Let's review the notable domestic and international financial news that took place in the past 24 hours before today's trading hours.
• Wall Street is all in on the 2024 monetary policy reversalAfter years of opposing positions, Wall Street traders and the US Federal Reserve now agree that a major reversal in monetary policy is coming, as the world's largest economy prepares for an unprecedented soft landing.
• Factors for the real estate market to reverse from the second quarter of 2024Experts believe that the real estate market may reverse from the second to fourth quarter of 2024, but it will not stabilize until 2026.
• Ministry of Construction 'orders' inspection of many real estate projectsThe Ministry of Construction inspects localities on compliance with laws related to commercial housing projects, resort villas, social housing, etc.
• Gasoline prices drop sharplyFrom 3:00 p.m. on December 14, 2023, gasoline prices will decrease by 778 - 917 VND/liter, while oil prices will also decrease at a relatively low level.
• Laos stocks among Asia's top performers in 2023. Looking at the beginning of the year, some Asian frontier markets have risen sharply and outperformed other markets in the region. Some experts believe that the rise could spread to other Asian frontier markets, such as Vietnam and Bangladesh, amid gradually improving macro conditions.
• Prime Minister: Strengthen solutions to promote effective and sustainable stock marketPrime Minister Pham Minh Chinh has just signed Official Dispatch No. 1360/CD-TTg dated December 13, 2023 to strengthen solutions to promote the safe, transparent, effective and sustainable development of the stock market.
• L44 Postponed the 9th dividend payment date, wants to issue 2.2 million more shares to swap debt withVietnam Securities Depository and Clearing Corporation has just announced the change of the 2012 and 2013 cash dividend payment date of Lilama 45.4 JSC (UPCoM: L44).
• Sen Vang Securities' leadership team resignsThree members of the Board of Directors of Sen Vang Securities submitted their resignations for personal reasons.
• Portrait of ThaiBinh Seed Group "missed the appointment" for the world's best rice award. The predecessor is one of the earliest established seed companies in Vietnam. In terms of capital, ThaiBinh Seed Group Joint Stock Company only has 10 billion VND in charter capital. But in terms of "soft values", this Group is holding much more than that.
• Chairman Powell: Fed discussed the timing of rate cuts at this meetingFed Chairman Jerome Powell said rate cuts were a topic at the meeting, but stressed the Fed did not want to rule out further rate hikes.
Source: Vietstock
