Vietnam’s benchmark VN-Index rebounded by 0.26% on December 8 to close the final trading session of the week at 1,124.44 points after losing 0.44% a day earlier.
The narrative at the beginning of 2023 centred around the global capital’s exit from various markets, primarily instigated by rising interest rates in the US and other associated risks. However, the current landscape indicates a notable shift.
Amid global economic flux, there is a broad consensus that US inflation is on a declining trend, albeit with some unexpected twists and turns along the way. High interest rates could yield unintended consequences, underscoring the importance of a balanced approach.