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VCSC Daily - Fed moves boost stocks until 580 strikes again – VCB, MWG

Fed moves boost stocks until 580 strikes again. Vietnam's stock market opened in green territory following positive sentiment from the U.S stock market last night. The lingering effect of yesterday's announcement of the U.S. Fed to slow down its rate hike plan made the USD weaken by 1.2%, which in turn drew interest back to stock markets and other investment instruments.