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VCSC Daily - Vietnamese markets awaiting surprises, USD and gold prices dropped

Market Commentary

12 Jun 2012

Asian stocks failed on Spanish debt concerns; Vietnam is not an exception – Vietnamese market declined following Asian peers while oil price drops to its lowest level since October 2011 amid Spanish bailout. Markets dropped as the bulls are awaiting surprises, possibly from discussions in the National Assembly meeting this morning and/or any significant improvement in macro side before jumping back to the markets.

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