Our view: Both markets dipped into the red on the first day of the 4th quarter as the bears were driven by worries for the 4th quarter economic outlook. In the Government meeting last Thursday and Friday, the Ministry of Planning and Investment gave an estimate for YTD credit growth at just around 2.35%, remarkably lower than the target of 10% set by the SBV which dimmed expectation for stronger recovery in the 4th quarter.