US GDP Slows, but Fed Rate Cuts Are Still Distant
US growth cooled in the second quarter, yet domestic demand and inflation still leave the Federal Reserve with a difficult choice. A softer GDP number does not automatically clear the way for lower rates.
Overnight Rates Fall, Borrowing Costs Lag
Vietnam's overnight interbank rate fell to 2.5% a year, while the one-month rate remained at 7.3%. The gap signals easier immediate liquidity, not yet a broad decline in longer-term funding costs.
VN-Index Gains 40 Points: Breadth Is the Real Test
The July 30 advance reached 287 stocks and came with stronger turnover, showing that buying interest extended beyond a handful of index heavyweights. The next session will show whether that demand can absorb profit-taking.
FRT Hits Its Ceiling: Store Count Is Not Long Châu's Test
FRT's limit-up session has put Long Châu back in focus. But for a pharmacy chain, outlet count is only the starting point, not the answer.
Microsoft Spends $41 Billion: Cash Flow Is the Test
Microsoft's profits rose even as it spent heavily on AI infrastructure. The gap between accounting profit and cash generation is the real test of this investment cycle.
The Fed held rates, but Wall Street stayed under pressure
A rate hold does not mean cheaper capital is around the corner. Three dissenting votes, rising long-term yields and an oil shock reset the valuation test for equities.
Brent gains 6.61%: Supply data still holds the answer
Renewed fighting lifted Brent to USD 89.65 a barrel. The next move depends less on the next headline than on how much oil can actually be delivered.
A 9% Deposit Rate Comes With Less Access to Cash
A deposit certificate paying up to 9% a year can be compelling, but only when the money will not be needed before maturity. On VND 100 million over six months, the extra return may be smaller than the cost of needing cash at the wrong time.
VN-Index clears 1,700, but the rebound lacks confirmation
VN-Index ended July 29 near its intraday high and moved back above 1,700. Falling volume and the heavy contribution from VIC and VHM mean the rebound still needs confirmation.
PNJ repurchased VND 7,062 billion, a working-capital test
The value of goods PNJ repurchased from customers far exceeded revenue in the first 20 days of July. A 120-day payment schedule eases immediate pressure, but cash flow and inventory turnover remain the real test.
SK Hynix profit rose 557% but still missed expectations
SK Hynix posted an extraordinary rise in second-quarter operating profit. Yet both revenue and absolute profit came in below consensus, showing why markets price the surprise relative to expectations rather than growth alone.
Ford raises outlook, F-Series must prove its margins
Ford lifted its 2026 outlook after a quarter of stronger margins. The decisive confirmation still lies in the second half, when F-Series supply returns to normal and shows up in profit and cash flow.