Momo Buying Ahead Of CPI, iPhone 15, And ARM IPO; Auto Worker Strike Likely
To gain an edge, this is what you need to know today.
India GDP A Strong 7.8%, China’s Xi Likely To Skip Visit To G-20
Signal(s) to enter, add, reduce, exit, hold or change.
GDP
India's GDP grew by 7.8% in the April - June period vs. 7.7% consensus. This is a very strong growth number and the fastest in a year.
Earlier Reported, SGI, Which Supplies Magnets To Vietnamese EV Maker VinFast And Korea’s Hyundai Motor, Told Reuters It Is Investing $80M In Its New Vietnam Factory With Production Starting In 2024
https://www.nasdaq.com/articles/exclusive-rare-earths-magnet-firms-turn-to-vietnam-in-china-hedge
SGI, which supplies magnets to Vietnamese EV maker VinFast VFS.O and Korea's Hyundai Motor 005380.KS,
‘Rare Earths Magnet Firms Turn To Vietnam In China Hedge’ – Nasdaq
https://www.nasdaq.com/articles/exclusive-rare-earths-magnet-firms-turn-to-vietnam-in-china-hedge
July’s Top-Performing Country ETFs: This Nation Led Global Equity Rally, And It Wasn’t China
July was a positive month for the U.S. stock market, but strong gains were also seen in global…
Bloomberg Reported Earlier: Citigroup Clients Are Shifting Supply Chains Away From China To Mexico, Vietnam, Other Locations
https://www.bloomberg.com/news/articles/2023-03-01/citigroup-clients-are-shifting-supply-chains-away-from-china?utm_source=google&utm_medium=bd&cmpId=google&sref=y3YMCJ4e
U.S., Russia Defense Firms Aim to Sell Arms to Vietnam at Hanoi Fair
-Reuters
https://www.reuters.com/world/asia-pacific/vietnam-holds-first-international-arms-expo-hanoi-2022-12-08/
This Day In Market History: Vietnam Stock Exchange Opens
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On July 20, 2000, Vietnam opened its first stock exchange.
Where The Market Was: The Dow Jones Industrial Average closed the day at 10,843.87 and the S&P 500 traded at 1,495.57.