euro?”

US inflation in June is higher than forecast

Advertisements In June, the price of household essential goods continued to increase compared to the previous month. Gasoline prices increased 11.2%, prices of energy services, including electricity and gas, increased 3.5%, the highest level since 2006. Previously, economists surveyed by Bloomberg forecast CPI to increase by 8.8% year-on-year and 1.1% month-on-month. Core inflation, excluding foodContinue reading “US inflation in June is higher than forecast”

Gasoline prices drop but goods still don’t go down

Advertisements A few days after the price of gasoline dropped by 3,000 VND per liter, many items still kept their prices and even increased Mr. Hanh’s pho shop (Van Phu urban area, Ha Dong, Hanoi) has not yet adjusted its selling price. Currently, each bowl of pho ranges from 40,000-60,000 VND, an increase of 5,000-10,000 VNDContinue reading “Gasoline prices drop but goods still don’t go down”

Real estate: 5 market forecasts at the end of the year

Advertisements Forecasting some possible risks for the real estate market in the second half of 2022 and the beginning of 2023 The supply of apartments is tending to move to the suburbs of big cities.(Photo: Cau Buu new urban area, Thanh Tri, Hanoi) The new supply of the apartment segment recorded an increase of 78%Continue reading “Real estate: 5 market forecasts at the end of the year”

Gold prices had their biggest weekly loss in more than a year despite a slight recovery on Friday

Advertisements “There are too many factors that are pushing gold prices up, so gold prices are still trading in a narrow range,” said Daniel Ghali, commodity strategist at TD Securitie. Gold price is affected by the strength of the USD and the expectation that the USD base interest rate will be adjusted up. Closing theContinue reading “Gold prices had their biggest weekly loss in more than a year despite a slight recovery on Friday”

Gold is forecasted to be sold off strongly in the near future

Advertisements Analysts say there will still be more downside risks to gold prices. After losing about $60 a week, gold is now vulnerable with the possibility of a strong sell-off as the market prepares for the possibility of the US Federal Reserve (Fed) raising basic interest rates sharply. hands during the policy meeting in JulyContinue reading “Gold is forecasted to be sold off strongly in the near future”

Rising prices are causing consumers in the US to cut back on spending

Advertisements Consumer prices in the United States rose 8.6% in May, a four-decade high. James Duffy (25 years old) often goes to the cafe on the weekend to enjoy an Americano and read a book. However, when inflation increased hotly, this habit of “going chill” of Duffy was also affected. He began to gradually reduce theContinue reading “Rising prices are causing consumers in the US to cut back on spending”

Newly issued Russian 100-ruble banknote cannot circulate after issue

Advertisements The newly issued Russian 100-ruble banknote has just been suspended from circulation, due to the conflict in Ukraine. Newly-issued Russian 100-ruble banknote. (Photo: Reuters) The Central Bank of Russia issues a 100-ruble note (equivalent to more than 40,000 dong), with a picture of the Kremlin’s Spasskaya Tower on one side and an image of theContinue reading “Newly issued Russian 100-ruble banknote cannot circulate after issue”

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