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A Vietnamese economic scholar warned that the economy must be cautious of external shocks in 2017, citing possible US Fed rate hikes and oil production cuts by major producers. The report forecasts 6.4% growth and 5.9% inflation for the year, below the 6.7% growth target.
A stronger dollar from Fed hikes would raise Vietnam's import costs for feed ingredients, while higher oil prices from OPEC cuts would push up domestic inflation. Both are modest pressures on the feed sector.
en.nhandan.vnNhan Dan OnlineJan 16, 2017After 487 past bullish macro events, WTI moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% 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.
