VDEA News
News and analysis on important movements in Vietnam and the world across economy, finance, business, politics, technology, science and society.
The Bank of Japan's Policy Board voted 7-1 to increase the policy interest rate by 0.25 percentage points to 1.0%, with concerns over inflation risks outweighing growth worries. The board decided to maintain the current pace of JGB purchase reductions until early 2027, halting further tapering to prioritize market stability.
Read storyThe Federal Reserve Board has granted approval for Banco Santander, S.A. and its U.S. subsidiary, Santander Holdings USA, Inc., to proceed with their applicati…
The recent joint intervention by the US and Japan has sparked discussions regarding its potential impact on the yen, with analysts suggesting it could mark a t…
Today's economic agenda includes final services PMIs for major Eurozone economies and the UK, alongside US labor market indicators. Market reactions are expect…
The AUD/USD currency pair is experiencing upward momentum following a recent dip, driven by a combination of softer inflation data, USD/JPY intervention, and a…
European equities posted gains across five of six major indices, led by Italy and Germany, as investors shifted focus to risk appetite. The UK’s FTSE 100 lagge…
Oil prices have dropped approximately 6% while U.S. stock futures are up around 0.5% following President Trump's comments regarding a potential deal in the Hor…
Bank of England Governor Andrew Bailey stated that current economic conditions do not indicate immediate second-round inflation effects, while remaining vigila…
JP Morgan's analysis indicates that the US Treasury has limited resources to support coordinated yen intervention with Japan. While unconventional measures cou…
The People's Bank of China (PBOC) is anticipated to announce the USD/CNY reference rate at 6.7364, reflecting ongoing market dynamics and economic consideratio…
The S&P Global Australia Manufacturing Purchasing Managers' Index (PMI) rose to 52.0 in July, indicating a return to growth in production and new orders for th…
The Indian Rupee has gained strength following a coordinated dollar-selling intervention by Japan and South Korea, coupled with a lack of hawkish surprises fro…
In the Australian and UK retail forex markets, brokers have reached a saturation point in spread pricing, leading to a shift in competitive strategies. With sp…
Kevin Hassett, advisor to the White House National Economic Council, expressed optimism regarding inflation trends and the Federal Reserve's approach under Cha…
The USDJPY continues to decline following a coordinated currency intervention by Japan and the U.S. The EURUSD remains stable, while GBPUSD sees a slight decre…
Switzerland's consumer price index (CPI) rose by 0.4% in July, matching expectations but reflecting a slight decline in headline inflation. Core inflation rema…
The NZDUSD has risen by 1.45%, while the AUDUSD has gained 1.05%. Key resistance levels have been breached, indicating potential for further upward movement.
The upcoming week features significant economic data releases, including manufacturing PMIs, U.S. job openings, and labor market reports from both the U.S. and…
The USDJPY has seen a significant drop, influenced by speculation of potential intervention. Meanwhile, U.S. economic indicators show a slowing growth rate but…
South Korean foreign exchange authorities executed a rare dollar-selling intervention on Thursday, aiming to stabilize the local currency amid ongoing market v…
Eurozone inflation has edged up in July, prompting speculation about future ECB rate hikes. Meanwhile, the Bank of Japan holds rates steady, with Governor Ueda…
SpaceX's shares have dropped sharply since their initial public offering, reflecting a combination of structural and operational pressures. The upcoming releas…
The USDCAD currency pair is experiencing a rebound today, reversing declines from earlier in the week. This movement comes amid rising U.S. Treasury yields, wh…
China's Politburo has committed to accelerating spending on pre-approved infrastructure projects rather than introducing new stimulus measures, following disap…
The People's Bank of China (PBOC) has set the USD/CNY reference rate at 6.7898 for today, exceeding market expectations of 6.7364. The central bank continues t…
The Federal Reserve Board has announced a request for public comment on a proposal to update its regulations concerning the extension of credit to bank insider…
In July, the euro area's annual inflation rate increased to 2.9%, surpassing the previous month's 2.8% estimate. Core inflation also rose to 2.5%, prompting sp…
Japan's preliminary industrial production for June increased by 1.3% month-on-month, exceeding the expected rise of 0.7%. In contrast, retail sales growth fell…
Australia's Producer Price Index (PPI) for the second quarter increased by 3.6%, exceeding the previous quarter's growth of 3.0%. This rise suggests underlying…
China's manufacturing Purchasing Managers' Index (PMI) for July registered at 49.2, below the expected 50.0 and down from the previous month's 50.3, signaling…
Following a week dominated by major tech earnings, the upcoming calendar features reports from various sectors including industrials, healthcare, and consumer…
The Bank of Japan is not anticipated to make significant policy changes in its upcoming meeting, following a recent interest rate hike. Market expectations ind…
President Trump emphasized the financial advantages of U.S. intervention in the yen market, linking it to the robust U.S.-Japan relationship. His comments sugg…
The Bank of Japan (BOJ) has decided to keep its short-term interest rate target at 1.00%, following a previous hike. While this decision was anticipated, a dis…
Bank of Japan Governor Kazuo Ueda has stated that the central bank will conduct monetary policy carefully to avoid falling behind the curve, particularly as un…
Lorie Logan, President of the Dallas Federal Reserve, has voiced her dissent regarding the recent FOMC rate decision, advocating for a quarter-point rate hike…
Key FX option expiries for July 31 include significant levels for EUR/USD and USD/JPY, with potential implications for market sentiment and price action as mon…
Japan's Vice Minister of Finance for International Affairs, Atsushi Mimura, characterized the recent joint yen intervention with the United States as a signifi…
The Bank of Japan (BOJ) kept interest rates unchanged, while mixed economic indicators emerged from China and Australia. The USD/JPY pair saw volatility as Jap…
Oil prices fell nearly 5% as President Trump announced the cancellation of planned strikes on Iran, hinting at a potential deal regarding the Strait of Hormuz.…
Federal Reserve official Paulson expresses a strong stance on the necessity to combat inflation, citing a range of 2.4-2.8% for underlying inflation. He acknow…
Situational Awareness LP, founded by former OpenAI researcher Leopold Aschenbrenner, has experienced a dramatic decline in its portfolio value following a shar…
The U.S. economy grew at an annualized rate of 1.5% in Q2, below expectations, but consumer spending remained robust. Inflation data indicates a gradual easing…
Bank of England Governor Andrew Bailey noted that disinflation is occurring at a slow pace, with a gradual weakening of the labor market. The central bank held…
The US dollar is trading lower against major currencies, particularly the Japanese yen, Australian dollar, and New Zealand dollar, following the Federal Reserv…
The Bank of England is expected to hold its Bank Rate steady at 3.75%, with a possible 6-3 vote split emerging as policymakers assess economic conditions and i…
The USD/JPY currency pair has experienced a rebound above the 160 mark after Japan's unexpected market intervention and the Bank of Japan's decision to maintai…
The USD/JPY currency pair faced a swift decline before experiencing a slight rebound, reflecting ongoing market volatility. Analysts are closely monitoring the…
