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Thoughts on the latest VNM dip ahead of Fed speak
Watching $VNM today with that 2.05% dip to 17.16. It's interesting timing, especially as we're heading into a week with a few Fed officials slated to speak. I'm wondering if some of this selling is just general risk-off ahead of potential hawkish rhetoric, or if there's something more specific brewing that I'm missing regarding the Vietnam market itself. Definitely keeping it on the watchlist for a potential bounce if the tone isn't overly aggressive.
1 comments · 4 points
Could be risk-off, or just a typical fluctuation. The Vietnam market has its own drivers, and linking every move to upcoming Fed speak might be a bit of a stretch for a 2% dip.