Vietnam's GDP growth accelerates in Q2

Source: Bloomberg
© Scanpix/AFP
The Vietnamese economy grew faster in Q2 compared to the growth in Q1. Central bank's efforts to revive lending by cutting interest rates and increasing foreign investment were responsible for the acceleration, while the legislature voted to lower corporate tax rate to further help the businesses. GDP rose 5% this quarter compared to growth a year ago, while it expanded 4.9% in the first half of the year.
Back to articles

Actual Topics

Thu, 27 Jun 2013 07:18:10 GMT

Asian stocks rally after U.S. growth revision

Asian stocks rose after the U.S. authorities revised Q1 growth downwards, which lead investors to believe that the Fed will not end its QE earlier. Improved situation in China's money markets also contributed to the rise. The MSCI shares outside Japan increased 1.8% today after increasing 1.9% yesterday. Shanghai stocks rose 1.2%, while the Nikkei index jumped 2%.

Wed, 26 Jun 2013 08:30:15 GMT

Loonie depreciates as U.S. economy grows

The Loonie weakened versus almost all of its most-traded peers on reports that showed growth in the U.S. economy, increasing speculations that the Fed could reduce stimulus. The Canadian Dollar dropped 0.1% to C$1.0515 per U.S. Dollar as of 5 p.m. Toronto time, while Canadian government bonds declined 0.05 percentage points to 2.54%.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.