Business

Gold prices lose advantage as the market bets on Fed interest rate hikes

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Gold prices are under pressure as the market increases expectations of the Fed raising interest rates, although falling oil prices help limit the weakening momentum.

Tuyen Quang to have an industrial park worth over 850 billion VND soon

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Tuyen Quang - Approving the investment policy is an important step in the process of implementing the development plan of industrial parks in the area.

Update on gasoline and oil prices on June 18: Deep reduction

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Update on gasoline and oil prices on June 18: At 6:20 PM on June 18, world oil prices simultaneously fell sharply.

Gold price update at the closing session on June 18: Falling from 4,300 USD/ounce

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Gold price update at the closing session on June 18: World gold fell sharply below 4,300 USD/ounce, under pressure from the Fed's tough stance and the rising USD.

Lao Cai sets budget revenue record in the first 6 months of the year

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Lao Cai - With outstanding growth, the province is creating momentum to accelerate to realize the goal of becoming a growth pole and a regional trade connection center.

World oil prices increased by more than 2 USD

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In the trading session on July 28 (Vietnam time), world oil prices increased by more than 2 USD when the decline in US oil reserves and gas from Russia to Europe overwhelmed concerns about weak demand and a US interest rate hike.

Bitcoin price suddenly increased sharply

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According to the reporter of Lao Dong Newspaper, the price of Bitcoin on July 28 (Vietnam time) suddenly reversed and increased by nearly 8%, surpassing the 22,000 USD mark.

World oil prices reverse upward momentum, plummet

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In the trading session on July 27 (Vietnam time), world oil prices plummeted after Russia cut off a large amount of gas to Europe.

Bitcoin price continues to be "unstable"

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According to the reporter of Lao Dong Newspaper, the price of Bitcoin on July 27 (Vietnam time) fell close to 21,000 USD, in the context of red still covering the market.

World oil price increases by more than 4 USD

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In the trading session on July 26 (Vietnam time), world oil prices increased by more than 4 USD due to concerns about supply, a decrease in the US dollar and a slight increase in the stock market at the beginning of the session.

Bitcoin price has not yet found the "light at the end of the tunnel"

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The price of Bitcoin on July 26 (Vietnam time) according to the reporter of Lao Dong Newspaper is still sinking in the days of strong price declines.

World oil prices fall as the USD depreciates

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In the trading session on July 25 (Vietnam time), world oil prices were red in the context of weakening demand and Libya's crude oil production resuming.

Bitcoin price continues to be "red-fried"

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Bitcoin prices on July 25 (Vietnam time) continued to plummet, the digital currency market is in difficult days.

A series of factors cause world oil prices to fluctuate

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Last week, world oil prices fluctuated amid the possibility of the US Federal Reserve (Fed) only raising interest rates by 0.75% at the end of the month and the European Union (EU) adjusting sanctions against Russia, raising concerns about energy consumption prospects.

Bitcoin price begins to show signs of long-term slide

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The price of Bitcoin on July 24 (Vietnam time) did not have a breakthrough when it continued to decrease around the 22,000 USD mark, the cryptocurrency market fell into a "unstable" position.

World oil prices drop sharply

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In the trading session on July 23 (Vietnam time), world oil prices fell sharply after the EU's decision to adjust sanctions against Russia.

What will happen to the fever of hot interest rate increases from now until the end of 2023

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"The pressure to increase deposit interest rates in the second half of 2022 is present if the credit limit is extended. The gap in credit - deposit growth is currently high and deposits from the State Treasury may no longer be abundant if public investment begins to be boosted," said an SSI expert. How will bank interest rates go from now until the end of 2023?

World oil prices continue to decrease after the ECB increased interest rates

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In the trading session on July 22 (Vietnam time), world oil prices continued to decrease in the context of the European Central Bank (ECB) raising interest rates to 50 points. This raises concerns about the prospects for energy consumption.

Bitcoin price is gloomy, the whole market is quiet

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Bitcoin price on July 22 (now Vietnam has temporarily stopped declining, but the virtual currency market has not shown any clear signs of recovery.

Experts rush to predict the State Bank will soon increase interest rates

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"The State Bank may raise interest rates earlier than expected as inflation increases and the VND depreciates faster than expected, especially if the Fed continues to take a hawkish stance," said Tim Leelahaphan, Economist in charge of Thailand and Vietnam, Standard Chartered Bank.