Experts make surprising predictions about gold price peaks
In an interview with Kitco News, Nitesh Shah - Director of European Commodity and macroeconomic Research at WisdomTree said that in addition to global trade instability, the next major risks he sees for the economy are US monetary policy and the independence of the US Federal Reserve (FED).
FED Chairman Jerome Powell has faced a lot of criticism from President Donald Trump for his monetary policy stance. Up to this point, central banks have maintained a neutral and cautious policy in cutting interest rates, as inflation risks continue to increase in the context of relatively stable growth.
Last week, President Trump called Mr. Powell " Foolish" after the Fed reiterated that it was in no rush to loosen monetary policy. Although the conflict continues, Trump said he has no intention of sacking Powell. However, Mr. Powell's term will end in May 2026.
Mr. Shah said that gold could move positively if investors begin to question the Fed's independence as Mr. Trump begins to look for Mr. Powell's replacement. See more...
Yen suddenly appreciates again
According to Lao Dong, on May 13, the Japanese Yen (JPY) continued to increase in price, causing the USD/JPY exchange rate to decrease to about 147.90, despite prolonged instability in the interest rate policy of the Bank of Japan (BoJ).
The main reason for the Yen's recovery is the cautious sentiment of the market in the face of Japan's monetary policy outlook and fluctuations in US-China trade relations. See more...
Reclaiming 7.47 hectares of land, clearing more than 1,000 households in Binh Thanh district to build a project worth VND8,614 billion
VN-Index approaches the 1,300-point mark, investors should be cautious about strong resistance
The trading session on May 13, 2025 recorded a strong breakthrough in the Vietnamese stock market, with the VN-Index increasing by 10.17 points (+0.79%) to 1,293.43 points.
According to Mr. Dinh Quang Hinh - Head of Macro and Market Strategy, VNDIRECT Securities Joint Stock Company - investors' optimism is driven by the fact that the KRX trading system has officially been successfully put into operation since May 5. In addition, cooling signals of tariff tensions also contributed to supporting the market.
Another factor supporting the market is the breakthrough of the Vin group of stocks.
VPL shares (Vinpearl) on the first day listed on the HOSE. VPL ceilinged to VND 85,500/share, contributing more than 7 points to the increase of VN-Index, becoming one of the largest-cap stocks on the exchange in the floor opening session. Bank stocks also recorded positive growth, helping to support the index. See more...
