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Researchers expect the Fed's rate cuts to ease USD/VND pressure and attract more foreign direct and portfolio investment into Vietnam. The dong's depreciation against the dollar has narrowed to 1.6% from 4.9% in late May, and the note forecasts 1.3-1.7% depreciation this year.
A more stable dong and cheaper imports help Vietnamese feed and livestock buyers plan purchases. Stronger investment inflows support local demand, but the effect on global commodity prices is small.
theinvestor.vnQuang MinhSep 20, 2024After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
